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CZARvsUSEWETF Comparison

ETF 1

CZAR

Themes Natural Monopoly ETF

This fund is part of

DM Large & Mid Cap

+0.12%

Full CZAR fund page

VS

ETF 2

USEW

Cambria US EW ETF

This fund is part of

US Large Cap

-0.1%

Full USEW fund page

Themes Natural Monopoly ETF (CZAR) belongs to the DM Large & Mid Cap segment. Cambria US EW ETF (USEW) is part of the US Large Cap segment. CZAR's top 3 sector exposures are Technology, Industrials and Finance. In contrast, USEW's top sector exposures are Technology, Finance and Industrials. CZAR is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.3% for USEW. CZAR is up 0.43% year-to-date (YTD) with - in YTD flows. USEW performs better with 9.62% YTD performance, and -$15M in YTD flows. Run a side-by-side ETF comparison of CZAR and USEW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CZAR vs USEW performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CZAR USEW	+3.67%+0.73%	+1.60%+4.99%	+0.43%+9.62%	+1.13%n/a	n/an/a	n/an/a
Flows	CZAR USEW	--	--$1M	--$15M	--	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CZAR USEW	+9.63%+11.06%	+10.13%n/a	n/an/a	n/an/a
Max drawdown	CZAR USEW	-3.77%-3.10%	-8.37%n/a	n/an/a	n/an/a
Max drawdown duration	CZAR USEW	51d8d	270dn/a	n/an/a	n/an/a

Trading data

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	CZAR	USEW
Last sale 7/24/2026 at 1:30 PM	$32.05
Previous close 07/23/2026	$31.71
Consolidated volume 07/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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USEW

is actively managed and doesn’t replicate an index

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	CZAR	USEW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/24/2026 at 1:30 PM

Live

Closed

	CZAR	USEW
Last price	$32.05	–
1D performance	+1.07%	–
AuM	$1.60 M	$188.40 M
E/R	0.35%	0.3%

Characteristics

	CZAR	USEW
Management strategy	Passive	Active
Provider	Themes Management Company	Cambria
Benchmark	Solactive Natural Monopoly Index	-
N° of holdings	96	3538
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	December 13, 2023	December 18, 2025
ESG	No	No

More CZAR data on Trackinsight

More USEW data on Trackinsight

Exposure

Countries

CZAR

USA

58.4%

United Kingdom

8.57%

Other

33.03%

USEW

USA

94.12%

Other

5.88%

Sectors

CZAR

Technology

21.42%

Industrials

18.31%

Finance

17.7%

Healthcare

7.95%

Consumer Non-Cycl.

7.66%

Other

26.96%

USEW

Technology

28.37%

Finance

18.26%

Industrials

12.15%

Healthcare

9.6%

Consumer Non-Cycl.

7.4%

Other

24.23%

Diversification

CZAR

Total weight of top 15 holdings out of 15

53.12%

USEW

Total weight of top 15 holdings out of 15

19.78%

Top 15 holdings

Data as of June 30, 2026

CZAR

Cisco Systems, Inc.

5.97%

US4385162056

4.81%

Fortive Corp.

4.50%

Broadcom Inc.

4.28%

BAE Systems Plc

4.21%

ASX Ltd.

3.84%

Visa, Inc.

3.53%

Raymond James Financial, Inc.

3.42%

BlackRock, Inc.

3.35%

Mastercard, Inc.

3.28%

Paychex, Inc.

3.05%

The Sage Group plc

2.56%

Autodesk, Inc.

2.30%

Johnson & Johnson

2.11%

AbbVie, Inc.

1.91%

USEW

Apple, Inc.

2.61%

NVIDIA Corp.

1.98%

Berkshire Hathaway, Inc.

1.78%

Microsoft Corp.

1.58%

Amazon.com, Inc.

1.49%

Broadcom Inc.

1.45%

JPMorgan Chase & Co.

1.30%

Alphabet, Inc.

1.17%

Western Digital Corp.

1.04%

Meta Platforms, Inc.

1.02%

Alphabet, Inc.

0.99%

Micron Technology, Inc.

0.91%

Seagate Technology Holdings Plc

0.83%

Sandisk Corp.

0.82%

Thermo Fisher Scientific, Inc.

0.81%

Frequently asked questions about CZAR and USEW

How have the CZAR and USEW ETFs performed in 2026?

As of July 24, 2026, CZAR is up 0.43% year-to-date (YTD), while USEW has returned 9.62%. That puts USEW better performer ahead so far this year.

Which ETF is attracting more investor money: CZAR or USEW?

Year-to-date, the CZAR ETF saw - in flows, compared to -$15M for USEW.

Which ETF is bigger: CZAR or USEW?

As of July 24, 2026, CZAR holds $1.60 M in assets under management (AUM), while USEW manages $188.40 M.

What sectors do the CZAR and USEW ETFs invest in?

CZAR leans toward sectors like Technology, Industrials and Finance. Meanwhile, USEW focuses on Technology, Finance and Industrials.

What are the top holdings of the CZAR ETF and USEW ETF?

CZAR top holdings include Cisco Systems, Inc., US4385162056 and Fortive Corp.. USEW holds in its top three: Apple, Inc., NVIDIA Corp. and Berkshire Hathaway, Inc..

CZARvsUSEWETF Comparison

Themes Natural Monopoly ETF

Cambria US EW ETF

CZAR vs USEW performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the CZAR and USEW ETFs performed in 2026?

As of July 24, 2026, CZAR is up 0.43% year-to-date (YTD), while USEW has returned 9.62%. That puts USEW better performer ahead so far this year.

Which ETF is attracting more investor money: CZAR or USEW?

Year-to-date, the CZAR ETF saw - in flows, compared to -$15M for USEW.

Which ETF is bigger: CZAR or USEW?

As of July 24, 2026, CZAR holds $1.60 M in assets under management (AUM), while USEW manages $188.40 M.

What sectors do the CZAR and USEW ETFs invest in?

CZAR leans toward sectors like Technology, Industrials and Finance. Meanwhile, USEW focuses on Technology, Finance and Industrials.

What are the top holdings of the CZAR ETF and USEW ETF?

CZAR top holdings include Cisco Systems, Inc., US4385162056 and Fortive Corp.. USEW holds in its top three: Apple, Inc., NVIDIA Corp. and Berkshire Hathaway, Inc..

Which ETF is more diversified: CZAR or USEW?

CZAR holds 96 securities with 53.12% of its assets in the top 15. USEW has 3742 securities and a top 15 weight of 19.78%.

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