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NATOvsXLIIETF Comparison

ETF 1
NATO

Themes Transatlantic Defense ETF

This fund is part of
US Large Cap
+0.9%
VS
ETF 2
XLII

State Street Industrial Select Sector SPDR Premium Income Fund

This fund is part of
Options Strategies
+0.26%

Themes Transatlantic Defense ETF (NATO) belongs to the US Large Cap segment. State Street Industrial Select Sector SPDR Premium Income Fund (XLII) is part of the Options Strategies segment. NATO's top 3 sector exposures are Industrials, Information Technology and Consumer Discretionary. In contrast, XLII's top sector exposures are Industrials, Information Technology  Both NATO and XLII have the same Total Expense Ratio (TER) of 0.35%. NATO is down -0.03% year-to-date (YTD) with +$42M in YTD flows. XLII performs better with 4.55% YTD performance, and +$5M in YTD flows. Run a side-by-side ETF comparison of NATO and XLII 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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NATO vs XLII performance and flow charts

Performance

-4.0-2.00.02.04.06.0%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

01,000,0002,000,0003,000,0004,000,0005,000,0006,000,000Mar 24Mar 31Apr 8Apr 15Apr 22

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

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

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
NATO
XLII
-3.02%+4.48%
-9.88%+2.28%
-0.03%+4.55%
+31.68%n/a
n/an/a
n/an/a
Flows
NATO
XLII
+$2M+$501K
+$28M+$4M
+$42M+$5M
+$77M-
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
NATO
XLII
+26.10%+14.78%
+18.53%n/a
n/an/a
n/an/a
Max drawdown
NATO
XLII
-14.82%-9.92%
-14.82%n/a
n/an/a
n/an/a
Max drawdown duration
NATO
XLII
53d53d
53dn/a
n/an/a
n/an/a
Trading data

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NATO
XLII
Last sale
4/27/2026 at 1:30 PM
$37.94
$25.10
Previous close
04/24/2026
$37.88
$25.08
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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XLII
is actively managed and doesn’t replicate an index

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NATO
XLII
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
NATO
XLII
Last price
$37.94
$25.10
1D performance
+0.18%
+0.06%
AuM$97.11 M$6.02 M
E/R0.35%0.35%
Characteristics
NATO
XLII
Management strategyPassiveActive
ProviderThemes Management CompanyState Street Investment Management
BenchmarkSolactive Transatlantic Aerospace and Defense Index-
N° of holdings5977
Asset class--
Trailing 12m distribution yield
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Inception dateOctober 10, 2024July 30, 2025
ESGNoNo
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Exposure

Countries

NATO
USA
66.36%
United Kingdom
11.02%
Other
22.62%
XLII
USA
92.29%
Other
7.71%

Sectors

NATO
Industrials
91.91%
Other
8.09%
XLII
Industrials
91.02%
Other
8.98%
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Diversification

NATO

Total weight of top 15 holdings out of 15

77.94%
XLII

Total weight of top 15 holdings out of 15

49.25%

Top 15 holdings

Data as of March 31, 2026
NATO
RAYTHEON TECHNOLOGIES CORPORD
8.77%
GENERAL ELECTRIC
7.35%
BOEING U
6.88%
ROLLS-ROYCE HOLDINGS
5.90%
LOCKHEED MARTIN
5.89%
HONEYWELL INTL
5.50%
SAFRAN
5.27%
AIRBUS SE
5.14%
NORTHROP GRUMMAN
4.79%
HOWMET AEROSPACE INC
4.44%
BAE SYSTEMS
4.24%
GENERAL DYNAMICS
3.77%
RHEINMETALL
3.70%
L3 HARRIS TECHNOLOGIES
3.18%
TRANSDIGM GROUP
3.12%
XLII
CATERPILLAR
6.47%
GENERAL ELECTRIC
5.84%
RAYTHEON TECHNOLOGIES CORPORD
5.08%
US36828A1016
4.62%
BOEING U
3.07%
UBER TECHNOLOGIES INC
2.90%
UNION PACIFIC U
2.82%
HONEYWELL INTL
2.82%
DEERE
2.79%
EATON CORP PLC
2.73%
LOCKHEED MARTIN
2.40%
PARKER HANNIFIN
2.22%
VERTIV HOLDINGS
1.88%
HOWMET AEROSPACE INC
1.81%
TRANE TECHNOLOGIES PLC
1.81%
Frequently asked questions about NATO and XLII

How have the NATO and XLII ETFs performed in 2026?

As of April 24, 2026, NATO is down -0.03% year-to-date (YTD), while XLII has returned 4.55%. That puts XLII better performer ahead so far this year.

Which ETF is attracting more investor money: NATO or XLII?

Year-to-date, the NATO ETF saw +$42M in flows, compared to +$5M for XLII.

Which ETF is bigger: NATO or XLII?

As of April 24, 2026, NATO holds $97.11 M in assets under management (AUM), while XLII manages $6.02 M.

What sectors do the NATO and XLII ETFs invest in?

NATO leans toward sectors like Industrials. Meanwhile, XLII focuses on Industrials.

What are the top holdings of the NATO ETF and XLII ETF?

NATO top holdings include RAYTHEON TECHNOLOGIES CORPORD, GENERAL ELECTRIC and BOEING U. XLII holds in its top three: CATERPILLAR, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD.

Which ETF is more diversified: NATO or XLII?

NATO holds 76 securities with 77.94% of its assets in the top 15. XLII has 79 securities and a top 15 weight of 49.25%.

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Latest news about NATO & XLII
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