Key stats
About Themes European Luxury ETF
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Inception date
Dec 15, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Themes Management Co. LLC
Distributor
ALPS Distributors, Inc.
FINE aims to replicate an index of European companies generating at least 50% of their revenues from luxury-related business operations. The index is focused on companies headquartered in developed countries in Europe. Eligible securities must meet certain size and trading volume requirements. After this basic screen, a proprietary natural language processing algorithm screens publicly available information such as financial news and business profiles to identify and score companies involved in the investment theme. These may include firms involved in the design, manufacturing, or sale of luxury and designer accessories, high-end or designer clothing and beauty products, exclusive and luxurious automobiles and boats, luxury hotels, resorts, and spas. The 25 highest-ranking companies are included in the index and are given an equal weighting. The index is reconstituted annually and rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Consumer Durables
Consumer Services
Retail Trade
Stocks99.49%
Consumer Non-Durables48.02%
Consumer Durables24.98%
Consumer Services12.15%
Retail Trade10.58%
Process Industries3.77%
Bonds, Cash & Other0.51%
Cash0.26%
Mutual fund0.25%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FINE invests in stocks. The fund's major sectors are Consumer Non-Durables, with 48.02% stocks, and Consumer Durables, with 24.98% of the basket. The assets are mostly located in the Europe region.
FINE top holdings are Burberry Group plc and Givaudan SA Unsponsored ADR, occupying 5.04% and 4.80% of the portfolio correspondingly.
FINE assets under management is 671.66 K USD. It's fallen 0.50% over the last month.
FINE fund flows account for 214.71 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FINE pays dividends to its holders with the dividend yield of 0.99%. The last dividend (Dec 26, 2024) amounted to 0.22 USD. The dividends are paid annually.
FINE shares are issued by ETP Holding Co. LLC under the brand Themes. The ETF was launched on Dec 15, 2023, and its management style is Passive.
FINE expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
FINE follows the Solactive European Luxury Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FINE invests in stocks.
FINE price has fallen by −3.27% over the last month, and its yearly performance shows a −5.70% decrease. See more dynamics on FINE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.56% decrease in three-month performance and has decreased by −8.79% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.56% decrease in three-month performance and has decreased by −8.79% in a year.
FINE trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.