USRD Themes US R&D Champions ETF
Quote as of Jul 28, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 37.87 | Day Range | 37.24 – 37.87 |
| 52-Week Range | 31.47 – 38.62 | Volume | 4 |
| Avg Volume | 127 | AUM | $1.1M (Aug 26, 2026) |
| Expense Ratio | 0.29% | Yield (TTM) | 0.37% |
| NAV | 37.28 | Premium/Discount | +1.58% indicative |
| Inception | Dec 13, 2023 | Holdings | 1 |
| Issuer | Themes | Exchange | NASDAQ |
| Category | International | Index Tracked | Not stated in source data |
| CUSIP | 882927874 | ISIN | US8829278741 |
| Management | Not stated in source data | ||
About this ETF
This exchange-traded fund (ETF) aims to offer exposure to prominent U.S. companies within the large and mid-capitalization segments. It focuses on the top 50 firms, as determined by the index provider's distinctive metric measuring research and development (R&D) intensity. Typically, the fund will allocate at least 80% of its net assets, along with any funds borrowed for investment purposes, to the securities composing this benchmark. It operates with a non-diversified investment strategy.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -4.85% | +3.81% | +9.12% | +9.58% | +10.51% | — | — | — | +14.71% |
| Total return | -4.85% | +3.81% | +9.12% | +9.58% | +10.98% | — | — | — | +15.94% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Jul 31, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.29% | Annual cost of a $10,000 investment | $29.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 2 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 99.84% | 1.12M | $1.1M |
| 2 | First American Treasury Obligations Fund… | FXFXX | 0.16% | 1.75K | $1.7K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.37% | Paid (last 12 months) | $0.1403 |
| Frequency | Irregular | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Dec 18, 2025 | Last payment | $0.1403 (Dec 19, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 18, 2025 | Dec 18, 2025 | Dec 19, 2025 | $0.1403 |
| Dec 24, 2024 | Dec 24, 2024 | Dec 26, 2024 | $0.7242 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 18.33% / 19.34% | Sharpe 1Y / 3Y | 0.679 / 0.752 |
| Max drawdown 1Y / 3Y | -13.47% / -23.81% | Sortino 1Y | 0.979 |
| Beta vs S&P 500 (3Y) | 1.12 | Correlation vs S&P 500 (1Y) | 0.854 |
| Downside deviation 1Y | 12.71% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 4 | Average volume | 127 |
| AUM | $1.1M | Premium/Discount | +1.58% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $1.1M → $1.1M |
| 1 Week | $0.00 | 0.00% | $1.1M → $1.1M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for USRD
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.