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NATO vs FMKT

Themes Transatlantic Defense ETF vs The Free Markets ETF

NATO

Themes Transatlantic Defense ETF

Themes ETF Trust

Annual cost

0.35%

Fund size

$99M

FMKT

The Free Markets ETF

Free Markets ETF

Annual cost

0.76%

Fund size

$15M

Key differences

  • NATO costs 0.41% less per year.
  • NATO is significantly larger than FMKT — larger funds tend to be more liquid and less likely to close.
  • NATO follows a index tracking strategy; FMKT uses active selection.

Side-by-side comparison

NATOFMKT
Annual cost (TER)0.35%0.76%
Fund size (AUM)$99M$15M
Since20242025
Dividend yield0.45%
Asset classequityequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+23.3%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y20.70%
Max drawdown-15.99%-17.79%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to NATO and FMKT