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NATO vs ZFEB

Themes Transatlantic Defense ETF vs Innovator Equity Defined Protection ETF - 1 Yr February

NATO

Themes Transatlantic Defense ETF

Themes ETF Trust

Annual cost

0.35%

Fund size

$99M

ZFEB

Innovator Equity Defined Protection ETF - 1 Yr February

Innovator ETFs

Annual cost

0.79%

Fund size

$163M

Key differences

  • NATO costs 0.44% less per year.
  • NATO is classified as equity, while ZFEB is alternative — different risk/return profiles.
  • NATO follows a index tracking strategy; ZFEB uses structured outcome.

Side-by-side comparison

NATOZFEB
Annual cost (TER)0.35%0.79%
Fund size (AUM)$99M$163M
Since20242025
Dividend yield0.45%0.00%
Asset classequityalternative
Regionnorth america
Strategyindex trackingstructured outcome
CAGR 1Y+23.3%+8.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y20.70%2.23%
Max drawdown-15.99%-3.00%

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

Similar to NATO and ZFEB