NATO:NASDAQThemes Transatlantic Defense ETF analysis
Data as of Sep 9, 2026 - not real-time
- Latest price
- $38.24
- Risk: medium
- 5/10Medium risk
Summary
Themes Transatlantic Defense ETF trades at $38.24, with its moving averages tangled rather than clearly stacked — a neutral trend structure. The last 30 days have lost 8.8%. RSI sits at 27.7, which reads as oversold, and MACD momentum is bearish. Recent trading has carved out support near $38.24 and resistance around $44.00.
The 0.35% expense ratio is competitive for its category, and the fund manages $99.9M in assets.
Risk scores 5 out of 10, which is moderate for this asset class. With 30-day volatility of 19.9%, a beta of 1.05 and a maximum drawdown of 16.0%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
All three time horizons resolve to hold, carrying 3/10 conviction.
The 0.35% expense ratio is competitive for its category, and the fund manages $99.9M in assets.
Risk scores 5 out of 10, which is moderate for this asset class. With 30-day volatility of 19.9%, a beta of 1.05 and a maximum drawdown of 16.0%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
All three time horizons resolve to hold, carrying 3/10 conviction.
Market outlook
Short term
< 1 yearNeutral
Model confidence4/104 out of 10
Key factors
- RSI at 27.7 signals oversold conditions
- Trading below the 200-day average of 40.28
- MACD momentum is negative
Medium term
1–3 yearsNeutral
Model confidence4/104 out of 10
Key factors
- RSI at 27.7 signals oversold conditions
- Trading below the 200-day average of 40.28
- MACD momentum is negative
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Thin trading liquidity raises execution risk
- RSI at 27.7 signals oversold conditions
- 30-day volatility of 19.9%
Key metrics
Fund metrics
Expense Ratio0.35%
AUM$99.9M
Inception Date2024-10-10
Avg Daily Volume39,140
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.43%
Technical analysis
TrendNeutral
RSI27.7
Support$38.24
Resistance$44.00
MA 20$41.08
MA 50$41.19
MA 200$40.28
MACDBearish
VolumeIncreasing
Fear & Greed Index92.04
Risk assessment
Beta1.05
Volatility19.87%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.