NATO - Themes ETF Trust - Themes Transatlantic Defense ETF
NATO is a passively managed stock portfolio of transatlantic defense companies. Companies must have the FactSet industry classification of Aerospace and Defense and be headquartered in a country that is a member of the North Atlantic Treaty Organization (NATO) for at least three months. All companies meeting these criteria are selected for the portfolio.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $91.3M
- Beta
- 0.71
- 52-Week Range
- 35-44.39
- Dividend Yield
- $0.17
- IPO Date
- Oct 11, 2024
- Exchange
- NASDAQ
NATO Options Snapshot
Options pricing data for NATO is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The NATO overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
NATO fund facts: expense ratio 0.35%, assets under management $89.0M, NAV $35.90 as of the data source's update on Oct 8, 2026, 99 holdings in its latest file, launched Oct 11, 2024, issued by Themes. See the NATO holdings.
Frequently asked NATO overview questions
- What is NATO?
- NATO is the ticker symbol for Themes ETF Trust - Themes Transatlantic Defense ETF, an listed exchange-traded fund. NATO is a passively managed stock portfolio of transatlantic defense companies. Companies must have the FactSet industry classification of Aerospace and Defense and be headquartered in a country that is a member of the North Atlantic Treaty Organization (NATO) for at least three months. Listed on NASDAQ. NATO is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are NATO's key statistics?
- Themes ETF Trust - Themes Transatlantic Defense ETF (NATO) carries a market capitalization of $91.3M, 52-week range of 35-44.39. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does NATO belong to?
- Themes ETF Trust - Themes Transatlantic Defense ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare NATO's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the NATO data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for NATO, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.