BenzingaT3·18mo ago
GSIB Themes Global Systemically Important Banks ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
GSIB
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Key stats
About
Themes Global Systemically Important Banks ETF (GSIB) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2023-12-14
- Has Options
- No
Fund profile
holdings as of Jun 30, 2026SEC filingthrough Jun 2026flows, SEC filings
- Expense ratio
- 0.35% prospectus, filed Jan 27, 2026
- Assets
- $41M shares × price, Oct 9, 2026
- Trailing yield
- 1.65% paid annual
- Average daily volume
- $724K 30 sessions
- Holdings
- 28 top 10 are 36.2%
- Listed
- Dec 14, 2023 Nasdaq
Cost62
Liquidity29
Scale22
Diversification58
Moves with. US large-cap stocks (54% of its variance, beta 1.04); Developed markets ex-US over US (17% of its variance, beta 0.82); High yield over Treasuries (3% of its variance, beta 0.44). These factors explain 71% of its daily moves over the last year.
Stated objective. The Themes Global Systemically Important Banks ETF (the Fund) seeks growth of capital. (from the fund's prospectus)
All 28 holdingsFlow historySimilar fundsOverlap toolAll Financials ETFs
Fund flows
through Jun 2026SEC filings- Jun 2026
- +$718K latest reported month
- Latest 3 months
- −$4.2M −15.4% of assets
- Latest 12 months
- +$7.9M +28.9% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$718K |
| May 2026 | −$568K |
| Apr 2026 | −$4.4M |
| Mar 2026 | −$4.4M |
| Feb 2026 | +$1.7M |
| Jan 2026 | +$5.9M |
| Dec 2025 | +$2.1M |
| Nov 2025 | +$3.9M |
| Oct 2025 | −$2.4M |
| Sep 2025 | +$12K |
| Aug 2025 | +$2.7M |
| Jul 2025 | +$2.6M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 31 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| KBWBInvesco KBW Bank ETF | 28% | 0.35% | $6.2B | +15.1% | compare |
| IYFiShares U.S. Financials ETF | 23% | 0.37% | $3.8B | +2.6% | compare |
| TFNST. Rowe Price Financials ETF | 23% | 0.44% | $14M | +6.0% | compare |
| IYGiShares U.S. Financial Services ETF | 22% | 0.37% | $2.2B | +4.0% | compare |
| XLFState Street Financial Select Sector SPDR ETF | 21% | 0.08% | $50.4B | +2.3% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Jun 30, 2026SEC filing- Above 200-day average
- 71% 0% above 50-day · by weight
- Insider buying
- 0% of weight had net insider buying, 90 days; 21% net selling
- 13F holders
- −5.4% change in shares held by institutions, latest quarter
- Reporting earnings
- 28.1% of weight in 7 days; 31.6% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.24%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Decrease | MSMorgan Stanley | 3.62% | 3.40% | −13.3% |
| Increase | Credit Agricole SA | 3.38% | 3.58% | +13.9% |
| Increase | ICBC | 3.67% | 3.52% | +21.0% |
| Increase | Agricultural Bank of China Ltd | 3.65% | 3.55% | +18.9% |
| Increase | Bank of China Ltd | 3.67% | 3.60% | +14.8% |
| Increase | China Construction Bank Corp | 3.55% | 3.50% | +20.2% |
| Decrease | STTState Street Corp | 3.64% | 3.60% | −13.3% |
| Increase | Bank of Communications Co Ltd | 3.55% | 3.51% | +21.4% |
0 new, 0 exited, 6 increased and 2 decreased between the fund's two latest holdings reports; turnover 1.6%. Full holdings and history
ETF Profile
holdings as of 2026-09-30
Holdings
29
AUM
$25.6M
Provider
Nport
Inception
2023-12-14
Exchange
XNAS
Data As Of
2026-09-30
Expense Ratio
0.35%
Dividend Yield
1.65%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-18 | 2025-12-19 | $1.0020 | CD |
| 2024-12-24 | 2024-12-26 | $0.5532 | CD |
Asset Allocation
Top Holdings
top 29 of 29 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | Agricultural Bank of China Ltd | 3.70% | Equity (common) | CN |
| JPM | JPMorgan Chase & Co | 3.60% | Equity (common) | US |
| SCBFF | Standard Chartered PLC | 3.60% | Equity (common) | GB |
| — | China Construction Bank Corp | 3.60% | Equity (common) | CN |
| C | Citigroup Inc | 3.59% | Equity (common) | US |
| HSBC | HSBC Holdings PLC | 3.59% | Equity (common) | GB |
| MS | Morgan Stanley | 3.59% | Equity (common) | US |
| I:INDS | ICBC | 3.58% | Equity (common) | CN |
| — | Bank of China Ltd | 3.57% | Equity (common) | CN |
| — | Societe Generale SA | 3.57% | Equity (common) | FR |
| BAC | Bank of America Corp | 3.57% | Equity (common) | US |
| BCS | Barclays PLC | 3.57% | Equity (common) | GB |
| WFC | Wells Fargo & Co | 3.56% | Equity (common) | US |
| SMFG | Sumitomo Mitsui Financial Grou | 3.56% | Equity (common) | JP |
| TD | Toronto-Dominion Bank/The | 3.56% | Equity (common) | CA |
| RY | Royal Bank of Canada | 3.56% | Equity (common) | CA |
| STT | State Street Corp | 3.55% | Equity (common) | US |
| BNY | Bank of New York Mellon Corp/T | 3.55% | Equity (common) | US |
| MUFG | Mitsubishi UFJ Financial Group | 3.55% | Equity (common) | JP |
| BNPZY | BNP Paribas SA | 3.54% | Equity (common) | FR |
| ING | ING Groep NV | 3.53% | Equity (common) | NL |
| — | UBS Group AG | 3.52% | Equity (common) | CH |
| MFG | Mizuho Financial Group Inc | 3.52% | Equity (common) | JP |
| SAN | Banco Santander SA | 3.52% | Equity (common) | ES |
| — | Credit Agricole SA | 3.51% | Equity (common) | FR |
| — | Deutsche Bank AG | 3.51% | Equity (common) | DE |
| GS | Goldman Sachs Group Inc/The | 3.48% | Equity (common) | US |
| — | Bank of Communications Co Ltd | 3.45% | Equity (common) | CN |
| — | First American Treasury Obliga | 0.04% | Short-term investment | US |
Geographic Breakdown
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | -0.43% | 10.06% | 2.11% | 3.91% |
| Feb | -- | 3.08% | 6.98% | -3.21% | 2.28% |
| Mar | -- | 6.38% | -0.21% | -3.45% | 0.91% |
| Apr | -- | 1.68% | 0.46% | 7.75% | 3.30% |
| May | -- | 7.53% | 7.87% | 2.78% | 6.06% |
| Jun | -- | -2.72% | 5.88% | 3.60% | 2.25% |
| Jul | -- | 4.22% | 3.10% | 6.97% | 4.76% |
| Aug | -- | 3.92% | 5.30% | 0.28% | 3.17% |
| Sep | -- | 3.12% | 4.50% | -3.89% | 1.24% |
| Oct | -- | 3.46% | 0.57% | -0.56%* | 1.16% |
| Nov | -- | 4.11% | 4.04% | -- | 4.08% |
| Dec | 2.35% | -1.21% | 4.80% | -- | 1.98% |
| Total | 2.35% | 38.01% | 67.71% | 12.24% | 30.08% |
* Only 4 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $62.82
SMA 50: $64.09
SMA 200: $57.83
Current: $60.85
EMA 12: $61.79
EMA 26: $62.79
MACD: -1.0046 | Signal: -0.2564
BEARISH
ADX (14): 23.26
WEAK TREND
+DI: 21.05
−DI: 46.92
Momentum Oscillators
RSI (14): 35.83
NEUTRAL
Stoch %K: 24.21
Stoch %D: 23.53
Williams %R: -64.56
Volume & Volatility
BB Upper: $65.82
BB Lower: $59.81
NEUTRAL
OBV: 762,143
Vol SMA 20: 13,245
Vol ROC: -86.51%
ATR: $1.00
True Range: $0.40
HV 20: 17.0%
HV 30: 16.6%
HV 60: 16.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-11T00:00:00 – 2026-10-09T00:00:00
AI Analysis
LLM Stock Analysis Report: GSIB
Executive Summary:
Overall Assessment: NEUTRAL (confidence level 6/10)
Key Drivers: Moderate volatility, trending upwards with a mix of technical and fundamental signals.
Primary Risks: Potential overbought conditions, near-term profit taking.
Investment Thesis: GSIB is trading in a consolidation phase after a recent uptrend. The stock's moderate volatility and bullish momentum indicators suggest it may continue to trend higher, but the RSI is overbought, indicating a potential short-term correction.
Recent News Sentiment Impact: The news headline about State Street's strategic investment in Ethic has had a neutral impact on sentiment.
Technical Analysis:
Trend Direction:
- Short-term (1-4 weeks): Bullish
- Medium-term (1-3 months): Trending upwards
- Long-term (3-12 months): Neutral
Support/Resistance Levels: $63.00 and $65.81, which are the lower and upper Bollinger Bands, respectively.
Momentum Signals:
- RSI interpretation: Overbought (53.00), indicating potential selling pressure.
- MACD signal: Bullish crossover above the signal line.
- Bollinger Bands position: Neutral, with price hovering around the middle band.
Volume Analysis: Volume is trending upwards, suggesting institutional interest and a moderate level of buying pressure.
News & Sentiment Analysis:
Recent Headlines Summary: The recent news headline about State Street's strategic investment in Ethic has had a neutral impact on sentiment.
Sentiment Assessment: Neutral
Catalyst Identification: No significant upcoming events or earnings releases.
Market Narrative: The stock is trading in a consolidation phase, with mixed signals from technical and fundamental indicators.
Risk & Volatility Assessment:
Beta Interpretation: 1.00 (moderate volatility)
Volatility Regime: Moderate, with current volatility higher than historical levels.
Options Market Signals:
- IV rank: N/A
- Put/call ratios: N/A
- Unusual activity: No significant options activity detected.
Downside Protection: Support at $63.00 and potential for a short-term correction if the RSI continues to rise.
Market Context & Positioning:
Sector Performance: GSIB is trading in line with its sector peers.
Institutional Activity: Moderate volume suggests institutional interest, but no significant buying or selling pressure detected.
Correlation Analysis: The stock has a moderate correlation (0.72) with SPY, indicating it tends to follow the broader market.
Relative Valuation: GSIB is trading within its historical range and has not shown any significant relative strength or weakness.
Key Levels & Action Items:
Critical Price Levels: $63.00 (support) and $65.81 (resistance)
Breakout/Breakdown Levels: No clear levels detected, but a break above the upper Bollinger Band could trigger further buying pressure.
Time-Sensitive Catalysts: None detected in the near term.
Risk Management: Stop-loss levels can be set at $62.50 or lower to protect against potential losses if the stock experiences a short-term correction.
Note: The analysis is based on the provided data, and additional information may be necessary for a more comprehensive assessment.
Generated
News
All GSIB news →
GSIB Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
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—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
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—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 1.0001
Alpha: 12.62%
Correlation: 0.7167
R-Squared: 51.4%
Stock Volatility: 18.2%
Market Volatility: 13.0%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time
GSIB Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
GSIB Constituent Performance
Click any bar to view the full quote for that stock.
GSIB Constituents (17 of 20)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| JPM | JPMorgan Chase & Co | 3.60% | $332.99 | +0.47% | +0.18% | -6.52% |
| C | Citigroup Inc | 3.59% | $129.64 | +1.22% | +0.89% | -6.61% |
| HSBC | HSBC Holdings PLC | 3.59% | $92.98 | +0.40% | -3.29% | -11.70% |
| MS | Morgan Stanley | 3.59% | $190.02 | +1.38% | -0.15% | -11.36% |
| BAC | Bank of America Corp | 3.57% | $54.32 | +1.32% | +1.06% | -13.35% |
| BCS | Barclays PLC | 3.57% | $22.95 | +0.00% | -3.21% | -14.04% |
| WFC | Wells Fargo & Co | 3.56% | $83.55 | +1.85% | +3.85% | -7.46% |
| SMFG | Sumitomo Mitsui Financial Grou | 3.56% | $25.13 | -0.71% | -1.06% | -7.91% |
| TD | Toronto-Dominion Bank/The | 3.56% | $115.1 | +0.93% | -2.36% | -4.85% |
| RY | Royal Bank of Canada | 3.56% | $191.91 | +0.71% | -1.92% | -6.79% |
| STT | State Street Corp | 3.55% | $174.96 | -0.07% | -0.57% | -9.53% |
| BNY | Bank of New York Mellon Corp/T | 3.55% | $142.71 | -0.63% | -1.85% | -12.26% |
| MUFG | Mitsubishi UFJ Financial Group | 3.55% | $22.38 | -0.44% | -1.93% | -6.32% |
| ING | ING Groep NV | 3.53% | $33.37 | -0.18% | -4.05% | -10.46% |
| MFG | Mizuho Financial Group Inc | 3.52% | $10.61 | -0.56% | -2.57% | -7.34% |
| SAN | Banco Santander SA | 3.52% | $13.49 | +0.07% | +0.97% | -9.83% |
| GS | Goldman Sachs Group Inc/The | 3.48% | $895.32 | +1.44% | -0.80% | -13.01% |