WISE: THEMES GENERATIVE ARTIFICIAL INTELLIGENCE ETF
What this ETF is trying to do
The Themes Generative Artificial Intelligence ETF (WISE) focuses on companies involved in generative AI. It holds a variety of stocks, including well-known tech companies and smaller AI-focused firms. As of October 7, 2026, some of its top holdings include Advanced Micro Devices (9.83%), Snowflake Inc (7.13%), and NVIDIA Corp (5.51%).
What the numbers show
The current price of the ETF is $35.43. Looking at the performance data:
• Year-to-Date (YTD): The price return is -9.07%. The total return is also -9.07%.
• One-Year Performance: The price return is -22.40%. The total return is -19.13%.
Price return only measures the change in the share price. Total return is a different measure that includes distributions.
To put the one-year price return in perspective, if you had invested $10,000 in this ETF based on the estimated price from roughly one year ago ($45.66), your investment would be worth approximately $7,760 based on the price change alone.
Income and distribution explanation
This ETF has a distribution yield of approximately 4.53%. Over the last 12 months, it has made one payout totaling $1.61 per share. The distribution frequency is described as irregular or less frequent.
It is important for new investors to remember that a high distribution yield alone can be misleading. While distributions provide cash income, they do not guarantee that the original money you invested (the principal) will stay the same or grow.
NAV erosion explanation
"NAV erosion" happens when the value of the assets inside an ETF declines over time. StockValueFinder uses an erosion-risk score to measure this risk.
This ETF has an erosion score of 55, which is labeled as "Moderate price erosion." While the severe erosion-risk flag is false, the moderate label suggests some price deterioration has been detected.
Pros
• Provides exposure to a wide range of AI companies, from giants like Amazon and Alphabet to smaller specialized firms.
• Offers a distribution yield for investors seeking some cash income.
Cons
• The share price has declined significantly over the last year.
• The total return for the year is negative.
• Distributions are irregular rather than steady.
Beginner takeaway
The WISE ETF allows investors to put money into the AI sector. However, the data shows a recent decline in share price and a "moderate" erosion-risk score. This highlights why income investors care about principal stability: earning a distribution yield is less helpful if the share price is falling at the same time.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ADVANCED MICRO DEVICES INC | AMD | 9.83% |
| 2 | SNOWFLAKE INC ORDINARY SHARES | SNOW | 7.13% |
| 3 | NVIDIA CORP | NVDA | 5.51% |
| 4 | PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A | PLTR | 5.39% |
| 5 | INFORMATION SERVICES GROUP INC | III | 4.56% |
| 6 | GORILLA TECHNOLOGY GROUP INC | GRRR | 4.41% |
| 7 | QUICKLOGIC CORP | QUIK | 4.30% |
| 8 | AMAZON.COM INC | AMZN | 4.01% |
| 9 | SOUNDHOUND AI INC ORDINARY SHARES CLASS A | SOUN | 3.93% |
| 10 | BROADCOM INC | AVGO | 3.68% |