(NATO) Themes Transatlantic Defense - Overview

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: (N/A)

Etf: Aerospace, Defense, NATO, Headquartered, Securities

Total Rating 74
Risk 92
Buy Signal 0.33

Dividends

Dividend Yield 0.46%
Yield on Cost 5y 0.68%
Yield CAGR 5y 719.05%
Payout Consistency 83.3%
Payout Ratio -
Risk 5d forecast
Volatility 22.2%
Relative Tail Risk -6.75%
Reward TTM
Sharpe Ratio 2.01
Alpha 43.14
Character TTM
Beta 0.756
Beta Downside 0.731
Drawdowns 3y
Max DD 13.28%
CAGR/Max DD 3.54

Description: NATO Themes Transatlantic Defense December 30, 2025

The Themes Transatlantic Defense ETF (NASDAQ: NATO) tracks an index of aerospace and defense companies that are headquartered in NATO member nations. By law the fund must allocate at least 80 % of its net assets-plus any borrowing-to the index constituents, including their ADRs and GDRs, and it is classified as a non-diversified industrials ETF based in the United States.

Key industry drivers that could influence NATO’s performance include: (1) Global defense spending is projected to rise ~3 % YoY in 2025, with the United States alone budgeting roughly $800 billion, supporting revenue growth for large contractors. (2) NATO members are under pressure to meet the 2 % of GDP defense-spending target, which historically correlates with a 0.5 %-1 % annual uplift in sector earnings. (3) Commercial aerospace backlogs have reached about $1.2 trillion, providing a buffer against cyclical downturns for firms that split between military and civilian markets.

If you want granular valuation metrics and scenario analysis for the holdings, a quick look at ValueRay’s data tools could be a useful next step.

What is the price of NATO shares?

As of February 07, 2026, the stock is trading at USD 41.81 with a total of 19,107 shares traded.
Over the past week, the price has changed by +0.13%, over one month by +2.48%, over three months by +12.25% and over the past year by +58.45%.

Is NATO a buy, sell or hold?

Themes Transatlantic Defense has no consensus analysts rating.

What are the forecasts/targets for the NATO price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 51.6 23.5%

NATO Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 81.4m USD (81.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 81.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 81.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.70% (E(81.4m)/V(81.4m) * Re(8.70%) + (debt-free company))
Discount Rate = 8.70% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for NATO ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle