{
 "ticker": "THMZ",
 "name": "Lazard Equity Megatrends ETF",
 "issuer": "Lazard",
 "desk": "themes",
 "url": "https://etfiq.com/funds/thmz",
 "html": "https://etfiq.com/funds/thmz",
 "markdown": "https://etfiq.com/funds/thmz.md",
 "as_of": "2026-09-11",
 "verdict": "THMZ holds 59 stocks, and 45% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "55.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "THMZ, already in the S&P 500: 55.2%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "73.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "THMZ, active share vs the S&P 500: 73.1%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "35.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "THMZ, top ten holdings: 35.2%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+9.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "THMZ, total return, 1 year: +9.7%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$54m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "THMZ, net assets: $54m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Apr 23, 2026",
   "as_of": "2026-09-11",
   "sentence": "THMZ, expense ratio: 0.50% (485BPOS XBRL, Apr 23, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Broad innovation and megatrends",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 7, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "55.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "73.1%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "30.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "76.4%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "35.2%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "59",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Taiwan Semiconductor Manufacturing Co Ltd 6.2%, Applied Materials Inc 5.7%, Alphabet Inc 3.6%, Amazon.com Inc 3.6%, Microsoft Corp 2.8%, NVIDIA Corp 2.8%, Mitsubishi Electric Corp 2.8%, Keysight Technologies Inc 2.7%, FANUC Corp 2.5%, Siemens AG 2.4%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$54m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22122.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Apr 23, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.68%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "WUGI 33%, TNXT 28%, ALAI 28%, USNZ 27%, IVES 27%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+4.4%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+1.1 pts",
   "Gap to Nasdaq-100": "+5.2 pts"
  },
  {
   "window": "6 months",
   "Total return": "+15.9%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u22120.1 pts",
   "Gap to Nasdaq-100": "\u22124.8 pts"
  },
  {
   "window": "1 year",
   "Total return": "+9.7%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u22127.8 pts",
   "Gap to Nasdaq-100": "\u221213.3 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+38.7%",
   "S&P 500": "+53.7%",
   "Gap to S&P 500": "\u221215.0 pts",
   "Gap to Nasdaq-100": "\u221231.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of THMZ is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 55% of THMZ by weight is stocks the S&P 500 already holds. Its active share against the index is 73%, so that share is the part doing something different."
  },
  {
   "q": "What does THMZ hold?",
   "a": "59 positions as filed for Jun 30, 2026, with the top ten at 35% of the fund. The largest are Taiwan Semiconductor Manufacturing Co Ltd at 6.2%, Applied Materials Inc at 5.7%, Alphabet Inc at 3.6%."
  },
  {
   "q": "Has THMZ beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 THMZ returned +9.7% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 7.8 points."
  },
  {
   "q": "What does THMZ cost?",
   "a": "The prospectus expense ratio is 0.50% a year. Because 73% of the fund differs from the S&P 500, the fee on that differing part works out at 0.68%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}