# Portfolio overlap — MADE vs NATO

Comparing **iShares U.S. Manufacturing ETF** (2026-03-31) and **Themes Transatlantic Defense ETF** (2026-03-31).

- Shared positions: 24
- iShares U.S. Manufacturing ETF covered by Themes Transatlantic Defense ETF: 0.1899119171276170574459500033
- Themes Transatlantic Defense ETF covered by iShares U.S. Manufacturing ETF: 0.1899119171276170574459500033

## iShares U.S. Manufacturing ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| EATON CORP PLC | 0.041222 |  |
| CATERPILLAR INC | 0.041051 |  |
| DEERE & CO | 0.038878 |  |
| HONEYWELL INTL INC | 0.038711 | ✓ |
| AMPHENOL CORPORATION CL A | 0.038507 |  |
| CUMMINS INC | 0.038350 |  |
| VERTIV HOLDINGS CO | 0.038055 |  |
| PARKER HANNIFIN CORP | 0.035484 |  |
| GENERAL MOTORS CO | 0.034749 |  |
| RTX CORP | 0.033746 | ✓ |
| TE CONNECTIVITY | 0.031649 |  |
| PACCAR INC | 0.031312 |  |
| TRANE TECHNOLOGI | 0.028960 |  |
| AMETEK INC NEW | 0.025458 |  |
| JOHNSON CONTROLS | 0.025169 |  |
| FORD MOTOR CO | 0.023333 |  |
| COHERENT CORP | 0.023044 |  |
| ROCKWELL AUTOMATION INC | 0.020810 |  |
| BOEING CO/THE | 0.020374 | ✓ |
| LOCKHEED MARTIN CORP | 0.015958 | ✓ |
| TELEDYNE TECHNOLOGIES INC | 0.014657 | ✓ |
| DOVER CORP | 0.014507 |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares | 0.014075 |  |
| CARRIER GLOBAL CORP | 0.013892 |  |
| BLOOM ENERGY CORP CL A | 0.013884 |  |
| NORTHROP GRUMMAN CORP | 0.011874 | ✓ |
| GENERAL DYNAMICS CORPORATION | 0.011354 | ✓ |
| HUBBELL INC | 0.010356 |  |
| SNAP-ON INCORPORATED | 0.009725 |  |
| FABRINET | 0.009644 |  |
| XYLEM INC | 0.009142 |  |
| FORTIVE CORP | 0.008939 |  |
| TRANSDIGM GROUP INC | 0.008525 | ✓ |
| L3HARRIS TECHNOLOGIES INC | 0.008404 | ✓ |
| FIRST SOLAR INC | 0.008402 |  |
| NVENT ELECTRIC | 0.007575 |  |
| NEXTRACKER INC CL A | 0.007107 |  |
| LINCOLN ELECTRIC HLDGS INC | 0.007073 |  |
| RIVIAN AUTOMOTIVE INC | 0.006340 |  |
| ADV ENERGY INDS | 0.006286 |  |
| STANLEY BLACK and DECKER INC | 0.005678 |  |
| TTM TECHNOLOGIES INC | 0.005195 |  |
| ALLISON TRANSMISSION HLDGS INC | 0.005027 |  |
| REGAL REXNORD CORP | 0.004937 |  |
| OSHKOSH CORP | 0.004803 |  |
| TORO CO | 0.004700 |  |
| LENNOX INTL INC | 0.004654 |  |
| GENERAC HOLDINGS INC | 0.004551 |  |
| PENTAIR PLC | 0.004477 |  |
| GRACO INC | 0.004408 |  |

## Themes Transatlantic Defense ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| RTX CORP | 0.087611 | ✓ |
| GENERAL ELECTRIC CO | 0.074029 |  |
| BOEING CO/THE | 0.070159 | ✓ |
| ROLLS-ROYCE HOLDINGS PLC | 0.058727 |  |
| LOCKHEED MARTIN CORP | 0.057670 | ✓ |
| HONEYWELL INTL INC | 0.053931 | ✓ |
| SAFRAN SA | 0.052413 |  |
| Airbus SE | 0.050814 |  |
| NORTHROP GRUMMAN CORP | 0.047194 | ✓ |
| HOWMET AEROSPACE INC | 0.044519 |  |
| BAE SYSTEMS PLC | 0.042567 |  |
| RHEINMETALL AG | 0.037062 |  |
| GENERAL DYNAMICS CORPORATION | 0.036840 | ✓ |
| L3HARRIS TECHNOLOGIES INC | 0.031327 | ✓ |
| TRANSDIGM GROUP INC | 0.030960 | ✓ |
| ROCKET LAB CORP | 0.015185 | ✓ |
| AXON ENTERPRISE INC | 0.015119 | ✓ |
| TELEDYNE TECHNOLOGIES INC | 0.013632 | ✓ |
| LEONARDO SPA | 0.012791 |  |
| CURTISS WRIGHT CORPORATION | 0.012371 | ✓ |
| THALES SA | 0.012218 |  |
| FTAI AVIATION LTD | 0.012065 |  |
| SAAB AB-B | 0.009519 |  |
| MTU AERO ENGINES | 0.009329 |  |
| BWX TECHNOLOGIES INC | 0.009115 | ✓ |
| TEXTRON INC | 0.007621 | ✓ |
| BOMBARDIER INC-B | 0.007417 |  |
| HUNTINGTON INGALLS INDUSTRIES INC | 0.007023 | ✓ |
| KRATOS DEFENSE and SEC SOLTN INC | 0.005665 | ✓ |
| HEICO CORP | 0.005403 | ✓ |
| FIRST AM-TR OB-X | 0.004490 |  |
| ASELSAN | 0.004101 |  |
| MELROSE INDUSTRI | 0.004054 |  |
| CRANE CO | 0.004002 | ✓ |
| MOOG INC-CLASS A | 0.003936 | ✓ |
| DASSAULT AVIATION SA | 0.003119 |  |
| HEXCEL CORPORATION | 0.003046 |  |
| KARMAN HOLDINGS INC | 0.002953 | ✓ |
| AEROVIRONMENT INC | 0.002645 |  |
| HENSOLDT AG | 0.002623 |  |
| RENK GROUP AG | 0.002299 |  |
| MIRION TECHNOLOGIES INC-A | 0.002140 |  |
| JOBY AVIATION INC | 0.002077 |  |
| AAR CORP | 0.002031 |  |
| OSI SYSTEMS INC | 0.002015 |  |
| MERCURY SYSTEMS INC | 0.001812 | ✓ |
| AMENTUM HOLDINGS INC | 0.001782 | ✓ |
| QINETIQ GROUP PLC COMMON STOCK | 0.001389 |  |
| ARCHER AVIATION INC A | 0.001327 |  |
| SATELLOGIC INC-A | 0.001190 |  |


## Sources

- N-PORT (fund A) — accession `0001004726-26-003729` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000100472626003729/0001004726-26-003729-index.htm>
- N-PORT (fund B) — accession `0000894189-26-015965` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1976322/000089418926015965/0000894189-26-015965-index.htm>

---

_Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._

_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

_Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See <https://fundwatcher.app/terms/>_