CANC
Tema Oncology ETF
CANC is actively managed, investing in stocks of companies focused on cancer treatment and management from issuers all around the world. The fund uses a bottom-up approach to select pioneering companies at perceived attractive valuations.
Global
EQUITY
Active
MANAGEMENT STYLE
43.1 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Fund sponsor | Dawn Global Topco Ltd. |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 15, 2023 |
| Assets (mns) | $43 |
| Expense ratio | 75 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ASTRAZENECA PLC | 5.6 % |
| GILEAD SCIENCES INC | 5.3 % |
| REGENERON PHARMACEUTICALS | 5.0 % |
| ARGENX SE ADR | 4.6 % |
| BLUEPRINT MEDICINES CORP. | 4.6 % |
| INCYTE CORP | 4.3 % |
| ILLUMINA INC | 4.2 % |
| REVOLUTION MEDICINES, INC. | 4.2 % |
| CHUGAI PHARMACEUTICAL CO LTD | 3.6 % |
| EXELIXIS INC | 3.6 % |
Constituent Breakdown
| Number of holdings | 47 |
| Herfindahl-Hirschman Index | 298 |
| Wgt avg mkt cap (mns) | $48,360 |
| Large cap (>$10bn) | 55.6% |
| Mid cap ($2-10bn) | 27.8% |
| Small cap (<$2bn) | 16.1% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 65.7 % |
 |
JAPAN | 6.6 % |
 |
BRITAIN | 6.3 % |
 |
NETHERLANDS | 5.9 % |
 |
SWITZERLAND | 4.4 % |
 |
GERMANY | 2.5 % |
 |
DENMARK | 2.5 % |
 |
CHINA | 2.3 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 5.7% | 16.2% | -- | -- | -- | -- | 17.4% | Volatility | 19.1% | 20.4% | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.17 | 51% |
| MSCI EAFE | 1.05 | 61% |
| MSCI Emg Mkts | 0.82 | 29% |
Liquidity Measures
| Avg. volume (000) | 6 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.34% |
| ADV of underlying (mns) | $6,342 |
Technical Indicators
| Recent close | $24.48 |
| 30d moving avg. | $26.85 |
| Annualized volatility | 19.6% |
| Relative strength (RSI) | 45 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CANC |
Expenses vs. CANC |
ALTAR Score™ vs. CANC |
|---|---|---|---|---|
| IDNA | iShares Genomics Immunology and Healthcare ETF | 32.9% | -28 bp | -0.6% |
| FBT | First Trust NYSE Arca Biotechnology Index Fund | 30.3% | -19 bp | +7.0% |
| IBB | iShares Biotechnology ETF | 29.0% | -30 bp | +4.1% |
| IBBQ | Invesco Nasdaq Biotechnology ETF | 27.7% | -56 bp | +4.8% |
| BBH | VanEck Biotech ETF | 27.7% | -40 bp | +9.6% |
| PBE | Invesco Biotechnology & Genome ETF | 27.4% | -17 bp | +1.4% |
| CNCR | Range Cancer Therapeutics ETF | 25.0% | +4 bp | +3.9% |
| XBI | SPDR S&P BIOTECH ETF | 23.9% | -40 bp | +0.5% |
| BBP | Virtus LifeSci Biotech Products ETF | 20.4% | +4 bp | +3.9% |
| WDNA | WisdomTree BioRevolution Fund | 18.4% | -30 bp | 0.0% |
Risk and Returns: CANC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/18/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
CANC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
CANC
-3.9%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 375 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. CANC's ALTAR Score™ is approximately
1.7 standard deviations
below
the category average. This places CANC in the 5th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
CANCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 118 |
| Avg. Expense Ratio | 73.5 bp |
| Std. Deviation | 29.8 bp |
| CANC (75 bp) Percentile rank | 55 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| CANC | 75.0 | 34.1 | 109.1 |
| Peer Avg. | 74.2 | 38.8 | 113.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .