GSIB vs. ABAT
GSIB (Themes Global Systemically Important Banks ETF) is Financials Equities fund actively managed by Themes, while ABAT (American Battery Technology Company Common Stock) is a stock. Over the past year, GSIB returned 49.09% vs -5.00% for ABAT. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
GSIB vs. ABAT - Performance Comparison
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Returns By Period
In the year-to-date period, GSIB achieves a 22.66% return, which is significantly higher than ABAT's -37.43% return.
GSIB
- 1D
- -0.11%
- 1M
- 6.55%
- 6M
- 18.14%
- YTD
- 22.66%
- 1Y
- 49.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.58%
ABAT
- 1D
- 2.45%
- 1M
- -25.62%
- 6M
- -48.27%
- YTD
- -37.43%
- 1Y
- -5.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -45.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.01M | $8.06M | $19.57M | |
| $2.37M | $1.31M | $753.15K |
GSIB vs. ABAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GSIB Themes Global Systemically Important Banks ETF | 22.66% | 61.67% | 32.86% | 1.75% |
ABAT American Battery Technology Company Common Stock | -37.43% | 35.77% | -47.55% | 0.64% |
Correlation
The correlation between GSIB and ABAT is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2023 | 0.24 |
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Return for Risk
GSIB vs. ABAT — Risk / Return Rank
GSIB
ABAT
GSIB vs. ABAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Global Systemically Important Banks ETF (GSIB) and American Battery Technology Company Common Stock (ABAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GSIB | ABAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.11 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | -0.05 | +3.43 |
| Martin ratioReturn relative to average drawdown | 11.87 | -0.06 | +11.93 |
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Drawdowns
GSIB vs. ABAT - Drawdown Comparison
The maximum GSIB drawdown since its inception was -17.71%, smaller than the maximum ABAT drawdown of -93.56%. Use the drawdown chart below to compare losses from any high point for GSIB and ABAT.
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Drawdown Indicators
| GSIB | ABAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.71% | -93.56% | +75.85% |
Max Drawdown (1Y)Largest decline over 1 year | -13.90% | -81.99% | +68.09% |
Current DrawdownCurrent decline from peak | -0.11% | -82.29% | +82.18% |
Average DrawdownAverage peak-to-trough decline | -1.99% | -77.67% | +75.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 60.96% | -57.01% |
Volatility
GSIB vs. ABAT - Volatility Comparison
The current volatility for Themes Global Systemically Important Banks ETF (GSIB) is 5.74%, while American Battery Technology Company Common Stock (ABAT) has a volatility of 18.32%. This indicates that GSIB experiences smaller price fluctuations and is considered to be less risky than ABAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSIB | ABAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 18.32% | -12.58% |
Volatility (6M)Calculated over the trailing 6-month period | 14.93% | 63.31% | -48.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.90% | 126.50% | -108.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.46% | 120.53% | -102.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.46% | 120.53% | -102.07% |
Dividends
GSIB vs. ABAT - Dividend Comparison
GSIB's dividend yield for the trailing twelve months is around 1.55%, while ABAT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ABAT American Battery Technology Company Common Stock | 0.00% | 0.00% | 0.00% |
GSIB Themes Global Systemically Important Banks ETF | 1.55% | 1.91% | 1.67% |
Frequently Asked Questions
GSIB and ABAT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABAT has higher volatility (18.32%) compared to GSIB (5.74%). In terms of maximum drawdown, GSIB dropped -17.71% vs ABAT's -93.56%.
GSIB currently has the higher Sharpe Ratio (2.63 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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