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LUX Luxury ETF

Compelling luxury goods industry opportunities

5 Reasons to Consider

Timeless Aspirational Moats icon

Timeless Aspirational Moats

Luxury brands have a timeless and aspirational appeal to consumers, creating heritage-based moats and allowing them to travel easily
Pricing Power icon

Pricing Power

Luxury brands can be characterized as exhibiting superior pricing power evidenced by consistent organic growth and strong gross margins (~70%)
Underpenetration icon


Luxury brands benefit from strong volume growth drivers across different underpenetrated verticals including geographies (emerging markets), demographics (gen-Z), channels (e-commerce) and sustainability (ESG)
Defensive Nature icon

Defensive Nature

Luxury markets historically exhibit only mild cyclicality, supported by the affluence of typical luxury consumers combined with the aspirational and unique nature of the product or service
Quality icon


The luxury sector differentiates itself in quality products and quality business characteristics, such as operating margins and high returns on capital

Fund Overview

Fund Details

As of December 1, 2023
  • Primary Exchange NYSE
  • Ticker LUX
  • Cusip 87975E305
  • Median Bid/Ask Spread (30 Day) 0.56%
  • Fund Inception Date May 10, 2023
  • Gross Expense Ratio 0.99%
  • Net Expense Ratio 0.75%
  • Shares Outstanding 330,000
  • Number of Holdings 29
  • Investment Adviser Tema Global Limited
  • Sub-Investment Adviser NEOS Investments, LLC
  • Distributor Foreside Fund Services, LLC
  • Portfolio Manager Javier G. Lastra, CFA
*Contractual expense cap for net expense ratio of 0.75% is in effect through 06/30/2024

Fund Summary

The actively managed Tema Luxury ETF seeks to provide long-term growth by investing in companies operating in the luxury industry. These companies typically have dominant growing brands with aspirational timeless qualities leading to resilient business fundamentals. The universe of luxury spans fashion items, accessories, automobiles, hospitality and beauty.

Fund Insights & Media

Luxury Investor Deck Featured Image

Luxury Investor Deck

Introducing LUX Featured Image

Introducing LUX

Webinar replay - Luxury: resilience, growth, and valuation opportunity? Featured Image

Webinar replay - Luxury: resilience, growth, and valuation opportunity?

Luxury Infographic Featured Image

Luxury Infographic

Portfolio Breakdown

Top 10 holdings

As of December 1, 2023
  • Company% Nav

Country Breakdown

Industry Breakdown

Prices & Performance

Monthly Quarterly


3 months


1 Year

3 Years

5 Years

Since Inception

-4.08% -12.92%
-9.00% -12.18%
Market Price
-4.45% -13.28%
-8.84% -12.01%

As of November 30, 2023September 30, 2023

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Returns for periods of less than one year are not annualized.

The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.


LUX Nav/Market Price

Market Price$22.96
NAV Change (1D)$0.09
Market Price Change (1D)$0.17
Median Bid/Ask Spread (30 Day)0.56%




Ex Date

Record Date

Pay Date



Table Chart

Days Traded at Nav

Days Traded at Premium

Days Traded at Discount


How to Buy