Performance analysis of AIRL (Themes Airlines ETF)
Annual Return
Since Dec 8, 2023, AIRL has had an average annual return of +14.55%, underperforming the benchmark SPY, which returned +23.89% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0% | +15.46% | +17% | +3.74% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0% | +0% | +0% | +0% | +0% | +0% | |||||||
| 2025 | +2.55% | -1.37% | -10.64% | +0.82% | +16.03% | -0.73% | +3.09% | +8.95% | -2.06% | +15.46% | |||
| 2024 | -3.70% | +2.83% | +3.68% | -5.12% | -0.20% | -2.97% | -1.65% | +0.60% | +10.23% | +2.99% | +7.95% | +2.28% | +17% |
| 2023 | +3.74% | +3.74% |
Drawdown analysis of AIRL (Themes Airlines ETF)
The maximum drawdown for the AIRL was -23.91%, occurring on Apr 8, 2025. Recovery took 33 trading sessions.
The current AIRL drawdown is -2.83%.
Since Dec 8, 2023 AIRL has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.91% | Feb 7, 2025 | 41 | Apr 8, 2025 | 33 | May 27, 2025 | 74 |
| -18.66% | Mar 28, 2024 | 88 | Aug 5, 2024 | 37 | Sep 26, 2024 | 125 |
| -9.99% | Dec 22, 2023 | 15 | Jan 17, 2024 | 49 | Mar 27, 2024 | 64 |
| -8.12% | Jun 2, 2025 | 13 | Jun 20, 2025 | 8 | Jul 2, 2025 | 21 |
| -5.41% | Jul 23, 2025 | 7 | Aug 1, 2025 | 7 | Aug 12, 2025 | 14 |
| -5.18% | Sep 27, 2024 | 4 | Oct 3, 2024 | 9 | Oct 16, 2024 | 13 |
| -4.76% | Dec 11, 2024 | 5 | Dec 18, 2024 | 20 | Jan 21, 2025 | 25 |
| -3.01% | Aug 22, 2025 | 11 | Sep 9, 2025 | Ongoing | Ongoing | Ongoing |
| -2.90% | Jan 27, 2025 | 5 | Feb 3, 2025 | 3 | Feb 6, 2025 | 8 |
| -2.39% | Aug 19, 2025 | 2 | Aug 21, 2025 | 1 | Aug 22, 2025 | 3 |
| -2.30% | Nov 15, 2024 | 4 | Nov 21, 2024 | 5 | Nov 29, 2024 | 9 |
| -2.23% | Jul 10, 2025 | 3 | Jul 15, 2025 | 6 | Jul 23, 2025 | 9 |
| -1.92% | Oct 28, 2024 | 3 | Oct 31, 2024 | 3 | Nov 5, 2024 | 6 |
| -1.16% | Dec 19, 2023 | 1 | Dec 20, 2023 | 1 | Dec 21, 2023 | 2 |
| -1.13% | Nov 11, 2024 | 1 | Nov 12, 2024 | 3 | Nov 15, 2024 | 4 |
| -1.11% | Dec 5, 2024 | 2 | Dec 9, 2024 | 2 | Dec 11, 2024 | 4 |
| -1.05% | Oct 18, 2024 | 3 | Oct 23, 2024 | 3 | Oct 28, 2024 | 6 |
| -1.04% | Jan 21, 2025 | 2 | Jan 23, 2025 | 2 | Jan 27, 2025 | 4 |
| -0.92% | Aug 13, 2025 | 1 | Aug 14, 2025 | 1 | Aug 15, 2025 | 2 |
| -0.77% | Dec 14, 2023 | 2 | Dec 18, 2023 | 1 | Dec 19, 2023 | 3 |
| -0.48% | Jul 3, 2025 | 1 | Jul 7, 2025 | 1 | Jul 8, 2025 | 2 |
| -0.46% | Dec 8, 2023 | 1 | Dec 11, 2023 | 1 | Dec 12, 2023 | 2 |
| -0.37% | Nov 29, 2024 | 1 | Dec 2, 2024 | 2 | Dec 4, 2024 | 3 |
| -0.24% | Aug 15, 2025 | 1 | Aug 18, 2025 | 1 | Aug 19, 2025 | 2 |
| -0.16% | May 27, 2025 | 1 | May 28, 2025 | 1 | May 29, 2025 | 2 |