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Themes ETF Trust proxy voting record, 2025-2026

Themes ETF Trust reported 10,244 proxy votes on Form N-PX for the 2026 season. On the 8,088 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 90.8% of the time. On the 151 environmental and social proposals put on the ballot by shareholders, it voted FOR 11.9% of the time.

2025-2026

On the board’s own proposals

90.8% FOR of 8,088 fund votes on board proposals in 2025-2026: directors, pay, auditor, capital.

FOR 7,341 AGAINST 579 Abstained or withheld 168

How we count these

On proposals shareholders put on the ballot

11.9% FOR of 151 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 150.

FOR 18 AGAINST 133 Abstained 0

See the 18 it backed →

How we count these

By proposal type

A single “voted with management” figure makes every manager look the same: director elections are most of the volume and nearly everyone votes FOR them. The record is therefore reported per category, using the category the filer itself put on each item in its N-PX.

Themes ETF Trust, 2025-2026. “Decided” is FOR + AGAINST, the denominator of the two percentage columns; abstentions and withheld votes are shown separately and are never inside a percentage. Counted in ballot items — one fund’s vote on one proposal at one meeting — never in shares.
Proposal typePut on the ballot by ItemsDecided Voted FORVoted AGAINST Abstained / withheld
Director Elections Board (36 inferred) 5,188 4,986 96.9% 3.1% 173
Corporate Governance Board 1,011 1,011 85.9% 14.1% 0
Corporate Governance Shareholders 157 157 55.4% 44.6% 0
Compensation Board (15 inferred) 888 883 76.3% 23.7% 5
Compensation Shareholders 14 12 8.3% 91.7% 0
Audit-related Board 764 764 98.2% 1.8% 0
Capital Structure Board 710 710 87.0% 13.0% 0
Capital Structure Shareholders 9 9 88.9% 11.1% 0
Say-on-Pay Board 546 506 87.4% 12.6% 0
Other Social Issues Board 23 23 100.0% 0.0% 0
Other Social Issues Shareholders 117 116 9.5% 90.5% 0
Extraordinary Transactions Board 120 120 59.2% 40.8% 0
Extraordinary Transactions Shareholders 1 1 0.0% 100.0% 0
Environment or Climate Board 11 11 100.0% 0.0% 0
Environment or Climate Shareholders 82 82 2.4% 97.6% 0
Diversity, Equity, and Inclusion Board 9 9 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 39 39 0.0% 100.0% 0
Shareholder Rights and Defenses Board 31 31 90.3% 9.7% 0
Shareholder Rights and Defenses Shareholders 14 14 78.6% 21.4% 0
Human Rights or Human Capital/workforce Board 9 9 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 33 33 18.2% 81.8% 0
Other Board 17 17 94.1% 5.9% 0
Other Shareholders 11 11 81.8% 18.2% 0
Investment Company Matters Shareholders 2 2 100.0% 0.0% 0

An item the filer put in two categories is counted in both rows, so the rows add up to more than the total. Who put an item on the ballot is decided item by item: the filer’s own answer on Form N-PX (Item 1(h)), or, where the filing does not give one, the proposal’s own wording (51 items, shown as inferred). The two figures above use only part of these rows: the board figure, board proposals on directors, pay, the auditor, capital, transactions and fund matters; the shareholder figure, environmental, social, workforce and diversity shareholder proposals at US-listed companies. How we count these

Every proposal where Themes ETF Trust broke with the board (675 distinct proposals) →

What is being counted

The unit is a fund-level observation: one fund’s vote on one proposal at one meeting. It is not a share, not a filing line and not a proposal.
Themes ETF Trust filed 10,244 vote records for 2025-2026; after removing votes filed twice in different N-PX filings, that is 9,502 ballot items (fund-level observations) across 734 issuer names and 19 funds. They cover 8,497 distinct proposals: one proposal voted by twenty of its funds is twenty ballot items here and one proposal. Proposals are counted per issuer name and meeting, and wordings of the same director nominee are counted once; two different wordings of any other proposal count twice, so this is an upper bound. A fund that reported several directions for the same item is a split vote, counted on its own (see the table below) and not collapsed into the larger direction. “Issuer names” is literal: filers spell the same company several ways and those are counted separately here, so this runs higher than the number of distinct companies.
Share counts are not used anywhere on this page.
Share figures in N-PX carry their own long list of corrections in this dataset, and a share-weighted rate would inherit every one of them. Every percentage here is a count of items.
Abstentions are reported, never hidden inside a percentage.
On the board’s own proposals an abstention or a withheld vote is not support, so it is in the denominator of the FOR figure and not in its numerator. On shareholder proposals an abstention is neither support nor opposition, so it is excluded from the denominator and shown on its own.
72 items are outside both headline figures.
Besides the table rows neither figure uses:
ExcludedItemsWhy
Not voted0 Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count.
Other ballot type40 Frequency ballots (one / two / three years) and anything else that is not a FOR, AGAINST, abstention or withhold.
Direction indeterminate0 The fund reported several directions for one ballot item with no shares attached to any of them, so which way it voted cannot be established.
Split vote32 The fund voted its shares in more than one direction on the item (for example some FOR and some AGAINST), the smaller part at least 5% of its shares. It is not collapsed into the larger part.

About this page

Every figure is derived from Form N-PX, the filing in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes). Figures are rebuilt weekly; this page was built on October 13, 2026. The interactive database shows the same votes company by company, including every individual fund.

Themes ETF Trust proxy season coverage: 2025-2026 (this page).