Weekly Channel Summary
The EQ: Thematic ETF channel encompasses 105 issuers offering 408 ETFs, accounting for $310B in total Assets Under Management. Over the past week, the space saw net inflows of $1.54B, bringing the Year-to-Date (YTD) total to $22.27B and the 1-Year trailing flow to a robust $71.21B.
This Week’s Performance Leaders and Laggards
Midstream & MLPs led thematic category performance this week, returning 0.80% Week-to-Date (WTD) and continuing a strong year with a 17.75% YTD gain. Alternative Equity also remained resilient in positive territory with a 0.78% WTD return. Conversely, the Precious Metals category lagged significantly, shedding -14.95% over the past week, compounding its -6.35% YTD decline.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Midstream & MLPs | 0.80% | 2.72% | 19.59% | 19.43% | 17.75% | 14.55% |
| Alternative Equity | 0.78% | -7.44% | -14.76% | -18.15% | -15.52% | -14.92% |
| Disruptive Tech | -1.29% | -2.96% | -6.11% | -8.41% | -6.03% | 19.76% |
| Thematic – Multi-Sector | -1.39% | -5.61% | -5.64% | -5.89% | -5.12% | 20.56% |
| Sustainability | -1.61% | -5.77% | 5.18% | 12.85% | 5.87% | 46.59% |
| Health Innovation | -1.71% | -7.36% | -7.08% | 10.06% | -6.54% | 20.59% |
| FinTech | -1.94% | -1.78% | -13.22% | -23.37% | -9.39% | 27.06% |
| Industrial Revolution | -2.01% | -6.98% | 3.59% | 5.73% | 3.17% | 35.98% |
| Infrastructure | -2.06% | -5.99% | 8.04% | 10.39% | 7.71% | 29.52% |
| Evolving Consumer | -3.24% | -7.35% | -15.17% | -19.57% | -14.24% | 4.01% |
| Natural Resources | -5.66% | -11.07% | 5.30% | 16.99% | 3.60% | 46.63% |
| Precious Metals | -14.95% | -24.79% | -6.46% | 21.15% | -6.35% | 94.81% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at individual funds, the WHITEWOLF Publicly Listed Private Equity ETF (LBO) took the top spot with a 2.16% weekly return. On the downside, silver-focused funds felt the most pressure, with the Sprott Silver Miners & Physical Silver ETF (SLVR) and the Amplify Junior Silver Miners ETF (SILJ) plunging -18.49% and -16.28%, respectively.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| LBO | WHITEWOLF Publicly Listed Private Equity ETF | 2.16% |
| USNG | Amplify Samsung U.S. Natural Gas Infrastructure ETF | 2.09% |
| GTEK | Goldman Sachs Future Tech Leaders Equity ETF | 1.97% |
| USAI | Pacer American Energy Infrastructure ETF | 1.94% |
| PBDC | Putnam BDC Income ETF | 1.90% |
| Bottom Performers | ||
| Ticker | Fund Name | WTD Performance |
| SLVR | Sprott Silver Miners & Physical Silver ETF | -18.49% |
| SILJ | Amplify Junior Silver Miners ETF | -16.28% |
| SIL | Global X Silver Miners ETF | -15.83% |
| GDXJ | VanEck Junior Gold Miners ETF | -15.18% |
| GOAU | U.S. Global GO GOLD and Precious Metal Miners ETF | -15.05% |
Analyzing the Weekly Flows
Thematic ETFs captured $1.54B in net new assets over the last five days. The Infrastructure category was the biggest winner, hauling in $650M to push its AUM to $51.3B. Disruptive Tech also saw heavy interest, adding $545M. Meanwhile, the Thematic Precious Metals category experienced the heaviest redemptions, bleeding -$1,277M as investors took risk off the table in the space.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Infrastructure | 42 | $51.3B | $650M | $2,172M | $6,311M | $5,997M | $15,482M |
| Disruptive Tech | 63 | $52.9B | $545M | $813M | $1,758M | $2,086M | $20,291M |
| Evolving Consumer | 45 | $12.6B | $529M | -$803M | -$1,222M | -$1,042M | -$1,737M |
| Natural Resources | 56 | $55.7B | $442M | $1,904M | $10,483M | $9,246M | $15,063M |
| Industrial Revolution | 39 | $20.8B | $398M | $1,277M | $4,314M | $4,002M | $8,825M |
| Midstream & MLPs | 17 | $25.3B | $150M | $384M | $761M | $705M | $1,718M |
| Thematic Multi-Sector | 45 | $26.0B | $95M | $48M | -$502M | $32M | $7,068M |
| Sustainability | 27 | $7.5B | $30M | -$48M | $392M | $397M | $1,019M |
| Alternative Equity | 9 | $2.1B | $1M | $31M | -$22M | $22M | $615M |
| Health Innovation | 23 | $2.1B | -$7M | -$67M | $82M | $66M | -$29M |
| FinTech | 25 | $4.3B | -$13M | -$59M | -$335M | -$263M | $178M |
| Thematic Precious Metals | 15 | $49.4B | -$1,277M | -$1,266M | $1,528M | $1,017M | $2,710M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the iShares U.S. Infrastructure ETF (IFRA) led the charge, bringing in $524M in fresh capital. On the other end of the spectrum, the VanEck Gold Miners ETF (GDX) and the Amplify Junior Silver Miners ETF (SILJ) saw the steepest outflows, losing -$793M and -$172M respectively.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| IFRA | iShares U.S. Infrastructure ETF | $524M |
| SHLD | Global X Defense Tech ETF | $456M |
| FDN | First Trust Dow Jones Internet Index Fund | $423M |
| BAI | iShares A.I. Innovation and Tech Active ETF | $347M |
| GUNR | FlexShares Morningstar Global Upstream Natural Resources Index Fund | $122M |
| Outflows | ||
| Ticker | Fund Name | 5-Day Flow |
| GDX | VanEck Gold Miners ETF | -$793M |
| SILJ | Amplify Junior Silver Miners ETF | -$172M |
| XOVR | ERShares Private-Public Crossover ETF | -$110M |
| SIL | Global X Silver Miners ETF | -$100M |
| GDXJ | VanEck Junior Gold Miners ETF | -$93M |
Issuer League Table Update
Global X and iShares continue to dominate the Thematic ETF market, holding 19.51% and 16.59% of total AUM, respectively. iShares was the most successful issuer this week, gathering $1,086M in new assets, while VanEck faced the strongest headwinds with net outflows of -$765M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 36 | $60.49B | 19.51% |
| iShares | 33 | $51.45B | 16.59% |
| VanEck | 18 | $45.38B | 14.63% |
| First Trust | 30 | $41.62B | 13.42% |
| ARK | 7 | $12.50B | 4.03% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| iShares | $1,086M |
| First Trust | $443M |
| Global X | $310M |
| Outflows | |
| Brand | 5-Day Flow |
| VanEck | -$765M |
| Amplify | -$192M |
| ERShares | -$110M |
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Disclosures
This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.
This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.
