Weekly Channel Summary
The Thematic ETF channel, comprising 462 funds from 112 issuers, now holds $384.57 billion in assets under management. The segment experienced modest net outflows of $444 million for the week, a slight reversal against a strong trend. Year-to-date, Thematic ETFs have accumulated over $69.3 billion, with the one-year total exceeding $105.4 billion in net inflows.
This Week’s Performance Leaders and Laggards
Precious Metals funds delivered a stunning performance, surging 21.60% for the week and erasing prior losses to turn positive year-to-date. Industrial Revolution and Health Innovation also posted strong weekly gains above 8.7%. At the other end of the spectrum, Midstream & MLPs was the only category to finish in the red, declining 1.91% for the week, though it remains up over 20% year-to-date.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 21.60% | 18.15% | -3.01% | -8.10% | 4.89% | 61.87% |
| Industrial Revolution | 9.25% | 4.36% | 0.39% | 2.55% | 11.38% | 21.86% |
| Health Innovation | 8.78% | 0.67% | 30.41% | 35.81% | 36.36% | 75.99% |
| Natural Resources | 8.27% | 8.42% | -4.65% | -2.15% | 12.65% | 40.92% |
| Alternative Equity | 7.65% | 8.76% | 4.87% | 4.57% | -1.43% | -5.75% |
| Multi-Sector | 6.48% | 0.69% | 4.94% | 15.98% | 14.84% | 23.83% |
| Disruptive Tech | 5.95% | -1.86% | 11.73% | 34.97% | 32.32% | 42.93% |
| Evolving Consumer | 5.36% | 3.72% | 5.35% | 6.78% | 4.84% | 5.87% |
| Sustainability | 5.02% | -2.99% | -8.06% | 1.22% | 12.76% | 34.74% |
| Infrastructure | 2.79% | 1.13% | -0.82% | 7.13% | 20.69% | 28.98% |
| FinTech | 1.76% | -1.37% | -7.29% | 10.67% | 3.77% | 6.94% |
| Midstream & MLPs | -1.91% | 0.96% | 2.69% | 11.01% | 20.39% | 21.09% |
Top & Bottom 5 ETFs by Weekly Performance
Funds focused on gold miners dominated the top performers list, led by the Sprott Junior Gold Miners ETF (SGDJ) with a 25.42% gain. The VanEck Junior Gold Miners ETF (GDXJ) and Themes Gold Miners ETF (AUMI) also posted returns exceeding 22%. Conversely, the CoinShares Bitcoin Mining ETF (WGMI) was the week’s worst performer, falling 5.95%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SGDJ | Sprott Junior Gold Miners ETF | 25.42% |
| XSPC | VegaShares SpaceX & Beyond Earth ETF | 25.21% |
| GDXJ | VanEck Junior Gold Miners ETF | 23.30% |
| JEDI | Defiance Drone and Modern Warfare ETF | 23.30% |
| AUMI | Themes Gold Miners ETF | 22.97% |
| Bottom Performers | ||
| WGMI | CoinShares Bitcoin Mining ETF | -5.95% |
| EINC | VanEck Energy Income ETF | -3.16% |
| PIPE | Invesco SteelPath MLP & Energy Infrastructure ETF | -3.15% |
| TPYP | Tortoise North American Pipeline ETF | -3.03% |
| MLPX | Global X MLP & Energy Infrastructure ETF | -2.88% |
Analyzing the Weekly Flows
Despite overall net outflows for the channel, investor appetite for certain themes remained strong. Disruptive Tech funds led all categories, attracting $549 million in new assets and continuing a powerful year-to-date trend. In contrast, Infrastructure funds experienced the most significant redemptions, with investors pulling $922 million from the category. Sustainability-focused funds also saw considerable outflows of $392 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Disruptive Tech | 80 | $107.38B | $549M | $7,053M | $27,240M | $37,186M | $50,167M |
| Midstream & MLPs | 18 | $27.12B | $371M | $542M | $745M | $1,799M | $2,440M |
| Evolving Consumer | 50 | $13.48B | $120M | -$986M | -$805M | -$2,335M | -$2,886M |
| Multi-Sector | 48 | $30.36B | $102M | $191M | -$1,004M | $45M | $2,994M |
| Alternative Equity | 9 | $2.47B | $11M | -$4M | $37M | $338M | $609M |
| Precious Metals | 16 | $46.02B | $5M | -$215M | -$705M | -$1,648M | $1,745M |
| Health Innovation | 26 | $3.07B | -$1M | $19M | $145M | $219M | $234M |
| FinTech | 27 | $4.30B | -$23M | -$65M | -$885M | -$737M | -$511M |
| Industrial Revolution | 56 | $20.61B | -$86M | -$456M | $1,891M | $7,057M | $9,420M |
| Natural Resources | 57 | $55.28B | -$179M | -$360M | $65M | $9,896M | $16,353M |
| Sustainability | 28 | $7.77B | -$392M | -$543M | -$209M | $703M | $1,592M |
| Infrastructure | 47 | $66.70B | -$922M | $376M | $6,166M | $16,787M | $23,274M |
Top & Bottom 5 ETFs by 5-Day Flow
The Roundhill Memory ETF (DRAM) was the week’s clear favorite, pulling in $611 million in fresh capital. However, large outflows from two specific funds drove the channel’s negative total. The Global X Artificial Intelligence & Technology ETF (AIQ) shed $755 million, while the Global X U.S. Infrastructure Development ETF (PAVE) saw redemptions of $727 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| DRAM | Roundhill Memory ETF | $611M |
| MAGS | Roundhill Magnificent Seven ETF | $411M |
| AMLP | Alerian MLP ETF | $320M |
| CIBR | First Trust NASDAQ Cybersecurity ETF | $179M |
| XHB | State Street SPDR S&P Homebuilders ETF | $174M |
| Outflows | ||
| AIQ | Global X Artificial Intelligence & Technology ETF | -$755M |
| PAVE | Global X U.S. Infrastructure Development ETF | -$727M |
| GUNR | FlexShares Morningstar Global Upstream Natural Resources Index Fund | -$367M |
| ICLN | iShares Global Clean Energy ETF | -$299M |
| BAI | iShares A.I. Innovation and Tech Active ETF | -$230M |
Issuer League Table Update
Global X maintains its position as the largest issuer in the Thematic space with a 17.4% market share, followed closely by iShares. The week’s flow activity highlighted a significant divergence among top providers. Roundhill led all issuers with an impressive $979 million in net inflows, while Global X faced the largest redemptions, totaling over $1.55 billion for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 38 | $67.05B | 17.43% |
| iShares | 33 | $59.47B | 15.46% |
| First Trust | 32 | $56.02B | 14.57% |
| VanEck | 20 | $43.81B | 11.39% |
| Roundhill | 11 | $31.20B | 8.11% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Roundhill | $979M |
| Alerian | $325M |
| First Trust | $244M |
| Outflows | |
| Global X | -$1,555M |
| iShares | -$619M |
| FlexShares | -$367M |
For a deeper dive into these trends, access our FREE, in-depth Thematic ETF reports in the right side panel of this page.
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.
