Weekly Channel Summary
The Thematic equity channel currently encompasses a massive $389.0B in total Assets Under Management (AUM), spread across 449 distinct ETFs and managed by 110 issuers. Momentum was strong over the past week as the channel attracted $4.55B in net new inflows. This burst of recent activity builds on a solid long-term accumulation trend, contributing to the $60.47B collected Year-to-Date (YTD) and the substantial $103.78B gathered over the past year.
This Week’s Performance Leaders and Laggards
Thematic performance was a mixed bag this week. The Precious Metals category led the pack, jumping 3.82% over the past five days, despite remaining slightly negative at -2.15% YTD. On the downside, Midstream & MLPs lagged the broader thematic space, dropping -2.16% for the week, though the category is still holding onto a strong 17.56% gain for the year.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 3.82% | -6.01% | -5.65% | 0.22% | -2.15% | 69.20% |
| Disruptive Tech | 3.22% | 9.64% | 33.61% | 33.21% | 30.35% | 50.52% |
| FinTech | 3.18% | 4.59% | 22.92% | 18.10% | 15.77% | 41.55% |
| Thematic – Multi-Sector | 2.49% | 6.37% | 20.91% | 18.98% | 17.89% | 34.09% |
| Health Innovation | 1.82% | 7.58% | 8.50% | 3.93% | 2.83% | 34.34% |
| Sustainability | 1.09% | 0.46% | 13.23% | 23.15% | 22.70% | 60.16% |
| Infrastructure | 0.70% | 3.13% | 11.07% | 24.81% | 23.40% | 37.36% |
| Evolving Consumer | 0.33% | 2.92% | 6.35% | -6.24% | -5.68% | 11.22% |
| Industrial Revolution | 0.31% | 0.99% | 14.71% | 25.66% | 22.31% | 51.12% |
| Natural Resources | 0.29% | -0.85% | 4.12% | 16.35% | 12.74% | 54.20% |
| Alternative Equity | -1.59% | -1.42% | 2.60% | -11.47% | -11.84% | -10.59% |
| Midstream & MLPs | -2.16% | -5.18% | 0.23% | 19.58% | 17.56% | 20.13% |
Top & Bottom 5 ETFs by Weekly Performance
At the fund level, the Roundhill Memory ETF (DRAM) soared past the competition to claim the top spot with a staggering 18.03% weekly return. Conversely, space-themed funds struggled the most, with the VanEck Space ETF (WARP) and the Procure Space ETF (UFO) booking the steepest WTD declines of -7.51% and -5.64% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| DRAM | Roundhill Memory ETF | 18.03% |
| CQTM | Corgi Quantum Computing ETF | 15.72% |
| AIS | VistaShares Artificial Intelligence Supercycle ETF | 10.76% |
| ARKG | ARK Genomic Revolution ETF | 10.18% |
| CHAT | Roundhill Generative AI & Technology ETF | 9.66% |
| Bottom Performers | ||
| WARP | VanEck Space ETF | -7.51% |
| UFO | Procure Space ETF | -5.64% |
| SUPL | ProShares Supply Chain Logistics ETF | -5.26% |
| SLX | VanEck Steel ETF | -4.69% |
| LITP | Sprott Lithium Miners ETF | -4.68% |
Analyzing the Weekly Flows
The Thematic channel logged an impressive total net flow of $4,525M this week. Capital gravitated overwhelmingly toward Disruptive Tech, which raked in $3,458M to support its massive $103.1B asset base. Infrastructure followed closely behind with another substantial $1,317M in net weekly creations. Meanwhile, sellers primarily focused on the Industrial Revolution category, withdrawing a channel-high -$292M in assets.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Disruptive Tech | 71 | $103.1B | $3,458M | $10,036M | $23,548M | $25,617M | $41,121M |
| Infrastructure | 44 | $65.4B | $1,317M | $2,724M | $9,027M | $14,563M | $22,635M |
| Natural Resources | 57 | $59.4B | $223M | -$111M | $1,747M | $10,645M | $18,080M |
| Thematic Precious Metals | 15 | $48.1B | $65M | -$401M | -$2,653M | -$1,259M | $1,985M |
| Health Innovation | 24 | $2.5B | $43M | $4M | -$1M | $68M | $59M |
| Alternative Equity | 9 | $2.4B | $13M | $35M | $324M | $332M | $757M |
| FinTech | 28 | $5.1B | -$8M | -$414M | -$62M | -$310M | $142M |
| Midstream & MLPs | 18 | $25.1B | -$18M | $118M | $640M | $1,252M | $2,022M |
| Thematic – Multi-Sector | 47 | $31.5B | -$26M | -$1,901M | $889M | $862M | $3,994M |
| Sustainability | 28 | $9.6B | -$59M | $288M | $1,214M | $1,612M | $2,584M |
| Evolving Consumer | 50 | $13.6B | -$193M | $12M | -$270M | -$1,771M | -$1,601M |
| Industrial Revolution | 49 | $23.1B | -$292M | $2,922M | $5,014M | $8,810M | $11,950M |
Top & Bottom 5 ETFs by 5-Day Flow
At the product level, the Roundhill Memory ETF (DRAM) stood out as the undisputed leader in capital accumulation, locking in $1,241M over the past 5 days. Conversely, the top two ETFs shedding assets were the ARK Innovation ETF (ARKK) and the Tema Space Innovators ETF (NASA), which saw respective withdrawals of -$770M and -$296M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| DRAM | Roundhill Memory ETF | $1,241M |
| QTUM | Defiance Quantum ETF | $1,000M |
| CIBR | First Trust NASDAQ Cybersecurity ETF | $687M |
| KOMP | State Street SPDR S&P Kensho New Economies ETF | $565M |
| AIRR | First Trust RBA American Industrial Renaissance ETF | $323M |
| Outflows | ||
| ARKK | ARK Innovation ETF | -$770M |
| NASA | Tema Space Innovators ETF | -$296M |
| AGIX | KraneShares Public-Private AI & Technology ETF | -$150M |
| ITB | iShares U.S. Home Construction ETF | -$130M |
| MAGS | Roundhill Magnificent Seven ETF | -$115M |
Issuer League Table Update
Global X and iShares continue to dominate the top two spots in issuer market share within the thematic channel. Looking at near-term issuer momentum, Defiance gathered the most weekly inflows across its fund suite, driven by its infrastructure and quantum computing products. Conversely, ARK saw the largest outflows of any top issuer during the same 5-day span.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 38 | $69.60B | 17.88% |
| iShares | 33 | $61.59B | 15.82% |
| First Trust | 30 | $53.12B | 13.64% |
| VanEck | 20 | $46.10B | 11.84% |
| Roundhill | 11 | $26.06B | 6.69% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Defiance | $1,158M |
| First Trust | $1,145M |
| Roundhill | $1,122M |
| Outflows | |
| ARK | -$817M |
| Tema | -$269M |
| KraneShares | -$139M |
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.
