Weekly Channel Summary
The EQ: Thematic channel currently spans a robust ecosystem of 408 ETFs managed by 105 distinct issuers, representing a combined $327B in Assets Under Management (AUM). Over the past week, the space experienced a healthy wave of net positive activity, taking in $668M in 5-day flows. This recent influx adds to a strong long-term trend, pushing Year-to-Date (YTD) flows to $20.02B and trailing 1-year flows to an impressive $68.65B.
This Week’s Performance Leaders and Laggards
Midstream & MLPs took the top spot this week as the only category to post a positive Week-to-Date (WTD) return at 1.14%, bolstering its already impressive YTD gain of 17.78%. Conversely, Precious Metals was the primary lagging category, suffering a steep -12.87% WTD decline, though it still maintains a strong 19.36% YTD advance.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Midstream & MLPs | 1.14% | 7.86% | 15.86% | 19.46% | 17.78% | 23.12% |
| Alternative Equity | -0.53% | -8.17% | -14.42% | -16.96% | -14.19% | -12.62% |
| Disruptive Tech | -0.82% | -0.72% | -6.62% | -0.68% | -4.40% | 20.40% |
| FinTech | -1.99% | -3.25% | -15.96% | -9.29% | -8.61% | 25.29% |
| Evolving Consumer | -2.04% | -3.43% | -7.53% | -12.89% | -8.97% | 7.53% |
| Thematic – Multi-Sector | -2.86% | -2.04% | -3.94% | 2.42% | -2.25% | 24.64% |
| Industrial Revolution | -3.78% | -1.42% | 7.48% | 15.34% | 6.54% | 41.05% |
| Health Innovation | -4.39% | -2.47% | -3.13% | 14.79% | -2.31% | 23.53% |
| Infrastructure | -4.39% | 0.14% | 9.50% | 16.30% | 10.43% | 35.82% |
| Sustainability | -4.46% | -3.49% | 4.60% | 17.80% | 6.28% | 48.99% |
| Natural Resources | -7.72% | -0.93% | 14.70% | 29.98% | 11.43% | 63.90% |
| Precious Metals | -12.87% | 5.33% | 30.11% | 66.29% | 19.36% | 173.30% |
Top & Bottom 5 ETFs by Weekly Performance
Leading the charge was the WisdomTree Cloud Computing Fund (WCLD), which soared 9.05% for the week. On the other end of the spectrum, silver miners faced heavy selling pressure, with the Sprott Silver Miners & Physical Silver ETF (SLVR) and the iShares MSCI Global Silver Miners ETF (SLVP) plunging -16.42% and -15.73%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| WCLD | WisdomTree Cloud Computing Fund | 9.05% |
| WCBR | WisdomTree Cybersecurity Fund | 7.27% |
| BUG | Global X Cybersecurity ETF | 6.76% |
| HACK | Amplify Cybersecurity ETF | 6.49% |
| CLOU | Global X Cloud Computing ETF | 5.75% |
| Bottom Performers | ||
| SLVR | Sprott Silver Miners & Physical Silver ETF | -16.42% |
| SLVP | iShares MSCI Global Silver Miners ETF | -15.73% |
| SILJ | Amplify Junior Silver Miners ETF | -15.24% |
| COPX | Global X Copper Miners ETF | -15.02% |
| AGMI | Themes Silver Miners ETF | -14.82% |
Analyzing the Weekly Flows
Overall, the thematic channel attracted $668M in net new money this week. Natural Resources was the premier destination for capital, drawing in $529M to lift its total AUM to $58.5B. Infrastructure also saw significant investor interest, capturing $387M in weekly inflows. Meanwhile, the Evolving Consumer category faced the heaviest redemptions, bleeding -$843M in outflows over the past five days.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Natural Resources | 56 | $58.5B | $529M | $1,588M | $10,809M | $8,736M | $14,506M |
| Infrastructure | 42 | $51.7B | $387M | $3,008M | $6,233M | $4,969M | $13,950M |
| Thematic – Multi-Sector | 45 | $26.6B | $294M | -$731M | $1,093M | -$68M | $7,088M |
| Industrial Revolution | 38 | $20.3B | $265M | $609M | $3,656M | $3,197M | $8,205M |
| Disruptive Tech | 63 | $52.9B | $197M | $173M | $2,102M | $1,566M | $19,849M |
| Midstream & MLPs | 17 | $25.1B | $33M | $311M | $616M | $499M | $1,459M |
| Alternative Equity | 9 | $2.1B | $13M | -$33M | $79M | $2M | $569M |
| FinTech | 25 | $4.4B | -$6M | -$93M | -$224M | -$234M | $150M |
| Precious Metals | 15 | $62.4B | -$29M | -$531M | $3,810M | $2,349M | $4,121M |
| Sustainability | 27 | $7.4B | -$71M | $54M | $496M | $425M | $1,009M |
| Health Innovation | 23 | $2.3B | -$101M | -$60M | $56M | $73M | -$95M |
| Evolving Consumer | 46 | $13.1B | -$843M | -$1,331M | -$1,720M | -$1,491M | -$2,156M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the Global X Copper Miners ETF (COPX) was the standout winner, reeling in an impressive $337M in 5-day inflows. Conversely, the First Trust Dow Jones Internet Index Fund (FDN) and the State Street SPDR S&P Homebuilders ETF (XHB) experienced the heaviest redemptions, shedding -$645M and -$146M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| COPX | Global X Copper Miners ETF | $337M |
| SHLD | Global X Defense Tech ETF | $240M |
| MAGS | Roundhill Magnificent Seven ETF | $116M |
| XOVR | ERShares Private-Public Crossover ETF | $110M |
| AIRR | First Trust RBA American Industrial Renaissance ETF | $82M |
| Outflows | ||
| FDN | First Trust Dow Jones Internet Index Fund | -$645M |
| XHB | State Street SPDR S&P Homebuilders ETF | -$146M |
| ARKG | ARK Genomic Revolution ETF | -$106M |
| MLPX | Global X MLP & Energy Infrastructure ETF | -$74M |
| TAN | Invesco Solar ETF | -$66M |
Issuer League Table Update
Global X continues to dominate the thematic landscape as the leading issuer with a 19.50% AUM market share, followed closely by VanEck at 16.71%. Global X was also the most successful in gathering assets this week, netting $612M in inflows. Conversely, First Trust saw the largest withdrawals, experiencing -$455M in weekly outflows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 36 | $63.72B | 19.50% |
| VanEck | 18 | $54.60B | 16.71% |
| iShares | 33 | $52.05B | 15.93% |
| First Trust | 30 | $42.34B | 12.95% |
| ARK | 7 | $13.09B | 4.00% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Global X | $612M |
| iShares | $248M |
| ERShares | $110M |
| Outflows | |
| First Trust | -$455M |
| SPDR | -$195M |
| Invesco | -$122M |
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.
