Weekly Channel Summary
The EQ: Thematic channel currently spans 439 ETFs from 107 issuers, managing a combined $370B in total assets. This week saw a notable net outflow, with the channel shedding $6.57B in 5-day flows. Despite the recent pullback, longer-term momentum remains strong, having accumulated $47.05B in Year-to-Date inflows and $94.13B over the trailing 1-year period.
This Week’s Performance Leaders and Laggards
Disruptive Tech and Industrial Revolution led the thematic pack this week, posting solid Week-to-Date (WTD) returns of 4.00% and 3.86%, respectively. Both categories are sitting on impressive Year-to-Date (YTD) gains north of 23%. Conversely, Precious Metals was the primary laggard, dropping 4.04% WTD, dragging its YTD return down to just 0.69%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Disruptive Tech | 4.00% | 13.97% | 26.63% | 30.56% | 23.59% | 47.80% |
| Industrial Revolution | 3.86% | 7.22% | 11.12% | 35.08% | 23.85% | 58.38% |
| Health Innovation | 2.86% | -1.97% | -1.45% | 2.31% | -0.54% | 36.51% |
| Thematic – Multi-Sector | 2.37% | 5.83% | 13.06% | 18.79% | 13.85% | 36.43% |
| Sustainability | 2.04% | 7.91% | 13.36% | 32.75% | 27.54% | 77.27% |
| FinTech | 1.60% | 4.83% | 22.05% | 17.37% | 13.28% | 39.28% |
| Infrastructure | 1.50% | 2.92% | 6.12% | 26.74% | 22.03% | 40.67% |
| Midstream & MLPs | 1.39% | 8.41% | 9.44% | 26.75% | 25.48% | 30.71% |
| Evolving Consumer | 1.32% | -3.98% | -0.16% | -1.56% | -7.61% | 9.14% |
| Natural Resources | -0.26% | -3.70% | -1.82% | 26.74% | 14.31% | 67.78% |
| Alternative Equity | -0.87% | -4.29% | -2.20% | -5.58% | -10.82% | -8.44% |
| Precious Metals | -4.04% | -9.90% | -19.19% | 26.02% | 0.69% | 94.86% |
Top & Bottom 5 ETFs by Weekly Performance
The Global X Space Tech ETF (ORBX) was the standout performer this week, surging 12.91% WTD. On the downside, junior miners took a hit, with the Sprott Junior Gold Miners ETF (SGDJ) and the Global X Gold Explorers ETF (GOEX) dropping 5.64% and 5.43% respectively to mark the bottom of the weekly performance list.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ORBX | Global X Space Tech ETF | 12.91% |
| WQTM | WisdomTree Quantum Computing Fund | 12.62% |
| MARS | Roundhill Space & Technology ETF | 12.34% |
| NASA | Tema Space Innovators ETF | 11.75% |
| SPRX | Spear Alpha ETF | 9.85% |
| Bottom Performers | ||
| SGDJ | Sprott Junior Gold Miners ETF | -5.64% |
| GOEX | Global X Gold Explorers ETF | -5.43% |
| NIKL | Sprott Nickel Miners ETF | -5.33% |
| SLVR | Sprott Silver Miners & Physical Silver ETF | -5.24% |
| GDXJ | VanEck Junior Gold Miners ETF | -4.85% |
Analyzing the Weekly Flows
The Thematic channel experienced $6.57B in net outflows over the past five days. Infrastructure defied the broader trend, attracting the most capital with $534M in inflows, lifting its AUM to $62.2B. Evolving Consumer also gathered positive flows, taking in $105M. At the other end of the spectrum, the Thematic – Multi-Sector category endured the heaviest redemptions, losing a massive $5,996M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Infrastructure | 43 | $62.2B | $534M | $4,187M | $8,454M | $12,279M | $21,411M |
| Evolving Consumer | 43 | $13.5B | $105M | $116M | ($1,339M) | ($1,572M) | ($1,618M) |
| Midstream & MLPs | 17 | $26.6B | $80M | $334M | $883M | $1,203M | $2,098M |
| Alternative Equity | 9 | $2.4B | ($2M) | $25M | $309M | $300M | $760M |
| Health Innovation | 23 | $2.3B | ($26M) | ($22M) | ($89M) | $44M | $56M |
| FinTech | 25 | $5.5B | ($38M) | $64M | $258M | $54M | $527M |
| Sustainability | 27 | $9.7B | ($54M) | $660M | $792M | $1,238M | $2,109M |
| Industrial Revolution | 43 | $24.9B | ($172M) | $1,784M | $4,142M | $6,867M | $11,244M |
| Disruptive Tech | 64 | $83.5B | ($286M) | $10,302M | $14,102M | $15,376M | $31,578M |
| Natural Resources | 57 | $59.1B | ($376M) | $867M | $3,064M | $10,406M | $17,746M |
| Precious Metals | 15 | $49.3B | ($466M) | ($1,079M) | ($3,247M) | ($964M) | $2,472M |
| Thematic – Multi-Sector | 45 | $31.0B | ($5,996M) | $415M | $1,563M | $1,547M | $5,480M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the Tema Space Innovators ETF (NASA) was the biggest winner, pulling in a massive $594M in net new assets over the last five days. Conversely, ARK products faced intense selling pressure, with the ARK Innovation ETF (ARKK) seeing a dramatic $5,661M outflow, and the ARK Autonomous Technology & Robotics ETF (ARKQ) losing $897M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| NASA | Tema Space Innovators ETF | $594M |
| GRID | First Trust Nasdaq Clean Edge Smart GRID In.. | $235M |
| SLX | VanEck Steel ETF | $192M |
| ITB | iShares U.S. Home Construction ETF | $128M |
| DRAM | Roundhill Memory ETF | $125M |
| Outflows | ||
| ARKK | ARK Innovation ETF | ($5,661M) |
| ARKQ | ARK Autonomous Technology & Robotics ETF | ($897M) |
| ARKW | ARK Next Generation Internet ETF | ($581M) |
| THRO | iShares U.S. Thematic Rotation Active ETF | ($406M) |
| SILJ | Amplify Junior Silver Miners ETF | ($323M) |
Issuer League Table Update
Global X and iShares continue to dominate the Thematic ETF market, controlling 18.27% and 16.94% of the channel’s AUM, respectively. In terms of weekly flow activity, Tema led all issuers by gathering $594M. Meanwhile, ARK suffered the most severe weekly outflows, bleeding $7,175M across its thematic suite.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 38 | $67.66B | 18.27% |
| iShares | 33 | $62.73B | 16.94% |
| First Trust | 30 | $50.85B | 13.73% |
| VanEck | 19 | $46.81B | 12.64% |
| Roundhill | 11 | $17.46B | 4.72% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Tema | $594M |
| First Trust | $395M |
| Corgi | $124M |
| Outflows | |
| ARK | -$7,175M |
| Amplify | -$340M |
| iShares | -$256M |
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.
