Weekly Channel Summary
Thematic ETFs represent $376.97 billion in assets under management across 450 funds from 111 different issuers. The channel attracted $2.36 billion in net inflows over the past week, contributing to a year-to-date total of $64.89 billion. Over the last twelve months, investors have allocated a net $105.54 billion to thematic strategies.
This Week’s Performance Leaders and Laggards
Disruptive Tech themes led performance this week with a 2.29% gain, extending their strong year-to-date return to 32.44%. FinTech and Midstream & MLPs also posted positive returns for the week. On the other end of the spectrum, Precious Metals funds were the worst performers, falling 3.90%. This recent drop contrasts with their strong one-year return of 51.10%, while their year-to-date performance remains negative at -11.33%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Disruptive Tech | 2.29% | 7.13% | 48.11% | 28.83% | 32.44% | 47.00% |
| FinTech | 1.41% | 2.18% | 13.65% | -2.06% | 7.38% | 8.87% |
| Midstream & MLPs | 1.30% | 0.26% | 2.54% | 17.51% | 18.79% | 20.43% |
| Alternative Equity | 0.52% | 1.24% | 3.28% | -9.50% | -8.14% | -14.34% |
| Multi-Sector | -0.04% | 5.76% | 16.07% | 10.09% | 14.42% | 25.12% |
| Infrastructure | -0.14% | 1.99% | 3.10% | 15.74% | 20.29% | 30.95% |
| Evolving Consumer | -0.65% | 3.31% | 9.22% | -2.22% | 1.54% | 6.86% |
| Natural Resources | -0.71% | -1.07% | -9.47% | -2.80% | 5.17% | 34.99% |
| Sustainability | -1.85% | -1.59% | 3.31% | 11.34% | 16.54% | 40.59% |
| Health Innovation | -2.31% | 21.88% | 37.78% | 26.26% | 31.99% | 58.24% |
| Industrial Revolution | -3.55% | -1.46% | -2.26% | -5.21% | 5.13% | 19.95% |
| Precious Metals | -3.90% | 3.01% | -22.92% | -17.86% | -11.33% | 51.10% |
Top & Bottom 5 ETFs by Weekly Performance
The iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) was the top-performing thematic fund, climbing 5.80% for the week. Several other technology-focused funds, including those centered on international internet and AI, also delivered gains over 4%. Conversely, space-themed ETFs experienced a significant downturn, with the Global X Space Tech ETF (ORBX) declining by 11.50%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IDGT | iShares U.S. Digital Infrastructure and Real Estate ETF | 5.80% |
| FDNI | First Trust Dow Jones International Internet ETF | 4.64% |
| WGMI | CoinShares Bitcoin Mining ETF | 4.34% |
| GAMR | Amplify Video Game Leaders ETF | 4.28% |
| ALAI | Alger AI Enablers & Adopters ETF | 4.13% |
| Bottom Performers | ||
| ORBX | Global X Space Tech ETF | -11.50% |
| ILIT | iShares Lithium Miners and Producers ETF | -11.06% |
| JEDI | Defiance Drone and Modern Warfare ETF | -11.06% |
| MARS | Roundhill Space & Technology ETF | -10.97% |
| WARP | VanEck Space ETF | -10.94% |
Analyzing the Weekly Flows
Thematic ETFs saw net inflows of $2.36 billion, with the vast majority directed towards a single category. Disruptive Tech funds dominated asset gathering, pulling in nearly $2.45 billion for the week alone. This influx continues a strong trend that has brought over $31 billion into the category year-to-date. In contrast, Infrastructure funds experienced the largest outflows, shedding $221 million over the same period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Disruptive Tech | 75 | $105.45B | $2,448M | $9,408M | $27,717M | $31,354M | $45,873M |
| Multi-Sector | 47 | $30.90B | $334M | -$519M | -$247M | $163M | $3,238M |
| Precious Metals | 15 | $42.62B | $231M | -$97M | -$1,797M | -$1,378M | $2,325M |
| Health Innovation | 25 | $3.09B | $58M | $180M | $134M | $195M | $211M |
| Midstream & MLPs | 18 | $26.19B | $50M | $20M | $404M | $1,278M | $2,000M |
| Alternative Equity | 9 | $2.36B | -$11M | $13M | $172M | $333M | $683M |
| FinTech | 28 | $4.41B | -$46M | -$412M | -$350M | -$684M | -$218M |
| Industrial Revolution | 51 | $20.41B | -$76M | -$1,670M | $3,220M | $7,462M | $10,231M |
| Evolving Consumer | 50 | $13.84B | -$93M | -$4M | $60M | -$1,530M | -$1,880M |
| Sustainability | 28 | $8.63B | -$155M | -$477M | $733M | $1,203M | $2,129M |
| Natural Resources | 57 | $53.39B | -$165M | -$433M | $918M | $10,195M | $17,304M |
| Infrastructure | 47 | $65.69B | -$221M | $2,971M | $9,652M | $16,299M | $23,647M |
Top & Bottom 5 ETFs by 5-Day Flow
A single fund accounted for the bulk of the channel’s inflows, as the Roundhill Memory ETF (DRAM) attracted a massive $1.66 billion. The iShares A.I. Innovation and Tech Active ETF (BAI) also saw significant interest with $469 million in new assets. On the redemption side, the Global X Data Center And Digital Infrastructure ETF (DTCR) led outflows at -$224 million, followed by the iShares U.S. Home Construction ETF (ITB) with -$200 million in withdrawals.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| DRAM | Roundhill Memory ETF | $1,664M |
| BAI | iShares A.I. Innovation and Tech Active ETF | $469M |
| XHB | State Street SPDR S&P Homebuilders ETF | $182M |
| GDX | VanEck Gold Miners ETF | $181M |
| ARKK | ARK Innovation ETF | $154M |
| Outflows | ||
| DTCR | Global X Data Center And Digital Infrastructure ETF | -$224M |
| ITB | iShares U.S. Home Construction ETF | -$200M |
| PAVE | Global X U.S. Infrastructure Development ETF | -$134M |
| COPX | Global X Copper Miners ETF | -$122M |
| UFO | Procure Space ETF | -$82M |
Issuer League Table Update
Global X and iShares continue to lead the thematic space in terms of market share, managing 17.23% and 15.97% of channel assets, respectively. However, Roundhill was the standout for asset gathering this week, collecting an impressive $1.65 billion in net inflows. On the other hand, Global X experienced the largest net redemptions among issuers, with investors pulling $571 million from its funds.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 38 | $64.95B | 17.23% |
| iShares | 33 | $60.21B | 15.97% |
| First Trust | 30 | $54.30B | 14.41% |
| VanEck | 20 | $41.05B | 10.89% |
| Roundhill | 11 | $29.70B | 7.88% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Roundhill | $1,646M |
| iShares | $353M |
| ARK | $261M |
| Outflows | |
| Global X | -$571M |
| Procure | -$82M |
| State Street | -$33M |
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.
