FinTech Shines While Cannabis Slumps in a $364B Thematic ETF Landscape

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Weekly Channel Summary

The EQ: Thematic ETF channel currently consists of 445 individual ETFs offered by 109 issuers, representing a total of $364 billion in Assets Under Management (AUM). The thematic space demonstrated strong momentum recently, gathering $3.35 billion in net inflows over the past week. This burst of recent activity bolsters a robust long-term trend, pushing the channel to a $59.17 billion year-to-date net inflow and a total of $103.35 billion gathered over the trailing 1-year period.

This Week’s Performance Leaders and Laggards

FinTech led the thematic channel this week, posting an impressive 4.24% return, lifting its year-to-date performance to 11.81%. Health Innovation also captured solid gains, finishing up 1.72% for the week. Conversely, the Sustainability category struggled the most, declining 1.08% over the past five days, though it remains up a strong 21.60% year-to-date.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
FinTech 4.24% -2.41% 20.56% 5.86% 11.81% 34.03%
Health Innovation 1.72% 1.59% 5.60% 0.10% 1.03% 28.39%
Alternative Equity 1.65% -1.48% 8.43% -11.18% -10.22% -9.98%
Precious Metals 1.53% -18.80% -19.30% -3.23% -5.71% 62.10%
Thematic – Multi-Sector 1.45% 2.60% 18.50% 13.50% 15.17% 31.18%
Natural Resources 1.30% -6.22% 0.27% 15.18% 12.46% 53.83%
Infrastructure 1.10% 0.17% 11.04% 22.22% 22.83% 36.87%
Disruptive Tech 0.79% 6.22% 30.39% 25.34% 25.55% 44.02%
Midstream & MLPs 0.13% -0.63% 3.77% 20.59% 20.60% 21.74%
Evolving Consumer -0.55% 1.85% 6.25% -8.89% -5.69% 11.27%
Industrial Revolution -0.56% -0.08% 14.30% 22.13% 21.55% 49.39%
Sustainability -1.08% -1.81% 12.11% 20.46% 21.60% 53.20%

Top & Bottom 5 ETFs by Weekly Performance

The single best-performing fund this week was the Corgi Lithography & Semiconductor Photonics ETF (EUV), which surged 10.71%. On the opposite end of the spectrum, cannabis-focused funds faced severe headwinds, with the AdvisorShares Pure US Cannabis ETF (MSOS) and the Roundhill Cannabis ETF (WEED) plummeting 35.79% and 19.69%, respectively.

Ticker Fund Name WTD Performance
Top Performers
EUV Corgi Lithography & Semiconductor Photonics ETF 10.71%
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 9.30%
ILIT iShares Lithium Miners and Producers ETF 8.30%
BULD Pacer BlueStar Engineering the Future ETF 7.59%
DRAM Roundhill Memory ETF 7.53%
Bottom Performers
MSOS AdvisorShares Pure US Cannabis ETF -35.79%
WEED Roundhill Cannabis ETF -19.69%
HYDR Global X Hydrogen ETF -8.45%
JEDI Defiance Drone and Modern Warfare ETF -7.42%
CNBS Amplify Seymour Cannabis ETF -6.97%

Analyzing the Weekly Flows

The thematic channel gathered a remarkable $3.30 billion in net inflows over the past five days. The Industrial Revolution category topped the charts, hauling in $1.92 billion and expanding its total AUM to $26.2 billion. Thematic Multi-Sector funds also experienced a significant surge, attracting $1.54 billion. In contrast, the Natural Resources category faced the most substantial headwinds, shedding $663 million in assets over the same period.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Industrial Revolution 50 $26.2B $1,924M $5,462M $7,726M $11,188M $15,231M
Thematic Multi-Sector 46 $29.7B $1,536M $835M $2,232M $2,114M $5,242M
Disruptive Tech 69 $90.0B $954M $10,005M $20,209M $21,747M $36,796M
Midstream & MLPs 18 $26.0B $104M $248M $761M $1,357M $2,129M
Infrastructure 44 $62.2B $54M $1,978M $8,044M $13,341M $21,923M
Evolving Consumer 50 $13.7B $22M -$36M $25M -$1,504M -$1,449M
Health Innovation 24 $2.4B -$17M -$59M -$64M $19M $50M
Alternative Equity 9 $2.4B -$22M $21M $298M $317M $764M
Sustainability 28 $9.3B -$105M $490M $1,257M $1,625M $2,571M
Thematic Precious Metals 15 $41.6B -$188M -$432M -$3,641M -$1,295M $1,829M
FinTech 28 $4.7B -$296M -$417M -$106M -$357M $122M
Natural Resources 57 $55.7B -$663M $240M $1,599M $10,361M $17,894M

Top & Bottom 5 ETFs by 5-Day Flow

The ARK Innovation ETF (ARKK) commanded the top spot for individual fund inflows this week, successfully pulling in a massive $1.46 billion. Conversely, the State Street SPDR S&P Metals & Mining ETF (XME) and the Global X Lithium & Battery Tech ETF (LIT) experienced the sharpest wave of redemptions, losing $257 million and $161 million, respectively.

Ticker Fund Name 5-Day Flow
Inflows
ARKK ARK Innovation ETF $1,464M
DRAM Roundhill Memory ETF $928M
NASA Tema Space Innovators ETF $809M
ARKQ ARK Autonomous Technology & Robotics ETF $710M
ARKX ARK Space & Defense Innovation ETF $411M
Outflows
XME State Street SPDR S&P Metals & Mining ETF -$257M
LIT Global X Lithium & Battery Tech ETF -$161M
SKYY First Trust Cloud Computing ETF -$116M
MAGS Roundhill Magnificent Seven ETF -$113M
SIL Global X Silver Miners ETF -$110M

Issuer League Table Update

Global X and iShares continue to dominate the thematic space, securing the top two spots with 17.92% and 15.93% of the total AUM market share, respectively. In terms of recent momentum, ARK stood out as the leading asset gatherer, capturing $2.60 billion in weekly inflows. On the other hand, iShares experienced the most significant weekly redemptions among top issuers, shedding $1.88 billion.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Global X 38 $65.25B 17.92%
iShares 33 $57.98B 15.93%
First Trust 30 $50.66B 13.92%
VanEck 20 $40.79B 11.21%
Roundhill 11 $22.95B 6.30%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
ARK $2,600M
Roundhill $836M
Tema $815M
Outflows
iShares -$1,877M
Global X -$428M
SPDR -$303M

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.