Weekly Channel Summary
The EQ: Thematic channel ended the week with $323B in assets across 410 ETFs and 105 issuers. Investors continued to allocate capital to the space, with the channel seeing $1.42B in net inflows for the week. The momentum remains strong year-to-date, with $18.90B in total inflows, contributing to a massive $67.23B over the trailing one year.
This Week’s Performance Leaders and Laggards
Performance was mixed this week, with tangible asset themes leading the charge. Precious Metals was the top-performing category, surging 5.85% WTD, followed by Midstream & MLPs (4.75%) and Infrastructure (3.37%). On the downside, Evolving Consumer lagged significantly, dropping -2.46% WTD, followed by FinTech (-1.21%). Despite the weekly dip, Evolving Consumer remains slightly positive over the last year, while Precious Metals extends its dominant year-to-date lead.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 5.85% | 6.99% | 40.75% | 91.20% | 19.96% | 167.63% |
| Midstream & MLPs | 4.75% | 12.15% | 16.25% | 15.10% | 14.36% | 13.21% |
| Infrastructure | 3.37% | 9.65% | 14.98% | 19.27% | 13.78% | 33.33% |
| Natural Resources | 2.54% | 5.30% | 22.54% | 39.00% | 15.30% | 62.31% |
| Industrial Revolution | 1.00% | 0.18% | 12.60% | 19.10% | 9.19% | 36.18% |
| Sustainability | 0.92% | 4.93% | 10.41% | 28.93% | 11.24% | 51.25% |
| Disruptive Tech | 0.90% | -5.65% | -2.93% | 2.62% | -2.62% | 8.19% |
| Thematic – Multi-Sector | -0.40% | -4.86% | 0.71% | 4.97% | -0.45% | 11.68% |
| Alternative Equity | -0.47% | -7.57% | -2.49% | -11.64% | -6.71% | -10.82% |
| Health Innovation | -0.78% | -3.62% | 5.13% | 21.92% | -0.62% | 19.66% |
| FinTech | -1.21% | -16.35% | -12.56% | -5.86% | -6.51% | 3.97% |
| Evolving Consumer | -2.46% | -9.76% | -6.65% | -11.34% | -7.66% | 0.88% |
Top & Bottom 5 ETFs by Weekly Performance
The IDGT (iShares U.S. Digital Infrastructure and Real Estate ETF) took the top spot this week, returning 9.74%, followed by NIKL and WCBR. On the other end of the spectrum, CNBS (Amplify Seymour Cannabis ETF) struggled significantly, dropping -15.90%, joined by EBIZ at -12.13%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IDGT | iShares U.S. Digital Infrastructure and Real Estate ETF | 9.74% |
| NIKL | Sprott Nickel Miners ETF | 8.27% |
| WCBR | WisdomTree Cybersecurity Fund | 7.95% |
| RING | iShares MSCI Global Gold Miners ETF | 7.64% |
| SGDJ | Sprott Junior Gold Miners ETF | 7.60% |
| Bottom Performers | ||
| CNBS | Amplify Seymour Cannabis ETF | -15.90% |
| EBIZ | Global X E-Commerce ETF | -12.13% |
| ONLN | ProShares Online Retail ETF | -10.95% |
| IBUY | Amplify Online Retail ETF | -6.97% |
| AVRY | Avory Foundational ETF | -6.38% |
Analyzing the Weekly Flows
The EQ: Thematic channel attracted $1.42B in net inflows this week. The Infrastructure category dominated, pulling in $1.36B (on $51.0B AUM), while Natural Resources also saw healthy inflows of $245M. Conversely, Thematic – Multi-Sector experienced the largest outflows, shedding -$316M, followed by Evolving Consumer with -$156M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Infrastructure | 42 | $51.0B | $1,362M | $2,912M | $5,667M | $3,746M | $12,100M |
| Natural Resources | 56 | $58.2B | $245M | $5,889M | $10,307M | $7,393M | $13,101M |
| Midstream & MLPs | 17 | $23.7B | $105M | $336M | $603M | $293M | $1,374M |
| Precious Metals | 15 | $60.4B | $98M | $2,716M | $4,078M | $2,978M | $4,251M |
| FinTech | 26 | $4.3B | $63M | ($158M) | ($39M) | ($79M) | $252M |
| Industrial Revolution | 37 | $19.6B | $59M | $1,687M | $3,059M | $2,648M | $7,737M |
| Health Innovation | 23 | $2.3B | $47M | $101M | $201M | $180M | $142M |
| Sustainability | 27 | $7.6B | $29M | $232M | $631M | $400M | $911M |
| Alternative Equity | 9 | $2.3B | ($29M) | ($21M) | $69M | $5M | $624M |
| Disruptive Tech | 63 | $52.4B | ($87M) | $499M | $2,806M | $1,306M | $19,850M |
| Evolving Consumer | 46 | $14.5B | ($156M) | ($387M) | ($538M) | ($316M) | ($1,145M) |
| Thematic – Multi-Sector | 44 | $26.4B | ($316M) | $321M | $1,638M | $346M | $8,031M |
Top & Bottom 5 ETFs by 5-Day Flow
Smart grid infrastructure was a major theme, with GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund) pulling in a massive $746M. The XOVR (ERShares Private-Public Crossover ETF) saw the largest exit, shedding -$388M, followed by gold miner outflows in GDXJ (-$153M).
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund | $746M |
| GDX | VanEck Gold Miners ETF | $369M |
| PAVE | Global X U.S. Infrastructure Development ETF | $196M |
| AIRR | First Trust RBA American Industrial Renaissance ETF | $143M |
| BAI | iShares A.I. Innovation and Tech Active ETF | $86M |
| Outflows | ||
| XOVR | ERShares Private-Public Crossover ETF | ($388M) |
| GDXJ | VanEck Junior Gold Miners ETF | ($153M) |
| CIBR | First Trust NASDAQ Cybersecurity ETF | ($109M) |
| COPX | Global X Copper Miners ETF | ($105M) |
| FDN | First Trust Dow Jones Internet Index Fund | ($86M) |
Issuer League Table Update
Global X maintains the top spot in market share with 19.32%, followed by VanEck at 16.44%. First Trust was the winner in weekly flows, gathering $683M, while ERShares saw the most significant outflows of -$388M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 36 | $62.37B | 19.32% |
| VanEck | 18 | $53.07B | 16.44% |
| iShares | 33 | $51.68B | 16.01% |
| First Trust | 30 | $42.63B | 13.21% |
| ARK | 7 | $12.50B | 3.87% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| First Trust | $683M |
| VanEck | $326M |
| State Street | $271M |
| Outflows | |
| ERShares | ($388M) |
| Amplify | ($79M) |
| Roundhill | ($48M) |
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.
