Weekly Channel Summary
The EQ: Thematic ETF channel encompasses 109 issuers and 445 ETFs, holding a combined $395.0 billion in Assets Under Management (AUM). Flow activity for the channel has been incredibly robust, accumulating $4.75 billion over the past five days alone. This recent surge pushes the channel’s Year-to-Date (YTD) net inflows to $55.82 billion and its 1-year trailing flows past the $100 billion mark, settling at an impressive $101.07 billion.
This Week’s Performance Leaders and Laggards
Midstream & MLPs led the Thematic channel’s weekly returns with a 2.01% Week-to-Date (WTD) gain, building on a strong 20.54% Year-to-Date (YTD) return. Conversely, Precious Metals was the primary lagging category, declining -12.69% WTD and deepening its YTD loss to -7.13%. FinTech also faced steep weekly headwinds, dropping -10.01% despite still holding onto a 6.92% gain for the year.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Midstream & MLPs | 2.01% | -1.17% | 2.52% | 18.44% | 20.54% | 23.33% |
| Evolving Consumer | 0.17% | 1.17% | 5.93% | -2.26% | -4.17% | 14.43% |
| Infrastructure | -1.29% | -1.24% | 7.64% | 20.43% | 21.18% | 36.86% |
| Alternative Equity | -2.40% | -6.35% | -0.43% | -12.16% | -11.84% | -10.51% |
| Health Innovation | -2.46% | -0.05% | 0.62% | -1.63% | -0.75% | 29.78% |
| Thematic – Multi-Sector | -4.24% | 3.06% | 13.48% | 10.10% | 13.00% | 31.93% |
| Disruptive Tech | -4.70% | 9.31% | 27.28% | 21.92% | 24.27% | 44.99% |
| Natural Resources | -4.84% | -5.01% | -1.86% | 14.54% | 10.97% | 54.62% |
| Sustainability | -5.51% | -0.24% | 14.27% | 20.71% | 23.02% | 64.49% |
| Industrial Revolution | -6.92% | 4.35% | 13.11% | 22.69% | 21.66% | 51.49% |
| FinTech | -10.01% | -4.05% | 11.13% | -0.64% | 6.92% | 33.68% |
| Precious Metals | -12.69% | -7.78% | -22.86% | 0.92% | -7.13% | 58.26% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at individual funds, the AdvisorShares Pure US Cannabis ETF (MSOS) dominated the week with an explosive 58.41% WTD return. On the opposite end of the spectrum, space-focused funds bore the brunt of the selling pressure, with the Global X Space Tech ETF (ORBX) dropping -20.68% and the VanEck Space ETF (WARP) falling -20.09% for the week.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MSOS | AdvisorShares Pure US Cannabis ETF | 58.41% |
| WEED | Roundhill Cannabis ETF | 24.66% |
| CNBS | Amplify Seymour Cannabis ETF | 9.13% |
| MLPX | Global X MLP & Energy Infrastructure ETF | 2.73% |
| MLPB | ETRACS Alerian MLP Infrastructure Index ETN Series B | 2.62% |
| Bottom Performers | ||
| ORBX | Global X Space Tech ETF | -20.68% |
| WARP | VanEck Space ETF | -20.09% |
| MARS | Roundhill Space & Technology ETF | -19.75% |
| JEDI | Defiance Drone and Modern Warfare ETF | -18.20% |
| NASA | Tema Space Innovators ETF | -17.91% |
Analyzing the Weekly Flows
The Thematic channel gathered $4.75 billion in net new money this week. Disruptive Tech captured the largest share of inflows, reeling in $2,525 million to bring its total AUM to $97.4 billion. Infrastructure also saw significant traction, gathering $612 million over the past five days. Meanwhile, the Midstream & MLPs category experienced the largest outflows, shedding -$101 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Disruptive Tech | 69 | $97.4B | $2,525M | $13,284M | $19,292M | $20,793M | $36,230M |
| Infrastructure | 44 | $65.1B | $612M | $3,261M | $8,363M | $13,287M | $22,071M |
| Industrial Revolution | 50 | $28.0B | $607M | $3,848M | $6,089M | $9,264M | $13,392M |
| Natural Resources | 57 | $61.9B | $599M | $1,177M | $2,248M | $11,024M | $18,582M |
| Sustainability | 28 | $10.7B | $323M | $918M | $1,295M | $1,730M | $2,669M |
| Evolving Consumer | 50 | $14.1B | $48M | $165M | -$102M | -$1,526M | -$1,573M |
| Thematic Precious Metals | 15 | $49.1B | $42M | -$297M | -$3,519M | -$1,107M | $2,124M |
| Alternative Equity | 9 | $2.4B | $23M | $44M | $356M | $340M | $790M |
| Health Innovation | 24 | $2.5B | $5M | -$53M | -$47M | $36M | $35M |
| Thematic Multi-Sector | 46 | $31.5B | -$57M | -$411M | $659M | $578M | $4,073M |
| FinTech | 28 | $5.5B | -$59M | -$67M | $171M | -$60M | $427M |
| Midstream & MLPs | 18 | $26.1B | -$101M | $176M | $758M | $1,253M | $2,040M |
Top & Bottom 5 ETFs by 5-Day Flow
The Roundhill Memory ETF (DRAM) was the undisputed leader in capital generation, securing an enormous $2,543 million in 5-day inflows. At the other end, the Roundhill Magnificent Seven ETF (MAGS) saw the largest redemption with -$721 million in outflows, followed closely by the iShares A.I. Innovation and Tech Active ETF (BAI), which lost -$619 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| DRAM | Roundhill Memory ETF | $2,543M |
| AGIX | KraneShares Public-Private AI & Technology ETF | $298M |
| AIQ | Global X Artificial Intelligence & Technology ETF | $244M |
| NASA | Tema Space Innovators ETF | $239M |
| XOVR | ERShares Private-Public Crossover ETF | $238M |
| Outflows | ||
| MAGS | Roundhill Magnificent Seven ETF | -$721M |
| BAI | iShares A.I. Innovation and Tech Active ETF | -$619M |
| THRO | iShares U.S. Thematic Rotation Active ETF | -$395M |
| MLPX | Global X MLP & Energy Infrastructure ETF | -$156M |
| CIBR | First Trust NASDAQ Cybersecurity ETF | -$86M |
Issuer League Table Update
Global X and iShares continue to dominate the Thematic ETF landscape, controlling 18.09% and 15.95% of the channel’s total market share, respectively. However, Roundhill stole the show in terms of immediate capital accumulation, gathering a massive $1,909 million in weekly inflows. Conversely, iShares experienced the heaviest outflows among top issuers, losing -$486 million over the past five days.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 38 | $71.39B | 18.09% |
| iShares | 33 | $62.94B | 15.95% |
| First Trust | 30 | $54.59B | 13.83% |
| VanEck | 20 | $47.02B | 11.91% |
| Roundhill | 11 | $23.58B | 5.97% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Roundhill | $1,909M |
| Global X | $531M |
| First Trust | $346M |
| Outflows | |
| iShares | -$486M |
| CoinShares | -$19M |
| Corgi | -$9M |
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.
