Weekly Channel Summary
The EQ: Thematic channel currently holds $340B in total Assets Under Management (AUM) across 408 ETFs and 105 issuers. Over the past week, the space saw strong positive momentum, gathering $1.50B in net new assets. This builds upon a broader trend of robust asset gathering, with year-to-date inflows reaching $19.38B and an impressive $67.03B over the trailing one-year period.
This Week’s Performance Leaders and Laggards
Precious Metals and Natural Resources were the standout performance categories this week, climbing 10.02% and 3.72% respectively. Both segments are also riding high year-to-date, up 37.09% and 20.95%. On the other end of the spectrum, Alternative Equity lagged the broader thematic space, dropping -4.21% for the week, pushing its year-to-date loss to -13.03%. Sustainability also faced headwinds, ending the week down -1.27%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 10.02% | 22.27% | 47.60% | 103.10% | 37.09% | 229.91% |
| Natural Resources | 3.72% | 6.87% | 26.59% | 42.91% | 20.95% | 81.56% |
| Midstream & MLPs | 1.28% | 8.63% | 15.17% | 16.20% | 16.43% | 15.21% |
| FinTech | 1.21% | -9.52% | -15.36% | -9.13% | -6.56% | 22.75% |
| Health Innovation | 1.14% | -0.03% | -0.42% | 20.62% | 1.83% | 22.36% |
| Infrastructure | 0.87% | 7.88% | 14.71% | 21.58% | 15.55% | 38.56% |
| Evolving Consumer | 0.32% | -3.39% | -4.58% | -11.34% | -6.68% | 7.52% |
| Thematic – Multi-Sector | 0.17% | -1.12% | 0.02% | 6.22% | 0.90% | 21.70% |
| Industrial Revolution | 0.09% | 2.19% | 14.77% | 20.52% | 10.87% | 44.85% |
| Disruptive Tech | -0.20% | -3.30% | -3.26% | 1.81% | -3.13% | 16.98% |
| Sustainability | -1.27% | 2.20% | 9.41% | 24.65% | 10.86% | 54.88% |
| Alternative Equity | -4.21% | -11.96% | -11.04% | -16.84% | -13.03% | -15.66% |
Top & Bottom 5 ETFs by Weekly Performance
Among individual funds, the Sprott Silver Miners & Physical Silver ETF (SLVR) was the standout performer, surging 14.38% for the week. Conversely, clean energy funds faced steep declines, with the ProShares S&P Kensho Cleantech ETF (CTEX) and the ALPS Clean Energy ETF (ACES) bringing up the rear, plunging -8.51% and -8.16%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SLVR | Sprott Silver Miners & Physical Silver ETF | 14.38% |
| REMX | VanEck Rare Earth and Strategic Metals ETF | 12.94% |
| LIMI | Themes Lithium & Battery Metal Miners ETF | 11.98% |
| DMAT | Global X Disruptive Materials ETF | 11.25% |
| SILJ | Amplify Junior Silver Miners ETF | 11.21% |
| Bottom Performers | ||
| CTEX | ProShares S&P Kensho Cleantech ETF | -8.51% |
| ACES | ALPS Clean Energy ETF | -8.16% |
| TAN | Invesco Solar ETF | -7.23% |
| CNRG | State Street SPDR S&P Kensho Clean Power ETF | -6.70% |
| GPZ | VanEck Alternative Asset Manager ETF | -6.22% |
Analyzing the Weekly Flows
The Thematic channel attracted a net $1,498M in new capital over the past five days. Natural Resources led the charge, pulling in $872M to bring its total assets to $61.7B. Infrastructure also saw intense buying activity, gathering $739M. Conversely, Evolving Consumer experienced the heaviest redemptions, bleeding -$374M for the week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Natural Resources | 56 | $61.7B | $872M | $3,730M | $10,854M | $8,213M | $13,873M |
| Infrastructure | 42 | $53.0B | $739M | $3,032M | $6,270M | $4,564M | $12,552M |
| Industrial Revolution | 38 | $20.5B | $202M | $478M | $3,402M | $2,928M | $7,965M |
| Midstream & MLPs | 17 | $24.5B | $158M | $432M | $597M | $479M | $1,424M |
| Thematic Precious Metals | 15 | $69.0B | $95M | $468M | $4,148M | $2,377M | $4,124M |
| Disruptive Tech | 63 | $52.9B | $90M | ($1M) | $2,434M | $1,364M | $19,726M |
| Sustainability | 27 | $8.0B | $49M | $194M | $628M | $495M | $1,055M |
| Health Innovation | 23 | $2.5B | $41M | $64M | $222M | $174M | $31M |
| Alternative Equity | 9 | $2.2B | ($2M) | ($49M) | $77M | ($11M) | $570M |
| FinTech | 25 | $4.4B | ($23M) | ($396M) | ($166M) | ($228M) | $112M |
| Thematic Multi-Sector | 45 | $26.8B | ($349M) | ($810M) | $693M | ($365M) | $7,130M |
| Evolving Consumer | 46 | $14.5B | ($374M) | ($694M) | ($872M) | ($613M) | ($1,534M) |
Top & Bottom 5 ETFs by 5-Day Flow
On an individual fund basis, the First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund (GRID) dominated inflows, taking in an impressive $301M. Conversely, the ERShares Private-Public Crossover ETF (XOVR) and the First Trust Dow Jones Internet Index Fund (FDN) suffered the heaviest losses, shedding -$634M and -$396M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund | $301M |
| COPX | Global X Copper Miners ETF | $287M |
| ARKK | ARK Innovation ETF | $221M |
| PAVE | Global X U.S. Infrastructure Development ETF | $180M |
| XME | State Street SPDR S&P Metals & Mining ETF | $118M |
| Outflows | ||
| XOVR | ERShares Private-Public Crossover ETF | ($634M) |
| FDN | First Trust Dow Jones Internet Index Fund | ($396M) |
| MAGS | Roundhill Magnificent Seven ETF | ($89M) |
| ITB | iShares U.S. Home Construction ETF | ($59M) |
| CCNR | ALPS CoreCommodity Natural Resources ETF | ($56M) |
Issuer League Table Update
Global X and VanEck continue to lead the thematic ETF space, commanding 19.36% and 17.64% of total market share, respectively. Global X was also the biggest winner in the latest weekly flows, gathering $884M in new assets. On the downside, ERShares faced the steepest redemptions among issuers, shedding -$634M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 36 | $65.79B | 19.36% |
| VanEck | 18 | $59.94B | 17.64% |
| iShares | 33 | $53.68B | 15.80% |
| First Trust | 30 | $43.24B | 12.73% |
| ARK | 7 | $13.28B | 3.91% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Global X | $884M |
| VanEck | $296M |
| ARK | $237M |
| Outflows | |
| ERShares | ($634M) |
| Roundhill | ($87M) |
| ALPS | ($44M) |
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.
