Weekly Channel Summary
The Thematic channel ended the week with $285.9 billion in total assets across 397 ETFs and 101 issuers. Investors showed strong conviction in the space, pouring in $2.45 billion in net inflows for the week. This positive momentum extends the channel’s year-to-date haul to $46.97 billion, with 1-year flows reaching $47.64 billion.
This Week’s Performance Leaders and Laggards
Precious Metals was the standout performer this week, surging 6.23% to extend its massive year-to-date gain to over 160%. Evolving Consumer also had a strong showing, rising over 4%. On the downside, Midstream & MLPs was the primary laggard, dropping 1.74%, though it remains up roughly 6.6% for the year. FinTech and Disruptive Tech also faced pressure, sliding 1.60% and 1.44% respectively.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 6.23% | 12.56% | 27.96% | 67.43% | 162.50% | 136.69% |
| Evolving Consumer | 4.18% | 1.19% | -2.08% | 17.36% | 21.15% | 15.75% |
| Natural Resources | 0.73% | 3.03% | 13.55% | 31.86% | 44.85% | 35.26% |
| Industrial Revolution | 0.64% | 0.42% | 7.21% | 21.60% | 30.97% | 27.38% |
| Alternative Equity | 0.59% | 3.32% | -3.56% | 0.94% | -0.21% | -0.55% |
| Health Innovation | -0.14% | 3.98% | 17.97% | 24.57% | 24.25% | 18.57% |
| Infrastructure | -0.21% | -0.40% | 4.05% | 12.32% | 22.19% | 17.29% |
| Sustainability | -0.70% | -3.16% | 11.17% | 27.62% | 35.54% | 30.74% |
| Thematic – Multi-Sector | -1.05% | -0.97% | 3.23% | 15.46% | 21.29% | 16.25% |
| Disruptive Tech | -1.44% | -2.51% | 1.77% | 14.27% | 21.53% | 16.68% |
| FinTech | -1.60% | -6.81% | -4.51% | 20.91% | 26.07% | 11.17% |
| Midstream & MLPs | -1.74% | 0.97% | 0.64% | 1.35% | 6.60% | 5.31% |
Top & Bottom 5 ETFs by Weekly Performance
Cannabis-focused funds dominated the leaderboard this week, with WEED (Roundhill Cannabis ETF) skyrocketing over 50%. In contrast, cryptocurrency-related funds faced headwinds, with WGMI (CoinShares Bitcoin Mining ETF) and HYDR (Global X Hydrogen ETF) dropping roughly 6%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| WEED | Roundhill Cannabis ETF | 50.98% |
| CNBS | Amplify Seymour Cannabis ETF | 49.97% |
| MJ | Amplify Alternative Harvest ETF | 45.21% |
| TOKE | Cambria Cannabis ETF | 21.77% |
| SIL | Global X Silver Miners ETF | 8.70% |
| Bottom Performers | ||
| WGMI | CoinShares Bitcoin Mining ETF | -6.27% |
| HYDR | Global X Hydrogen ETF | -5.88% |
| SPRX | Spear Alpha ETF | -4.51% |
| TRFK | Pacer Data and Digital Revolution ETF | -4.47% |
| STCE | Schwab Crypto Thematic ETF | -4.08% |
Analyzing the Weekly Flows
The channel attracted a robust $2.45 billion in net inflows this week. Natural Resources led all categories, gathering $595 million in new assets (Total AUM $43.1B), followed closely by Precious Metals which took in $534 million. Evolving Consumer was the only category to experience net outflows, shedding $36 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Natural Resources | 55 | $43.1B | $595M | $1,475M | $4,605M | $4,270M | $3,999M |
| Thematic – Precious Metals | 14 | $48.6B | $534M | $215M | $2,138M | ($1,039M) | ($1,057M) |
| Thematic – Multi-Sector | 40 | $26.9B | $467M | $457M | ($1,803M) | $6,929M | $6,671M |
| Infrastructure | 41 | $41.2B | $354M | $1,032M | $3,860M | $9,074M | $9,664M |
| Disruptive Tech | 62 | $55.7B | $343M | $1,445M | $10,020M | $20,254M | $21,171M |
| Industrial Revolution | 35 | $15.7B | $69M | $24M | $2,201M | $5,018M | $4,982M |
| Midstream & MLPs | 16 | $21.6B | $63M | $234M | $349M | $1,752M | $1,871M |
| Sustainability | 28 | $6.7B | $30M | $222M | $791M | $306M | $132M |
| Health Innovation | 23 | $2.3B | $20M | $45M | $113M | ($14M) | ($47M) |
| FinTech | 24 | $5.5B | $9M | $55M | ($332M) | $370M | $407M |
| Alternative Equity | 10 | $2.4B | $1M | ($9M) | $112M | $697M | $769M |
| Evolving Consumer | 45 | $16.1B | ($36M) | ($57M) | ($1,432M) | ($652M) | ($927M) |
Top & Bottom 5 ETFs by 5-Day Flow
XOVR (ERShares Private-Public Crossover ETF) took the top spot for inflows this week, pulling in $326 million. On the outflow side, GDXJ (VanEck Junior Gold Miners ETF) and XHB (State Street SPDR S&P Homebuilders ETF) saw the largest exits.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| XOVR | ERShares Private-Public Crossover ETF | $326M |
| GDX | VanEck Gold Miners ETF | $230M |
| XME | State Street SPDR S&P Metals & Mining ETF | $169M |
| ARKK | ARK Innovation ETF | $148M |
| SILJ | Amplify Junior Silver Miners ETF | $133M |
| Outflows | ||
| GDXJ | VanEck Junior Gold Miners ETF | -$69M |
| XHB | State Street SPDR S&P Homebuilders ETF | -$55M |
| ITB | iShares U.S. Home Construction ETF | -$40M |
| IYZ | iShares U.S. Telecommunications ETF | -$38M |
| MAGS | Roundhill Magnificent Seven ETF | -$23M |
Issuer League Table Update
Global X and iShares continue to lead the thematic space, controlling roughly 17% and 16% of the market respectively. Global X also led in weekly flows, gathering $558 million, while Goldman Sachs saw the largest outflows at $28 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 36 | $49.24B | 17.18% |
| iShares | 33 | $46.53B | 16.24% |
| VanEck | 18 | $44.38B | 15.49% |
| First Trust | 30 | $41.43B | 14.46% |
| ARK | 7 | $14.99B | 5.23% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Global X | $558M |
| ERShares | $326M |
| VanEck | $306M |
| Outflows | |
| Goldman Sachs | -$28M |
| Putnam | -$15M |
| The Future Fund | -$13M |
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.
