Tech Draws Cash While Cannabis, Precious Metals Drive Returns

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Weekly Channel Summary

The EQ: Thematic ETF channel encompasses a broad universe of 410 ETFs from 105 distinct brands, managing a combined $317B in total Assets Under Management (AUM). Over the past week, the channel attracted a positive net flow of $1.09B. This recent activity bolsters an already strong year, bringing Year-to-Date (YTD) net flows to $22.25B and total 1-Year flows to an impressive $71.73B across thematic segments.

This Week’s Performance Leaders and Laggards

Precious Metals led the pack this week with an outstanding 9.77% Week-to-Date (WTD) return, pushing its YTD performance to a solid 8.33%. Health Innovation and Disruptive Tech also posted strong weekly gains of 5.22% and 4.65%, respectively. On the other end of the spectrum, Midstream & MLPs was the primary laggard, dropping -2.32% for the week, though it still maintains a robust 17.55% gain YTD.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Precious Metals 9.77% -20.66% 8.99% 28.60% 8.33% 126.85%
Health Innovation 5.22% -4.11% -2.80% 8.54% -2.86% 33.22%
Disruptive Tech 4.65% -3.23% -6.60% -8.91% -5.98% 23.42%
Industrial Revolution 4.39% -6.21% 2.25% 3.65% 4.54% 42.69%
Evolving Consumer 4.23% -4.95% -13.36% -19.17% -12.99% 7.86%
Thematic – Multi-Sector 3.94% -4.94% -5.03% -6.03% -3.97% 24.43%
Alternative Equity 3.64% -2.64% -14.74% -13.71% -14.04% -13.42%
Natural Resources 3.15% -8.54% 8.09% 18.92% 10.52% 65.38%
Infrastructure 2.72% -3.73% 9.62% 11.98% 11.48% 34.89%
FinTech 2.49% -8.18% -16.39% -29.26% -12.79% 25.48%
Sustainability 2.11% -2.83% 5.04% 10.00% 8.20% 55.01%
Midstream & MLPs -2.32% -0.30% 16.34% 18.36% 17.55% 13.33%

Top & Bottom 5 ETFs by Weekly Performance

Drilling down into individual funds, the WEED (Roundhill Cannabis ETF) emerged as the single best-performing ETF for the week with a staggering 17.71% return. Conversely, energy infrastructure funds faced headwinds, with USAI (Pacer American Energy Infrastructure ETF) and AMZA (InfraCap MLP ETF) posting the steepest declines at -4.16% and -3.01%, respectively.

Ticker Fund Name WTD Performance
Top Performers
WEED Roundhill Cannabis ETF 17.71%
MSOS AdvisorShares Pure US Cannabis ETF 17.01%
CNBS Amplify Seymour Cannabis ETF 15.09%
MARS Roundhill Space & Technology ETF 14.78%
JEDI Defiance Drone and Modern Warfare ETF 14.65%
Bottom Performers
USAI Pacer American Energy Infrastructure ETF -4.16%
AMZA InfraCap MLP ETF -3.01%
ENFR Alerian Energy Infrastructure ETF -3.00%
MLPX Global X MLP & Energy Infrastructure ETF -2.91%
NBET Neuberger Energy Transition & Infrastructure ETF -2.83%

Analyzing the Weekly Flows

Overall, thematic ETFs experienced a positive net flow of $1,070M over the past five days. Disruptive Tech captured the highest share of these inflows, drawing $531M to its $52.4B asset base. Infrastructure was another significant beneficiary, recording $272M in net new assets. Conversely, Thematic – Precious Metals faced the largest redemptions, bleeding $236M in outflows this week.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Disruptive Tech 63 $52.4B $531M $1,347M $2,724M $2,685M $20,768M
Infrastructure 42 $52.1B $272M $1,338M $5,935M $6,054M $15,432M
Thematic – Multi-Sector 45 $25.9B $226M $420M $823M $375M $7,524M
Evolving Consumer 45 $12.3B $151M ($653M) ($1,508M) ($1,508M) ($2,094M)
Midstream & MLPs 17 $25.2B $87M $402M $861M $859M $1,765M
Industrial Revolution 40 $20.3B $63M $1,124M $4,052M $4,072M $8,904M
Sustainability 27 $7.5B $62M ($57M) $449M $454M $1,088M
Alternative Equity 9 $2.1B $33M $117M $103M $104M $687M
Health Innovation 23 $2.2B ($20M) ($31M) $39M $49M ($40M)
Natural Resources 56 $57.4B ($43M) $672M $9,110M $9,070M $15,061M
FinTech 25 $3.9B ($57M) ($101M) ($339M) ($343M) $111M
Thematic – Precious Metals 15 $55.4B ($236M) ($2,231M) $352M $367M $2,510M

Top & Bottom 5 ETFs by 5-Day Flow

Among individual funds, the BAI (iShares A.I. Innovation and Tech Active ETF) gathered the most absolute momentum this week, netting $294M in inflows. Capital flight was most pronounced in Natural Resources and Infrastructure, with the COPX (Global X Copper Miners ETF) and GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund) suffering the heaviest 5-day outflows of -$123M and -$121M, respectively.

Ticker Fund Name 5-Day Flow
Inflows
BAI iShares A.I. Innovation and Tech Active ETF $294M
ARKK ARK Innovation ETF $129M
IGF iShares Global Infrastructure ETF $114M
XTL State Street SPDR S&P Telecom ETF $108M
ITB iShares U.S. Home Construction ETF $89M
Outflows
COPX Global X Copper Miners ETF -$123M
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund -$121M
SIL Global X Silver Miners ETF -$82M
GNR State Street SPDR S&P Global Natural Resources ETF -$78M
GDX VanEck Gold Miners ETF -$55M

Issuer League Table Update

Global X and iShares maintain their positions as the top two issuers in the thematic space by AUM, controlling 19.35% and 16.43% of the market share, respectively. In terms of short-term flow dynamics, iShares gathered the most in weekly inflows with $535M across its thematic products. Meanwhile, Global X, the overall market share leader, experienced the largest net outflows over the past five days at -$113M.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Global X 37 $61.28B 19.35%
iShares 33 $52.03B 16.43%
VanEck 18 $50.54B 15.96%
First Trust 30 $41.50B 13.11%
Alerian 2 $12.49B 3.95%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $535M
SPDR $200M
ARK $140M
Outflows
Global X -$113M
State Street -$48M
Amplify -$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.