Weekly Channel Summary
The EQ: Thematic channel encompasses 414 ETFs across 106 issuers, managing a robust $364B in total assets. This past week saw strong positive momentum with $6.05B in net inflows. This weekly burst contributes to a persistent longer-term growth trend, bringing year-to-date (YTD) flows to $38.54B and 1-year flows to an impressive $90.76B.
This Week’s Performance Leaders and Laggards
Precious Metals led the thematic channel this week with a stellar 8.30% WTD return, pushing its YTD performance to 11.47%. FinTech and Disruptive Tech also posted strong weekly gains of 7.80% and 7.58%, respectively. Conversely, Midstream & MLPs lagged the group, shedding -2.27% over the past five days, though it remains firmly positive on a YTD basis at 18.51%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 8.30% | -1.07% | -1.67% | 41.01% | 11.47% | 120.12% |
| FinTech | 7.80% | 21.82% | 19.64% | -4.75% | 13.69% | 53.96% |
| Disruptive Tech | 7.58% | 21.12% | 22.52% | 16.19% | 18.74% | 50.27% |
| Industrial Revolution | 3.65% | 10.13% | 11.46% | 23.10% | 20.82% | 61.45% |
| Thematic – Multi-Sector | 3.51% | 12.35% | 12.08% | 10.63% | 11.99% | 40.05% |
| Natural Resources | 1.43% | 3.73% | 5.81% | 29.75% | 18.89% | 78.39% |
| Sustainability | 1.41% | 11.26% | 11.81% | 18.70% | 23.44% | 76.42% |
| Health Innovation | 0.96% | 0.75% | -0.75% | 8.60% | -0.55% | 37.90% |
| Infrastructure | 0.07% | 5.34% | 10.13% | 21.67% | 21.85% | 43.89% |
| Evolving Consumer | 0.04% | 5.88% | 0.52% | -4.86% | -5.31% | 14.65% |
| Alternative Equity | -1.05% | 6.40% | -1.57% | -4.03% | -7.53% | -2.97% |
| Midstream & MLPs | -2.27% | 0.37% | 8.48% | 20.88% | 18.51% | 23.41% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at specific funds, the Roundhill Memory ETF (DRAM) was the absolute standout, soaring 27.71% for the week. On the downside, the ProShares Pet Care ETF (PAWZ) and REX Drone ETF (DRNZ) struggled, declining -6.27% and -4.29%, respectively.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| DRAM | Roundhill Memory ETF | 27.71% |
| MNRS | Grayscale Bitcoin Miners ETF | 21.14% |
| WGMI | CoinShares Bitcoin Mining ETF | 20.50% |
| BKCH | Global X Blockchain ETF | 16.66% |
| DECO | State Street Galaxy Digital Asset Ecosystem ETF | 16.55% |
| Bottom Performers | ||
| Ticker | Fund Name | WTD Performance |
| PAWZ | ProShares Pet Care ETF | -6.27% |
| DRNZ | REX Drone ETF | -4.29% |
| USAI | Pacer American Energy Infrastructure ETF | -3.89% |
| NBET | Neuberger Energy Transition & Infrastructure ETF | -3.83% |
| SHLD | Global X Defense Tech ETF | -3.80% |
Analyzing the Weekly Flows
The Thematic channel experienced robust activity with $6,040M in net inflows this week. Disruptive Tech commanded the lion’s share of new money, hauling in $3,781M to boost its total AUM to $73.5B. Infrastructure also witnessed significant buying interest, gathering $1,334M. Conversely, Precious Metals faced head-winds, suffering the largest category outflows at -$517M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Disruptive Tech | 65 | $73.5B | $3,781M | $7,474M | $9,249M | $10,642M | $28,457M |
| Infrastructure | 43 | $61.9B | $1,334M | $4,662M | $8,962M | $10,923M | $20,681M |
| Natural Resources | 56 | $62.3B | $369M | $910M | $2,900M | $10,048M | $17,294M |
| Industrial Revolution | 42 | $23.6B | $361M | $1,393M | $3,098M | $5,686M | $10,220M |
| Sustainability | 27 | $9.1B | $321M | $571M | $671M | $1,042M | $1,785M |
| Evolving Consumer | 43 | $13.9B | $183M | -$14M | -$1,439M | -$1,595M | -$1,976M |
| FinTech | 25 | $5.5B | $146M | $468M | $265M | $124M | $623M |
| Thematic Multi-Sector | 45 | $30.5B | $77M | $770M | $428M | $1,092M | $8,253M |
| Midstream & MLPs | 17 | $25.9B | $40M | $234M | $902M | $1,090M | $2,026M |
| Alternative Equity | 9 | $2.5B | $18M | $160M | $271M | $305M | $814M |
| Health Innovation | 23 | $2.4B | -$74M | $17M | -$60M | $74M | $64M |
| Thematic Precious Metals | 15 | $52.8B | -$517M | -$1,429M | -$3,776M | -$897M | $2,509M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the Roundhill Memory ETF (DRAM) dominated the inflows chart, absorbing a massive $2,682M. On the outflow side, gold-focused strategies faced pressure, with the VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ) experiencing the steepest redemptions of -$296M and -$125M, respectively.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| DRAM | Roundhill Memory ETF | $2,682M |
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure ETF | $417M |
| BAI | iShares A.I. Innovation and Tech Active ETF | $315M |
| PAVE | Global X U.S. Infrastructure Development ETF | $207M |
| AGIX | KraneShares Artificial Intelligence & Technology ETF | $184M |
| Outflows | ||
| Ticker | Fund Name | 5-Day Flow |
| GDX | VanEck Gold Miners ETF | -$296M |
| GDXJ | VanEck Junior Gold Miners ETF | -$125M |
| ARKK | ARK Innovation ETF | -$112M |
| ARKG | ARK Genomic Revolution ETF | -$89M |
| COPX | Global X Copper Miners ETF | -$73M |
Issuer League Table Update
Global X and iShares continue to battle for supremacy in the thematic space, controlling 18.95% and 16.88% of market share, respectively. However, Roundhill emerged as the dominant force in terms of weekly flows, gathering a massive $2,650M. Meanwhile, VanEck experienced the most significant weekly outflows among top issuers, shedding -$219M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 37 | $68.97B | 18.95% |
| iShares | 33 | $61.41B | 16.88% |
| VanEck | 18 | $50.22B | 13.80% |
| First Trust | 30 | $49.02B | 13.47% |
| ARK | 7 | $13.56B | 3.73% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| Roundhill | $2,650M |
| iShares | $928M |
| Global X | $760M |
| Outflows | |
| Brand | 5-Day Flow |
| VanEck | -$219M |
| ARK | -$92M |
| JPMorgan | -$30M |
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.
