Weekly Channel Summary
The EQ: Thematic ETF channel encompasses 105 issuers offering 411 distinct ETFs, with total assets under management currently standing at $348.6B. While the channel has attracted a massive $84.26B over the past year and $32.48B year-to-date, this past week saw a slight deceleration, resulting in a minor net outflow of $34M.
This Week’s Performance Leaders and Laggards
Midstream & MLPs took the top spot this week with a strong 3.86% return, bringing its year-to-date performance up to an impressive 21.30%. On the other end of the spectrum, Precious Metals lagged significantly, dropping -6.45% for the week, which dragged its year-to-date return down to just 2.92%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Midstream & MLPs | 3.86% | 3.92% | 13.07% | 25.74% | 21.30% | 27.45% |
| Alternative Equity | 3.04% | 9.59% | -5.36% | -3.81% | -6.44% | 0.23% |
| Sustainability | 2.30% | 12.01% | 11.87% | 17.08% | 21.61% | 79.48% |
| Disruptive Tech | 1.92% | 17.62% | 10.12% | 3.57% | 10.44% | 43.64% |
| Infrastructure | 1.51% | 9.20% | 13.30% | 20.11% | 21.52% | 46.29% |
| Industrial Revolution | 1.01% | 11.65% | 7.58% | 13.54% | 16.57% | 61.42% |
| Thematic – Multi-Sector | 0.77% | 12.97% | 6.02% | 3.50% | 8.15% | 38.63% |
| Natural Resources | 0.23% | 5.53% | 3.74% | 23.39% | 17.23% | 79.60% |
| Evolving Consumer | 0.05% | 8.83% | -1.88% | -7.64% | -5.33% | 15.74% |
| FinTech | -0.37% | 20.83% | 1.23% | -16.79% | 4.85% | 46.34% |
| Health Innovation | -0.75% | 1.51% | -3.52% | 4.33% | -1.57% | 32.31% |
| Precious Metals | -6.45% | -6.26% | -8.19% | 28.45% | 2.92% | 112.01% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing thematic ETF this week was the Global X Hydrogen ETF (HYDR), posting a staggering 13.95% return. Conversely, gold miners faced heavy pressure, with the iShares MSCI Global Gold Miners ETF (RING) and the Sprott Gold Miners ETF (SGDM) bringing up the rear, tumbling -8.19% and -8.07%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| HYDR | Global X Hydrogen ETF | 13.95% |
| LITP | Sprott Lithium Miners ETF | 9.17% |
| ILIT | iShares Lithium Miners and Producers ETF | 9.12% |
| WEED | Roundhill Cannabis ETF | 7.67% |
| LIMI | Themes Lithium & Battery Metal Miners ETF | 7.26% |
| Bottom Performers | ||
| SGDJ | Sprott Junior Gold Miners ETF | -7.37% |
| GDX | VanEck Gold Miners ETF | -7.56% |
| GOAU | U.S. Global GO GOLD and Precious Metal Miners ETF | -7.78% |
| SGDM | Sprott Gold Miners ETF | -8.07% |
| RING | iShares MSCI Global Gold Miners ETF | -8.19% |
Analyzing the Weekly Flows
Despite a minor net outflow of $34M across the broader channel, certain segments attracted massive capital. Disruptive Tech secured the top spot for inflows, bringing in $1,032M to push its category AUM up to $65.3B. Infrastructure also saw heavy demand, gathering $865M over the past five days. On the downside, Thematic – Multi-Sector experienced the steepest net redemptions, losing $1,215M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Disruptive Tech | 65 | $65.3B | $1,032M | $4,291M | $4,836M | $6,861M | $24,792M |
| Infrastructure | 43 | $60.5B | $865M | $3,654M | $6,864M | $9,589M | $19,370M |
| Sustainability | 27 | $8.7B | $73M | $265M | $412M | $721M | $1,458M |
| Health Innovation | 23 | $2.4B | $71M | $95M | $32M | $148M | $122M |
| Industrial Revolution | 42 | $22.8B | $43M | $1,254M | $2,737M | $5,325M | $9,932M |
| Midstream & MLPs | 17 | $26.4B | $18M | $252M | $905M | $1,049M | $2,001M |
| Alternative Equity | 9 | $2.5B | $16M | $191M | $253M | $287M | $845M |
| FinTech | 25 | $4.9B | ($23M) | $320M | ($185M) | ($22M) | $478M |
| Natural Resources | 56 | $61.1B | ($84M) | $762M | $3,209M | $9,679M | $16,629M |
| Evolving Consumer | 43 | $13.6B | ($404M) | ($159M) | ($1,678M) | ($1,779M) | ($2,479M) |
| Thematic – Precious Metals | 15 | $51.0B | ($427M) | ($735M) | ($2,911M) | ($379M) | $2,882M |
| Thematic – Multi-Sector | 45 | $29.4B | ($1,215M) | $677M | $728M | $1,003M | $8,233M |
Top & Bottom 5 ETFs by 5-Day Flow
The Roundhill Memory ETF (DRAM) was the undisputed leader in weekly asset gathering, pulling in $740M. Conversely, the ARK Innovation ETF (ARKK) and the First Trust Dow Jones Internet Index Fund (FDN) suffered the steepest redemptions, losing $1,524M and $275M respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| DRAM | Roundhill Memory ETF | $740M |
| PAVE | Global X U.S. Infrastructure Development ETF | $220M |
| AIRR | First Trust RBA American Industrial Renaissance ETF | $124M |
| IYZ | iShares U.S. Telecommunications ETF | $115M |
| XOVR | ERShares Private-Public Crossover ETF | $113M |
| Outflows | ||
| ARKQ | ARK Autonomous Technology & Robotics ETF | ($99M) |
| CGW | Invesco S&P Global Water Index ETF | ($126M) |
| GDX | VanEck Gold Miners ETF | ($241M) |
| FDN | First Trust Dow Jones Internet Index Fund | ($275M) |
| ARKK | ARK Innovation ETF | ($1,524M) |
Issuer League Table Update
Global X and iShares continue to command the thematic space, holding the top two spots with 19.04% and 16.90% market share respectively. However, Roundhill was the biggest winner in terms of recent capital allocation, gathering a massive $831M in weekly inflows. On the other hand, ARK experienced the heaviest redemptions among top issuers, registering $1,551M in net outflows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 37 | $66.37B | 19.04% |
| iShares | 33 | $58.93B | 16.90% |
| VanEck | 18 | $48.91B | 14.03% |
| First Trust | 30 | $46.88B | 13.45% |
| ARK | 7 | $13.27B | 3.81% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Roundhill | $831M |
| iShares | $390M |
| Global X | $300M |
| Outflows | |
| First Trust | ($120M) |
| VanEck | ($329M) |
| ARK | ($1,551M) |
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.
