Weekly Channel Summary
The Thematic ETF channel encompasses 107 issuers and 439 ETFs, managing a total of $385.0B in Assets Under Management (AUM). Overall flow activity was robust this past week, capturing $3.99B in net new money. This builds upon a strong long-term trend, with Year-to-Date (YTD) flows sitting at $51.04B and 1-Year flows totaling $96.88B.
This Week’s Performance Leaders and Laggards
Precious Metals and Disruptive Tech led the thematic universe this week, delivering strong Week-to-Date (WTD) returns of 5.46% and 5.36%, respectively. Both categories also showcase impressive Year-to-Date (YTD) gains. On the flip side, Midstream & MLPs lagged significantly, dropping -5.72% for the week, despite maintaining a solid double-digit positive return YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 5.46% | 2.80% | -22.54% | 14.34% | 6.20% | 99.97% |
| Disruptive Tech | 5.36% | 20.03% | 33.77% | 30.46% | 30.20% | 55.79% |
| FinTech | 4.66% | 13.86% | 26.56% | 8.24% | 19.11% | 56.47% |
| Industrial Revolution | 4.54% | 13.06% | 16.13% | 34.22% | 29.45% | 63.34% |
| Thematic – Multi-Sector | 3.67% | 9.85% | 17.16% | 16.25% | 18.09% | 40.87% |
| Evolving Consumer | 2.65% | 0.49% | 2.50% | -2.19% | -4.84% | 12.93% |
| Sustainability | 2.63% | 7.48% | 17.97% | 28.74% | 30.80% | 80.03% |
| Health Innovation | 2.58% | 3.49% | -0.34% | -0.05% | 1.89% | 38.84% |
| Natural Resources | 2.10% | -0.67% | -3.44% | 22.20% | 16.75% | 69.63% |
| Alternative Equity | 1.25% | -2.67% | 3.36% | -7.89% | -9.70% | -8.87% |
| Infrastructure | 0.54% | 0.73% | 5.97% | 22.45% | 22.96% | 40.62% |
| Midstream & MLPs | -5.72% | -3.57% | 1.75% | 16.71% | 18.04% | 22.26% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing thematic ETF this week was the Defiance Drone and Modern Warfare ETF (JEDI), surging 24.65%. The primary laggards were the Global X MLP & Energy Infrastructure ETF (MLPX) and the Pacer American Energy Infrastructure ETF (USAI), declining -7.19% and -6.84% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| JEDI | Defiance Drone and Modern Warfare ETF | 24.65% |
| DRNZ | REX Drone ETF | 20.05% |
| DRAM | Roundhill Memory ETF | 18.52% |
| BZZ | Corgi Drones & Urban Air Mobility ETF | 15.79% |
| ARKG | ARK Genomic Revolution ETF | 12.86% |
| Bottom Performers | ||
| MLPX | Global X MLP & Energy Infrastructure ETF | -7.19% |
| USAI | Pacer American Energy Infrastructure ETF | -6.84% |
| PIPE | Invesco SteelPath MLP & Energy Infrastructure ETF | -6.72% |
| EINC | VanEck Energy Income ETF | -6.62% |
| ENFR | Alerian Energy Infrastructure ETF | -6.57% |
Analyzing the Weekly Flows
The Thematic channel experienced a robust $3,988M in total net inflows this week. Disruptive Tech was the primary driver, capturing an impressive $2,669M in inflows and boosting its category AUM to $89.6B. Industrial Revolution also saw significant positive momentum, taking in $1,760M. Conversely, Thematic Multi-Sector faced the heaviest redemptions, bleeding -$914M in weekly outflows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Disruptive Tech | 69 | $89.6B | $2,669M | $11,527M | $16,898M | $18,267M | $34,021M |
| Industrial Revolution | 49 | $27.6B | $1,760M | $3,364M | $5,718M | $8,650M | $12,580M |
| Infrastructure | 44 | $63.8B | $394M | $3,498M | $8,093M | $12,675M | $21,668M |
| Sustainability | 28 | $10.5B | $167M | $722M | $911M | $1,407M | $2,259M |
| Midstream & MLPs | 18 | $26.0B | $147M | $377M | $888M | $1,353M | $2,153M |
| Natural Resources | 57 | $60.6B | $19M | $88M | $2,217M | $10,425M | $17,858M |
| Alternative Equity | 9 | $2.4B | $16M | $38M | $327M | $316M | $778M |
| Evolving Consumer | 50 | $14.0B | -$12M | -$121M | -$936M | -$1,575M | -$1,472M |
| Health Innovation | 24 | $2.5B | -$14M | -$70M | -$144M | $31M | $17M |
| FinTech | 28 | $5.7B | -$60M | -$3M | $226M | -$1M | $466M |
| Thematic – Precious Metals | 15 | $49.3B | -$185M | -$1,083M | -$3,527M | -$1,149M | $2,346M |
| Thematic – Multi-Sector | 46 | $33.1B | -$914M | -$698M | $998M | $636M | $4,198M |
Top & Bottom 5 ETFs by 5-Day Flow
The Roundhill Memory ETF (DRAM) was the standout for the week across the thematic landscape, attracting a massive $1,477M in net new money. On the other end of the spectrum, the iShares U.S. Thematic Rotation Active ETF (THRO) and the iShares U.S. Telecommunications ETF (IYZ) faced the steepest redemptions, with outflows of -$1,869M and -$114M respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| DRAM | Roundhill Memory ETF | $1,477M |
| NASA | Tema Space Innovators ETF | $1,156M |
| XOVR | ERShares Private-Public Crossover ETF | $580M |
| ARKK | ARK Innovation ETF | $334M |
| QTUM | Defiance Quantum ETF | $306M |
| Outflows | ||
| THRO | iShares U.S. Thematic Rotation Active ETF | -$1,869M |
| IYZ | iShares U.S. Telecommunications ETF | -$114M |
| DAPP | VanEck Digital Transformation ETF | -$69M |
| GDX | VanEck Gold Miners ETF | -$52M |
| SIL | Global X Silver Miners ETF | -$48M |
Issuer League Table Update
Global X and iShares continue to dominate the thematic landscape, holding the top two spots with 18.28% and 16.79% of the AUM market share, respectively. However, Roundhill was the biggest winner in terms of short-term asset gathering, securing an impressive $1,541M in weekly inflows. Meanwhile, iShares experienced the heaviest weekly outflows among top issuers, shedding -$1,694M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 38 | $70.38B | 18.28% |
| iShares | 33 | $64.62B | 16.79% |
| First Trust | 30 | $52.04B | 13.52% |
| VanEck | 19 | $46.95B | 12.19% |
| Roundhill | 11 | $19.99B | 5.19% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Roundhill | $1,541M |
| Tema | $1,160M |
| ERShares | $580M |
| Outflows | |
| iShares | -$1,694M |
| VanEck | -$72M |
| Alerian | -$6M |
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.
