Health Innovation Defies Broad Thematic Sell-Off; Multi-Sector & Tech Lead Inflows

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Weekly Channel Summary

The EQ: Thematic channel currently tracks 101 issuers across 394 ETFs, managing a total of $257B in assets. For the week, the channel saw net inflows of $0.35B, contributing to a Year-to-Date total of $41.68B and a 1-Year total of $44.11B.

This Week’s Performance Leaders and Laggards

Health Innovation was the standout performer this week, posting a gain of 2.49% WTD, maintaining a strong YTD return of 21.23%. On the other end of the spectrum, FinTech lagged significantly, dropping -7.11% for the week, though it remains up 15.04% YTD.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Health Innovation 2.49% 3.70% 17.95% 31.50% 21.23% 16.17%
Midstream & MLPs -0.81% 2.36% -0.15% 2.90% 5.65% 1.44%
Alternative Equity -1.44% -3.40% -8.27% -3.43% -6.16% -4.62%
Infrastructure -2.23% -3.83% 2.89% 10.97% 17.20% 11.47%
Evolving Consumer -2.73% -9.69% -7.47% 9.47% 11.62% 8.28%
Natural Resources -3.31% -2.90% 10.76% 30.09% 33.67% 21.04%
Thematic – Multi-Sector -3.46% -6.52% 3.28% 14.88% 15.24% 13.63%
Industrial Revolution -4.63% -8.67% 3.34% 16.50% 20.23% 19.65%
Precious Metals -4.63% -1.70% 26.61% 53.09% 117.54% 98.07%
Sustainability -4.84% -5.12% 10.29% 27.05% 29.39% 25.34%
Disruptive Tech -5.06% -8.58% 3.40% 13.56% 14.86% 14.62%
FinTech -7.11% -23.37% -1.28% 16.28% 15.04% 5.88%

Top & Bottom 5 ETFs by Weekly Performance

The ARKG (ARK Genomic Revolution ETF) took the top spot for weekly performance. Conversely, the HYDR (Global X Hydrogen ETF) and CRPT (First Trust SkyBridge Crypto Industry & Digital Economy ETF) were the week’s primary laggards.

Ticker Fund Name WTD Performance
Top Performers
ARKG ARK Genomic Revolution ETF 7.79%
BBC Virtus LifeSci Biotech Clinical Trials ETF 6.98%
HELX Franklin Genomic Advancements ETF 5.08%
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 4.30%
SURI Simplify Propel Opportunities ETF 4.22%
Bottom Performers
HYDR Global X Hydrogen ETF -13.35%
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF -11.78%
BKCH Global X Blockchain ETF -10.80%
CTEX ProShares S&P Kensho Cleantech ETF -10.48%
OWNB Bitwise Bitcoin Standard Corporations ETF -9.93%

Analyzing the Weekly Flows

The channel saw a total net flow of $353M this week. The Thematic Multi-Sector category led the way with $401M in inflows, supported by its $24.0B AUM. Disruptive Tech also saw significant positive movement with $248M in inflows, while the Thematic Precious Metals category experienced the largest outflows, shedding $400M.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Thematic – Multi-Sector 40 $24.0B $401M $261M $1,026M $6,258M $5,846M
Disruptive Tech 62 $50.3B $248M $2,481M $10,562M $19,130M $20,809M
Natural Resources 54 $38.4B $86M ($247M) $3,662M $2,928M $3,310M
Sustainability 28 $6.1B $56M $428M $712M $197M $1M
Evolving Consumer 45 $15.0B $55M ($1,033M) ($403M) ($580M) ($1,501M)
Infrastructure 41 $38.1B $40M $949M $3,851M $8,086M $9,571M
Midstream & MLPs 16 $21.1B $40M $62M $128M $1,516M $1,827M
Health Innovation 23 $2.0B ($21M) ($105M) ($56M) ($134M) ($240M)
Alternative Equity 10 $2.2B ($25M) ($22M) $144M $682M $833M
FinTech 24 $4.7B ($53M) ($199M) $89M $249M $406M
Industrial Revolution 35 $14.4B ($74M) $262M $2,221M $4,933M $4,938M
Thematic – Precious Metals 14 $40.4B ($400M) ($217M) $1,788M ($1,584M) ($1,687M)

Top & Bottom 5 ETFs by 5-Day Flow

The BAI (iShares A.I. Innovation and Tech Active ETF) led all ETFs with significant weekly inflows. Meanwhile, the GDX (VanEck Gold Miners ETF) and XME (State Street SPDR S&P Metals & Mining ETF) experienced the largest outflows for the week.

Ticker Fund Name 5-Day Flow
Inflows
BAI iShares A.I. Innovation and Tech Active ETF $286M
THRO iShares U.S. Thematic Rotation Active ETF $236M
FDN First Trust Dow Jones Internet Index Fund $204M
ARKK ARK Innovation ETF $162M
URA Global X Uranium ETF $149M
Outflows
GDX VanEck Gold Miners ETF -$366M
XME State Street SPDR S&P Metals & Mining ETF -$90M
MAGS Roundhill Magnificent Seven ETF -$73M
AIRR First Trust RBA American Industrial Renaissance ETF -$69M
QTUM Defiance Quantum ETF -$68M

Issuer League Table Update

Global X and iShares continue to lead the channel, holding the top two spots for market share. iShares gathered the most in weekly inflows with $506M, while VanEck saw the largest outflows of -$429M.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Global X 35 $44.70B 17.41%
iShares 33 $42.34B 16.49%
First Trust 30 $38.27B 14.90%
VanEck 18 $38.07B 14.83%
ARK 7 $12.72B 4.95%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $506M
First Trust $183M
ARK $153M
Outflows
VanEck -$429M
Roundhill -$112M
Defiance -$70M

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.