Weekly Channel Summary
The EQ: Thematic channel ended the week with a total of $328.4 billion in Assets Under Management (AUM) across 407 ETFs from 106 issuers. The channel experienced positive momentum, attracting $1,529 million in net flows over the past 5 days. This continues a strong long-term trend, pushing Year-to-Date (YTD) flows to $23,766 million and 1-Year flows to an impressive $73,480 million.
This Week’s Performance Leaders and Laggards
FinTech was the standout category this week, posting a robust 7.24% Week-to-Date (WTD) return, despite remaining down 6.38% for the year. Conversely, Midstream & MLPs lagged the group, finishing flat at 0.00% WTD, although it remains the strongest category on a Year-to-Date basis with a 17.53% gain.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| FinTech | 7.24% | 0.04% | -14.12% | -25.65% | -6.38% | 54.49% |
| Precious Metals | 5.07% | -6.93% | 6.38% | 35.31% | 13.80% | 138.38% |
| Infrastructure | 4.35% | 4.21% | 13.15% | 17.97% | 16.40% | 51.78% |
| Industrial Revolution | 4.18% | 1.49% | 1.17% | 11.23% | 9.03% | 62.01% |
| Sustainability | 4.11% | 3.75% | 8.18% | 15.02% | 12.58% | 77.44% |
| Natural Resources | 4.05% | 1.52% | 7.32% | 23.77% | 14.93% | 90.62% |
| Thematic – Multi-Sector | 3.65% | 0.65% | -4.20% | -0.12% | -0.28% | 39.09% |
| Disruptive Tech | 2.57% | -0.60% | -5.95% | -4.05% | -3.30% | 38.04% |
| Evolving Consumer | 1.75% | -2.28% | -12.67% | -13.95% | -11.39% | 19.34% |
| Alternative Equity | 0.79% | 0.33% | -15.07% | -7.72% | -13.38% | -1.50% |
| Health Innovation | 0.07% | -1.92% | -5.80% | 8.42% | -2.76% | 48.38% |
| Midstream & MLPs | 0.00% | 1.47% | 16.99% | 22.97% | 17.53% | 30.80% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing thematic ETF this week was the CoinShares Bitcoin Mining ETF (WGMI), which surged 17.92%. On the other end of the spectrum, cloud computing strategies struggled, with the WisdomTree Cloud Computing Fund (WCLD) and the Global X Cloud Computing ETF (CLOU) shedding 13.27% and 11.23%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| WGMI | CoinShares Bitcoin Mining ETF | 17.92% |
| MNRS | Grayscale Bitcoin Miners ETF | 13.83% |
| AIS | VistaShares Artificial Intelligence Supercycle ETF | 13.49% |
| BKCH | Global X Blockchain ETF | 13.27% |
| DECO | State Street Galaxy Digital Asset Ecosystem ETF | 12.78% |
| Bottom Performers | ||
| WCLD | WisdomTree Cloud Computing Fund | -13.27% |
| CLOU | Global X Cloud Computing ETF | -11.23% |
| WCBR | WisdomTree Cybersecurity Fund | -11.08% |
| BUG | Global X Cybersecurity ETF | -9.09% |
| HACK | Amplify Cybersecurity ETF | -7.86% |
Analyzing the Weekly Flows
The thematic channel generated a net positive flow of $1,529 million over the past week. The Infrastructure category led the way, bringing in $594 million to push its total AUM to $55.2 billion. Disruptive Tech also saw significant interest, gathering $384 million. On the downside, Evolving Consumer experienced the heaviest outflows, losing $94 million over the 5-day period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Infrastructure | 42 | $55.2B | $594M | $1,621M | $5,960M | $6,648M | $16,346M |
| Disruptive Tech | 63 | $54.7B | $384M | $1,552M | $2,517M | $3,068M | $21,192M |
| Industrial Revolution | 40 | $21.1B | $243M | $1,050M | $3,717M | $4,315M | $9,112M |
| Natural Resources | 56 | $59.1B | $208M | $802M | $8,058M | $9,278M | $15,393M |
| Alternative Equity | 9 | $2.2B | $57M | $164M | $150M | $162M | $735M |
| Thematic – Precious Metals | 15 | $57.0B | $52M | -$1,967M | $266M | $419M | $2,782M |
| Thematic – Multi-Sector | 45 | $26.8B | $35M | $547M | $442M | $410M | $7,177M |
| Sustainability | 27 | $7.7B | $16M | $88M | $330M | $470M | $1,178M |
| Midstream & MLPs | 17 | $25.5B | $15M | $376M | $941M | $874M | $1,865M |
| Health Innovation | 23 | $2.2B | $11M | -$24M | -$20M | $61M | -$35M |
| FinTech | 25 | $4.2B | $8M | -$101M | -$404M | -$335M | $146M |
| Evolving Consumer | 45 | $12.7B | -$94M | -$246M | -$1,442M | -$1,603M | -$2,411M |
Top & Bottom 5 ETFs by 5-Day Flow
On an individual fund level, the iShares A.I. Innovation and Tech Active ETF (BAI) dominated, pulling in an impressive $305 million in new assets. Conversely, the ARK Innovation ETF (ARKK) and the First Trust Dow Jones Internet Index Fund (FDN) faced the steepest redemptions, bleeding $158 million and $96 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BAI | iShares A.I. Innovation and Tech Active ETF | $305M |
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund | $227M |
| SHLD | Global X Defense Tech ETF | $159M |
| MAGS | Roundhill Magnificent Seven ETF | $126M |
| XME | State Street SPDR S&P Metals & Mining ETF | $124M |
| Outflows | ||
| ARKK | ARK Innovation ETF | -$158M |
| FDN | First Trust Dow Jones Internet Index Fund | -$96M |
| AIQ | Global X Artificial Intelligence & Technology ETF | -$34M |
| SILJ | Amplify Junior Silver Miners ETF | -$34M |
| UMI | USCF Midstream Energy Income Fund ETF | -$30M |
Issuer League Table Update
Global X and iShares continue to battle for the top spot in the thematic space, holding 19.32% and 16.71% of the total AUM market share, respectively. Roundhill was the biggest winner in the weekly flows race, successfully gathering $537 million in new assets. Meanwhile, ARK suffered the largest net outflows among top issuers, shedding $149 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Global X | 37 | $63.54B | 19.32% |
| iShares | 33 | $54.95B | 16.71% |
| VanEck | 18 | $52.22B | 15.87% |
| First Trust | 30 | $43.05B | 13.09% |
| Alerian | 2 | $12.63B | 3.84% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Roundhill | $537M |
| iShares | $449M |
| Global X | $242M |
| Outflows | |
| ARK | -$149M |
| Amplify | -$34M |
| USCF Advisers | -$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.
