Thematic ETFs noticed document inflows through the first quarter of this 12 months, albeit complete property have been down.
The thematic sector – which incorporates clear power, tech and infrastructure – had US$45.19 billion (€38.0 billlion) of inflows through the first quarter of the 12 months.
That figures compares to a previous document of $25.2 billion gathered over the identical interval at this level final 12 months, based on the information from ETFGI.
Nonetheless, property invested in thematic ETFs on the finish of the primary quarter have been solely the third highest ever, standing at $381.59 billion.
The product with the biggest inflows was the US-listed ARK Innovation ETF, which had gathered $1.67 billion on the finish of March.
Inflows to thematic funds weren’t fairly as massive as these to good beta fairness funds, which had year-to-date internet inflows of $57.40 billion, additionally a document for the ETF class.
For the reason that launch of the primary thematic ETF in 2001 (iShares North American Pure Sources ETF), the market has grown to 707 thematic ETFs comparable merchandise, with 1,352 listings from 187.
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