How concentrated are thematic ETFs?
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The typical thematic ETF holds 51% of its money in its ten largest positions. At the top of the range a fund is close to a bet on a handful of companies wearing the name of a theme.
Concentration is what a theme fund is for and also its main risk. A theme with few listed pure plays cannot be spread thinly. The fund holds a lot of the few names that exist, so its return is those names, not the idea.
Read it beside holdings count. Forty stocks with 60% in the top ten is a different fund from four hundred stocks with 60% in the top ten, and both are covered here.
On ETFIQ today
Answered from ETFIQ data as of Oct 28, 2026.| Ticker | Fund | Theme | Top ten | Holdings | In the S&P 500 | Total return 1Y |
|---|---|---|---|---|---|---|
| GXDW | Global X Dorsey Wright Thematic ETF | Broad innovation and megatrends | 100.1% | 5 | 0.0% | −9.8% |
| MJ | Amplify Alternative Harvest ETF | Cannabis | 100.0% | 10 | 0.0% | −29.2% |
| TCAN | 21Shares Canton Network ETF | Stablecoins and tokenisation | 95.2% | 2 | 0.0% | not published |
| CRPT | First Trust SkyBridge Crypto Industry and Digital Economy ETF | Blockchain and crypto equities | 90.3% | 20 | 20.5% | −35.9% |
| DISK | Tema Memory ETF | Memory and storage | 86.3% | 17 | 34.8% | not published |
| YOLO | AdvisorShares Pure Cannabis ETF | Cannabis | 85.3% | 18 | 0.0% | −18.5% |
| HYDR | Global X Hydrogen ETF | Clean energy | 84.4% | 25 | 2.8% | −8.5% |
| AINT | FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF | Artificial intelligence | 84.1% | 12 | 99.7% | not published |
| URNM | Sprott Uranium Miners ETF | Nuclear and uranium | 80.7% | 25 | 0.0% | −24.9% |
| KROP | Global X AgTech & Food Innovation ETF | Agriculture | 80.6% | 30 | 30.6% | +7.9% |
| DRAI | Draco Evolution AI ETF | Artificial intelligence | 80.3% | 8 | 0.0% | +7.0% |
| AIUP | FINQ FIRST U.S. Large Cap AI-Managed Equity ETF | Artificial intelligence | 77.7% | 15 | 100.0% | not published |
| WGMI | CoinShares Bitcoin Mining and Digital Power ETF | Blockchain and crypto equities | 77.1% | 27 | 2.5% | −44.9% |
| SIL | Global X Silver Miners ETF | Silver miners | 76.3% | 39 | 0.0% | +18.3% |
| ITA | iShares U.S. Aerospace & Defense ETF | Defense | 76.1% | 51 | 80.8% | −4.3% |
| IHI | iShares U.S. Medical Devices ETF | Therapeutics and medical devices | 75.9% | 51 | 88.2% | −11.3% |
| SHOC | Strive U.S. Semiconductor ETF | Semiconductors | 75.7% | 30 | 88.9% | +49.5% |
| ORBX | Global X Space Tech ETF | Space | 75.7% | 28 | 0.0% | not published |
| REXC | Sprott Rare Earths Ex-China ETF | Rare earth and critical materials | 75.3% | 41 | 0.0% | not published |
| COPP | Sprott Copper Miners ETF | Copper | 75.1% | 79 | 24.5% | +33.2% |
| SMHX | VanEck Fabless Semiconductor ETF | Semiconductors | 74.8% | 22 | 65.9% | +35.9% |
| BCOR | Grayscale Bitcoin Adopters ETF | Blockchain and crypto equities | 74.2% | 40 | 31.5% | −24.7% |
| GAMR | Amplify Video Game Leaders ETF | Gaming, esports and betting | 74.0% | 22 | 48.2% | −6.2% |
| NIKL | Sprott Nickel Miners ETF | Miners and metals | 73.9% | 26 | 0.0% | −21.5% |
| WARP | VanEck Space ETF | Space | 73.9% | 20 | 5.5% | not published |
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ETFIQ, How concentrated are thematic ETFs?, data as of Oct 28, 2026. https://etfiq.com/questions/how-concentrated-are-thematic-etfs
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