{"url":"https://etfiq.com/questions/how-concentrated-are-thematic-etfs","section":"questions","title":"How concentrated are thematic ETFs? | ETFIQ","description":"The typical thematic ETF holds 51% of its money in its ten largest positions. Concentration is what a theme fund is for and also its main risk.","as_of":"Oct 28, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"How concentrated are thematic ETFs?","acceptedAnswer":{"@type":"Answer","text":"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."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Questions","item":"https://etfiq.com/questions/"},{"@type":"ListItem","position":3,"name":"How concentrated are thematic ETFs?","item":"https://etfiq.com/questions/how-concentrated-are-thematic-etfs"}]},{"@type":"WebPage","name":"How concentrated are thematic ETFs?","description":"The typical thematic ETF holds 51% of its money in its ten largest positions. Concentration is what a theme fund is for and also its main risk.","url":"https://etfiq.com/questions/how-concentrated-are-thematic-etfs","dateModified":"2026-10-28","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4095,"truncated":false,"content":"ETFIQ / Questions / How concentrated are thematic ETFs? \n \n Answered from ETFIQ data as of Oct 28, 2026 .\n How concentrated are thematic ETFs?\n 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.\n 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.\n 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.\n The ten largest positions of every fund are listed on its own page, with the filing date they came from.\n On ETFIQ today\n Ticker Fund Theme Top ten Holdings In the S&P 500 Total return 1Y \n GXDW Global X Dorsey Wright Thematic ETF Broad innovation and megatrends 100.1% 5 0.0% \u22129.8% \n MJ Amplify Alternative Harvest ETF Cannabis 100.0% 10 0.0% \u221229.2% \n TCAN 21Shares Canton Network ETF Stablecoins and tokenisation 95.2% 2 0.0% not published \n CRPT First Trust SkyBridge Crypto Industry and Digital Economy ETF Blockchain and crypto equities 90.3% 20 20.5% \u221235.9% \n DISK Tema Memory ETF Memory and storage 86.3% 17 34.8% not published \n YOLO AdvisorShares Pure Cannabis ETF Cannabis 85.3% 18 0.0% \u221218.5% \n HYDR Global X Hydrogen ETF Clean energy 84.4% 25 2.8% \u22128.5% \n AINT FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF Artificial intelligence 84.1% 12 99.7% not published \n URNM Sprott Uranium Miners ETF Nuclear and uranium 80.7% 25 0.0% \u221224.9% \n KROP Global X AgTech & Food Innovation ETF Agriculture 80.6% 30 30.6% +7.9% \n DRAI Draco Evolution AI ETF Artificial intelligence 80.3% 8 0.0% +7.0% \n AIUP FINQ FIRST U.S. Large Cap AI-Managed Equity ETF Artificial intelligence 77.7% 15 100.0% not published \n WGMI CoinShares Bitcoin Mining and Digital Power ETF Blockchain and crypto equities 77.1% 27 2.5% \u221244.9% \n SIL Global X Silver Miners ETF Silver miners 76.3% 39 0.0% +18.3% \n ITA iShares U.S. Aerospace & Defense ETF Defense 76.1% 51 80.8% \u22124.3% \n IHI iShares U.S. Medical Devices ETF Therapeutics and medical devices 75.9% 51 88.2% \u221211.3% \n SHOC Strive U.S. Semiconductor ETF Semiconductors 75.7% 30 88.9% +49.5% \n ORBX Global X Space Tech ETF Space 75.7% 28 0.0% not published \n REXC Sprott Rare Earths Ex-China ETF Rare earth and critical materials 75.3% 41 0.0% not published \n COPP Sprott Copper Miners ETF Copper 75.1% 79 24.5% +33.2% \n SMHX VanEck Fabless Semiconductor ETF Semiconductors 74.8% 22 65.9% +35.9% \n BCOR Grayscale Bitcoin Adopters ETF Blockchain and crypto equities 74.2% 40 31.5% \u221224.7% \n GAMR Amplify Video Game Leaders ETF Gaming, esports and betting 74.0% 22 48.2% \u22126.2% \n NIKL Sprott Nickel Miners ETF Miners and metals 73.9% 26 0.0% \u221221.5% \n WARP VanEck Space ETF Space 73.9% 20 5.5% not published \n \n Where to next\n Sources\n Fund holdings from SEC Form N-PORT and from the issuers\u2019 own daily files SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n ETFIQ is an independent publisher and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, How concentrated are thematic ETFs?, data as of Oct 28, 2026. https://etfiq.com/questions/how-concentrated-are-thematic-etfs Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, How concentrated are thematic ETFs?, data as of Oct 28, 2026. https://etfiq.com/questions/how-concentrated-are-thematic-etfs APA ETFIQ. (Oct 28, 2026). How concentrated are thematic ETFs?. Retrieved from https://etfiq.com/questions/how-concentrated-are-thematic-etfs Markdown [How concentrated are thematic ETFs? (ETFIQ, Oct 28, 2026)](https://etfiq.com/questions/how-concentrated-are-thematic-etfs)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, How concentrated are thematic ETFs?, data as of Oct 28, 2026. https://etfiq.com/questions/how-concentrated-are-thematic-etfs"}