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Ranked by percent below the all-time high on the reinvested series, as of . Rebuilt every trading night.

The thematic ETFs furthest below their high

A deep drawdown says where a fund has been, not where it is going.

The thematic ETFs furthest below their high, ranked by percent below the all-time high on the reinvested series, as of Sep 4, 2026. Source: ETFIQ.
#TickerFundThemeBelow its highHigh setTotal return 1Y
1XDEFXtrackers Europe Defense Technologies ETFDefense−99.2%Jan 16, 2026not published
2MJAmplify Alternative Harvest ETFCannabis−94.4%Sep 20, 2018−17.9%
3CNBSAmplify Seymour Cannabis ETFCannabis−91.0%Feb 10, 2021+3.3%
4MSOSAdvisorShares Pure US Cannabis ETFCannabis−90.7%Feb 10, 2021+11.6%
5FTAGFirst Trust Indxx Global Agriculture ETFFood and agriculture−76.7%Jan 3, 2011+20.6%
6PBWInvesco WilderHill Clean Energy ETFClean energy−73.6%Feb 9, 2021+29.5%
7WEEDRoundhill Cannabis ETFCannabis−69.9%Apr 20, 2022+14.2%
8KWEBKraneShares CSI China Internet ETFInternet and e-commerce−69.8%Feb 17, 2021−27.2%
9ACESALPS Clean Energy ETFClean energy−68.4%Feb 9, 2021+5.1%
10HYDRGlobal X Hydrogen ETFClean energy−67.9%Nov 8, 2021+80.4%
11EWEBGlobal X Emerging Markets Internet & E-commerce ETFInternet and e-commerce−65.3%Feb 16, 2021+0.0%
12EMFQAmplify Emerging Markets FinTech ETFFintech and digital payments−63.5%Feb 16, 2021+0.0%
13TANInvesco Solar ETFClean energy−60.4%Feb 9, 2021+14.3%
14GXDWGlobal X Dorsey Wright Thematic ETFBroad innovation and megatrends−59.9%Feb 10, 2021−7.2%
15ARKGARK Genomic Revolution ETFGenomics and biotech innovation−57.8%Jan 20, 2021+89.3%

Method

Measured on total return with distributions reinvested, from the fund's own highest point since listing. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.

Where to next

A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

Cite this page. ETFIQ, The thematic ETFs furthest below their high, ranked by percent below the all-time high on the reinvested series, data as of Sep 4, 2026. https://etfiq.com/rankings/themes-furthest-below-high.html Free to use with attribution; the underlying files are at Open data.