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Ark Invest’s proven track record in thematic investing has boosted sentiment across the space, said Christian Magoon, CEO of Amplify ETFs.
Led by Ark Founder, CEO and Chief Investment Officer Cathie Wood, the company’s actively managed ETFs have shown impressive performance over the years. Since their respective launches,
“She has… been a champion of investing in thematic ETFs,” Magoon told CNBC’s “ETF Edge” in an interview Monday. “She has proven that you can be active in certain topics and create alpha.”
Ark is largely focused on long-term growth through disruptive innovation. Tesla, Teladoc and Square are among its largest global holdings.
Magoon’s company manages a host of thematic ETFs, including Amplify’s popular online retail ETF (IBUY) and the all-new Amplify Thematic All Stars (MVPS) ETF, a fund that trades in the most popular stocks. among ETF investors.
Whether it’s Wood’s vision, the economic impact of the Covid pandemic, or a combination of catalysts, investors are more open to topics than ever before, said Jay Jacobs, senior vice president and head of research and strategy at Global X ETFs.
Thematic assets and ETFs have grown from around half of 1% of the total ETF industry before the pandemic to around 2.2% now, an increase of almost four, Jacobs said in the same interview. ETF Edge “.
Global X offers many thematic ETFs, including the US Infrastructure Development ETF (PAVE), the Lithium & Battery Technology ETF (LIT) and the Robotics & Artificial Intelligence ETF (BOTZ).
“We’ve seen thematic investing really get into the limelight over the last 18 months or so,” Jacobs said. “I think we’re really just getting started. But there have been a lot of accelerators recently.”
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