Theme returns table

Rank every theme by return across daily, calendar, and earnings horizons—plus custom date windows. Filter by group or vintage year; click a column to sort, shift-click for a secondary sort.

943 themes · 12 metrics

Groups

Years

Sector ETFs

Click a header to sort. Shift+click adds secondary sort.

Software '24: CyberSecurity

PANW, FTNT, NET, CRWD, ZS, CHKP +2

+0.33%

+2.93%

+12.51%

+6.67%

-4.70%

+30.59%

+25.72%

+8.88%

+42.05%

+173.43%

+63.89%

+23.97%

Agentic Utilities '26: Last Mile Telephony

TWLO, BAND, SINCH.ST, NET, AKAM, FSLY +3

+0.64%

+3.77%

+12.24%

+9.92%

-1.72%

+25.27%

+94.05%

+117.11%

+227.28%

+25.43%

+95.31%

+163.85%

AI Short '26: AI-Obsolete Software

SAP, CRM, SPGI, NOW, DDOG, ADBE +9

+1.35%

+1.65%

+11.37%

-6.74%

-1.30%

-7.27%

+25.93%

+34.48%

+23.84%

+9.90%

-17.06%

+30.90%

China '24: Tech Conglom

0700.HK, TCEHY, BABA, NTES, 3690.HK, BIDU +1

+0.19%

-0.60%

+10.56%

+7.63%

+1.93%

-2.47%

-14.16%

+0.17%

+25.61%

-34.67%

-3.23%

-7.63%

Euro Spend '26: European Shipbuilding

LDO.MI, HAG.XETRA, TKMS.XETRA, FNCNF, KMAR.OL, RR.LSE

-1.22%

-1.92%

+10.09%

+5.95%

-2.83%

+2.85%

+1.09%

-1.61%

+108.05%

+399.95%

-9.62%

+32.01%

Data Owners '25: Cybersecurity & Threat Intelligence

CRWD, PANW, MSFT, FTNT, ZS, NET +14

+0.75%

+2.88%

+9.91%

+4.73%

-3.25%

+2.37%

+33.81%

+21.85%

+57.56%

+60.00%

+66.34%

+43.06%

AI Short '26: Mizuho Least AI-Resilient Software

ZM, PATH, NICE, BILL, RNG, FIVN +2

-0.15%

+2.41%

+9.82%

-3.99%

-2.81%

+8.58%

-3.96%

-9.90%

+5.12%

+76.39%

+0.46%

+3.93%

AI '26: Vibe Coding Tools

GOOG, SHOP, CRM, NET, PYPL, TWLO +6

+0.56%

+2.43%

+9.64%

+7.31%

+8.02%

-4.30%

+30.27%

+42.65%

+90.10%

+303.45%

+42.02%

+58.61%

Agentic Utilities '26: CDNs

NET, AKAM, LUMN, 300017.SHE, FSLY

+0.07%

+2.57%

+9.43%

+9.28%

-13.18%

+26.52%

+55.93%

+103.71%

+268.55%

+128.53%

+20.11%

+129.18%

AI '25: AI-Ready Design

APP, CRM, HOOD, ADP, ADBE, WDAY +10

+1.18%

+1.99%

+9.26%

+5.67%

-0.25%

+14.60%

-20.42%

-22.20%

+10.39%

-5.28%

+19.55%

-13.92%

Energy Bottleneck '26: US Refiners

VLO, MPC, PSX, DINO, PBF, PARR +3

-0.14%

-0.08%

+9.07%

+7.03%

+1.15%

+11.96%

+68.87%

+67.14%

+85.11%

+224.08%

+39.82%

+118.60%

Alt & Market Data '24: Market Data

SPGI, CME, ICE, DB1.XETRA, NDAQ, MSCI +6

+0.67%

-0.17%

+9.04%

+5.32%

+1.01%

-4.74%

-5.72%

-17.26%

+10.28%

+39.79%

-1.97%

-11.90%

Brokerages & Exchanges '26: Index & ETF Specialists

BLK, STT, IVZ, WT, SPGI, MSCI +3

-0.26%

+2.64%

+8.87%

+5.33%

+2.05%

+4.18%

+12.84%

+22.94%

+63.29%

+26.04%

+8.59%

+42.66%

Natural Disasters Long '24: Risk Transfer & Analytics

MRSH, AON, AJG, WTW, GWRE, AXS

-0.45%

-0.63%

+8.79%

+4.10%

-1.91%

+10.53%

-6.90%

-10.71%

+14.43%

+29.05%

+1.83%

-14.40%

Healthcare Long '25: AI-powered Healthcare IT

THC, PRVA, TDOC, TBRG, OPRX, DH

+0.04%

+0.78%

+8.78%

+2.89%

+0.69%

+14.39%

-14.01%

-17.01%

+20.26%

-54.02%

+8.59%

+0.65%

Rare Diseases '25: Platform Biotechs & Pipelines

ARGX, ROIV, BBIO, BMRN

+0.75%

+4.21%

+8.72%

+8.18%

-3.92%

+44.69%

+25.51%

+88.10%

+118.29%

+91.32%

+21.40%

+101.28%

Trump Grift Era '25: Trump Media

RUM, DJT, NMAX

+0.66%

+0.85%

+8.65%

-0.35%

-5.92%

-4.41%

-3.50%

-36.79%

-51.78%

-49.39%

+18.03%

-52.86%

Infra Built in ZIRP '25: Digital Infra

WDAY, TWLO, ZM, HUBS, DOCU, FSLY +1

+0.78%

+2.14%

+8.44%

+5.96%

+6.91%

+6.52%

+2.59%

+9.48%

+63.56%

-57.02%

+17.79%

+19.79%

Child Care '24: Child Monitoring

BFAM, KLC, OWLT

+1.97%

+3.00%

+8.43%

+3.14%

-15.19%

+13.45%

-21.94%

-25.30%

-22.80%

-70.13%

+1.96%

-10.85%

Data Owners '25: Financial Markets & Risk Info

SPGI, MCO, FDS, LSEG.L, ICE, MSCI +11

+0.69%

-0.28%

+8.28%

+4.54%

+0.94%

+0.66%

-9.46%

-17.32%

+1.49%

+24.06%

-3.50%

-13.68%

Retail Shopping '26: Online Department Store

AMZN, MELI, PDD, CPNG, BABA, SE +8

+0.40%

+1.04%

+8.25%

+5.72%

+0.48%

-4.41%

+0.33%

+6.61%

+34.69%

+90.74%

+8.68%

+19.43%

Software '24: Other Software

INFY, FROG, PRGS

-0.22%

+2.26%

+7.93%

+2.66%

+3.09%

-3.11%

+0.69%

+11.78%

+17.48%

-20.76%

+22.66%

+13.90%

Video & News '24: Anime

3791.T, 6758.T, 7832.T, 9602.T, 9468.T, 4816.T +2

0.00%

-0.63%

+7.90%

+6.70%

-0.75%

+5.27%

-2.47%

-19.96%

+40.41%

+6.83%

+0.34%

-13.61%

Thematic Momo Short '25: Consumer AI Apps

GOOGL, DUOL, LMND, UPST, SOUN, ODD

+0.70%

+1.27%

+7.85%

-1.35%

-9.93%

+6.25%

+16.05%

+23.40%

-82.56%

-218.43%

-25.67%

-6.63%

Brokerages & Exchanges '26: Retail & Digital Brokerage

SCHW, IBKR, HOOD, FUTU, MS, VIRT +7

+1.04%

+1.65%

+7.82%

+4.78%

-3.87%

+22.83%

+8.06%

+13.63%

+127.35%

+106.22%

+18.05%

+49.46%

Global Defense '26: European Warfare & Defense

RHM.XETRA, BA.LSE, HO.PA, SAAB-B.ST, KOG.OL, LDO.MI +11

-1.23%

-2.60%

+7.73%

+0.90%

-0.43%

-1.91%

-4.84%

-9.90%

+104.09%

+34.31%

-16.47%

+24.55%

Brokerages & Exchanges '26: Global Exchange Operators

ICE, CME, NDAQ, LSEG.LSE, 0388.HK, DB1.XETRA +14

+0.41%

+0.11%

+7.51%

+4.67%

+1.31%

-7.64%

+1.73%

-0.21%

+49.24%

+37.52%

-5.17%

+11.73%

NatGas '25: LNG Infra

LNG, CQP, VG, GLNG, NEXT, FLNG +1

-0.44%

-0.47%

+7.39%

+4.98%

-1.27%

+3.39%

+20.73%

-10.92%

+10.06%

+4.11%

-4.71%

Education '24: Higher Education & Trade Schools

LAUR, CVSA, LOPE, LRN, UTI, PRDO +6

-1.11%

+0.49%

+7.33%

+2.03%

+0.60%

+8.87%

+30.80%

+28.82%

+106.90%

+135.13%

+14.52%

+47.56%

Brokerages & Exchanges '26: Financial Research

MORN, FDS, LSEG.LSE, SPGI, MCO, MSCI +3

+1.11%

-0.14%

+7.32%

+4.17%

+0.38%

+5.58%

-7.74%

-21.73%

-4.66%

+22.75%

+3.85%

-13.16%

Supply Shock in MidEast Long '26: Oil Tankers

FRO, INSW, STNG, TRMD, DHT, TNK +4

+0.99%

-3.79%

+7.30%

+10.07%

-1.51%

-5.20%

+97.56%

+153.98%

+97.98%

+374.09%

+16.20%

+195.90%

MedTech Long '25: Consumer Platforms

OSCR, HQY, PGNY, GDRX, DH

-0.82%

+0.08%

+7.28%

+0.53%

+11.45%

+26.02%

+2.51%

-11.34%

-9.33%

-54.78%

+42.77%

+7.19%

Asset Managers '26: Wealth & Private Banking

MS, UBS, SCHW, LPLA, AMP, RJF +8

+0.17%

+1.48%

+7.25%

+4.42%

-0.76%

+12.37%

+12.16%

+25.48%

+68.35%

+112.00%

+17.07%

+46.24%

Fiscal Spend Short '25: ESG Software

SPGI, MCO, MSCI, TRI, CWAN, WK +1

-0.17%

+0.48%

+7.25%

-2.96%

+0.42%

-4.69%

+11.77%

+15.70%

+0.05%

-20.13%

+1.34%

+10.84%

Business Services '26: Agentic Systems of Action

CRM, NOW, PLTR, DOCU, MSFT, ORCL +9

+0.88%

+1.19%

+7.24%

+4.47%

-5.89%

-5.17%

-33.11%

-38.11%

-11.84%

-13.58%

-3.80%

-28.27%

Alt & Market Data '26: Risk Analytics

SPGI, MCO, RELX, FICO, VRSK, EFX +2

+0.45%

+0.19%

+7.17%

+4.52%

+1.04%

+5.70%

-19.30%

-30.31%

-17.62%

+21.56%

-6.26%

-27.28%

China '24: HealthTech

0241.HK, 0874.HK, 1877.HK, 1833.HK, 0546.HK, 2158.HK

+1.62%

-1.98%

+7.16%

+10.16%

-0.09%

-20.72%

-23.39%

-11.04%

+37.08%

-76.93%

-26.38%

-2.17%

Data Owners '25: Consumer Purchase Data

WMT, NIQ, AMZN, SHOP, KR, CART +12

+0.49%

+0.84%

+7.15%

+5.62%

-1.41%

-4.71%

-1.88%

+0.06%

+29.23%

+36.16%

+1.68%

+9.34%

Asset Managers '26: Alt Asset Managers

BX, KKR, APO, ARES, BAM, CG +9

+0.49%

+2.47%

+7.14%

+3.59%

-1.47%

-5.31%

-20.91%

-23.86%

+1.23%

+44.67%

+3.93%

-14.27%

AI '24: AI Software

PLTR, PANW, SPGI, CDNS, ADBE, ADSK +3

+0.07%

+1.71%

+7.14%

+3.11%

-5.19%

+7.30%

-8.18%

-16.36%

+11.58%

+72.40%

+12.97%

+6.21%

Consumer Attention '24: U.S. Social Media

META, RDDT, PINS, MTCH, SNAP, GRND +3

+0.15%

+2.25%

+7.11%

+1.99%

-8.06%

+6.06%

-5.27%

-13.60%

-2.95%

+62.17%

+17.52%

+3.65%

Child Care '24: Daycare

BFAM, KLC, 2749.T, GEM.AU, EVO.AU, MFD.AU

-0.51%

-0.89%

+7.10%

+4.01%

-14.93%

+10.56%

-32.28%

-36.43%

-51.18%

-46.95%

-20.38%

-45.66%

Payments '24: B2B, SMB Payments

INTU, PAYX, CPAY, WEX, BILL, QTWO +1

+0.28%

+1.37%

+7.09%

+3.89%

-10.06%

-2.08%

-14.82%

-20.58%

-8.05%

-18.86%

-0.41%

-16.86%

AI '25: Apps & Edge Deployment

META, IBM, APP, SPGI, NOW, EL.PA +18

+0.56%

+0.81%

+7.05%

+3.18%

-6.63%

+7.43%

-12.27%

-15.85%

+26.03%

+66.80%

+14.42%

-3.03%

China '25: Chinese SaaS

688008.SHG, 600588.SHG, 3888.HK, 0268.HK, 1675.HK, 0596.HK +1

-1.03%

+1.66%

+7.00%

+5.29%

+5.07%

+38.93%

-26.98%

-25.88%

+34.52%

-10.52%

-19.19%

-23.58%

Stagflation Short '25: Platform Econ Under Pressure

SHOP, UBER, DASH, SE

+0.81%

+2.38%

+6.95%

-3.89%

+2.33%

-10.56%

+12.54%

-0.49%

-69.43%

+13.01%

-5.44%

-7.81%

Payments '24: Global Payments

BABA, MELI, SE, CPNG, ADYEY, GPN +7

+0.04%

+1.63%

+6.94%

+1.64%

-0.23%

-4.90%

-2.66%

+4.62%

+22.78%

-42.20%

+10.81%

+17.72%

Data Owners '25: Enterprise Workflow Data

CRM, NOW, MSFT, ORCL, SAP, WDAY +14

+0.90%

+1.25%

+6.90%

+4.11%

-3.56%

-3.93%

-24.90%

-29.74%

-6.31%

-12.41%

+3.76%

-19.18%

Consumer Attention '24: Chinese Social Media

0700.HK, WBD, 3690.HK, BIDU, BILI, MOMO

-0.57%

-0.56%

+6.86%

+3.93%

+1.92%

-0.94%

-15.28%

+6.98%

+41.43%

-40.27%

-10.75%

+13.30%

Agentic Utilities '26: Governance & Zerotrust

PANW, DDOG, OKTA, ZS, DT, SAIL

+1.36%

+2.32%

+6.81%

+1.58%

+5.68%

+24.36%

+27.69%

+16.64%

+38.34%

+103.98%

+64.24%

+35.69%

Data Owners '25: Consumer Ecosystems & Social Graphs

META, GOOGL, AAPL, MSFT, 0700.HK, RDDT +11

+0.52%

+0.92%

+6.81%

+2.95%

+1.89%

+1.55%

-7.15%

+1.13%

+30.48%

+3.47%

+4.76%

+21.12%

Infra Built in ZIRP '25: HC Platforms

VEEV, GH, EXAS, DOCS, GDRX, OPRX

+0.29%

+1.46%

+6.68%

+0.38%

-1.40%

+25.14%

-9.46%

-1.30%

+55.56%

-34.94%

+18.20%

+22.09%

Insurance Short '25: Insurtech

LMND, FTDR, TRUP, ROOT, HIPO

-0.31%

-0.30%

+6.62%

-0.52%

+0.60%

-13.64%

-6.29%

-0.81%

-112.13%

+52.38%

-15.63%

-25.60%

Modern Warfare '26: Greenland & Arctic Defense

KOG.OL, TKMS.XETRA, TDY, PNG.V, SAAB-B.ST, GD +8

-0.55%

-1.16%

+6.61%

+3.32%

-3.37%

+2.61%

+11.73%

+22.13%

+115.46%

+102.77%

-15.57%

+54.58%

Trump Grift Era '25: Trump Bro Invested

HUT, UMAC, PEW, PUSA

+0.61%

+2.74%

+6.53%

+5.11%

+24.31%

+8.07%

+65.02%

+40.81%

+203.32%

+186.69%

+54.41%

+81.90%

Rare Diseases '25: CNS/Neuro

VRTX, KYMR, DNLI, BHVN, ANNX

-0.69%

+1.27%

+6.45%

+4.01%

-0.08%

+20.10%

+43.74%

+86.34%

+49.72%

+78.44%

+24.19%

+115.83%

Data Owners '25: Employment, Labor & Professional Graphs

MSFT, ADP, 6098.T, PAYX, WDAY, EFX +12

+0.91%

+0.48%

+6.30%

+3.94%

-4.32%

-1.72%

-8.84%

-19.35%

-7.87%

-37.82%

+14.34%

-15.03%

Fiscal Spend '24: Jet Makers

AIR.PA, BA, GD, LDO.MI, SAAB-B.ST, AM.PA +2

-0.72%

-0.62%

+6.25%

+2.33%

+5.00%

+3.01%

+3.99%

+11.82%

+79.95%

+51.76%

-7.05%

+35.19%

Tobacco '24: Next-Gen Nicotine & Vaping

6969.HK, RLX, TPB, HAYPP.ST, 3318.HK, ISPR +3

+2.01%

+4.52%

+6.24%

+4.89%

-6.57%

-12.51%

-18.44%

-30.43%

-45.88%

-94.33%

-14.96%

-25.31%

Infra Built in ZIRP '25: Next-Gen FinPlatforms

HOOD, AFRM, SOFI, LMND, HAPN, WLTH +1

+0.13%

+2.34%

+6.23%

+2.13%

-12.35%

+51.24%

-3.63%

+15.33%

+178.32%

+56.63%

+37.42%

+59.38%

Earned Wage Access '26: Partnered On-Demand Pay

ADP, GEN, DAY, PAYC, PCTY

+0.96%

+0.53%

+6.21%

+3.16%

+7.02%

+12.78%

-7.19%

-17.20%

+13.50%

+0.67%

+11.65%

-15.36%

Supply Shock in MidEast Long '26: Western Fuel Stations

CVX, BP, VLO, MPC, PSX, CASY +8

+0.48%

-1.01%

+6.21%

+5.89%

+1.10%

-2.11%

+47.17%

+50.23%

+65.99%

+136.24%

+25.00%

+67.48%

GLP-1 Short '24: Professional Services

MRSH, PAYX, WTW, RHI, TNET, NSP

+0.60%

-0.34%

+6.18%

-3.15%

+2.54%

-7.78%

-4.83%

+16.03%

+21.28%

-6.72%

-29.15%

+28.65%

Small Themes '26: Insurance Marketing & Lead Gen

QNST, EVER, MAX, NRDS, TREE, SLQT

+0.48%

+0.91%

+6.17%

+1.74%

+8.14%

+20.44%

-9.16%

-4.07%

+2.01%

-75.17%

+25.16%

-8.89%

Euro Spend '25: Defense, Aero & Security

AIR.PA, BA, SAF.PA, RHM.XETRA, LDO.MI, ESE +6

-0.88%

-0.91%

+6.16%

+0.66%

+3.88%

-0.09%

+6.63%

+8.52%

+106.59%

+67.66%

-9.62%

+50.66%

AI '25: Servers, Storage & Compute Systems

DELL, HPE, CLS, P, SMCI, NTNX +2

-0.25%

+3.29%

+6.11%

+5.00%

+27.05%

+2.97%

+84.45%

+116.56%

+177.81%

+587.67%

+81.00%

+211.33%

AI '25: Healthcare Applications

UNH, COR, IQV, VEEV, GH, TEM +1

+0.71%

+2.64%

+6.09%

+2.83%

+5.38%

+22.77%

+20.85%

+50.24%

+182.63%

-1.02%

+34.33%

+74.70%

AI '26: Citizen DevOps

GOOGL, AMZN, NET, DDOG, SNOW, TWLO +8

+0.86%

+1.95%

+6.05%

+3.59%

+7.61%

-4.70%

+22.62%

+46.05%

+83.28%

+35.22%

+49.41%

+64.89%

New Age Financing '26: Private Credit

BX, KKR, BAM, APO, ARES, CG +3

+0.86%

+1.71%

+6.02%

+3.58%

-2.12%

-3.06%

-18.47%

-23.33%

-1.73%

+57.89%

+3.22%

-15.84%

Data Owners '25: Legal, Regulatory & IP Information

RELX, TRI, WKL.AS, CLVT, NWSA, DOCU +10

-0.28%

+0.41%

+6.00%

+3.17%

+4.05%

-1.06%

-27.34%

-41.65%

-33.92%

-47.56%

-7.13%

-38.60%

Political Spend '26: Ad Agencies & Polling

PUB.PA, OMC, STGW, IPS.PA, WPP.LSE

-0.56%

+1.46%

+5.98%

+2.81%

-5.05%

+6.47%

+3.98%

+0.64%

-18.29%

+33.85%

+9.55%

-3.60%

Business Services '24: LMS & Workforce Learning Platforms

DCBO, DTOL.TO, COUR, SKIL, WDAY, DAY +6

-0.27%

-0.02%

+5.96%

+1.58%

-6.27%

-13.03%

-12.25%

-22.40%

-7.65%

-16.85%

+14.30%

-19.47%

Data Owners '25: Ad-Tech, Measurement & Identity Graphs

TTD, APP, PUB.PA, ZETA, MGNI, DV +12

+0.30%

+2.14%

+5.95%

+2.29%

+2.82%

+6.45%

+3.35%

+1.90%

+33.67%

+17.10%

+23.59%

+22.50%

Agentic Utilities '26: Deterministic Telemetry

DDOG, DT, FROG, PANW, CSCO, ESTC +9

+1.08%

+2.84%

+5.94%

+3.40%

-3.04%

+3.45%

+31.20%

+36.26%

+63.69%

+100.18%

+65.74%

+60.99%

Energy Sovereignty '26: Strait Disruption Asian Beneficiaries

5183.KLSE, PTTEP.BK, WDS.AU, STO.AU, MEDC.JK, 7277.KLSE +6

-0.15%

-0.26%

+5.93%

+5.46%

+1.52%

+7.10%

+19.21%

+29.48%

+15.57%

+71.05%

+4.76%

+38.68%

Biotech '24: GLP1

ROIV, VKTX, ZEAL.CO, GUBRA.CO

+1.06%

+1.12%

+5.92%

+6.84%

+7.86%

+19.05%

+1.93%

+44.90%

+11.00%

+194.89%

+7.21%

+59.13%

Video Games '25: Engagement-Driven Games

APP, NTES, RBLX, 3659.T, 300418.SHE, 259960.KO +12

-0.10%

+0.89%

+5.88%

+4.83%

-0.78%

+8.12%

-3.22%

+0.38%

+46.51%

+28.34%

-0.56%

+23.28%

Regional Oil '26: Rockies, DJ & Mid-Con

SM, PROP, OXY, DVN, EOG, CRGY +1

+0.43%

-0.90%

+5.87%

+8.08%

-6.67%

-4.73%

+12.01%

-12.18%

-33.06%

+91.01%

-6.81%

-20.64%

Modern Warfare '26: Integrators

PLTR, LHX, BAH, CACI, SAIC, VVX +8

+0.06%

-1.42%

+5.80%

+3.40%

-4.15%

-4.97%

-7.33%

+0.81%

+64.22%

+661.91%

-12.94%

+24.06%

Regional Oil '26: The Pre-Salt & North Sea Engines

PBR, EQNR, AKRBP.OL, VAR.OL, GALP.LS, HBR.LSE

-0.24%

-1.02%

+5.77%

+6.55%

-3.33%

-12.01%

+37.50%

+35.67%

+44.28%

+147.64%

+7.30%

+42.71%

Healthcare Short '25: Gov-Sponsored HC Facilities

HCA, DVA, FMS, UHS, ACHC, ARDT

-0.33%

-0.05%

+5.77%

-1.76%

+4.57%

-0.04%

-25.86%

-9.11%

-5.44%

-31.65%

-5.81%

-10.66%

Business Services '26: AI Governance, Trust & Compliance

MSFT, GOOG, PANW, META, NOW, CRWD +9

+0.85%

+1.56%

+5.76%

+2.70%

+1.21%

-1.16%

+8.90%

+6.59%

+26.62%

+89.58%

+26.23%

+24.92%

Health Care (XLV)

Benchmark · XLV

—

-0.08%

+5.75%

+1.65%

—

+5.17%

+21.78%

+15.77%

+36.35%

+3.17%

+21.78%

AI '25: Phase 2 Deployment

GOOG, AMD, CSCO, IBM, QCOM, NET +14

+0.40%

+2.40%

+5.74%

+3.42%

+11.68%

+2.62%

+28.56%

+56.20%

+97.63%

+189.80%

+42.08%

+86.13%

Euro Spend '25: Transport & Mobility Systems

DTG.XETRA, KBX.XETRA, ALO.PA, TKA.XETRA

+1.22%

-0.39%

+5.74%

+3.90%

+0.69%

-1.77%

-1.04%

+3.61%

+71.77%

+0.60%

-14.72%

+21.97%

BS Jobs '26: Scheduling & Routing

HCA, UPS, DHL.XETRA, FRE.XETRA, RTO.LSE

+0.21%

+0.70%

+5.74%

+3.83%

-0.90%

+2.25%

+1.10%

+19.16%

+31.87%

-8.43%

-7.40%

+29.18%

TrumpPolicy PreElection Long '24: EU Defense

SAF.PA, LHX, RHM.XETRA, HO.PA, ASELS.IS, LDO.MI +5

-0.93%

-1.61%

+5.71%

-0.05%

+0.17%

-7.27%

+5.50%

+6.48%

+106.45%

+210.98%

-12.15%

+29.78%

AI '26: Mizuho Most AI-Resilient Software

ORCL, SHOP, CDNS, INTU, ADSK, WDAY +2

+0.45%

+1.56%

+5.68%

+3.28%

-10.56%

-5.32%

-24.76%

-27.94%

-7.62%

+63.17%

-5.39%

-11.24%

AI '25: Cloud Platform & Software

GOOG, MSFT, AMZN, IBM, PANW, NET +11

+0.83%

+1.78%

+5.68%

+4.07%

+3.31%

-3.38%

+26.52%

+36.18%

+65.39%

+118.20%

+50.31%

+62.68%

Software '26: Legal Tech

TRI, RELX, WKL.AS, LAW, INTA, DOCU +9

+0.40%

+1.10%

+5.68%

+3.47%

-4.17%

+8.55%

-31.34%

-40.02%

-27.25%

+36.06%

-7.05%

-37.33%

Elder Care '24: Home Healthcare

CHE, OPCH, ADUS, INNV, PNTG, CCRN

+0.62%

+2.14%

+5.66%

+4.35%

+1.78%

+16.22%

+34.05%

+35.23%

+36.92%

+2.31%

+16.35%

+34.76%

Small Themes '26: Spa & Wellness

LTH, OSW, ZYDUSWELL.NS, SPA.BK, SKIN

+0.42%

-0.95%

+5.61%

+7.34%

+20.96%

+21.54%

+19.16%

+11.94%

+37.56%

+37.60%

+22.35%

+32.03%

AI '24: Digital Consumer Data

WMT, SPGI, IQV, VEEV, FICO, VRSK +15

+0.42%

+1.39%

+5.59%

+3.59%

-6.11%

-2.62%

-16.91%

-18.12%

-10.14%

+68.52%

+0.27%

-13.73%

BS Jobs '26: Bloated Operations in Tech

IBM, SAP.XETRA, 6098.T, INTU, MDB

+0.50%

+0.46%

+5.55%

+3.16%

-6.28%

+17.88%

-16.39%

-7.08%

+18.91%

+48.51%

+8.67%

+7.90%

Regulatory Testing '26: Compliance Software

CDNS, ADSK, VEEV, BSY, DSGX, WK +2

-0.35%

+1.14%

+5.50%

+1.34%

-2.13%

+8.65%

-16.64%

-24.96%

-14.35%

+16.73%

+0.88%

-17.09%

Biotech '24: Pharma/Therapeutics

ARWR, KYMR, HALO, KNSA, ARQT, BCRX +7

+0.05%

+0.13%

+5.50%

+5.29%

+1.68%

+24.95%

+9.70%

+41.25%

+76.06%

+4.42%

+7.20%

+83.56%

Video Games '25: Japanese Game Makers

SONY, 7974.T, 9613.T, 7832.T, 9766.T, 3659.T +12

-0.03%

-0.64%

+5.49%

+4.51%

+0.62%

-0.88%

-8.28%

-19.66%

+19.08%

-2.29%

-7.06%

-12.39%

Payments '24: Payment Tech & Processors

BNY, FISV, 8473.T, JKHY, ACIW, PAY +5

-0.08%

+1.99%

+5.36%

+2.16%

-0.72%

+7.55%

+0.96%

-10.56%

+2.24%

-46.96%

+13.29%

-9.71%

Energy Bottleneck '26: Canadian Oil Sands

CNQ, SU, CVE, IMO, ATH.TO, WCP.TO +5

-0.11%

-1.59%

+5.36%

+6.81%

-4.03%

-7.39%

+36.22%

+60.22%

+55.88%

+246.24%

+6.39%

+66.69%

BS Jobs '26: Billable Hours Pyramid

ACN, INFY, CTSH, CAP.PA, GIB-A.TO, ERF.PA +2

+0.90%

+1.32%

+5.36%

+4.23%

-9.46%

-2.97%

-34.87%

-35.56%

-34.49%

-30.06%

-21.40%

-32.04%

Fiscal Spend '25: Biofuels & Grains

ADM, BG, CF, VBK.XETRA, REX, GPRE

+0.18%

-1.26%

+5.35%

+4.30%

+0.32%

-4.06%

+48.65%

+79.76%

+66.57%

+46.87%

+15.90%

+135.62%

Genomics '25: Gene Editing & Genetic Meds

CRSP, NTLA, BEAM, PRME, VERV, RCKT +9

+0.59%

-3.30%

+5.33%

+4.64%

-0.92%

+28.75%

+34.47%

+40.38%

+11.68%

-24.42%

+19.32%

+117.14%

Data Owners '25: Billing, Payroll & SMB Ledger Data

INTU, ADP, PAYX, BILL, WDAY, ORCL +11

+0.43%

+1.20%

+5.32%

+2.84%

-7.25%

-4.83%

-22.53%

-32.35%

-9.91%

-20.70%

-1.24%

-25.91%

AI '25: Platform Data Flywheel

TCEHY, NFLX, APP, PH, SPOT, MELI +12

+0.56%

+0.32%

+5.32%

+1.79%

-3.18%

+0.22%

-10.77%

-15.39%

+49.18%

+12.33%

+9.74%

+2.46%

Infra Built in ZIRP '25: RE & PropTech

JLL, Z, ZG

-1.43%

+2.35%

+5.30%

+0.18%

-3.15%

-12.52%

-38.94%

-38.49%

-5.50%

-54.54%

-17.63%

-33.60%

BS Jobs '26: Slide Decks & Meetings

ZM, PUB.PA, DOCU, WPP

+0.32%

+1.99%

+5.28%

+3.91%

-3.21%

-2.16%

-11.80%

-15.07%

-5.63%

-57.75%

+9.91%

-17.02%

HaveNots Shorts '25: Premium Finance

MS, GS, AXP, UBS, IBKR, BLK +12

-0.36%

+2.53%

+5.22%

+2.11%

-0.52%

+11.74%

-1.31%

+2.57%

+48.67%

+111.60%

+12.22%

+21.04%

Biotech '26: Scalable Oncology Drugs

BMY, RVMD, GMAB, JAZZ, NUVL, LEGN +6

-0.26%

+0.19%

+5.22%

+4.03%

+0.46%

+8.60%

+20.08%

+69.12%

+86.37%

+15.16%

+21.33%

+87.81%

Buying a House '26: Residential Brokerages

CSGP, Z, COMP, OPEN, HOUS, AGNT +4

+0.36%

+2.17%

+5.12%

+0.84%

+4.15%

+1.56%

-15.11%

+17.33%

+34.16%

-63.88%

+0.90%

+24.80%

Business Services '24: Staffing

6098.T, KFY, RHI, MAN, HSII, KFRC +8

+0.80%

+0.75%

+5.11%

+4.32%

+1.19%

+52.35%

+43.55%

+17.46%

+7.92%

-12.60%

+48.63%

+21.25%

AI '26: Big 7

NVDA, AAPL, GOOG, MSFT, AMZN, META +1

+0.47%

+1.30%

+5.11%

+2.07%

+1.30%

-0.77%

+3.25%

+24.61%

+43.78%

+170.26%

+10.52%

+48.82%

Data Owners '25: Insurance, Claims & Catastrophe Risk

VRSK, RELX, MCO, MRSH, AON, CCCS +12

+0.44%

-0.71%

+5.10%

+3.06%

-0.51%

+9.05%

-4.98%

-13.94%

+2.65%

+86.99%

-0.10%

-13.90%

Asset Managers '26: Trad Asset Managers

BLK, IVZ, AMUN.PA, TROW, BEN, STT +9

-0.17%

+1.81%

+5.08%

+3.00%

-0.25%

+11.93%

+16.93%

+28.64%

+71.39%

+114.51%

+12.60%

+50.84%

Small Themes '25: Digital Hustle

GOOG, SHOP, SPOT, SE, EBAY, RBLX +8

+0.36%

+0.86%

+5.06%

+3.39%

+8.15%

-4.32%

-1.44%

+2.49%

+53.11%

+149.45%

+3.27%

+21.19%

Energy Bottleneck '26: Intl Integrated Energy Majors

SHEL.LSE, TTE, BP, EQNR, E, PBR +4

+0.02%

-0.68%

+5.02%

+6.72%

-0.43%

-10.68%

+27.47%

+36.43%

+44.99%

+133.15%

+6.79%

+37.17%

Restaurants '26: Coffee & Dessert

SBUX, BROS, LKNCY, MTY.TO, DNUT, BRCB +3

-0.18%

+1.22%

+4.96%

-0.70%

+6.89%

+1.75%

-27.86%

-40.21%

-42.75%

+0.96%

-29.58%

-40.49%

Global Defense '26: U.S. Warfare & Defense

LMT, RTX, GD, NOC, LHX, HII +4

+0.34%

-1.45%

+4.90%

-0.26%

-4.66%

+0.38%

-3.28%

+13.65%

+60.03%

+177.84%

-17.26%

+37.26%

AI '25: Phase 2 Distribution

GOOG, MSFT, META, ORCL, EL.PA, INTU +9

+0.77%

+0.96%

+4.86%

+2.09%

+0.97%

-4.57%

-5.80%

+1.21%

+27.57%

+122.02%

+12.39%

+14.93%

Beauty '26: Cosmetics

0973.HK, 090430.KO, ELF, IPAR, COTY, 161890.KO +1

+0.15%

-1.65%

+4.86%

+3.57%

+1.24%

+9.12%

+15.43%

-13.04%

-12.92%

-35.98%

+2.92%

+8.39%

MedTech Long '25: HC Data & Services

BTSG, RDNT, MDRX, TOI, TBRG, HCAT

+0.28%

+1.20%

+4.83%

+2.55%

+5.22%

+28.79%

+32.17%

+51.94%

+166.12%

+43.85%

+44.59%

+78.25%

Drones '26: Subsea Drones & UUVs

KOG.OL, PNG.V, TDY, EXA.PA, LHX, SAAB-B.ST +9

-0.24%

-1.14%

+4.82%

+1.53%

+0.71%

-5.34%

+20.17%

+33.40%

+156.11%

+46.99%

-13.70%

+75.58%

Recreation '24: Firearms

CODI, OLN, SWBI, RGR, POWW, TASA4.SA +2

-0.25%

+1.55%

+4.80%

+3.83%

-0.61%

-14.63%

+35.04%

+0.10%

-28.95%

-41.92%

+8.99%

-13.15%

Small Themes '24: Value-Based Care

HIMS, HNGE, LFST, DOCS, PRVA, AGL +4

-0.72%

+1.64%

+4.77%

+0.50%

+3.68%

+44.40%

+55.87%

+34.93%

+119.15%

-54.53%

+89.66%

+51.75%

Asset Managers '26: Specialized & Boutique

CNS, PS, HLNE, APAM, VCTR, STEP +6

+0.59%

+1.79%

+4.76%

+4.04%

+1.01%

+10.91%

+8.68%

+9.78%

+34.77%

+60.36%

+4.91%

+24.28%

Space Supply Chain '26: Industrial Gases & Cryogenics

LIN, APD, AI.PA, GTLS, NFE

-0.11%

+0.23%

+4.76%

-1.63%

+2.06%

+0.94%

+4.13%

-7.71%

+0.26%

+77.93%

-6.64%

-5.43%

Video Games '25: Gaming Infra

NVDA, MSFT, AMZN, AMD, AKAM, U +5

+0.73%

+1.60%

+4.75%

+4.03%

+0.86%

-3.90%

+26.53%

+53.71%

+87.21%

+197.03%

+25.91%

+85.54%

Rare Diseases '25: RNA Therapy & Protein Mod

INSM, NBIX, IONS, DYN, ADMA

+0.25%

-3.61%

+4.74%

+3.92%

-7.80%

+14.30%

-10.49%

+41.59%

+29.37%

+129.62%

-0.18%

+67.72%

Biotech '25: Oncology & Immunotherapy

RVMD, NUVL, PTGX, CRSP, ACLX, NRIX +6

-1.31%

+0.37%

+4.71%

+4.19%

-1.36%

+26.14%

+32.01%

+102.23%

+128.34%

+79.04%

+29.48%

+136.34%

MedTech Long '24: Lab & Life Sciences Tools

TMO, DHR, A, WAT, RVTY, BRKR +4

-0.95%

+4.44%

+4.69%

+1.02%

-2.47%

+9.49%

-2.18%

+7.33%

+0.14%

-10.55%

+10.47%

+8.17%

AI '25: Data Owners

TCEHY, UNH, NFLX, BABA, SPGI, PH +26

+0.58%

+1.37%

+4.66%

+2.12%

-0.15%

+5.12%

-2.53%

-2.85%

+56.57%

-7.60%

+13.86%

+14.19%

Consumer Auto '26: U.S. Dealerships

TSLA, PAG, KMX, LAD, AN, ABG +4

-0.08%

+3.62%

+4.59%

+4.90%

-3.10%

+8.30%

-10.33%

-28.95%

-6.81%

+103.11%

-2.97%

-15.69%

Archetypes '26: U.S. Influencer

META, GOOGL, SPOT, AMZN, ELF, ABBV +19

+0.15%

+1.44%

+4.56%

+2.68%

+3.85%

+2.36%

+2.29%

+2.43%

+10.66%

+79.30%

+8.77%

+18.45%

Infra Built in ZIRP '25: Network-Effect Marketplace

SHOP, MELI, SE, CPNG, CHWY, RH +2

+0.14%

+1.54%

+4.56%

+0.48%

-9.83%

+15.40%

-20.14%

-8.53%

+25.93%

-33.69%

-0.24%

+16.50%

Data Centers '25: Development, Investment & Real Estate

CBRE, HEXA-B.ST, BIP, TKA.XETRA

+1.60%

+0.22%

+4.54%

+5.17%

-1.76%

-5.63%

-1.43%

+6.40%

+70.37%

+7.17%

-5.39%

+17.64%

Supply Shock in MidEast Long '26: Urea & Nitrogen

NTR, CF, YAR.OL, UAN, LXU

+0.70%

-2.62%

+4.53%

+4.47%

-7.73%

-9.00%

+23.68%

+28.50%

+71.85%

+52.27%

+1.70%

+60.83%

Modern Warfare '26: Defense Primes

LMT, RTX, BA.LSE, RHM.XETRA, NOC, LHX +8

-0.25%

-2.30%

+4.52%

+1.58%

-2.70%

-1.56%

+1.16%

+9.29%

+88.20%

+45.32%

-16.79%

+32.33%

Alt & Market Data '24: Consumer Data

WMT, VRSK, EFX, TRU, CSGP, CART +6

+0.40%

+0.41%

+4.50%

+3.82%

-7.74%

-5.87%

-18.95%

-25.52%

-20.78%

+104.36%

-9.49%

-20.01%

Business Services '24: Professional Services Consulting

ACN, FCN, KFY, RHI, MAN, HURN +6

-0.41%

+0.49%

+4.50%

+3.71%

-15.19%

+8.53%

-8.30%

-14.57%

-22.10%

-9.33%

+2.00%

-19.34%

Infra Built in ZIRP '25: Digital Media Platforms

APP, SPOT, ROKU, PINS, SNAP

+0.51%

+0.56%

+4.45%

-0.16%

+0.14%

+6.65%

-10.67%

-3.90%

+55.90%

+27.77%

+18.05%

+15.90%

Small Themes '25: Digital Casino

IBKR, HOOD, COIN, FLUT, DKNG, MGM +7

+1.38%

+1.08%

+4.45%

+4.58%

-5.49%

+28.29%

+3.51%

-8.84%

+54.55%

+54.14%

+22.14%

+27.21%

Data Owners '25: Healthcare, Claims & Clinical Data

IQV, UNH, VEEV, CVS, TEM, ELV +14

0.00%

+1.59%

+4.42%

+0.89%

+0.35%

+8.41%

+8.15%

+16.68%

+35.98%

-4.71%

+21.86%

+16.93%

Fiscal Spend Short '25: Non-Military Govt Contracts

ACN, CNC, J, LDOS, TYL, MOH +7

+1.41%

-0.49%

+4.41%

-4.64%

+3.59%

-8.51%

+7.43%

+10.19%

+19.79%

+19.64%

+5.07%

+9.94%

Retail Shopping '25: Excess Retail Returns

UPS, DHL.XETRA, DSV.CO, EBAY, ZBRA, MANH +7

+0.99%

+1.83%

+4.37%

+3.51%

+1.70%

+8.00%

+17.30%

+18.77%

+63.17%

-14.59%

+18.01%

+48.06%

Autonomous Vehicle Proliferation '26: Other Asian Tires

5108.T, 5101.T, 161390.KO, 5105.T, 5110.T, 2105.TW +4

0.00%

-1.86%

+4.34%

+11.09%

+1.03%

+5.64%

+4.59%

+23.98%

+33.38%

+6.56%

-7.00%

+36.15%

Data Owners '25: Property, Mortgage & Real Estate Data

ICE, CSGP, Z, RKT, REA.AU, FAF +12

+0.34%

+1.02%

+4.33%

+1.79%

+0.52%

-5.67%

-21.87%

-21.40%

+2.58%

+21.45%

-10.76%

-17.34%

Beauty '26: Asian Beauty

4911.T, 090430.KO, 051900.KO, 4922.T, 4927.T, 161890.KO +5

0.00%

-3.56%

+4.32%

+12.81%

-5.44%

-7.99%

+7.50%

-10.63%

-4.99%

-74.13%

-7.75%

+8.84%

Fiscal Spend Short '25: Permitting

ADSK, HEXA-B.ST, TRMB, BSY, NEM.XETRA, PCOR +1

-0.78%

+0.89%

+4.31%

-1.24%

+3.88%

+12.60%

+27.36%

+33.63%

+22.00%

+25.93%

+14.68%

+24.15%

Supply Shock in MidEast Long '26: U.S. Produced Energy

EOG, VG, TPL, APA, SM, LB +2

-0.34%

-1.29%

+4.30%

+5.73%

-2.48%

-2.63%

+36.32%

+7.54%

+5.94%

+25.24%

-1.30%

+9.10%

Resi Real Estate '26: Developed Market RE Agents

REA.AU, COMP, FSV, G24.XETRA, REMX, HEM.ST +6

+0.09%

+1.21%

+4.29%

+1.00%

+5.25%

+2.27%

-11.32%

-15.40%

+22.46%

-19.12%

-7.29%

-5.36%

AI '25: Consumer Attention

META, NFLX, APP, SPOT, TTWO, ROKU +5

+0.68%

+1.28%

+4.28%

+1.01%

-7.67%

+2.22%

-7.66%

-10.42%

+31.30%

+72.29%

+9.92%

+11.81%

GLP-1 Long '26: RNA Fat Redistribution

4519.T, ALNY, ARWR, WVE, 2257.HK, NVO

+0.63%

-0.95%

+4.26%

+4.73%

+0.62%

+2.31%

-18.84%

+37.96%

+68.36%

+27.77%

-15.78%

+72.13%

Edge AI Short '26: Laptops, PCs, Motherboards & Consoles

DELL, NTDOY, 0992.HK, HPQ, 2357.TW, 2376.TW +2

+0.13%

+2.80%

+4.17%

-3.10%

-26.67%

-9.76%

-49.10%

-27.49%

-48.22%

-193.99%

-52.62%

-56.61%

Insurance Short '24: Not so Good Insurers

PRU, FNF, PRI, LNC, FAF, BHF +1

-0.06%

+1.03%

+4.17%

-3.37%

-0.53%

-9.24%

-4.04%

-19.21%

-37.04%

-12.92%

-10.07%

-7.93%

Regulatory Testing '26: Life Sciences & Lab Tests

TMO, LONN.SW, WAT, MEDP, CRL, HAPN +1

-0.02%

+3.96%

+4.10%

+1.77%

-6.41%

+12.24%

-2.52%

+24.33%

+22.48%

+1.02%

+11.14%

+29.76%

Biotech '25: Neurology, CNS & Rare Disorders

MTSR, VERA, SUPN, RZLT, VYGR, ACOG +1

-0.63%

+0.23%

+4.10%

+2.05%

+1.50%

+6.17%

+16.44%

+56.01%

+68.72%

+39.44%

+11.71%

+109.21%

Video Games '25: Asian Game Makers

0700.HK, SONY, NTES, 7974.T, 9613.T, 7832.T +24

+0.16%

-0.39%

+4.08%

+6.10%

+0.44%

+0.72%

-8.60%

-9.56%

+35.37%

-24.08%

-10.23%

+7.02%

World Cup '26: Security

JCI, NOC, HON, MSI, AXON, TDY +6

+0.93%

-0.96%

+4.04%

-0.72%

-3.56%

+3.59%

-2.75%

+20.74%

+105.16%

+60.11%

-12.24%

+57.47%

MedTech Short '25: Vaccine Makers

GILD, PFE, MRNA, PCVX, NVAX

+0.13%

+1.26%

+4.04%

-4.30%

+1.64%

-5.39%

-44.63%

-50.98%

-13.58%

+3.60%

-3.02%

-71.65%

Freight Transport '26: Dry Bulk

WAWI.OL, SBLK, DAC, 2343.HK, 028670.KO, CMRE +8

+0.70%

-1.64%

+4.03%

+7.11%

-0.47%

+3.15%

+26.93%

+53.03%

+36.79%

+95.25%

-3.10%

+72.57%

Gig Economy '24: Delivery & Ride Share

UBER, DASH, 3690.HK, DHER.XETRA, CART, LYFT +1

+0.06%

+0.76%

+4.01%

+4.97%

+6.05%

+6.06%

+0.66%

-0.29%

+44.41%

-36.97%

+18.70%

+13.83%

Humanoid '25: Learned Memory & Interfacing

PLTR, GOOG, QCOM, META, NVDA, ISRG +13

+0.22%

+1.67%

+4.01%

+0.44%

+2.52%

-5.11%

+10.60%

+34.31%

+100.66%

+147.46%

+20.42%

+67.48%

Rate Sensitivity '25: Elder Care

ENSG, BKD, NHC, ADUS, STRW

-1.33%

+1.79%

+3.99%

+0.23%

+0.32%

+0.01%

+18.87%

+46.48%

+52.51%

+88.66%

+3.00%

+61.35%

Fiscal Spend '26: Saudi Defense Suppliers

BA.LSE, LMT, 079550.KO, RTX, 012540.KO, HO.PA +6

-0.20%

-2.09%

+3.97%

+2.04%

-3.71%

+0.42%

+15.30%

+13.43%

+89.85%

+37.39%

-4.47%

+45.80%

Gig Economy '26: On Demand Tasks

AIR.AU, PRCH, UPWK, FVRR, ANGI, FLN.AU

-0.38%

+2.08%

+3.97%

-0.36%

+3.49%

+11.22%

-25.76%

-28.39%

+25.71%

-72.43%

-4.09%

-10.13%

Small Themes '24: Global Food Delivery

NPN.JO, UBER, PRX.AS, DASH, SE, 3690.HK +17

+0.47%

+0.72%

+3.95%

+3.10%

+5.64%

-11.79%

-12.68%

+18.39%

-19.43%

-2.78%

-0.19%

Regional Oil '26: Gulf of Mexico Deepwater

TALO, KOS, OXY, MUR, CVX, WTI +1

-1.31%

-3.21%

+3.94%

+5.05%

-2.39%

-8.03%

+51.45%

+37.63%

-0.68%

+60.05%

+5.13%

+34.83%

GLP-1 Short '24: Medical Devices & Monitoring

RMD, DVA, FMS, PODD, TFX, IHI +4

-0.40%

+0.88%

+3.87%

-2.27%

-1.66%

-6.30%

+10.61%

+11.71%

+8.85%

+33.71%

+8.33%

+14.03%

Energy Sovereignty '26: U.S. Energy Dominance

XOM, CVX, LNG, COP, VLO, EPD +11

+0.07%

-1.12%

+3.86%

+5.13%

-0.84%

-4.55%

+32.65%

+26.03%

+32.62%

+175.22%

+6.65%

+27.62%

Freight Transport '26: Cash Logistics

SECU-B.ST, BCO, LOOMIS.ST, NATL, EEFT, VYX +1

-0.27%

+0.51%

+3.86%

-0.37%

+0.08%

+0.89%

+2.95%

-1.22%

+30.41%

-20.67%

+1.07%

+13.96%

Modern Warfare '26: Sovereign Military Aircraft

LMT, NOC, BA, HAL.NS, AM.PA, BA.LSE +5

-0.08%

-1.10%

+3.84%

+1.85%

-1.45%

-3.62%

+4.38%

+7.70%

+55.63%

-7.99%

-13.28%

+26.52%

Genomics '25: Genomics Tools & Automation

TXG, QGEN, TECH, A, RVTY, BRKR +8

+0.39%

+6.17%

+3.83%

+1.90%

-3.98%

+12.55%

+35.69%

+46.78%

+31.34%

-22.48%

+24.11%

+62.57%

Recreation '24: Ski

MTN, SKIS-B.ST, TMR.WAR, MLCMB.PA, 6040.T, CDA.PA +2

+0.35%

+0.31%

+3.83%

+3.39%

-1.04%

+11.06%

-1.39%

+2.63%

+25.86%

-57.68%

-5.31%

+16.73%

Data Owners '25: Payments & Transaction Rails

V, MA, AXP, FISV, ADYEN.PA, FIS +11

+0.02%

+1.69%

+3.79%

+0.93%

+0.35%

+5.08%

-7.60%

-17.11%

+7.86%

-17.21%

+3.53%

-12.86%

TrumpPolicy PreElection Long '24: I-Banking

EVR, MC, PJT, HLI, PWP, LAZ +2

-0.76%

+2.34%

+3.75%

-0.87%

-6.13%

-2.27%

-8.28%

-7.62%

+25.95%

+124.98%

+0.46%

+11.01%

China '24: Tech Hardware & Infra

300308.SHE, 300502.SHE, 1810.HK, 002475.SHE, 0992.HK, 1686.HK +2

-1.27%

+2.80%

+3.73%

+0.37%

+2.17%

+11.66%

+16.54%

+55.17%

+152.13%

+182.98%

+14.12%

+71.17%

Communication Services (XLC)

Benchmark · XLC

—

+0.96%

+3.73%

+0.70%

—

-4.91%

+4.53%

+29.69%

+41.51%

-5.69%

+4.53%

Asset Managers '26: Custodians

BNY, STT, NTRS, JPM, C, BNP.PA +6

+0.30%

+1.32%

+3.71%

+3.29%

+0.09%

+12.41%

+27.39%

+52.25%

+127.11%

+98.16%

+22.70%

+79.71%

MedTech Long '25: Centralized Lab Diagnostics

GH, EXAS, GRAL, XGN

+1.22%

+4.77%

+3.70%

+2.71%

+2.80%

+38.19%

+15.68%

+96.39%

+448.08%

+4.25%

+41.46%

+184.63%

Modern Warfare '26: Hypersonics & Missile Defense

LMT, RTX, NOC, BWXT, LDOS, PSN +10

+0.41%

-1.26%

+3.68%

-0.11%

-5.56%

+0.84%

+3.27%

+18.11%

+68.02%

+99.93%

-14.69%

+42.41%

MedTech Long '25: Cancer Diagnostics, Platforms & Care

GH, EXAS, RDNT, GRAL, NVCR, PSNL +4

+0.07%

+3.11%

+3.68%

+1.47%

+3.28%

+36.87%

+33.81%

+79.34%

+327.24%

-36.71%

+33.34%

+157.88%

Energy Sovereignty '26: European Energy Independence

EQNR, SHEL.LSE, TTE.PA, E, ENR.XETRA, PRY.MI +10

-0.17%

+0.14%

+3.66%

+3.96%

-0.33%

-11.42%

+30.29%

+50.01%

+82.11%

+161.06%

+8.43%

+75.05%

Casinos '24: Online Sports Betting

FLUT, DKNG, RSI, SGHC, KIND-SDB.ST, BETS-B.ST +5

+0.73%

-0.70%

+3.63%

+4.38%

+2.93%

+8.71%

-1.22%

-10.32%

+58.48%

-75.28%

+14.49%

+28.53%

Software '24: Database Management

GOOG, ORCL, SAP, SNOW, MDB, ESTC +1

+0.31%

+1.18%

+3.62%

+1.91%

+8.37%

-7.24%

-3.51%

+17.13%

+32.64%

+185.36%

+14.81%

+38.55%

Back to School '25: Student Tech & Devices

HPQ, AAPL, DELL, 0992.HK, 2357.TW, 005930.KO +14

+0.12%

+1.72%

+3.59%

+4.17%

+5.18%

+14.78%

+45.81%

+52.42%

+48.89%

+68.26%

+39.73%

+55.77%

Thematic Momo Short '25: AI-Enabled Work, CX & Marketplaces

MNDY, FIVN, AI, CNXC, FVRR

+0.14%

+1.30%

+3.57%

+0.41%

-4.40%

-6.98%

+29.16%

+54.63%

+51.02%

+79.40%

-7.38%

+48.57%

Freight Transport '26: Container Shipping

MAERSK-B.CO, 601919.SHG, HLAG.XETRA, 2603.TW, 1308.HK, 0316.HK +3

+0.24%

-0.70%

+3.56%

+5.20%

-2.54%

+1.64%

+5.98%

+7.61%

+30.39%

+38.97%

-5.52%

+20.92%

Beauty '26: Prestige Beauty

MC.PA, OR.PA, GIVN.SW, EL, PUIG.MC, 4911.T +5

+0.62%

+0.33%

+3.55%

+2.94%

-5.29%

-5.84%

+2.56%

-1.84%

-9.05%

-23.48%

-2.33%

+11.80%

HaveNots Shorts '25: Premium Subscriptions

SPOT, NYT, LTH, HIMS, DUOL, YOU +2

-0.69%

+0.92%

+3.55%

+0.88%

-6.05%

+11.48%

+14.45%

+1.20%

+89.90%

+18.73%

+42.09%

+24.46%

Supply Shock in MidEast Long '26: Food Commodities

CTVA, ADM, BG, AGRO, SEB, ANDE +2

+0.68%

-1.04%

+3.52%

+5.24%

+0.10%

-1.58%

+36.61%

+61.13%

+53.43%

+53.87%

+11.66%

+81.64%

Brokerages & Exchanges '26: Asian Retail Trading

8604.T, FUTU, ANGELONE.NS, 8473.T, 005940.KO, 8698.T +3

-0.08%

-0.06%

+3.51%

+3.34%

-2.02%

-0.35%

-9.04%

-1.95%

+55.93%

+20.52%

-7.17%

+20.71%

Consumer Attention '24: Digital Ad Tech & Streaming Infra

APP, ROKU, TTD, ZETA, ADEA, MGNI +11

+0.05%

+2.09%

+3.49%

-0.35%

+4.41%

+6.31%

+8.64%

+9.10%

+26.94%

+85.69%

+22.46%

+31.89%

Freight Transport '26: Airfreight & Logistics

DHL.XETRA, CJT.TO, LHA.XETRA, 002352.SHE, UPS, FDX +6

+0.49%

+1.31%

+3.46%

+2.22%

-0.07%

+4.52%

+11.87%

+14.29%

+33.01%

-19.58%

+1.87%

+34.87%

MedTech Long '26: Diagnostics & Early Detection

EXAS, NTRA, GH, NEO, QGEN, VACY +9

+0.15%

+3.34%

+3.44%

+1.49%

-1.13%

+13.38%

+16.76%

+78.18%

+142.28%

+46.17%

+22.22%

+103.20%

GLP-1 Long '24: Pharma

ABBV, CRBP, SKYE

+0.29%

-0.09%

+3.43%

+3.60%

+6.89%

+19.02%

+15.40%

-15.58%

-41.18%

+120.13%

+11.19%

+46.51%

Energy Services '26: LNG Carriers

FLNG, QGTS.QA, GLNG, CCEC, NFE, DLNG +3

-0.11%

-1.32%

+3.43%

+1.59%

-2.67%

-17.01%

+4.05%

-0.73%

+0.64%

+271.86%

-5.81%

+6.38%

Regulatory Testing '26: Environmental, Infra & Industrial Compliance

TRMB, BSY, ACM, TTEK, STN, BMI +1

-0.52%

+0.34%

+3.41%

+1.46%

-7.38%

-4.38%

-18.88%

-31.34%

-18.28%

-10.97%

-17.15%

-17.33%

Modern Warfare '26: SONAR & Subsea Systems

TDY, LHX, GD, HO.PA, KOG.OL, PNG.V +9

+0.27%

-0.85%

+3.40%

-0.23%

+2.73%

-4.52%

+15.53%

+29.30%

+127.63%

+78.15%

-11.78%

+58.86%

Rare Diseases '25: Gene Therapy & Genetic Med

KRYS, SRRK, RARE, QURE, SRPT, NTLA +1

-0.02%

-0.34%

+3.40%

+2.41%

+4.47%

+30.27%

+47.85%

+68.38%

+33.51%

-31.92%

+45.92%

+67.19%

Financials (XLF)

Benchmark · XLF

—

+1.04%

+3.39%

+1.39%

—

+1.99%

+7.64%

+37.12%

+63.39%

+9.20%

+7.64%

Healthcare Short '25: Medicaid Exposed & PBMs

UNH, CVS, CI, CNC, MOH, PGNY

-0.45%

+0.47%

+3.38%

-1.02%

-8.51%

-19.42%

-33.87%

-42.46%

-19.83%

-0.80%

-41.94%

-11.92%

Freight Transport '26: N American Railroads

UNP, CSX, CP, CNI, NSC

+0.06%

+1.33%

+3.37%

+3.09%

+3.49%

+5.99%

+24.65%

+25.11%

+32.87%

+24.45%

+8.39%

+36.21%

Data Owners '25: Education, Research & Scientific Knowledge

RELX, CLVT, SPG.XETRA, PSO, WKL.AS, WLY +11

+0.09%

+0.13%

+3.34%

-0.13%

+6.71%

+4.63%

-5.09%

-20.00%

-9.76%

-6.92%

+8.99%

-12.81%

Energy Sovereignty '26: Australian Energy

WDS.AU, STO.AU, WHC.AU, ORG.AU, NHC.AU, ALD.AU +6

-0.60%

+2.10%

+3.34%

+2.48%

+1.49%

+4.56%

+18.08%

+18.48%

+9.54%

+76.89%

+3.30%

+37.73%

Freight Transport '26: Medical Transport

TMDX, SRTA, GMRS, PHIG, TXT, MODV +2

-0.37%

+1.22%

+3.34%

+2.06%

+0.48%

+0.52%

-1.38%

+5.35%

+26.02%

+44.37%

-7.64%

+40.71%

Freight Transport '26: Freight Forwarders

DHL.XETRA, DSV.CO, KNIN.SW, CHRW, EXPD, 9147.T +6

+0.45%

+1.10%

+3.33%

+2.64%

+1.04%

+7.38%

+3.38%

+13.87%

+46.15%

+8.27%

-1.68%

+35.91%

Genomics '25: Molecular Diagnostics & Clinical Genomics

TEM, CAI, NTRA, GH, WGS, SOPH +12

+0.60%

+4.80%

+3.32%

+1.16%

-4.25%

+47.16%

+13.89%

+66.95%

+196.27%

+27.54%

+30.01%

+95.02%

Supply Shock in MidEast Long '26: Potash & Phosphate

SQM, ICL, SDF.XETRA, ATT.WAR, IPI, IFOS.V +3

+0.63%

-1.52%

+3.29%

-0.34%

+3.68%

-14.99%

-0.75%

+9.15%

+102.58%

+86.11%

-5.59%

+50.78%

Optical Connectivity '26: AI Network Systems

CSCO, ANET, NOK, CIEN, HPE, JNPR

-0.47%

+4.78%

+3.20%

+3.58%

+5.70%

+8.25%

+68.04%

+131.59%

+209.34%

+233.87%

+52.43%

+173.12%

Biotech '24: Oncology

EXEL, BPMC, SWTX, IOVA, ALXO, THTX +2

-1.22%

-0.32%

+3.19%

+1.84%

+9.67%

+17.13%

+17.28%

+41.76%

+21.86%

-9.24%

+2.02%

+67.03%

Rate Sensitivity '25: Home Updates

FTDR, REZI, BCO, DORM, TILE, ANGI

-1.20%

+1.62%

+3.17%

-0.87%

+1.01%

+5.42%

-2.47%

+9.47%

+46.32%

-9.28%

-1.31%

+30.56%

Payments '24: Money Transfers & Remittances

WSE, WU, RELY, EEFT, PAYO, OFX.AU +5

-0.48%

+0.63%

+3.17%

+0.25%

+7.51%

+5.80%

+16.29%

+10.43%

+11.67%

-9.61%

+11.26%

+6.38%

Small Themes '25: Pet Care Reset

ZTS, GIS, TSCO, CHWY, ZO1.DE, FRPT +6

+0.17%

+0.39%

+3.17%

+1.45%

-10.65%

-4.12%

-15.09%

-18.58%

-14.92%

-50.04%

-20.67%

-16.88%

Agentic Utilities '26: Edge Compute & API Layer

AKAM, VRSN, FFIV, DOCN, GTLB, FSLY +2

+0.28%

+2.39%

+3.16%

+2.27%

-3.91%

+23.16%

+89.79%

+105.20%

+144.01%

+38.60%

+77.28%

+113.27%

Insurance Long '24: Strong Insurers

CB, PGR, AFL, ACGL, WTM

-0.71%

-0.50%

+3.11%

+1.83%

-0.01%

+9.45%

+6.46%

+14.00%

+25.19%

+103.55%

+2.96%

+5.30%

NatGas '26: Upstream & Land Optionality

TPL, VNOM, PR, SM, MTDR, LB +2

-0.75%

-1.76%

+3.10%

+3.49%

-6.08%

-4.63%

+25.35%

+9.23%

+19.11%

+174.45%

-4.72%

+1.77%

Retail Shopping '26: Eurofashion

ADS.XETRA, ZAL.XETRA, BOSS.XETRA, NXT.LSE, ITX.MC, ASC.LSE +11

+0.21%

+2.26%

+3.09%

+2.24%

+3.03%

+2.75%

+6.37%

+7.93%

+22.72%

+97.81%

+11.05%

+15.10%

Freight Transport '26: Ocean Carriers

MAERSK-B.CO, 601919.SHG, HLAG.XETRA, 9101.T, 2603.TW, 011200.KO +18

+0.59%

-1.12%

+3.06%

+6.27%

-1.90%

+0.21%

+13.82%

+24.62%

+33.99%

+29.39%

-2.73%

+40.92%

Return to Office '24: Out of Home (OOH) & Billboard Ads

LAMR, OUT, DEC.PA, SAX.XETRA, CCO, APGN.SW +3

+0.15%

+1.08%

+3.04%

+2.42%

+10.03%

+3.06%

+16.52%

+19.18%

+33.08%

+31.87%

+11.83%

+33.79%

Small Themes '26: Colombian Red Wave

CEMARGOSCL.SN, EC, ISA.CL, CIB, TIGO, AVAL +2

-0.44%

+0.82%

+3.03%

+2.68%

-0.65%

+17.44%

+35.25%

+70.81%

+146.59%

+243.09%

+20.86%

+103.56%

MedTech Long '25: Mental Health

AXSM, DFTX, ATAI, CMPS, PCRX, TALK +1

+0.18%

+2.35%

+3.01%

+7.62%

+4.06%

+36.41%

+72.10%

+109.12%

+244.52%

-2.82%

+63.80%

+142.33%

Beauty '26: Diversified Beauty

OR.PA, EL, 4452.T, 4911.T, 051900.KO, NUS +1

+1.50%

-0.61%

+3.00%

+4.88%

-4.07%

-2.70%

-9.39%

-14.81%

-16.74%

-27.42%

-15.46%

-4.38%

Fiscal Spend '26: Medicaid & Dem-Favored Healthcare

UNH, CVS, CNC, MOH, OSCR, MMS

+0.71%

+0.23%

+2.99%

+0.90%

+10.09%

+21.68%

+38.23%

+51.36%

+29.24%

-0.78%

+43.52%

+24.88%

GLP-1 Short '24: Health Insurance

UNH, AON, EVH

-2.64%

+0.47%

+2.98%

+1.68%

-7.86%

-20.35%

-24.21%

-6.18%

+21.39%

-0.95%

-39.01%

+19.89%

Natural Disasters Long '24: Ag

BG, ADMA, DMC, CVGW

-0.31%

-0.57%

+2.98%

+3.76%

-1.44%

-9.89%

-8.91%

-7.67%

+22.08%

+50.70%

-20.95%

-3.18%

Regulatory Testing '26: Food Safety & Testing

IDXX, ERF.PA, BIM.PA, QGEN, NEOG, TRAK

+0.30%

+3.65%

+2.95%

+2.59%

+0.89%

-3.19%

-7.02%

-6.98%

+1.04%

-18.86%

-11.11%

+2.88%

Small Themes '25: Tariff Shippers

UPS, FDX, CHRW, EXPD, INSW, STNG +2

+1.17%

-1.05%

+2.95%

+5.24%

-1.25%

+3.11%

+36.37%

+64.36%

+50.26%

-1.99%

+4.13%

+86.64%

Music '26: Asian Music

TME, 352820.KS, 9899.HK, SAREGAMA.NSE, TIPSMUSIC.NS, 7860.T +5

+0.29%

+1.15%

+2.94%

+6.47%

+0.34%

-7.44%

-15.00%

-40.78%

-24.76%

-38.06%

-16.83%

-34.31%

Education '24: Digital Education Tools

DUOL, LRN, VTKLY, COUR, UDMY, IEL.AU +3

-0.99%

+0.61%

+2.92%

+1.08%

-4.71%

+6.20%

-11.71%

-22.10%

-9.19%

-61.85%

+8.55%

-17.26%

Payments '24: New Age Lending

AFRM, SOFI, ENVA, UPST, HAPN, OPFI +2

+0.07%

+3.94%

+2.90%

-0.84%

-6.55%

+24.94%

+4.68%

+15.16%

+175.33%

-12.23%

+32.35%

+50.39%

Edge AI Long '24: Edge Integrators

2317.TW, 002475.SHE, 2382.TW, AKAM

-0.72%

+1.18%

+2.90%

+1.56%

+0.20%

-2.25%

+30.74%

+60.56%

+45.36%

+122.40%

+22.71%

+78.16%

Freight Transport '26: Global Couriers

UPS, FDX, DHL.XETRA, PST.MI, 6178.T, 002352.SHE +14

+0.27%

+0.59%

+2.89%

+2.91%

+1.24%

+5.50%

+8.11%

+9.28%

+25.12%

-6.21%

-0.75%

+25.37%

Video Games '25: Premium Console & Games

MSFT, SONY, EA, TTWO, 3659.T, 9697.T +13

+0.40%

+0.34%

+2.89%

+2.68%

-4.68%

-4.14%

-13.66%

-19.60%

+6.25%

+74.45%

-6.98%

-0.01%

MedTech Long '26: Life Science Tools & Bioprocessing

DHR, DIM.PA, TMO, WST, RGEN, LONN.SW +8

+0.52%

+3.10%

+2.86%

+2.31%

-2.41%

+11.85%

+6.36%

+18.40%

+12.69%

-15.04%

+16.95%

+26.46%

Passenger Transports '26: Japanese Rail

9020.T, 9022.T, 9021.T, 9042.T, 9005.T, 9009.T +9

0.00%

-0.60%

+2.85%

+5.68%

+3.76%

-4.65%

-6.86%

-0.80%

+5.19%

-40.20%

-13.37%

+0.97%

MedTech Long '25: Elective Aesthetics

ESTA, RVNC, INMD, EOLS, AIRS, APYX +2

+0.03%

+0.61%

+2.83%

+4.39%

+2.20%

+14.24%

+25.14%

+24.37%

+43.53%

-52.89%

+38.56%

+61.59%

Fiscal Spend '26: Citizen Surveillance

PLTR, AXON, VRRM, MSI, CGNT, SPCB +8

-0.18%

+0.56%

+2.81%

-2.02%

+2.78%

-4.49%

+0.58%

+9.10%

+157.56%

+91.57%

+3.47%

+51.31%

HaveNots Longs '25: Blue Collar Services

CTAS, GWW, UTI, WOR, MLR

+2.15%

-0.21%

+2.81%

+2.19%

-0.43%

+9.11%

+31.39%

+14.53%

+52.07%

+128.95%

+13.06%

+27.77%

Small Themes '25: Food Safety & Quality Producers

WAT, ERF.PA, SFM, JBTM, UNFI, NEOG +6

-0.09%

+0.48%

+2.80%

+0.08%

+7.27%

+3.95%

-5.40%

-18.73%

+5.02%

-12.08%

-2.33%

-17.96%

Energy Sovereignty '26: LatAm Energy Buildup

PBR, VIST, EC, YPF, PAM, TGS +6

-0.29%

-0.75%

+2.80%

+4.58%

+0.62%

-6.56%

+28.70%

+43.14%

+58.59%

+487.25%

+11.58%

+40.40%

Child Care '24: Child Healthcare

ABT, BN.PA, KVUE, ALGN, MD, PRGO +2

+1.06%

+1.12%

+2.78%

+1.86%

-3.20%

-0.73%

-6.87%

-4.00%

+27.53%

-24.65%

-5.71%

+7.76%

Stagflation Short '25: Expensive Tech

NVDA, AAPL, DELL, NTAP, DXCM, ZS +4

+0.10%

+1.11%

+2.78%

-1.34%

-2.61%

-2.21%

-11.03%

-26.42%

-217.97%

-333.67%

-22.36%

-78.94%

MedTech Short '25: Heavy China Exposure

ABBV, NVO, AMGN, DHR, BMY, IQV +5

+0.40%

+1.66%

+2.78%

-2.11%

-2.34%

-11.93%

-4.47%

-9.03%

-14.80%

-27.09%

-9.40%

-7.63%

Stagflation Long '25: Waste, Water & Sanitation

WM, RSG, WCN, ROL, WTRG

+1.05%

-0.72%

+2.77%

+4.37%

+2.41%

+1.94%

-2.91%

-4.35%

+4.96%

+52.35%

-7.17%

-7.38%

Gig Economy '26: Selling Marketplace

AMZN, ABNB, SE, EBAY, ETSY, ART.AU +1

+0.26%

+2.06%

+2.73%

+3.54%

+2.25%

-5.19%

+8.84%

+19.37%

+42.03%

+53.99%

+9.13%

+40.06%

Regional Oil '26: Equatorial Margin & Frontiers

XOM, CVX, 0883.HK, PBR, APA, WDS.AU

+0.10%

-1.77%

+2.73%

+4.55%

-0.57%

-11.48%

+21.98%

+31.45%

+28.75%

+207.68%

-3.72%

+28.83%

Connectivity '24: Enterprise Network Infra

CSCO, EXTR, VISN, CALX, RBBN

-0.09%

+3.83%

+2.72%

+2.33%

+16.26%

+2.89%

+26.39%

+40.05%

+187.25%

+149.50%

+35.87%

+81.09%

Freight Transport '26: Last MIle & Warehousing

AMZN, UBER, DASH, UPS, FDX, DHL.XETRA +14

+0.20%

+1.41%

+2.70%

+1.88%

+2.10%

-4.74%

+1.00%

-5.97%

+22.71%

+51.12%

+0.27%

+9.47%

Alt & Market Data '24: Commercial Data

IOT, PL, IT, DSGX, G, CASS +4

-0.50%

+0.94%

+2.67%

-2.46%

-5.98%

-3.69%

+3.86%

+9.58%

+50.04%

+21.44%

+22.63%

+21.11%

Beauty '26: Cosmetics & Skincare

OR.PA, EL.PA, GALD.SW, EL, BEI.SW, 278470.KO +17

+0.55%

-1.32%

+2.66%

+4.75%

-0.40%

-9.05%

+3.18%

-11.23%

+11.58%

-13.11%

-1.60%

+18.80%

Modern Warfare '26: Golden Dome

LHX, NOC, PLTR, LMT, RTX, SPCK +11

+0.49%

-1.52%

+2.66%

-1.37%

-3.11%

-0.92%

+2.91%

+12.77%

+100.61%

+229.57%

-7.53%

+44.84%

Grocers '26: C-Stores

BP, FMX, CASY, 3382.T, MUSA, ZAB.WAR +12

+0.36%

-0.80%

+2.65%

+4.03%

+5.25%

-6.37%

+19.12%

+29.57%

+32.18%

+59.26%

+9.24%

+37.84%

Toys & Hobbies '25: Artistic Hobbies

ADBE, 6448.T, BB.PA, FSKRS.HE, 7846.T, 1377.T +10

+0.36%

+2.43%

+2.65%

+3.73%

-10.00%

+7.25%

-6.60%

-8.41%

-14.44%

-52.70%

-7.45%

-5.64%

MedTech Long '24: Regenerative Med

VCEL, ATEC, TCMD, MDXG, MDWD, RCEL

+0.79%

+0.07%

+2.64%

+3.26%

-12.35%

+36.41%

-8.11%

+13.69%

+20.29%

-50.62%

-3.08%

+9.28%

GLP-1 Short '24: Weight Loss Plans

HLF, USNA, NUS, MED, FTLF, BODI +3

-0.00%

+2.03%

+2.63%

-1.14%

+3.52%

+8.98%

+7.30%

-10.78%

-54.71%

+86.36%

+8.53%

-15.66%

US Industrial Manf '26: Digital Twin Software

DSY.PA, BSY, SNPS, ROK, ADSK, HEXA-B.ST +10

-0.38%

+1.27%

+2.63%

+0.09%

-1.68%

-6.10%

-5.14%

-9.58%

+11.23%

+92.23%

-2.06%

+10.31%

Freight Transport '26: Integrated Express Shipping

UPS, FDX, DHL.XETRA, BSTI, ZTO, 1519.HK +8

+0.20%

+0.55%

+2.63%

+2.47%

+0.88%

+3.30%

-1.45%

+1.92%

+17.12%

-14.30%

-7.04%

+12.96%

BS Jobs '26: Bloated Operations in Consumer

TGT, TTWO, EL, DG, 4755.T

+0.65%

-0.14%

+2.61%

+2.67%

-1.30%

+6.81%

-3.65%

+7.94%

+14.46%

-44.54%

-4.21%

+24.38%

Fiscal Spend '25: Uranium

CCJ, KAP.LSE, NXE, URA, LEU, PDN.AU +2

+1.39%

+2.50%

+2.60%

+2.40%

+2.82%

-16.00%

+5.02%

+25.69%

+63.45%

+303.11%

-18.49%

+112.85%

Bank Long '24: Bulge Bracket Banks

JPM, BAC, MS, GS, C, UBS

+0.42%

+1.76%

+2.56%

+2.88%

+0.20%

+12.64%

+15.97%

+43.75%

+92.48%

+105.99%

+24.15%

+72.27%

Autonomous Vehicle Proliferation '26: Chinese Tires

603049.SHG, 601058.SHG, 601966.SHG, 601163.SHG, 600182.SHG, 600469.SHG +1

+0.88%

-1.50%

+2.56%

+2.59%

+3.51%

-14.09%

-17.18%

-3.79%

+2.46%

-29.03%

-22.04%

-4.79%

Freight Transport '26: Freight Brokerages

CHRW, YMM, LSTR, DSGX, RXO, DNORD.CO +3

+1.39%

+0.11%

+2.52%

+2.41%

-0.31%

+7.37%

+26.71%

+23.85%

+25.30%

+4.23%

+17.00%

+28.47%

S&P 500 (SPY)

Benchmark · SPY

—

+0.85%

+2.52%

+0.80%

—

+10.62%

+21.79%

+38.45%

+84.02%

+10.10%

+21.79%

Buying a House '26: Waste Services

WM, RSG, WCN, VEOEY, GFL, OSK +4

+0.41%

-0.19%

+2.51%

+1.96%

+1.85%

+5.60%

+5.42%

+5.53%

+18.03%

+53.10%

-2.69%

+15.63%

Euro Spend '26: European Biofuels

TTE.PA, ADM, NESTE.HE, BG, UPM.HE, AGRO +5

+1.04%

-0.22%

+2.50%

+4.96%

+2.14%

-11.66%

+18.49%

+32.74%

+24.26%

+55.84%

+2.79%

+49.98%

NatGas '25: Diversified Energy Producers

XOM, CVX, EOG, DVN, GPRK

-0.46%

-2.18%

+2.47%

+4.05%

-1.63%

-9.01%

+21.27%

+22.45%

+12.53%

+146.29%

+1.11%

+14.49%

Small Themes '24: Asset Light Brand IP

8136.T, IPAR, PVH, COTY, RSVR, XPOF +4

-0.31%

+0.63%

+2.47%

+0.09%

-2.61%

+12.23%

-7.99%

-29.64%

-31.43%

-25.48%

+2.30%

-15.89%

Virality '25: Virality Facilitator

BRZE, STGW, DV, SMWB, SPT, CMRC +4

+0.14%

+2.86%

+2.46%

+1.55%

-4.23%

+21.25%

+33.92%

+9.28%

+1.55%

-69.74%

+46.44%

+19.71%

Fiscal Spend '26: Venezuelan Oil & Oilfield Services

SPM, CVX, COP, PBR, VLO, SLB +9

-0.32%

-0.67%

+2.43%

+3.56%

-0.48%

-8.79%

+26.37%

+32.87%

+38.58%

+44.70%

-2.04%

+34.89%

Energy Services '26: Offshore Drillers

RIG, NE, SDRL, BORR, 2382.SR, TDW +5

+0.36%

-1.68%

+2.43%

+4.05%

+0.38%

-13.82%

+26.36%

+57.25%

+6.95%

-56.68%

-12.41%

+73.40%

AI '26: Intelligence Infrastructure Supercycle

NVDA, GOOG, MSFT, AMZN, TSM, AVGO +7

+0.14%

+1.57%

+2.42%

+2.03%

+0.02%

-0.14%

+33.37%

+55.71%

+87.45%

+218.44%

+25.46%

+105.97%

Shoes '26: Athletic Shoes

NKE, ADS.XETRA, 2020.HK, DECK, ONON, 7936.T +12

+0.40%

+0.76%

+2.40%

+3.21%

+2.05%

+2.87%

-6.49%

-10.40%

+14.90%

-68.16%

-12.92%

-0.48%

Freight Transport '26: Ports

ADANIPORTS.NS, ICTEF, 600018.SHG, 601298.SHG, 0144.HK, HHFA.F +13

+0.43%

+0.66%

+2.39%

+2.82%

+0.08%

+11.45%

+9.43%

+22.47%

+52.91%

+79.32%

+0.34%

+36.88%

Modern Warfare '26: Sensors, Targeting & Battlefield Perception

TDY, LHX, ESLT, HAG.XETRA, AMBA, PLTR +12

+0.04%

-0.47%

+2.39%

-2.67%

-3.29%

-3.95%

+31.92%

+49.11%

+193.49%

+601.06%

+12.37%

+109.79%

Infra Built in ZIRP '25: Digital Consumer Service

DASH, CVNA, RBLX, TOST, DKNG, FTDR +2

-0.70%

+1.46%

+2.37%

+0.74%

-3.13%

+5.28%

-8.90%

-14.41%

+72.36%

-29.07%

+9.96%

+15.28%

Stagflation Long '25: Energy & Manf Resilience

VLO, MPC, EPD, DVN, RS, BERY +2

-0.57%

-0.56%

+2.35%

+2.25%

-1.40%

+6.95%

+31.61%

+33.19%

+43.69%

+165.30%

+15.78%

+37.65%

Renewable Energy '26: Green Molecules

APD, LIN, YAR.OL, NCH2.XETRA, CF, ENGI.PA +5

+0.04%

-0.34%

+2.34%

-1.93%

+1.88%

+5.81%

+33.86%

+32.38%

+59.50%

+87.32%

+17.26%

+69.56%

Energy (XLE)

Benchmark · XLE

—

-1.40%

+2.33%

+3.81%

—

+21.74%

+28.38%

+31.57%

+149.18%

-2.57%

+28.38%

Data Centers '25: Industrial Inputs & Distribution

LIN, AI.PA, APD, GWW, FAST, ROP +3

+0.15%

-0.09%

+2.31%

+0.01%

+0.80%

+1.82%

+8.46%

+0.91%

+21.82%

+48.10%

+0.58%

+5.52%

Natural Disasters Short '24: P&C

CB, PGR, TRV, ALL, ACGL, WRB +2

+0.82%

-0.57%

+2.29%

-1.95%

-0.56%

-11.54%

-10.82%

-26.40%

-78.14%

-96.17%

-8.07%

-26.55%

Business Services '25: BPOs

TEP.PA, CNXC, MARE.MI, FIVN, EXLS, 2388.TW +4

+0.17%

+0.11%

+2.29%

+0.71%

+3.59%

-1.39%

-10.88%

-25.97%

-19.65%

-30.49%

+4.45%

-17.16%

Cycle Long '24: Cash Services

FCFS, ENVA, MKTX

-0.95%

+1.70%

+2.29%

-1.35%

+2.80%

+7.19%

+10.55%

+23.52%

+75.31%

-9.77%

+5.47%

+35.52%

Global Defense '26: Japan Warfare & Defense

7011.T, 7013.T, 7012.T, 6503.T, 6701.T, 7270.T +2

0.00%

-1.18%

+2.29%

+2.46%

-0.93%

-9.13%

+2.86%

+17.96%

+106.02%

+256.94%

-19.24%

+43.34%

Small Themes '24: Retail Professional Services

SCHW, HOOD, INTU, FTDR, HRB, LZ +3

+0.47%

+0.35%

+2.28%

-1.11%

-12.47%

+22.89%

-4.91%

+0.60%

+49.23%

+14.06%

+11.77%

+40.55%

Stagflation Long '25: Aging Demo Tailwind

WELL, VRTX, MCK, COR, ARGX, CAH +1

+0.44%

-1.19%

+2.27%

+1.07%

-2.70%

+22.97%

+15.72%

+38.68%

+67.19%

+138.03%

+11.14%

+41.12%

Energy Bottleneck '26: US Integrated Energy Majors

XOM, CVX, COP, EOG, OXY, FANG +2

+0.01%

-2.18%

+2.26%

+3.97%

-2.07%

-9.24%

+18.82%

+18.64%

+11.49%

+170.57%

-3.01%

+10.86%

Energy Sovereignty '26: Chinese Energy Security

0857.HK, 0883.HK, 0386.HK, 0135.HK, 2883.HK, 1088.HK +4

-0.08%

-0.55%

+2.25%

+4.64%

+1.92%

-21.69%

-2.39%

+13.87%

+12.64%

+370.64%

-17.91%

+21.49%

Supply Shock in MidEast Long '26: Fertilizers

NTR, SQM, CF, YAR.OL, MOS, ICL +5

+0.69%

-1.83%

+2.21%

+2.14%

-3.62%

-10.51%

+16.39%

+10.77%

+53.88%

+51.44%

-0.91%

+38.08%

Biotech '26: Established Pharma

JNJ, RHHBY, MRK, ABT, PFE, VRTX +4

-0.28%

+0.21%

+2.19%

+2.62%

+0.45%

+5.08%

+11.08%

+30.39%

+30.87%

+54.17%

+4.06%

+33.69%

Supply Shock in MidEast Long '26: Commodity Traders

BP, ADM, BG, NE, VC2.SI, GLEN.LSE

+0.14%

-0.25%

+2.16%

+4.08%

+1.80%

-11.85%

+29.28%

+42.06%

+18.25%

+66.83%

+3.14%

+57.54%

China '25: Demand Side

BABA, 600519.SHG, PDD, NTES, 3690.HK, JD +15

+1.02%

-1.47%

+2.13%

+3.60%

+0.36%

-10.21%

-18.79%

-15.26%

+3.44%

-44.07%

-18.45%

-18.64%

Earned Wage Access '26: Secured Short Term Lending

NU, XYZ, GEN, CHYM, DAVE, CASH +1

+0.90%

+1.93%

+2.12%

+1.42%

+0.28%

+11.76%

+15.90%

+8.49%

+62.70%

-37.33%

+16.35%

+38.37%

Cycle Long '24: Health & Life Sciences

DHR, A, ILMN, CRL, ENSG, BRKR +1

+0.22%

+3.24%

+2.10%

+1.42%

+1.58%

+11.67%

+22.83%

+46.71%

+22.79%

-25.85%

+24.03%

+66.81%

Video & News '24: Talent Agencies

LYV, PUB.PA, OMC, 352820.KO, 1368.HK, TIRX +7

-0.01%

-0.25%

+2.09%

+2.95%

+0.28%

+5.44%

-13.13%

-8.69%

-5.99%

+34.40%

-13.66%

-6.92%

Video Games '25: European Game Makers

CDR.WAR, HACK.ST, MTG-B.ST, PDX.ST, EMBRAC-B.ST, PLTK +5

+0.21%

+1.63%

+2.09%

+1.73%

+4.22%

-4.27%

-1.03%

-6.46%

+10.46%

-68.93%

+6.19%

+14.23%

TrumpPolicy PreElection Short '24: US Defense

LMT, NOC, ITA, OSK, AVAV

+0.95%

-1.62%

+2.08%

+2.11%

+7.66%

+2.69%

-3.81%

-7.43%

-38.61%

-57.77%

+19.42%

-36.89%

AI '24: Cloud Computing

AAPL, GOOG, MSFT, AMZN, ORCL, DOCN

+0.75%

+0.80%

+2.06%

+2.16%

+3.19%

-0.65%

+22.20%

+52.07%

+70.15%

+129.39%

+30.97%

+74.59%

MedTech Long '26: CROs

IQV, ICLR, MEDP, CRL, FTRE, TMO +1

-1.25%

+2.32%

+2.05%

-1.27%

-5.27%

+13.71%

+1.69%

+51.38%

+3.07%

+19.71%

+27.18%

+45.86%

Small Themes '25: Disaffected Young Men

META, TSLA, HOOD, DASH, TTWO, COIN +11

+1.29%

+1.30%

+2.05%

+0.41%

-5.78%

+8.92%

-1.22%

-6.57%

+74.92%

+85.93%

+16.70%

+33.91%

Grocers '26: Latin American Grocers

WALMEX.MX, PSMT, TBBB, DIA.MC, ASAI3.SA, LACOMERUBC.MX +4

-0.30%

+0.85%

+2.03%

+2.07%

+1.31%

-8.58%

+3.57%

+5.15%

+34.10%

+2.86%

-5.97%

+20.20%

Beauty '26: Beauty Retailer

MC.PA, ULTA, OSW, SBH, ODD, DOU.XETRA +5

+0.11%

+1.39%

+2.00%

-0.54%

-6.77%

-12.28%

-12.61%

-12.51%

-6.35%

-27.84%

-2.47%

+5.31%

Biotech '25: RNA-Based/Genetic Medicine

ARWR, IONS, TWST, DYN, FDMT, SLN +1

+1.25%

-0.97%

+1.99%

+2.97%

-2.43%

+20.46%

+55.44%

+169.33%

+36.63%

+8.43%

+38.83%

+288.86%

Video & News '24: Media Conglomerate

AAPL, GOOG, AMZN, DIS, SONY, CMCSA +2

-0.06%

-0.33%

+1.99%

-0.01%

+5.55%

+0.82%

-8.92%

+4.89%

+21.95%

+121.18%

-3.92%

+11.32%

Cycle Long '24: Transport

UNP, CSX, CP, CNI, NSC, ODFL +4

+0.32%

+2.07%

+1.98%

+2.22%

+2.72%

+6.49%

+37.58%

+42.52%

+49.74%

+33.64%

+13.05%

+53.52%

Elder Care '26: Senior Living

WELL, VTR, BKD, SNDA, AHR, JAN +13

+0.05%

+0.19%

+1.96%

+0.71%

+1.56%

+8.08%

+24.49%

+47.96%

+81.67%

+188.78%

+8.02%

+61.01%

China '25: Meat & Dairy

600887.SHG, 300498.SHE, 2319.HK, 0151.HK, A2M.AU, 603713.SHG +8

+0.08%

-0.90%

+1.95%

+1.23%

+2.43%

-10.39%

-14.56%

-8.46%

+19.60%

-35.22%

-17.78%

-5.91%

Agentic Utilities '26: Agentic Payments

GOOG, JPM, V, SHOP, HOOD, COIN +2

+1.39%

+0.65%

+1.95%

+2.83%

+6.65%

-1.20%

-4.16%

-7.67%

+85.57%

+108.95%

+10.21%

+49.63%

AI '26: Taiwanese Semis

TSM, 2454.TW, ASX, 2344.TW, 8046.TW, 6488.TWO +5

+0.37%

+4.13%

+1.95%

-0.01%

-3.37%

+24.04%

+170.78%

+325.82%

+304.08%

+284.66%

+64.89%

+391.55%

Bank Long '24: Established Banks

JPM, UBS, PNC, USB, FCNCA, EWBC +2

-0.23%

+1.83%

+1.93%

+0.16%

-1.15%

+11.15%

+14.61%

+25.90%

+64.21%

+90.51%

+16.86%

+46.94%

Cycle Long '24: Consumer Inelastic

NFLX, TJX, MO, TTWO, DG, ALRM +1

+0.46%

-0.48%

+1.91%

+1.76%

-2.21%

-10.66%

+1.03%

+0.66%

+17.57%

+68.15%

-1.77%

+10.70%

Virality '25: Viral Cosmetics & Skincare

ULTA, 278470.KO, ELF, IPAR, SBH, NUS

+0.57%

+0.70%

+1.90%

+1.77%

-2.09%

+2.93%

+5.49%

+12.62%

+43.35%

+57.51%

-8.88%

+67.48%

China '26: Semis

688256.SHG, 002371.SHE, 1810.HK, 688072.SHG, ACMR, 688795.SHG

-3.68%

+5.06%

+1.86%

-2.89%

+7.93%

+20.21%

+65.33%

+159.15%

+411.56%

+132.18%

+53.36%

+169.06%

Regional Oil '26: Permian Pure-Plays

PR, MTDR, CIVI, TPL, FANG, SM +7

+0.17%

-1.82%

+1.86%

+4.16%

-5.42%

-6.38%

+23.63%

+10.78%

+1.81%

+155.31%

-1.43%

+5.57%

City-Specific Businesses '26: London Business

SHC.LSE, GPE.LSE, DLN.LSE, LAND.LSE, BLND.LSE, WKP.LSE +6

+1.33%

+1.60%

+1.85%

+3.10%

+2.66%

+6.88%

+2.27%

+1.72%

+2.50%

-8.43%

-3.21%

+18.61%

China '26: Lifestyle Brands

WMT, HTHT, LKNCY, ATAT, 600612.SHG

+0.44%

-1.69%

+1.81%

+2.62%

-7.69%

-6.86%

-9.81%

-0.16%

+46.71%

+149.45%

-16.17%

+5.09%

Space Supply Chain '26: China in Space

600118.SHG, 600879.SHG, 688333.SHG, 002151.SHE, 601698.SHG, 000547.SHE +5

+7.02%

+5.48%

+1.80%

+2.68%

-0.54%

+11.97%

-7.05%

+98.49%

+185.75%

+101.65%

-13.69%

+116.68%

Energy Services '26: Midstream, Pipelines, MLPs

EPD, WMB, KMI, OKE, ET, MPLX +10

-0.10%

-0.71%

+1.76%

+3.40%

-0.63%

+2.07%

+21.32%

+23.67%

+55.17%

+111.05%

+3.79%

+16.42%

City-Specific Businesses '26: Tokyo Business

8802.T, 8801.T, 8830.T, 9005.T, 9023.T, 9020.T +9

0.00%

-1.19%

+1.76%

+4.56%

-1.70%

-4.07%

-8.42%

+2.60%

+12.24%

-22.50%

-19.62%

+6.77%

Resi Real Estate '26: Emerging Market RE Agents

NPN.JO, PRX.AS, EMAAR.AE, DLF.NS, BEKE, NAUKRI.NS +6

+1.09%

+0.25%

+1.74%

+2.88%

+2.33%

+4.61%

-13.10%

-16.81%

+8.92%

+11.76%

-16.47%

-9.87%

Fiscal Spend '26: New Dietary Guidelines

DANOY, ADM, JBS, TSN, SAP.TO, SFM +9

+0.23%

+0.24%

+1.73%

+1.39%

+0.24%

-4.70%

-0.60%

-5.33%

+31.34%

+10.26%

-5.16%

+4.53%

Beauty '26: Beauty Suppliers & Testers

161890.KO, GIVN.SW, ERF.PA, ATR, 192820.KO, CRDA.LSE +3

-0.36%

-1.69%

+1.71%

+4.78%

-4.49%

+7.77%

+19.67%

-6.44%

+22.11%

-8.02%

+4.58%

+20.82%

Supply Shock in MidEast Short '26: MidEast Hotels & Conventions

MAR, HLT, AC.PA, 4250.SR, GLO.PA, AHMA

+0.72%

+1.46%

+1.70%

+1.34%

+2.60%

-5.74%

-13.66%

-9.34%

-35.98%

-127.75%

+6.89%

-24.75%

TrumpPolicy PreElection Short '24: ADA Repeal

CAH, CNC, MOH

-0.48%

-0.06%

+1.68%

+1.44%

-7.84%

-22.79%

-39.44%

-52.64%

-39.40%

-37.92%

-33.65%

-18.86%

China '24: Industrial/Materials/Logistics

1919.HK, 1378.HK, 0316.HK, 6198.HK, 1839.HK, 0548.HK

+0.20%

-1.19%

+1.67%

+2.72%

-0.96%

-18.27%

-8.78%

+5.40%

+29.74%

+159.86%

-15.48%

+18.28%

AI '25: Japan AI

SONY, 6762.T, 6701.T

-0.17%

+0.79%

+1.65%

+1.41%

-0.80%

+7.12%

+4.17%

+26.95%

+56.85%

+47.25%

+10.69%

+39.83%

H20 '24: Engineering/Consult

SU.PA, VLTO, J, ACM, ESE, TTEK +2

+0.68%

-0.26%

+1.62%

+2.36%

+1.89%

-3.41%

-1.17%

-7.32%

+12.48%

+75.24%

-9.90%

+8.81%

Small Themes '25: Ghost Nations

AMGN, VTR, 2412.TW, VNA.XETRA, SOON.SW, PEN +4

+1.04%

+0.33%

+1.61%

+2.21%

-0.35%

+6.62%

+1.48%

+4.03%

+23.63%

+28.02%

-6.02%

+11.30%

NatGas '25: Gas Marketing & Trading

BP, WMB, MQG.AU, OKE, EXE, GLEN.LSE

-0.04%

+0.05%

+1.58%

+2.95%

+1.03%

-5.62%

+16.26%

+23.43%

+32.11%

+112.34%

+0.60%

+22.26%

Supply Shock in MidEast Long '26: Worldwide SpotRate Shippers

MATX, WAWI.OL, ZIM, SBLK, HAUTO.OL, GNK +3

+0.44%

-1.84%

+1.57%

+2.80%

+1.26%

+6.53%

+48.06%

+82.40%

+80.93%

+234.50%

+6.08%

+111.91%

Video Games '25: Chinese Game Makers

0700.HK, NTES, 300418.SHE, BILI, 300315.SHE, 002555.SHE +11

+1.13%

+0.61%

+1.56%

+1.30%

+0.48%

+2.44%

-6.22%

+1.74%

+59.81%

-27.29%

-11.83%

+19.45%

Shoes '26: Outdoor Shoes

AS, DECK, WWW, ONON, COLM, VFC +11

+0.65%

+1.25%

+1.55%

+1.77%

+2.11%

+0.57%

-1.68%

-1.33%

+30.27%

-73.85%

-7.26%

+8.39%

Consumer Discretionary (XLY)

Benchmark · XLY

—

+1.34%

+1.55%

-1.05%

—

-0.87%

+7.57%

+25.05%

+32.53%

+1.65%

+7.57%

Restaurants '26: American Brand Franchisees

YUMC, 6015.SR, JUBLFOOD.NS, ALSEA.MX, ARCO, DEVYANI.NS +13

+0.49%

+0.12%

+1.55%

+0.95%

+0.30%

-7.54%

-12.61%

-18.61%

-16.39%

-38.48%

-14.23%

-16.27%

Supply Shock in MidEast Long '26: Chemicals

APD, DOW, LYB, WLK, CE, MEOH +2

+0.06%

-1.09%

+1.54%

+4.03%

-1.46%

-13.13%

+14.52%

+0.50%

-33.62%

-19.66%

-10.56%

-4.06%

China '26: Anti-Involution

3750.HK, 1211.HK, 6936.HK, ZTO, XPEV, DQ

-0.89%

-0.37%

+1.51%

-0.50%

+6.12%

-17.88%

-16.76%

-6.05%

+40.56%

+79.41%

-14.68%

-0.29%

Child Care '24: Child Content

DIS, RBLX, PSKY, 300459.SHE, 0303.HK, TOY.TO +4

+1.15%

+1.09%

+1.50%

+0.77%

+2.43%

-4.38%

-8.81%

-9.82%

+18.14%

-46.01%

-4.70%

+7.16%

Beauty '26: Haircare

OLPX, RGS, HIMS, OR.PA, SBH, PG +2

-0.49%

+0.25%

+1.48%

+1.20%

-0.91%

+0.37%

+21.57%

+23.94%

+76.62%

+23.71%

+26.40%

+52.31%

Space Supply Chain '26: Space War & Defense

LMT, NOC, SPCK, RTX, BA, BWXT +10

+0.31%

-0.82%

+1.46%

-0.87%

-2.68%

-0.62%

+4.47%

+18.44%

+49.78%

+38.83%

-8.15%

+40.83%

Oversupply Risk '26: Trucking

ODFL, JBHT, XPO, CHRW, KNX, TFII

+0.18%

+2.21%

+1.46%

+1.42%

-0.77%

+7.67%

+43.98%

+67.89%

+69.30%

+94.52%

+14.32%

+80.14%

GLP-1 Long '24: GLP1 Drug Producer

LLY, ROG.SW, NVO, AMGN, 1801.HK, 3933.HK +1

+5.08%

-0.47%

+1.45%

+8.57%

+8.49%

+16.09%

-22.15%

+7.78%

+24.70%

+142.80%

-24.65%

+16.11%

Trump Grift Era '25: Trump-aligned Execs

TSLA, ORCL, HD, PLTR, LVS, TKO +4

-0.23%

+1.13%

+1.44%

-1.85%

-3.83%

+2.38%

-7.98%

-14.45%

+22.62%

+117.13%

-0.40%

+6.14%

GLP-1 Long '24: GLP1 Equip/Distrib

BDX, HALO, ATR, HIMS, STVN, ATS +2

+0.10%

-0.17%

+1.44%

-1.38%

+0.70%

+4.39%

+1.81%

-7.80%

+22.85%

-4.40%

+9.98%

+9.69%

Tobacco '24: Cigarette Inputs

AMCR, IP, EMN, CE, UVV, MCM.MC +5

+2.42%

+0.47%

+1.43%

+7.67%

+0.73%

+4.39%

+4.99%

-13.52%

-6.80%

-36.63%

+0.62%

-3.48%

Fiscal Spend '24: Infra E&D

WSP.TO, ACM, J, TTEK, STN, ATRL.TO +8

+0.20%

-0.77%

+1.43%

+2.36%

-5.34%

-7.08%

-16.24%

-24.16%

-8.73%

+18.72%

-15.05%

-11.19%

Casinos '24: Gaming Solutions

ALL.AU, EVO.ST, LNW.AU, SRAD, 6417.T, BRSL +10

-0.15%

+1.98%

+1.43%

+2.64%

+2.12%

+10.86%

-2.42%

-6.78%

+28.14%

-31.07%

+6.34%

+8.51%

AI Short '26: White Collar Income & Credit Stress

AXP, UBER, BX, BKNG, COF, DASH +4

-0.11%

+3.07%

+1.42%

-0.04%

+2.26%

-3.92%

+6.96%

-20.44%

-60.40%

-47.91%

-10.73%

-37.85%

City-Specific Businesses '26: Hong Kong Business

0016.HK, 0012.HK, 0823.HK, 0066.HK, 1972.HK, 1997.HK +9

+0.81%

-0.38%

+1.38%

+3.64%

+1.34%

-4.82%

+3.09%

+15.49%

+74.02%

+50.45%

-13.16%

+38.13%

Stagflation Long '25: Asset Liquidation

FCFS, EZPW, LQDT, HGBL

+0.18%

+3.01%

+1.36%

+0.53%

+4.34%

+1.87%

+35.47%

+42.22%

+79.48%

+174.78%

+16.11%

+34.90%

Data Owners '25: Travel, Local Intent & Mobility Data

UBER, BKNG, GOOGL, ABNB, DASH, EXPE +13

+0.29%

+0.91%

+1.36%

+1.31%

+8.52%

-4.69%

-7.02%

-1.42%

+33.28%

+35.75%

+7.93%

+13.06%

Luxury '26: Luxury Auto

RACE, P911.XETRA, MBG.XETRA, BMW.XETRA, MGA, PAG +7

+0.01%

+1.35%

+0.62%

+1.73%

-1.20%

-8.52%

-11.09%

-14.53%

-20.44%

-6.82%

+2.50%

Looksmaxxing '26: Ascension Apparel & Accessories

MC.PA, RMS.PA, AS, LULU, MONC.MI, WOSG.LSE +6

+0.13%

+1.51%

+1.34%

+1.20%

-1.64%

-19.09%

-11.05%

-5.52%

+14.24%

-21.00%

-8.56%

+3.19%

Macro Short '26: Iran War Beneficiaries

EWJ, EPOL, EWM, TUR, ENOR

+0.23%

-0.16%

+1.31%

-1.76%

0.00%

-11.63%

-23.49%

-35.71%

-53.76%

+1.67%

-34.24%

Modern Warfare '26: Submarines

HII, GD, BWXT, BA.LSE, RR.LSE, 7011.T +7

+0.24%

-0.79%

+1.30%

+1.13%

+2.52%

-7.15%

+10.30%

+28.65%

+127.82%

+106.39%

-11.06%

+68.03%

Renewable Energy '26: Hydrogen

APD, LIN, NCH2.XETRA, NEL.OL, YAR.OL, PLUG +5

-0.04%

-0.03%

+1.30%

-3.71%

+5.33%

-1.90%

+46.21%

+64.99%

+100.35%

+83.31%

+25.84%

+115.23%

Rate Sensitivity '26: Rate Sensitive Regional Banks

OPY, KRNY, WSBF, OPBK

-1.42%

+2.02%

+1.29%

-3.66%

-3.68%

+10.14%

+25.61%

+42.75%

+84.18%

+32.96%

+17.98%

+56.53%

Cycle Long '26: Commodity Trading Houses

8058.T, 8031.T, GLEN.LSE, 8001.T, 8053.T, MQG.AU +4

+0.13%

+0.33%

+1.26%

+2.80%

+2.97%

-19.53%

+9.36%

+35.94%

+31.46%

+178.56%

-14.96%

+54.99%

Buying a House '26: Warranties & Titles

FICO, FNF, ORI, FAF, FTDR, STC +1

-1.16%

+1.40%

+1.26%

+0.07%

+1.84%

+10.39%

+2.85%

+14.82%

+36.34%

+66.98%

+0.28%

+19.15%

Technology (XLK)

Benchmark · XLK

—

+2.18%

+1.26%

-0.15%

—

+28.76%

+44.53%

+60.15%

+154.34%

+33.15%

+44.53%

Packaged Foods '26: Ingredients & Flavoring

GIVN.SW, MKC, SY1.XETRA, IFF, INGR, TATE.LSE +9

-0.04%

+0.04%

+1.26%

-0.05%

-0.60%

+11.70%

+8.61%

-5.92%

-2.52%

-18.78%

+2.49%

-0.92%

H20 '24: Environmental & Waste Management

RSG, CLH, WTRG, ARIS, ONT

+0.35%

+0.84%

+1.24%

+2.90%

-1.41%

+6.95%

-2.15%

-0.79%

+11.76%

+75.06%

-12.12%

+5.86%

Looksmaxxing '26: Skin Care & Body Treatment

HIMS, OR.PA, EL, ACT.XETRA, BANB.SW, ALGN +9

+0.37%

+0.71%

+1.24%

-0.26%

-2.05%

+1.10%

+11.68%

+10.57%

+48.37%

+15.44%

+17.52%

+42.47%

World Cup '26: World Cup Sponsors

V, BAC, KO, MCD, PEP, VZ +6

-0.36%

+0.56%

+1.23%

+0.86%

+3.54%

+4.24%

+15.22%

+14.79%

+31.80%

+31.78%

+7.36%

+14.62%

China '24: Energy & Resources

1088.HK, 1898.HK, 0836.HK, 6655.HK, 0639.HK

+0.40%

-0.91%

+1.22%

+3.64%

+0.52%

-16.51%

-9.69%

+8.56%

+17.58%

+273.36%

-20.82%

+18.13%

Autonomous Vehicle Proliferation '26: Next Gen Autonomous

UBER, 0175.HK, MGA, ZK

+1.29%

-0.37%

+1.22%

+4.38%

+3.14%

-1.21%

+6.07%

+9.42%

+77.55%

+22.39%

+5.99%

+30.94%

Payments '24: Integrated POS

SHOP, XYZ, TOST, FOUR, STNE, PAGS +1

+0.90%

+1.92%

+1.21%

-0.13%

-11.79%

+15.56%

-16.10%

-26.08%

+4.26%

-39.56%

+1.60%

-8.20%

Business Services '25: Office Equipment

6971.T, 4901.T, 7751.T, HPQ, LOGI, 6448.T +9

+0.48%

+0.97%

+1.19%

+2.08%

+1.80%

+10.44%

+13.79%

+15.97%

+12.53%

-4.15%

+14.25%

+13.88%

Consumer Auto '26: Dealer Marketplaces & Auctions

CVNA, AG1.XETRA, OPLN, CARG, ACVA, CARS +1

-0.42%

+1.15%

+1.14%

-1.57%

-1.32%

-8.00%

-3.58%

-7.85%

+51.44%

+18.12%

+25.58%

+16.19%

Edge AI Long '26: AI Wearables

GOOG, META, QCOM, EL.PA, 2382.HK, SYNA +1

+0.12%

+2.07%

+1.13%

-0.99%

+5.24%

-3.26%

+12.56%

+28.54%

+103.03%

+159.28%

+19.29%

+62.99%

Real Food '26: Eggs, Cheese & Other Dairy

BRBR, GLB.LSE, DANOY, SAP.TO, UNBL.PA, LWAY +8

+0.10%

-1.20%

+1.12%

-0.34%

+1.30%

-0.29%

-3.94%

-7.41%

+19.18%

-8.63%

-0.81%

-0.61%

Modern Warfare '26: Attritable Warfare

AVAV, KTOS, KRMN, SWMR, DRO.AU, RCAT +7

-0.02%

-0.74%

+1.11%

-5.93%

+2.19%

-1.42%

+1.61%

+55.16%

+244.03%

+271.31%

-12.12%

+150.41%

MedTech Long '25: Adv Bio Therapeutics & Regenerative Med

HALO, ARQT, 3696.HK, VCEL, WVE, OBIO

+2.44%

+1.72%

+1.10%

+5.89%

+2.16%

+20.62%

+2.95%

+41.62%

+55.53%

+10.36%

-4.49%

+38.51%

Renewable Energy '26: Wind Energy

VWS.CO, ORSTED.CO, GEV, ENR.XETRA, EQNR, RWE.XETRA +5

-0.87%

+1.58%

+1.08%

-1.71%

+4.98%

-8.18%

+32.75%

+50.80%

+104.91%

+285.06%

+6.47%

+91.03%

Small Themes '25: Travel Perks

AXP, UBER, COF, AMS.MC, GPN, VSAT +6

-0.17%

+0.66%

+1.06%

-1.93%

-1.61%

+3.31%

+13.79%

+13.85%

+76.81%

+39.65%

+13.24%

+42.55%

NatGas '25: Gas Producers

XOM, CVX, EOG, EQT, DVN, TOU.TO +8

-0.62%

-1.75%

+1.06%

+1.68%

-1.49%

-9.20%

+3.10%

+9.04%

+26.21%

+147.84%

-5.54%

+7.72%

Shoes '26: Sandals

BIRK, CROX, DECK, ALPA3.SA, GRND3.SA, SHOO +8

+0.56%

+2.70%

+1.06%

+2.40%

-2.19%

-15.50%

+6.29%

+14.59%

+11.17%

-16.74%

+0.51%

+21.61%

Grocers '26: Asian Grocers

8267.T, PGOLD.PSE, CPALL.BK, CPAXT.BK, 2912.TW, AMRT.JK +15

+0.61%

-0.23%

+1.05%

+3.94%

-1.16%

-9.74%

-5.35%

-2.45%

+32.95%

-13.79%

-10.96%

+12.93%

MedTech Long '25 : US Drug Dev Outsourcing

CRL, AVTR, FTRE, CERT, CYRX, NOTV +2

-0.07%

+3.48%

+1.01%

-0.04%

+1.67%

+27.70%

+14.62%

+35.70%

+46.95%

-62.93%

+37.22%

+38.18%

Retail Shopping '26: Global Fast Fashion

ITX.MC, HM-B.ST, ZAL.XETRA, GAP, 9983.T, BKE +9

+0.23%

+1.49%

+1.01%

+1.80%

-0.10%

+0.40%

-0.92%

+14.67%

+43.63%

+107.18%

-4.52%

+25.48%

Casinos '24: Lotteries

ALWN.AT, LTMC.MI, FDJU.PA, OPAP.AT, BRSL, INLOT.AT +3

+0.32%

-0.27%

+1.01%

+0.31%

+1.15%

-9.19%

-12.24%

-18.50%

+9.75%

-9.24%

-6.84%

-4.39%

Business Services '25: Global Office Furniture

HNI, MLKN, 7994.T, 016800.KO, 7972.T, 7984.T +10

-0.27%

+0.01%

+1.00%

+2.84%

-0.11%

+0.37%

-5.08%

-11.42%

-1.27%

-1.49%

-12.16%

+0.66%

Freight Transport '26: VLCCs

601872.SHG, FRO, INSW, EURN, DHT, ECO +3

+1.31%

-2.40%

+0.99%

+4.08%

-0.54%

-7.10%

+50.49%

+84.23%

+67.64%

+385.24%

+2.58%

+103.72%

MedTech Short '25: High Val MedTech

MEDP, OSCR, TXG, DOCS, TMDX, BFLY +3

+0.17%

+3.89%

+0.99%

+0.92%

+11.67%

-44.46%

-15.72%

-34.99%

-99.27%

+45.63%

-27.87%

-61.00%

Toys & Hobbies '25: Electronic Toys & Hobbies

NVDA, 7974.T, BBY, 7832.T, LOGI, GME +13

-0.02%

+1.72%

+0.98%

+1.20%

-0.35%

-7.83%

-4.52%

+8.61%

+19.80%

+1732.69%

-1.03%

+30.45%

Casinos '24: AusAsian Casinos

LVS, GXYEF, G13.SI, 1128.HK, 4715.KLSE, 0880.HK +2

-0.34%

+0.98%

+0.97%

+1.11%

-5.31%

-15.02%

-18.01%

-13.25%

-6.31%

-32.46%

-18.27%

-2.24%

Political Spend '26: Broadcasters

NXST, TGNA, SBGI, GTN, SSP

+0.82%

-1.32%

+0.97%

-2.97%

+0.12%

-10.01%

-9.66%

-3.88%

+34.06%

-19.81%

-18.56%

+9.19%

Grocers '26: North American Grocers

WMT, COST, L.TO, KR, MRU.TO, CART +10

-0.67%

-0.34%

+0.97%

+0.22%

-6.80%

-5.06%

-2.12%

-16.05%

+9.24%

+151.60%

-6.40%

-13.20%

Energy Services '26: Land Contract Drillers

HP, PTEN, NBR, PDS, ESI.TO, TOT.TO

-0.36%

-1.25%

+0.91%

+5.71%

-0.01%

-14.60%

+34.27%

+83.39%

+31.60%

+110.95%

+1.36%

+57.17%

Shoes '26: Lifestyle Shoes

AS, ADS.XETRA, DECK, CROX, NKE, VFC +14

+0.04%

+1.77%

+0.89%

+0.88%

+3.86%

+6.49%

+1.52%

+2.09%

+27.82%

-69.12%

-1.12%

+15.09%

High Tax Refund '26: Deferred Healthcare

ALGN, HSIC, WRBY, EYE

-3.40%

+2.34%

+0.89%

-3.35%

+3.40%

+4.10%

+7.56%

+6.07%

+44.23%

-58.43%

-5.43%

+42.73%

Business Services '25: Office Supplies

ACCO, 603899.SHG, 002301.SHE, 7984.T, 7846.T, BB.PA +10

+0.02%

+0.52%

+0.89%

-0.18%

+1.59%

-2.95%

+1.26%

-2.21%

+14.70%

+16.22%

-3.31%

+0.77%

Recreation '24: Sporting Goods & Outdoor Apparel

NKE, ADS.XETRA, 2020.HK, AS, MONC.MI, DECK +17

+0.62%

+1.14%

+0.89%

+1.48%

+2.71%

+2.65%

-12.43%

-15.51%

-4.13%

-66.13%

-15.40%

-8.73%

Video & News '24: News & Publications

NWSA, NYT, PPLI, ALHG.PA, ZD, TDAY +5

+0.46%

-0.08%

+0.88%

-0.08%

+1.70%

+0.82%

+38.23%

+22.65%

+11.27%

-22.81%

+33.68%

+14.09%

Supply Shock in MidEast Short '26: Jones Act Shippers

KEX, MATX, GBX, ALC.TO, OSG

+1.32%

+0.35%

+0.88%

-2.50%

-1.60%

-4.99%

-20.91%

-27.46%

-28.94%

-101.38%

-7.85%

-30.79%

Oversupply Risk '26: Offshore Drilling

NE, VAL, RIG, OII, HP, SDRL +1

-0.44%

-1.44%

+0.88%

+4.01%

-1.69%

-16.46%

+38.76%

+75.65%

+14.03%

+100.42%

-7.68%

+75.85%

Stagflation Short '25: Consumer Demand Compression

TGT, WSM, ONON, W, ARCB, RH +4

+0.37%

+2.29%

+0.87%

-1.50%

+0.12%

-10.75%

-14.37%

-15.40%

-14.18%

+36.35%

-3.45%

-27.60%

US Airlines Short '24: Discount

LUV, JBLU, ALGT, ULCC, EZJ.LSE, WIZZ.LSE

+2.65%

+4.15%

+0.86%

-2.67%

+5.27%

-33.89%

-32.73%

-54.72%

-68.90%

+41.69%

-22.84%

-60.47%

New Age Financing '26: Buy Now Pay Later

XYZ, PYPL, AFRM, GRAB, KLAR, SEZL +3

+0.42%

+2.24%

+0.85%

+0.56%

+0.53%

+13.38%

+14.63%

+6.13%

+106.99%

+42.44%

+33.61%

+55.64%

H20 '24: Filtration

XYL, VLTO, PNR, 6370.T, VIE.PA, ALFA.ST +6

-0.31%

+1.63%

+0.84%

-0.76%

-1.95%

+1.31%

+5.12%

+11.73%

+26.17%

+76.83%

-0.55%

+24.34%

Small Themes '24: Cannabis Solutions

SMG, IIPR, NLCP, MAPS, REFI, GRWG +4

-0.20%

+0.63%

+0.82%

+0.89%

+0.87%

+2.17%

-19.91%

-32.42%

-65.39%

-97.11%

-12.26%

-36.17%

Healthcare Long '25: Trump-Favored Insurance & Benefits

CVS, HUM, ACGL, HQY, ALHC, FIGS +2

-1.62%

+0.82%

-4.36%

+4.58%

+26.01%

-2.23%

+15.72%

+36.95%

+5.96%

+19.61%

+4.79%

MedTech Long '25: Wearable Health

DXCM, IRTC, RXST, EMBC, MYO

+1.57%

-1.79%

+0.82%

+2.67%

+5.19%

+15.12%

-23.76%

-26.28%

-48.29%

-22.53%

-11.76%

-43.14%

Asian Restaurants '26: Sushi, Izakaya & Japanese Cuisine

7550.T, 3563.T, 3197.T, 3397.T, 7581.T, 7616.T +13

-0.12%

-0.62%

+0.81%

+3.41%

-4.11%

-8.89%

-4.27%

-6.80%

+21.07%

+29.34%

-14.90%

+8.46%

Euro Spend '25: Energy E&C

FGR.PA, ENPH, SUN.SW, UMI.BR, GBF.XETRA, BAB.LSE

+0.11%

+1.40%

+0.77%

+0.42%

-6.91%

+7.45%

+2.38%

+10.63%

+45.80%

-10.07%

-12.38%

+38.30%

Real Food '25: Functional Protein

BRBR, GLB.LSE, LWAY, DANOY, KO, SAP.TO +8

-0.02%

-1.22%

+0.77%

-0.51%

+3.71%

+4.13%

-4.28%

-16.95%

-6.02%

+7.71%

+0.81%

-14.41%

Trump Grift Era '25: LutnickSonSpac

LPBB, CEPO, CEP

-0.03%

+0.07%

+0.73%

+0.54%

-0.12%

+0.56%

+2.29%

-0.51%

+8.90%

+6.54%

+1.92%

+5.04%

AI '24: DC Infra & Automation

DELL, ABBN.SW, VRT, 6669.TW, LR.PA, 3017.TW +7

+0.22%

+1.80%

+0.73%

-2.81%

+15.07%

+1.25%

+53.59%

+92.92%

+122.04%

+478.26%

+27.30%

+180.45%

Real Food '26: Poultry Producers

PPC, IBA, TSN, CALM, CPF.BK, BRFS3.SA +5

+0.07%

+0.10%

+0.72%

+1.55%

+5.21%

-4.25%

-4.19%

-8.37%

+11.36%

-25.87%

-10.45%

-7.01%

Modern Warfare '26: Military Connectivity & Tactical Networks

LHX, VSAT, IRDM, SPCK, KOG.OL, HO.PA +10

-0.97%

-1.50%

+0.68%

-3.58%

+0.73%

-7.12%

+37.07%

+59.81%

+171.61%

+72.62%

+7.49%

+106.53%

Regional Banks '26: Superregionals

PNC, USB, TFC, FCNCA, COF, FITB +6

-0.88%

+2.18%

+0.67%

-1.77%

-0.60%

+6.83%

+9.21%

+17.99%

+52.68%

+14.88%

+10.78%

+33.86%

China '24: FinTech

600570.SHG, TIGR, JFIN

-0.09%

+0.68%

+0.67%

-1.64%

+0.61%

-17.28%

-40.90%

-59.86%

+14.93%

-59.39%

-39.92%

-50.09%

Real Food '26: Fruits & Vegetables

DOLE, DMC, LW, AVO, HF.SN, GREEN.BR +11

-0.20%

-0.47%

+0.66%

+0.34%

+4.60%

-2.91%

+3.65%

+6.37%

+26.15%

-32.06%

-7.85%

+13.47%

AI '25: Data Center Power & Servers

DELL, ETN, VRT, 6669.TW, MPWR, HPE +16

-0.19%

+1.65%

+0.66%

+0.36%

+14.17%

-1.22%

+78.70%

+143.07%

+237.93%

+411.17%

+51.10%

+267.52%

Energy Sovereignty '26: Middle Eastern Energy

2222.SR, 2380.SR, 2381.SR, QGTS.QA, 2382.SR, WFRD +1

-0.36%

+0.86%

+0.65%

-0.96%

+3.20%

-5.32%

+21.70%

+24.04%

+16.58%

+22.19%

+15.05%

+18.12%

City-Specific Businesses '26: Macau Business

0027.HK, 1928.HK, 2282.HK, MLCO, 1128.HK, 0880.HK +6

+0.81%

-0.99%

+0.65%

+2.66%

-2.01%

-19.72%

-20.46%

-27.59%

-9.41%

-46.44%

-18.03%

-8.46%

Beauty '26: Mass Market

EL.PA, GALD.SW, ULTA, BEI.SW, 4452.T, ELF +4

-0.15%

+0.65%

-1.50%

+3.66%

-19.64%

-14.19%

-17.09%

-8.22%

+16.27%

-14.78%

-1.72%

Genomics '25: Sequencing Hardware

ILMN, ONT.LSE, PACB, 688114.SHG, TMO, ROG.SW +1

+1.52%

+3.37%

+0.65%

+1.24%

-0.68%

-1.01%

+10.54%

+29.26%

+73.53%

-64.09%

+8.01%

+50.94%

Beauty '26: Medical Aesthetics

ABBV, GALD.SW, ESTA, RVNC, INMD, EOLS +9

-0.27%

+1.53%

+0.64%

+1.87%

+6.96%

+17.76%

-12.52%

-16.83%

-18.71%

-54.71%

+6.27%

-3.50%

Freight Transport '26: LTL Trucking

ODFL, XPO, TFII, SAIA, ARCB, MTL.TO +2

+0.10%

+2.44%

+0.63%

+1.44%

-1.17%

+2.06%

+43.56%

+44.75%

+70.51%

+95.52%

+16.69%

+53.40%

Insurance Long '25: Core Insurers

CB, ACGL, WRB, RNR

+0.74%

-1.26%

+0.62%

+1.22%

-1.42%

+7.66%

+8.69%

+19.50%

+33.92%

+100.79%

+2.61%

+13.48%

Recreation '24: Sporting Clubs

FWONK, MSGS, MANU, BATRA, JUVE.MI, OLG.PA +10

-1.61%

+0.25%

+0.62%

-1.43%

+3.47%

+4.75%

+8.03%

+24.58%

+54.61%

+27.63%

+6.03%

+48.57%

GLP-1 Long '24: Peptide Producers/Designers

LONN.SW, CTLT, BANB.SW, STVN, CAMX.ST, 087010.KQ +5

+0.96%

+1.15%

+0.59%

+1.38%

-1.43%

+11.12%

+9.85%

+12.93%

+68.33%

-3.16%

+20.22%

+45.41%

Education '24: Traditional Education Tools

PSO, GHC, WLY, MH, SCHL, BNED +5

+1.04%

-0.18%

+0.56%

-1.29%

+0.20%

+18.10%

+11.62%

+12.87%

+34.07%

-56.25%

+12.31%

+17.73%

Autonomous Vehicle Proliferation '26: Western Tires

ML.PA, CON.XETRA, PIRC.MI, CTC.TO, TYRES.HE, GT +1

+0.70%

+0.88%

+0.56%

+1.36%

+5.12%

+0.67%

+5.19%

+2.62%

+29.76%

-4.23%

-5.04%

+28.57%

Small Themes '24: Franchise Model

YUM, MCD, PLNT, CASY, MAR, HRB +13

+0.11%

-0.60%

+0.55%

-0.37%

-1.33%

+2.69%

-0.78%

-2.57%

+20.78%

+32.27%

-1.59%

+5.14%

Humanoid '25: Motion Control

TXN, SIE.XETRA, 2308.TW, PH, IFX.XETRA, NXPI +8

+0.14%

+1.98%

+0.54%

-0.51%

+7.49%

+3.12%

+61.65%

+87.12%

+152.66%

+129.30%

+32.10%

+136.48%

Shrinkage Long '25: Digital Solutions

ZBRA, AVY, CGNX, GPGI, SPSC, EVLV +3

+0.86%

+1.59%

+0.53%

-3.56%

+4.61%

+4.64%

+1.26%

-2.62%

+25.52%

-31.44%

+8.95%

+16.87%

Toys & Hobbies '25: Comics & Manga

DIS, 6758.T, WBD, 035420.KO, 7832.T, 035720.KO +8

+0.07%

+0.01%

+0.53%

+3.67%

+2.67%

-4.05%

-7.98%

-4.33%

+48.31%

-35.76%

-4.54%

+19.67%

Buying a House '24: Home Services

HD, LOW, FERG, ROL, LII, WSO +14

+0.12%

+0.85%

+0.52%

-0.76%

+1.94%

+2.81%

-2.00%

-6.54%

+23.76%

+10.72%

-4.74%

+8.90%

Regional Oil '26: Bakken & Eagle Ford

EOG, CHRD, CRGY, MGY, CIVI, MUR +1

-0.74%

-2.12%

+0.52%

+3.17%

-4.27%

-4.95%

+15.39%

+6.64%

-8.54%

+109.07%

-3.97%

+0.94%

Data Centers '25: Fleet & Heavy Transport

UHAL, R, NAV, DSKE

-1.12%

+1.16%

+0.50%

-0.54%

+12.32%

+7.12%

+17.18%

+14.41%

+29.36%

+43.23%

+12.28%

+16.95%

Industrials (XLI)

Benchmark · XLI

—

+0.38%

+0.50%

-1.23%

—

+15.24%

+22.38%

+54.00%

+88.47%

+1.77%

+22.38%

Grocers '26: Japan C-Stores & Supermarkets

3382.T, 8267.T, 2651.T, 3038.T, 3349.T, 141A.T +13

0.00%

-0.60%

+0.49%

+3.71%

-3.89%

-7.92%

-11.99%

-12.67%

+6.90%

-13.33%

-15.29%

-2.29%

AI '24: Machine Vision

SYM, CGNX, AMBA, OUST, TWEKA.AS

-0.39%

+4.54%

+0.49%

-9.40%

-0.11%

-8.73%

+39.61%

+55.76%

+111.09%

+49.62%

+33.48%

+158.37%

TrumpPolicy PreElection Long '24: O&G

LNG, CTRA, EXE, CNR, AMR, IDLDX

-0.62%

-0.24%

+0.48%

+0.54%

-3.28%

-0.71%

-0.12%

+16.63%

+4.19%

+161.47%

-1.42%

+11.01%

Looksmaxxing '26: Framemog Nutrition & Diet

CELH, GLB.LSE, SFM, BRBR, VITL, KDP +7

-0.04%

-0.70%

+0.44%

-2.21%

+2.19%

-3.43%

-5.30%

-20.21%

-4.48%

-8.52%

-7.82%

-17.30%

Euro Spend '25: Chemicals & Clean Tech

AI.PA, BAS.XETRA, ALFA.ST, EVK.XETRA, WCH.XETRA, AKE.PA +3

+0.44%

+0.67%

+0.44%

+0.89%

+2.94%

-6.91%

+8.65%

-4.86%

-7.26%

+15.13%

-5.61%

-0.14%

Shoes '26: Shoe Sourcing

0551.HK, 300979.SHE, 9910.TW, 9904.TW, 1836.HK, 6890.TW +9

+0.35%

+0.01%

+0.42%

+2.53%

-4.81%

-8.40%

-24.04%

-20.27%

-13.70%

-74.33%

-23.76%

-21.38%

Humanoid '25: Actuator Hardware

AME, CW, RBC, 6594.T, RRX, SKF-B.ST +16

+0.52%

+0.84%

+0.39%

-2.30%

-0.46%

+5.19%

+45.17%

+79.34%

+128.73%

+17.39%

+10.20%

+100.60%

Packaged Foods '26: Sweets, Bakery & Confection

NESN.SW, MDLZ, HSY, LISP.SW, BIMBOA.MX, SJM +16

-0.17%

-0.94%

+0.39%

-1.32%

+1.54%

-3.46%

+2.62%

+6.42%

+8.17%

+0.15%

-9.95%

+8.32%

Energy Services '26: Oilfield Services & Equipment

SLB, HAL, BKR, RIG, FTI, NE +11

-0.27%

-1.22%

+0.38%

+3.68%

+2.95%

+124.17%

+32.68%

+61.30%

+33.35%

+101.31%

-6.32%

+51.16%

Real Food '25: Global Dairy & Whey

SAP.TO, 002311.SHE, GLB.LSE, EMMN.SW, 7459.T, BRBR +25

+0.22%

-0.56%

+0.38%

+0.63%

+1.42%

-1.37%

+1.91%

+4.95%

+19.07%

+45.85%

-1.53%

+10.37%

Recreation '24: Golf

5108.T, 7272.T, GOLF, SITE, JOE, CALY +14

-0.28%

+1.01%

+0.35%

+1.24%

+2.17%

+2.09%

+0.34%

+6.93%

-0.18%

-41.49%

-5.69%

+13.47%

EU Chips Act '26: Photonics, Connectivity & Edge AI

HUBN.SW, NOD.OL, AMS.SW, XFAB.PA, SILEX.ST, SMOP.OL +2

-0.99%

+3.46%

+0.34%

+0.46%

+7.37%

+3.21%

+53.65%

+86.54%

+126.45%

+62.92%

+37.76%

+155.38%

TrumpPolicy PreElection Long '24: Trump Supporter

TSLA, HD, BX, ET, CG, VNO +3

+0.09%

+1.98%

+0.34%

-0.30%

-2.26%

+7.55%

-14.53%

-8.62%

+81.96%

+79.25%

+0.52%

+5.30%

MegaTech '25: Amazon Ecosystem

AMZN, NVDA, 2330.TW, MRVL, ALAB, STM +14

-0.19%

+2.45%

+0.33%

+0.16%

+0.54%

+0.63%

+55.25%

+77.95%

+151.60%

+260.09%

+59.80%

+134.16%

China '26: Property Service Companies

6049.HK, 2156.HK, 816.HK

+0.50%

-1.27%

+0.32%

+1.87%

+3.74%

-14.90%

-10.21%

-17.90%

-2.67%

-46.80%

-8.97%

-8.72%

Restaurants '26: Quality Sit Down

DRI, TXRH, EAT, CAKE, 9861.T, BJRI +13

-0.75%

+1.51%

+0.31%

+1.03%

+5.44%

+2.24%

+1.65%

-16.98%

+4.41%

+43.48%

-1.55%

-5.63%

Humanoid '25: Connectivity, Integration & Platform Enablers

APH, STM, TEL, APTV, BSY, NOVT +2

-0.30%

+1.61%

+0.30%

-1.71%

+2.07%

+11.92%

+9.13%

+11.48%

+27.90%

+103.85%

+2.23%

+38.33%

Back to School '25: Kids & Teen Fashion

ANF, NKE, AEO, ULTA, DECK, GPS +19

+0.37%

+1.61%

+0.30%

-0.43%

+2.24%

+2.75%

-6.12%

+4.70%

+2.59%

+27.98%

-6.24%

+17.70%

NatGas '25: Pure Play Gas Producers

EQT, TOU.TO, WCP.TO, AR, CRK, POU.TO +3

-0.71%

-1.52%

+0.27%

+0.36%

+0.18%

-11.42%

-6.22%

+1.31%

+31.84%

+167.95%

-9.29%

+2.87%

Tobacco '24: Regional Tobacco Players

ITC.NS, 033780.KS, HMSP.JK, LOG.MC, GGRM.JK, 6055.HK +12

+0.07%

-0.10%

+0.27%

+2.34%

+0.89%

-5.89%

-7.81%

+4.63%

+13.87%

+12.02%

-13.58%

+15.62%

Packaged Foods '26: Non-Coffee Beverages

KO, PEP, DANOY, IFF, PRMW, FIZZ +9

+2.00%

-0.63%

+0.25%

-0.21%

+2.21%

+2.37%

+5.87%

+4.38%

+39.64%

+55.30%

-4.06%

+5.63%

Freight Transport '26: U.S. Food Distributor

SYY, USFD, PFGC, CHEF, UNFI

+0.10%

+0.22%

+0.25%

+0.66%

-0.91%

+14.85%

+35.16%

+42.78%

+126.98%

+37.64%

+14.50%

+52.51%

Regional Banks '26: Midwest

HBAN, KEY, WTFC, USB, ONB, NTRS +13

+0.16%

+1.44%

+0.24%

-1.30%

+0.98%

+9.06%

+17.87%

+20.93%

+56.33%

+1.70%

+13.99%

+36.36%

Sporting Goods '26: Ski & Mountain Equipment

MONC.MI, 8114.T, VFC, FOI-B.ST, GOOS, AS +9

+0.34%

+1.02%

+0.24%

0.00%

+3.76%

-2.35%

-5.68%

+1.77%

+22.67%

+37.08%

-9.57%

+9.91%

Drones '26: Drone OEMs & C-UAS

AVAV, KTOS, DRO.AU, RCAT, ESLT, LDO.MI +8

+0.12%

-1.37%

+0.24%

-5.88%

+4.45%

-3.32%

-0.98%

+56.31%

+289.36%

+450.57%

-16.80%

+171.15%

Fiscal Spend '25: Police Re-funding

MSI, AXON, TXT, OSK, CLBT, GEO +6

-0.03%

+0.34%

+0.23%

+0.98%

-0.84%

+16.79%

-3.28%

-13.36%

-27.10%

+96.99%

-3.11%

-18.02%

Restaurants '26: Restaurant Food Suppliers

SYY, USFD, PFGC, LW, BRFS3.SA, CALM +13

+0.62%

-0.27%

+0.22%

+0.56%

-1.05%

+12.91%

+9.97%

+6.40%

+28.30%

+6.50%

+0.43%

+7.85%

Regional Banks '26: Pacific Coast

COLB, EWBC, BANR, WAFD, FHB, BOH +8

+0.07%

+1.87%

+0.19%

-1.78%

+1.62%

+8.91%

+16.70%

+21.79%

+65.01%

+55.31%

+16.49%

+34.15%

Small Themes '25: Gambling Picks and Shovels

RSI, SRAD, BRSL, GENI, ACEL, GAN

-1.18%

-1.06%

+0.18%

+1.43%

+2.32%

+17.86%

-8.79%

-8.41%

+42.10%

-34.49%

+5.75%

+7.24%

Global Home Improvement '26: European Home Improvement

WES.AU, HBH.XETRA, RUSTA.ST, VIB3.XETRA, BHG.ST, ALBOU.PA +7

+0.58%

+1.30%

+0.18%

-0.06%

-5.64%

+6.89%

-11.31%

-8.51%

+20.78%

+47.18%

-14.61%

+11.59%

Space Supply Chain '26: Space Traffic Control & SDA

LHX, LDOS, KTOS, VOYG, PSN, IRDM +4

-0.42%

-2.18%

+0.16%

-4.49%

-5.01%

-6.48%

+21.92%

+20.89%

+109.81%

+52.66%

+4.46%

+74.95%

Natural Disasters Short '24: Reinsurance

BRK-A, EG, RNR, SPNT

+1.29%

-1.21%

+0.15%

-1.96%

-0.01%

-6.41%

-9.30%

-20.94%

-41.21%

-62.97%

-8.22%

-15.72%

City-Specific Businesses '26: Singapore Business

C38U.SI, J69U.SI, D05.SI, U14.SI, T82U.SI, S68.SI +10

0.00%

+0.19%

+0.15%

+2.10%

+0.83%

+14.04%

+4.51%

+19.75%

+39.58%

+24.68%

-2.00%

+31.04%

NatGas '25: Midstream & Pipelines

WMB, ENB, EPD, KMI, ET, TRGP +6

+0.24%

-0.38%

+0.15%

+2.65%

+0.23%

+0.56%

+21.23%

+36.53%

+72.02%

+138.14%

+4.59%

+32.23%

Airplanes '26: Aircraft Manufacturers

AIR.PA, BA, HAL.NS, AM.PA, BBD-B.TO, 600760.SHG +7

+0.30%

+0.95%

+0.15%

-0.75%

+4.52%

+1.36%

-4.65%

-8.98%

+44.11%

+25.53%

-8.56%

+20.09%

Bank Short '24: Regional Banks

PNC, USB, TFC, FITBP, HBAN, MTB +5

-0.07%

+1.82%

+0.14%

+1.16%

-0.19%

-7.34%

-10.56%

-18.84%

-54.09%

-18.90%

-9.17%

-33.75%

Natural Disasters Short '24: Coastal RE

LAMR, SUI, ELS, CPT, OUT

+0.11%

+0.31%

+0.14%

-0.14%

-2.51%

-0.89%

-14.00%

-20.85%

-34.76%

-9.21%

-4.03%

-21.07%

Supply Shock in MidEast Short '26: Farmers

TSN, HRL, 5285.KLSE, PPC, 2445.KLSE, CALM +7

+1.27%

+0.24%

+0.14%

-2.09%

-4.44%

+6.39%

-0.04%

-2.88%

-20.69%

+8.43%

+9.75%

-3.94%

Small Themes '26: European Utilities

IBE.MC, ENGI.PA, EOAN.XETRA, RWE.XETRA, PGE.WAR, SSE.LSE

-0.27%

+0.22%

+0.13%

+2.26%

-0.98%

+9.53%

+13.52%

+24.39%

+78.35%

+114.04%

-7.45%

+55.38%

GLP-1 Long '24: Healthy Foods

KO, MNST, BN.PA, CMG, IFF, CAVA +12

+0.45%

+0.38%

+0.12%

-2.01%

+5.37%

+4.12%

+2.93%

-13.06%

+8.18%

+42.50%

-2.39%

-11.87%

Global Foods '25: Asian Foods

2802.T, 2801.T, 2897.T, KRUS, 7965.T, GENK +15

-0.43%

-0.87%

+0.12%

+1.55%

+2.69%

-0.23%

+3.88%

-9.35%

-1.50%

-14.55%

-8.15%

-6.14%

Retail Shopping '25: Inner Mall Retailers

AEO, YUM, GME, SKX, PNDORA.CO, BIRK +31

+0.41%

+1.00%

+0.12%

-0.20%

+0.87%

-6.76%

+12.90%

+23.30%

-1.59%

+24.30%

+6.01%

+25.39%

Toys & Hobbies '25: Musical Instruments & Recording

7951.T, DLB, 7944.T, TUNE.LSE, 7952.T, RAY-A.TO +3

-0.78%

-0.74%

+0.11%

-0.93%

-5.48%

-6.38%

+0.65%

+6.60%

-0.82%

-51.39%

-7.10%

+2.34%

Natural Disasters Long '24: C&E

J, ACM, FLR, PCOR

-1.12%

-0.23%

+0.11%

+0.69%

-9.78%

-1.34%

-13.42%

-21.98%

-2.23%

-0.68%

-15.55%

-6.89%

Archetypes '25: Intense Travel Dads

NKE, F, AS, DKS, CELH, EAT +8

+0.65%

+0.97%

+0.08%

-1.60%

+1.29%

+4.51%

+1.45%

-8.11%

+20.59%

-27.55%

-6.12%

+5.07%

Retail Shopping '25: Accessible Luxury

TPR, RL, PVH, LULU, ONON, ATZ.TO +13

+0.56%

+1.48%

+0.08%

0.00%

-1.60%

+4.61%

-3.75%

+7.26%

+29.46%

+2.92%

-5.12%

+25.40%

EU Chips Act '26: Regional Chip Diversification

CANATU.HE, NOD.OL, MYCR.ST, SILEX.ST, SMOP.OL, VGO.WAR +2

-0.92%

+2.60%

+0.06%

-1.66%

+1.93%

+12.43%

+32.01%

+49.80%

+58.30%

+76.93%

+16.23%

+49.82%

Restaurants '26: Airports, Hotels & Catering

BID.JO, ARMK, AVOL.SW, DUFRY, SW.PA, S58.SI +8

+0.28%

-0.35%

+0.06%

+0.58%

-2.56%

+4.66%

+5.96%

+13.48%

+34.02%

-90.85%

-0.34%

+31.91%

Renewable Energy '26: Renewable Supermajors

IBE.MC, ORSTED.CO, NEE, RWE.XETRA, ENEL.MI, EQNR +9

-0.37%

+0.48%

+0.05%

+1.40%

-1.47%

-2.98%

+14.33%

+21.03%

+45.96%

+54.89%

-0.83%

+44.37%

Recreation '24: Sporting Goods & Outdoor Brands

GRMN, 7936.T, AS, DECK, 7309.T, GOLF +20

-0.40%

+1.18%

+0.03%

+0.06%

+1.35%

+0.86%

+6.29%

+10.10%

+33.23%

+4.99%

+2.65%

+22.38%

Shoes '26: Work Shoes

RCKY, WWW, CROX, BOOT, 0RUJ.LSE, VFC +8

-0.27%

+2.15%

+0.03%

-0.55%

-0.77%

+7.04%

+12.45%

+19.98%

+32.77%

+36.34%

+0.95%

+44.55%

Biotech '25: Commercial / Late Stage

CYTK, HALO, ARQT, APLS, SPRY

+0.61%

-0.50%

+0.02%

+3.38%

+7.27%

+16.13%

-1.62%

+32.29%

+46.73%

+11.28%

+6.33%

+33.01%

Alcohol '26: Global Wines

CONCHATORO.SN, TWE.AU, GBSMF, LPE.PA, VIVA.ST, ADW-B.TO +7

-0.48%

+0.23%

+0.02%

-0.53%

-2.17%

-5.59%

-9.12%

-15.18%

-12.11%

-35.02%

-6.87%

-10.57%

Packaged Foods '26: Coffee & Teas

NESN.SW, SBUX, KDP, JDEP.AS, SJM, BROS +12

-0.06%

+0.19%

+0.02%

-0.29%

+4.90%

-0.08%

+2.74%

-7.54%

+11.23%

-6.34%

+8.01%

-8.03%

Small Themes '25: Legacy Media Rebound

DIS, CMCSA, WBD, FOX, PARA

-0.22%

+0.60%

+0.02%

-0.54%

+2.69%

-10.72%

-13.57%

+2.48%

+35.21%

-40.02%

-8.85%

+10.44%

Retail Shopping '26: Online Fashion Marketplace

TDUP, REAL, LUXE, RENT, 035420.KO, DEBS.LSE +10

+0.77%

+1.15%

+0.01%

+0.71%

-9.32%

+7.79%

-10.44%

+16.61%

+88.29%

-18.46%

-0.68%

+43.13%

Fiscal Spend '24: Trad Energy Gen

ENR.XETRA, CMI, RR.LSE

-1.12%

+2.20%

+0.01%

-2.94%

+2.60%

-11.95%

+28.28%

+73.20%

+292.44%

+326.65%

+4.08%

+135.96%

Biotech '26: AI Driven Drug Discovery

LLY, TMO, DHR, IQV, MEDP, ICLR +12

+0.78%

+3.69%

-0.00%

+0.21%

+8.15%

+23.24%

+42.32%

+65.84%

+89.59%

+127.43%

+33.19%

+86.31%

Capital Asset Leasing '26: Long-Duration Leasing

AER, FTAI, AL, 2588.HK, GATX, DAC +7

+0.42%

+1.35%

-0.01%

+1.06%

+5.28%

-1.72%

+11.27%

+20.50%

+43.46%

+145.39%

-5.98%

+28.96%

Grocers '26: European Grocers

AD.AS, WOW.AU, COL.AU, CA.PA, JMT.LS, FIVE.ME +15

+0.11%

-0.22%

-0.04%

+0.52%

+0.69%

+0.95%

-2.44%

-3.26%

+10.02%

+19.02%

-9.52%

+9.05%

Cycle Short '24: Stretched Consumer

IBKR, NRG, WSM, LPLA, BG, TTD +8

+0.26%

+1.50%

-0.05%

-0.54%

+2.96%

-12.24%

-9.66%

-3.79%

-19.37%

-124.41%

-4.89%

-25.37%

Data Owners '25: Sports, Betting & Live Event Data

GENI, SRAD, FLUT, DKNG, MGM, ENT.LSE +13

+0.01%

-0.65%

-0.06%

+0.65%

+3.70%

+7.92%

-10.00%

-15.72%

+30.56%

+22.04%

+10.25%

+5.30%

HaveNots Longs '25: Everyman Subscriptions

NFLX, TMUS, T, WBD, EA, TTWO +3

-0.06%

+0.27%

-0.07%

-0.10%

-1.86%

-13.88%

-11.79%

-7.77%

+35.86%

+25.05%

-11.12%

-1.63%

Freight Transport '26: Cold Chain

TT, CARR, 6367.T, LINE, WTC.AU, COLD +7

-0.23%

+0.65%

-0.07%

+0.62%

+4.86%

-1.08%

+29.14%

+18.09%

+25.53%

+30.07%

+17.83%

+30.88%

Data Owners '25: Geospatial, Fleet, Industrial Telemetry

TRMB, IOT, DE, CAT, TSLA, HEXA-B.ST +15

+0.10%

+0.80%

-0.07%

-1.50%

+0.26%

+5.64%

+10.15%

+21.32%

+69.95%

+105.08%

+3.18%

+41.23%

HaveNots Shorts '25: White Collar Services

CTSH, JLL, ALGN, POOL, COMP, SITE +6

+0.16%

+1.17%

-0.09%

-1.90%

-0.89%

+0.22%

+3.58%

+27.87%

+49.65%

-41.45%

+2.31%

+28.38%

Return to Office '24: White Collar Personal Care

KVUE, ONON, IPAR, 9983.T, EPC, UL +15

-0.17%

+0.53%

-0.10%

+0.02%

+1.65%

+6.09%

+13.05%

+11.84%

+38.95%

+70.83%

+5.77%

+23.43%

Virality '25: Other Viral Retailers

SBUX, 9992.HK, SN, HAS, LKNCY, PRMB +5

-0.88%

+0.64%

-0.11%

+0.94%

+1.52%

+4.62%

+13.07%

+10.78%

+84.63%

+15.09%

+2.35%

+28.15%

Fiscal Spend '26: Tariff Unwind

FRCOY, NKE, W, LEA, FND, CALM +11

-0.04%

+1.61%

-0.12%

-0.80%

+6.75%

+11.31%

-0.22%

+21.21%

+21.27%

-24.56%

-3.40%

+31.31%

Atoms Bits Short '26: AI Exposed REITs

BXP, VNO, KRC, HIW, PGRE, PDM +2

-0.81%

+0.12%

-0.12%

+2.52%

-0.82%

-17.01%

-4.98%

+10.78%

-4.96%

+43.95%

-22.78%

+3.63%

AI '25: Power, Cooling & Electric Infrastructure

ETN, VRT, 6669.TW, MPWR, 3017.TW, MTSI +4

-0.47%

+1.19%

-0.13%

-3.88%

+2.59%

-4.07%

+65.93%

+121.03%

+172.50%

+375.42%

+25.62%

+213.32%

TrumpPolicy PreElection Long '24: Onshoring

NUE, STLD, SQM, NHY.OL, AA, TRMB +3

-0.24%

+0.25%

-0.13%

+0.74%

+1.47%

-7.57%

+8.49%

+37.03%

+44.59%

+112.11%

+0.16%

+50.64%

Agentic Utilities '26: Backbone Infra

CSCO, EQIX, CIEN, HPE, DLR, ATEN +2

+0.27%

+3.09%

-0.14%

+0.03%

+10.79%

-1.43%

+60.94%

+98.56%

+188.18%

+152.52%

+38.07%

+117.57%

TrumpPolicy PreElection Short '24: US-Canada Commodity

CF, WY, PCH

+0.56%

-0.79%

-0.14%

+1.01%

+3.91%

+3.90%

-16.56%

-5.16%

-22.67%

-11.29%

-3.95%

-4.56%

Real Food '26: Meat

TSN, JBSS3.SA, SFD, HRL, BRFS3.SA, CPF.BK +11

-0.22%

-0.14%

-0.15%

+1.10%

+3.10%

-2.22%

+3.11%

+5.71%

+34.04%

-11.06%

-5.74%

+11.03%

Archetypes '24: Attainable Luxury

TSLA, MAR, VOLV-B.ST, BMW.XETRA, EL, TPR +15

-0.23%

+1.65%

-0.16%

-0.55%

-2.36%

+7.10%

+5.62%

+7.20%

+21.00%

+81.53%

+2.05%

+25.83%

Passenger Transports '26: Euro Transit Passengers

RYAAY, LHA.XETRA, GET.PA, AF.PA, JFN.SW, NAS.OL +12

+1.64%

+0.65%

-0.18%

+2.32%

+3.29%

+15.61%

+8.58%

+14.95%

+48.07%

+15.90%

+5.68%

+43.11%

HaveNots Longs '25: AltFin & Regional Banks

FITB, RKT, RF, SOFI, EFX, CMA +7

+0.14%

+1.97%

-0.18%

-2.19%

-0.14%

+3.72%

-2.89%

+15.08%

+56.88%

+2.31%

+3.78%

+22.96%

Consumer Auto '26: U.S. Leasing and Rentals

UHAL, R, CAR, HTZ, SIXT.XETRA

-1.02%

+4.76%

-0.18%

+1.53%

+10.38%

+2.34%

+12.94%

-7.98%

+63.21%

+13.63%

+18.79%

+44.48%

Elder Care '24: Other Elder Care

GEHC, SCI, USPH, FOA

-0.57%

+0.87%

-0.19%

-2.15%

-9.98%

+3.39%

-4.49%

-1.06%

+55.86%

+8.86%

-3.63%

+2.79%

China '24: Chinese Consumer Food/HPC

600809.SHG, 300498.SHE, 0168.HK, 2319.HK, 6862.HK, A2M.AU +3

+0.98%

-1.29%

-0.19%

+2.26%

+1.89%

-17.74%

-17.70%

-10.49%

+2.89%

-53.58%

-21.63%

-14.38%

Supply Shock in MidEast Long '26: Pure Car & Truck Carriers

086280.KO, WAWI.OL, HAUTO.OL

+1.56%

-3.24%

-0.20%

+8.36%

+0.89%

-5.97%

+42.63%

+76.50%

+124.60%

+208.47%

-2.45%

+132.28%

Humanoid '25: Sensing & Perception

APH, ADI, STM, TEL, ON, APTV +24

-0.70%

+3.14%

-0.21%

-4.09%

-0.44%

+7.64%

+40.85%

+34.89%

+100.56%

+87.19%

+28.61%

+95.78%

Atoms Bits Long '26: Carbon Fiber & Carbon Steel

3402.T, HXL, 3401.T, PKE, SGL.XETRA

-0.94%

+0.07%

-0.21%

-1.90%

+2.66%

+0.08%

+35.47%

+50.20%

+54.81%

+16.81%

+5.47%

+62.13%

Grocers '26: South Asian C-Stores

SEVN.PSE, PGOLD.PSE, DNET.JK, CPALL.BK, AMRT.JK, 5326.KLSE +7

-0.14%

+0.38%

-0.24%

+0.44%

+3.27%

+2.11%

-1.21%

-2.17%

+10.18%

+14.16%

-3.61%

+4.64%

Regional Banks '26: Sunbelt

RF, TFC, PNFP, FHN, SSB, HWC +13

+0.05%

+1.91%

-0.26%

-1.81%

+0.50%

+4.48%

+12.77%

+13.12%

+50.10%

-11.10%

+9.67%

+26.27%

Video Games '25: Korean Game Makers

035720.KO, 259960.KO, 036570.KO, 251270.KO, 181710.KO, DDI +3

+0.05%

-1.57%

-0.26%

+11.52%

-2.40%

-15.85%

+7.90%

-3.15%

+15.72%

-69.03%

-3.52%

+25.54%

Natural Disasters Short '24: Regional Banks

TFC, SNV, HWC, OZK

-0.44%

+1.66%

-0.26%

+1.69%

-0.68%

-2.66%

-7.61%

-5.59%

-37.15%

0.00%

-6.18%

-21.84%

Video & News '24: Broadcasting

9401.T, NXST, VSNT, TGNA, TV, SBGI +11

-0.13%

-0.27%

-0.26%

-2.71%

+2.31%

-5.33%

+8.84%

+9.89%

+12.18%

-24.28%

+7.53%

+16.00%

Retail Shopping '26: Watches

WOSG.LSE, UHR.SW, MC.PA, CFR.SW, 7762.T, 6952.T +5

-0.60%

+1.36%

-0.26%

+0.07%

-4.06%

-3.96%

+22.38%

+48.70%

+57.30%

-29.55%

+4.26%

+61.06%

Humanoid '25: Vision, LiDar & Imaging Systems

ON, CGNX, 2382.HK, ST, OUST, AMS2.VI +7

-0.36%

+3.07%

-0.27%

-4.19%

+1.70%

+2.00%

+50.69%

+35.48%

+165.94%

+140.85%

+35.08%

+125.16%

Buying a House '26: Kitchen & Bathroom Update

FERG, GEBN.SW, MAS, 5332.T, MIDD, FBIN +12

-0.33%

-0.39%

-0.27%

-1.98%

+1.43%

+0.92%

+5.82%

+2.91%

+6.00%

+63.54%

-3.85%

+8.76%

Global Home Improvement '26: Emerging Market Home Improvement

ITE.JO, 5296.KLSE, HMPRO.BK, CSB.JO, BWMX, ACES.JK +3

+0.06%

+0.31%

-0.28%

+0.77%

-2.75%

+1.98%

-1.54%

-1.57%

-4.31%

-49.23%

-7.07%

-0.09%

Alcohol '26: Global Brewers

BUD, HEIA.AS, CARL-B.CO, 2502.T, 2503.T, 600600.SHG +9

+0.21%

-0.78%

-0.28%

+2.27%

+5.97%

+0.87%

-1.05%

-1.28%

+8.18%

-12.55%

-9.20%

+3.30%

Small Themes '24: Consumer

SN, LULU, BRC, DORM, REAL, PLYA +5

-0.05%

+1.51%

-0.29%

-2.51%

-3.30%

+16.80%

+12.72%

+17.70%

+71.01%

-21.27%

+13.96%

+25.98%

Retail Shopping '25: Single-Vertical Ecom

RVLV, WRBY, BBBY, CVNA, W, CHWY +11

-0.36%

+1.99%

-0.29%

-2.78%

-4.08%

-2.08%

-16.32%

-15.70%

+16.10%

+62.83%

-3.56%

+6.82%

Stagflation Short '25: Tariff Sensitivity

FLEX, GRMN, JBL, HPQ, IOT, HAS +3

-0.58%

+1.76%

-0.29%

+1.69%

-11.39%

+2.40%

-19.33%

-12.55%

-64.61%

-37.30%

-16.02%

-30.64%

Supply Shock in MidEast Short '26: Global Logistics

UPS, FDX, DHL.XETRA, DAL, ODFL, UAL +9

+0.56%

+2.21%

-0.32%

+0.27%

+0.84%

-11.32%

-14.49%

-26.25%

-49.25%

-9.07%

-2.96%

-50.83%

Modern Warfare '26: Defense 3D Printing

DDD, SSYS, ASB.AU, VELO, PRLB, NNDM +2

-0.21%

+3.59%

-0.33%

-1.35%

+4.76%

+18.49%

+31.33%

+65.01%

+100.37%

-85.10%

+23.02%

+101.12%

Cycle Long '25: Travel Laggards Rebound

MTN, HGV, VAC, PLYA

-0.37%

+2.58%

-0.34%

+0.86%

+3.25%

+12.96%

+22.92%

+5.76%

+29.16%

-32.85%

+17.76%

+22.06%

Payments '24: Payment Networks

SONN, V, MA, AXP, DFS, COIN +2

+0.29%

+1.19%

-0.36%

+0.43%

+0.79%

+3.03%

+0.61%

-9.94%

+17.13%

+22.27%

+10.03%

+44.62%

H20 '24: Pumps, Flow Measurement & Control

WTS, FLS, BMI, ITRI, THR

+0.09%

+0.48%

-0.37%

-2.48%

-7.44%

+8.07%

+15.20%

+15.38%

+44.49%

+72.88%

+1.34%

+34.03%

Cycle Long '24: Car Repair, Towing & Auction

ORLY, EBAY, AZO, CPRT, RBA, 4732.T +5

-0.01%

+0.88%

-0.39%

-0.38%

+1.42%

-2.90%

+10.39%

+6.47%

+29.64%

+83.31%

+5.52%

+6.57%

Small Themes '26: At Home Eating

DANOY, MKC, SJM, SFD, CAG, INGR +11

-0.34%

-1.30%

-0.40%

-0.76%

+1.48%

-5.03%

-1.72%

-1.47%

+8.09%

-12.57%

-11.50%

-4.14%

Euro Spend '25: Manufacturing & Industrial Automation

ATCO-A.ST, ASSA-B.ST, BESI.AS, WRT1V.HE, ACLN.SW, AIXA.XETRA +3

-0.47%

+4.46%

-0.41%

-1.65%

-2.64%

-0.57%

+48.46%

+57.15%

+69.87%

+48.14%

+21.20%

+114.43%

Freight Transport '26: Feeder Shipping

MPCC.OL, ESEA, HXCK.XETRA

-1.56%

-1.25%

-0.42%

+0.84%

+1.53%

-2.74%

+24.38%

+37.09%

+86.84%

+384.16%

+1.88%

+89.78%

Restaurants '26: Pizza, Wings & Other Delivery

UBER, DASH, DPZ, WING, PZZA, MTY.TO +4

+0.50%

-0.19%

-0.42%

-0.35%

+5.18%

+0.66%

-7.89%

-13.04%

+17.37%

+20.70%

-6.33%

+4.07%

Regional Banks '26: Bay Area & Tech

CCBG, CUBI, FSBC, HTBK, WAFD, TCBK +6

-0.26%

+1.41%

-0.42%

-2.89%

+0.56%

+6.83%

+16.34%

+25.98%

+61.94%

+35.81%

+14.81%

+43.18%

Trump Grift Era '25: Trump Bro Backed Crypto

ABTC, ASST, NAKA

+3.41%

+1.78%

-0.43%

+13.74%

-4.67%

+356.97%

-46.31%

-93.47%

-87.08%

-99.90%

-13.85%

-69.02%

Oversupply Risk '26: Copper

BHP.AU, SCCO, FCX, ANTO.LSE

+1.00%

+3.59%

-0.43%

+0.61%

-2.84%

+5.30%

+25.57%

+72.74%

+62.37%

+116.92%

-10.41%

+98.35%

GLP-1 Long '24: Improved Looks

ABBV, GALD.SW, LTH, MTCH, GRND, ESTA +6

-0.83%

+1.40%

-0.44%

+0.56%

+7.27%

+17.60%

+36.16%

+20.78%

+58.54%

+91.39%

+51.41%

+50.14%

Back to School '25: School Supplies & Classroom Equipment

FILA.MI, ACCO, 603899.SHG, NWL, DOMS.NS, BB.PA +14

+0.15%

+0.59%

-0.44%

-0.85%

-0.76%

-0.78%

-1.61%

-3.52%

+12.38%

+1.57%

-5.26%

-1.66%

Beauty '26: Skincare

002790.KO, GALD.SW, BEI.SW, PUIG.MC, 4911.T, 0973.HK +4

-0.07%

-1.18%

-0.45%

+2.70%

+3.81%

-4.80%

-1.50%

-11.93%

-2.31%

+48.69%

-7.38%

+11.39%

Passenger Transport '26: Airports

AENA.MC, ADB.MI, FRE.XETRA, AOT.BK, GMRAIRPORT.NS, ADP.PA +18

+0.72%

-0.21%

-0.45%

-0.79%

0.00%

+2.72%

-5.90%

+5.68%

+30.44%

+15.10%

-10.65%

+21.15%

Recreation '24: Gyms

LTH, PLNT, TGYM.MI, SMFT3.SA, BFIT.AS, 8462.TW +9

+0.25%

+0.65%

-0.46%

-0.86%

+7.39%

+12.64%

+0.45%

+2.81%

+22.70%

-2.41%

+5.67%

+15.21%

Shrinkage Long '25: Physical Security

JCI, MSI, AXON, ASSA-B.ST, SECU-B.ST, ADT +7

+0.41%

-0.96%

-0.47%

-3.55%

-3.00%

+7.04%

-5.37%

-0.01%

+48.84%

+54.90%

-9.51%

+24.20%

Steel '26: Distribution & Service Centers

RS, WS, RUS.TO, RYZ, MSM, ZEUS +2

-1.22%

-0.43%

-0.47%

+0.35%

+1.86%

+0.95%

+18.22%

+19.90%

+46.46%

+145.17%

+4.56%

+41.54%

Regional Banks '26: Mid-Atlantic

PNC, UBSI, AUB, MTB, FNB, CHCO +16

-0.60%

+1.75%

-0.48%

-3.00%

-0.64%

+7.93%

+15.57%

+18.41%

+50.64%

+17.78%

+12.18%

+34.30%

Consumer Attention '24: Gaming & Game Streaming

MSFT, EA, 7974.T, TTWO, 7832.T, 9766.T +6

+0.80%

-0.67%

-0.49%

+0.70%

-4.70%

-4.53%

-19.05%

-32.78%

-7.68%

+78.13%

-14.57%

-10.24%

Real Food '26: Plant Proteins & Ingredients

INGR, AAK.ST, MFI.TO, BYND, OTLY, STKL +10

+0.22%

-0.88%

-0.52%

-0.05%

-0.87%

+9.47%

+14.94%

-28.02%

-22.54%

-51.20%

-4.09%

-14.56%

Small Themes '24: IT

TOST, CVLT, SAIC, NSIT, INOD, ZD +2

+0.76%

+0.72%

-0.52%

-0.09%

+5.16%

+21.06%

+5.35%

-13.96%

+26.24%

-42.07%

+40.01%

-5.96%

Toys & Hobbies '25: Trad Toys, Dolls & Games

DIS, 9992.HK, HAS, GME, 8136.T, MAT +12

-0.04%

+0.05%

-0.52%

-0.62%

+2.51%

-8.48%

+1.64%

-4.98%

+67.97%

-33.79%

-5.40%

+15.83%

AI '26: ODMs

2317.TW, 2382.TW, 3231.TW, JBL, 6669.TW, 002475.SHE +5

-0.28%

+0.47%

-0.52%

-3.34%

-0.95%

-2.22%

+27.27%

+54.65%

+80.56%

+118.18%

+20.51%

+107.28%

Cycle Short '24: Storage

PLD, PSA, EXR, UHAL, CUBE, COLD +3

+0.38%

+0.45%

-0.53%

-1.09%

-2.48%

-0.63%

-16.08%

-6.08%

-2.13%

-21.98%

-4.88%

-4.63%

BS Jobs '26: Bloated Operations in Industrial

PPG, KBX.XETRA, JLL, AVY, BT-A.LSE

+0.39%

+0.54%

-0.54%

-0.82%

-3.33%

+2.97%

+2.32%

+7.01%

+27.37%

-12.80%

-8.55%

+18.27%

Consumer Auto '26: Auto Financing

SAN, COF, GM, F, TRU, ALLY +1

-0.05%

+1.14%

-0.54%

+0.42%

-1.12%

+8.36%

+4.64%

+18.51%

+50.31%

+69.64%

+8.09%

+35.74%

EU Chips Act '26: Power, Automotive & Sovereign Compute

IFX.XETRA, STM, SOI.PA, OVH.PA, XFAB.PA, AL2SI.PA +2

-1.94%

+3.30%

-0.55%

-4.04%

+4.04%

+24.87%

+131.02%

+98.85%

+135.44%

+115.49%

+72.32%

+206.99%

Restaurants '26: Chicken Buyers

WING, LOCO, YUM, QSR, MCD, SG +1

+1.30%

+0.07%

-0.57%

-2.40%

-1.38%

+0.40%

+5.94%

-8.47%

-6.94%

+32.34%

-0.88%

-0.96%

Modern Warfare '26: Core Shipbuilders

HII, ASB.AU, GD, 042660.KO, FCT.MI, 329180.KO

-0.73%

-0.94%

-0.57%

-0.76%

+5.09%

-4.42%

-15.07%

+6.85%

+122.50%

+97.75%

-22.22%

+43.41%

Humanoid '25: Tele-operation & Comms

INTC, CSCO, NOK, CRDO, INFY, IOT +4

-0.38%

+2.33%

-0.57%

-1.29%

+18.09%

+17.03%

+61.38%

+88.10%

+218.18%

+120.62%

+41.47%

+139.75%

Freight Transport '26: Long Haul Trucking & Intermodal

JBHT, KNX, SNDR, HUBG, WERN, MRTN +3

+0.01%

+2.13%

-0.59%

-0.03%

+3.54%

+20.31%

+48.62%

+48.59%

+42.79%

+52.12%

+30.83%

+58.97%

Regional Banks '26: Gulf Coast Energy Corridor

CFR, PB, BOKF, CADE, FFIN, TCBI +9

-0.45%

+1.32%

-0.60%

-2.35%

-1.75%

+4.76%

+15.81%

+17.41%

+53.45%

+26.72%

+9.41%

+30.50%

Furniture '26: Big Box Furniture Retailers

W, BOBS, LZB, LNF.TO, BBBY, HVT +4

-0.38%

+2.13%

-0.60%

-1.01%

-2.41%

+24.86%

+5.92%

+6.47%

+20.81%

-87.23%

+7.48%

+32.76%

Regional Banks '26: Mountain

ZION, WAL, GBCI, FIBK, NBHC, WAFD +6

-0.17%

+1.49%

-0.61%

-2.55%

+0.06%

+6.80%

+12.03%

+15.81%

+52.62%

+1.35%

+11.49%

+25.81%

Real Food '26: Seafood

MOWI.OL, BAKKA.OL, SALM.OL, LSG.OL, GSF.OL, 1332.T +8

+0.18%

+0.20%

-0.61%

+4.16%

-1.75%

+4.95%

-15.78%

-5.31%

+5.54%

-27.13%

-18.22%

+5.72%

MedTech Long '24: Medical Devices

MDT, BSX, NARI, INSP, VITR.ST, CLPT +2

+1.17%

+0.80%

-0.61%

+2.10%

+10.18%

-10.98%

-15.64%

-11.43%

+31.00%

-22.87%

-7.62%

-17.71%

Real Estate (XLRE)

Benchmark · XLRE

—

+0.18%

-0.63%

+0.11%

—

+11.23%

+10.52%

+23.16%

+12.90%

+2.27%

+10.52%

HaveNots Shorts '25: Aspirational Consumer

RMS.PA, NKE, TPR, WSM, RL, DKS +10

+0.21%

+2.16%

-0.65%

-0.40%

+2.11%

-10.97%

-4.21%

+1.20%

+18.85%

-6.15%

-5.78%

+14.07%

Renewable Energy '26: AI-Driven Energy Mgmt

VST, CEG, MSFT, VRT, GEV, GOOGL +6

+0.07%

+1.06%

-0.66%

-0.10%

+2.24%

-6.56%

+10.78%

+29.69%

+156.80%

+167.21%

+4.66%

+94.65%

HaveNots Longs '25: Cheap Restaurants

MCD, SYY, QSR, CBRL, DENN

+0.33%

+0.11%

-0.68%

-0.49%

-2.65%

+1.77%

+19.89%

-0.69%

+14.27%

+22.43%

+4.95%

+14.10%

Restaurants '26: Value Sit Down

CBRL, CNNE, DIN, DENN, RRGB, BDL +5

+0.51%

-0.27%

-0.69%

-1.33%

+11.66%

+13.19%

+20.13%

+4.44%

+15.42%

-68.42%

+13.59%

+31.72%

Regional Banks '26: Northeast

MTB, WBS, CFG, EBC, INDB, CBU +17

-0.27%

+1.72%

-0.69%

-2.82%

-1.20%

+8.59%

+22.42%

+32.32%

+82.41%

+57.18%

+13.90%

+46.09%

Small Themes '25: Premium Water Bottles

DANOY, PRMB, FIZZ

+1.30%

-0.51%

-0.70%

+1.94%

+2.31%

-3.07%

+13.93%

-12.18%

+7.34%

+13.83%

-1.18%

-11.96%

China '24: Chinese Consumer Retail/Tech

9992.HK, 0762.HK, HSHCY, 300857.SHE, BEKE, 2333.HK +4

+0.09%

-0.61%

-0.70%

-0.16%

-2.86%

-6.95%

-3.88%

+5.86%

+63.22%

-5.44%

-13.09%

+11.63%

MedTech Long '24: Lab Research & Trials

DGX, LH, CRL, FTRE, MRVI, NOTV +1

+0.55%

+1.66%

-0.72%

-0.33%

+2.27%

+11.44%

+21.12%

+56.54%

+25.76%

-12.89%

+22.26%

+63.78%

Airplanes '26: Aircraft Components & Systems

GE, TDG, RTX, HEI, SAF.PA, HWM +5

-0.08%

+0.82%

-0.73%

-1.44%

-2.21%

+13.79%

+19.33%

+35.44%

+108.13%

+219.98%

+5.22%

+62.80%

Regional Banks '26: Great Plains

CBSH, UMBF, HTLF, WTBA, GSBC, EFSC +7

+0.03%

+0.78%

-0.77%

-2.45%

-1.76%

+9.57%

+17.67%

+21.88%

+60.82%

+44.28%

+13.31%

+30.84%

MedTech Long '25: Aging-Driven Procedures & Care

SYK, STE, PEN, GMED, ASTH, FTRE +5

+0.64%

+1.96%

-0.77%

+0.85%

-5.10%

+9.43%

-2.25%

+30.29%

+60.35%

+18.07%

+8.93%

+26.44%

AI '25: DC Connectivity & Power

CSCO, DELL, ANET, GLW, 2308.TW, MPWR +12

-0.46%

+3.69%

-0.78%

-0.91%

+6.53%

+4.92%

+108.00%

+226.42%

+469.10%

+370.11%

+64.36%

+374.51%

Modern Warfare '26: Lasers & Directed Energy Weapons

LMT, AVAV, RTX, IPGP, COHR, ESLT +10

+0.11%

-0.62%

-0.79%

-4.86%

-5.28%

+2.04%

+26.77%

+56.86%

+141.43%

+90.92%

-1.83%

+123.04%

HaveNots Longs '25: Basic Groceries

SYY, KR, KHC, TSN, GIS, PFGC +9

-0.23%

-0.53%

-0.81%

-0.83%

+1.90%

-5.44%

+2.10%

-2.60%

+3.18%

-7.34%

-5.30%

-11.02%

Recreation '24: Timeshares & House Shares

ABNB, TNL, HGV, VAC, VCSA, JET2.LSE +1

-0.26%

+1.57%

-0.85%

+0.82%

+0.98%

+4.52%

+14.15%

+9.33%

+23.52%

-7.98%

+12.61%

+30.06%

Luxury '26: Luxury Homes

NVR, TOL, COMP, AIRC, MGR.AU, HHH +5

+0.61%

+1.05%

-0.87%

-0.04%

+5.72%

+7.90%

+7.89%

+32.48%

+72.11%

+7.41%

-1.13%

+41.61%

Atoms Bits Long '26: AI Materials

7741.T, 3407.T, 7911.T, 5201.T, 4005.T, 4203.T

0.00%

+0.71%

-0.87%

-1.63%

+1.26%

-5.55%

+21.81%

+45.25%

+46.22%

+19.62%

-2.18%

+51.34%

Macro Short '26: Iran War Disadvantaged

EWY, INDA, EWU, EWG, EWA

+0.27%

+0.51%

-0.88%

-0.90%

0.00%

-15.92%

-25.59%

-44.05%

-68.43%

-0.74%

-45.53%

Shoes '26: China Activewear

2020.HK, 2331.HK, 6110.HK, 300005.SHE, 1368.HK, 002832.SHE +3

+1.11%

-1.07%

-0.89%

+0.17%

+1.46%

-3.06%

-7.25%

+0.12%

+24.83%

-48.78%

-14.97%

+1.30%

High Tax Refund '26: Deferred Durables & Home

LOW, SGI, TTC, POOL, LAD, WHR +1

+0.75%

+1.26%

-0.89%

-1.00%

-1.73%

-0.20%

-31.07%

-32.54%

-18.86%

+1.45%

-29.97%

-25.77%

Restaurants '26: Fast Food

MCD, YUM, QSR, JBFCY, SHAK, WEN +5

+0.09%

+0.86%

-0.89%

-2.16%

-2.43%

+0.11%

-1.51%

-8.54%

+5.00%

+24.05%

-7.76%

-0.41%

Utilities (XLU)

Benchmark · XLU

—

-0.51%

-0.90%

+0.80%

—

+5.92%

+13.28%

+38.78%

+61.90%

-3.45%

+13.28%

Renewable Energy '26: Circular Supply Chain

UMI.BR, FSLR, DAR, SGM.AU, OC, RSG +4

+0.41%

+0.83%

-0.92%

-0.50%

+2.75%

+6.86%

+21.69%

+50.60%

+81.62%

+118.22%

+7.94%

+93.32%

Recreation '24: Arcades & Theme Parks

SIX, PRKS, DIS, G13.SI, 4661.T, PRSU +12

-0.32%

-1.06%

-0.93%

-1.87%

+6.18%

-7.79%

+3.95%

+9.01%

+17.68%

-36.55%

+5.83%

+13.46%

Romantic Gifts '25: Clothes, Accessories & Jewelry

MC.PA, RMS.PA, CFR.SW, EL.PA, TPR, RL +9

+0.58%

+1.39%

-0.93%

+1.13%

-0.65%

-12.15%

+7.03%

+14.90%

+38.72%

+10.63%

+4.19%

+31.57%

MedTech Long '24: Trump-Favorable Regs

DXCM, EXAS, HQY, NARI, MDWD, CVRX +2

+0.51%

-0.20%

-0.96%

+0.19%

+3.16%

+9.27%

-4.68%

-13.58%

-23.93%

-16.71%

-0.68%

-4.52%

Romantic Gifts '25: Novelty Gifts

HSY, LISN.SW, ETSY, BBWI, CMPR, FLWS +3

-0.28%

+0.43%

-0.96%

-1.11%

-3.72%

-7.19%

+10.74%

+4.38%

+3.97%

-2.30%

+2.03%

+13.66%

Connectivity '24: Comm Towers

AMT, CCI, SBAC

+0.80%

-0.01%

-1.00%

+0.97%

+2.02%

-9.51%

-7.27%

-23.21%

-11.66%

-28.12%

-11.48%

-21.21%

China '25: Supply Side

0883.HK, 1919.HK, 0762.HK, 600887.SHG, 1898.HK, 000792.SHE +14

+0.18%

-0.50%

-1.00%

+0.81%

+0.15%

-18.52%

-8.89%

+9.65%

+28.81%

+130.99%

-18.71%

+18.91%

Cycle Long '24: Telecom Infra & Utilities

AMT, CCI, SBAC, PNW

+0.66%

-0.26%

-1.01%

+0.90%

+1.64%

-8.14%

-0.56%

-14.17%

+0.21%

-25.39%

-6.98%

-13.36%

AI Power '26: Active Power Mgmt

MPWR, IFX.XETRA, ADI, STM, TXN, ALGM +7

-0.88%

+4.31%

-1.01%

-2.19%

+6.80%

+9.20%

+90.08%

+82.24%

+82.18%

+96.28%

+49.47%

+140.30%

Atoms Bits Long '26: Energy Bottlenecks

LIN, MT, PKX, WTS, SOLS, FLS +4

+1.09%

-0.48%

-1.05%

+0.03%

+0.85%

+3.49%

+13.59%

+29.58%

+61.75%

+64.87%

-7.80%

+46.37%

Luxury '26: Private Jets & Yachts

BBD-B.TO, SL.MI, YACHT.MI, EMBJ, BEN.PA, TISG.MI +9

+0.52%

+0.68%

-1.06%

-0.07%

+8.72%

+7.71%

-0.27%

+12.61%

+31.05%

+63.23%

-0.93%

+45.06%

Small Themes '25: Jewelry

CFR.SW, 1929.HK, UHR.SW, PNDORA.CO, 8050.T, SIG +11

-0.75%

+1.43%

-1.09%

-2.21%

+2.11%

+12.41%

+5.56%

+35.75%

+43.80%

+53.50%

-2.42%

+54.86%

MedTech Long '25: Neuromodulation & Neurotechnology Devices

AXGN, BWAY, NPCE, ANGO, OBIO, CVRX +3

+2.87%

+2.12%

-1.10%

+4.62%

+0.32%

+7.05%

+3.18%

+25.70%

+106.12%

-29.15%

+8.73%

+10.19%

Return to Office '24: White Collar Offices

BXP, VNO, CUZ, KRC, SLG, DEI +5

-0.74%

+0.23%

-1.11%

-3.12%

+1.28%

+13.86%

+6.67%

-10.39%

+4.91%

-42.43%

+20.41%

-2.25%

Consumer Attention '24: Media Streaming

GOOG, AMZN, NFLX, DIS, SPOT, WBD +5

+0.33%

+0.64%

-1.11%

-0.36%

+5.96%

-6.91%

-2.84%

+24.23%

+63.25%

+113.19%

+1.04%

+48.36%

Capital Asset Leasing '26: Aviation Assets

AER, FTAI, AL, 2588.HK, WLFC, SKYH

-0.45%

+1.72%

-1.12%

-1.58%

+7.40%

-0.83%

+20.03%

+38.51%

+104.09%

+190.18%

+0.03%

+43.55%

Atoms Bits Long '26: Telecom Infrastructure

TMUS, VZ, T, AMT, SBAC

+0.06%

+0.02%

-1.12%

+1.43%

+4.17%

-12.36%

-6.08%

-17.17%

+3.88%

+16.49%

-15.69%

-18.92%

Steel '26: Specialty, Stainless & Alloys

CRS, ATI, ACX.MC, APAM.AS, WOR, OUT1V.HE +2

+2.25%

+0.48%

-1.15%

+1.78%

+2.35%

+25.10%

+46.58%

+74.39%

+189.81%

+662.82%

+17.51%

+130.76%

Tobacco '24: Tobacco Majors

PM, BTI, MO, 2914.T, STG.CO, IMB.LSE

-0.24%

-1.15%

+0.66%

+6.14%

+3.40%

+0.57%

+9.16%

+51.90%

+116.23%

-10.08%

+19.40%

Sporting Goods '26: Sports Equipment

AS, GOLF, CALY, 7309.T, 7990.T, 8114.T +9

-0.49%

+0.90%

-1.16%

-1.30%

+0.43%

+1.00%

+14.72%

+19.14%

+57.93%

+51.93%

+3.03%

+38.47%

Restaurants '26: Casual Dining

DRI, TXRH, EAT, CAKE, 9861.T, BJRI +22

-0.15%

+1.27%

-1.17%

-1.06%

+6.20%

+2.76%

+2.46%

-20.97%

-9.56%

+17.38%

+6.36%

-8.17%

Shipbuilding '26: Global Shipbuilders

HII, 329180.KO, 042660.KO, 600150.SHG, FCT.MI, GD +7

+0.08%

-0.85%

-1.17%

+0.64%

+3.66%

-4.22%

-5.35%

+16.08%

+103.06%

+106.11%

-16.69%

+51.31%

Fiscal Spend '25: Resource Nationalism

SCCO, FCX, FNV, SQM, KGH.WAR, ALB +7

-0.02%

+1.08%

-1.18%

-1.84%

-4.67%

-3.70%

+17.42%

+80.49%

+134.18%

+116.37%

-11.44%

+140.24%

Global Defense '26: China Warfare & Defense

600150.SHG, 600760.SHG, 600893.SHG, 002179.SHE, 002625.SHE, 000768.SHE +4

+2.27%

+0.58%

-1.18%

-2.46%

+1.74%

-7.88%

-16.07%

+1.66%

+38.54%

-11.36%

-24.46%

+20.95%

Retail Shopping '25: Big Box Retailers

WMT, COST, TJX, LOW, ROST, TGT +13

+0.44%

+0.04%

-1.20%

-0.20%

-4.35%

-4.56%

+5.73%

+8.92%

+17.10%

+103.95%

-2.23%

+13.41%

Optical Connectivity '26: Interconnect Electrical & Copper

AVGO, MRVL, APH, ALAB, TEL, CRDO

-0.48%

+3.49%

-1.21%

-2.06%

-9.98%

+1.23%

+70.05%

+143.93%

+314.65%

+696.31%

+85.22%

+270.74%

Passenger Transports '26: Americas Airlines

RJET, DAL, UAL, LUV, LTM, CPA +15

+0.69%

+2.38%

-1.21%

-1.75%

+0.42%

+32.21%

+22.61%

+42.64%

+85.93%

+69.93%

+13.06%

+73.60%

Buying a House '26: Gas & Electric Utilities

SO, DUK, D, PCG, WEC, AEE +6

+0.28%

-0.49%

-1.23%

+0.82%

-0.18%

+1.92%

+10.11%

+13.65%

+35.31%

+43.85%

-0.50%

+10.59%

Passenger Transports '26: Regional Air Carriers

CPA, EIF.TO, SKYW, VLRS, RJET, CHR.TO +2

-0.07%

+0.76%

-1.23%

-2.82%

+5.55%

+16.69%

+3.43%

+14.13%

+21.44%

+12.31%

-0.27%

+31.77%

Humanoid '25: Tactile, Magnetic & Motion Sensors

ADI, ALGM, RAL, MELE.BR, VPG, SENS.SW +3

-1.46%

+4.86%

-1.24%

-6.42%

-5.30%

+2.68%

+59.80%

+58.78%

+86.74%

+143.05%

+45.47%

+112.72%

Natural Disasters Long '24: Immediate Response

WM, AMT, RSG, XYL, GNRC, TRMB

+0.19%

-0.21%

-1.25%

-0.85%

+0.93%

+0.04%

+3.42%

-3.32%

+13.75%

+12.84%

-6.45%

+4.49%

Buying a House '26: Water Utilities & Tech

AWK, WTRG, BMI, MWA, AWR, CWT +7

+0.46%

+0.08%

-1.26%

-0.82%

-3.53%

+5.79%

+10.88%

+11.19%

+23.43%

-4.25%

+3.77%

+12.70%

Shoes '26: Athletic Shoe Retailers

SHOE, DKS, JD.LSE, NKE, FRAS.LSE, ADS.XETRA +8

+0.49%

+0.24%

-1.27%

-0.68%

+1.95%

+2.33%

-7.01%

-10.23%

-11.77%

-68.13%

-11.55%

-1.51%

Global Foods '25: Hispanic Foods

CMG, STZ, BIMBOA.MX, GRUMAB.MX, JJSF, HERDEZ.MX +21

-0.03%

-0.29%

-1.27%

-1.98%

+2.54%

-0.51%

-0.61%

-4.10%

-5.63%

-10.72%

-8.62%

-5.37%

Data Centers '25: Security, Electrical & Mgmt Systems

HON, ASSA-B.ST, ALLE, VIAV, BSY, PCOR +2

-1.50%

+1.21%

-1.28%

-3.32%

-1.68%

-2.19%

+5.91%

+15.00%

+42.64%

+16.21%

-3.71%

+28.38%

Luxury '25: Luxury Retail

MC.PA, RMS.PA, CFR.SW, 1913.HK, KER.PA, MONC.MI +18

-0.02%

+1.18%

-1.32%

+0.52%

-1.41%

-10.72%

-7.77%

+9.40%

+30.98%

+27.40%

-4.86%

+21.09%

Rate Sensitivity '25: Consumer Lending

RKT, Z, PFSI, UWMC, HAPN, NRDS +3

-0.11%

+2.61%

-1.34%

-3.48%

+4.13%

-9.36%

-28.87%

-12.43%

+6.18%

-38.81%

-12.66%

-6.54%

TrumpPolicy PreElection Long '24: Guns, Prison & Security

AXON, GEO, VSTO, OLN, APOG, SWBI +1

-0.39%

-0.99%

-1.35%

-3.08%

+11.14%

+31.16%

+9.92%

+10.18%

+28.98%

+109.43%

+3.24%

+21.19%

Airplanes '26: eVTOL & Urban Air Mobility

JOBY, ACHR, XPEV, BETA, EVEX, EH +6

+0.67%

-0.87%

-1.38%

-4.18%

+1.53%

-10.02%

-30.95%

-36.34%

+18.16%

-99.91%

-20.26%

-7.47%

Earned Wage Access '26: Low Income Liquidity

FCFS, OMF, ENVA, WU, EZPW, PRG +2

+0.23%

+3.15%

-1.39%

-2.09%

+1.99%

+10.90%

+28.94%

+49.63%

+95.10%

+38.68%

+24.01%

+65.07%

Video & News '24: Traditional Movies

WBD, 9404.T, LION, CNK, CIDM, IMAX +6

-0.52%

+0.33%

-1.40%

-0.61%

+0.37%

-1.14%

+17.57%

+12.24%

+29.74%

-66.27%

+17.90%

+17.12%

Data Centers '25: Waste, Safety & Asset Protection

WM, RSG, SRCL, MSA, MG

+0.29%

-0.09%

-1.44%

+0.13%

+1.11%

+4.28%

+9.48%

+14.94%

+31.54%

+62.89%

-2.34%

+12.68%

Capital Asset Leasing '26: Office Equip, Uniforms & Modular Buildings

CTAS, 8439.T, UNF, WSC, MGRC, VSTS +3

-0.62%

+0.71%

-1.45%

-1.11%

-1.33%

+4.69%

+26.53%

+18.76%

+18.79%

+53.29%

+19.06%

+19.64%

Furniture '26: Global Furniture

2059.TW, W, HVN.AU, 7984.T, RUSTA.ST, NCK.AU +10

-0.44%

+0.29%

-1.47%

-2.11%

+4.48%

+42.06%

-19.34%

-14.34%

+11.98%

-32.40%

-15.24%

+3.77%

Consumer Staples (XLP)

Benchmark · XLP

—

-1.41%

-1.47%

-0.12%

—

+8.45%

+5.81%

+13.78%

+35.57%

-5.02%

+5.81%

Real Food '26: Beef Producers

JBS, TSN, MRFG3.SA, BEEF3.SA, BRFS3.SA, 2282.T +5

+0.68%

+0.04%

-1.48%

+0.68%

-0.56%

-9.90%

-4.61%

-0.67%

+18.62%

-17.00%

-11.55%

+0.43%

Atoms Bits Long '26: Mining Capex

SAND.ST, FNV, 6301.T, EPI-A.ST, CNH, FTT.TO +2

+0.77%

+0.47%

-1.48%

-0.72%

+2.10%

-7.27%

+18.31%

+28.05%

+70.06%

+49.60%

-11.74%

+53.39%

Retail Shopping '26: Resellers

EBAY, 035420.KO, ETSY, 4385.T, REAL, SVV +7

-0.04%

-0.85%

-1.50%

+1.25%

+0.10%

+7.83%

+5.93%

+36.73%

+85.33%

-19.10%

+7.24%

+67.10%

Return to Office '24: Office Furniture & Supplies

7751.T, BB.PA, PBI, CMPR, HNI, MLKN +10

-0.04%

+0.38%

-1.51%

-2.15%

-4.86%

+5.97%

+10.83%

+2.70%

+5.89%

+0.36%

+5.09%

+10.06%

Packaged Foods '26: Multi-Category CPG

PEP, K, GIS, POST, THS

+0.51%

-1.20%

-1.53%

-2.35%

-2.09%

-0.57%

-6.95%

-4.89%

-12.69%

+5.75%

-11.66%

-14.66%

AI '26: AI Insulated REITs

WELL, PLD, EQIX, AMT, DLR, IRM +3

+0.18%

+0.57%

-1.54%

+0.98%

+2.17%

-1.98%

+13.50%

+12.34%

+40.17%

+35.16%

+0.02%

+18.00%

Packaged Foods '26: Energy Drinks, Vitamins & Protein Bars

MNST, PDPG, CELH, GLB.LSE, COCO, ATM.NZ +14

-3.98%

+0.11%

-1.54%

-4.45%

+6.45%

+12.46%

-18.25%

-15.02%

+8.67%

-85.61%

-22.83%

-0.24%

Alcohol '26: Global Spirits

600519.SHG, ABEV, DEO, STZ, RHR.LSE, RI.PA +12

+0.01%

+0.13%

-1.55%

+1.00%

-1.40%

-11.86%

-5.08%

-16.14%

-20.80%

-41.04%

-11.99%

-1.61%

Shipbuilding '26: Maritime Services & Lifecycle Support

443060.KO, WRT1V.HE, BAB.LSE, 5E2.SI, KMAR.OL, RR.LSE +5

+0.03%

-0.81%

-1.59%

-0.36%

-2.45%

-14.32%

+0.35%

+13.85%

+78.60%

+134.69%

-8.75%

+43.01%

Space Supply Chain '26: Satellite Operators

SPCK, SESG.PA, IRDM, ASTS, VSAT, ETL.PA +3

-0.52%

-1.17%

-1.60%

-6.31%

-2.32%

+0.51%

+53.31%

+90.88%

+244.20%

+572.36%

+29.06%

+161.70%

Data Centers '25: Emissions, Efficiency & Renewables

BE, BAS.XETRA, TE.PA, TEX, WAC.XETRA, JMAT.LSE

-0.14%

+0.87%

-1.61%

-1.84%

+12.88%

-12.47%

+24.20%

+60.36%

+153.65%

+101.13%

+5.50%

+111.27%

Macro '26: EM ETFs

EWY, ECH, EIDO

+1.90%

+1.10%

-1.63%

+3.85%

0.00%

+10.62%

+37.30%

+46.72%

+132.62%

-5.80%

+60.60%

Space Supply Chain '26: Ground Systems & Earth Stations

KTOS, KOG.OL, ECHO, VSAT, SPCK, COHR +7

-0.95%

-1.25%

-1.65%

-5.50%

+1.89%

-6.37%

+14.75%

+86.67%

+238.70%

+56.41%

-5.38%

+155.76%

Natural Disasters Long '24: Logistics & Storage

PSA, XPO, CHRW, WSC

+0.35%

+1.33%

-1.66%

-1.06%

-1.83%

+3.49%

+36.19%

+35.49%

+52.20%

+63.78%

+8.32%

+43.60%

Small Themes '24: MLM

021240.KO, NTCO, HLF, AGNT, 5318.KLSE, USNA +8

+0.37%

+0.25%

-1.67%

-1.73%

-2.84%

-5.82%

-16.78%

-16.84%

-2.48%

-53.05%

-18.10%

-3.46%

Euro Spend '25: Building Tech & Materials

SGO.PA, GEBN.SW, KRX.IR, LIFCO-B.ST, ROCK-B.CO, ANTO.LSE

+0.69%

+1.65%

-1.68%

-0.93%

-0.88%

-10.67%

-5.81%

-3.97%

+16.07%

+19.62%

-11.78%

+10.94%

Shoes '26: Lifestyle Shoe Retailers

BOOT, DBI, CAL, GCO, TJX, ZAL.XETRA +17

+0.32%

+1.26%

-1.68%

-1.45%

+3.69%

-1.25%

+4.50%

+37.42%

+28.26%

+189.61%

+4.93%

+44.07%

Restaurants '26: Dairy & Cheese Buyers

DPZ, BROS, SBUX, PZZA, CAKE, BJRI +3

-0.01%

+0.70%

-1.69%

-2.87%

+4.80%

+2.40%

+6.36%

-4.88%

+33.19%

-5.60%

+4.69%

+5.63%

Retail Shopping '25: Shopping REITs

SPG, O, URW.PA, KIM, REG, LI.PA +6

+0.01%

+0.67%

-1.69%

+0.41%

-0.16%

+4.41%

+19.23%

+31.59%

+58.62%

+53.57%

+6.55%

+37.54%

Small Themes '25: Blue Economy

DSFIR.AS, MOWI.OL, JBTM, SALM.OL, BAKKA.OL, LSG.OL +2

-0.26%

+0.06%

-1.71%

+1.36%

-2.47%

+6.47%

-1.82%

+5.55%

+22.81%

-23.42%

-5.59%

+14.46%

Consumer Auto '26: Global Leasing and Rentals

AYV.PA, RENT3.SA, OTOEL.AT, 4260.SR, MOVI3.SA, 4262.SR +2

+0.78%

+1.59%

-1.72%

-1.84%

-1.76%

-11.62%

-12.07%

-3.09%

+0.03%

-0.82%

-15.14%

+4.29%

Modern Warfare '26: Warfare in Iran

ESLT, SAAB-B.ST, PL, MRCY, IRDM, LASR +8

+0.28%

-0.57%

-1.73%

-4.90%

+2.01%

-3.45%

+35.87%

+101.12%

+391.58%

+356.87%

+21.54%

+228.64%

Steel '26: Integrated / Blast Furnace Producers

X, CLF, 5401.T, JSWSTEEL.NS, TTSRF, PKX +5

+1.00%

-1.92%

-1.74%

+0.37%

+1.31%

+0.76%

-8.37%

+15.19%

+22.67%

+47.62%

-15.98%

+26.83%

Recreation '24: Sporting Goods Retailers

DKS, CTC.TO, ASO, WINA, 3028.T, SHOE +5

+0.14%

-0.67%

-1.74%

-2.08%

-2.89%

-3.87%

-2.39%

-10.43%

-0.36%

+46.17%

-5.64%

+10.87%

Back to School '25: Value Retailers & College Move-In

WMT, TGT, AMZN, COST, TJX, WSM +19

+0.03%

+0.06%

-1.75%

-0.89%

-0.47%

-4.86%

+6.90%

+13.76%

+31.19%

+27.65%

-2.08%

+27.17%

Materials (XLB)

Benchmark · XLB

—

+0.20%

-1.76%

-1.49%

—

+9.87%

+11.52%

+19.61%

+33.32%

-4.84%

+11.52%

Consumer Auto '24: Auto Parts & Servicing

ORLY, AZO, GPC, DIE.BR, LKQ, VVV +5

-0.96%

+0.50%

-1.76%

-3.39%

+0.13%

-6.14%

+8.73%

-5.22%

+8.34%

+46.09%

-4.90%

-0.32%

City-Specific Businesses '26: Paris Business

GFC.PA, FLY.PA, SELER.PA, HDP.PA, ADP.PA, ALTA.PA +9

+0.98%

+0.62%

-1.78%

+0.87%

-5.13%

-11.18%

-1.65%

+1.44%

+25.61%

+28.30%

-4.67%

+22.65%

Small Themes '26: Sleep

TT, MAR, HLT, CARR, RMD, PHG +11

+0.66%

-0.38%

-1.79%

-0.76%

+0.22%

+3.76%

-21.83%

-23.32%

+11.61%

+60.95%

-21.48%

-8.65%

Data Owners '25: Creative IP & Licensed Content Libraries

NYT, GETY, UMG.AS, DIS, WBD, TTWO +9

+0.04%

-0.76%

-1.79%

+0.75%

-2.24%

-10.12%

-9.53%

-0.20%

+15.28%

+17.78%

-1.43%

+13.78%

Global Defense '26: Indian Warfare & Defense

BEL.NS, HAL.NS, MAZDOCK.NS, BDL.NS, COCHINSHIP.NS, DATAPATTNS.NS +2

0.00%

-0.77%

-1.80%

-3.56%

-1.74%

-0.84%

+8.18%

-12.15%

-6.06%

+538.22%

+10.22%

+24.30%

Buying a House '26: Small Appliances

PHG, 6690.HK, SN, DLG.MI, BRG.AU, SK.PA +13

-0.44%

+0.75%

-1.80%

-0.87%

+1.90%

+4.70%

+17.87%

+14.40%

+40.83%

-40.38%

+5.56%

+29.40%

Energy Sovereignty '26: Indian Energy Demand

RELIANCE.NS, ONGC.NS, IOC.NS, GAIL.NS, BPCL.NS, PETRONET.NS +6

0.00%

+0.41%

-1.81%

-1.08%

-0.65%

-4.66%

-15.15%

-19.60%

-26.05%

-4.85%

-16.11%

-10.47%

Euro Spend '26: European Renewables Buildout

IBE.MC, RWE.XETRA, VWS.CO, ORSTED.CO, EDP.LS, ANA.MC +5

-0.94%

+1.71%

-1.82%

-2.51%

-0.92%

+3.05%

+17.58%

+40.49%

+71.13%

+94.05%

-0.47%

+73.31%

City-Specific Businesses '26: Dubai Business

EMAAR.AE, DEWA.AE, SALIK.AE, EMAARDEV.AE, PARKIN.AE, 2321.TW +6

+0.82%

+0.33%

-1.86%

-1.60%

+0.04%

-9.28%

-7.96%

+46.53%

+133.89%

-15.52%

+7.47%

Archetypes '25: Trad Wives

MC.PA, WSM, LULU, HIMS, SFM, MIDD +14

+0.44%

+0.22%

-1.86%

-3.67%

-4.58%

-8.81%

-6.16%

-16.94%

+3.67%

-25.26%

-4.95%

-5.81%

Steel '26: Pipe & Tube Producers

TS, VK.PA, TUB.MC, MTUS, NWPX, MLI +2

+0.25%

+0.04%

-1.88%

+0.97%

+0.71%

-20.13%

+25.64%

+31.01%

+69.98%

+219.57%

+5.74%

+43.25%

Capital Asset Leasing '26: Surface Transport Assets

R, EFN.TO, GATX, TRN, CTOS, GBX +1

+0.54%

+2.47%

-1.88%

-0.15%

+1.98%

-0.10%

+17.78%

+18.39%

+37.57%

+67.65%

-1.27%

+28.88%

Music '26: Streaming, Podcasts & Radio

043610.KQ, AAPL, SPOT, TME, SIRI, DLB +9

-0.09%

+1.81%

-1.89%

-2.08%

+3.35%

+12.48%

+9.78%

+18.13%

+22.86%

+162.62%

+6.33%

+24.16%

Energy Services '26: Land Drillers

HP, PTEN, PDS, NBR, LBRT, 2381.SR +10

-0.52%

-1.22%

-1.91%

+2.74%

-0.80%

+877.01%

+28.84%

+68.41%

+17.80%

+9.48%

-0.10%

+45.59%

Euro Spend '26: EU Chips Act 2.0

BESI.AS, CANATU.HE, HUBN.SW, XFAB.PA, ASML, IFX.XETRA +22

-1.28%

+4.31%

-1.91%

-3.81%

-2.89%

+22.92%

+85.23%

+97.32%

+117.75%

+122.55%

+46.48%

+164.68%

Fiscal Spend '24: Renewables

GEV, BE, EOAN.XETRA, FSLR, NXT, BLBD +4

+0.50%

+1.17%

-1.92%

-2.16%

+14.50%

-5.95%

+35.54%

+80.96%

+148.56%

+416.24%

+19.15%

+152.03%

Stagflation Long '25: Gold & Hard Assets

NEM, AEM, B, FNV, TPL

-0.15%

+1.77%

-1.92%

-1.55%

+3.45%

-17.79%

+1.53%

+44.06%

+84.70%

+57.47%

-28.39%

+34.70%

HaveNots Shorts '25: Premium Food

COST, SBUX, DASH, CMG, TOST, CAVA +8

-0.32%

+1.60%

-1.94%

-4.04%

-0.77%

-0.72%

-3.94%

-26.00%

-6.26%

+53.24%

-5.71%

-22.98%

Business Services '25: Data Labeling

INOD, APX.AU, TIXT, EXLS, AMZN, WNS +2

+0.35%

+0.28%

-1.95%

+0.13%

+2.13%

-6.46%

+11.99%

+8.48%

+120.96%

+33.77%

-2.96%

+40.39%

Small Themes '24: Work Uniforms

CTAS, MSA, UNF, BOOT, ALH, 7564.T +9

+0.57%

+0.29%

-1.96%

-1.88%

-2.60%

+2.76%

+25.85%

+29.38%

+29.86%

+148.22%

+3.83%

+38.01%

Edge AI Long '24: Edge Processors

005930.KO, MRVL, QCOM, 2454.TW, ADI, 6723.T +2

-0.78%

+2.54%

-1.99%

-5.11%

+0.22%

+23.52%

+95.62%

+142.54%

+141.37%

+211.93%

+64.40%

+181.68%

HaveNots Longs '25: Mass Market Home & Auto

HD, LOW, GM, F, PHM, UHAL +1

+0.29%

+1.35%

-1.99%

-1.23%

+1.77%

+5.80%

-5.04%

-1.69%

+14.28%

+15.40%

-5.45%

+3.77%

HaveNots Longs '25: Discount Retail

WMT, COST, TJX, ROST, ORLY, AZO +13

-0.18%

-0.06%

-2.00%

-2.10%

-4.18%

-5.53%

-7.00%

+0.52%

+15.84%

+127.53%

-10.61%

+12.06%

Passenger Transports '26: EM Airlines

INDIGO.NS, 7YH.F, VJC.VN, THYAO.IS, JAZEERA.KW, AIRARABIA.AE +9

+0.30%

+0.70%

-2.01%

-0.85%

-2.94%

+14.60%

-0.56%

+2.98%

+26.47%

+35.69%

-7.08%

+12.30%

Drones '26: Mission Payload & Intelligence

RTX, TRMB, ONDS, SWMR, NVDA, RCAT +5

+0.09%

+1.05%

-2.01%

-4.19%

-0.87%

-7.18%

+35.02%

+97.09%

+200.26%

+1610.09%

+14.19%

+149.11%

Data Centers '25: Water & Fluid Systems

ECL, FERG, VIE.PA, XYL, PNR, WTS +5

-0.28%

+0.43%

-2.02%

-1.43%

-4.04%

+0.15%

+4.18%

+5.24%

+30.62%

+39.24%

-8.04%

+18.89%

Modern Warfare '26: ISR

SPCK, PLTR, RTX, LHX, RKLB, ESLT +11

+0.81%

-1.12%

-2.03%

-4.58%

-3.39%

-1.91%

+15.99%

+37.58%

+197.14%

+263.99%

+4.85%

+91.99%

Edge AI Long '26: NPU + Mobile Inference

AAPL, 005930.KO, QCOM, 2454.TW, ADI, 6981.T +5

-0.42%

+2.08%

-2.04%

-2.73%

+3.05%

+16.71%

+85.49%

+137.47%

+133.80%

+169.78%

+56.04%

+163.43%

Restaurants '26: Pork Buyers

NATH, FWRG, DENN, CBRL, ARMK, PTLO +2

-0.33%

+0.86%

-2.04%

-3.66%

+8.44%

+1.96%

+17.73%

-12.29%

+18.04%

-4.35%

+10.78%

+3.30%

Natural Disasters Long '24: Modular Homes

CVCO, MGRC, BDI.TO, SFR.LSE

-0.01%

+0.74%

-2.05%

-2.12%

-1.20%

+10.05%

+15.34%

+24.84%

+34.54%

+100.15%

+6.35%

+52.28%

NatGas '25: Transition & Merchant Utilities

D, XEL, NRG, EVRG, AES

+0.47%

+0.14%

-2.06%

+0.70%

-0.48%

+2.89%

+8.38%

+18.42%

+55.13%

+31.34%

-5.07%

+31.27%

Natural Disasters Short '24: Utilities

NEE, DUK, ETR

+0.02%

-0.65%

-2.07%

-0.49%

-3.42%

+4.92%

-13.02%

-20.50%

-52.75%

-44.56%

+1.59%

-20.33%

TrumpPolicy PreElection Short '24: Green Energy

VWS.CO, ORSTED.CO, ENPH, RUN, CSIQ

-0.22%

+2.71%

-2.08%

+3.51%

+1.88%

+4.27%

-1.67%

-24.26%

+1.10%

+60.20%

-2.24%

-56.27%

Packaged Foods '26: Salty & Savory Snacks

2802.T, KHC, HRL, 2801.T, 2875.T, CPB +21

+0.42%

-1.05%

-2.10%

-1.67%

+3.13%

+5.22%

+2.10%

+2.21%

+0.09%

-19.00%

-7.74%

+1.76%

Humanoid '25: Compute & Edge AI

NVDA, CDNS, MCHP, 603893.SHG, 9660.HK, ACLS +6

-0.47%

+3.67%

-2.11%

-3.86%

+0.23%

-6.91%

+62.19%

+96.64%

+123.00%

+1579.29%

+48.01%

+155.93%

Shoes '26: Luxury Footwear

1913.HK, MC.PA, RMS.PA, KER.PA, SFER.MI, MONC.MI +7

-0.03%

+1.36%

-2.12%

+0.37%

-2.21%

-17.22%

-11.46%

-0.02%

-7.22%

-18.68%

-5.09%

+5.52%

Alcohol '26: Drink Mixers

LAS-A.TO, BRFH, FEVR.LSE, BAG.LSE

-0.16%

-1.34%

-2.13%

-0.98%

+0.37%

-7.22%

-9.96%

-13.22%

+7.86%

+3.59%

-16.75%

+2.29%

NatGas '25: Regulated Utilities

AEP, ETR, EXC, DTE, FE

+0.20%

-1.23%

-2.13%

+0.33%

-0.31%

+0.57%

+14.26%

+22.21%

+58.83%

+73.62%

-0.63%

+19.48%

Passenger Transports '26: Asian Transit Passengers

THYAO.IS, BEM.BK, C52.SI, PGSUS.IS, BTS.BK, 0062.HK +1

+0.39%

+1.44%

-2.15%

-0.35%

-2.23%

+2.83%

-0.24%

-12.13%

-19.04%

+11.81%

-6.12%

-17.66%

AI Short '25: Expected AI Losers

CHGG, TEP.PA, COUR, CNXC, FVRR, UPWK +22

+0.54%

+0.15%

-2.17%

+2.61%

+1.32%

-0.04%

+19.53%

+26.22%

+18.17%

+49.75%

-6.79%

+11.90%

Virality '25: Viral Discretionary Retailer

MC.PA, KER.PA, TPR, AS, 1913.HK, ATZ.TO +9

+0.12%

+0.78%

-2.18%

-1.05%

-4.47%

-9.76%

-0.63%

+34.29%

+87.36%

-22.56%

-3.30%

+54.62%

TrumpPolicy PreElection Long '24: Tariff Winners

WMT, ROST, ORLY, BDX, DECK, WRK +3

-0.60%

+0.31%

-2.20%

-2.05%

-5.17%

-6.80%

-1.09%

+5.43%

+7.39%

+124.16%

-7.28%

+2.94%

Fiscal Spend '24: Critical Materials

SQM, ALB, PPTA, WOLF, AMG.AS, ANTO.LSE +1

+0.08%

+1.81%

-2.20%

-4.33%

+4.40%

-21.81%

+20.49%

+84.63%

+116.74%

+47.97%

-2.21%

+122.77%

Rare Earths '25: Rare Earth Refining

SOLB.BR, VNP.TO, ILU.AU, USAR, TMC, NEO.TO +1

+1.59%

-2.21%

-3.73%

-1.66%

-3.44%

+51.71%

+111.37%

+419.00%

+60.75%

+2.93%

+274.49%

Humanoid '25: Industrial Automation OEMs

GE, ABBN.SW, TTE.PA, DE, MIELY, HON +16

-0.14%

+1.23%

-2.22%

-3.36%

-0.55%

+8.97%

+22.74%

+46.12%

+109.08%

+142.25%

+5.53%

+86.89%

Fiscal Spend '25: US Defense Modernization & Shipbuilding

FERG, HII, KTOS, MRCY, ONDS, RDW +3

+0.03%

+0.15%

-2.28%

-4.85%

-1.46%

-8.29%

-0.23%

+39.29%

+182.47%

+75.77%

-10.52%

+112.84%

Connectivity '24: Wireless

NOK, MSI, ERIC, UI, SMTC, TSAT +1

-0.01%

+2.92%

-2.28%

-1.27%

-4.22%

+3.39%

+38.82%

+68.28%

+217.93%

+98.65%

+18.15%

+96.37%

US Airlines Long '24: Bottleneck Beneficiaries

HWM, TDG, HEI, ATI, AER, FTAI +2

+0.06%

+1.86%

-2.29%

-1.88%

+6.98%

+2.86%

+23.75%

+46.75%

+117.48%

+241.83%

+2.84%

+81.62%

Renewable Energy '25: Solar

FSLR, NXT, ENPH, SHLS, SEDG, RUN +6

+0.97%

+2.52%

-2.30%

+3.76%

+2.49%

+7.28%

+45.18%

+47.79%

+103.53%

+9.83%

+105.38%

Bank Short '24: Struggling Banks

OZK, KRE, HTH, BRKL, EGBN

-0.12%

+1.37%

-2.31%

+3.42%

+3.26%

-4.08%

-12.62%

-13.36%

-37.69%

-5.82%

-5.40%

-20.73%

AI '26: Midstream AI Materials

NVDA, KLAC, 2513.HK, 600183.SHG, ASM.AS, 1303.TW +20

-1.13%

+2.43%

-2.31%

-7.12%

-0.43%

-2.97%

+123.62%

+240.55%

+289.12%

+942.63%

+63.35%

+354.08%

Data Centers '25: Telecom & Communications

TMUS, T, AMT, MSI, CCI, SBAC +1

+0.22%

+0.21%

-2.33%

+0.60%

+2.89%

-10.16%

-4.78%

-6.80%

+40.81%

+15.10%

-12.15%

-6.00%

Passenger Transports '26: LatAm Airlines

LTM, GOLL54.SA, CPA, AERO, JBLU, VLRS +1

—

+1.94%

-2.34%

+5.58%

+9.58%

+72.50%

+15.80%

+34.35%

+16.35%

-87.05%

+10.28%

+24.23%

China '24: Semis & ICs

688256.SHG, 688041.SHG, 002371.SHE, 603986.SHG, 688012.SHG, 688008.SHG +8

-4.64%

+7.61%

-2.38%

-8.38%

+7.05%

+42.80%

+86.11%

+215.63%

+404.42%

+290.23%

+47.77%

+210.91%

Passenger Transports '26: ULCCs

RYAAY, ALGT, ULCC, NAS.OL, VLRS, GOL +4

+0.25%

+0.84%

-2.40%

-0.15%

+2.13%

+22.75%

+1.31%

+19.33%

+35.21%

+5.69%

+1.71%

+31.09%

Data Centers '25: Air Quality & Specialized Components

RBC, MLI, DCI, MTRS.ST, SYSR.ST

-0.30%

+1.98%

-2.43%

-2.11%

+1.26%

-13.66%

-6.59%

+16.61%

+38.96%

+154.49%

-15.07%

+34.89%

GLP-1 Short '24: Unhealthy Food

MCD, PEP, BUD, MDLZ, DEO, YUM +20

-0.06%

+0.14%

-2.43%

+2.51%

+0.50%

+0.22%

-5.48%

+5.43%

-10.11%

+0.12%

+6.13%

-3.48%

Small Themes '26: Housing Turnover

HD, LOW, WSM, UHAL, W, RH +1

-0.50%

+1.73%

-2.48%

-2.29%

+2.77%

+7.76%

-19.66%

-13.75%

-1.36%

+3.47%

-17.40%

-4.49%

Recreation '24: RVs

UFPI, TRI.PA, PATK, LCII, WGO, DOM.ST +4

+0.81%

+0.85%

-2.50%

+0.16%

+0.40%

-9.58%

-20.51%

-19.65%

-38.94%

-33.74%

-20.92%

-16.09%

AI '25: DC Connectivity

CSCO, GLW, 2308.TW, PRYMY, 2345.TW, NIPNF +6

+0.02%

+1.65%

-2.50%

+1.82%

+6.02%

+7.04%

+74.48%

+126.35%

+252.25%

+242.72%

+42.47%

+194.29%

Global Home Improvement '26: Japanese Home Improvement

9843.T, 3050.T, 8218.T, 3191.T, 7516.T, 3199.T

0.00%

-0.73%

-2.51%

+1.44%

+0.11%

-17.07%

-5.52%

-5.96%

-3.84%

-17.21%

-11.44%

-4.64%

Rare Earths '25: Downstream Applications

METSO.HE, UMI.BR, ORBIA.MX, CRML, AEC.V, NVX

+0.50%

+0.89%

-2.53%

-2.27%

-1.84%

+0.89%

+5.65%

+53.72%

+67.71%

-12.11%

-16.63%

+139.53%

MedTech Long '25: Diagnostic Platforms

ILMN, PSNL, QDEL, PACB, MASS, QTRX +1

-0.39%

+3.06%

-2.54%

-2.82%

+10.77%

+48.01%

+13.62%

+26.70%

+82.14%

-66.59%

+8.51%

+63.26%

Renewable Energy '24: Nuclear

CEG, TLN, VST, CCJ, CW, BWXT +7

-0.01%

+2.29%

-2.54%

+0.47%

-1.58%

-10.80%

-2.42%

+18.65%

+150.86%

+648.25%

-12.70%

+94.05%

Steel '26: EAF Mini-Mills

NUE, STLD, CMC, TX, BSL.AU, GGB +2

+0.08%

-1.37%

-2.55%

+2.03%

+3.55%

-1.14%

+23.61%

+47.16%

+53.77%

+183.11%

+9.50%

+67.23%

TrumpPolicy PreElection Short '24: Tariff Losers

TGT, FERG, DKS, BBY, CCK, W +5

-0.63%

+2.22%

-2.55%

+2.01%

-1.09%

-2.84%

-14.47%

-11.00%

-22.24%

+24.18%

-7.78%

-24.89%

Modern Warfare '26: Greenland Rare Earths

USAR, CRML, ETM.AU, PELI, AMRQ.LSE

-0.66%

+3.73%

-2.55%

-0.66%

-1.71%

-14.73%

+7.79%

+86.30%

+146.16%

+80.34%

-20.76%

+150.01%

Euro Spend '25: Electrification & Grid Modernization

PRYMY, NEX.PA, SIE.XETRA, SU.PA, ENR.XETRA, ABBN.SW +9

-0.22%

+1.77%

-2.55%

+4.98%

+2.58%

+1.19%

+30.45%

+60.42%

+116.30%

+126.10%

+13.85%

+105.44%

Genomics '25: Synthentic Biology & Biofoundries

DNA, TWST, GENB, CDXS, 1548.HK, LNZA +6

+0.92%

+3.22%

-2.55%

-1.20%

-1.08%

+31.81%

+49.65%

+35.01%

+30.83%

-50.92%

+62.65%

+67.96%

US Industrial Manf '26: Steel Production

NUE, STLD, X, CMC, CLF, APAM.AS +3

+0.58%

-1.73%

-2.56%

+1.14%

+2.59%

+1.51%

+15.90%

+36.94%

+47.91%

+175.26%

+8.77%

+60.58%

Buying a House '26: Home Mortgages

RKT, NLY, AGNC, PFSI, RWT, BETR +1

+0.06%

+3.26%

-2.57%

-3.22%

+3.43%

-3.92%

-14.07%

+26.37%

+30.32%

-12.85%

-13.52%

+39.68%

Child Care '24: Child Apparel & Accessories

CROX, MNSO, KSS, CRI, 1086.HK, BBN.AU +3

+0.36%

+0.55%

-2.58%

-2.73%

+3.21%

+7.00%

-7.71%

+9.30%

+7.81%

-6.32%

-6.06%

+3.11%

HaveNots Shorts '25: Luxury Lifestyle

BKNG, ABNB, RACE, DAL, MBG.XETRA, LYV +13

+0.49%

+1.64%

-2.58%

-0.78%

-0.38%

+6.50%

+2.60%

+8.64%

+30.98%

+59.29%

+2.05%

+26.01%

Cycle Short '24: Middle Class Resi REIT

AVB, INVH, AMH

-0.84%

-0.58%

-2.60%

+2.85%

-3.89%

-1.86%

-3.63%

+8.31%

+11.06%

+5.47%

-8.60%

+13.74%

Real Food '26: Pork Producers

SFD, 0288.HK, TSN, SEB, HRL, CWK.LSE +3

-0.15%

-0.62%

-2.61%

+0.22%

+4.61%

-9.79%

+4.12%

+10.68%

+39.05%

-17.08%

-6.75%

+19.27%

US Airlines Long '24: Premium

DAL, UAL, AAL, ALK, SKYW, SNCY

+1.86%

+2.73%

-2.66%

-0.75%

-0.98%

+37.21%

+14.28%

+24.32%

+73.13%

+42.79%

+11.66%

+50.45%

Small Themes '26: Household Products

PG, UL, MMM, CL, KVUE, KMB +16

-0.02%

-0.21%

-2.67%

-2.51%

+0.59%

+0.14%

+11.71%

+0.96%

+10.09%

+2.37%

-4.17%

+0.42%

Data Centers '25: Cabling & Network Infrastructure

APH, TEL, NDA.XETRA, EXTR, BDC, VISN

+1.04%

+2.81%

-2.69%

-0.92%

+0.21%

+5.98%

+29.51%

+67.19%

+206.06%

+207.17%

+19.70%

+122.18%

Retail Shopping '25: Strip Malls

KIM, REG, FRT, GME, BRX, ACI +12

-0.61%

+0.52%

-2.69%

-2.97%

+1.05%

+2.06%

+9.25%

+12.63%

+22.26%

-18.71%

+1.83%

+17.18%

Cycle Short '26: Florida Growth Slowdown

NEE, LEN, WSO, RJF, MAA, REG +6

+0.12%

+0.23%

-2.71%

+1.83%

-1.23%

+1.96%

-4.35%

-1.94%

-13.48%

-8.34%

+4.54%

-3.96%

Humanoid '25: Humanoid & Service Robot OEMs

AMZN, TSLA, UBER, ISRG, 005380.KO, F +7

+0.01%

-0.07%

-2.74%

-2.36%

+0.33%

-1.74%

-10.91%

+11.93%

+59.31%

+76.37%

-11.71%

+25.93%

Fiscal Spend '24: Aggregate Materials

VMC, MLM, VMI, SUM, CRH, AMRZ +10

+1.29%

+0.56%

-2.81%

-4.28%

+1.77%

-4.31%

+9.30%

+21.61%

+49.26%

+65.88%

-1.21%

+31.90%

Global Foods '25: Italian-American Foods

DRI, DPZ, EAT, PZZA, PTLO, BLMN +13

+0.23%

-0.13%

-2.82%

-2.78%

+3.28%

-0.82%

+0.59%

-10.91%

-3.01%

-7.89%

-5.53%

-11.13%

Child Care '24: Child Hygiene & Food

KMB, HNST, OFRM, HAIN, 2762.T

-0.33%

-1.11%

-2.83%

-4.84%

-1.99%

+15.54%

-0.37%

-19.36%

-30.67%

-20.74%

-4.81%

-31.43%

MegaTech '25: Apple Complex

AAPL, CRUS, 002475.SHE, 011070.KO, 2317.TW, TSM +16

-0.52%

+1.32%

-2.83%

-2.73%

-1.98%

+11.74%

+35.25%

+71.36%

+67.41%

+149.70%

+26.39%

+88.11%

Edge AI Long '24: Device Connectivity & IoT

SWKS, SLAB, QRVO, NOD.OL, SMTC, MXL +9

+0.21%

+3.08%

-2.85%

-4.77%

+7.23%

+9.18%

+47.05%

+47.82%

+80.49%

+82.59%

+35.17%

+74.31%

Fiscal Spend '26: Housing Affordability

JPM, WFC, DHR, RKT, LEN, SKY +3

+0.20%

+2.26%

-2.88%

-2.77%

-3.38%

+8.41%

-12.09%

+1.27%

+8.02%

+62.70%

-12.72%

-2.35%

Buying a House '26: Electric & Smart Home

HON, LR.PA, HUBB, REZI, LIGHT.AS, AYI +1

+0.99%

+0.26%

-2.88%

-1.10%

-0.85%

+23.10%

+1.02%

+12.65%

+39.27%

+14.07%

-6.89%

+38.98%

AI '24: Taiwan Phase 1 AI

2330.TW, 2308.TW, 2317.TW, 6669.TW, 2382.TW, 2345.TW +14

-0.01%

-1.04%

-2.89%

-4.79%

+1.30%

+9.81%

+62.69%

+122.96%

+250.42%

+288.00%

+27.75%

+224.05%

Space Supply Chain '26: Aerospace Fasteners, Seals & Connectors

TDG, APH, HWM, TEL, AME, ARXS +4

+0.02%

+0.78%

-2.92%

-2.51%

+1.95%

+4.24%

+13.32%

+32.54%

+80.03%

+261.66%

+2.44%

+59.45%

AI '26: Processor IP

ARM, CDNS, SNPS, CEVA, RMBS, 688521.SHG +2

-1.04%

+6.40%

-2.92%

-3.49%

-0.83%

+29.50%

+113.87%

+99.25%

+109.50%

+453.94%

+90.59%

+149.77%

Restaurants '26: Beef Buyers

TXRH, DRI, SHAK, STKS, WEN, MCD +3

+0.01%

+2.27%

-2.93%

-3.17%

-1.36%

+0.29%

+9.63%

-20.17%

+8.21%

+25.55%

-2.47%

-4.76%

Euro Spend '25: Infra & Construct Materials

DG.PA, CRH, HOLN.SW, FER.MC, HEI.XETRA, WY +3

+1.14%

+0.24%

-2.94%

-0.89%

+1.69%

-4.19%

-9.84%

-0.06%

+26.73%

+80.64%

-11.84%

+7.54%

Music '26: Concerts

LYV, EVD.XETRA, LLYVA, SPHR, MSGE, STUB +6

+1.02%

+0.24%

-2.97%

-1.26%

+5.67%

+8.81%

+0.96%

+2.82%

+34.77%

+139.22%

+3.54%

+19.63%

Rate Sensitivity '25: Home Furniture

WSM, SGI, W, RH, BOBS, MLKN +4

-0.17%

+2.37%

-2.98%

-2.74%

-0.65%

+17.11%

-15.81%

-8.16%

-0.77%

-31.13%

-11.91%

+5.70%

Furniture '26: Furniture Manf

SGI, MASISA.SN, LEG, 1999.HK, XMAX, FLXS +6

+0.21%

+1.04%

-2.99%

-2.62%

-10.31%

+8.32%

-14.85%

+2.30%

+6.53%

-30.52%

-20.13%

+20.30%

Trump Grift Era '25: Buying Trumpcoin

DFDV, UPXI, FRGT

+2.89%

+1.84%

-2.99%

-8.11%

+1.28%

-38.53%

-36.49%

-83.29%

-90.35%

-99.79%

+6.87%

-71.88%

Shrinkage Long '25: Retailers Helped by Solutions

DG, DLTR, DKS, FIVE, OLLI, ASO +1

-0.30%

+0.97%

-3.01%

-3.72%

+1.99%

+1.76%

-8.03%

-1.02%

+5.90%

-3.83%

-15.40%

+18.30%

Retail Shopping '25: Mall Anchors

TJX, ROST, TGT, BURL, ULTA, DKS +10

-0.07%

+0.56%

-3.02%

-1.68%

+3.25%

-2.06%

+15.78%

+15.93%

+24.07%

-7.24%

+8.44%

+30.24%

Furniture '26: Mattresses

SGI, LEG, 013890.KO, CULP, PRPL, SNBR

-0.26%

+1.20%

-3.02%

+0.65%

-11.72%

+10.34%

-38.72%

-38.37%

-26.10%

-22.24%

-35.84%

-32.57%

HaveNots Longs '25: Consumer Basics

BUD, BTI, MO, CL, STZ, TSCO +5

+0.02%

+0.05%

-3.02%

-1.28%

+2.81%

-1.11%

+4.19%

+1.47%

+7.00%

+17.10%

-6.43%

-0.60%

Shipbuilding '26: Icebreakers

WRT1V.HE, VSSAB-B.ST, CAT, ABBN.SW, 042660.KS, CGCBV.HE +6

-0.10%

-0.13%

-3.03%

-1.06%

+5.34%

+1.49%

+9.41%

+35.27%

+99.54%

+326.73%

-8.06%

+65.36%

Passenger Transports '26: European Airlines

RYA.IR, IAG.MC, LHA.XETRA, AF.PA, NAS.OL, AEGN.AT +6

+2.56%

+0.30%

-3.05%

+1.18%

+1.46%

+19.43%

-11.00%

-9.25%

+46.18%

+33.63%

-12.60%

+18.96%

Data Centers '25: HVAC & Cooling

VRT, MOD, NVT, MAIR, SU.PA, JCI +7

+0.59%

+1.94%

-3.07%

-1.47%

+3.44%

-2.64%

+45.88%

+68.48%

+97.24%

+173.65%

+12.68%

+104.15%

Data Centers '25: Construction & Engineering Services

DG.PA, HOT.XETRA, EN.PA, J, SKA-B.ST, ACM +2

-0.43%

+0.17%

-3.08%

-1.82%

-1.00%

-10.18%

-2.33%

+10.28%

+68.15%

+73.72%

-12.68%

+40.81%

High Tax Refund '26: Debt & Credit Paydown

COF, SYF, OMF, CACC, ENVA, OPFI

-0.49%

+3.10%

-3.09%

-4.75%

-2.17%

+0.70%

+3.51%

+9.69%

+96.22%

+34.68%

+17.56%

+32.63%

Stagflation Long '25: Essential Cons Goods

KO, MO, ORLY, SYY, K, GIS +2

-0.18%

-0.56%

-3.10%

-2.74%

+4.45%

+0.05%

-5.67%

-15.23%

+5.54%

+33.36%

-14.82%

-16.75%

Data Centers '25: Core Construction Materials

CRH, NUE, HOLN.SW, SGO.PA, VMC, MLM +10

+0.66%

-0.00%

-3.10%

-0.53%

+1.86%

-3.86%

+6.48%

+21.72%

+43.54%

+100.79%

-0.82%

+31.06%

Modern Warfare '26: Defense Electronics & Components

CW, MTSI, MRCY, ARXS, FEIM, MOG-A +12

+0.15%

+2.00%

-3.11%

-6.88%

+2.23%

+2.84%

+50.94%

+95.92%

+202.31%

+475.08%

+25.08%

+149.25%

Asian Restaurants '26: Hot Pot & Other Chinese Cuisine

LKNCY, 6862.HK, JBFCY, CHA, 0338.KLSE, 603043.SHG +9

+0.23%

-2.41%

-3.11%

-4.79%

+4.17%

-12.17%

-12.26%

-19.27%

+5.47%

-35.51%

-6.02%

-5.69%

AI '26: Data Center Equip Recycler

CLH, UMI.BR, SGM.AU, RERE, YDDL

+0.16%

-0.66%

-3.14%

-0.97%

-6.04%

+7.12%

+6.70%

+29.70%

+72.93%

+4.14%

-12.26%

+61.13%

Data Centers '26: Recip Engines & Gas Turbines

GEV, CAT, RR.LSE, WRT1V.HE, 7011.T, CMI +4

-0.31%

+0.76%

-3.16%

-3.40%

+8.91%

-4.38%

+34.42%

+73.67%

+226.95%

+321.98%

+4.52%

+131.32%

Payments '24: Card Issuing

NU, HO.PA, GPGI, BFH, MQ

+1.47%

+0.84%

-3.20%

-3.48%

-4.82%

+2.12%

-3.17%

+7.46%

+68.51%

+47.81%

-2.41%

+36.59%

Regulatory Testing '26: Testing, Inspection, Certification

SGSN.SW, ULS, BVI.PA, ALQ.AU, APPS.MC, TIC +3

+0.34%

-0.57%

-3.25%

-2.62%

+4.54%

-7.31%

+2.54%

+15.68%

+31.47%

+39.04%

-5.79%

+22.74%

Passenger Transports '26: Global Airline Majors

DAL, UAL, RYA.IR, 600029.SHG, LHA.XETRA, 600115.SHG +4

+1.46%

+0.52%

-3.28%

-1.74%

+0.31%

+24.48%

+1.81%

+25.49%

+91.48%

+35.32%

+2.82%

+59.17%

Grocers '26: Indian Grocers

DMART.NS, TRENT.NS, VMM.NS, V2RETAIL.NS, HERITGFOOD.NS, SPENCERS.NS +2

0.00%

+0.23%

-3.29%

-3.21%

-1.52%

-16.55%

-33.40%

-39.73%

-38.43%

+25.81%

-18.59%

-39.40%

AI '25: Chip Back-End, Packaging & Design

CDNS, ASX, SNPS, BESI.AS, AMKR, FORM +2

-0.90%

+6.42%

-3.32%

-5.25%

-1.91%

+13.55%

+65.62%

+119.82%

+72.71%

+188.75%

+32.05%

+169.20%

Cycle Short '24: Machinery & Engines

DE, CMI, PCAR, WAB, DTG.XETRA, FTAI +1

+0.13%

+0.70%

-3.33%

+3.12%

-0.08%

-2.51%

-20.38%

-36.37%

-79.08%

-102.20%

+5.41%

-52.48%

Space Supply Chain '26: Aerospace Composites, Materials & Alloys

HWM, CSTM, ATI, CRS, HXL, SYENS.BR +8

+0.18%

+0.55%

-3.34%

-2.93%

+4.60%

+21.22%

+37.71%

+77.51%

+148.38%

+584.67%

+11.59%

+137.98%

AI '26: Neoclouds

APLD, NVDA, DELL, VRT, NBIS, CRWV +5

+0.25%

+1.56%

-3.34%

+1.15%

+1.74%

-7.04%

+93.68%

+228.67%

+499.46%

+1340.21%

+76.14%

+452.10%

Shipbuilding '26: Shipbuilding Components & Equipment

ESE, FERG, ALFA.ST, PAL.VI, ABBN.SW, HWM +8

-0.00%

+1.14%

-3.38%

-1.82%

+6.39%

+1.54%

+24.87%

+53.24%

+111.46%

+243.50%

+3.78%

+92.66%

Cycle Long '24: Upscale Office REIT

VNO, KRC, SLG

-0.78%

-0.08%

-3.39%

-5.63%

+2.28%

+18.68%

+7.02%

-7.30%

+16.46%

-27.92%

+31.95%

-1.26%

Music '26: Mgmt, Publishing Labels & Catalogs

UMG.AS, 352820.KS, BLV.PA, RSVR, ILLR, SONG.LSE +4

+0.40%

-1.12%

-3.41%

+2.08%

-2.60%

-18.40%

+29.39%

+11.90%

+10.89%

-24.85%

-2.78%

+27.35%

Data Centers '25: Electrical & Grid Infra

SIE.XETRA, ABBN.SW, SU.PA, ETN, ENR.XETRA, 6501.T +8

+0.03%

+1.32%

-3.41%

-2.48%

+1.31%

-4.08%

+36.15%

+65.71%

+151.79%

+186.39%

+9.74%

+119.21%

Data Centers '25: Mechanical & Services

PWR, EMR, FIX, EME, ITT, CECO +1

-0.79%

+3.30%

-3.43%

-1.39%

+8.94%

-6.11%

+35.22%

+72.25%

+160.70%

+267.69%

+10.66%

+129.02%

Fiscal Spend '25: Reshoring Metals & Alloys

NUE, CRS, ATI, AA, CLF, ARLP +3

+0.65%

-0.53%

-3.46%

+0.80%

+2.27%

+8.35%

+18.28%

+52.36%

+57.38%

+158.23%

+8.62%

+81.22%

Shipbuilding '26: Shipyard Equipment & Tech

KCR.HE, DSY.PA, ROK, HII, TER, KALMAR.HE +4

-0.11%

+1.41%

-3.47%

-2.36%

-0.58%

-7.59%

+9.22%

+42.83%

+88.70%

+2050.39%

+1.05%

+87.69%

Fiscal Spend '25: Grid Modernization & Infra

GEV, ETN, SU.PA, PWR, SIE.XETRA, ITRI +13

+0.44%

+1.64%

-3.47%

-2.05%

+6.61%

-2.12%

+36.68%

+57.37%

+127.13%

+170.25%

+13.01%

+117.27%

Drones '25: Ag Drones

DE, TRMB, CNH, AGCO, TDY, PL +5

+0.47%

-0.39%

-3.48%

-3.56%

-4.52%

-0.35%

+8.27%

+9.00%

+51.81%

+34.61%

-9.08%

+31.20%

Grocers '26: African Grocers

SHP.JO, WHL.JO, BOX.JO, PIK.JO, SPP.JO, CHP.JO +1

0.00%

-0.61%

-3.49%

-2.14%

-0.94%

+2.20%

-31.66%

-12.35%

+7.75%

+9.01%

-9.01%

-3.87%

TrumpPolicy PreElection Short '24: Nearshoring

DE, CX, CNH, OMAB, VTMX, EWW

+0.11%

-0.09%

-3.51%

+2.61%

+4.01%

-9.50%

-12.08%

-16.60%

-46.43%

-47.54%

+7.64%

-41.30%

Shoes '26: Indian Footwear

BATAINDIA.NS, RELAXO.NS, METROBRAND.NS, CAMPUS.NS, REDTAPE.NS, LIBERTSHOE.NS +3

0.00%

+0.44%

-3.51%

-1.69%

-2.13%

-23.19%

-18.22%

-35.11%

-46.03%

+144.31%

-5.93%

-28.54%

Video Games '25: Video Game Adjacent Products

LOGI, GME, 300467.SHE, CRSR, HUYA, TBCH +5

+0.54%

+0.94%

-3.58%

-1.88%

+2.54%

-0.61%

-5.98%

-19.43%

-12.85%

-49.15%

-1.32%

+9.83%

Passenger Transports '26: AusAsian Airlines

QAN.AU, INDIGO.NS, C6L.SI, VJC.VN, 600029.SHG, 600115.SHG +16

+0.55%

-1.29%

-3.59%

+0.81%

-0.08%

+6.41%

-7.15%

-4.48%

+7.34%

+0.13%

-11.83%

+3.28%

Rare Earths '25: Advanced Miners

LYC.AU, MP, BRE.AU, NB, IDR, ARU.AU +2

-0.48%

-0.64%

-3.60%

-7.02%

+1.49%

-9.64%

+4.37%

+92.53%

+266.87%

+129.01%

-12.62%

+178.06%

Toys & Hobbies '25: Board Games

HAS, MAT, ASMDEE-B.ST, 2660.HK, GAW.LSE, 1792.HK

+0.47%

-0.18%

-3.60%

-2.47%

-0.53%

-14.40%

+3.68%

+18.51%

+37.16%

-0.60%

-7.40%

+35.73%

City-Specific Businesses '26: NYC Business

SLG, ESRT, SEG, VNO, ALX, CLPR +6

-0.81%

-0.27%

-3.60%

-3.95%

-0.51%

+10.55%

+12.96%

+2.38%

+18.74%

+10.40%

+14.22%

+11.41%

Luxury '26: Luxury Travel

MAR, HLT, VIK, HST, WYNN, DUFRY +8

+0.11%

+0.85%

-3.63%

-2.57%

-1.35%

+9.33%

+12.96%

+22.69%

+42.31%

+121.51%

+11.14%

+48.99%

Space Supply Chain '26: Space Launch & Orbital Logistics

SPCK, FLY, RKLB, AVIO.MI, VOYG, NOC +3

-0.01%

-0.76%

-3.65%

-5.32%

+2.70%

-14.12%

+23.84%

+14.78%

+93.13%

-88.63%

+15.67%

+41.08%

Buying a House '26: DIY Tools

ITW, FAST, 0669.HK, SNA, SWK, 6586.T +5

+0.37%

+0.13%

-3.65%

-2.51%

-3.90%

+3.33%

+10.46%

+12.56%

+18.67%

+8.25%

-4.01%

+14.96%

Data Centers '25: Heat Exchange & Fluid Systems

DOV, ALFA.ST, MOD, FELE

-0.55%

+1.38%

-3.67%

-2.73%

+1.90%

-5.06%

+27.38%

+48.80%

+55.78%

+83.99%

+1.24%

+56.70%

Asian Restaurants '26: Middle East Locations

6015.SR, 6002.SR, 6012.SR, ABRAAJ.BH, FAMILY.BH

+0.33%

+1.70%

-3.76%

-6.53%

-0.39%

+9.72%

-10.96%

-35.14%

-55.31%

-39.57%

-6.53%

-38.71%

World Cup '26: Overflow Lodging & Flights

ABNB, DAL, UAL, WH, CHH

+1.18%

+2.75%

-3.79%

-1.47%

-0.53%

+21.24%

+17.86%

+16.19%

+49.33%

+26.43%

+15.50%

+32.35%

Passenger Transports '26: Asia Pacific

QAN.AU, 9202.T, 9201.T, 003495.KO, VGN.AU, 020560.KO +5

+0.02%

-1.55%

-3.82%

+6.17%

+0.47%

+4.88%

-11.65%

-22.08%

-17.78%

-30.62%

-15.29%

-15.86%

Shipbuilding '26: Maritime Systems

KMAR.OL, WRT1V.HE, ABBN.SW, ALFA.ST, 443060.KO, RR.LSE +5

-0.07%

+0.47%

-3.83%

-2.43%

+2.07%

-6.14%

+11.72%

+40.85%

+126.54%

+243.86%

-4.73%

+82.81%

Virality '25: Viral Travel & Leisure

RYAAY, STZ, PSKY, GTX, SPHR, PRSU +3

+0.09%

+0.52%

-3.85%

-2.50%

+2.22%

+9.48%

+20.44%

+33.02%

+57.30%

-26.11%

+11.08%

+70.40%

Natural Disasters Long '24: Home Improvement & Building

HD, LOW, VMC, MLM, OC, BECN

+0.96%

+0.66%

-3.86%

-2.01%

+2.35%

+5.40%

+2.33%

-0.36%

+10.27%

+17.41%

-5.27%

+4.81%

Space Supply Chain '26: Space-Grade Chips & Electronics

MRAM, MRCY, MCHP, ADI, STM, HEI +10

-0.16%

+2.38%

-3.87%

-5.59%

+0.65%

-5.62%

+68.69%

+111.04%

+189.62%

+1859.69%

+38.01%

+181.08%

Atoms Bits Long '26: Tungsten & Superalloys

DPC, HWM, CRS, ATI, ACX.MC, KMT +1

+0.85%

+0.71%

-3.87%

-0.83%

+4.55%

+11.38%

+33.68%

+54.13%

+130.93%

+533.72%

+10.15%

+91.21%

AI '25: DC Power Infrastructure

GEV, SIE.XETRA, ENR.XETRA, CEG, BE, VST +7

-0.26%

+2.47%

-3.88%

-2.66%

+5.77%

-6.97%

+10.33%

+34.91%

+253.57%

+290.65%

+0.39%

+117.18%

Data Centers '26: Solid Oxide Fuel Systems

BE, CWR.LSE, 7011.T, 6971.T, 336260.KO, FCEL +4

-0.22%

+1.13%

-3.89%

-7.62%

+6.38%

-8.90%

+101.55%

+273.75%

+392.21%

+469.86%

+43.86%

+422.02%

Space Supply Chain '26: SpaceX Ecosystem

SPCK, 2313.TW, 6285.TW, 3491.TWO, RDW, VELO +12

+0.12%

+0.74%

-3.89%

-3.37%

+9.38%

-5.92%

+69.80%

+142.66%

+172.86%

+254.06%

+16.14%

+176.19%

Connectivity '24: Mission Critical Comms

MSI, HO.PA, VSAT, TSAT.TO, CMTL

-1.66%

-3.59%

-3.97%

-9.14%

-7.66%

-1.81%

+13.29%

+59.29%

+176.58%

+125.01%

-2.94%

+116.03%

Connectivity '24: Cables & Connectors

APH, TEL, PRYMY, NEX.PA

-0.17%

+1.60%

-3.99%

+7.72%

-0.12%

+19.56%

+30.70%

+72.16%

+110.89%

+235.44%

+22.12%

+128.93%

NatGas '25: Downstream

WRT1V.HE, EBCOY, EE, CECO, EFX.TO, PSIX +1

-0.16%

+0.84%

-4.02%

-2.75%

-2.45%

-6.27%

+28.93%

+82.41%

+262.09%

+229.46%

-5.39%

+154.85%

Space Supply Chain '26: Satellite Builders

SPCK, MDA.TO, RKLB, LMT, RDW, KTOS +10

-0.52%

-2.55%

-4.07%

-6.77%

-2.27%

+1.12%

+17.23%

+23.79%

+138.01%

+83.24%

+1.92%

+59.97%

Video & News '24: Video Streaming

NFLX, ROKU, TKO, RUM, WBTN, IQ +9

+0.50%

+0.84%

-4.11%

-3.78%

-8.20%

-18.41%

-15.94%

-33.48%

-16.09%

+23.35%

-15.49%

-11.03%

City-Specific Businesses '26: Vegas Business

RRR, VICI, MGM, WYNN, CZR, SPHR +7

+0.16%

-4.13%

-1.77%

+2.00%

+3.65%

+10.04%

+16.38%

+36.47%

+45.85%

+6.03%

+41.89%

Small Themes '26: Girlfriend Index

MC.PA, CFR.SW, KER.PA, RL, AS, 1913.HK +2

+0.05%

+1.02%

-4.15%

-0.94%

-2.22%

-4.73%

-5.00%

+23.47%

+60.91%

-11.29%

-3.57%

+50.76%

World Cup '26: Sport & Americana Suppliers

ADS.XETRA, DKS, BOOT, ASO, 6768.TW

+0.44%

+1.12%

-4.16%

-2.67%

+3.02%

+10.67%

-6.31%

-11.30%

+12.33%

-16.47%

-10.22%

+1.99%

Space Supply Chain '26: Space & Satellite Components & Subsystems

TDG, MOG-A, HON, RBC, APH, ARXS +12

+0.21%

+0.31%

-4.17%

-3.82%

+3.11%

+3.15%

+27.08%

+41.74%

+114.48%

+54.47%

+9.52%

+75.42%

Homebuilding '26: Raw Homebuilding Materials

VMC, MLM, AMRZ, WY, WFG, CRH +12

+0.52%

+0.75%

-4.17%

-1.98%

-0.41%

-5.00%

+0.69%

+1.40%

+10.94%

+66.18%

-7.23%

+3.51%

Recreation '24: Recreational Boats

BC, DOO.TO, SL.MI, 9638.HK, YACHT.MI, HZO +11

+0.33%

+0.79%

-4.20%

-1.23%

+0.80%

-0.79%

-3.34%

-5.50%

-8.36%

-19.76%

-8.25%

+13.34%

H20 '24: Water Treatment & Chemicals

ECL, VEOEY, 6370.T, KEMIRA.HE, 6254.T, ARQ

+0.24%

+1.29%

-4.24%

-3.81%

-2.61%

+8.91%

+14.99%

+13.49%

+14.24%

+29.17%

-2.90%

+28.50%

AI '26: Japan AI Supply Chain

6857.T, 4063.T, 6971.T, 5801.T, 5333.T, 7911.T +2

0.00%

+1.73%

-4.28%

-6.28%

+3.51%

+1.94%

+75.38%

+126.61%

+160.05%

+140.18%

+20.29%

+155.83%

Fiscal Spend '24: Power Producer

VST, PEG, NRG, FORTUM.HE, CORZ

+0.32%

+0.82%

-4.30%

+1.16%

-4.96%

+1.79%

+12.19%

+17.07%

+93.97%

+153.28%

+0.27%

+60.51%

BS Jobs '26: Call Center Sprawl

CHTR, VZ, T, COF, CMCSA, BKNG +5

+0.17%

+1.20%

-4.30%

-2.23%

+0.55%

+0.93%

-8.39%

-15.39%

+15.39%

+7.65%

-9.51%

-6.96%

Grocers '26: Middle Eastern Grocers

BIMAS.IS, SAE.TA, MGROS.IS, 2050.SR, YHNF.TA, 4161.SR +5

-0.49%

-0.61%

-4.34%

-5.03%

+1.96%

-5.17%

-0.92%

-2.23%

+6.91%

-40.22%

-6.45%

+5.95%

Rare Earths '25: Upstream Exploration & Mining Dev

PPTA.TO, NDM.TO, UURAF, REEMF, AREC, MOLY.NEO +2

—

+2.60%

-4.40%

+3.48%

-0.89%

-28.53%

-0.47%

+111.91%

+574.45%

+154.67%

-20.81%

+243.01%

Regional Homebuilders '25: Western Homebuilders

TPH, TMHC, KBH, MTH, DHI, LEN +2

+0.99%

+0.33%

-4.46%

-1.91%

+3.64%

-3.67%

+20.19%

+13.23%

+7.03%

+66.00%

-1.22%

+17.85%

Data Centers '25: Chemicals & Industrial Products

RPM, CENX, ORBIA.MX, ROCK

+0.08%

+0.70%

-4.50%

-2.37%

+8.40%

-5.94%

+13.71%

+35.11%

+28.16%

+24.01%

-3.06%

+38.89%

Buying a House '26: Furniture

WSM, W, RH, BOBS, ARHS, HVT +2

-0.81%

+2.76%

-4.54%

-4.02%

+2.75%

+19.85%

-27.69%

-17.94%

-15.17%

-45.20%

-23.87%

-6.64%

AI '26: Integrated Device Manufacturers

MU, 000660.KO, INTC, TXN, IFX.XETRA, RNECY +1

-1.19%

+3.91%

-4.60%

-3.09%

+11.53%

+27.53%

+159.57%

+248.17%

+247.27%

+394.83%

+97.25%

+352.45%

Supply Shock in MidEast Short '26: Aftermarket Aircraft Suppliers

TDG, HEI, WWD, SARO, VSEC, ATRO +1

+0.09%

+1.04%

-4.61%

+4.43%

-7.23%

-4.68%

-13.37%

-36.49%

-87.49%

-133.96%

+3.20%

-50.80%

Restaurants '26: Commercial Kitchen Suppliers

6459.T, EMR, ECL, ITW, CSL, PNR +6

-0.23%

+0.27%

-4.63%

-4.17%

+0.24%

+2.91%

+1.49%

+23.28%

+36.16%

-8.03%

+9.46%

Buying a House '26: Residential HVAC & Plumbing

6367.T, FERG, LII, WSO, PNR, WTS +7

-0.53%

+0.59%

-4.69%

-4.58%

+1.64%

-5.25%

+9.72%

+9.88%

+18.62%

-8.20%

-4.32%

+21.30%

AI '26: Power Components

MPWR, ON, IFX.XETRA, STM, NVTS, MCHP +10

-1.29%

+4.29%

-4.74%

-6.74%

-1.14%

+7.92%

+102.90%

+111.61%

+91.91%

+150.10%

+60.26%

+200.62%

Recreation '24: OTVs & Motorcycles

7012.T, PKTM.SW, 7272.T, DOO.TO, PII, HOG +8

+0.37%

-0.83%

-4.76%

-2.48%

+6.82%

-10.06%

-11.35%

-6.49%

-16.67%

+52.60%

-5.63%

+3.99%

Airplanes '26: MROs

FTAI, AIR, TGI, VSEC, MTX.XETRA, RR.LSE +1

+0.34%

+2.90%

-4.82%

-5.15%

+4.37%

-1.43%

+24.63%

+61.69%

+147.42%

+548.84%

-2.99%

+83.82%

AI '24: Electronic Components

APH, GLW, 6981.T, 002475.SHE, TEL, 2382.TW +12

-0.12%

+0.78%

-4.85%

-7.17%

-1.12%

+21.24%

+40.86%

+72.50%

+77.71%

+159.37%

+28.24%

+97.20%

Fiscal Spend '24: Timber

WY, LPX, WFG, PCH, BCC, CFP.TO +1

-0.07%

+1.03%

-4.91%

-3.22%

+0.09%

-2.12%

+7.18%

-12.34%

-9.03%

-16.70%

-2.89%

-16.05%

MegaTech '25: Nvidia GPU Complex

NVDA, TSM, 000660.KO, MU, 2317.TW, 2382.TW +17

-0.35%

+1.60%

-4.94%

-1.85%

+1.39%

+9.97%

+87.31%

+175.05%

+262.83%

+1137.19%

+54.44%

+308.67%

Data Centers '25: Equipment & Rentals

CAT, DE, URI, 6301.T, SWK, CNH +8

+0.23%

+0.14%

-4.95%

-2.57%

+6.17%

+6.68%

+16.50%

+9.58%

+33.99%

+127.08%

-3.30%

+27.47%

Recreation '24: Casinos

LVS, VICI, GXYEF, MGM, WYNN, BYD +19

+0.20%

+0.23%

-4.99%

-2.71%

-1.70%

-5.07%

-2.70%

-3.10%

+10.44%

-17.66%

-4.13%

+12.90%

H20 '24: Sanitary & Plumbing

GEBN.SW, ZWS, HLMA.LSE

-1.19%

+0.42%

-4.99%

-5.97%

-1.12%

-13.90%

-5.50%

+4.06%

+39.07%

-2.04%

-15.77%

+28.13%

Space Supply Chain '26: Satellite Downstream Data & Apps

PLTR, TMUS, VZ, DIS, ASTS, SIRI +6

+0.37%

-0.83%

-4.99%

-5.56%

+1.50%

-7.49%

+38.69%

+70.76%

+308.12%

+42.33%

+20.42%

+144.49%

Passenger Transports '26: Chinese Airlines

C6L.SI, 601111.SHG, 600029.SHG, 600115.SHG, 0753.HK, 0293.HK +4

+1.22%

-2.08%

-5.02%

-3.45%

+0.12%

-0.54%

-17.41%

-5.05%

+16.54%

-3.89%

-17.30%

+3.05%

Natural Disasters Short '24: Disrupted Travel

MAR, RCL, CCL, H, NCLH, BYD +3

+0.51%

+2.49%

-5.02%

+2.00%

+0.16%

-5.84%

-10.54%

-2.05%

-34.58%

-62.62%

-2.57%

-24.98%

Fiscal Spend '25: HVAC

VRT, TT, JCI, FIX, FERG, LII +4

+0.76%

+1.78%

-5.03%

-2.92%

+0.96%

-1.93%

+39.50%

+50.63%

+102.88%

+232.99%

+6.32%

+91.35%

Buying a House '24: Backyard Upgrade

DE, CRH, AZEK, POOL, FBIN, TREX +15

+0.48%

+0.38%

-5.04%

-4.19%

-2.90%

+5.94%

+11.24%

-5.20%

+2.66%

+19.23%

+8.07%

+1.79%

Small Themes '24: Industrial/Logistics

IESC, ACLS, TPC, AVNT, PHIN, DXPE +7

+0.41%

+1.64%

-5.06%

-4.41%

-2.06%

-0.39%

+47.10%

+53.84%

+68.33%

+171.25%

+28.05%

+95.77%

Capital Asset Leasing '26: Short Cycle Leasing

URI, SUNB, R, HRI, WSC, EQPT +7

+0.09%

+1.48%

-5.06%

-2.58%

+10.92%

+5.14%

+27.80%

+20.54%

+38.77%

+64.15%

+14.27%

+32.65%

Regional Homebuilders '25: Southeast Homebuilders

LEN, DFH, DHI, PHM, SDHC, UHG +5

+0.84%

+0.26%

-5.08%

-1.71%

+2.42%

-2.39%

+3.66%

-8.85%

-6.01%

+69.91%

-4.70%

+0.72%

H20 '24: Water Infra & Transmission

XYL, TPL, SBS, WMS, CNM, MWA +3

+0.25%

+0.17%

-5.09%

-2.57%

-5.15%

-0.41%

+30.30%

+33.93%

+68.51%

+72.29%

-0.49%

+35.39%

AI '25: Data Center Interconnects

AVGO, ANET, ALAB, CIEN, LITE, COHR +7

-1.52%

+3.64%

-5.17%

-4.37%

-11.91%

+0.83%

+104.17%

+282.86%

+616.38%

+866.78%

+57.88%

+473.41%

Drones '26: Flight Hardware & Propulsion

APH, TEL, UMAC, HEI, 5334.T, VICR +3

-0.21%

+2.33%

-5.18%

-7.37%

+1.72%

+6.17%

+43.61%

+96.96%

+280.22%

+120.47%

+29.92%

+136.20%

Atoms Bits Long '26: Aluminum, Beryllium & Titanium

NHY.OL, 2600.HK, 8869.KLSE, AA, MTRN, CENX +6

+0.18%

+0.31%

-5.23%

-3.02%

-2.18%

-18.38%

+22.36%

+83.54%

+99.61%

+130.24%

-5.85%

+118.59%

NatGas '25: Power Gen Equip

GEV, ENR.XETRA, 2338.HK, WWD, GNRC, AGX +2

-0.62%

+0.50%

-5.24%

-6.47%

+9.44%

-8.46%

+78.36%

+123.59%

+317.47%

+387.58%

+15.44%

+186.42%

AI '24: IC and Components

AVGO, QCOM, WDC, 2454.TW, ADI, SNPS +14

-1.07%

+3.07%

-5.29%

-5.90%

-7.37%

+2.60%

+60.87%

+91.94%

+113.98%

+425.82%

+37.20%

+153.67%

Buying a House '26: Paint, Flooring & Other Quick Remodels

SHW, PPG, RPM, MHK, FND, IBP +1

+0.31%

+1.79%

-5.30%

-5.40%

-3.52%

+5.81%

+3.15%

+1.53%

+13.44%

-6.23%

-10.99%

+6.62%

Retail Shopping '26: South Korean Retail

004170.KO, 069960.KS, 278470.KO, 023530.KO, 090430.KO, 139480.KO +4

0.00%

-2.77%

-5.36%

+7.60%

+3.45%

-1.05%

+62.46%

+73.54%

+156.44%

+7.05%

+22.40%

+146.01%

Restaurants '26: Fast Casual

CMG, CAVA, GYG.AU, SG, KRUS, PBPB +5

-0.07%

+0.48%

-5.36%

-7.57%

+2.48%

+0.29%

+23.10%

-17.79%

+12.19%

+4.08%

+12.63%

-19.29%

Space Supply Chain '26: Lunar Infrastructure

LUNR, LMT, BA, BWXT, MDA.TO, RDW +6

-0.67%

-0.12%

-5.36%

-5.67%

-1.66%

+3.62%

+35.78%

+52.73%

+190.37%

-0.51%

+12.26%

+103.39%

AI '25: Semis & Memory

2330.TW, MU, 000660.KO, KXIAY, TSEM, RMBS +6

—

+4.40%

-5.38%

+1.24%

+5.10%

+21.43%

+172.02%

+350.89%

+366.74%

+491.11%

+95.07%

+470.19%

AI '26: CPUs

AMD, INTC, TSM, AVGO, ARM, MU +10

-1.04%

+3.96%

-5.39%

-4.45%

+1.89%

+15.39%

+116.12%

+194.60%

+178.96%

+345.02%

+83.80%

+285.47%

Oversupply Risk '26: Lithium

RIO.AU, SQM, ALB, 1772.HK, 9696.HK, ELV.AU

-1.10%

-1.76%

-5.44%

-8.42%

+0.39%

-8.29%

-1.86%

+89.20%

+114.64%

+60.01%

-15.57%

+105.58%

Edge AI Long '24: Device Power

6762.T, 6976.T, 6121.TWO, 000049.SHE

-0.17%

-1.08%

-5.50%

-11.16%

-2.29%

+42.49%

+70.25%

+102.98%

+71.79%

+140.66%

+55.78%

+113.45%

High Tax Refund '26: Recreation & Experiences

LYV, TKO, DOO, YETI, ASO, FUN +3

+0.29%

+1.17%

-5.53%

-3.70%

+4.63%

+5.84%

+2.87%

-11.21%

-9.98%

+33.27%

-1.82%

+1.24%

AI Power '26: Wide Bandgap & Discrete Power

IFX.XETRA, ON, WOLF, POWI, 6963.T, NVTS +8

-1.05%

+3.92%

-5.55%

-7.19%

+11.99%

+9.00%

+106.19%

+105.92%

+89.83%

+86.68%

+68.39%

+181.61%

Homebuilding '26: Modular & Manufactured Housing

SKY, CVCO, WSC, LEGH, NOBH, ELS +6

+0.01%

+2.01%

-5.62%

-2.82%

+1.45%

-3.50%

+19.88%

+20.67%

+30.95%

+94.37%

+9.13%

+13.12%

Data Centers '25: Contractors, Modular & Precast

FLR, WSC, MGRC, FRTA

-1.06%

+1.23%

-5.65%

-3.63%

-2.21%

+4.57%

+19.25%

-2.82%

+4.18%

+38.33%

+5.29%

+10.41%

AI '25: Active Components

IFX.XETRA, NXPI, 6723.T, MCHP, ON, POWI +8

-0.77%

+4.42%

-5.72%

-6.25%

+5.95%

+17.16%

+119.89%

+109.03%

+93.80%

+100.26%

+78.07%

+182.78%

Thematic Momo Short '25: Web & Digital Monetization

RDDT, SQSP, WIX, OPRA, TRIP, GETY +1

+0.42%

-0.17%

-5.88%

+1.55%

-7.71%

-18.39%

+19.84%

+25.54%

+17.29%

-15.17%

-0.88%

+14.29%

EU Chips Act '26: Equipment & Upstream Materials

ASML, BESI.AS, CANATU.HE, ASM.AS, SMHN.XETRA, AIXA.XETRA +6

-1.31%

+4.80%

-5.96%

-7.89%

-5.09%

+23.54%

+92.57%

+94.30%

+64.40%

+128.67%

+40.73%

+143.16%

AI '24: Manf & Foundries

NVDA, TSM, 2330.TW, 005930.KO, MU, 000660.KO +5

-0.43%

+1.80%

-6.01%

-1.81%

+2.11%

+12.15%

+125.06%

+232.16%

+245.91%

+505.85%

+70.10%

+332.37%

Buying a House '26: Doors & Windows

ALLE, OC, GFF, PGTI, TGLS, NX +1

-0.81%

+1.44%

-6.03%

-6.82%

-4.45%

+5.34%

-3.14%

-21.20%

-21.30%

+17.06%

-7.11%

-18.81%

Fiscal Spend '24: Industrial Manufacturing

INTC, SIE.XETRA, ETN, FLEX, KNEBV, FSS +6

+0.44%

+1.17%

-6.04%

-4.79%

+17.35%

+16.51%

+26.75%

+33.55%

+72.16%

+120.70%

+17.20%

+74.26%

NatGas '25: Engineering & Construction

PWR, MTZ, NKT.CO, ECG, FLR, TE.PA +2

-0.06%

+0.72%

-6.07%

-2.14%

+12.06%

-4.42%

+34.95%

+63.61%

+138.19%

+407.43%

+4.42%

+131.35%

AI '26: Light & Copper Connectivity

AVGO, ANET, APH, GLW, 4063.T, ALAB +8

-1.00%

+4.63%

-6.09%

-4.73%

-9.95%

+3.65%

+129.99%

+205.50%

+343.70%

+591.82%

+73.76%

+346.95%

Modern Warfare '26: Defense Power, Batteries & Thermal Mgmt

ENS, KULR, ULBI, DRS, AMPX, TTE.PA +4

+0.16%

+1.92%

-6.29%

-5.89%

+0.56%

-9.51%

+33.16%

+18.65%

+104.57%

+157.35%

+18.41%

+54.83%

Optical Connectivity '26: AI Optical Transceivers

AVGO, MRVL, 300308.SHE, 300502.SHE, LITE, COHR +2

-2.76%

+6.55%

-6.30%

-7.15%

-9.85%

-0.11%

+134.72%

+421.63%

+778.85%

+899.30%

+87.04%

+667.90%

Cycle Short '24: Vacation/Recreation

RCL, CCL, BC, TNL, DOO, HGV +10

+0.29%

+0.91%

-6.30%

+1.45%

-1.77%

-3.96%

-6.80%

-2.22%

-6.85%

-24.24%

-4.41%

-35.51%

Space Supply Chain '26: Aerospace Actuators, Thrust & Fluid Control

MOG-A, HON, RKLB, RDW, WWD, MDA.TO +4

-0.20%

-0.47%

-6.49%

-6.48%

+3.87%

+2.57%

+53.60%

+66.08%

+246.74%

-0.75%

+19.92%

+132.30%

HaveNots Longs '25: Accessible Recreation

BYD, PII, RRR, VAC, HOG, FUN +3

+1.15%

+1.16%

-6.52%

-2.43%

+3.54%

+6.83%

+8.05%

-17.48%

-23.42%

-40.11%

+10.12%

+0.06%

AI '26: Photonics

AVGO, INTC, CIEN, STM, LITE, COHR +16

-0.95%

+3.64%

-6.54%

-4.81%

-3.67%

+2.68%

+116.25%

+206.28%

+412.72%

+428.05%

+50.66%

+337.25%

Casinos '24: Western Casinos

MGM, WYNN, BYD, CZR, CHDN, BAIN.PA +14

+0.42%

-0.06%

-6.56%

-3.67%

+0.54%

+6.23%

+4.67%

-0.23%

+14.21%

-31.43%

+2.28%

+17.87%

Data Centers '25: NatGas & Midstream

FRMI, WMB, KMI, EQT, ATO, SEI +2

+0.59%

-0.48%

-6.56%

-3.11%

+0.25%

-3.42%

+10.83%

-1.13%

+55.47%

+157.78%

-3.95%

+2.87%

Homebuilding '26: Homebuilders

DHI, PHM, LEN, NVR, TOL, TMHC +14

+0.20%

+1.10%

-6.64%

-3.14%

+2.50%

+0.19%

+13.72%

+7.37%

+8.03%

+79.89%

-1.14%

+10.97%

MegaTech '25: Google TPU Complex

GOOG, TSM, AVGO, MU, 000660.KO, APH +18

-0.40%

+3.02%

-6.71%

-7.06%

+2.18%

+7.56%

+91.36%

+263.34%

+409.04%

+1140.62%

+47.09%

+427.55%

Atoms Bits Long '26: Construction & Mining Equipment

CAT, DE, 6301.T, CNH, OSK, AGCO +3

+0.79%

-0.30%

-6.72%

-2.52%

+4.70%

+6.17%

+23.56%

+20.70%

+55.02%

+136.22%

-8.57%

+49.08%

Capital Asset Leasing '26: Construction Equipment & Modular Infra

URI, HRI, EQPT, 9678.T, ALTG, VP.LSE

+1.86%

+0.17%

-6.73%

-1.50%

+19.78%

+7.91%

+13.55%

+5.19%

+28.44%

+134.21%

+1.58%

+30.13%

Optical Connectivity '26: Silicon Photonics & Optical Engines

INTC, NOK, STM, GFS, TSEM, HIMX +1

-1.16%

+4.15%

-6.76%

-5.23%

+22.44%

+28.47%

+134.78%

+187.13%

+247.13%

+126.44%

+103.81%

+267.55%

Thematic Momo Short '25: AI Compute

ARM, SMCI, VICR, AWE.LSE

+0.35%

+3.81%

-6.78%

+4.74%

-3.74%

-47.42%

-83.47%

-90.70%

-101.32%

-467.28%

-45.24%

-132.55%

AI '26: Downstream AI Materials

ASX, 009150.KO, 2383.TW, 002916.SHE, 3037.TW, CLS +17

-0.90%

+1.80%

-6.91%

-9.15%

+0.89%

+26.69%

+154.96%

+375.51%

+587.50%

+730.67%

+65.65%

+637.90%

Data Centers '25: Structural & Envelope Systems

KRX.IR, CSL, OC, MHK, AWI, TILE

-0.64%

+1.94%

-6.93%

-6.22%

+1.87%

-2.13%

+5.16%

+2.68%

+19.38%

+10.91%

-5.10%

+11.67%

AI '25: Chip Mfg & Tooling

ASML, AMAT, LRCX, KLAC, 2513.HK, CDNS +16

-1.75%

+6.26%

-7.01%

-8.22%

-2.76%

+26.37%

+115.79%

+190.74%

+150.14%

+230.69%

+47.62%

+275.60%

AI Power '26: Power Ecosystem & Enablers

AIXA.XETRA, 6971.T, LFUS, MXL, ACLS, PWR +6

-0.72%

+4.57%

-7.07%

-8.33%

+9.19%

-5.73%

+116.10%

+146.60%

+137.53%

+611.09%

+64.49%

+227.37%

Homebuilding '26: Building Products & Home Envelope

OC, JHX, KRX.IR, CSL, LPX, SGO.PA +10

+0.25%

+1.03%

-7.10%

-5.39%

+0.57%

-2.25%

+1.49%

-15.77%

-12.76%

+16.14%

-6.86%

-9.47%

MegaTech '26: Micron Complex

MU, ASML, AMAT, LRCX, KLAC, ASX +6

-0.66%

+5.60%

-7.13%

-7.62%

+3.12%

+12.80%

+122.29%

+246.76%

+171.73%

+354.61%

+58.63%

+333.38%

Recreation '24: Cruises

RCL, VIK, CCL, NCLH, TUI1.XETRA, LIND

+0.13%

+3.30%

-7.14%

-3.25%

+1.27%

+9.31%

+10.99%

+17.74%

+90.11%

+78.25%

+0.28%

+64.20%

Memory '26: HBM Inspection, Packaging & Bonding

AMAT, ASX, BESI.AS, AMKR, ONTO, CAMT +3

-0.08%

+6.12%

-7.24%

-6.82%

+0.45%

+30.05%

+88.68%

+141.52%

+86.47%

+261.62%

+36.35%

+197.34%

AI '26: Pure Play Foundries

0981.HK, TSM, UMC, 1347.HK, GFS, TSEM +4

-1.45%

+3.04%

-7.37%

-6.43%

-3.53%

+22.01%

+100.11%

+201.71%

+284.29%

+268.00%

+52.21%

+280.39%

NatGas '25: Equip & Services

CAT, BKR, WRT1V.HE, 6361.T, GTLS, KGS +9

+0.26%

-0.93%

-7.43%

-4.72%

+8.31%

+1.99%

+53.35%

+119.19%

+186.09%

+258.25%

+10.53%

+132.37%

Humanoid '26: Slop Bowl Automation

6954.T, ROK, CMG, FANUY, CAVA, MIDD +2

+0.13%

+1.25%

-7.49%

-9.30%

+6.51%

+1.63%

+0.91%

-3.56%

-2.98%

+24.07%

-2.91%

-6.40%

Fiscal Spend '25: AI Action Plan

FIX, NVT, IESC, AEIS, PAM, SXI +10

+0.69%

+1.72%

-7.50%

-4.77%

+1.74%

+1.10%

+37.64%

+79.72%

+177.64%

+478.64%

+14.36%

+128.08%

AI '26: Upstream AI Materials

GLW, MMM, 4063.T, 7741.T, HEN3.XETRA, Q +26

-0.53%

+0.03%

-7.51%

-6.51%

-2.07%

+9.75%

+48.75%

+81.56%

+78.89%

+48.01%

+5.63%

+100.97%

Buying a House '26: Home Improvement Retailers

HD, LOW, TSCO, BECN, FND, SITE +3

+0.54%

-0.05%

-7.51%

-6.45%

+1.94%

+5.48%

+8.97%

-17.73%

-24.68%

+7.54%

+4.74%

-18.83%

Oversupply Risk '26: High PTSD Scores

005930.KO, 000660.KO, GEV, APH, STX, WDC +3

-0.28%

+2.09%

-7.56%

-1.86%

+2.04%

+36.57%

+105.28%

+242.18%

+544.29%

+446.52%

+46.06%

+411.05%

Memory '26: CXL / Memory Expansion

ALAB, 000660.KO, MRVL, 005930.KO, RMBS, MU +7

-1.06%

+5.00%

-7.60%

-3.41%

+6.57%

+28.53%

+163.60%

+319.40%

+407.35%

+275.95%

+128.04%

+455.56%

Small Themes '25: Mobile Power Generation

CAT, CMI, GNRC, HRI, WSC, FLNC +4

-0.14%

+1.16%

-7.60%

-5.27%

+10.18%

+3.03%

+32.73%

+60.93%

+108.84%

+200.46%

+11.18%

+103.15%

Connectivity '24: Network Measure & Delivery

KEYS, VIAV, HLIT, CCOI, SPIR

-0.37%

+2.18%

-7.61%

-9.68%

+3.53%

-8.63%

+62.56%

+56.32%

+88.22%

+108.45%

+28.65%

+64.19%

AI '26: Semi Yield Analytics & Software

AMAT, KLAC, TOELY, 2513.HK, CDNS, SNPS +3

-2.27%

+5.35%

-7.63%

-8.61%

-0.16%

+29.52%

+132.25%

+177.21%

+126.85%

+248.77%

+57.04%

+241.55%

Homebuilding '26: Home Improvement, Installers & Distribution

HD, LOW, BLDR, QXO, FERG, BLD +12

+0.54%

+0.63%

-7.83%

-4.87%

+0.84%

+3.25%

-2.11%

-10.12%

+1.39%

+66.83%

-14.92%

+0.42%

Cycle Short '25: Overbuilt Housing in SE

DHI, LEN, WSO, BLDR, MTH, GRBK +5

-0.09%

+0.40%

-7.84%

+4.62%

-0.68%

+5.41%

-5.55%

+10.70%

+10.06%

-26.87%

+5.32%

+7.28%

Fiscal Spend '25: Big Beautiful Bill Winners

ETN, HOT.XETRA, EQT, WWD, STRL, TTMI +11

+0.45%

-0.27%

-8.00%

-5.26%

+3.98%

-5.21%

+33.87%

+71.56%

+171.72%

+260.61%

+14.71%

+109.72%

Memory '26: Graphics & Mobile Memory

000660.KO, 005930.KO, MU, NVDA, AMD, RMBS +8

-0.44%

+3.57%

-8.01%

-1.78%

+3.62%

+12.55%

+154.51%

+327.10%

+353.64%

+826.65%

+91.71%

+473.28%

US Industrial Manf '26: Batteries

ENR.XETRA, BE, TLN, ENS, QS, FLNC +6

+0.20%

+2.54%

-8.02%

-8.59%

+6.80%

-13.65%

+9.06%

+90.48%

+368.96%

+285.28%

+8.42%

+237.00%

Memory '26: DRAM

MU, 000660.KO, 005930.KO, RMBS, 688008.SHG, 2408.TW +5

-0.50%

+5.90%

-8.03%

+0.04%

+4.61%

+29.16%

+169.71%

+510.48%

+502.17%

+276.53%

+89.49%

+652.40%

Edge AI Long '24: Device Components

GLW, 6981.T, 002241.SHE, 2018.HK, 3702.TW, 2474.TW

+0.56%

+2.65%

-8.07%

-7.99%

-2.14%

+42.24%

+52.91%

+75.80%

+85.97%

+162.10%

+31.41%

+81.66%

Optical Connectivity '26: Optical Infrastructure

APH, GLW, TEL, 5802.T, 5801.T, BDC +3

+0.44%

+0.99%

-8.08%

-5.01%

-1.31%

+2.43%

+56.10%

+141.37%

+356.92%

+287.56%

+3.97%

+223.04%

Furniture '26: Premium Furniture Retailers

WSM, RH, MLKN, ARHS, ETD, RBO.PA +2

+0.09%

-0.90%

-8.09%

-7.68%

+6.00%

+13.35%

-9.65%

-6.95%

-12.98%

+6.49%

-7.73%

-7.20%

Renewable Energy '26: Long-Duration Energy Storage

FLNC, GWH, BE, NRGV, EOSE, 6702.T +5

+0.31%

+2.64%

-8.09%

-6.38%

+4.68%

-8.64%

-13.15%

+45.95%

+56.43%

+264.78%

-5.74%

+72.06%

Data Centers '25: Electrical & Lighting Systems

HUBB, WCC, IESC, AYI, MYRG, ATKR

+0.26%

+2.57%

-8.34%

-3.92%

+5.91%

-3.34%

+34.80%

+53.56%

+94.12%

+201.99%

+20.56%

+107.77%

Humanoid '25: Power & Energy

300750.SHE, 002594.SHE, 6752.T, 6963.T, 6976.T, VSH +6

-0.48%

+3.70%

-8.38%

-11.18%

+2.93%

-5.40%

+149.14%

+179.57%

+170.07%

+65.87%

+82.12%

+241.54%

Regional Homebuilders '25: Texas Homebuilders

DHI, GRBK, LEN, LGIH, MTH, FOR +2

-1.07%

+1.21%

-8.48%

-6.27%

+3.53%

-4.24%

+9.69%

+2.68%

-6.98%

+40.93%

-4.91%

+5.40%

Regional Homebuilders '25: Mid-Atlantic & Northeast Homebuilders

NVR, TOL, PHM, LEN, MHO, HOV +2

+0.44%

+1.08%

-8.50%

-4.27%

+2.38%

-2.32%

+2.09%

-1.67%

+0.12%

+77.35%

-8.85%

+7.74%

AI '25: Wafer Processing

ASML, AMAT, LRCX, KLAC, TEL, ASM.AS +7

-0.58%

+4.24%

-8.59%

-8.23%

-2.92%

+28.39%

+90.07%

+149.09%

+114.88%

+224.31%

+32.90%

+224.41%

Data Centers '25: Energy Storage & Backup

TSLA, TTE, CMI, AME, 373220.KO, MTX.XETRA +5

+0.33%

+1.87%

-8.62%

-4.22%

-1.86%

+3.66%

+12.29%

+65.33%

+109.51%

+95.01%

+4.38%

+96.93%

Fiscal Spend '25: Data Centers

CAT, ENR.XETRA, 0100.HK, VIAV, AYI, CENER.AT +7

+0.09%

+0.71%

-8.88%

-6.19%

+7.33%

-0.38%

+23.74%

+94.78%

+233.96%

+84.37%

+7.04%

+155.74%

Data Centers '25: Optical & Fiber Systems

GLW, CIEN, LITE, COHR, PRYMY, INFN +1

-0.75%

+3.45%

-8.98%

+1.83%

-7.79%

+18.60%

+80.39%

+250.34%

+393.81%

+489.28%

+23.35%

+337.53%

Atoms Bits Long '26: Electronic Chemicals

ENTG, ESI, AKE.PA, 0189.HK, ORBIA.MX, OLN

-2.63%

+0.01%

-9.24%

-9.81%

-1.64%

-1.44%

+36.88%

+39.06%

+10.01%

+2.97%

+1.46%

+43.25%

Fiscal Spend '24: Wire and Cable

5803.T, CRDO, 5802.T, PRY.MI, WCC, 5801.T +6

+0.40%

+1.41%

-9.38%

-7.88%

+0.22%

-17.40%

+47.99%

+104.53%

+231.09%

+558.03%

+12.56%

+183.62%

Global Home Improvement '26: U.S. & Canada Home Improvement

HD, LOW, TSCO, FND, CENTA, LESL

+0.64%

-0.08%

-9.53%

-8.77%

+2.11%

+5.65%

+17.19%

-15.37%

-31.96%

-33.21%

+12.87%

-19.05%

Fiscal Spend '25: Electrification Hardware & Services

ETN, NVT, AEIS, POWL, PLPC, AMRC +2

-0.38%

+1.70%

-10.05%

-9.73%

+0.77%

-4.14%

+57.48%

+148.48%

+219.39%

+213.07%

+18.15%

+220.10%

Memory '26: NAND / Flash

SNDK, 005930.KO, 285A.T, MU, 5289.TWO, 8271.TW +5

-0.97%

+4.10%

-10.09%

-4.12%

+5.87%

+17.10%

+331.21%

+1166.58%

+1338.03%

+186.40%

+134.22%

+1387.91%

AI Power '26: Power Enclosures

VICR, 2301.TW, AEIS, LFUS, VSH, MRN.PA +2

+0.24%

+3.32%

-10.52%

-11.40%

+4.37%

+12.36%

+99.58%

+181.69%

+243.89%

+218.21%

+39.09%

+249.35%

Global Defense '26: Korean Warfare & Defense

012450.KO, 079550.KO, 047810.KO, 064350.KO, 272210.KO, 329180.KO +2

0.00%

-2.47%

-10.54%

+2.19%

-2.10%

-29.07%

+10.56%

+18.94%

+261.77%

+465.91%

-19.73%

+90.51%

AI '26: Memory & Packaging

005930.KO, MU, 000660.KO, SNDK, WDC, ASX +1

-1.10%

+5.54%

-10.65%

-3.62%

+5.04%

+29.89%

+253.66%

+770.22%

+766.04%

+543.19%

+113.63%

+1002.76%

Data Centers '25: Construction & Infrastructure Services

MTZ, STRL, CLH, DY, GVA, ROAD +3

+0.60%

-1.04%

-10.83%

-5.86%

+16.20%

-9.71%

+31.11%

+51.67%

+171.54%

+363.76%

+8.42%

+104.54%

Cycle Short '24: Semi Equip

ASML, AMAT, LRCX, KLAC, ASM.AS, ONTO

-0.89%

+4.67%

-10.90%

+9.30%

+2.83%

-29.80%

-95.66%

-70.50%

-107.95%

-242.12%

-42.78%

-231.65%

Optical Connectivity '26: Photonics Substrates & Materials

4063.T, COHR, 5802.T, SOI.PA, AXTI, IQE.LSE

-1.05%

+3.92%

-10.92%

-10.05%

+2.70%

-22.09%

+225.86%

+380.31%

+297.81%

+136.13%

+59.70%

+502.49%

Space Supply Chain '26: Surveillance Satellites

PL, MDA.TO, HAWK, BKSY, SATL

-0.78%

-1.58%

-11.04%

-10.55%

-11.17%

-11.51%

+57.54%

+69.27%

+442.27%

+136.14%

+21.98%

+168.67%

Memory '26: Enterprise SSD & Managed Storage

MU, 005930.KO, 000660.KO, 440110.KQ, WDC, STX +10

-0.55%

+3.77%

-11.10%

-2.15%

+4.52%

+32.71%

+256.13%

+790.14%

+917.02%

+248.13%

+124.62%

+1060.82%

AI '24: Semi Mfg Equip

AMAT, LRCX, KLAC, TOELY, TER, COHR +11

-0.87%

+5.07%

-11.52%

-10.04%

-0.37%

+28.92%

+103.48%

+176.06%

+129.60%

+293.60%

+31.24%

+277.06%

AI '26: Advanced Chip Packaging

INTC, AMAT, KLAC, SNPS, TER, BESI.AS +7

-0.88%

+4.44%

-11.63%

-11.50%

+7.53%

+27.67%

+88.37%

+171.12%

+105.71%

+181.90%

+39.92%

+223.67%

Fiscal Spend '24: Infra Construction

PWR, MTZ, STRL, ECG, ROAD, GVA +9

-0.45%

-0.25%

-11.81%

-7.00%

+16.35%

-9.75%

+48.82%

+82.50%

+212.74%

+273.28%

+13.20%

+176.07%

Memory '26: High Bandwidth Memory

000660.KO, 6857.T, ASX, TER, TPRO.MI, AMKR +7

-0.65%

+6.00%

-12.02%

-9.50%

+6.23%

+27.78%

+137.77%

+293.19%

+247.60%

+1448.34%

+66.65%

+424.91%

Optical Connectivity '26: Photonics Equipment

AMAT, KLAC, 8035.T, ASM.AS, AIXA.XETRA, VECO +1

-1.47%

+5.09%

-12.12%

-12.56%

+1.16%

+32.59%

+114.16%

+156.27%

+104.44%

+253.61%

+57.13%

+248.90%

AI '25: Passive Electr Components

6981.T, 009150.KO, 2327.TW, 6762.T, 6976.T, KN +7

-0.17%

+2.21%

-12.40%

-16.95%

+4.06%

+85.51%

+181.83%

+273.10%

+235.63%

+213.69%

+110.73%

+310.13%

Shipbuilding '26: East Asian Megayards

7011.T, 329180.KO, 042660.KO, 010140.KO

0.00%

-1.86%

-12.49%

-1.99%

-0.52%

-21.76%

-7.24%

+22.81%

+197.94%

+431.60%

-25.29%

+57.26%

Connectivity '24: Optical Components

GLW, CIEN, LITE, COHR, FN, AAOI +1

-0.82%

+4.80%

-13.19%

-9.67%

-9.96%

+5.61%

+99.41%

+270.21%

+515.55%

+536.55%

+25.37%

+422.60%

AI Power '26: Passive Components & Plumbing

6981.T, 2327.TW, 009150.KO, 6762.T, 6971.T, 6997.T +6

+0.01%

+1.85%

-14.16%

-19.51%

+4.25%

+87.00%

+220.57%

+373.70%

+304.84%

+183.14%

+135.90%

+396.80%

Memory '26: HBM Testing

ATEYY, TER, TPRO.MI, FORM, COHU, AEHR

-1.03%

+6.17%

-15.48%

-12.66%

-9.32%

+19.04%

+144.57%

+296.39%

+257.88%

+377.78%

+54.18%

+487.54%

AI '26: MLCCs

6981.T, 009150.KO, 6976.T, 6762.T, 2327.TW, 6971.T +3

0.00%

+2.07%

-15.52%

-20.62%

+4.29%

+86.96%

+270.94%

+462.96%

+341.10%

+176.81%

+162.70%

+465.31%

Memory '26: Korean Semis & Memory

005930.KO, 000660.KO, 009150.KO, 042700.KO, 011070.KO, 007660.KO +2

0.00%

+2.71%

-18.22%

-6.86%

-0.33%

+50.03%

+158.67%

+387.62%

+326.66%

+414.54%

+62.75%

+524.44%