ETF Growth HQ

ETFs betting on what's next 📈

[ETF Growth HQ @ETFGrowthHQ]

The largest position in the oil equipment ETF spent $3.4B on Monday to become a data center supplier 👇

SLB $SLB, the company formerly named Schlumberger, agreed to acquire Kelvion for about $3.4B in cash. Kelvion is a German maker of heat exchangers and thermal management equipment, owned by Triton, and SLB is pointing it at AI data centers.

Kelvion is private, so the asset being bought sits in no fund. The buyer sits very heavily in 1.

$IEZ: Invests in 35 US oil equipment and services companies at market cap weights. SLB $SLB and Baker Hughes $BKR are each near 22% of the fund, so roughly 45% of it is 2 companies, and TechnipFMC $FTI is a distant 3rd at 5.31%

0.37% expense ratio, $384.59M in assets, trading since May 2006.

Close to a quarter of a fund named for oilfield equipment now tracks a company buying heat exchangers for AI.

@iShares

[ETF Growth HQ @ETFGrowthHQ]

The hardest part of building a gas turbine is not the turbine, and 2 aerospace ETFs are shaped very differently around the company that does it 👇

Elon Musk said over the weekend that the limiting factor for natural gas turbine production is casting the blades and vanes, and that SpaceX $SPCX is building its own blade foundry in Bastrop, Texas, to pull gas turbine deployment forward by as much as 18 months. Howmet Aerospace $HWM, 1 of the few companies casting those parts at industrial scale, sold off on Monday. Bernstein told clients it sees little threat to Howmet from the plan.

Both funds below hold Howmet at a similar weight. Almost nothing else about them matches.

$ITA: Invests in 53 US aerospace and defense companies at market cap weights. GE Aerospace $GE is 21.48% and RTX $RTX is 17.15%, so 2 companies are more than a third of the fund, and Howmet $HWM sits 6th at 4.64%

$XAR: Invests in 48 US aerospace and defense companies at equal weights. Axon $AXON leads at 3.76%, Howmet $HWM is 10th at 2.92%, and the whole top 15 fits between 2.75% and 3.76%

1 casting company, roughly the same slice of each fund. $ITA puts more than a third of itself in 2 names. $XAR keeps its largest position under 4%.

@iShares @StateStreetETFs

[ETF Growth HQ @ETFGrowthHQ]

Rareview Capital filed to list the Rareview Humanoid Robotics ETF $HOID on Cboe BZX on August 31. It has not started trading, and it is entering a theme that already has 3 funds answering the same question 3 different ways 👇

$HOID will be actively managed, and its prospectus requires at least 80% of net assets in companies deriving at least 50% of revenue from humanoid robotics manufacturing or its critical enabling technology. 0.75% expense ratio.

$KOID: Invests in 58 companies at index weights. Allient $ALNT leads at 2.58%, Teradyne $TER is 3rd at 2.38% and Nvidia $NVDA is 10th at 2.24%. 0.69% expense ratio

$HUMN: Invests in 47 companies, actively managed. Ubtech Robotics leads at 5.07%, nearly double $KOID's top weight, with Tesla $TSLA 3rd at 4.16%

$BOTT: Invests in 42 companies at 0.35%, the cheapest of the 3. Rainbow Robotics leads at 5.38% and Teradyne $TER is 2nd at 5.08%

$HOID has not disclosed a single holding yet, because its 80% revenue test has not been run against a real portfolio. 3 existing funds already draw the line around "humanoid robotics company" in 3 different places. A 4th just filed to draw it again.

@rareviewcapital

[ETF Growth HQ @ETFGrowthHQ]

The company being bought is private, and the theme behind the deal is sitting in the top 10 of a biotech fund 👇

Eli Lilly $LLY agreed on Monday to acquire Merida Biosciences for up to $2.875B. Merida designs antibodies that clear the rogue antibodies driving autoimmune and allergic disease, starting with Graves' disease.

The public version of that approach is already a large position in 1 of these funds and a small one in the other.
$IBB: Invests in 252 biotechnology companies at market cap weights. argenx $ARGX, built entirely around blocking the receptor that keeps rogue antibodies circulating in the body, is the 5th largest holding at 3.81%

$XBI: Invests in 156 US biotechnology companies at equal weights. Twist Bioscience $TWST leads at 1.76%, and Dianthus Therapeutics $DNTH, another autoimmune antibody developer, is 7th at 1.37%

$IBB charges 0.44%, $XBI charges 0.35%. Same corner of medicine, 2 very different position sizes.

@iShares @StateStreetETFs

[ETF Growth HQ @ETFGrowthHQ]

@MazzaDave I could really use a Kohn day right about now 😂

[ETF Growth HQ @ETFGrowthHQ]

@Stocktology_ Absolutely man, thanks for the advice!

[ETF Growth HQ @ETFGrowthHQ]

@unusual_whales It seems like the market has been pricing in the end of the war for a while, and things like this support that. I wonder what kind of weird price action we'll see if the war drags on. crazy time for short term investing.

[ETF Growth HQ @ETFGrowthHQ]

@Stocktology_ @InvestifyDaily Sure, but not at a time when they are underperforming expectations and down year to date. definitely scary.

[ETF Growth HQ @ETFGrowthHQ]

@CathieDWood @X This is an interesting perspective I've been thinking about a lot recently. Prediction markets provide tons of useful data completely for free.

[ETF Growth HQ @ETFGrowthHQ]

@DavidDziekanski @TimKotzman This is a really interesting idea I haven't heard much about. Could serve as a pretty interesting hedge in leveraged positions. Not sure if people still hedge their bets, but the potential is definitely there.

[ETF Growth HQ @ETFGrowthHQ]

@fundstrat S&P trading volume has been so low this summer its hard to believe we aren't due for a noticeable swing. The fed meeting makes a lot of sense as a catalyst.

[ETF Growth HQ @ETFGrowthHQ]

3 funds started trading inside the same 3 days last week, and no 2 of them are constructed alike 👇

$ZCSH: Invests in spot Zcash and nothing else. Built by Grayscale and trading on NYSE Arca since August 25, it is the first exchange traded product anywhere to hold the token directly

$HBIT: Invests in US listed spot bitcoin ETPs including $IBIT rather than holding bitcoin itself. Hedgeye Asset Management runs an active options overlay on top, buying and writing puts and calls that can be adjusted as often as daily

$TGRZ: Invests in the Chinese companies building large language models, including https://t.co/BC0YdhJwES, which listed in January 2026. EMXETF launched it on August 26 to sit at the model layer of the AI stack instead of across Chinese tech broadly

A spot commodity trust, an options wrapper around other ETFs, and a single layer of one country's AI stack. All 3 arrived in 1 week.

@Grayscale @HedgeyeAM @emqqglobal

[ETF Growth HQ @ETFGrowthHQ]

Broadcom $AVGO reports Wednesday. Here is how much of it sits in 6 different funds 👇

$SOXQ: 9.96% $SOXX: 7.18% $SMH: 6.73% $HACK: 5.71% $CHAT: 4.12% $XSD: 2.59%

$HACK is a cybersecurity fund, and Broadcom is its 2nd largest holding, because the company owns Symantec and VMware alongside the chip business.

The same report lands on all 6 of these funds with very different force.

@InvescoUS @iShares @vaneck_us @AmplifyETFs

[ETF Growth HQ @ETFGrowthHQ]

BREAKING: A new ETF started trading this morning that holds both the AI platform layer and the hardware layer underneath it in one ticker 👇

$FRUT is the Yorkville America MANGOS Plus Index ETF, listed on NYSE Arca today, August 31. The acronym is the thesis.

MANGOS is the 6-company platform layer:
Meta $META, Anthropic, NVIDIA $NVDA, Google $GOOGL, OpenAI, SpaceX $SPCX

The "Plus" is the Parabolic 7 — the hardware infrastructure layer beneath them:
SanDisk $SNDK , Marvell $MRVL, Micron $MU, Intel $INTC, Dell $DELL, AMD $AMD, Broadcom $AVGO

Every dollar that flows into $FRUT has to be deployed across all 13 names simultaneously. The 2 private companies — OpenAI and Anthropic — are reached through total return swaps and perpetual futures, capped at 5% direct private exposure. The other 11 are direct equity purchases. As AUM builds, that is structural buying pressure spread across the entire AI stack at once, not a bet on one layer.

Most AI funds force a choice: own the platforms or own the chips. $FRUT is built on the argument that both are the same investable thesis. CEO Steve Neamtz: "AI's platforms and its infrastructure are part of one investable thesis, not two competing ones." Expense ratio: 0.50%

@YorkvilleUSAUSA @etf__investmnts

[ETF Growth HQ @ETFGrowthHQ]

2 funds built on the same theme, and most of what sits at the top of each is not what you would picture 👇

$ARKX: Invests in 35 companies across space and defense innovation. SpaceX $SPCX is the largest at 9.3%, and the top 10 also carries Deere $DE at 4.7%, Amazon $AMZN at 4.5% and AMD $AMD at 4.21%

$UFO: Invests in 67 companies across the space economy at tier weights. Garmin $GRMN leads at 6.6%, then Viasat $VSAT at 6.3%, Trimble $TRMB at 5.7% and Sirius XM $SIRI at 5%

Planet Labs $PL reports Thursday. It is 4% of $UFO and does not appear in the top 10 of $ARKX.

1 fund reaches the theme through rockets and defense contractors. The other reaches it through the satellites already up there.

@ARKInvest @ProcureAM_LLC

[ETF Growth HQ @ETFGrowthHQ]

The S&P 500 has spent the summer drifting on quiet volume. Marvell fell 10.3% on Friday. Guess which one issuers are building products for 👇

Defiance filed for 16 new 2X leveraged single stock ETFs. $NVDA, $TSLA, $META, $MSFT, $GOOG, $AMD and $TSM are the obvious ones. Then 4 of the 16 slots went to memory and storage with $MU, $SNDK, $SKHY and $DRAM, and the last 5 went to $NBIS, $MRVL, $PLTR, $SPCX and Applied Optoelectronics $AAOI, which is a fraction of the size of everything else on that list.

A 2X product only works on a stock with real volume behind it, so this is less a product lineup than a scouting report on where the turnover in this market actually went. The index is asleep. The names inside it are not.

@defianceinvest @ms_roundhill

[ETF Growth HQ @ETFGrowthHQ]

$XSW holds 132 US software and services companies and weights every one of them the same.

This week is a busy one for the names inside it. GitLab $GTLB reports Tuesday, Guidewire $GWRE and UiPath $PATH both report Thursday, and each of the 3 sits under 1% of the fund.

$XSW: Invests in 132 US software and services companies at equal weight, rebalanced quarterly. 0.35% expense ratio, trading since September 2011
An equal weighted fund is the one place a busy earnings week barely registers.

@StateStreetETFs

[ETF Growth HQ @ETFGrowthHQ]

The tariff proposal being discussed right now reaches past the semiconductor and onto the finished box 👇

POLITICO reported on August 27, citing 8 people familiar with the discussions, that the administration is weighing extending semiconductor tariffs to finished products including laptops, gaming consoles and data center servers. Exemptions granted in January for US data centers, research, startups, repairs and public sector use are on the table to be removed. The White House said tariff coverage is speculation until officially announced.

If a tariff lands on servers, it lands on the people buying them and the people assembling them. The main data center fund is built mostly out of neither.

$DTCR: Invests in 28 data center and digital infrastructure companies. Digital Realty $DLR is 12.68%, American Tower $AMT is 12.58%, Equinix $EQIX is 12.30% and Crown Castle $CCI is 8.65%, so nearly half the fund is real estate and towers. Super Micro $SMCI, which actually builds the servers, is 2.77%

A fund named for data centers, holding far more landlords than box makers.
@GlobalXETFs

[ETF Growth HQ @ETFGrowthHQ]

Nvidia is reportedly buying the platform where the world's open source AI models get published, and no ETF owns any of it 👇

The Information reported on August 27 that Nvidia $NVDA agreed to acquire Hugging Face for $12.9B. Hugging Face is where developers publish, rank, fine tune and deploy AI models, and it is private, so the target itself sits in no fund.

The move takes Nvidia up the stack, from selling the hardware models run on to owning where they get discovered.

$CHAT: Invests in 25 to 50 companies worldwide tied to generative AI, actively managed and holding 49 right now. Nvidia $NVDA is the largest position at 6.43%, then Alphabet $GOOGL at 5.13%, Broadcom $AVGO at 4.12% and Nebius $NBIS at 3.48%

The biggest chipmaker on earth is 6.43% of a generative AI fund. The rest of the money sits in the layers above and below it.
@roundhill