Loading…
Loading…
I maintain a Buy rating on the iShares US Thematic Rotation Active ETF, reaffirming the original thesis from September 2025. Compared to IVV, the IT-heavy THRO portfolio has a GARP tilt (i.e., a combination of a high EY and impressive earnings growth), which is supportive of further outperformance. THRO has outperformed the S&P 500 index since September. Since its inception in 2021, it has delivered a stronger total return than IVV, as it captured around 105% of its upside.
Farther Finance Advisors LLC grew its holdings in shares of iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) by 32.9% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 342,503 shares of the company's stock after purchasing an additional
Thematic ETFs have maintained their impressive momentum in early 2026, building on a resurgent 2025. After gathering $23 billion last year, the category added another $4 billion in January alone.
2025 was sprinkled with hints that a thematic exchange-traded fund (ETF) comeback could be in its initial stages. With over $240 million in assets under management (AUM) and growing, the Procure Space ETF (UFO) could be one of those funds to watch in 2026.
iShares U.S. Thematic Rotation Active ETF uses AI-driven, tactical theme rotation focused on large-cap U.S. equities, currently overweighting technology. THRO has outperformed the S&P 500 since inception, but recent 12-month returns lag the benchmark. The THRO fund has underperformed two sector rotation ETFs since inception.
Farther Finance Advisors LLC raised its holdings in iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) by 40.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 257,629 shares of the company's stock after purchasing an additional 73,658 shares during the
Benchmarked against the S&P 500, iShares U.S. Thematic Rotation Active ETF relies on data-driven methods to identify and exploit promising themes. I initiate coverage of the fund with a Buy rating. IT-heavy THRO has beaten IVV since inception, sporting higher risk-adjusted returns, though with a downside capture ratio of 102.7%.
THRO ETF actively rotates among U.S. growth themes, leveraging big data and systematic frameworks for trend identification, with a strong technology bias. Current macro conditions—stabilized global liquidity and a neutral interest rate outlook—do not strongly support multiple expansion for growth assets like THRO. Performance now hinges more on the fund manager's thematic and company selection.
SEC filings for THRO aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.