103 economic links between 62 theme and sector ETFs · colored by this week's quadrant vs SPY
A drives B Theme ETF Sector ETF Bigger = more links · drag to pan, scroll or pinch to zoom
| From | To | Why |
|---|---|---|
| AIQ AI | ARKG Genomics | AI models speed protein design and drug discovery |
| AIQ AI | CIBR Cybersecurity | AI agents and AI-made attacks expand the security attack surface |
| AIQ AI | DRAM Memory | every AI accelerator needs HBM stacks, and HBM supply gates GPU shipments |
| AIQ AI | DTCR Data Centers | AI training and inference need hyperscale data center capacity |
| AIQ AI | HUMN Humanoid Robotics | foundation models give humanoid robots general-purpose skills |
| AIQ AI | IGV Software | AI features drive new enterprise software product cycles |
| AIQ AI | LYTE Photonics & Optics | GPU clusters need high-bandwidth optical links between racks |
| AIQ AI | NCLD Neocloud | AI labs rent GPU cloud capacity at scale |
| AIQ AI | ROBO Industrial Robotics | AI vision and planning drive the next wave of factory automation |
| AIQ AI | SKYY Cloud | AI workloads are the main cloud growth driver |
| AIQ AI | SMH Semis | AI needs cutting-edge GPUs and custom ASICs |
| AIQ AI | WCLD SaaS | AI agents change seat-based SaaS demand and pricing |
| AIQ AI | WTAI AI/Innovation | AI adoption is the core driver of the AI and innovation basket |
| AIQ AI | XLU Utilities | power-hungry inference needs new grid capacity |
| ARKG Genomics | XBI Biotech | sequencing and gene-editing tools feed biotech drug discovery |
| ARKX Space | ITA Aero & Defense | space systems rely on aerospace and defense supply chains |
| BITQ Crypto | FINX Fintech | stablecoins and crypto rails compete with card and bank payment networks |
| COPX Copper Miners | XLB Materials | copper miners are a core part of the materials sector |
| DRAM Memory | SMH Semis | memory fabs need the etch, deposition, and metrology tools that set bit supply |
| DRIV EV & Autonomous | AIQ AI | autonomous driving needs neural-network perception models |
| DRIV EV & Autonomous | SMH Semis | autonomous driving needs high-performance vision and compute chips |
| DRNZ Drones | ITA Aero & Defense | drone makers share the defense prime supply chain |
| DTCR Data Centers | COPX Copper Miners | data center wiring and busways need large copper volumes |
| DTCR Data Centers | DRAM Memory | server DRAM and SSD content per rack rises with each AI build-out |
| DTCR Data Centers | GRID Grid & Power Infra | data centers need transformers, switchgear, backup power, and cooling |
| DTCR Data Centers | LYTE Photonics & Optics | optical transceivers link servers, switches, and external networks |
| DTCR Data Centers | PHO Water | data center cooling uses large volumes of water |
| DTCR Data Centers | URA Uranium | tech giants sign nuclear PPAs for clean baseload power |
| DTCR Data Centers | XLRE Real Estate | data center and tower REITs (Equinix, Digital Realty, American Tower) are top real estate holdings |
| DTCR Data Centers | XLU Utilities | data centers are among the fastest-growing power consumers |
| FINX Fintech | IGV Software | payments and banking stacks depend on cloud ERP, risk, and core processing software |
| FINX Fintech | KRE Regional Banks | fintech deposit and lending products compete with and partner through regional bank rails |
| GDX Gold Miners | XLB Materials | Newmont, the largest gold miner, is a top holding in the materials sector |
| GLD Gold | GDX Gold Miners | the gold price sets miner margins with high operating leverage |
| GLD Gold | SIL Silver Miners | silver tends to follow gold as a monetary metal |
| GRID Grid & Power Infra | COPX Copper Miners | grid expansion and data center wiring need large copper volumes |
| HUMN Humanoid Robotics | REMX Rare Earth | robot joint actuators need rare earth magnet motors |
| HUMN Humanoid Robotics | ROBO Industrial Robotics | humanoid robots build on industrial robot components and know-how |
| HYDR Hydrogen | XLB Materials | electrolyzers need specialty metals and membranes |
| IBIT Bitcoin | BITQ Crypto | the bitcoin price drives trading volume and treasury values across crypto stocks |
| IBIT Bitcoin | WGMI Bitcoin Miners | the bitcoin price sets miner revenue per unit of hash rate |
| ITA Aero & Defense | REMX Rare Earth | missiles and jet engines need rare earth magnets and alloys |
| ITA Aero & Defense | XLI Industrials | defense manufacturing is a large part of industrials |
| IYZ Telecom | LYTE Photonics & Optics | carrier fiber builds buy optical transport gear |
| IYZ Telecom | XLC Communication Svcs | wireless carriers are a core part of the communication services sector |
| JETS Airlines | ITA Aero & Defense | airline fleet orders fund commercial aerospace backlogs |
| KARS EVs & Batteries | COPX Copper Miners | battery EVs use roughly 3-4x the copper of combustion cars |
| KARS EVs & Batteries | GRID Grid & Power Infra | EV charging adds new load to distribution grids |
| KARS EVs & Batteries | LIT Lithium | EV battery demand is the main lithium price driver |
| KARS EVs & Batteries | REMX Rare Earth | EV traction motors need neodymium rare earth magnets |
| KARS EVs & Batteries | SMH Semis | EVs need far more power and control chips than combustion cars |
| KRE Regional Banks | XLRE Real Estate | regional banks are the main lenders for commercial real estate |
| KWEB China Internet | AIQ AI | Alibaba, Tencent, and Baidu spend heavily on AI models and cloud |
| MOO Agriculture | XLB Materials | fertilizers and crop chemicals are core materials end markets |
| MOO Agriculture | XLE Energy | farm margins and biofuel mandates link crop economics to oil and refined products |
| MOO Agriculture | XLP Consumer Staples | crop and protein prices set food makers' input costs |
| NCLD Neocloud | DTCR Data Centers | neoclouds lease colocation capacity for their GPU clusters |
| NCLD Neocloud | GRID Grid & Power Infra | GPU clusters are among the largest new loads on the power grid |
| NCLD Neocloud | SMH Semis | GPU procurement is the core bottleneck for neoclouds |
| OIH Oilfield Svcs | SLX Steel | oil country tubular goods and line pipe are a key steel end market |
| PHO Water | XLB Materials | pipes, membranes, and treatment chemicals tie water to materials |
| PHO Water | XLU Utilities | regulated water utilities distribute most treated water |
| QTUM Quantum | CIBR Cybersecurity | quantum computers threaten current encryption, so post-quantum security spend rises |
| SKYY Cloud | CIBR Cybersecurity | cloud migration moves security spend to cloud-native and zero trust tools |
| SKYY Cloud | DTCR Data Centers | hyperscale cloud capex is the largest source of data center demand |
| SMH Semis | LYTE Photonics & Optics | photonic chips rely on compound and silicon semiconductor processes |
| SMH Semis | QTUM Quantum | quantum processors are built with semiconductor fab processes |
| SMH Semis | XLB Materials | fabs consume specialty gases, wafers, and process chemicals |
| SMH Semis | XLK Technology | chip makers are over a third of XLK, so the semis cycle sets sector returns |
| TAN Solar | COPX Copper Miners | solar farms need extensive copper wiring |
| TAN Solar | LIT Lithium | solar-plus-storage projects need lithium battery cells |
| TAN Solar | SIL Silver Miners | solar panels are one of the largest and fastest-growing industrial uses of silver |
| TAN Solar | XLU Utilities | solar power feeds directly into the utility grid |
| TLT Long Bonds | GLD Gold | falling real yields lower the cost of holding gold |
| TLT Long Bonds | KRE Regional Banks | the yield curve shapes regional bank lending margins and the value of their bond holdings |
| TLT Long Bonds | VUG Growth | lower long-term yields raise the value of long-duration growth earnings |
| TLT Long Bonds | XHB Homebuilders | long-term yields set mortgage rates and housing affordability |
| TLT Long Bonds | XLF Financials | the long end of the yield curve sets bank net interest margins |
| TLT Long Bonds | XLRE Real Estate | REIT valuations move inversely with long-term yields |
| TLT Long Bonds | XLU Utilities | utilities trade as bond proxies on long-term rates |
| URA Uranium | XLU Utilities | nuclear provides baseload power for the grid |
| WCLD SaaS | SKYY Cloud | SaaS apps consume hyperscale cloud compute and storage |
| WGMI Bitcoin Miners | NCLD Neocloud | miners convert power sites and hosting into GPU cloud capacity |
| XBI Biotech | XLV Health Care | new drug approvals feed pharma pipelines and payer spend |
| XHB Homebuilders | GRID Grid & Power Infra | new housing developments need grid connections and electrical gear |
| XHB Homebuilders | SLX Steel | structural steel is a core building input |
| XHB Homebuilders | XLB Materials | construction drives lumber, copper, and materials demand |
| XLC Communication Svcs | DTCR Data Centers | Alphabet and Meta are among the largest buyers of AI data center capacity |
| XLE Energy | IYT Transports | diesel prices set trucking and rail operating costs |
| XLE Energy | JETS Airlines | jet fuel is the largest variable cost for airlines |
| XLE Energy | OIH Oilfield Svcs | integrated majors' capex drives offshore and international services demand |
| XLF Financials | FINX Fintech | Visa and Mastercard card networks are the rails most fintech payment apps run on |
| XLF Financials | XHB Homebuilders | bank mortgage lending sets the credit available to home buyers |
| XLI Industrials | IYT Transports | industrial output sets freight volumes for rail and trucking |
| XLI Industrials | XLB Materials | industrial production consumes metals and chemicals |
| XLK Technology | DTCR Data Centers | megacap tech capex funds hyperscale data center build-outs |
| XLK Technology | VUG Growth | megacap tech is the largest weight in growth indexes |
| XLU Utilities | GRID Grid & Power Infra | utility capex budgets fund transformers, lines, and substations |
| XLV Health Care | IHI Med Devices | hospital procedure volumes drive medical device demand |
| XLY Consumer Disc | SOCL Social Media | consumer brands' ad budgets are the main revenue of social platforms |
| XLY Consumer Disc | XLC Communication Svcs | consumer spending sets the ad budgets that fund search, social, and streaming |
| XLY Consumer Disc | XRT Retail | discretionary spending sets retail sales volumes |
| XOP Oil & Gas E&P | OIH Oilfield Svcs | E&P drilling budgets drive oilfield services revenue |
| ETF | Name | Holds |
|---|---|---|
| SMH | Semis | Chip designers, foundries, and equipment makers across logic, memory, and analog, led by Nvidia and TSMC. |
| DRAM | Memory | Memory chip makers (DRAM, HBM, NAND), led by Samsung and SK hynix, plus hard disk drive makers. |
| IGV | Software | US software companies across platforms, security, analytics, and applications (Microsoft, Oracle, Palantir, Palo Alto). |
| SKYY | Cloud | Hyperscale cloud platforms plus the storage, networking, and infrastructure software vendors that clouds run on. |
| WCLD | SaaS | Equal-weighted, mostly mid-cap cloud software (SaaS) across security, observability, communications, and vertical apps. |
| WTAI | AI/Innovation | Broad AI and innovation basket across chips, memory, hyperscalers, and AI security. |
| NCLD | Neocloud | GPU-as-a-service clouds and converted bitcoin miners that rent AI compute capacity (Nebius, CoreWeave, IREN). |
| DTCR | Data Centers | Data center and cell tower REITs, plus digital infrastructure hardware makers. |
| LYTE | Photonics & Optics | Optical transceiver, laser, and fiber component makers behind high-speed data center and telecom links. |
| AIQ | AI | Megacap tech, chip makers, and software companies that build or use AI and big data. |
| CIBR | Cybersecurity | Endpoint, network, cloud, and identity security software, plus networking vendors with large security businesses. |
| FINX | Fintech | Digital payments, neo-banking, brokerage, and financial software companies modernizing financial services. |
| QTUM | Quantum | Equal-weighted mix of quantum computing pure plays and the chip, cloud, and machine learning companies around them. |
| ROBO | Industrial Robotics | Equal-weighted robotics and automation: factory automation, robot arms, machine vision, and surgical robots. |
| HUMN | Humanoid Robotics | Humanoid robot developers and their component suppliers, such as precision gear and actuator makers. |
| DRNZ | Drones | Drone makers, drone component suppliers, and counter-drone systems for defense and commercial use. |
| KARS | EVs & Batteries | EV makers, battery cell makers, auto chip suppliers, and battery metal producers. |
| DRIV | EV & Autonomous | Automakers, autonomous-driving chip and software companies, and EV component and materials suppliers. |
| ARKG | Genomics | Actively managed: DNA sequencing, gene editing, and precision medicine companies. |
| ARKX | Space | Actively managed space and defense innovation: launch, satellites, drones, and defense tech. |
| SOCL | Social Media | Social platforms, short-form video, and digital advertising networks in the US, China, and Korea. |
| KWEB | China Internet | Chinese consumer internet, e-commerce, gaming, and local services platforms listed outside mainland China. |
| VUG | Growth | Large-cap US growth stocks, dominated by megacap tech (Nvidia, Apple, Microsoft). |
| WGMI | Bitcoin Miners | Bitcoin miners and digital power operators, including miners turning their sites into AI data centers. |
| IBIT | Bitcoin | Holds bitcoin directly and tracks its price. |
| BITQ | Crypto | Crypto-native public companies: bitcoin treasury holders, exchanges, stablecoin issuers, and miners. |
| GDX | Gold Miners | Gold mining, royalty, and streaming companies. |
| GLD | Gold | Holds physical gold bars and tracks the spot gold price. |
| SIL | Silver Miners | Silver-focused mining, royalty, and streaming companies. |
| COPX | Copper Miners | Global copper miners and processors that benefit from electrification demand. |
| SLX | Steel | Iron ore miners and steel producers, from integrated mills to mini-mills and steel distributors. |
| REMX | Rare Earth | Rare earth and strategic metals miners and refiners: rare earths, lithium, tungsten, and molybdenum. |
| URA | Uranium | Uranium miners, nuclear fuel processors, and small modular reactor developers. |
| LIT | Lithium | Lithium miners, battery cell makers, and battery component suppliers. |
| TAN | Solar | Solar panel, tracker, and inverter makers, plus residential and utility-scale solar developers. |
| HYDR | Hydrogen | Fuel cell and electrolyzer makers, led by Bloom Energy and Plug Power. |
| GRID | Grid & Power Infra | Grid equipment makers, electrical contractors, cable makers, and grid utilities. |
| MOO | Agriculture | Farm equipment, fertilizers, seeds, animal health, grain trading, and protein processors. |
| PHO | Water | Water treatment equipment, testing instruments, distribution, and conservation technologies. |
| OIH | Oilfield Svcs | Oilfield service, equipment, and offshore drilling companies. |
| XOP | Oil & Gas E&P | Equal-weighted US oil and gas producers, plus refiners and integrated majors. |
| ITA | Aero & Defense | US aerospace and defense, led by engine makers GE Aerospace and RTX, plus Boeing and the defense primes. |
| IYT | Transports | The Dow Transportation Average: railroads, Uber, airlines, parcel carriers, and truckers. |
| JETS | Airlines | US and international airlines, plus airports and aircraft makers. |
| XHB | Homebuilders | Equal-weighted homebuilders plus building products, home furnishings, and home goods retailers. |
| XRT | Retail | Equal-weighted US retailers across apparel, department stores, specialty, and discount chains. |
| IYZ | Telecom | Network equipment makers (Cisco, Arista) plus wireless carriers and cable and broadband providers. |
| IHI | Med Devices | US medical device makers: diagnostics, surgical robots, implants, and patient monitoring. |
| XBI | Biotech | Equal-weighted US biotech, mostly small and mid-cap drug developers. |
| KRE | Regional Banks | Equal-weighted US regional and community banks. |
| MSOS | Cannabis | Actively managed US cannabis multi-state operators and related real estate and services. |
| TLT | Long Bonds | US Treasury bonds with more than 20 years to maturity. |
| XLK | Technology | S&P 500 technology: megacap chip, hardware, and software companies. |
| XLC | Communication Svcs | S&P 500 communication services: search, social, streaming, gaming, and wireless carriers. |
| XLY | Consumer Disc | S&P 500 consumer discretionary, led by Amazon and Tesla, plus home improvement, restaurants, and travel. |
| XLP | Consumer Staples | S&P 500 consumer staples: big-box retailers, food, beverage, tobacco, and household products. |
| XLE | Energy | S&P 500 energy: Exxon and Chevron, plus producers, refiners, pipelines, and oilfield services. |
| XLF | Financials | S&P 500 financials: Berkshire, money-center banks, card networks, brokers, and insurers. |
| XLV | Health Care | S&P 500 health care: big pharma led by Eli Lilly, plus managed care, devices, tools, and biotech. |
| XLI | Industrials | S&P 500 industrials: machinery, aerospace and defense, electrical equipment, and railroads. |
| XLB | Materials | S&P 500 materials: industrial gases, chemicals, construction materials, and metals and mining. |
| XLRE | Real Estate | S&P 500 REITs: health care, industrial, data center, tower, retail, and residential properties. |
| XLU | Utilities | S&P 500 utilities: regulated electric and gas utilities and independent power producers. |
| FXI | China | The 50 largest Hong Kong-listed Chinese companies: state banks, Tencent, Alibaba, and other platforms. |
| EWZ | Brazil | Brazilian large and mid caps: banks, Vale, Petrobras, and utilities. |
| EWY | Korea | Korean large and mid caps, almost half in memory makers SK hynix and Samsung. |
| EWT | Taiwan | Taiwanese large and mid caps, led by TSMC and the rest of the chip supply chain. |
| EWJ | Japan | Japanese large and mid caps: banks, Toyota, chip equipment makers, and industrials. |
| VGK | Europe | Developed European stocks across banks, health care, industrials, and ASML. |
| EWW | Mexico | Mexican stocks: Grupo Mexico, banks, consumer staples (FEMSA, Walmex), and America Movil. |
| INDA | India | Indian large and mid caps: private banks, Reliance, Bharti Airtel, and IT services. |
| ARGT | Argentina | Argentine stocks, led by MercadoLibre, plus oil (YPF, Vista), banks, and utilities. |
| EEM | Emerging Markets | Emerging market large and mid caps, led by TSMC, Samsung, SK hynix, and Chinese internet. |