Thematic exchange-traded funds and exchange-traded products listed globally gathered net inflows of US$2.38 billion in December, bringing net inflows for 2021 to US$80.54 billion, the second highest on record after the US$106.19 billion in 2020, according to a new report.

December marked the 25th month of consecutive net inflows, says research and consultancy firm ETFGI.

Total assets invested in thematic ETFs and ETPs increased by 19.7% to US$437 billion in 2021, from US$365 billion at the end of 2020.

By assets iShares is the largest thematic provider with 21.1% market share, followed by SPDR ETFs with 16.4%, and Mirae Asset Global ETFs (including the Mirae, Global V and Horizon ETFs brands) with 7.8%.