A CFRA “Funds In Focus” report cited the heavy inflows into Global X the past year when sub-categorizing funds based on a Solactive index association. “According to Global X, there was $133 billion in invested thematic ETFs at the end of March 2021 — more than a five-fold increase in the past year,” the report said. “Investors have embraced the diversification and ease of use benefits, while targeted assets toward strategies focused on cannabis, clean energy, electric vehicles, health care innovation, 3D printing, video games, and more.” “Many Global X ETFs are tracking a custom index run by Solactive,” the report added. “In the past year, Global X gathered $14 billion of net inflows pushing its overall asset base to $30 billion, according to CFRA. Many of the firm’s larger ETFs are tracking a custom Solactive index. For example, LIT, which has $2.8 billion in assets aided by $1.8 billion in net inflows in the past year, tracks the Solactive Global Lithium Index.”