Tech Megatrends ETF Report | January 2026

Equal Weight ETF Key Takeaways

  • ITEK lost -1.6% in December, coming off its recent highs.
  • In 2025, Fund gained 19.1%; up 8.4% in the final 6 months.
  • Global holdings boosted gains: US 59.2%, China 10.9%, Japan 8.5%, Israel 3.5%, Germany 2.8%.
  • Buying opportunity, ITEK benefits because of a broader Tech rally, beyond Mega-Caps.
  • Already rallying in 2026, up 3% by mid-January.
  • Top 10 holdings represent only 9% weight versus Nasdaq’s narrowness exceeding 50% for Top 10.
  • Best 2025 themes: Genomics 9.1%, Digi Entertainment 8.5%, Blockchain 32.2%, Cybersecurity 14.1%, AI-Robotics 14.8%, Social Media 7.3%, Cloud 9.6%.
  • December Top themes: Future Cars up 3.2%, Defence Tech 19.9%, Social Media 1.7% & AI-Robotics 1.5%.
  • Equal weight across 10 subthemes (15 leading holdings per theme).
  • Added 2 new subthemes Quantum Computing & Defence Tech. 140 Total ITEK Holdings now.
  • Diversified Equal weight – ensures ITEK benefits from Global Tech convergence gains.
  • ITEK’s overall price to earning valuations remains far below Nasdaq 100 & Mag7 levels (above 30X).
  • Broadening Tech gains well beyond Mag7 and expected double digit earnings growth in 2026

Source of all performance data: HANetf; Bloomberg as of 31.12.2025. Past performance is not indicative of future performance and when you invest in ETFs your capital is at risk.

Macro Outlook

  • Tech M&A space is booming with strong US tailwinds, including lower interest rates
  • Healthy quarterly S&P & Tech earnings – double digit earnings gains in 2026 expected.
  • Business friendly Trump Presidency lowering taxes & boosting infrastructure buildout to meet AI demand.
  • AI Convergence across Tech – positive for Cloud, Social Media, Gaming, Future Cars & Cybersecurity.
  • Tech gains broadening beyond Mag7 – benefits from global adoption.
  • Impressive recent quarterly Tech earnings & lower US Tariffs on key partners – boosted Tech holdings.
  • $3tn+ spending in AI within decade; boosting Cloud spending to $3.5tn+.
  • US Economy remains resilient, no signs of recession.
  • Weaker US$ boosting foreign earnings & exports for bigger Tech players.
  • Tailwinds for ITEK – more Fed rate cuts in 2026, weak US$ & falling inflation.
  • US Trade deals – good for many US Tech leaders.
  • M&A activity at new highs – removal of FTC’s anti-trust blockages.
  • Friendlier crypto and SEC regimes.
  • Tariffs boosting demand for Robotics & Automation – US onshoring grow

Subtheme Returns – October

ContributionContribution (%)Average Return (%)Sum of Weight (%)*Count*
AI & Robotics0.07%1.53%11.68%15
Blockchain-1.93%-13.09%11.11%15
Cloud Computing0.00%-5.01%11.05%15
Cyber Security-0.45%-3.59%10.44%15
Defence Technology1.89%19.94%10.57%15
Digital Entertainment-0.32%-3.68%8.97%15
Future Cars0.37%3.16%11.07%15
Genomics-0.47%-4.48%11.06%15
Quantum Computing-0.01%-0.82%4.35%5
Social Media0.18%1.71%9.71%15
Total-1.57%

*After rebalancing
Source of all data: Solactive. Past performance is no guarantee of future performance.

Largest Contributors – December

HOLDINGSIndex CategoryContribution (%)Return
(%)
Average Weight (%)
INTUITIVE MACHINES INCDefence Technology0.56%75.27%1.05%
ROCKET LAB CORPORATIONDefence Technology0.43%72.80%0.89%
REDWIRE CORPDefence Technology0.20%48.44%0.56%
SATREC INITIATIVE CO LTDDefence Technology0.29%44.12%0.76%
D-WAVE QUANTUM INCQuantum Computing0.20%22.08%1.10%
TRUMP MEDIA & TECHNOLOGY GROUP CORPSocial Media0.09%20.91%0.49%
FANUC CORPAI & Robotics0.16%20.76%0.93%
AVIO SPADefence Technology0.18%19.80%0.95%
NEWBORN TOWN INCSocial Media0.10%19.30%0.59%
MICROCHIP TECHNOLOGY INCAI & Robotics0.11%19.26%0.70%
RENESAS ELECTRONICS CORPFuture Cars0.12%18.26%0.78%
COGNYTE SOFTWARE LTDDefence Technology0.10%15.34%0.73%
RIVIAN AUTOMOTIVE INCFuture Cars0.13%14.86%0.98%
MDA SPACE LTDDefence Technology0.06%14.58%0.40%
SALESFORCE INCCloud Computing0.09%13.78%0.70%
BAIDU INC-CLASS ASocial Media0.13%13.75%0.94%
STMICROELECTRONICS NVFuture Cars0.08%12%0.66%
ROKU INCDigital Entertainment0.09%12%0.77%
CAE INCDefence Technology0.10%12.29%0.76%
SAILPOINT INCCyber Security0.06%10%0.69%
BRISTOL-MYERS SQUIBB COGenomics0.07%9.68%0.78%
INTUITIVE MACHINES INCDefence Technology0.56%75.27%1.05%
ROCKET LAB CORPORATIONDefence Technology0.43%72.80%0.89%
REDWIRE CORPDefence Technology0.20%48.44%0.56%

Source of all data: Solactive. Past performance is no guarantee of future performance.

Equal Weight ETF Performance
As of 31.08.2026

ITEK (Fund)SOLITEK (Index)
1M5.23%5.28%
3M-11.01%-10.94%
6M14.22%14.59%
YTD12.25%12.76%
12M13.93%14.76%
3Y72.48%75.38%
Since Inception (05/10/2018)149.13%157.62%

Please note that all performance figures are showing net data. Source: Bloomberg / HANetf. Data as of 31.08.2026

Performance before inception is based on back-tested data. Backtesting is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. When you invest in ETFs your capital is at risk.

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