This article was originally published on ETFTrends.com.

A thematic exchange traded fund that tracks some of the most disruptive and innovative up-and-coming companies has just become the largest actively managed ETF in the industry.

The ARK Innovation ETF (NYSEArca: ARKK) brought in a record $275 million in inflows on Thursday, bringing its total assets under management to $15.7 billion and shooting past the $15.2 billion in assets under the JPMorgan Ultra-Short Income ETF (JPST), Bloomberg reports.

ARK Invest’s flagship ARK Innovation ETF seeks to invest in the cornerstone companies taken from healthcare, technology, and industrial sectors that focus on investing in disruptive innovation. Such companies may include ones that benefit from big data, cloud computing, cryptocurrencies, the sharing economy, genomic sequencing, molecular medicine, agricultural biology, 3D printing, energy storage, and autonomous vehicles.

The actively managed fund includes companies that merge healthcare with technology and capitalize on the revolution in genomic sequencing. These companies try to understand better how biological information is collected, processed, and applied by reducing guesswork and enhancing precision, restructuring health care, agriculture, pharmaceuticals, and enhancing our quality of life.

The technology component focuses more on the next generation of internet names. These tech companies benefit from the shifting bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media.

Lastly, the industrial exposure covers a so-called new industrial revolution or advances in autonomous vehicles, robotics, 3D printing, and energy storage technology that are enhancing productivity, reducing costs, and transforming the manufacturing landscape.

ARKK has capitalized on this year's massive technology rally from the March lows, surging 150% year-to-date. The ETF has also benefited from its 10% tilt toward Tesla (TSLA), which jumped 650% so far this year. The Ark Innovation ETF is now one of the top 10 best performing non-leveraged ETFs of 2020.

“ARK’s success has rocked the active world,” Eric Balchunas, an ETF analyst at Bloomberg Intelligence, said. “These are stratospheric numbers for an active ETF strategy. But then again, so is her performance. The two are feeding off each other.”