Weekly Channel Summary
The Commodities channel, comprising 75 ETFs from 30 issuers, closed the week with total assets under management of $351.4 billion. Investors added a significant $4.9 billion in net new assets over the past five days. This strong weekly showing contributes to a year-to-date inflow of $2.9 billion and a one-year total of $33.6 billion.
This Week’s Performance Leaders and Laggards
The Specialty – Shipping Freight category delivered astronomical returns, surging 19.62% for the week and pushing its year-to-date performance to an incredible 1893.86%. Focused – Precious Metals and Focused – Energy also posted strong weekly gains of 5.68% and 5.43%, respectively. On the other end of the spectrum, Specialty – Carbon Credits was the only category to finish in the red, dipping a slight 0.26% for the week.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Specialty – Shipping Freight | 19.62% | 78.08% | 124.38% | 700.97% | 1893.86% | 2966.19% |
| Focused – Precious Metals | 5.68% | 13.59% | 0.13% | -10.71% | 5.54% | 43.11% |
| Focused – Energy | 5.43% | 3.77% | -4.68% | 52.62% | 76.75% | 66.01% |
| Multi-Sector – Broad Market | 3.95% | 5.95% | 3.29% | 24.51% | 37.08% | 46.38% |
| Focused – Agriculture | 2.24% | 1.52% | 3.23% | 10.16% | 13.60% | 9.81% |
| Focused – Industrial Metals | 0.21% | 1.77% | 1.93% | 9.20% | 13.26% | 41.05% |
| Specialty – Carbon Credits | -0.26% | 0.78% | 8.43% | 12.64% | -0.76% | 12.57% |
Top & Bottom 5 ETFs by Weekly Performance
Leading all individual funds, the Breakwave Tanker Shipping ETF (BWET) soared 23.55%, reflecting the strength in its underlying category. Precious metals funds also had a standout week, with GraniteShares Platinum Trust (PLTM) and iShares Silver Trust (SLV) both gaining over 7.2%. The week’s biggest laggard was the Skylar Electricity Futures ETF (MWHS), which declined by 2.10%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BWET | Breakwave Tanker Shipping ETF | 23.55% |
| PLTM | GraniteShares Platinum Trust | 7.37% |
| PPLT | abrdn Physical Platinum Shares ETF | 7.25% |
| SLV | iShares Silver Trust | 7.25% |
| SIVR | abrdn Physical Silver Shares ETF | 7.21% |
| Bottom Performers | ||
| MWHS | Skylar Electricity Futures ETF | -2.10% |
| UNL | United States 12 Month Natural Gas Fund LP | -1.70% |
| KCCA | KraneShares California Carbon Allowance Strategy ETF | -1.40% |
| CPER | United States Copper Index Fund | -0.05% |
| EVMT | Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF | 0.51% |
Analyzing the Weekly Flows
Investors poured a net $4.9 billion into Commodities ETFs this week, with the vast majority directed towards a single category. Focused – Precious Metals funds attracted a massive $4.5 billion in new assets, significantly offsetting some of their year-to-date outflows. Broad Market and Energy funds also saw healthy inflows, while Industrial Metals experienced the largest, albeit modest, weekly redemption of $31 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Focused – Precious Metals | 18 | $314.64B | $4,464M | $8,068M | $416M | -$4,949M | $24,583M |
| Multi-Sector – Broad Market | 28 | $28.87B | $209M | $1,145M | $2,244M | $5,889M | $6,979M |
| Focused – Energy | 12 | $4.14B | $144M | -$192M | $95M | $503M | $409M |
| Specialty – Shipping Freight | 2 | $159M | $65M | $94M | $63M | $59M | $41M |
| Focused – Agriculture | 8 | $2.22B | $13M | -$58M | -$615M | $1,058M | $1,050M |
| Specialty – Carbon Credits | 3 | $251M | $0M | -$12M | -$25M | -$44M | -$69M |
| Focused – Industrial Metals | 4 | $1.13B | -$31M | -$35M | -$82M | $368M | $600M |
Top & Bottom 5 ETFs by 5-Day Flow
The week’s flows were dominated by a flight to gold, with SPDR Gold Shares (GLD) leading all funds by a wide margin, absorbing nearly $3.4 billion. Other gold products, including iShares Gold Trust (IAU), also saw substantial demand. In contrast, iShares Silver Trust (SLV) topped the outflows list with a $32 million withdrawal, followed by the United States Copper Index Fund (CPER), which shed $22 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| GLD | SPDR Gold Shares | $3,378M |
| IAU | iShares Gold Trust | $311M |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | $306M |
| IAUM | iShares Gold Trust Micro ETF of Benef Interest | $214M |
| USO | United States Oil Fund LP | $150M |
| Outflows | ||
| SLV | iShares Silver Trust | -$32M |
| CPER | United States Copper Index Fund | -$22M |
| DBB | Invesco DB Base Metals Fund | -$9M |
| CORN | Teucrium Corn Fund | -$7M |
| DBO | Invesco DB Oil Fund | -$4M |
Issuer League Table Update
SPDR and iShares continue to command the channel, holding a combined 83.3% of the market share. Driven by its flagship gold fund, SPDR was the week’s clear winner in asset gathering, pulling in a net $3.7 billion. iShares also had a strong week, attracting nearly $498 million in new capital. Outflows among issuers were minimal, with ProShares and Teucrium each seeing redemptions of just $3 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $183.16B | 52.12% |
| iShares | 7 | $109.65B | 31.20% |
| aberdeen | 7 | $21.55B | 6.13% |
| Invesco | 9 | $11.52B | 3.28% |
| US Commodity Funds | 8 | $4.63B | 1.32% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $3,680M |
| iShares | $498M |
| aberdeen | $242M |
| Outflows | |
| ProShares | -$3M |
| Teucrium | -$3M |
| Simplify | -$1M |
For a deeper dive into these trends, access our FREE, in-depth Commodity ETF reports in the right side panel of this page.
Disclosures
This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.
This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.
