Weekly Channel Summary
The Sector & Industry channel saw net outflows of $2.4 billion this week, bringing its year-to-date total to a positive $61.9 billion. Total assets under management for the channel’s 281 ETFs from 59 issuers stand at $1.12 trillion. Over the past year, investors have allocated a net $80.1 billion into this segment.
This Week’s Performance Leaders and Laggards
Information Technology was the week’s standout performer, gaining 7.39% and extending its year-to-date lead to 38.96%. The Materials sector also posted strong results with a 5.47% weekly return. At the other end of the spectrum, Energy was the weakest category, declining 3.35% for the week, which contrasts with its strong 30.44% gain year-to-date. Utilities also struggled, falling 1.49%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Information Technology | 7.39% | 4.13% | 10.27% | 36.38% | 38.96% | 58.28% |
| Materials | 5.47% | 3.21% | 2.96% | 3.38% | 17.53% | 23.88% |
| Industrial | 4.23% | 2.18% | 8.14% | 6.36% | 18.39% | 25.73% |
| Consumer Discretionary | 3.12% | 2.18% | 0.87% | 2.29% | 1.50% | 8.40% |
| Health Care | 3.02% | 0.24% | 15.38% | 9.44% | 11.58% | 38.51% |
| Communication Services | 2.86% | -0.15% | -5.03% | -2.82% | -4.33% | 6.01% |
| Financials | 1.22% | 2.65% | 11.99% | 7.25% | 8.37% | 17.70% |
| Consumer Staples | 0.18% | 0.35% | 1.99% | -2.00% | 10.82% | 6.57% |
| Real Estate | -0.48% | 0.10% | 2.96% | 8.70% | 13.83% | 14.91% |
| Utilities | -1.49% | -4.48% | -2.72% | 1.86% | 3.44% | 3.53% |
| Energy | -3.35% | 5.23% | 2.57% | 9.88% | 30.44% | 41.10% |
Top & Bottom 5 ETFs by Weekly Performance
Semiconductor funds dominated the top performers list, led by the State Street SPDR S&P Semiconductor ETF (XSD) which surged 11.73%. This performance contrasts sharply with the group’s flow activity. Conversely, energy production funds populated the bottom of the rankings, with the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) falling 6.20% as the category faced headwinds.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| XSD | State Street SPDR S&P Semiconductor ETF | 11.73% |
| WDAF | WisdomTree Asia Defense Fund | 11.66% |
| PTF | Invesco Dorsey Wright Technology Momentum ETF | 10.22% |
| MISL | First Trust Indxx Aerospace & Defense ETF | 9.74% |
| FTXL | First Trust Nasdaq Semiconductor ETF | 9.21% |
| Bottom Performers | ||
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | -6.20% |
| PXE | Invesco Energy Exploration & Production ETF | -5.67% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | -5.39% |
| DVXE | WEBs Energy XLE Defined Volatility ETF | -5.05% |
| PBOG | Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF | -4.48% |
Analyzing the Weekly Flows
Despite strong performance, the Information Technology sector experienced a massive $5.77 billion in net outflows, driving the channel’s overall negative flow for the week. This suggests significant profit-taking or a rotation out of the year’s leading sector. Investors reallocated capital to other areas, with Health Care attracting $1.24 billion, Industrials pulling in $1.19 billion, and Consumer Discretionary gathering $1.05 billion in new assets.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Health Care | 33 | $107.92B | $1,240M | $2,771M | $5,168M | $4,859M | $10,012M |
| Industrial | 31 | $93.47B | $1,188M | $556M | $2,076M | $13,832M | $19,006M |
| Consumer Discretionary | 15 | $34.45B | $1,047M | $765M | $1,351M | -$1,190M | -$576M |
| Financials | 35 | $108.93B | $590M | $3,255M | $3,686M | $1,502M | $647M |
| Real Estate | 55 | $98.31B | $94M | $743M | $5,023M | $5,474M | $9,249M |
| Consumer Staples | 14 | $27.43B | $57M | $247M | -$133M | -$1,136M | -$1,914M |
| Communication Services | 7 | $30.90B | $33M | -$734M | -$1,441M | -$3,735M | -$4,882M |
| Utilities | 12 | $38.23B | -$29M | $180M | $327M | -$342M | $1,928M |
| Materials | 11 | $14.07B | -$285M | -$360M | $229M | $2,695M | $2,659M |
| Energy | 33 | $65.90B | -$553M | -$157M | -$5,218M | $7,152M | $5,627M |
| Information Technology | 34 | $498.20B | -$5,770M | $5,695M | $18,574M | $32,806M | $38,389M |
Top & Bottom 5 ETFs by 5-Day Flow
Flows at the fund level were dominated by a rotation out of semiconductor ETFs. The iShares Semiconductor ETF (SOXX) shed a substantial $3.70 billion, while the VanEck Semiconductor ETF (SMH) saw outflows of $1.80 billion. On the receiving end, the State Street Industrial Select Sector SPDR ETF (XLI) was the week’s top asset gatherer, taking in $941 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| XLI | State Street Industrial Select Sector SPDR ETF | $941M |
| XLV | State Street Health Care Select Sector SPDR ETF | $707M |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | $680M |
| IXN | iShares Global Tech ETF | $518M |
| IYW | iShares U.S. Technology ETF | $352M |
| Outflows | ||
| SOXX | iShares Semiconductor ETF | -$3,695M |
| SMH | VanEck Semiconductor ETF | -$1,802M |
| VGT | Vanguard Information Technology ETF | -$561M |
| XLK | State Street Technology Select Sector SPDR ETF | -$500M |
| XLE | State Street Energy Select Sector SPDR ETF | -$237M |
Note: the following fund(s) were excluded from the flow totals above because the weekly flow exceeds 75% of the fund’s AUM and may be the result of a custom rebalance: GXPC (-$89M).
Issuer League Table Update
SPDR and Vanguard continue to lead the sector space, commanding 39.0% and 24.4% of the market share, respectively. SPDR was the clear winner in weekly flows, attracting nearly $3.0 billion in net new assets despite outflows from its flagship tech fund. Conversely, iShares experienced the largest weekly outflows, losing $3.0 billion, driven almost entirely by redemptions from its large semiconductor ETF.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $435.85B | 38.99% |
| Vanguard | 12 | $272.20B | 24.35% |
| iShares | 49 | $199.62B | 17.86% |
| VanEck | 20 | $74.94B | 6.70% |
| Fidelity | 12 | $39.11B | 3.50% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $2,958M |
| Invesco | $159M |
| US Global | $68M |
| Outflows | |
| iShares | -$3,041M |
| VanEck | -$1,843M |
| Vanguard | -$723M |
For a deeper dive into these trends, access our FREE, in-depth Sector & Industry 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.
