Weekly Channel Summary
The Sector & Industry channel encompasses 278 ETFs from 59 issuers, with total assets under management reaching $1.09 trillion. Investors poured a substantial $9.7 billion into the channel over the past week, bringing year-to-date net flows to $54.6 billion. Over the last twelve months, the channel has attracted $75.2 billion in new assets.
This Week’s Performance Leaders and Laggards
Energy funds led performance for the week with a 3.43% gain, rebounding from recent weakness over the past one and three months. Information Technology continued its strong run, rising 2.75% and maintaining its position as the top-performing category year-to-date with a 40.28% return. On the downside, Industrial and Materials funds were the weakest performers, falling 2.25% and 2.22% respectively.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Energy | 3.43% | -4.83% | -3.15% | 20.15% | 25.09% | 28.90% |
| Information Technology | 2.75% | 5.62% | 32.70% | 35.18% | 40.28% | 62.89% |
| Communication Services | 1.91% | 1.43% | -0.83% | -3.92% | -3.57% | 7.94% |
| Financials | 0.36% | 7.13% | 10.28% | 3.00% | 5.19% | 11.49% |
| Consumer Discretionary | 0.03% | 3.51% | 4.36% | -4.91% | -0.77% | 6.76% |
| Real Estate | -0.65% | 0.73% | 5.43% | 11.22% | 12.55% | 13.44% |
| Utilities | -0.69% | 3.86% | -2.57% | 7.98% | 7.66% | 13.11% |
| Consumer Staples | -1.04% | -0.75% | 2.31% | 7.37% | 9.42% | 6.49% |
| Health Care | -1.63% | 9.07% | 12.03% | 6.94% | 9.00% | 29.65% |
| Materials | -2.22% | 2.23% | -2.48% | 5.66% | 12.75% | 14.28% |
| Industrial | -2.25% | 5.97% | 4.59% | 7.34% | 14.68% | 23.14% |
Top & Bottom 5 ETFs by Weekly Performance
The week’s top-performing funds were concentrated in the oil industry, with the VanEck Oil Refiners ETF (CRAK) leading the pack with a 6.05% advance. Several other oil services and equipment ETFs also posted gains of over 5.7%. In contrast, Aerospace & Defense funds experienced significant declines, with the State Street SPDR S&P Aerospace & Defense ETF (XAR) dropping 5.60% to become the week’s worst performer.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| CRAK | VanEck Oil Refiners ETF | 6.05% |
| IEZ | iShares U.S. Oil Equipment & Services ETF | 5.96% |
| PXJ | Invesco Oil & Gas Services ETF | 5.82% |
| OIH | VanEck Oil Services ETF | 5.74% |
| SMHX | VanEck Fabless Semiconductor ETF | 5.12% |
| Bottom Performers | ||
| XAR | State Street SPDR S&P Aerospace & Defense ETF | -5.60% |
| WDEF | WisdomTree Europe Defense Fund | -5.36% |
| MISL | First Trust Indxx Aerospace & Defense ETF | -4.95% |
| MEDX | Horizon Kinetics Medical ETF | -4.94% |
| WDGF | WisdomTree Global Defense Fund | -4.34% |
Analyzing the Weekly Flows
The channel saw robust net inflows of $9.7 billion, with the Information Technology sector capturing the vast majority of new capital. Tech funds attracted an overwhelming $7.6 billion, more than ten times the next closest category. Financials also saw positive interest with $645 million in net inflows, while Consumer Discretionary experienced the largest redemptions at a modest $173 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Information Technology | 34 | $494.24B | $7,620M | $8,392M | $23,255M | $32,395M | $38,045M |
| Financials | 35 | $100.82B | $645M | $2,807M | $35M | -$1,650M | -$1,756M |
| Health Care | 33 | $106.40B | $423M | $2,609M | $1,194M | $2,004M | $5,612M |
| Real Estate | 55 | $95.68B | $410M | $2,751M | $4,004M | $4,861M | $8,412M |
| Industrial | 31 | $89.83B | $369M | $2,721M | $2,452M | $13,337M | $19,927M |
| Consumer Staples | 14 | $26.84B | $317M | $20M | -$492M | -$1,289M | -$2,158M |
| Utilities | 11 | $39.21B | $156M | $510M | -$1,482M | -$465M | $2,860M |
| Materials | 10 | $13.99B | $125M | $481M | $1,102M | $3,054M | $2,881M |
| Energy | 32 | $63.13B | -$17M | -$2,912M | -$2,941M | $7,482M | $5,023M |
| Communication Services | 8 | $31.29B | -$143M | -$262M | -$509M | -$2,949M | -$1,549M |
| Consumer Discretionary | 15 | $32.88B | -$173M | $57M | -$175M | -$2,194M | -$2,130M |
Top & Bottom 5 ETFs by 5-Day Flow
Investor demand was heavily concentrated in semiconductor ETFs, which dominated the fund flow leaderboard. The iShares Semiconductor ETF (SOXX) single-handedly brought in an exceptional $5.3 billion, while the VanEck Semiconductor ETF (SMH) added another $2.5 billion. Conversely, the State Street SPDR S&P Regional Banking ETF (KRE) and the State Street Communication Services Select Sector SPDR ETF (XLC) saw the largest outflows, shedding $329 million and $280 million respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SOXX | iShares Semiconductor ETF | $5,268M |
| SMH | VanEck Semiconductor ETF | $2,495M |
| XLF | State Street Financial Select Sector SPDR ETF | $729M |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | $320M |
| XLB | State Street Materials Select Sector SPDR ETF | $263M |
| Outflows | ||
| KRE | State Street SPDR S&P Regional Banking ETF | -$329M |
| XLC | State Street Communication Services Select Sector SPDR ETF | -$280M |
| VGT | Vanguard Information Technology ETF | -$209M |
| PBEU | Portfolio Building Block European Banks Index ETF | -$154M |
| XLE | State Street Energy Select Sector SPDR ETF | -$130M |
Issuer League Table Update
SPDR and Vanguard continue to lead the channel in assets, with market shares of 38.46% and 24.10%, respectively. However, iShares was the clear winner in weekly asset gathering, pulling in $6.3 billion in net new money, largely driven by its flagship semiconductor fund. VanEck also had a strong week, attracting over $2.5 billion, while Portfolio Building Block recorded the largest net outflows at $160 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $420.83B | 38.46% |
| Vanguard | 12 | $263.74B | 24.10% |
| iShares | 49 | $197.74B | 18.07% |
| VanEck | 16 | $77.84B | 7.11% |
| Fidelity | 12 | $39.78B | 3.64% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $6,328M |
| VanEck | $2,523M |
| SPDR | $708M |
| Outflows | |
| Portfolio Building Block | -$160M |
| Vanguard | -$69M |
| First Trust | -$66M |
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.
