The Tech Takeover: Sector ETFs Pull in a Massive $25B

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Weekly Channel Summary

The EQ: Sector & Industry channel, encompassing 275 ETFs managed by 56 issuers, currently stands at a robust $1,099B in total Assets Under Management. The category experienced a powerful wave of buying this past week, pulling in an impressive $24.89B in net flows. This rapid influx brings the Year-to-Date flow total to a remarkable $62.21B, contributing heavily to the massive $85.94B gathered over the past year.

This Week’s Performance Leaders and Laggards

This week, the Information Technology category led the pack, jumping 3.95% to push its exceptional Year-to-Date return to 49.25%. Conversely, the Energy sector faced the steepest decline, dropping -6.10% for the week, though it still maintains a solid 21.74% return for the year.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Information Technology 3.95% 12.99% 46.37% 52.29% 49.25% 90.19%
Industrial 0.94% 6.01% 7.05% 16.59% 15.20% 34.31%
Utilities 0.48% 2.01% -1.97% 6.42% 6.72% 15.48%
Consumer Discretionary -0.06% 3.19% 6.46% -1.95% -0.05% 11.24%
Financials -0.27% 3.41% 10.51% 2.22% 2.46% 16.16%
Health Care -0.64% 4.45% 7.08% 3.01% 2.06% 25.55%
Materials -1.02% 3.79% 8.90% 19.39% 18.69% 34.87%
Comm Services -1.19% -6.77% -1.05% -3.86% -5.31% 9.45%
Real Estate -2.70% 0.82% 5.56% 10.32% 9.69% 11.93%
Consumer Staples -2.92% -1.92% 1.16% 5.23% 6.95% 3.84%
Energy -6.10% -10.33% -5.66% 24.20% 21.74% 31.38%

Top & Bottom 5 ETFs by Weekly Performance

Drilling down into individual funds, the Xtrackers Semiconductor Select Equity ETF (CHPS) took the top spot with a stellar 7.93% weekly gain. On the downside, oil services funds struggled the most, with the VanEck Oil Services ETF (OIH) and the iShares U.S. Oil Equipment & Services ETF (IEZ) falling -9.97% and -9.56%, respectively.

Ticker Fund Name WTD Performance
Top Performers
CHPS Xtrackers Semiconductor Select Equity ETF 7.93%
SOXX iShares Semiconductor ETF 7.32%
SOXQ Invesco PHLX Semiconductor ETF 7.25%
FTXL First Trust Nasdaq Semiconductor ETF 7.09%
TEK iShares Technology Opportunities Active ETF 7.03%
Bottom Performers
PXJ Invesco Oil & Gas Services ETF -7.60%
DVXE WEBs Energy XLE Defined Volatility ETF -7.73%
XES State Street SPDR S&P Oil & Gas Equipment & Services ETF -8.08%
IEZ iShares U.S. Oil Equipment & Services ETF -9.56%
OIH VanEck Oil Services ETF -9.97%

Analyzing the Weekly Flows

The channel gathered a robust $24.89B in total net flows this week. The Information Technology category was the undisputed favorite, raking in $19,346M and swelling its total AUM to $512.7B. Industrial ETFs also saw a healthy influx of $2,382M, while the Consumer Staples category experienced the most significant flight of capital, shedding -$476M over the past five days.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Information Technology 33 $512.7B $19,346M $26,802M $36,268M $43,597M $50,222M
Industrial 30 $89.7B $2,382M $2,876M $4,126M $12,933M $20,278M
Financials 35 $97.5B $1,517M $728M -$2,178M -$3,415M -$1,439M
Real Estate 53 $92.9B $877M $1,895M $2,263M $3,107M $6,896M
Materials 10 $14.9B $702M $756M $1,973M $3,241M $3,209M
Health Care 33 $95.3B $446M $858M -$1,165M -$50M $2,901M
Consumer Discretionary 15 $33.4B $378M $95M -$512M -$2,096M -$2,124M
Energy 32 $65.5B $114M -$1,207M $1,087M $10,634M $7,247M
Utilities 11 $38.2B -$171M -$600M -$1,274M -$1,152M $3,076M
Comm Services 8 $32.0B -$221M -$440M -$693M -$2,824M -$1,450M
Consumer Staples 13 $26.6B -$476M -$1,001M -$2,516M -$1,765M -$2,871M

Top & Bottom 5 ETFs by 5-Day Flow

At the fund level, the State Street Technology Select Sector SPDR ETF (XLK) dominated the leaderboard by pulling in a staggering $8.21B over the past five days. On the other end of the spectrum, the State Street Consumer Staples Select Sector SPDR ETF (XLP) and the iShares Expanded Tech-Software Sector ETF (IGV) suffered the heaviest redemptions, bleeding -$450M and -$314M, respectively.

Ticker Fund Name 5-Day Flow
Inflows
XLK State Street Technology Select Sector SPDR ETF $8,208M
SMH VanEck Semiconductor ETF $7,383M
XLI State Street Industrial Select Sector SPDR ETF $1,166M
XLF State Street Financial Select Sector SPDR ETF $866M
XAR State Street SPDR S&P Aerospace & Defense ETF $803M
Outflows
XLP State Street Consumer Staples Select Sector SPDR ETF -$450M
IGV iShares Expanded Tech-Software Sector ETF -$314M
XLC State Street Communication Services Select Sector SPDR ETF -$177M
IXC iShares Global Energy ETF -$93M
JETS U.S. Global Jets ETF -$85M

Issuer League Table Update

SPDR and Vanguard continue to command the space, controlling 38.98% and 23.85% of the market share, respectively. SPDR capitalized the most on the week’s bullish momentum, gathering $12.53B in new assets, whereas US Global found itself at the bottom of the pile with -$85M in net outflows.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
SPDR 28 $428.31B 38.98%
Vanguard 12 $262.02B 23.85%
iShares 49 $190.28B 17.32%
VanEck 16 $84.79B 7.72%
Fidelity 12 $39.01B 3.55%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
SPDR $12,525M
VanEck $7,400M
iShares $1,821M
Outflows
Tuttle Capital -$8M
Davis -$11M
US Global -$85M

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.