Weekly Channel Summary
The Sector & Industry channel closed the week with $1,069.59B in total AUM spread across 277 ETFs from 59 issuers. Net flows were modestly positive at $172M for the five-day period, while the channel has gathered $72,119M year-to-date and $78,897M over the trailing year. These longer-term figures underscore sustained investor engagement with sector-focused strategies even as weekly flows showed more mixed positioning.
This Week’s Performance Leaders and Laggards
Communication Services led all categories on the week with a 4.45% gain, followed by Real Estate (+1.94%) and Consumer Discretionary (+1.91%), though Communication Services remains down 9.64% year-to-date, highlighting a sharp but isolated rebound. Energy was the clear laggard, falling 12.22% on the week despite a standout 38.67% YTD gain, suggesting a pullback within an otherwise strong 2026 trend. Information Technology also struggled, dropping 8.50% for the week and 19.61% over the past month, even as it holds an 18.41% YTD return. Among individual funds, JETS topped the weekly leaderboard with a 6.65% gain, while IHI and XLC also posted gains above 4.8%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Communication Services | 4.45% | -6.73% | -5.35% | -10.30% | -9.64% | -4.81% |
| Real Estate | 1.94% | 6.14% | -1.87% | -0.18% | 11.25% | 11.85% |
| Consumer Discretionary | 1.91% | 5.25% | -0.43% | -1.12% | -0.39% | 1.46% |
| Consumer Staples | 0.92% | 10.18% | 6.41% | 8.06% | 17.82% | 21.52% |
| Financials | 0.90% | 4.57% | -2.48% | 8.65% | 5.78% | 11.88% |
| Health Care | -0.46% | 8.52% | 10.11% | 24.34% | 20.90% | 29.25% |
| Utilities | -0.68% | 4.63% | 0.16% | -4.37% | 3.04% | 0.24% |
| Materials | -0.97% | 2.95% | -0.94% | -1.38% | 14.76% | 24.10% |
| Industrial | -2.49% | -3.93% | -13.42% | -8.28% | 2.13% | 4.72% |
| Information Technology | -8.50% | -19.61% | -12.21% | -5.09% | 18.41% | 18.46% |
| Energy | -12.22% | -4.15% | 5.18% | 7.06% | 38.67% | 41.42% |
Top & Bottom 5 ETFs by Weekly Performance
On the downside, energy-related funds dominated the bottom of the performance table, with PSCE down 16.44%, PXI down 16.11%, and XES down 16.05%. Oil and gas exploration and services names rounded out the bottom five, with XOP and PXJ each declining more than 14%. This broad energy weakness contrasts with the segment’s strong YTD and one-year returns, pointing to a sharp near-term reversal rather than a structural shift. The divergence between weekly losers and their longer-term performance suggests profit-taking rather than a fundamental deterioration in energy sector sentiment.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| JETS | U.S. Global Jets ETF | 6.65% |
| IHI | iShares U.S. Medical Devices ETF | 5.50% |
| XLC | State Street Communication Services Select Sector SPDR ETF | 4.89% |
| RSPC | Invesco S&P 500 Equal Weight Communication Services ETF | 4.87% |
| REZ | iShares Residential and Multisector Real Estate ETF | 4.36% |
| Bottom Performers | ||
| PSCE | Invesco S&P SmallCap Energy ETF | -16.44% |
| PXI | Invesco Dorsey Wright Energy Momentum ETF | -16.11% |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | -16.05% |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | -14.72% |
| PXJ | Invesco Oil & Gas Services ETF | -14.65% |
Analyzing the Weekly Flows
The Sector & Industry channel posted a modest net inflow of $172M for the week, masking significant divergence beneath the surface. Information Technology led all categories with $4,141M in inflows, extending its dominant position with $46,278M gathered year-to-date. Health Care also attracted meaningful capital at $967M for the week. On the outflow side, Industrial funds shed $1,324M, followed by Communication Services at -$943M and Financials at -$822M, while Energy also saw $811M leave despite its strong longer-term flow trends.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Information Technology | 34 | $447.50B | $4,141M | $12,701M | $11,806M | $46,278M | $46,977M |
| Health Care | 32 | $126.86B | $967M | $3,366M | $4,989M | $9,684M | $13,370M |
| Consumer Discretionary | 14 | $35.16B | $405M | -$39M | -$334M | -$1,703M | -$2,363M |
| Materials | 10 | $14.41B | -$18M | -$90M | $191M | $2,878M | $2,204M |
| Real Estate | 53 | $95.92B | -$285M | -$652M | $249M | $5,790M | $8,971M |
| Consumer Staples | 14 | $28.72B | -$384M | -$779M | -$1,087M | -$2,098M | -$2,738M |
| Utilities | 11 | $38.47B | -$754M | -$1,538M | $210M | -$157M | $613M |
| Energy | 34 | $71.90B | -$811M | $1,227M | $2,323M | $9,406M | $9,181M |
| Financials | 36 | $102.44B | -$822M | -$941M | -$6,346M | -$5,083M | -$7,065M |
| Communication Services | 7 | $29.56B | -$943M | -$125M | $458M | -$3,291M | -$2,641M |
| Industrial | 30 | $78.57B | -$1,324M | -$3,234M | -$3,060M | $10,414M | $12,388M |
Top & Bottom 5 ETFs by 5-Day Flow
Semiconductor-focused funds drove the bulk of weekly inflows, with SMH gathering $1,819M and SOXX adding $1,282M, reinforcing the Information Technology category’s lead despite its weak weekly price performance. Broader technology exposure also saw demand through VGT and XLK, which took in $663M and $605M respectively. On the redemption side, XLC led outflows at -$999M even after posting one of the week’s strongest price gains, while XLF shed $797M. These patterns suggest investors used strength in Communication Services to take profits while rotating into technology hardware exposure.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SMH | VanEck Semiconductor ETF | $1,819M |
| SOXX | iShares Semiconductor ETF | $1,282M |
| VGT | Vanguard Information Technology ETF | $663M |
| XLV | State Street Health Care Select Sector SPDR ETF | $625M |
| XLK | State Street Technology Select Sector SPDR ETF | $605M |
| Outflows | ||
| XLC | State Street Communication Services Select Sector SPDR ETF | -$999M |
| XLF | State Street Financial Select Sector SPDR ETF | -$797M |
| XLI | State Street Industrial Select Sector SPDR ETF | -$791M |
| XLU | State Street Utilities Select Sector SPDR ETF | -$666M |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | -$619M |
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: PBCS ($73M).
Issuer League Table Update
SPDR remains the largest issuer in the channel by AUM with $435.14B and a 40.68% share, followed by Vanguard at $258.50B and 24.17% share. Despite its size advantage, SPDR suffered the heaviest weekly outflows among issuers, losing $2,881M, likely tied to redemptions in its sector Select Sector SPDR lineup including XLC, XLF, and XLI. VanEck led all issuers in weekly inflows with $1,663M, driven largely by demand for its semiconductor exposure, while Vanguard and iShares also saw healthy inflows of $907M and $785M respectively. Invesco and First Trust rounded out the outflow leaders with more modest redemptions of $315M and $89M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $435.14B | 40.68% |
| Vanguard | 12 | $258.50B | 24.17% |
| iShares | 48 | $181.41B | 16.96% |
| VanEck | 20 | $63.37B | 5.92% |
| Fidelity | 12 | $40.53B | 3.79% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| VanEck | $1,663M |
| Vanguard | $907M |
| iShares | $785M |
| Outflows | |
| SPDR | -$2,881M |
| Invesco | -$315M |
| First Trust | -$89M |
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.
