Weekly Channel Summary
The Sector & Industry ETF channel currently manages $875B in total assets across 266 ETFs from 54 unique issuers. The past week saw significant investor activity, with the channel attracting $5.62B in net inflows. This strong weekly performance brings the Year-to-Date (YTD) flow total to $20.53B, illustrating a substantial reversal compared to the broader 1-year flow figure of $16.62B. Market concentration remains high, with the top brands continuing to dictate the flow dynamics of the sector landscape.
This Week’s Performance Leaders and Laggards
Performance was mixed across the sector landscape this week. Materials emerged as the top-performing category with a WTD return of 0.64%, followed closely by Financials. Conversely, the Energy sector was the primary laggard, dropping -3.51% on the week. Despite this week’s dip, Energy remains positive for the year at 4.40% YTD, though it significantly trails the high-flying Information Technology and Communication Services sectors.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Materials | 0.64% | 8.69% | 3.08% | 13.64% | 16.25% | 16.35% |
| Financials | 0.43% | 8.12% | 2.70% | 13.41% | 16.75% | 18.61% |
| Health Care | 0.34% | 3.63% | 14.37% | 22.37% | 19.61% | 20.27% |
| Consumer Discretionary | 0.31% | 8.79% | 0.27% | 12.88% | 8.67% | 7.91% |
| Industrial | 0.16% | 5.73% | 2.74% | 16.30% | 24.81% | 25.49% |
| Information Technology | 0.11% | 4.53% | 4.49% | 23.61% | 27.80% | 28.43% |
| Comm Services | -0.02% | 5.51% | -1.77% | 14.00% | 22.68% | 22.04% |
| Real Estate | -0.56% | 0.50% | -1.75% | 0.98% | 4.06% | 6.33% |
| Utilities | -0.68% | -3.10% | 0.40% | 7.24% | 15.75% | 17.06% |
| Consumer Staples | -0.82% | 2.58% | -1.27% | -1.70% | -0.07% | -0.64% |
| Energy | -3.51% | -1.88% | 2.97% | 4.93% | 4.40% | 9.18% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF this week was the PBEU (Portfolio Building Block European Banks Index ETF), which surged 4.09%. On the other end of the spectrum, energy-focused funds dominated the laggards list, led by PXE (Invesco Energy Exploration & Production ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF), which fell -5.70% and -5.43% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| PBEU | Portfolio Building Block European Banks Index ETF | 4.09% |
| EUFN | iShares MSCI Europe Financials ETF | 3.34% |
| PBE | Invesco Biotechnology & Genome ETF | 2.63% |
| ITA | iShares U.S. Aerospace & Defense ETF | 2.25% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 2.22% |
| Bottom Performers | ||
| PXE | Invesco Energy Exploration & Production ETF | -5.70% |
| DVXE | WEBs Energy XLE Defined Volatility ETF | -5.43% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | -4.80% |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | -4.80% |
| OIH | VanEck Oil Services ETF | -4.77% |
Analyzing the Weekly Flows
The channel experienced a total net inflow of $5.61B this week, heavily concentrated in the Technology space. The Information Technology category led all groups with a massive $4,154M in net flows, currently boasting a total AUM of $337.6B. Communication Services also saw significant interest with $1,844M in new assets. Conversely, the Financials category faced the stiffest headwind, posting weekly net outflows of -$585M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Information Technology | 32 | $337.6B | $4,154M | $3,293M | $5,017M | $13,080M | $11,555M |
| Comm Services | 7 | $37.4B | $1,844M | $2,600M | $1,050M | $5,297M | $5,057M |
| Industrial | 28 | $65.8B | $724M | $2,283M | $2,802M | $6,756M | $6,786M |
| Real Estate | 52 | $82.3B | $387M | $2,407M | $2,815M | $3,751M | $3,492M |
| Consumer Discretionary | 15 | $36.2B | $68M | $434M | ($674M) | ($1,939M) | ($3,157M) |
| Health Care | 32 | $96.5B | $63M | $1,707M | $6,645M | ($607M) | ($764M) |
| Materials | 10 | $9.9B | ($25M) | ($214M) | ($312M) | ($924M) | ($1,132M) |
| Utilities | 11 | $37.6B | ($94M) | $729M | $2,020M | $6,820M | $6,703M |
| Consumer Staples | 13 | $26.4B | ($406M) | ($592M) | ($639M) | ($1,093M) | ($1,337M) |
| Energy | 31 | $44.2B | ($519M) | ($352M) | ($214M) | ($10,347M) | ($10,416M) |
| Financials | 33 | $100.7B | ($585M) | ($1,002M) | ($3,708M) | ($271M) | ($164M) |
Top & Bottom 5 ETFs by 5-Day Flow
The SMH (VanEck Semiconductor ETF) was the top asset gatherer this week, pulling in $2,141M in net new money. Other notable inflows were seen in the XLC (State Street Communication Services Select Sector SPDR ETF). On the outflow side, the XLF (State Street Financial Select Sector SPDR ETF) saw the largest redemption at -$637M, followed closely by the XLE (State Street Energy Select Sector SPDR ETF) at -$620M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SMH | VanEck Semiconductor ETF | $2,141M |
| XLC | State Street Communication Services Select Sector SPDR ETF | $1,823M |
| SOXX | iShares Semiconductor ETF | $955M |
| XBI | State Street SPDR S&P Biotech ETF | $434M |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | $303M |
| Outflows | ||
| XLF | State Street Financial Select Sector SPDR ETF | -$637M |
| XLE | State Street Energy Select Sector SPDR ETF | -$620M |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | -$429M |
| XLV | State Street Health Care Select Sector SPDR ETF | -$349M |
| FXR | First Trust Industrials AlphaDEX Fund | -$202M |
Issuer League Table Update
State Street (SPDR) and Vanguard remain the dominant forces in the sector channel, controlling 41.87% and 25.46% of market share, respectively. VanEck was the standout issuer this week, gathering the most inflows with $2,179M in new assets. Among the top five issuers by AUM, First Trust saw the largest weekly redemptions at -$33M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 30 | $366.29B | 41.87% |
| Vanguard | 12 | $222.71B | 25.46% |
| iShares | 49 | $139.91B | 15.99% |
| VanEck | 11 | $41.90B | 4.79% |
| Fidelity | 12 | $33.30B | 3.81% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| VanEck | $2,179M |
| iShares | $1,132M |
| SPDR | $1,041M |
| Outflows | |
| First Trust | -$33M |
| Simplify | -$4M |
| FlexShares | -$3M |
For a deeper dive into these trends, access our FREE, in-depth 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.
