Weekly Channel Summary
The Commodity ETF Channel currently holds a total AUM of $322.43B across 71 ETFs managed by 28 issuers. Over the past 5 days, the channel experienced net flows of -$1,761M, bringing the total Year-to-Date (YTD) flow to -$4,166M.
This Week’s Performance Leaders and Laggards
Industrial Metals was the top-performing category this week with a WTD return of 0.32%. Precious Metals was the primary laggard, posting a WTD return of -4.88%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Industrial Metals | 0.32% | -3.55% | 3.17% | 18.97% | 10.87% | 39.36% |
| Carbon Credits | -0.55% | 3.96% | 12.72% | -5.32% | -7.55% | 11.82% |
| Agriculture | -1.04% | -8.61% | -3.82% | 1.93% | 3.07% | -2.13% |
| Multi-Sector | -2.02% | -8.37% | -1.58% | 21.70% | 20.61% | 30.11% |
| Shipping Freight | -2.17% | 3.49% | 115.39% | 366.57% | 492.88% | 1015.72% |
| Energy | -3.57% | -8.63% | -0.30% | 41.85% | 42.10% | 32.89% |
| Precious Metals | -4.88% | -13.42% | -19.59% | -3.30% | -6.25% | 34.19% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF for the week was the CPER (United States Copper Index Fund) with a WTD return of 2.57%. The two worst-performing ETFs were PLTM (GraniteShares Platinum Trust) and PPLT (abrdn Physical Platinum Shares ETF), both returning -8.25%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Performers | ||
| CPER | United States Copper Index Fund | 2.57% |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust ETF | 0.70% |
| WEAT | Teucrium Wheat Fund | 0.18% |
| UGA | United States Gasoline Fund LP | 0.17% |
| DBB | Invesco DB Base Metals Fund | 0.16% |
| Bottom 5 Performers | ||
| PLTM | GraniteShares Platinum Trust | -8.25% |
| PPLT | abrdn Physical Platinum Shares ETF | -8.25% |
| SLV | iShares Silver Trust | -7.76% |
| SIVR | abrdn Physical Silver Shares ETF | -7.75% |
| BNO | United States Brent Oil Fund LP | -6.14% |
Analyzing the Weekly Flows
The channel recorded total net outflows of -$1,761M. Energy attracted the most inflows across the channel with $191M, while Precious Metals experienced the most significant outflows totaling -$1,733M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Energy | 11 | $4.20B | $191M | $281M | -$485M | $688M | $959M |
| Carbon Credits | 3 | $0.26B | -$3M | -$5M | -$8M | -$24M | -$32M |
| Shipping Freight | 2 | $0.06B | -$5M | -$25M | -$42M | -$29M | -$90M |
| Industrial Metals | 4 | $1.19B | -$28M | $36M | -$64M | $439M | $721M |
| Multi-Sector | 27 | $24.64B | -$37M | $445M | $1,622M | $3,615M | $5,512M |
| Agriculture | 8 | $2.33B | -$145M | -$123M | $1,085M | $1,330M | $1,260M |
| Precious Metals | 16 | $289.74B | -$1,733M | -$4,976M | -$13,120M | -$10,185M | $26,789M |
Top & Bottom 5 ETFs by 5-Day Flow
The USO (United States Oil Fund LP) captured the highest inflows with $131M. The GLD (SPDR Gold Shares) and JAU (iShares Gold Trust) recorded the largest net outflows at -$873M and -$599M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Inflows | ||
| USO | United States Oil Fund LP | $131M |
| GLDM | SPDR Gold Minishares Trust | $60M |
| BNO | United States Brent Oil Fund LP | $50M |
| FTGC | First Trust Global Tactical Commodity Strategy Fund | $39M |
| HGER | Harbor Commodity All-Weather Strategy ETF | $31M |
| Top 5 Outflows | ||
| GLD | SPDR Gold Shares | -$873M |
| JAU | iShares Gold Trust | -$599M |
| SLV | iShares Silver Trust | -$111M |
| DBA | Invesco DB Agriculture Fund | -$67M |
| DBC | Invesco DB Commodity Index Tracking Fund | -$44M |
Issuer League Table Update
SPDR and iShares remain the top 2 issuers by market share, controlling 51.27% and 32.34% of the assets respectively. Despite their dominance in AUM, US Commodity Funds gathered the most weekly inflows across all issuers, adding $149M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $165.31B | 51.27% |
| iShares | 7 | $104.27B | 32.34% |
| aberdeen | 7 | $19.43B | 6.03% |
| Invesco | 9 | $10.46B | 3.24% |
| US Commodity Funds | 8 | $4.64B | 1.44% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Top 3 Inflows | |
| US Commodity Funds | $149M |
| First Trust | $39M |
| Harbor | $31M |
| Bottom 3 Outflows | |
| SPDR | -$796M |
| iShares | -$759M |
| aberdeen | -$152M |
For a deeper dive into these trends, access our FREE, in-depth Commodity 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.
