Weekly Channel Summary
The Commodity ETF channel finished the week with $345 Billion in assets across 70 ETFs and 28 issuers. The channel brought in $3.09 Billion in net flows over the past 5 days, pushing the year-to-date total to $56.29 Billion.
This Week’s Performance Leaders and Laggards
Precious Metals was the top-performing category this week, posting a strong gain of 6.59%. On the other side, Shipping Freight lagged significantly, dropping -6.35% for the week.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 6.59% | 19.21% | 31.02% | 50.82% | 95.12% | 92.67% |
| Industrial Metals | 4.87% | 11.55% | 20.45% | 22.56% | 38.08% | 35.63% |
| Multi-Sector | 2.68% | 3.26% | 4.56% | 10.54% | 16.71% | 17.71% |
| Agriculture | 1.75% | -0.49% | -0.92% | -1.71% | -5.01% | -4.05% |
| Carbon Credits | 1.54% | 5.73% | 9.98% | 18.59% | 15.36% | 19.04% |
| Energy | 0.74% | -3.21% | -9.07% | -7.02% | -10.86% | -7.78% |
| Shipping Freight | -6.35% | -7.61% | 22.31% | 73.81% | 77.34% | 75.54% |
Top & Bottom 5 ETFs by Weekly Performance
The PPLT was the best-performing ETF this week, surging 17.32%. The BWET and USE were the worst performers, dropping -13.73% and -4.03%, respectively.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| PPLT | abrdn Physical Platinum Shares ETF | 17.32% |
| PLTM | GraniteShares Platinum Trust | 17.32% |
| SLV | iShares Silver Trust | 9.71% |
| SIVR | abrdn Physical Silver Shares ETF | 9.71% |
| PALL | abrdn Physical Palladium Shares ETF | 8.43% |
| Bottom Performers | ||
| BWET | Breakwave Tanker Shipping ETF | -13.73% |
| USE | USCF Energy Commodity Strategy Absolute Return Fund | -4.03% |
| UGA | United States Gasoline Fund LP | -0.36% |
| OILK | ProShares K-1 Free Crude Oil ETF of Benef Interest | 0.32% |
| USL | United States 12 Month Oil Fund LP | 0.33% |
Analyzing the Weekly Flows
The channel attracted $3.09 Billion in net inflows this week. Precious Metals gathered the most capital, with $2.994 Billion in inflows, while Carbon Credits experienced the most significant outflows, losing -$56 Million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Precious Metals | 16 | $323.83B | $2,994M | $8,545M | $17,741M | $53,525M | $53,513M |
| Multi-Sector | 25 | $17.08B | $131M | $388M | $873M | $2,825M | $2,856M |
| Industrial Metals | 4 | $0.62B | $19M | $92M | $177M | $246M | $245M |
| Energy | 11 | $2.10B | $8M | $189M | $91M | ($261M) | ($442M) |
| Shipping Freight | 2 | $0.04B | $0M | ($5M) | ($13M) | ($24M) | ($24M) |
| Agriculture | 8 | $1.02B | ($5M) | ($28M) | ($45M) | $15M | $19M |
| Carbon Credits | 4 | $0.31B | ($56M) | $4M | ($19M) | ($39M) | ($41M) |
Top & Bottom 5 ETFs by 5-Day Flow
The GLD led all ETFs with significant inflows this week. The IAUM and GLDM saw the largest outflows.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| GLD | SPDR Gold Shares | $2,619M |
| SLV | iShares Silver Trust | $657M |
| IAU | iShares Gold Trust | $117M |
| HGER | Harbor Commodity All-Weather Strategy ETF | $44M |
| UNG | United States Natural Gas Fund LP | $42M |
| Outflows | ||
| IAUM | iShares Gold Trust Micro ETF of Benef Interest | ($262M) |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | ($218M) |
| KRBN | KraneShares Global Carbon Strategy ETF | ($56M) |
| USO | United States Oil Fund LP | ($35M) |
| OILK | ProShares K-1 Free Crude Oil ETF of Benef Interest | ($3M) |
Issuer League Table Update
SPDR and iShares continue to dominate the landscape, with SPDR controlling 52.55% of the market share and iShares 33.97%. SPDR also gathered the most inflows this week, adding $2.402 Billion.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $181.30B | 52.55% |
| iShares | 7 | $117.18B | 33.97% |
| aberdeen | 7 | $22.73B | 6.59% |
| Invesco | 9 | $7.31B | 2.12% |
| VanEck | 3 | $2.63B | 0.76% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| SPDR | $2,402M |
| iShares | $518M |
| aberdeen | $116M |
| Outflows | |
| KraneShares | ($56M) |
| Teucrium | ($5M) |
| ProShares | ($3M) |
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. The information contained herein is not an offer to sell or a solicitation of an offer to buy any security. This material is not intended to be a complete description of the securities, markets or developments referred to in the material. All expressions of opinion are subject to change without notice. This material is not intended to be a guarantee of future events or of the future performance of any security.
This analysis was developed by the team at ETF Action. ETF Action is not affiliated with the issuers of the ETFs mentioned. The data used in this report is sourced from ETF Action’s proprietary database and other reliable sources. While we believe the data to be accurate, we do not guarantee its accuracy or completeness.
