Weekly Channel Summary
The Commodity ETF channel, managing $302.39 billion across 71 funds and 28 issuers, saw robust activity this past week. Investors allocated a net $1.53 billion to the space, contributing to a substantial Year-to-Date inflow total of $47.23 billion.
This Week’s Performance Leaders and Laggards
Precious Metals led category performance this week with a strong 4.65% return, closely followed by Carbon Credits at 4.34%. On the downside, Shipping Freight was the only category to post a significant loss, declining by 2.60% for the week.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 4.65% | 4.52% | 24.49% | 36.74% | 63.33% | 58.72% |
| Carbon Credits | 4.34% | 6.60% | 13.42% | – | – | – |
| Industrial Metals | 3.70% | 2.02% | 13.77% | 18.40% | 25.16% | 21.99% |
| Multi-Sector | 2.31% | 1.27% | 5.12% | 11.81% | 13.77% | 15.07% |
| Agriculture | 2.04% | 0.75% | -3.70% | -1.89% | -1.52% | 0.52% |
| Energy | 1.03% | -1.58% | -2.24% | 3.56% | -6.19% | -0.17% |
| Shipping Freight | -2.60% | 24.03% | 78.31% | 112.53% | 129.94% | 102.19% |
Top & Bottom 5 ETFs by Weekly Performance
SIVR was the standout performer for the week, delivering a 10.23% return. Conversely, BWET and UNL struggled, declining by 2.60% and 0.95% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SIVR | abrdn Physical Silver Shares ETF | 10.23% |
| SLV | iShares Silver Trust | 10.21% |
| PPLT | abrdn Physical Platinum Shares ETF | 7.74% |
| PLTM | GraniteShares Platinum Trust | 7.74% |
| TMET | iShares Transition-Enabling Metals ETF | 5.97% |
| Bottom Performers | ||
| BWET | Breakwave Tanker Shipping ETF | -2.60% |
| UNL | United States 12 Month Natural Gas Fund LP | -0.95% |
| DBE | Invesco DB Energy Fund | -0.03% |
| BCIM | abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF | 0.47% |
| UGA | United States Gasoline Fund LP | 0.47% |
Analyzing the Weekly Flows
The channel attracted $1.53 billion in total net flows. Precious Metals absorbed the vast majority of this capital, pulling in $1.46 billion. In contrast, Industrial Metals experienced the most notable outflows, shedding $12 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Precious Metals | 17 | $281.51B | $1,459M | $1,851M | $19,657M | $45,099M | $44,349M |
| Multi-Sector | 25 | $17.00B | $84M | $293M | $609M | $2,455M | $2,192M |
| Energy | 11 | $1.98B | $7M | ($152M) | ($193M) | ($449M) | ($919M) |
| Carbon Credits | 4 | $0.30B | $0M | ($9M) | ($32M) | ($43M) | ($157M) |
| Shipping Freight | 2 | $0.04B | $0M | ($3M) | ($8M) | ($19M) | ($6M) |
| Agriculture | 8 | $1.06B | ($3M) | $9M | $12M | $43M | $43M |
| Industrial Metals | 4 | $0.48B | ($12M) | ($3M) | $82M | $143M | $123M |
Top & Bottom 5 ETFs by 5-Day Flow
GLD led all individual funds with $645 million in new inflows. UNG and SIVR saw the heaviest outflows, losing $38 million and $33 million respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| GLD | SPDR Gold Shares | $645M |
| SLV | iShares Silver Trust | $560M |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | $89M |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | $81M |
| PPLT | abrdn Physical Platinum Shares ETF | $70M |
| Outflows | ||
| UNG | United States Natural Gas Fund LP | ($38M) |
| SIVR | abrdn Physical Silver Shares ETF | ($33M) |
| BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | ($20M) |
| DBC | Invesco DB Commodity Index Tracking Fund | ($11M) |
| CPER | United States Copper Index Fund | ($11M) |
Issuer League Table Update
SPDR and iShares continue to dominate the landscape, holding the top two spots for market share. SPDR also led the field in asset gathering, securing the most weekly inflows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $163.18B | 53.97% |
| iShares | 7 | $98.23B | 32.49% |
| abrdn | 8 | $17.99B | 5.95% |
| Invesco | 9 | $7.23B | 2.39% |
| VanEck | 3 | $2.43B | 0.80% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $725M |
| iShares | $556M |
| abrdn | $133M |
| Outflows | |
| US Commodity Funds | ($13M) |
| KraneShares | $0M |
| Amplify | $0M |
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, a recommendation, or an offer to buy or sell any securities. All investments involve risk, including the loss of principal. Past performance is not a guarantee of future results. The views expressed are those of ETF Action and are subject to change at any time based on market and other conditions.
This analysis was developed by the team at ETF Action, utilizing their proprietary platform and data. ETF Action is a data analytics, technology, and research platform designed for financial professionals. For more information, please visit www.etfaction.com.
