Weekly Channel Summary
The Commodity ETF channel currently holds a total of $373.66B in Assets Under Management (AUM) across 71 ETFs, managed by 28 issuers. For the week, the channel experienced positive 5-Day Flows of $1.45B, bringing the Year-to-Date (YTD) net flows to $0.71B.
This Week’s Performance Leaders and Laggards
Shipping Freight was the top-performing category this week, returning +6.94%, followed closely by Energy with a +5.56% gain. Precious Metals lagged the channel, ending the week down -3.79%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Shipping Freight | +6.94% | +33.45% | +193.65% | +378.16% | +447.53% | +770.24% |
| Energy | +5.56% | +12.41% | +48.51% | +50.79% | +59.41% | +58.45% |
| Multi-Sector | +1.57% | +5.54% | +21.56% | +31.13% | +29.92% | +43.82% |
| Carbon Credits | +1.29% | +2.21% | +4.54% | -5.58% | -10.58% | +7.37% |
| Agriculture | -0.02% | +3.79% | +8.48% | +7.61% | +9.42% | +2.88% |
| Industrial Metals | -0.22% | +1.55% | +8.12% | +24.64% | +11.55% | +42.66% |
| Precious Metals | -3.79% | -5.40% | -7.36% | +18.86% | +3.71% | +64.41% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing individual ETF this week was the United States Oil Fund LP (USO), surging +10.11%. Conversely, the worst-performing ETFs were GraniteShares Gold Shares (BAR) and SPDR Gold Shares (GLD), which both declined by -4.51%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| USO | United States Oil Fund LP | +10.11% |
| BNO | United States Brent Oil Fund LP | +7.92% |
| DBO | Invesco DB Oil Fund | +7.76% |
| BDRY | Breakwave Dry Bulk Shipping ETF | +7.41% |
| UNG | United States Natural Gas Fund LP | +6.74% |
| Bottom Performers | ||
| BAR | GraniteShares Gold Shares | -4.51% |
| GLD | SPDR Gold Shares | -4.51% |
| IAU | iShares Gold Trust | -4.51% |
| FGDL | Franklin Responsibly Sourced Gold ETF | -4.50% |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | -4.50% |
Analyzing the Weekly Flows
The Commodity ETF channel generated $1.45B in net inflows over the past week. The Precious Metals category led asset gathering by securing $1,304M in 5-day flows. Meanwhile, Energy ETFs saw the largest category outflows, losing ($65M).
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Precious Metals | 16 | $339.15B | $1,304M | ($1,403M) | ($10,161M) | ($4,899M) | $34,467M |
| Multi-Sector | 27 | $26.04B | $121M | $691M | $1,994M | $3,300M | $5,338M |
| Industrial Metals | 4 | $1.24B | $61M | $82M | ($106M) | $438M | $738M |
| Agriculture | 8 | $2.69B | $31M | $535M | $1,515M | $1,523M | $1,457M |
| Carbon Credits | 3 | $0.25B | $0M | $3M | ($8M) | ($19M) | ($20M) |
| Shipping Freight | 2 | $0.09B | ($2M) | ($10M) | ($8M) | ($6M) | ($63M) |
| Energy | 11 | $4.20B | ($65M) | ($526M) | $370M | $376M | $678M |
Top & Bottom 5 ETFs by 5-Day Flow
SPDR Gold Shares (GLD) attracted the most capital over the past five days with $523M in net inflows. On the other end, iShares Gold Trust (IAU) and Invesco DB Commodity Index Tracking Fund (DBC) experienced the largest outflows at ($53M) and ($48M), respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| GLD | SPDR Gold Shares | $523M |
| SLV | iShares Silver Trust | $468M |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | $251M |
| COMT | iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF | $63M |
| CPER | United States Copper Index Fund | $51M |
| Outflows | ||
| IAU | iShares Gold Trust | ($53M) |
| DBC | Invesco DB Commodity Index Tracking Fund | ($48M) |
| BNO | United States Brent Oil Fund LP | ($42M) |
| UNG | United States Natural Gas Fund LP | ($28M) |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | ($18M) |
Issuer League Table Update
SPDR and iShares dominate the Commodity ETF landscape, representing the top two issuers by market share at 50.59% and 33.50%, respectively. Both issuers also gathered the most weekly inflows, capturing $768M and $519M over the past five days.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $189.02B | 50.59% |
| iShares | 7 | $125.16B | 33.50% |
| aberdeen | 7 | $23.63B | 6.32% |
| Invesco | 9 | $11.20B | 3.00% |
| US Commodity Funds | 8 | $4.71B | 1.26% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $768M |
| iShares | $519M |
| aberdeen | $91M |
| Outflows | |
| Invesco | ($38M) |
| US Commodity Funds | ($30M) |
| First Trust | ($17M) |
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.
