Weekly Channel Summary
The Commodity ETF channel, comprising 71 ETFs from 28 issuers, currently holds a total of $310 billion in Assets Under Management (AUM). The channel experienced significant inflows over the past week, gathering $4.22 billion. Year-to-date, the channel has attracted a total of $45.39 billion in new assets.
This Week’s Performance Leaders and Laggards
Precious Metals were the standout performers this week, posting a collective gain of 5.12%. In contrast, the Energy sector faced headwinds, declining by 1.09% and marking it as the week’s primary laggard. This divergence highlights a flight to safety in metals while energy-related commodities saw a downturn.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 5.12% | 18.43% | 26.33% | 40.06% | 64.56% | 55.64% |
| Multi-Sector | 0.99% | 0.86% | 3.25% | 7.27% | 11.09% | 12.66% |
| Industrial Metals | 0.82% | 6.03% | 3.78% | 13.28% | 19.07% | 12.98% |
| Carbon Credits | 0.60% | 3.25% | 14.49% | 22.41% | 10.78% | 10.51% |
| Agriculture | 0.02% | -3.16% | -2.92% | -7.48% | -6.20% | -6.51% |
| Shipping Freight | -0.05% | 4.59% | 26.95% | 43.79% | 51.58% | 2.25% |
| Energy | -1.09% | -6.98% | -7.71% | -2.20% | -9.53% | -4.12% |
Top & Bottom 5 ETFs by Weekly Performance
The week’s best individual performance came from the abrdn Physical Silver Shares ETF (SIVR), which rallied 6.57%. On the other end of the spectrum, the Teucrium Sugar Fund (CANE) and the United States Natural Gas Fund LP (UNG) were the notable laggards, falling 3.99% and 2.44% respectively.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| SIVR | abrdn Physical Silver Shares ETF | 6.57% |
| SLV | iShares Silver Trust | 6.56% |
| IAUM | iShares Gold Trust Micro ETF of Benef Interest | 6.30% |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | 6.30% |
| SGOL | abrdn Physical Gold Shares ETF | 6.29% |
| Bottom Performers | ||
| CANE | Teucrium Sugar Fund | -3.99% |
| UNG | United States Natural Gas Fund LP | -2.44% |
| BNO | United States Brent Oil Fund LP | -2.24% |
| USO | United States Oil Fund LP | -2.23% |
| DBO | Invesco DB Oil Fund | -2.22% |
Analyzing the Weekly Flows
The channel saw total net inflows of $4.22 billion over the past five days. The Precious Metals category was the primary driver of this activity, collecting over $4.28 billion. While the Energy and Industrial Metals categories saw modest inflows, several other segments experienced outflows, including Multi-Sector (-$134M), Agriculture (-$14M), and Carbon Credits (-$1M).
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Precious Metals | 17 | $289.73B | $4,283M | $13,260M | $22,667M | $43,481M | $43,869M |
| Energy | 11 | $1.96B | $73M | ($12M) | $141M | ($317M) | ($972M) |
| Industrial Metals | 4 | $0.46B | $11M | $61M | $91M | $132M | $107M |
| Carbon Credits | 4 | $0.32B | ($1M) | ($14M) | ($5M) | ($33M) | ($179M) |
| Shipping Freight | 2 | $0.04B | ($2M) | ($8M) | ($27M) | ($16M) | $4M |
| Agriculture | 8 | $1.06B | ($14M) | ($12M) | $12M | $37M | $59M |
| Multi-Sector | 25 | $16.34B | ($134M) | $311M | $513M | $2,107M | $1,794M |
Top & Bottom 5 ETFs by 5-Day Flow
The SPDR Gold Shares (GLD) led all ETFs, attracting over $2.8 billion in new assets. On the other side of the ledger, the SPDR Bloomberg Enhanced Roll Yield Commodity Strategy ETF (CERY) and the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) recorded the largest outflows, shedding $109 million and $68 million, respectively.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| GLD | SPDR Gold Shares | $2,817M |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | $603M |
| IAU | iShares Gold Trust | $540M |
| IAUM | iShares Gold Trust Micro ETF of Benef Interest | $123M |
| SIVR | abrdn Physical Silver Shares ETF | $106M |
| Outflows | ||
| CERY | SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | ($109M) |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | ($68M) |
| SLV | iShares Silver Trust | ($56M) |
| PPLT | abrdn Physical Platinum Shares ETF | ($15M) |
| PDBA | Invesco Agriculture Commodity Strategy No K-1 ETF | ($14M) |
Issuer League Table Update
The issuer landscape remains concentrated, with SPDR and iShares controlling 54.37% and 32.52% of the market share, respectively. SPDR also led the pack in weekly inflows, gathering an impressive $3.31 billion, further solidifying its dominant position in the commodity ETF space.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $168.49B | 54.37% |
| iShares | 7 | $100.79B | 32.52% |
| abrdn | 8 | $18.07B | 5.83% |
| Invesco | 9 | $7.10B | 2.29% |
| VanEck | 3 | $2.45B | 0.79% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| SPDR | $3,311M |
| iShares | $589M |
| abrdn | $136M |
| Outflows | |
| Invesco | -$70M |
| First Trust | -$10M |
| ProShares | -$6M |
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 data presented has been gathered from sources believed to be reliable; however, its accuracy cannot be guaranteed. Past performance is not indicative of future results. Investors should conduct their own due diligence before making any investment decisions.
This analysis was developed by the team at ETF Action, a data analytics and research platform designed for financial professionals. All data is as of October 17, 2025.
