Weekly Channel Summary
The Sector & Industry channel encompasses 282 ETFs from 59 issuers, with total assets under management of $1.085 trillion. This week, the channel experienced significant net outflows totaling $6.41 billion, a sharp reversal from recent trends. This withdrawal contrasts with the substantial inflows seen year-to-date, which stand at $54.64 billion. Over the past year, investors have added a robust $75.14 billion to the channel.
This Week’s Performance Leaders and Laggards
Energy sector funds led performance this week, gaining 3.25% and extending their year-to-date lead to an impressive 35.06%. Industrial and Utilities funds also posted solid gains, rising 2.39% and 2.33% respectively. On the other end of the spectrum, Consumer Discretionary was the worst-performing category, falling 4.97% for the week. Communication Services funds also struggled, declining by 4.05% and remaining negative on a year-to-date basis.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Energy | 3.25% | 11.10% | 4.47% | 22.91% | 35.06% | 40.87% |
| Industrial | 2.39% | 1.14% | 6.18% | 6.01% | 14.86% | 20.53% |
| Utilities | 2.33% | 1.47% | 0.71% | 9.76% | 9.58% | 12.56% |
| Materials | 1.59% | -0.31% | -1.88% | 2.10% | 13.32% | 15.67% |
| Real Estate | 0.85% | 3.95% | 6.71% | 13.90% | 16.53% | 15.19% |
| Health Care | 0.20% | 4.87% | 12.71% | 6.01% | 8.58% | 29.48% |
| Information Technology | 0.09% | -4.83% | 9.66% | 26.29% | 31.44% | 51.15% |
| Financials | -0.07% | 4.53% | 9.88% | 7.95% | 6.08% | 11.81% |
| Consumer Staples | -1.23% | -0.35% | 1.27% | 2.62% | 9.34% | 6.14% |
| Communication Services | -4.05% | -0.39% | -7.72% | -8.22% | -8.53% | 0.48% |
| Consumer Discretionary | -4.97% | -4.55% | -6.81% | -9.80% | -6.94% | -0.47% |
Top & Bottom 5 ETFs by Weekly Performance
The SonicShares Global Shipping ETF (BOAT) was the top individual performer, climbing 5.72% for the week. Several energy and industrial funds also posted strong results, including the Gabelli Commercial Aerospace and Defense ETF (GCAD), which gained 4.71%. Conversely, funds employing defined volatility strategies within struggling sectors saw the largest declines. The WEBs Consumer Discretionary XLY Defined Volatility ETF (DVXY) fell 7.67%, followed closely by the WEBs Communication Services XLC Defined Volatility ETF (DVXC) with a 7.40% loss.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BOAT | SonicShares Global Shipping ETF | 5.72% |
| DVXE | WEBs Energy XLE Defined Volatility ETF | 4.78% |
| PBOG | Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF | 4.77% |
| GCAD | Gabelli Commercial Aerospace and Defense ETF | 4.71% |
| PXJ | Invesco Oil & Gas Services ETF | 4.49% |
| Bottom Performers | ||
| DVXY | WEBs Consumer Discretionary XLY Defined Volatility ETF | -7.67% |
| DVXC | WEBs Communication Services XLC Defined Volatility ETF | -7.40% |
| GXPD | Global X PureCap MSCI Consumer Discretionary ETF | -6.28% |
| TRUD | VanEck Consumer Discretionary TruSector ETF | -6.27% |
| GXPC | Global X PureCap MSCI Communication Services ETF | -6.27% |
Analyzing the Weekly Flows
Sector & Industry ETFs saw net outflows of $6.41 billion, driven primarily by a massive retreat from technology. The Information Technology category was the main source of the redemptions, shedding a staggering $5.56 billion. Financials also experienced significant withdrawals, with investors pulling $1.05 billion from the category. Bucking the trend, Energy funds attracted the most new capital with $425 million in net inflows, followed by Consumer Staples with $345 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Energy | 33 | $67.83B | $425M | -$1,654M | -$3,233M | $7,942M | $5,675M |
| Consumer Staples | 14 | $26.41B | $345M | $798M | -$470M | -$1,090M | -$1,853M |
| Real Estate | 56 | $97.68B | $232M | $1,564M | $4,675M | $5,037M | $8,801M |
| Materials | 11 | $14.25B | $174M | $51M | $908M | $3,210M | $3,201M |
| Health Care | 33 | $104.79B | $128M | $3,675M | $2,248M | $3,377M | $7,832M |
| Utilities | 12 | $39.58B | -$166M | $375M | -$750M | -$688M | $2,126M |
| Communication Services | 8 | $30.57B | -$272M | -$289M | -$1,365M | -$3,398M | -$1,931M |
| Consumer Discretionary | 15 | $32.26B | -$310M | $356M | -$216M | -$2,230M | -$2,175M |
| Industrial | 31 | $88.36B | -$351M | $679M | $1,426M | $12,614M | $18,502M |
| Financials | 35 | $103.87B | -$1,049M | $4,052M | $2,155M | -$402M | -$1,661M |
| Information Technology | 34 | $479.58B | -$5,564M | $7,176M | $16,335M | $30,264M | $36,624M |
Top & Bottom 5 ETFs by 5-Day Flow
Despite broad outflows, defensive sectors saw some interest, with the State Street Health Care Select Sector SPDR ETF (XLV) leading all funds with $361 million in net inflows. The State Street Consumer Staples Select Sector SPDR ETF (XLP) also gathered significant assets, pulling in $314 million. Redemptions were heavily concentrated in technology funds, particularly those focused on semiconductors. The iShares Semiconductor ETF (SOXX) experienced the largest outflow at $2.78 billion, while the iShares Expanded Tech-Software Sector ETF (IGV) and VanEck Semiconductor ETF (SMH) shed $1.23 billion and $1.11 billion, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| XLV | State Street Health Care Select Sector SPDR ETF | $361M |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | $314M |
| XLK | State Street Technology Select Sector SPDR ETF | $276M |
| IYH | iShares U.S. Healthcare ETF | $258M |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | $156M |
| Outflows | ||
| SOXX | iShares Semiconductor ETF | -$2,780M |
| IGV | iShares Expanded Tech-Software Sector ETF | -$1,228M |
| SMH | VanEck Semiconductor ETF | -$1,105M |
| KRE | State Street SPDR S&P Regional Banking ETF | -$664M |
| IXN | iShares Global Tech ETF | -$514M |
Issuer League Table Update
SPDR and Vanguard continue to dominate the Sector & Industry channel, commanding 38.96% and 24.29% of the market share, respectively. Despite the channel’s overall negative flows, Vanguard managed to attract $187 million in net new assets for the week. Conversely, iShares bore the brunt of the week’s redemptions, seeing a substantial outflow of $4.06 billion. SPDR and VanEck also faced significant withdrawals, with outflows exceeding $1 billion for each issuer.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $422.83B | 38.96% |
| Vanguard | 12 | $263.59B | 24.29% |
| iShares | 49 | $191.36B | 17.63% |
| VanEck | 20 | $74.00B | 6.82% |
| Fidelity | 12 | $39.26B | 3.62% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $187M |
| Fidelity | $28M |
| Davis | $20M |
| Outflows | |
| iShares | -$4,055M |
| SPDR | -$1,051M |
| VanEck | -$1,020M |
For a deeper dive into these trends, access our FREE, in-depth Sector & Industry 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.
