Weekly Channel Summary
The Sector & Industry channel, comprising 281 ETFs from 59 issuers, holds approximately $1.09 trillion in assets under management. This week, the channel experienced significant net outflows totaling $3.03 billion. Despite the weekly withdrawal, year-to-date inflows remain robust at $58.94 billion, contributing to a one-year total of $77.87 billion.
This Week’s Performance Leaders and Laggards
Energy was the standout performer this week, surging 7.56% and extending its year-to-date lead to an impressive 40.32%. Most other sectors saw modest gains, with Utilities and Communication Services rising 1.59% and 1.36%, respectively. On the other end of the spectrum, Consumer Discretionary was the weakest category, declining by 1.32% for the week.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Energy | 7.56% | 8.54% | 6.51% | 15.74% | 40.32% | 49.72% |
| Utilities | 1.59% | -3.02% | -0.65% | -3.47% | 5.07% | 5.91% |
| Communication Services | 1.36% | 0.84% | -3.50% | -0.34% | -3.12% | 3.71% |
| Financials | 1.13% | 3.55% | 14.19% | 13.69% | 9.69% | 15.17% |
| Information Technology | 1.05% | 2.59% | 5.57% | 38.37% | 40.70% | 56.44% |
| Industrial | 0.99% | 5.68% | 8.69% | 7.10% | 19.50% | 26.49% |
| Consumer Staples | 0.97% | 3.08% | 1.94% | -2.59% | 11.90% | 7.96% |
| Health Care | 0.73% | 5.23% | 15.06% | 10.86% | 12.48% | 34.18% |
| Real Estate | 0.12% | 0.96% | 3.96% | 5.67% | 13.98% | 15.81% |
| Materials | -0.50% | 4.20% | 1.74% | -0.33% | 17.08% | 20.43% |
| Consumer Discretionary | -1.32% | 2.02% | 0.68% | 2.47% | 0.06% | 4.03% |
Top & Bottom 5 ETFs by Weekly Performance
Reflecting the category’s dominance, Energy-focused funds captured all of the top performance spots for the week. The WEBs Energy XLE Defined Volatility ETF (DVXE) led the pack with a 10.30% gain, closely followed by funds like the Invesco Dorsey Wright Energy Momentum ETF (PXI). Conversely, funds tied to travel and retail struggled, with the U.S. Global Jets ETF (JETS) falling 3.01%. The State Street SPDR S&P Retail ETF (XRT) also saw a notable decline of 2.06%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| DVXE | WEBs Energy XLE Defined Volatility ETF | 10.30% |
| PXI | Invesco Dorsey Wright Energy Momentum ETF | 10.02% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 9.65% |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 9.57% |
| PXJ | Invesco Oil & Gas Services ETF | 9.35% |
| Bottom Performers | ||
| JETS | U.S. Global Jets ETF | -3.01% |
| PEZ | Invesco Dorsey Wright Consumer Cyclicals Momentum ETF | -2.24% |
| XRT | State Street SPDR S&P Retail ETF | -2.06% |
| TRUD | VanEck Consumer Discretionary TruSector ETF | -2.01% |
| GXPD | Global X PureCap MSCI Consumer Discretionary ETF | -1.87% |
Analyzing the Weekly Flows
Investors pulled a net $3.03 billion from Sector & Industry ETFs over the past week. The Information Technology category bore the brunt of these withdrawals, experiencing outflows of $1.59 billion. Financials also saw significant redemptions, with investors withdrawing $921 million. Bucking the trend, Health Care funds attracted the most new capital, bringing in $315 million, followed by Materials with $185 million in net inflows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Health Care | 33 | $108.90B | $315M | $2,732M | $5,126M | $5,174M | $10,363M |
| Materials | 11 | $13.79B | $185M | -$184M | $428M | $2,880M | $2,805M |
| Consumer Staples | 14 | $26.04B | $95M | $457M | -$224M | -$1,040M | -$2,081M |
| Real Estate | 55 | $96.12B | $93M | $864M | $4,399M | $5,567M | $9,073M |
| Utilities | 12 | $35.65B | -$153M | $97M | $375M | -$494M | $1,521M |
| Communication Services | 8 | $28.81B | -$164M | -$651M | -$1,498M | -$3,845M | -$3,105M |
| Energy | 33 | $66.81B | -$168M | -$672M | -$5,339M | $6,984M | $5,736M |
| Consumer Discretionary | 15 | $32.53B | -$317M | $613M | $1,100M | -$1,507M | -$910M |
| Industrial | 31 | $91.31B | -$406M | $186M | $2,624M | $13,426M | $18,428M |
| Financials | 35 | $105.96B | -$921M | $2,463M | $4,227M | $581M | -$599M |
| Information Technology | 34 | $485.78B | -$1,593M | -$1,605M | $15,538M | $31,213M | $36,641M |
Top & Bottom 5 ETFs by 5-Day Flow
Despite broad outflows from the technology sector, the Vanguard Information Technology ETF (VGT) was the week’s top asset gatherer, securing $410 million in new assets. On the other hand, redemptions were heavily concentrated in just a few large funds. The iShares Semiconductor ETF (SOXX) experienced the largest withdrawal, shedding $1.42 billion, while the State Street Financial Select Sector SPDR ETF (XLF) saw outflows of $1.00 billion.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VGT | Vanguard Information Technology ETF | $410M |
| XLB | State Street Materials Select Sector SPDR ETF | $189M |
| SOXQ | Invesco PHLX Semiconductor ETF | $189M |
| XBI | State Street SPDR S&P Biotech ETF | $150M |
| KRE | State Street SPDR S&P Regional Banking ETF | $135M |
| Outflows | ||
| SOXX | iShares Semiconductor ETF | -$1,416M |
| XLF | State Street Financial Select Sector SPDR ETF | -$1,001M |
| XLK | State Street Technology Select Sector SPDR ETF | -$571M |
| XLI | State Street Industrial Select Sector SPDR ETF | -$352M |
| SMH | VanEck Semiconductor ETF | -$348M |
Issuer League Table Update
SPDR and Vanguard continue to dominate the Sector & Industry channel, commanding 40.21% and 25.38% of the market share, respectively. This week, Invesco led all issuers in asset gathering, attracting $375 million in net inflows. In contrast, SPDR experienced the largest outflows, with redemptions totaling $2.13 billion, followed by iShares which saw $1.25 billion in withdrawals.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $439.01B | 40.21% |
| Vanguard | 12 | $277.12B | 25.38% |
| iShares | 48 | $201.00B | 18.41% |
| VanEck | 20 | $76.77B | 7.03% |
| Invesco | 44 | $36.99B | 3.39% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Invesco | $375M |
| Vanguard | $353M |
| Cohen & Steers | $22M |
| Outflows | |
| SPDR | -$2,131M |
| iShares | -$1,246M |
| VanEck | -$378M |
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.
