Weekly Channel Summary
The Sector & Industry channel, comprising 279 ETFs from 58 issuers, holds approximately $1.07 trillion in total assets. This week, investors pulled a net $3.5 billion from the channel, marking a significant reversal of recent demand. Despite the weekly redemptions, sector funds have still attracted a substantial $55.4 billion year-to-date and $76.0 billion over the past year.
This Week’s Performance Leaders and Laggards
Performance was widely dispersed across sectors this week, with Health Care leading all categories with a 4.63% gain. This weekly strength adds to an already solid year for the category, which is up 17.90% year-to-date. In contrast, Industrials and Information Technology were the worst-performing groups, falling 4.53% and 3.78% respectively. Despite its weekly stumble, the Information Technology sector remains the top performer in 2026 with a 35.05% return.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Health Care | 4.63% | 9.02% | 19.84% | 16.06% | 17.90% | 38.40% |
| Energy | 2.72% | 8.54% | 7.74% | 17.49% | 44.16% | 52.62% |
| Materials | 2.13% | 7.64% | 7.28% | 2.20% | 19.60% | 22.75% |
| Consumer Staples | -0.23% | 2.10% | 2.21% | -1.14% | 11.65% | 6.85% |
| Consumer Discretionary | -0.26% | 2.59% | 0.23% | 1.12% | -0.23% | 5.26% |
| Real Estate | -0.29% | -1.25% | 2.49% | 5.12% | 13.65% | 13.92% |
| Communication Services | -1.43% | 0.80% | -4.04% | -3.64% | -4.52% | 3.70% |
| Financials | -1.54% | 2.00% | 11.18% | 10.22% | 7.91% | 14.17% |
| Utilities | -3.51% | -4.81% | -4.38% | -6.49% | 1.40% | 2.66% |
| Information Technology | -3.78% | 0.43% | 2.29% | 31.74% | 35.05% | 55.72% |
| Industrial | -4.53% | 1.96% | 5.30% | -0.17% | 14.11% | 21.59% |
Top & Bottom 5 ETFs by Weekly Performance
Biotechnology funds delivered standout returns, with the VanEck Biotech ETF (BBH) surging 10.63% to top the performance charts. Its peer, the iShares Biotechnology ETF (IBB), also posted a strong 7.72% gain. On the other end of the spectrum, technology and semiconductor funds faced a difficult week, led by a 10.00% decline in the Invesco Dorsey Wright Technology Momentum ETF (PTF). The Invesco Semiconductors ETF (PSI) also fell sharply, losing 9.22%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BBH | VanEck Biotech ETF | 10.63% |
| IBB | iShares Biotechnology ETF | 7.72% |
| IBBQ | Invesco Nasdaq Biotechnology ETF | 7.33% |
| SEA | U.S. Global Sea to Sky Cargo ETF | 7.32% |
| BOAT | SonicShares Global Shipping ETF | 7.09% |
| Bottom Performers | ||
| PTF | Invesco Dorsey Wright Technology Momentum ETF | -10.00% |
| PSI | Invesco Semiconductors ETF | -9.22% |
| PRN | Invesco Dorsey Wright Industrials Momentum ETF | -8.65% |
| XSD | State Street SPDR S&P Semiconductor ETF | -8.46% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | -8.08% |
Analyzing the Weekly Flows
Sector ETFs experienced net outflows of $3.5 billion, driven by significant redemptions from the two largest categories. The Financials sector saw the heaviest withdrawals, shedding nearly $2.5 billion, while Information Technology funds bled $833 million. Bucking the negative trend, Energy and Health Care funds attracted modest inflows. Energy led the way with $425 million in new assets, followed by Health Care with $227 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Energy | 33 | $69.56B | $425M | -$445M | -$4,333M | $7,409M | $6,412M |
| Health Care | 33 | $114.14B | $227M | $2,012M | $5,723M | $5,401M | $10,875M |
| Consumer Staples | 14 | $26.44B | $40M | $539M | -$510M | -$1,000M | -$2,102M |
| Industrial | 31 | $88.23B | $15M | $879M | $3,254M | $13,441M | $18,744M |
| Communication Services | 8 | $28.88B | -$44M | -$635M | -$1,821M | -$3,889M | -$2,581M |
| Materials | 11 | $13.83B | -$103M | -$254M | $382M | $2,777M | $2,940M |
| Utilities | 12 | $35.46B | -$196M | -$41M | $306M | -$690M | $1,190M |
| Consumer Discretionary | 13 | $32.00B | -$215M | $190M | $629M | -$1,776M | -$1,124M |
| Real Estate | 54 | $95.93B | -$333M | $291M | $3,970M | $5,235M | $8,988M |
| Information Technology | 34 | $466.52B | -$833M | -$6,008M | $13,162M | $30,380M | $34,966M |
| Financials | 35 | $101.98B | -$2,487M | -$1,368M | $2,227M | -$1,906M | -$2,298M |
Top & Bottom 5 ETFs by 5-Day Flow
A notable rotation occurred within semiconductor ETFs, which saw both the largest inflows and outflows of the week. The iShares Semiconductor ETF (SOXX) was the top asset gatherer, pulling in $669 million. In stark contrast, the VanEck Semiconductor ETF (SMH) experienced the largest redemption of any fund, with investors withdrawing nearly $1.7 billion. The State Street Financial Select Sector SPDR ETF (XLF) also faced heavy pressure, losing almost $1.6 billion.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SOXX | iShares Semiconductor ETF | $669M |
| XBI | State Street SPDR S&P Biotech ETF | $296M |
| XLE | State Street Energy Select Sector SPDR ETF | $277M |
| IXN | iShares Global Tech ETF | $272M |
| VGT | Vanguard Information Technology ETF | $186M |
| Outflows | ||
| SMH | VanEck Semiconductor ETF | -$1,688M |
| XLF | State Street Financial Select Sector SPDR ETF | -$1,581M |
| KRE | State Street SPDR S&P Regional Banking ETF | -$657M |
| XLV | State Street Health Care Select Sector SPDR ETF | -$416M |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -$222M |
Note: the following fund(s) were excluded from the flow totals above because the weekly flow exceeds 75% of the fund’s AUM and may be the result of a custom rebalance: XRT (-$285M).
Issuer League Table Update
SPDR and Vanguard continue to dominate the sector landscape, commanding 40.6% and 25.4% of the channel’s market share, respectively. iShares was the most successful asset gatherer this week, attracting $794 million in net inflows across its product suite. Meanwhile, SPDR saw the largest outflows among all issuers, with net redemptions totaling $3.1 billion. VanEck also experienced significant withdrawals, shedding nearly $1.5 billion for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $435.73B | 40.60% |
| Vanguard | 12 | $272.88B | 25.42% |
| iShares | 48 | $196.79B | 18.33% |
| VanEck | 20 | $71.76B | 6.69% |
| Invesco | 44 | $35.59B | 3.32% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $794M |
| Vanguard | $134M |
| Invesco | $95M |
| Outflows | |
| SPDR | -$3,101M |
| VanEck | -$1,495M |
| State Street | -$15M |
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.
