SMH Shines and CRAK Soars: The Week’s Top Sector & Industry ETF Performers

Share

Weekly Channel Summary

The EQ: Sector & Industry ETF channel currently stands at a robust $997B in total Assets Under Management (AUM), representing 271 unique ETFs across 56 issuing brands. Activity over the past week was slightly negative, showing 5-day net flows of -$0.44B. Despite this short-term blip, the long-term trend remains positive, with the channel amassing $32.49B in net flows Year-to-Date and an impressive $61.58B over the trailing 1-year period.

This Week’s Performance Leaders and Laggards

Energy was the standout performer this week, leading all categories with a 3.48% WTD gain and extending its exceptional YTD performance to 34.68%. Communication Services followed at a distance with a solid 1.63% WTD return. On the other end of the spectrum, the Materials category lagged the most, retreating -1.08% WTD, though it maintains a strong 17.54% return on the year. Consumer Discretionary also struggled slightly, dipping -0.52% over the last five days.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Energy 3.48% 2.76% 19.23% 37.30% 34.68% 63.98%
Comm Services 1.63% 8.24% -1.35% 4.64% 1.34% 25.71%
Information Technology 1.20% 23.44% 18.13% 19.18% 23.31% 82.10%
Consumer Staples 0.99% 3.08% 1.10% 10.59% 8.81% 4.67%
Real Estate 0.90% 7.91% 6.41% 10.40% 9.66% 14.49%
Financials 0.80% 6.31% -0.61% 7.34% 0.51% 19.64%
Utilities 0.63% 2.06% 8.59% 6.84% 10.71% 21.83%
Industrial 0.41% 3.08% 1.49% 11.03% 10.68% 40.04%
Health Care 0.09% 0.58% -2.69% 4.80% -2.17% 20.16%
Consumer Discretionary -0.52% 6.52% -1.43% 1.27% 0.28% 17.91%
Materials -1.08% 2.66% 6.70% 26.93% 17.54% 40.91%

Top & Bottom 5 ETFs by Weekly Performance

The single best-performing individual ETF this week was CRAK (VanEck Oil Refiners ETF), capitalizing on the Energy sector’s broad strength. Meanwhile, Health Care-related funds dragged at the bottom, with IHI (iShares U.S. Medical Devices ETF) and PTH (Invesco Dorsey Wright Healthcare Momentum ETF) recording the worst WTD returns.

Ticker Fund Name WTD Performance
Top Performers
CRAK VanEck Oil Refiners ETF 6.41%
XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF 5.09%
PXI Invesco Dorsey Wright Energy Momentum ETF 4.79%
FXN First Trust Energy AlphaDEX Fund 4.64%
PXE Invesco Energy Exploration & Production ETF 4.58%
Bottom Performers
IHI iShares U.S. Medical Devices ETF -4.31%
PTH Invesco Dorsey Wright Healthcare Momentum ETF -3.26%
MDEV First Trust Indxx Medical Devices ETF -2.86%
RSPD Invesco S&P 500 Equal Weight Consumer Discretionary ETF -2.44%
DVXB WEBs Materials XLB Defined Volatility ETF -2.36%

Analyzing the Weekly Flows

Total net flow across the Sector & Industry channel was -$437M for the week. The Financials category captured the majority of new assets, pulling in $674M on a base of $95.5B in AUM. Information Technology also saw significant demand with $596M in net inflows. Conversely, Health Care experienced the heaviest redemptions, losing -$791M over the past five days.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Financials 35 $95.5B $674M $439M -$6,582M -$1,883M -$2,037M
Information Technology 33 $412.6B $596M $9,465M $13,009M $14,526M $23,544M
Industrial 28 $84.0B $12M $1,989M $7,945M $11,200M $19,863M
Consumer Discretionary 15 $33.7B -$51M -$37M -$815M -$2,065M -$805M
Comm Services 8 $34.0B -$58M $327M -$1,996M -$2,091M $963M
Energy 32 $72.4B -$60M -$1,000M $7,166M $11,116M $7,837M
Materials 10 $13.6B -$61M $898M $1,633M $2,241M $2,424M
Real Estate 53 $90.4B -$158M -$687M $316M $202M $5,161M
Consumer Staples 13 $27.4B -$252M -$1,274M -$1,159M -$871M -$1,397M
Utilities 11 $40.7B -$289M -$425M $935M -$226M $4,267M
Health Care 33 $92.5B -$791M -$575M -$2,303M $339M $1,762M

Top & Bottom 5 ETFs by 5-Day Flow

Drilling down to individual funds, SMH (VanEck Semiconductor ETF) drove the most capital intake, gathering an impressive $767M. Heavy bleeding continued at the bottom end, with the top two outflows seen in SOXX (iShares Semiconductor ETF) and XLV (State Street Health Care Select Sector SPDR ETF), shedding -$545M and -$528M respectively.

Ticker Fund Name 5-Day Flow
Inflows
SMH VanEck Semiconductor ETF $767M
IGV iShares Expanded Tech-Software Sector ETF $597M
KRE State Street SPDR S&P Regional Banking ETF $388M
XLF State Street Financial Select Sector SPDR ETF $364M
VGT Vanguard Information Technology ETF $212M
Outflows
SOXX iShares Semiconductor ETF -$545M
XLV State Street Health Care Select Sector SPDR ETF -$528M
XLK State Street Technology Select Sector SPDR ETF -$511M
XLU State Street Utilities Select Sector SPDR ETF -$333M
XLI State Street Industrial Select Sector SPDR ETF -$271M

Issuer League Table Update

SPDR and Vanguard continue to dominate the top two spots in market share across the sector, commanding 40.16% and 24.53% of the total AUM, respectively. This week, VanEck led all providers in weekly capital accumulation with $827M in inflows. SPDR, the top issuer by AUM, absorbed the heaviest outflow activity, posting -$1,389M in 5-day net flows.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
SPDR 28 $400.37B 40.16%
Vanguard 12 $244.56B 24.53%
iShares 49 $166.17B 16.67%
VanEck 14 $64.09B 6.43%
Fidelity 12 $36.58B 3.67%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
VanEck $827M
Invesco $227M
iShares $41M
Outflows
SPDR -$1,389M
Portfolio Building Block -$108M
First Trust -$43M

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.