Weekly Channel Summary
The EQ: Sector & Industry channel, currently comprised of 268 ETFs managing nearly $920 billion in assets, experienced a robust week of asset gathering. The channel pulled in a net $4.78 billion over the last 5 days, continuing a strong trend that has seen Year-to-Date flows reach $18.21 billion and 1-Year flows hit $29.22 billion. Activity was concentrated heavily in specific sectors, driven by 55 different issuers.
This Week’s Performance Leaders and Laggards
Utilities emerged as the clear performance leader this week, posting a significant gain of 7.06%. Materials and Real Estate also performed well, up 3.07% and 2.79% respectively. On the downside, Financials were the primary laggard, dropping -3.60% for the week, pushing their 1-month performance slightly negative.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Utilities | 7.06% | 9.22% | 8.50% | 6.20% | 9.44% | 20.54% |
| Materials | 3.07% | 19.50% | 9.24% | 26.31% | 24.30% | 29.70% |
| Real Estate | 2.79% | 8.06% | 5.82% | 8.54% | 9.74% | 11.20% |
| Energy | 2.26% | 18.90% | 14.01% | 18.73% | 27.77% | 21.34% |
| Consumer Staples | 1.36% | 14.53% | 10.09% | 14.78% | 7.61% | 9.24% |
| Industrial | 0.36% | 13.90% | 6.41% | 17.90% | 17.23% | 28.49% |
| Information Technology | -0.10% | -0.18% | -3.14% | 0.85% | 7.82% | 16.75% |
| Health Care | -0.62% | 1.15% | -0.21% | 3.61% | 18.28% | 10.39% |
| Consumer Discretionary | -1.52% | 0.18% | -4.84% | 3.44% | 1.80% | 3.37% |
| Comm Services | -1.75% | -2.96% | -3.06% | 3.34% | 4.86% | 11.16% |
| Financials | -3.60% | -3.60% | -3.79% | 1.26% | 1.26% | 7.55% |
Top & Bottom 5 ETFs by Weekly Performance
The top performer for the week was the WEBs Utilities XLU Defined Volatility ETF (DVUT), which surged 13.73%. On the other end of the spectrum, the WEBs Financial XLF Defined Volatility ETF (DVXF) fell -8.62%, followed by the First Trust Nasdaq Bank ETF (FTXO) which declined -5.63%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| DVUT | WEBs Utilities XLU Defined Volatility ETF | 13.73% |
| UTES | Virtus Reaves Utilities ETF | 8.13% |
| XLU | State Street Utilities Select Sector SPDR ETF | 7.29% |
| RSPU | Invesco S&P 500 Equal Weight Utilities ETF | 7.23% |
| VPU | Vanguard Utilities ETF | 6.97% |
| Bottom Performers | ||
| DVXF | WEBs Financial XLF Defined Volatility ETF | -8.62% |
| FTXO | First Trust Nasdaq Bank ETF | -5.63% |
| JETS | U.S. Global Jets ETF | -5.59% |
| KBWB | Invesco KBW Bank ETF | -5.49% |
| PBEU | Portfolio Building Block European Banks Index ETF | -5.28% |
Analyzing the Weekly Flows
The channel attracted a substantial net inflow of $4.78 billion this week. Information Technology was the dominant driver, pulling in $2.43 billion, which is notable given its flat performance. Industrials also saw healthy inflows of $663 million. Conversely, Consumer Discretionary saw the largest outflows, shedding -$444 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Information Technology | 33 | $345.1B | $2,429M | $3,166M | $3,564M | $4,360M | $11,120M |
| Industrial | 28 | $79.3B | $663M | $3,153M | $6,961M | $5,094M | $11,839M |
| Consumer Staples | 13 | $30.2B | $652M | ($8M) | ($102M) | $388M | ($555M) |
| Energy | 32 | $59.4B | $577M | $4,639M | $4,881M | $5,565M | ($2,124M) |
| Real Estate | 53 | $87.3B | $484M | ($213M) | $2,528M | ($435M) | $4,048M |
| Health Care | 32 | $99.1B | $398M | $481M | $4,841M | $2,530M | $2,618M |
| Materials | 10 | $12.9B | $150M | $695M | $962M | $1,168M | $545M |
| Financials | 34 | $100.2B | $42M | $1,633M | $1,328M | $3,515M | ($1,142M) |
| Utilities | 11 | $38.2B | ($41M) | ($1,157M) | ($731M) | ($1,448M) | $4,899M |
| Comm Services | 7 | $34.6B | ($131M) | ($527M) | $23M | ($696M) | $2,062M |
| Consumer Discretionary | 15 | $33.4B | ($444M) | ($1,109M) | ($1,741M) | ($1,833M) | ($4,092M) |
Top & Bottom 5 ETFs by 5-Day Flow
The VanEck Semiconductor ETF (SMH) was the primary destination for capital, attracting a massive $1.64 billion in inflows. Conversely, the State Street Technology Select Sector SPDR ETF (XLK) faced the steepest withdrawals, losing -$627 million, followed by the State Street Health Care Select Sector SPDR ETF (XLV) which saw -$563 million leave the fund.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SMH | VanEck Semiconductor ETF | $1,640M |
| IGV | iShares Expanded Tech-Software Sector ETF | $1,082M |
| XBI | State Street SPDR S&P Biotech ETF | $788M |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | $572M |
| SOXX | iShares Semiconductor ETF | $511M |
| Outflows | ||
| XLK | State Street Technology Select Sector SPDR ETF | ($627M) |
| XLV | State Street Health Care Select Sector SPDR ETF | ($563M) |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | ($405M) |
| IYW | iShares U.S. Technology ETF | ($195M) |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | ($77M) |
Issuer League Table Update
SPDR remains the commanding market share leader with over $381 billion in assets, holding a 41.45% share of the channel. Vanguard maintains the second position with $227 billion. In terms of weekly flows, iShares led the pack with $1.97 billion in net inflows, while Fidelity experienced the largest outflows among top issuers, shedding -$120 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $381.3B | 41.45% |
| Vanguard | 12 | $227.9B | 24.77% |
| iShares | 49 | $148.7B | 16.16% |
| VanEck | 11 | $50.5B | 5.49% |
| Fidelity | 12 | $33.8B | 3.67% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $1,967M |
| VanEck | $1,851M |
| SPDR | $479M |
| Outflows | |
| Fidelity | ($120M) |
| First Trust | $10M |
| Simplify | ($13M) |
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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.
