Weekly Channel Summary
As of June 5, 2026, the Commodity ETF channel encompasses 71 ETFs managed by 28 issuers, holding a combined Total AUM of $349.82 billion. Over the past 5 days, the channel experienced net outflows totaling ($1,443M), bringing the Year-To-Date (YTD) flow to ($2,405M).
This Week’s Performance Leaders and Laggards
Based on Week-To-Date (WTD) returns, the Shipping Freight category led the channel, whereas the Precious Metals category lagged as the bottom performer.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Shipping Freight | 13.43% | 2.09% | 118.53% | 413.02% | 498.52% | 1019.81% |
| Energy | 1.06% | -4.69% | 17.77% | 41.03% | 48.86% | 44.95% |
| Multi-Sector | -1.31% | -5.02% | 6.36% | 22.30% | 23.14% | 34.55% |
| Carbon Credits | -2.00% | 4.52% | 10.65% | -2.65% | -6.99% | 15.04% |
| Industrial Metals | -2.30% | 1.03% | 5.36% | 17.79% | 10.52% | 38.39% |
| Agriculture | -3.08% | -6.41% | 0.04% | 2.67% | 4.12% | -2.39% |
| Precious Metals | -4.18% | -4.91% | -14.73% | 6.50% | -1.46% | 44.60% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing individual ETF was BWET, while the two worst-performing ETFs by WTD return were CTWO and DBP.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BWET | Breakwave Tanker Shipping ETF | 27.24% |
| USO | United States Oil Fund LP | 4.14% |
| KCCA | KraneShares California Carbon Allowance Strategy ETF | 3.16% |
| DBE | Invesco DB Energy Fund | 3.13% |
| DBO | Invesco DB Oil Fund | 2.62% |
| Bottom Performers | ||
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust ETF of Beneficial Interest | -5.74% |
| DBP | Invesco DB Precious Metals Fund | -5.74% |
| OUNZ | VanEck Merk Gold ETF | -5.00% |
| CORN | Teucrium Corn Fund | -4.95% |
| PALL | abrdn Physical Palladium Shares ETF | -4.85% |
Analyzing the Weekly Flows
The channel recorded total net flows of ($1,443M) for the week. The Energy category gathered the most inflows, while the Precious Metals category experienced significant outflows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Energy | 11 | $4.19B | $182M | $253M | $245M | $498M | $801M |
| Multi-Sector | 27 | $25.39B | $68M | $602M | $1,933M | $3,652M | $5,581M |
| Industrial Metals | 4 | $1.26B | $8M | $82M | ($10M) | $467M | $754M |
| Shipping Freight | 2 | $0.07B | $1M | ($21M) | ($39M) | ($24M) | ($83M) |
| Carbon Credits | 3 | $0.27B | $0M | ($2M) | ($7M) | ($21M) | ($24M) |
| Agriculture | 8 | $2.48B | ($115M) | $98M | $1,418M | $1,475M | $1,403M |
| Precious Metals | 16 | $316.16B | ($1,589M) | ($2,296M) | ($13,278M) | ($8,452M) | $29,525M |
Top & Bottom 5 ETFs by 5-Day Flow
The top individual ETF for inflows by dollar amount was USO, while the top two ETFs experiencing outflows were GLD and SLV.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| USO | United States Oil Fund LP | $165M |
| COMT | iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF | $87M |
| BNO | United States Brent Oil Fund LP | $71M |
| IAU | iShares Gold Trust | $64M |
| HGER | Harbor Commodity All-Weather Strategy ETF | $56M |
| Outflows | ||
| GLD | SPDR Gold Shares | ($1,276M) |
| SLV | iShares Silver Trust | ($225M) |
| DBA | Invesco DB Agriculture Fund | ($62M) |
| UNG | United States Natural Gas Fund LP | ($60M) |
| IAUM | iShares Gold Trust Micro ETF of Benef Interest | ($59M) |
Issuer League Table Update
SPDR and iShares remain the top two issuers by AUM market share. For the week, US Commodity Funds gathered the most inflows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $179.04B | 51.18% |
| iShares | 7 | $114.67B | 32.78% |
| aberdeen | 7 | $21.40B | 6.12% |
| Invesco | 9 | $10.84B | 3.10% |
| US Commodity Funds | 8 | $4.69B | 1.34% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| US Commodity Funds | $173M |
| Harbor | $56M |
| Goldman Sachs | $26M |
| Outflows | |
| SPDR | -$1,303M |
| iShares | -$130M |
| aberdeen | -$118M |
For a deeper dive into these trends, access our FREE, in-depth Commodity 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.
