Weekly Channel Summary
The Sector & Industry ETF channel, comprising 260 ETFs from 51 issuers, closed the week with a total of $832 billion in assets under management. The channel experienced significant outflows over the last five days, shedding a net of $9.36 billion. This recent withdrawal contributes to a year-to-date outflow of $3.63 billion. However, looking back over the past year, the channel has maintained a positive net inflow of $6.23 billion, indicating sustained long-term investor interest despite recent negative sentiment.
This Week’s Performance Leaders and Laggards
The Energy sector was the standout performer this week, posting a strong 5.20% week-to-date return, building on its 7.34% gain year-to-date. In contrast, the Communication Services sector was the primary laggard with a -1.41% weekly decline. Despite the weekly drop, Communication Services remains one of the top-performing sectors for the year, boasting an impressive 23.49% YTD return.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Energy | 5.20% | 5.99% | 10.55% | 4.40% | 7.34% | 8.32% |
| Utilities | 2.42% | 2.83% | 7.65% | 13.78% | 17.81% | 14.64% |
| Industrial | 0.09% | 1.49% | 8.29% | 19.97% | 21.57% | 16.69% |
| Real Estate | -0.04% | 0.62% | 3.08% | 3.88% | 5.54% | -3.26% |
| Information Technology | -0.35% | 7.44% | 12.22% | 32.01% | 21.41% | 23.31% |
| Health Care | -0.63% | 0.60% | 5.49% | 2.36% | 4.24% | -3.48% |
| Consumer Discretionary | -0.66% | 1.40% | 9.20% | 15.82% | 7.59% | 12.60% |
| Financials | -0.68% | 0.11% | 5.66% | 9.61% | 12.61% | 18.33% |
| Consumer Staples | -1.06% | -3.13% | -1.40% | -0.97% | 0.20% | -3.47% |
| Materials | -1.37% | -1.34% | 6.27% | 9.32% | 10.82% | -2.69% |
| Comm Services | -1.41% | 6.91% | 11.63% | 21.18% | 23.49% | 31.88% |
Top & Bottom 5 ETFs by Weekly Performance
At the individual fund level, the Bastion Energy ETF (BESF) led all sector ETFs with an impressive 9.91% return for the week. On the other end of the spectrum, the U.S. Global Jets ETF (JETS) was the worst performer, declining by -3.60%, closely followed by the WEBs Defined Volatility XLB ETF (DVXB), which fell by -3.59%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BESF | Bastion Energy ETF | 9.91% |
| DVXE | WEBs Defined Volatility XLE ETF | 8.10% |
| PSCE | Invesco S&P SmallCap Energy ETF | 7.03% |
| PXE | Invesco Energy Exploration & Production ETF | 6.60% |
| XES | SPDR S&P Oil & Gas Equipment & Services ETF | 6.37% |
| Bottom Performers | ||
| PTF | Invesco Dorsey Wright Technology Momentum ETF | -3.29% |
| BBH | VanEck Biotech ETF | -3.23% |
| SEA | U.S. Global Sea to Sky Cargo ETF | -3.12% |
| DVXB | WEBs Defined Volatility XLB ETF | -3.59% |
| JETS | U.S. Global Jets ETF | -3.60% |
Analyzing the Weekly Flows
The channel saw a net outflow of $9.36 billion this week. Consumer Staples was the bright spot, attracting the most capital with $551 million in new assets, bringing its total AUM to $27.2 billion. The Industrial sector also saw positive interest with $42 million in inflows. On the other hand, the Information Technology sector experienced the largest withdrawals, with investors pulling out $5.77 billion.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Consumer Staples | 13 | $27.2B | $551M | $291M | $17M | $98M | ($749M) |
| Industrial | 26 | $62.0B | $42M | $2,367M | $4,108M | $3,993M | $6,261M |
| Energy | 29 | $45.6B | $24M | ($719M) | ($2,011M) | ($10,109M) | ($12,258M) |
| Real Estate | 52 | $80.6B | $23M | $601M | $472M | $959M | $623M |
| Materials | 10 | $9.7B | ($130M) | $49M | ($62M) | ($742M) | ($100M) |
| Utilities | 11 | $35.5B | ($189M) | ($270M) | $1,617M | $4,612M | $4,204M |
| Consumer Discretionary | 15 | $35.8B | ($321M) | $397M | ($148M) | ($1,587M) | $224M |
| Health Care | 31 | $77.8B | ($460M) | ($622M) | ($2,861M) | ($7,712M) | ($11,498M) |
| Comm Services | 7 | $35.2B | ($1,220M) | $340M | $743M | $3,027M | $3,269M |
| Financials | 32 | $99.9B | ($1,915M) | $1,112M | $4,047M | $1,523M | $10,217M |
| Information Technology | 32 | $322.7B | ($5,769M) | ($5,513M) | $735M | $2,294M | $6,026M |
Top & Bottom 5 ETFs by 5-Day Flow
The Invesco KBW Bank ETF (KBWB) was the clear winner in asset gathering this week, pulling in $383 million. On the flip side, significant outflows were seen from the technology sector, with the Technology Select Sector SPDR Fund (XLK) losing $2.73 billion and the VanEck Semiconductor ETF (SMH) seeing withdrawals of $1.99 billion.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| KBWB | Invesco KBW Bank ETF | $383M |
| PPA | Invesco Aerospace & Defense ETF | $211M |
| ITA | iShares U.S. Aerospace & Defense ETF | $205M |
| XLP | Consumer Staples Select Sector SPDR Fund | $546M |
| VGT | Vanguard Information Technology ETF | $506M |
| Outflows | ||
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | ($254M) |
| IGV | iShares Expanded Tech-Software Sector ETF | ($299M) |
| XLF | Financial Select Sector SPDR Fund | ($2,195M) |
| SMH | VanEck Semiconductor ETF | ($1,988M) |
| XLK | Technology Select Sector SPDR Fund | ($2,734M) |
Issuer League Table Update
SPDR and Vanguard continue to dominate the issuer landscape, holding 42.29% and 25.94% of the market share, respectively. This week, Vanguard led in asset gathering with $590 million in net inflows. In contrast, SPDR, the largest issuer by AUM, experienced the most significant outflows, with a net withdrawal of $7.08 billion.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 30 | $351.89B | 42.29% |
| Vanguard | 12 | $215.80B | 25.94% |
| iShares | 49 | $133.07B | 15.99% |
| VanEck | 11 | $33.21B | 3.99% |
| Fidelity | 12 | $32.18B | 3.87% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $590M |
| Invesco | $271M |
| Fidelity | $55M |
| Outflows | |
| iShares | ($1,192M) |
| VanEck | ($2,148M) |
| SPDR | ($7,083M) |
For a deeper dive into these trends, access our FREE, in-depth Thematic 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.
