Weekly Channel Summary
The Commodity ETF channel currently consists of 71 products managed by 28 issuers, accounting for a combined $371.15 billion in Assets Under Management (AUM). Over the past week, investors injected $582 million in net new inflows into the space. Despite the positive weekly momentum, year-to-date flows for the overall Commodity segment remain slightly negative at -$737 million.
This Week’s Performance Leaders and Laggards
Precious Metals led the Commodity composites this week, climbing 3.00%, followed closely by Industrial Metals with a solid 2.79% gain. Conversely, the Energy category was the hardest-hit segment, retreating 2.97%, while Agriculture also ended the week in the red, shedding 1.10%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Precious Metals | 3.00% | -0.70% | -2.72% | 26.18% | 7.81% | 65.99% |
| Industrial Metals | 2.79% | 6.61% | 7.64% | 26.62% | 11.81% | 46.14% |
| Shipping Freight | 1.80% | 13.57% | 182.49% | 426.60% | 413.70% | 748.36% |
| Carbon Credits | 0.30% | 3.87% | -2.93% | -5.97% | -11.74% | 5.58% |
| Multi-Sector | -0.66% | 5.65% | 19.42% | 30.26% | 27.72% | 42.76% |
| Agriculture | -1.10% | 3.50% | 9.11% | 8.97% | 9.42% | 3.70% |
| Energy | -2.97% | 6.91% | 38.68% | 44.38% | 50.84% | 52.50% |
Top & Bottom 5 ETFs by Weekly Performance
The SIVR (abrdn Physical Silver Shares ETF) was the single best-performing ETF over the past week, surging 10.25%. On the other end of the spectrum, the BNO (United States Brent Oil Fund LP) and USO (United States Oil Fund LP) were the primary laggards, tumbling 6.32% and 5.77% respectively as global energy markets pulled back.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SIVR | abrdn Physical Silver Shares ETF | 10.25% |
| SLV | iShares Silver Trust | 10.24% |
| CPER | United States Copper Index Fund | 5.24% |
| GLTR | abrdn Physical Precious Metals Basket Shares ETF | 4.72% |
| BDRY | Breakwave Dry Bulk Shipping ETF | 3.40% |
| Bottom Performers | ||
| BNO | United States Brent Oil Fund LP | -6.32% |
| USO | United States Oil Fund LP | -5.77% |
| UX | Roundhill Uranium ETF | -3.90% |
| HARD | Simplify Commodities Strategy No K-1 ETF | -3.76% |
| DBE | Invesco DB Energy Fund | -3.61% |
Analyzing the Weekly Flows
Investors added a net $582 million to Commodity ETFs over the past five days. The Multi-Sector – Broad Market category was the primary beneficiary, raking in $376 million, while Focused – Energy and Focused – Agriculture also secured healthy additions of $365 million and $306 million, respectively. In contrast, the Focused – Precious Metals segment experienced notable redemptions, shedding $466 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Multi-Sector | 27 | $25.20B | $376M | ($355M) | $2,362M | $3,179M | $5,214M |
| Energy | 11 | $4.03B | $365M | ($309M) | $533M | $441M | $580M |
| Agriculture | 8 | $2.61B | $306M | $369M | $1,484M | $1,492M | $1,429M |
| Carbon Credits | 3 | $0.25B | $4M | $3M | ($8M) | ($19M) | ($20M) |
| Shipping Freight | 2 | $0.09B | $3M | ($34M) | ($5M) | ($4M) | ($58M) |
| Industrial Metals | 4 | $1.11B | ($6M) | $23M | ($158M) | $377M | $674M |
| Precious Metals | 16 | $337.86B | ($466M) | ($2,193M) | ($11,429M) | ($6,204M) | $32,130M |
Top & Bottom 5 ETFs by 5-Day Flow
The USO (United States Oil Fund LP) commanded the most investor attention, pulling in a massive $315 million in weekly inflows despite a negative return profile. On the outflow side, major gold trackers IAU (iShares Gold Trust) and GLD (SPDR Gold Shares) experienced the largest redemptions across the channel, losing $256 million and $208 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| USO | United States Oil Fund LP | $315M |
| HGER | Harbor Commodity All-Weather Strategy ETF | $219M |
| DBA | Invesco DB Agriculture Fund | $119M |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | $81M |
| PDBA | Invesco Agriculture Commodity Strategy No K-1 ETF | $67M |
| Outflows | ||
| IAU | iShares Gold Trust | ($256M) |
| GLD | SPDR Gold Shares | ($208M) |
| FTGC | First Trust Global Tactical Commodity Strategy Fund | ($42M) |
| BAR | GraniteShares Gold Shares | ($41M) |
| SGOL | abrdn Physical Gold Shares ETF | ($31M) |
Issuer League Table Update
SPDR and iShares maintain a powerful duopoly in the Commodity ETF marketplace, controlling 51.37% and 33.00% of total category AUM, respectively. However, US Commodity Funds was the top asset gatherer over the past week, attracting $366 million in net inflows to outpace both Invesco and Harbor.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $190.66B | 51.37% |
| iShares | 7 | $122.48B | 33.00% |
| aberdeen | 7 | $23.06B | 6.21% |
| Invesco | 9 | $10.91B | 2.94% |
| US Commodity Funds | 8 | $4.48B | 1.21% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| US Commodity Funds | $366M |
| Invesco | $269M |
| Harbor | $219M |
| Outflows | |
| iShares | -$212M |
| SPDR | -$207M |
| GraniteShares | -$50M |
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…
This analysis was developed by the team at ETF Action…
