Weekly Channel Summary
The Commodity ETF channel, which currently tracks 71 products across 28 issuers, represents a total of $369.34 billion in Assets Under Management. For the week ending April 10, 2026, the category gathered $827 million in net inflows. This recent capital injection has pushed the Year-to-Date total flows for the channel into positive territory, accumulating $1.12 billion.
This Week’s Performance Leaders and Laggards
Shipping Freight was the standout category this week, surging 13.34%, followed by Precious Metals at 4.08%. Conversely, Energy lagged the broader commodity market, declining by 4.22% for the week despite its strong longer-term momentum.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Shipping Freight | 13.34% | 76.10% | 267.87% | 461.27% | 384.47% | 765.95% |
| Precious Metals | 4.08% | -9.31% | 0.98% | 24.08% | 7.69% | 74.97% |
| Industrial Metals | 3.40% | -1.59% | 1.06% | 22.92% | 6.24% | 43.98% |
| Carbon Credits | 2.01% | 0.49% | -14.23% | -10.83% | -14.11% | 11.94% |
| Multi-Sector | -1.95% | 2.77% | 18.49% | 26.64% | 21.36% | 39.36% |
| Agriculture | -2.93% | -1.42% | 3.70% | 4.43% | 4.52% | -1.43% |
| Energy | -4.22% | 7.99% | 38.77% | 38.19% | 40.14% | 44.66% |
Top & Bottom 5 ETFs by Weekly Performance
The BWET ETF led all individual commodity products with an exceptional 23.32% weekly return. On the other end of the spectrum, oil-focused funds saw sharp pullbacks, with BNO and USO falling 12.63% and 9.52%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BWET | Breakwave Tanker Shipping ETF | 23.32% |
| PLTM | GraniteShares Platinum Trust | 7.95% |
| PPLT | abrdn Physical Platinum Shares ETF | 7.94% |
| SIVR | abrdn Physical Silver Shares ETF | 6.41% |
| SLV | iShares Silver Trust | 6.39% |
| Bottom Performers | ||
| BNO | United States Brent Oil Fund LP | -12.63% |
| USO | United States Oil Fund LP | -9.52% |
| CANE | Teucrium Sugar Fund | -8.28% |
| HARD | Simplify Commodities Strategy No K-1 ETF | -8.09% |
| UGA | United States Gasoline Fund LP | -7.57% |
Analyzing the Weekly Flows
Driven by renewed interest in the space, Precious Metals saw the most significant capital intake, adding $914 million over the trailing five days. The broader Multi-Sector category, however, experienced the heaviest outflows, shedding $286 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Precious Metals | 16 | $337.64B | $914M | -$7,061M | -$3,150M | -$4,123M | $35,530M |
| Energy | 11 | $4.35B | $284M | $24M | $864M | $955M | $1,197M |
| Carbon Credits | 3 | $0.24B | $0M | -$6M | -$18M | -$21M | -$36M |
| Shipping Freight | 2 | $0.09B | -$17M | -$8M | $9M | $8M | -$44M |
| Industrial Metals | 4 | $1.02B | -$22M | -$142M | $269M | $344M | $640M |
| Agriculture | 8 | $2.13B | -$46M | $921M | $1,080M | $1,080M | $1,055M |
| Multi-Sector | 27 | $23.88B | -$286M | $933M | $2,623M | $2,882M | $4,332M |
Top & Bottom 5 ETFs by 5-Day Flow
GLDM captured the top spot for individual fund inflows, reeling in $581 million for the week. The largest outflows hit PDBC and GLD, which lost $292 million and $270 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| GLDM | SPDR Gold Minishares Trust of beneficial interest | $581M |
| IAU | iShares Gold Trust | $452M |
| USO | United States Oil Fund LP | $259M |
| FTGC | First Trust Global Tactical Commodity Strategy Fund | $58M |
| SLV | iShares Silver Trust | $57M |
| Outflows | ||
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | -$292M |
| GLD | SPDR Gold Shares | -$270M |
| BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | -$146M |
| DBO | Invesco DB Oil Fund | -$52M |
| CPER | United States Copper Index Fund | -$26M |
Issuer League Table Update
State Street (SPDR) and BlackRock (iShares) maintain a dominant duopoly in the commodity ETF market, controlling 52.20% and 32.58% of total AUM. Meanwhile, iShares led the pack in recent asset gathering, securing $561 million in 5-day flows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 3 | $192.81B | 52.20% |
| iShares | 7 | $120.32B | 32.58% |
| aberdeen | 7 | $22.41B | 6.07% |
| Invesco | 9 | $10.27B | 2.78% |
| US Commodity Funds | 8 | $4.74B | 1.28% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $561M |
| SPDR | $341M |
| US Commodity Funds | $304M |
| Outflows | |
| Invesco | -$314M |
| aberdeen | -$88M |
| Teucrium | -$48M |
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…
