Weekly Channel Summary
The Sector & Industry ETF channel, consisting of 268 ETFs across 55 issuers, currently holds a total of $930B in assets under management. Over the past week, the channel saw net positive inflows of $0.18B. This activity continues a broader trend of steady asset gathering, with the channel bringing in $24.62B year-to-date and an impressive $38.64B over the past 1-year period.
This Week’s Performance Leaders and Laggards
Performance across the channel was largely mixed this week. Energy led the pack, gaining 0.96% week-to-date and solidifying an exceptionally strong year-to-date return of 31.72%. Conversely, Materials struggled as the primary lagging category, declining -7.11% for the week, though the sector remains up a solid 15.88% year-to-date.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Energy | 0.96% | 24.41% | 6.54% | 19.84% | 31.72% | 41.43% |
| Comm Services | -1.10% | -0.77% | 0.47% | -0.70% | 2.91% | 18.76% |
| Utilities | -2.17% | 9.15% | 6.96% | 8.58% | 12.98% | 26.16% |
| Financials | -2.48% | -4.07% | -6.98% | -1.86% | -0.81% | 10.54% |
| Real Estate | -2.55% | 6.16% | 1.15% | 6.35% | 4.75% | 8.54% |
| Information Technology | -3.18% | -0.67% | -3.50% | -3.06% | 11.77% | 39.99% |
| Consumer Discretionary | -3.36% | -2.27% | -4.63% | -2.44% | -3.15% | 10.80% |
| Industrial | -3.60% | 10.92% | -1.10% | 13.20% | 15.80% | 38.11% |
| Health Care | -4.49% | -1.60% | -3.43% | -1.57% | 11.29% | 13.17% |
| Consumer Staples | -4.94% | 9.79% | -2.58% | 9.34% | 4.48% | 5.35% |
| Materials | -7.11% | 12.36% | -3.32% | 16.59% | 15.88% | 27.65% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at individual funds within the broader channel, the IGV (iShares Expanded Tech-Software Sector ETF) was the single best-performing ETF with an impressive 7.75% week-to-date gain. Conversely, the JETS (U.S. Global Jets ETF) and PSI (Invesco Semiconductors ETF) were the two worst-performing ETFs, falling -10.96% and -9.89%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IGV | iShares Expanded Tech-Software Sector ETF | 7.75% |
| WDAF | WisdomTree Asia Defense Fund | 7.38% |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | 6.74% |
| PXE | Invesco Energy Exploration & Production ETF | 5.51% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 5.19% |
| Bottom Performers | ||
| JETS | U.S. Global Jets ETF | -10.96% |
| PSI | Invesco Semiconductors ETF | -9.89% |
| PBEU | Portfolio Building Block European Banks Index ETF | -9.85% |
| DVXB | WEBs Materials XLB Defined Volatility ETF | -9.33% |
| XTN | State Street SPDR S&P Transportation ETF | -9.18% |
Analyzing the Weekly Flows
Overall, the Sector & Industry channel generated total net flows of $177M this week. Energy received the most inflows by a wide margin, attracting $1,810M to push its total category AUM to $65.6B. Utilities also experienced significant investor interest, gathering $733M over the last 5 days. Conversely, Information Technology saw the most dramatic contraction, leading the channel with outflows of -$1,339M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Energy | 32 | $65.6B | $1,810M | $3,646M | $8,267M | $8,633M | $1,648M |
| Utilities | 11 | $40.5B | $733M | $868M | $221M | -$539M | $5,422M |
| Real Estate | 52 | $89.8B | $540M | $1,869M | $2,910M | $955M | $5,543M |
| Consumer Staples | 13 | $29.8B | $432M | $1,282M | $756M | $1,018M | -$164M |
| Industrial | 28 | $82.6B | $363M | $3,230M | $8,990M | $7,662M | $14,882M |
| Consumer Discretionary | 15 | $33.9B | $205M | $13M | -$621M | -$1,376M | -$3,274M |
| Materials | 10 | $13.0B | $114M | $697M | $2,023M | $1,716M | $1,172M |
| Comm Services | 7 | $35.3B | -$605M | -$626M | -$808M | -$1,191M | $1,363M |
| Financials | 34 | $93.8B | -$998M | -$4,812M | -$1,823M | -$1,338M | -$4,583M |
| Health Care | 32 | $97.4B | -$1,079M | -$525M | $507M | $1,607M | $1,178M |
| Information Technology | 33 | $348.1B | -$1,339M | $5,541M | $7,326M | $7,472M | $15,448M |
Top & Bottom 5 ETFs by 5-Day Flow
Looking at specific products, IGV (iShares Expanded Tech-Software Sector ETF) defied the broader tech sector outflows, taking the top spot with $1,210M in inflows. On the downside, VGT (Vanguard Information Technology ETF) and XLI (State Street Industrial Select Sector SPDR ETF) suffered the heaviest redemptions, losing -$2,396M and -$822M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IGV | iShares Expanded Tech-Software Sector ETF | $1,210M |
| XLE | State Street Energy Select Sector SPDR ETF | $949M |
| XLU | State Street Utilities Select Sector SPDR ETF | $652M |
| IYR | iShares U.S. Real Estate ETF | $486M |
| ITA | iShares U.S. Aerospace & Defense ETF | $468M |
| Outflows | ||
| VGT | Vanguard Information Technology ETF | -$2,396M |
| XLI | State Street Industrial Select Sector SPDR ETF | -$822M |
| XLV | State Street Health Care Select Sector SPDR ETF | -$815M |
| XLF | State Street Financial Select Sector SPDR ETF | -$726M |
| XLC | State Street Communication Services Select Sector SPDR ETF | -$538M |
Issuer League Table Update
In the issuer rankings, SPDR and Vanguard remain the dominant top two providers by market share within the channel, capturing 41.28% and 24.79% of the assets, respectively. This week, iShares gathered the most momentum, leading all issuers with $2,456M in net inflows, while Vanguard saw the largest outflows at -$2,225M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 28 | $383.85B | 41.28% |
| Vanguard | 12 | $230.53B | 24.79% |
| iShares | 49 | $151.72B | 16.32% |
| VanEck | 12 | $50.14B | 5.39% |
| Fidelity | 12 | $34.04B | 3.66% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $2,456M |
| First Trust | $158M |
| SPDR | $121M |
| Outflows | |
| Vanguard | -$2,225M |
| Fidelity | -$210M |
| JPMorgan | -$63M |
For a deeper dive into these trends, access our FREE, in-depth Sector & Industry 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.
