Weekly Channel Summary
The Sector & Industry ETF channel currently comprises 266 ETFs across 54 brands, managing a total of $879 billion in assets. For the week ending January 2, 2026, the channel experienced net outflows of $1.09 billion. Despite the weekly dip, the channel’s performance over the long term remains robust with $14.66 billion in net inflows over the past year, although year-to-date flows reflect a modest redemption of $0.50 billion.
This Week’s Performance Leaders and Laggards
Energy was the standout performer this week, leading all categories with a 3.14% return, which also helped push its year-to-date performance to 2.24%. Utilities and Industrials also saw positive momentum, gaining 0.99% and 0.74%, respectively. Conversely, Consumer Discretionary was the primary laggard, falling 2.15% on the week, followed by Health Care which dropped 1.39%. On a YTD basis, most categories have remained in positive territory, with Energy and Materials leading the pack.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Energy | 3.14% | 1.05% | 4.98% | 10.85% | 2.24% | 7.11% |
| Utilities | 0.99% | -0.77% | -1.08% | 7.93% | 1.28% | 17.21% |
| Industrial | 0.74% | 6.06% | 3.12% | 12.63% | 2.12% | 28.68% |
| Real Estate | 0.00% | 0.04% | -0.90% | 1.08% | 0.25% | 5.98% |
| Materials | -0.34% | 6.02% | 4.92% | 9.14% | 1.96% | 19.36% |
| Information Technology | -0.42% | 1.09% | 2.47% | 17.93% | 1.42% | 28.53% |
| Comm Services | -0.75% | 1.40% | 1.97% | 10.53% | -0.49% | 23.02% |
| Financials | -0.91% | 4.23% | 4.47% | 6.85% | 0.66% | 17.25% |
| Consumer Staples | -0.96% | -1.03% | -1.53% | -5.20% | -0.06% | -0.98% |
| Health Care | -1.39% | 0.70% | 9.59% | 20.00% | 0.16% | 19.10% |
| Consumer Discretionary | -2.15% | 0.79% | -1.19% | 5.20% | -0.09% | 7.58% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing individual fund this week was the OIH (VanEck Oil Services ETF), which surged 5.10%. On the other end of the spectrum, the DVXY (WEBs Consumer Discretionary XLY Defined Volatility ETF) was the worst performer with a sharp decline of 6.10%, joined by the IGV (iShares Expanded Tech-Software Sector ETF) which lost 5.01%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| OIH | VanEck Oil Services ETF | 5.10% |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 5.06% |
| IEZ | iShares U.S. Oil Equipment & Services ETF | 5.05% |
| DVXE | WEBs Energy XLE Defined Volatility ETF | 4.94% |
| OILT | Texas Capital Texas Oil Index ETF | 4.06% |
| Bottom Performers | ||
| DVXY | WEBs Consumer Discretionary XLY Defined Volatility ETF | -6.10% |
| IGV | iShares Expanded Tech-Software Sector ETF | -5.01% |
| PSCH | Invesco S&P SmallCap Health Care ETF | -4.91% |
| XSW | State Street SPDR S&P Software & Services ETF | -3.85% |
| XPH | State Street SPDR S&P Pharmaceuticals ETF | -3.59% |
Analyzing the Weekly Flows
Total net flows for the channel were negative this week, with a total redemption of $1.09 billion. Communication Services emerged as the top destination for capital, attracting $162 million in net inflows into its $36.3 billion asset base. Industrials also saw notable interest with $116 million in new money. However, these gains were offset by significant outflows in Health Care ($644 million) and Financials ($420 million).
Category Flows Summary
| Category | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Comm Services | 7 | $36.3B | $162M | $507M | $663M | $5M | $3,606M |
| Industrial | 28 | $67.1B | $116M | $1,595M | $2,433M | ($16M) | $7,032M |
| Information Technology | 33 | $342.2B | $5M | ($345M) | $5,140M | ($166M) | $9,019M |
| Consumer Discretionary | 15 | $36.1B | $4M | $983M | ($170M) | $48M | ($1,546M) |
| Materials | 10 | $10.0B | ($30M) | $274M | ($105M) | ($21M) | ($774M) |
| Utilities | 11 | $37.4B | ($44M) | $557M | $1,898M | ($96M) | $6,783M |
| Consumer Staples | 13 | $26.0B | ($48M) | ($264M) | ($1,135M) | ($62M) | ($1,037M) |
| Real Estate | 52 | $82.3B | ($81M) | $2,094M | $2,748M | ($153M) | $3,966M |
| Energy | 31 | $44.4B | ($112M) | ($300M) | ($277M) | ($6M) | ($10,202M) |
| Financials | 34 | $100.6B | ($420M) | ($474M) | ($2,694M) | $52M | ($391M) |
| Health Care | 32 | $96.2B | ($644M) | ($605M) | $4,747M | ($84M) | ($1,795M) |
Top & Bottom 5 ETFs by 5-Day Flow
At the individual fund level, the SMH (VanEck Semiconductor ETF) led the pack with $328 million in weekly inflows. Outflows were most pronounced in the XLK (Technology Select Sector SPDR Fund) and XBI (SPDR S&P Biotech ETF), which saw redemptions of $435 million and $426 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SMH | VanEck Semiconductor ETF | $328M |
| SOXX | iShares Semiconductor ETF | $199M |
| XLC | State Street Communication Services Select Sector SPDR ETF | $130M |
| PPH | VanEck Pharmaceutical ETF | $124M |
| IAI | iShares U.S. Broker-Dealers & Securities Exchange ETF | $92M |
| Outflows | ||
| XLK | State Street Technology Select Sector SPDR ETF | ($435M) |
| XBI | State Street SPDR S&P Biotech ETF | ($426M) |
| IBB | iShares Biotechnology ETF | ($204M) |
| VGT | Vanguard Information Technology ETF | ($149M) |
| VHT | Vanguard Health Care ETF | ($138M) |
Issuer League Table Update
State Street (SPDR) and Vanguard remain the dominant players in the channel, commanding market shares of 41.70% and 25.59%, respectively. VanEck was the clear leader in gathering assets this week, netting $453 million in inflows. In contrast, SPDR experienced the largest outflows among the top issuers, shedding $1.56 billion in assets over the 5-day period.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| SPDR | 30 | $366.38B | 41.70% |
| Vanguard | 12 | $224.78B | 25.59% |
| iShares | 49 | $142.12B | 16.18% |
| VanEck | 11 | $41.19B | 4.69% |
| Fidelity | 12 | $33.69B | 3.83% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| VanEck | $453M |
| Fidelity | $103M |
| iShares | $49M |
| Outflows | |
| SPDR | ($1,555M) |
| Vanguard | ($162M) |
| JPMorgan | ($25M) |
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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.
