European ETF flows: Equities lead with €6.04bn in week 40

Equity ETFs led capital inflows in Europe during week 40, attracting €6.04 billion between Sept. 28 and Oct. 2, 2026, according to Trackinsight. Investors favored broad developed-market and U.S. exposures.

Financial sector ETFs recorded the largest sector inflow at €309.8 million. Information Technology posted the strongest weekly sector return, up 3.20%. Industrials saw the largest sector outflow, with €67.3 million withdrawn, followed by Real Estate with €61.5 million in outflows.

Fixed income products added €3.31 billion. Government investment-grade bond ETFs took in €1.60 billion, while corporate investment-grade funds gathered €1.31 billion. Corporate high-yield ETFs recorded €163.9 million of outflows.

By geography, developed-market equity ETFs drew €1.80 billion and U.S.-focused funds added €1.38 billion. Emerging-market exposures attracted €809.2 million, Europe-focused ETFs took €710.8 million and World exposures added €568.3 million. South Korea recorded the largest country outflow at €65.0 million and Latin America saw €62.0 million leave.

Country returns varied: Brazil led with a 4.92% gain for the week. Hungary declined 5.11% and Eastern Europe fell 4.27%. South Africa, Belgium, Austria, Spain and Turkey each posted weekly declines of more than 3%.

Thematic ETFs concentrated flows into cybersecurity, which attracted €128.5 million and returned 5.11% for the week. Cloud computing rose 3.80%, Asia defense advanced 3.47%, electrification gained 3.12% and robotics and automation increased 3.00%. Climate action themes experienced the largest thematic outflow at €56.1 million. Blockchain strategies were the weakest-performing theme, down 3.44%.

Commodity ETP demand was led by gold, which took in €348.0 million and accounted for most commodity inflows. Crude oil products gathered €64.8 million and silver attracted €47.4 million.

In crypto ETPs, bitcoin products recorded €69.8 million of net inflows. Smaller inflows went to Sui (€9.0 million) and Solana (€8.7 million). Near saw the largest crypto outflow at €22.4 million, followed by TRON with €15.3 million withdrawn.

ETF issuers with the largest net inflows were iShares at €3.06 billion, Amundi with €2.26 billion and Vanguard at €1.15 billion. State Street reported €987.9 million of net inflows, Xtrackers by DWS €586.8 million, UBS €469.4 million and BNP Paribas Asset Management €309.0 million.

Among individual ETFs, the Vanguard FTSE All-World UCITS ETF (VWCE) had the largest single-product inflow at €475.2 million. The iShares $ Corp Bond UCITS ETF (LQDA) took €468.9 million and the iShares MSCI World Value Factor Advanced UCITS ETF (CBUI) added €461.7 million.

Equity ETF performance leaders included the Defiance Photonics UCITS ETF (LYTE), up 9.77%, and the First Trust Bloomberg Global Semiconductor Supply Chain UCITS ETF (CHPS), up 6.94%. Several cybersecurity-focused ETFs, including Rize Cybersecurity and Global X Cybersecurity, rose about 6.2%.

Trackinsight compiled the weekly snapshot of flows and returns for Sept. 28–Oct. 2, 2026, covering asset class, regional and thematic movements across European-listed ETFs.