European ETF Flows: Equities Lead in Week 37

Data from Trackinsight show European-listed ETFs and ETPs recorded strong net inflows during week 37, covering September 7–11, 2026. Equity products led with €32.69 billion, fixed income attracted €6.41 billion and commodity products added €2.07 billion. Cryptocurrency ETPs drew €149.0 million, volatility ETFs €82.2 million and multi-asset funds €38.0 million.

By sector, Health Care was the largest net recipient at €1.28 billion, followed by Materials (€621.6 million) and Information Technology (€363.3 million). Real Estate received €250.5 million and Financials €227.4 million. The main sector outflows were in Consumer Discretionary (-€124.5 million), Utilities (-€107.8 million) and Energy (-€39.8 million).

Sector returns diverged from flows. Energy led weekly performance with a 2.01% gain. Communication Services rose 0.84% and Information Technology was essentially flat at 0.06%. Health Care fell 4.11%, Materials declined 2.58% and Industrials lost 1.87%.

Regional flows concentrated in global and developed-market exposures. World equity ETFs attracted €9.31 billion and Developed Markets ETFs added €8.27 billion. U.S.-focused products took in €4.32 billion, Europe attracted €2.76 billion and Emerging Markets €2.55 billion. Single-country inflows included Taiwan (€1.23 billion) and Switzerland (€1.17 billion). Germany (-€355.2 million), China (-€136.8 million), South Africa (-€106.1 million) and Canada (-€103.6 million) posted the largest outflows.

Market performance was mixed. South Korea led with a 3.46% gain and Turkey rose 3.30%. The UAE advanced 1.78%. Greater China fell 5.22% and Switzerland dropped 4.22%; Romania and Vietnam also registered declines.

Thematic ETFs saw flows into sustainability and security themes. Net Zero 2050-themed funds led thematic inflows with €1.30 billion, followed by Cybersecurity (€304.0 million) and Robotics & Automation (€203.3 million). Global Infrastructure, Cryptocurrency-themed funds and Climate Action also recorded inflows. Branding and Luxury recorded the largest thematic outflow at -€247.9 million.

In thematic performance, Wind Energy led with a 1.29% gain, followed by Electrification and 5G. China Digitalization fell 5.15% and Healthcare Technology & Innovation declined 4.91%.

Within fixed income, government investment-grade ETFs drew €2.62 billion and corporate investment-grade funds added €863.2 million. Government aggregate products took in €499.3 million and aggregate investment-grade ETFs added €426.3 million, while aggregate-category ETFs overall recorded €92.5 million of outflows.

Gold dominated commodity ETP flows, attracting €2.68 billion. Silver and copper added €109.9 million and €94.6 million respectively. Multi-commodity ETPs experienced the largest outflow among commodities at -€643.9 million; crude oil and agriculture also saw redemptions.

In cryptocurrency ETPs, Bitcoin products led inflows at €131.2 million. Uniswap and Near recorded smaller inflows, Ether added €4.0 million and some smaller crypto products, including Morpho and multi-cryptocurrency funds, posted modest outflows.

By issuer, iShares led weekly net inflows with €19.22 billion, followed by Vanguard (€6.19 billion), Amundi (€5.57 billion), Xtrackers (€2.19 billion) and UBS (€1.85 billion). The most-subscribed single funds included the Vanguard FTSE All-World UCITS ETF (VWCE, €716.1 million), Vanguard FTSE Global All-Cap (VALL, €414.1 million), iShares Core MSCI World (IWDA, €412.2 million) and iShares MSCI ACWI (SSAC, €403.3 million).

Top equity ETF performers for the week included the HSBC MSCI Korea Capped UCITS ETF (HKOD, +5.76%) and the Defiance Photonics UCITS ETF (LYTE, +3.99%), with several energy- and commodity-linked ETFs gaining roughly 3.8–3.9%.

Trackinsight’s weekly dataset covers European-listed ETFs and ETPs for September 7–11, 2026 and details flows and performance across asset classes, sectors, regions and themes.