European ETF Flows: Fixed Income Tops Week 27

European-listed ETFs and ETPs recorded large shifts in capital during the week of June 29–July 3, 2026, with fixed income products drawing the most demand. Data from Trackinsight show fixed income ETFs attracted €29.09 billion while equity ETFs added €7.95 billion and commodity ETPs posted €4.30 billion of outflows.

Government investment grade funds led fixed income flows, taking in €27.19 billion. Corporate investment grade ETFs added €1.04 billion and corporate high yield products gathered €314.8 million. Government aggregate funds attracted €138.4 million and government agencies investment grade saw outflows of €53.9 million. Multi-asset products recorded inflows of €8.2 million. Cryptocurrency ETPs and volatility products added €5.3 million and €2.8 million respectively, while currency ETFs declined by €1.7 million.

At the sector level, health care ETFs drew the largest inflows among sectors with €201.3 million, followed by information technology at €182.7 million and materials at €77.4 million. Consumer staples, utilities and consumer discretionary added €73.0 million, €50.8 million and €29.2 million respectively. Energy registered the biggest sector outflow at €103.4 million, with industrials and communication services also posting outflows of €52.9 million and €36.3 million.

Sector performance for the week was led by industrials, which rose 7.08 percent. Financials gained 3.44 percent, materials added 2.77 percent and health care advanced 2.21 percent. Information technology fell 0.84 percent and energy declined 0.72 percent.

Geographic equity flows favored US-focused ETFs, which attracted €3.26 billion. World ETFs drew €2.13 billion, developed markets €1.60 billion and emerging markets €1.44 billion. Eurozone products added €230.4 million, Canada €195.6 million and Taiwan €105.2 million. China-focused products saw the largest regional outflow at €505.1 million, while Switzerland and Latin America declined by €162.6 million and €76.5 million respectively. Romania led weekly country performance with a 6.73 percent gain; Denmark rose 5.48 percent and Taiwan 5.12 percent. South Korea was the weakest of the highlighted markets, down 3.53 percent.

Thematic ETFs showed inflows into sustainability and technology themes. Net Zero 2050 strategies attracted €276.7 million, alternative energy funds €162.2 million and artificial intelligence & big data products €140.9 million. Global Defense recorded the largest thematic outflow at €151.4 million. The strongest thematic performance was space & deep sea, up 12.76 percent, while blockchain themes fell 6.72 percent.

Commodity ETPs saw heavy outflows from gold products totaling €4.48 billion. Multi-commodity ETPs added €129.7 million, silver €104.1 million and crude oil €45.7 million. Wheat-related products declined by €46.1 million. In cryptocurrency ETPs, ether products led inflows with €4.6 million, Chainlink drew €2.4 million and Internet Computer €1.5 million, while bitcoin products recorded €4.8 million of outflows.

Issuers were concentrated at the top of the table. Invesco reported €27.73 billion of net inflows for the week. iShares gathered €2.62 billion, Vanguard €2.34 billion and UBS €1.84 billion. Legal & General, Amundi and Xtrackers posted net inflows of €626.7 million, €593.9 million and €480.3 million respectively.

Among individual funds, the Invesco Global Government Bond UCITS ETF (GGGA) recorded the largest net inflow at €26.81 billion. The UBS Core MSCI Emerging Markets UCITS ETF (EMMUSC) took in €1.21 billion and the Vanguard FTSE All-World UCITS ETF (VWCE) added €866.2 million. Top weekly equity performers included the Defiance Drone UCITS ETF (DRON), up 15.32 percent, and the Global X Europe Focused Defence Tech UCITS ETF (ED3F), up 13.67 percent.

Trackinsight’s weekly figures cover net flows and performance across European-listed ETFs and ETPs for the period June 29 to July 3, 2026.