European ETFs Attract €8.1B; Energy and Staples Lead

Data from Trackinsight show European-listed ETFs recorded net inflows of €8.1 billion in the week of May 18-22. Equity ETFs attracted €4,647.9 million, Fixed Income €2,885.3 million and Commodity ETFs €584.6 million. Multi-Asset products took in €29.2 million, while Cryptocurrency and Currency ETFs saw outflows of €16.0 million and €45.1 million respectively.

Energy sector ETFs led allocations with €755.4 million and Consumer Staples took €606.9 million. Financials added €264.5 million and Health Care €46.3 million. Industrials produced the strongest weekly return at 4.29% but experienced the largest sector outflow of €596.8 million. Materials lost €378.7 million and Information Technology saw €267.9 million withdrawn. Communication Services and Real Estate recorded outflows of €69.0 million and €30.0 million; Utilities were down €2.7 million.

World equity ETFs received €2,904.9 million and Developed Markets exposures drew €1,767.7 million. US-focused funds took in €493.6 million, India €463.9 million and Japan €368.9 million. Emerging Markets accounted for €178.4 million. The UK and Canada recorded €123.6 million and €99.0 million respectively. The Eurozone posted the largest regional outflow at €917.5 million, while South Korea and Switzerland declined by €430.0 million and €354.3 million.

By performance, Sweden led regions with a 4.51% gain, South Korea rose 4.47% and Taiwan gained 3.90%. Indonesia fell 7.91%, Turkey declined 4.33% and Greater China dropped 3.48%.

Thematic ETFs drew interest in niche strategies. China Disruptive Technology gathered €160.2 million, Space & Deep Sea strategies added €112.5 million and Global Infrastructure attracted €89.0 million. Net Zero 2050 and Sustainable Development Projects took in €66.2 million and €64.7 million. Space & Deep Sea led thematic returns at 11.04%, Disruptive Technology rose 10.09% and Europe Defense gained 7.59%. China Digitalization fell 4.39% and cryptocurrency-themed funds declined 2.70%.

Within fixed income, Government Investment Grade ETFs recorded the largest inflow at €1,086.9 million. Corporate Investment Grade added €493.5 million, Aggregate Investment Grade €439.1 million and Corporate High Yield €171.1 million. Among commodities, Agriculture led with €232.0 million, Gold added €124.7 million and Multi Commodities €108.8 million. Silver and Emissions exposures collected €92.5 million and €76.9 million; copper saw an outflow of €36.9 million.

Cryptocurrency ETP flows were mixed. Near products posted the largest crypto inflow at €8.1 million and Sui drew €2.3 million. Bitcoin products recorded the largest crypto outflow at €16.5 million. Solana and Ether ETPs registered outflows of €5.9 million and €5.0 million respectively.

On the issuer front, iShares led net inflows with €1.84 billion, followed by Amundi at €1.53 billion and Xtrackers by DWS at €1.16 billion. State Street, Invesco, Vanguard, Fidelity, BNP Paribas Asset Management, VanEck and Schroders were also among the top ten by inflows. Top single-equity ETF performers included Boreas Solactive Quantum Computing UCITS ETF, up 16.57%, and iShares Quantum Computing UCITS ETF, up 14.08%. The most popular ETPs by net inflows included iShares MSCI ACWI UCITS ETF (€829.7 million), Amundi S&P World Energy Screened UCITS ETF (€721.9 million) and SPDR MSCI All Country World UCITS ETF (€628.9 million).