ETF Momentum: Clean Energy and Palladium ETFs Dominate the Leaderboard

ETF Flows and Performance by Sector

By sector, Materials (+3.27%) and Consumer Staples (+3.39%) were the best performers, while Industrials (-3.61%) and Financials (-1.22%) lagged. Health Care ETFs recorded the largest inflows at €206 million, followed by Materials (€178 million) and Information Technology (€66 million). Outflows were led by Consumer Discretionary (-€72 million) and Financials (-€34 million).

ETF Flows by Region

Regionally, Developed Markets attracted €1.37 billion, led by the US (€672 million) and Developed Europe (€269 million). Japan (€154 million) and the Eurozone (€148 million) also saw positive flows, while Emerging Markets added a more modest €72 million.

ETF Performance by Region

Performance varied widely across regions. South Korea (+3.30%), France (+3.25%), and Mexico (+2.11%) led the gains, while Turkey (-6.73%), Greece (-5.57%), and Greater China (-4.51%) posted the steepest losses.

ETF Flows and Performance by Theme

Thematic ETFs saw continued investor activity. Net Zero 2050 funds recorded €330 million in inflows, followed by China Disruptive Technology (€121 million), Nuclear Energy (€119 million), and Global Defense (€80 million). Performance leaders included Hydrogen Economy (+4.10%) and Branding & Luxury (+3.28%), while Cryptocurrency (-13.21%), Asia Defense (-8.26%), and China Disruptive Technology (-5.68%) declined.

ETF Flows by Fixed Income Segment

Bond ETFs accumulated €2.32 billion overall. Government Investment Grade funds drew €1.03 billion, Corporate Investment Grade gained €753 million, and Corporate Aggregate received €286 million. Government Aggregate saw outflows of €120 million.

ETF Flows and Performance by Commodity

Commodity ETFs recorded redemptions of €446 million, led by Silver (-€320 million) and Gold (-€216 million). Platinum attracted €97 million. Despite outflows, commodity performance was positive, with Rhodium (+12.78%), Palladium (+8.44%), Silver (+6.49%), and Coffee (+6.29%) among the week’s strongest movers.

ETF Flows by Cryptocurrency

Within cryptocurrency ETPs, Bitcoin (€25 million), Solana (€21 million), and Ether (€8 million) saw inflows, while XRP (-€106 million) and multi-cryptocurrency products (-€27 million) experienced redemptions.

Top Performing ETFs of the Week

Investors chasing momentum had plenty to cheer, as precious metals and clean energy dominated the leaderboard. Here are the week’s standout performers:

• ZKB Palladium ETF AA CHF (ZPAL): +14.29%
• Market Access NYSE Arca Gold BUGS Index UCITS ETF (M9SD): +11.13%
• First Trust Nasdaq Clean Edge Green Energy UCITS ETF (QCLNUN): +8.39%
• BNP Paribas Palladium EUR Hedge ETC (B4NW): +8.19%
• Invesco Physical Palladium ETC (SPAL): +7.61%
• BNP Paribas Palladium ETC (BNQL): +7.39%
• Invesco Physical Gold GBP Hedged ETC (SGLS): +7.17%
• Invesco Physical Gold EUR Hedged ETC (8PSE): +7.17%
• ZKB Silver ETF AA CHF (ZSIL): +7.05%
• Global X Hydrogen UCITS ETF (HYCN): +6.71%