European ETF Market Wrap: Flows, Performance and Leaders | Week 45, 2026
Here’s a recap of European ETF activity between November 2 and November 6, from our data partners, Trackinsight, covering flows and performance across asset classes, sectors, regions and themes.
According to Trackinsight data, Equity ETFs attracted €10.79 billion and Fixed Income ETFs attracted €1.68 billion. Commodity products recorded €767.7 million in net outflows, while cryptocurrency products saw €93.2 million in net outflows.
Financials Lead Sector ETF Inflows as Industrials Record Largest Outflow
Financials ETFs recorded the largest sector inflow at €421.7 million.
Consumer Staples (€214.4 million), Health Care (€202.4 million), and Information Technology (€108.7 million) also attracted inflows.
Industrials (€79.4 million), Real Estate (€61.1 million), and Consumer Discretionary (€9.9 million) recorded the largest sector outflows.
Materials Lead Sector Returns While Energy Records Largest Decline
Materials led weekly sector returns at +8.24%, followed by Financials at +3.01% and Consumer Discretionary at +2.77%. Energy posted the weakest return at -10.58%, followed by Information Technology at -8.83% and Industrials at -4.66%.
US Leads Geographic Equity ETF Inflows While China Sees Largest Outflow
US exposures recorded the largest geographic inflow at €3.82 billion, followed by Developed markets at €2.53 billion and World at €2.18 billion.
Emerging markets (€918.1 million), Europe (€772.7 million), and India (€317.9 million) also attracted inflows.
On the outflow side, China (€164.9 million), Latin America (€57.3 million), and Developed Pacific (€53.0 million) recorded the largest withdrawals.
Greater China Leads Geographic Returns as Taiwan Records Weakest Result
Greater China posted the strongest weekly geographic return at +8.83%, followed by India at +8.76% and South Africa at +7.63%.
At the other end, Taiwan returned -13.26% and South Korea posted -13.12%.
East Asia (-6.97%), Japan (-6.64%), and Developed Asia Pacific (-6.43%) also ranked among the weakest geographic exposures.
Net Zero 2050 Leads Thematic Inflows While Solar Energy Leads Returns
Net Zero 2050 recorded the largest thematic inflow at €207.5 million, ahead of Climate Action at €43.1 million.
Robotics & Automation (€20.3 million), Green Projects (€15.3 million), and Artificial Intelligence & Big Data (€15.3 million) also gathered inflows.
In performance, Solar Energy led with a +12.92% weekly return. China Digitalization returned +8.68%, and Emerging Markets Awakening returned +7.35%.
Blockchain had the largest thematic outflow at €126.8 million, followed by China Disruptive Technology at €99.6 million. Cybersecurity recorded the weakest thematic return at -10.03%.
Corporate Investment Grade Leads Fixed Income ETF Inflows
Corporate Investment Grade recorded the largest fixed income category inflow at €1.19 billion.
Government Investment Grade (€401.8 million), Corporate High Yield (€279.1 million), and Aggregate Investment Grade (€69.0 million) followed.
Government Aggregate (€144.0 million) and Government Agencies Investment Grade (€71.4 million) recorded the largest outflows.
Multi Commodities Lead Commodity ETP Flows While Gold Records Largest Outflow
Multi Commodities attracted €125.1 million during the week.
Silver gathered €63.5 million and Sugar attracted €13.9 million, while Gold recorded €784.4 million in outflows, followed by Base Metals at €91.6 million and Crude Oil at €54.3 million.
Hyperliquid Leads Cryptocurrency ETP Inflows While Ether Sees Largest Outflow
Hyperliquid products attracted €4.8 million, the largest cryptocurrency inflow of the week.
Uniswap gathered €4.1 million and Binance Coin attracted €1.9 million. Ether recorded the largest outflow at €63.9 million, followed by Near at €18.8 million and Bitcoin at €14.4 million.
Top 10 ETF Issuers by Net Inflows This Week
iShares: €4.78 billion
Vanguard: €2.08 billion
Xtrackers by DWS: €978.5 million
State Street Investment Management: €821.7 million
Invesco: €702.6 million
Amundi: €633.5 million
Franklin Templeton: €351.6 million
UBS: €197.0 million
J.P. Morgan Asset Management: €190.7 million
Pictet Asset Management: €186.7 million
Top 10 Most Popular ETPs by Net Inflows This Week
Vanguard FTSE All-World UCITS ETF Accumulating – USD (VWCE): €965.3 million
iShares S&P 500 Equal Weight UCITS ETF (Acc) – USD (EWSP): €637.0 million
iShares Core € Corp Bond UCITS ETF – EUR (IEAC): €501.8 million
Amundi S&P World Financials Screened UCITS ETF Acc – EUR (WEL7): €323.0 million
Vanguard FTSE Global All-Cap UCITS ETF – Acc – USD (VALL): €311.8 million
iShares US Equity Enhanced Active UCITS ETF (Acc) – USD (USEE): €308.8 million
Franklin FTSE India UCITS ETF – Acc – USD (FLXI): €301.5 million
State Street SPDR MSCI All Country World UCITS ETF – USD (SPYY): €263.3 million
iShares Core S&P 500 UCITS ETF – USD (CSSPX): €239.9 million
JPMorgan ETFs (Ireland) ICAV – Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF (acc) – USD (JMRE): €237.2 million
Top 10 Performing Equity ETFs This Week
Global X Solar UCITS ETF – USD (RA7Z): 15.68%
UBS Solactive US Listed Gold & Silver Miners UCITS ETF acc – USD (GLDSL): 13.88%
Gold Miners Screened UCITS ETF – USD (ESGO): 13.33%
Amundi Gold Miners UCITS ETF Dist – USD (GLDM): 12.90%
VanEck Gold Miners UCITS ETF – USD (GDX): 12.86%
iShares Gold Producers UCITS ETF – USD (IAUP): 12.80%
Invesco Solar Energy UCITS ETF Acc – USD (ISUN): 12.73%
UBS Solactive Global Pure Gold Miners UCITS ETF (USD) A-dis – USD (UBUD): 12.52%
L&G Gold Mining UCITS ETF – USD (AUCO): 12.13%
VanEck Junior Gold Miners UCITS ETF – USD (GDXJ): 12.09%