European equity ETFs attracted €7.26 billion in net inflows during the week ending October 9, as investors continued allocating capital to global and US markets while financial-sector funds recorded the largest sector outflows.
Data compiled by Trackinsight and published by ETF Express showed that equity ETFs led asset-class inflows, followed by fixed-income ETFs with €3.18 billion. Commodity products attracted €90.2 million, while cryptocurrency products added €25.7 million.
Investor demand was concentrated in broad-market exposure. World equity ETFs attracted €2.28 billion, while US-focused products gathered €2.14 billion. Developed-market funds received another €1.49 billion. In contrast, Europe-focused equity ETFs recorded €175.3 million in outflows, while emerging-market products lost €171.9 million.
Sector allocations showed a different pattern. Utilities ETFs attracted €177.9 million, the strongest sector inflow, while financials recorded €451.8 million in outflows. Energy funds lost €108.5 million. The figures suggest investors were reallocating between sectors rather than uniformly increasing exposure to equities.
Performance varied sharply across markets. Brazil-focused equity exposures led regional returns, with the category gaining 15.06% during the week. South Korea was among the weakest markets, declining 4.34%. At sector level, energy gained 4.01%, while industrials fell 1.86%.
Bond ETFs also attracted substantial capital. Government investment-grade products gathered €1.89 billion, while corporate investment-grade funds received €1.46 billion. High-yield categories moved in the opposite direction, with government high-yield ETFs recording €158 million in outflows.
Gold remained a prominent destination within commodity products, attracting €366.5 million. Bitcoin investment products led cryptocurrency inflows with €45.6 million, while Ether products recorded €31.2 million in outflows.
Among providers, iShares led weekly net inflows with €3.41 billion, followed by Vanguard at €2.27 billion. The most popular individual product was Vanguard’s FTSE All-World UCITS ETF, which attracted €801.4 million.
The weekly figures point to continued demand for diversified global equity exposure alongside selective changes in sector and regional positioning. However, one week of fund flows cannot establish a lasting trend or reveal investors’ motivations with certainty. The contrast between inflows into global and US funds and outflows from Europe-focused products will be worth watching in the coming weeks.
SOURCES
