Fixed income grabbed the biggest weekly inflow. $34.6B flowed into bonds in the past week. That beat equities, which took in $30.3B. Over three months, equities dominate with $553B versus bonds' $254B. The short-term picture is shifting.
The U.S. remains the clear destination. American ETFs pulled in a net $16.7B last week. Over three months, that figure stands at $219.6B — still the largest single geography by a wide margin.
Taiwan stood out this week. It posted a flow imbalance of 81.4, the highest among major markets. That signals strong buying pressure relative to size. Over three months, Taiwan has attracted $16.6B in net flows.
South Korea tells a different story. It lost $384M last week, with an imbalance of just 46.2. Yet over three months, it has pulled in $34.4B — a notable reversal. That weekly dip may be a short-term pause in a larger inbound trend.
India flipped negative this week. It shed $237M with an imbalance of just 3.4, close to pure selling. Over three months, India is barely positive at $213M. Investor appetite there is thin.
Germany also remained under pressure. It lost $131M this week and $996M over three months. Flow imbalance sits at 24.2 — consistent selling pressure.
Tech is the standout loser this week. Information Technology posted a net outflow of $1.16B over seven days. Over three months, it still leads all sectors with $19.8B in net inflows. Sellers are trimming a three-month winner.
Financials picked up the slack. The sector attracted $853M this week, with a flow imbalance of 68.6. Over three months, it has collected $3.6B. The weekly pace is accelerating.
Utilities showed the highest sector imbalance this week at 85.5. Net inflows reached $298M. Over three months, that adds up to $1.6B — a consistent defensive bid.
Energy reversed sharply. It bled $112M this week. Over three months, it has lost $3.7B — the worst sector performance over that period. Materials also lost $379M this week, though it sits positive over three months.
Fixed income's imbalance hit 76.0 this week. Commodities matched it at 76.1, adding $3.2B. Both beat equities' imbalance of 58.4. Investors are diversifying beyond stocks.
On strategy, Growth ETFs led all categories with a weekly imbalance of 91.4. $5.5B flowed in. Dividends were close behind at 88.3. Over three months, however, Active strategies lead everything with $141B in net flows and an imbalance of 73.8 — the clearest structural trend in the data.
ESG flows reversed sharply. The strategy was negative this week at -$131M. Over three months it is positive at $18.9B. Short-term selling pressure is hitting a three-month winner.
The overall tone is cautious rotation. Bonds and commodities are gaining ground. Tech profits are being taken. Defensive sectors and income strategies are drawing fresh money.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
