US equities absorbed the most money this week. ETF data shows $31.1B in net inflows to US-focused funds over the past seven days. That dwarfs every other geographic category. The flow imbalance reading of 58.9 confirms buying pressure, though it is not extreme.
The bigger story is what is happening under the surface. A sharp reversal is unfolding in Industrials. The sector bled $2.6B in net outflows over the past week. That is a striking contrast to its 3-month picture, where Industrials gathered $734M in net inflows. Selling pressure was heavy, with a flow imbalance of just 15.8 — deep into bearish territory.
US funds dominated the week with $31.1B of net inflows. Emerging Markets added $2.8B, with a strong flow imbalance of 88.2. Global Ex-US funds pulled in $8.6B. The imbalance there hit 99.8, meaning almost all flows were one-directional buying.
China tells a different story. It posted an $821M outflow this week. Over three months, however, China attracted $47.9B — one of the strongest geographic inflows on the 3m leaderboard. That is a meaningful reversal signal. Investors who piled into China-focused ETFs over the quarter are now pulling back. India also saw modest outflows of $168M this week, consistent with its negative 3m trend of -$633M.
South Korea similarly flipped. It pulled in $13.5B over three months. This week it lost $625M, with a flow imbalance of just 33.8, pointing to active selling.
Health Care led sector inflows this week with $1.1B. Financials added $1.05B. Real Estate gathered $661M. Utilities and Consumer Staples also saw buying, reinforcing a defensive tilt.
Tech stayed flat. Information Technology posted just $265M in net inflows this week despite $5.9B in gross inflows. The heavy outflows nearly cancelled them out. Over three months, Tech led all sectors with $20.2B in net inflows. The 1w fade signals that momentum there is stalling.
Energy flipped negative over three months at -$2B, but attracted $441M this week. That short-term bounce bears watching.
Equities pulled in $51B net this week. Fixed Income added $12.2B. Both are positive — a rare combination signalling broadly constructive sentiment rather than a flight to safety.
Commodities lost $700M this week. Over three months they attracted $24.9B, so this week's outflow is a break in trend.
Active strategies gathered $12.9B this week. Vanilla passive funds took in $41B. Momentum strategies were the week's clearest loser, shedding $5B — nearly all outflows, with a flow imbalance of just 3.4. Value also bled $1.4B. Growth lost $514M. Money is moving away from factor-based plays toward core index and active approaches.
The overall tone is risk-on but selective — investors are buying broad equity and fixed income while rotating away from China, Industrials, and factor strategies.
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.
