Cybersecurity ETFs drew €101.3m and lost 10.06% in the week to 16 October

Cybersecurity ETFs drew €101.3 million in the week to 16 October and posted the weakest thematic return in Europe, at -10.06%, according to Trackinsight data published by ETF Express.

Information Technology took in €96.5 million over the same five days while returning -8.08%, the worst sector result of the week. Equity ETFs attracted €5.23 billion and fixed income €2.63 billion, with commodity products adding €160.3 million and crypto products €24.2 million.

Financials recorded the largest sector outflow, €628.5 million, after €1.03 billion of withdrawals in the week to 25 September, as this publication reported. Health Care drew the largest sector inflow, €189.0 million, ahead of Utilities at €99.3 million.

Consumer Staples led sector returns at 5.77%, followed by Energy at 3.91%. Materials, down 2.34%, was the second-weakest sector behind tech.

World exposures took the largest geographic inflow at €1.75 billion, followed by US at €1.49 billion, while China lost €321.4 million and Europe €81.9 million. Switzerland posted the strongest geographic return at 4.24%; South Korea returned -14.01% and Indonesia -8.59%.

In fixed income, Government Investment Grade drew €912.3 million, the largest category inflow. The largest thematic outflow of the week was Net Zero 2050, at €718.9 million.