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Food and beverage tops Stoxx Europe 600 sector ETFs

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Stoxx Europe 600 sector exchange-traded funds saw USD129.6m of net outflows during the week ending 25 June, research by BlackRock shows.

The largest sector ETF inflows were in food and beverage with USD26.3m and personal and household goods with USD21.6m.

Banks experienced net outflows of USD42.9m.

Year-to-date, media has seen the largest net inflows with USD285.8m net new assets, followed by industrial goods and services with USD48.0m.

Basic Resources sector ETFs have seen the largest net outflows with USD213.4m YTD.

In total, Stoxx Europe 600 sector ETFs have seen USD642.9m net outflows YTD.

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