##  [# Sectors In Review: May 2019](/sections/etf-report-departments/sectors-review-may-2019) 

 

# Sectors In Review: May 2019

 

 

Sector ETFs had a mixed experience during the month.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 May 01, 2019

 Edited by: Heather Bell

 

 

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Sector ETF returns were muted during March, ranging from -6.32% for the [Invesco KBW Bank ETF (KBWB)](/KBWB) to 4.8% for the [Technology Select Sector SPDR Fund (XLK)](/XLK). Worst performer KBWB was followed by the [iShares U.S. Broker-Dealers &amp; Securities Exchanges ETF (IAI)](/IAI), down 4.23%, and the [iShares U.S. Healthcare Providers ETF (IHF)](/IHF), down 3.77%. At the other end of the spectrum, XLK was trailed by the [Vanguard Real Estate ETF (VNQ)](/VNQ) and the [iShares U.S. Real Estate ETF (IYR)](/IYR), which were up 4.19% and 4.16%, respectively. In terms of flows, the [Financials Select Sector SPDR Fund (XLF)](/XLF) lost more than any other fund, with $1 billion in outflows. XLK followed, with a loss of $626.3 million, while the [Consumer Discretionary Select Sector SPDR Fund (XLY)](/XLY) saw outflows of $494.8 million. The [Health Care Select Sector SPDR Fund (XLV)](/XLV) had inflows of $305.2 million, while the [iShares U.S. Medical Devices ETF (IHI)](/IHI) pulled in $288.5 million and IYR saw $230.1 million.

![](/sites/default/files/images/Magazines/ETF%20Report/2019/05/SectorsInReviewMayFig1.jpg)

[![SectorsInReview](/sites/default/files/images/Magazines/ETF%20Report/2019/05/SectorsInReviewMayFig2.jpg)](/sites/default/files/images/Magazines/ETF%20Report/2019/05/SectorsInReviewMayFig2b.jpg)

*For a larger view, please click on the image above.*



*Source: Bloomberg. Data from 02/28/2019 to 03/31/2019. ETFs chosen to represent each sector based on the most liquid ETF in each segment of the ETF.com ETF Classification System.*





 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [Sectors](http://www.etf.com/topics/sectors) 

 [Bank](http://www.etf.com/topics/bank) 

 [Banking and Investment Services](http://www.etf.com/topics/banking-and-investment-services) 

 [Banks](http://www.etf.com/topics/banks) 

 [Blackrock](http://www.etf.com/topics/blackrock)