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

 

# Sectors In Review: September 2019

 

 

Sector ETFs recorded largely positive performance during July.



 

 

 

 

 [![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)

 Sep 01, 2019

 Edited by: Heather Bell

 

 

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July saw most sector ETFs recording returns in positive territory, but those increases weren’t dramatic. The [SPDR S&amp;P Semiconductor ETF (XSD)](/XSD) led the funds, with gains of 8.54%, while two financials ETFs followed in its wake. The [Invesco KBW Bank ETF (KBWB)](/KBWB) and the [iShares U.S. Financial Services ETF (IYG)](/IYG) were up 4.27% and 3.66%, respectively. The [SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (XOP)](/XOP) was the worst performer, with a decline of 7.99%; the [iShares U.S. Pharmaceuticals ETF (IHE)](/IHE) was down 4.19%; and the [iShares NASDAQ Biotechnology ETF (IBB)](/IBB) saw a loss of 3.08%. The [Utilities Select Sector SPDR Fund (XLU)](/XLU) pulled in the most of any of the sector ETFs, gaining $635 million, while the [Vanguard Real Estate ETF (VNQ)](/VNQ) had inflows of $578.6 million and the [Financial Select Sector SPDR Fund (XLF)](/XLF) gained $354.6 million. The [Health Care Select Sector SPDR Fund (XLV)](/XLV) saw the greatest outflows, with a loss of $884.7 million, followed by the [Energy Select Sector SPDR Fund (XLE)](/XLE), which lost $261.6 million, and the [iShares U.S. Real Estate ETF (IYR)](/IYR), which lost $252 million.

![](/sites/default/files/images/Magazines/ETF%20Report/2019/09/SectorsInReviewSeptemberFig1.jpg)

[![SectorsInReview](/sites/default/files/images/Magazines/ETF%20Report/2019/09/SectorsInReviewSeptemberFig2.jpg)](/sites/default/files/images/Magazines/ETF%20Report/2019/09/SectorsInReviewSeptemberFig2b.jpg)

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



*Sources: Bloomberg and FactSet. Data from 06/28/2019 to 07/31/2019. 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) 

 [Equity](http://www.etf.com/topics/equity) 

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

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

 [Biotech](http://www.etf.com/topics/biotech)