Understanding the Largest ETFs in Each Sector

I’m sharing insights about the largest ETFs in each major stock sector. The data comes from VettaFi’s ETF database, as of July 9, 2024.

This chart showcases the largest ETFs by assets under management (AUM) across 11 major stock sectors. Here are some interesting trends:

Technology Sector: Led by Invesco’s QQQ, with assets totaling $297 billion, it's not only the largest tech-focused ETF but also the fifth largest ETF traded in the U.S. overall.

Financial Sector: XLF is the largest ETF in this field, managing $40 billion in assets.

Consumer Discretionary: XLY, $20 billion.

Consumer Staples: XLP, $16 billion.

Healthcare Sector: XLV, $38 billion.

Energy Sector: XLE, $38 billion.

Industrials Sector: XLI, $18 billion.

Utilities Sector: XLU, $14 billion.

Real Estate Sector: VNQ, $32 billion.

Telecommunications Sector: VOX, $4 billion.

Materials Sector: GDX, $14 billion.

Invesco’s QQQ is not only the leader in the tech sector but also the fifth largest ETF in the entire U.S. market.

Select Sector SPDRs also manage prominent ETFs in various other sectors.

Diversification: Understanding the leading ETFs in each sector can help you diversify your investment portfolio and reduce risk.

Focus on Leading Funds: For example, QQQ's significant advantage in the tech sector makes it a worthwhile consideration for investors bullish on technology.