As July comes to an end, it’s time to take a look at the best- and worst-performing industry ETFs for the month.

Among the largest ETFs that represent major U.S. stock indices, the SPDR S&P 500 ETF Trust (NYSE:SPY) returned 3.1% in July, marking its fifth consecutive month of gains. The SPDR Dow Jones Industrial Average ETF (NYSE:DIA) had similar monthly performance, but the Invesco QQQ Trust (NASDAQ:QQQ) outperformed by 3.8%. The strongest performer, though, was the iShares Russell 2000 ETF (NYSE:IWM), which increased by 4.9%.

Which industries have performed significantly better than the overall market? Which ones, on the other hand, had a particularly rough month despite the broader risk-on period?

5. Semiconductors – VanEck Semiconductors ETF (NYSE:SMH)
   – Total return month-to-date: 5%
   – Total return year-to-date: 58.8%
   – Top holdings: NVIDIA Corp. (NASDAQ:NVDA) (20%), Taiwan Semiconductor Manufacturing Company (NYSE:TSM) (10.74%), Broadcom Inc. (5.64%) (NASDAQ:AVGO)
   – Monthly stock contributors: Nvidia (2.8 percentage points), Lam Research Corp. (NASDAQ:LRCX) (0.6pp), Intel Corp (NYSE:INTC) (0.5pp)

4. Agriculture – VanEck Agribusiness ETF (NYSE:MOO)
   – Total return month-to-date: 7.8%
   – Total return year-to-date: 3.1%
   – Top holdings: Zoetis Inc. (NYSE:ZTS) (8.6%), Deere & Company (NYSE:DE) (8.33%)
   – Monthly stock contributors: Zoetis Inc. (1pp); Archer-Daniels-Midland Company (NYSE:ADM) (0.9pp);

3. Oil & Gas – SPDR Oil & Gas Explor. & Prod. ETF (NYSE:XOP)
   – Total return month-to-date: 10.1%
   – Total return year-to-date: 11%
   – Top holdings: Antero Resources Corp. (NYSE:AR) (2.6%), SM Energy Company (NYSE:SM) (2.5%)
   – Monthly stock contributors: Ovintiv Inc. (NYSE:OVV) (0.6pp); APA Corp. (NYSE:APA) (0.5pp)

2. Oil services – VanEck Oil Services (NYSE:OIH)
   – Total return month-to-date: 18.9%
   – Total return year-to-date: 18.4%
   – Top holdings: Schlumberger Ltd. (NYSE:SLB) (19.6%); Halliburton Company (NYSE:HAL) (11%).
   – Monthly stock contributors: Schlumberger Ltd. (4pp); Halliburton Company (2.2pp)

1. Regional Banks – SPDR S&P Regional Banking ETF (NYSE:KRE)
   – Total return month-to-date: 19.8%
   – Total return year-to-date: -16.2%
   – Top holdings: Western Alliance Bancorp. (NYSE:WAL) (2.4%), Pinnacle Financial Partners, Inc. (NYSE:PNFP) (2.3%).
   – Monthly stock contributors: Western Alliance Bancorp. (0.85pp); ZIONS Bancorporation (NYSE:ZION) (0.8pp)

Read now: Oil Prices Hit $80, Sparking 5-Week Winning Streak: 5 Must-Watch Oil ETFs To Ride The Wave

5. Water Resources – Invesco Water Resources ETF (NASDAQ:PHO)
   – Total return month-to-date: 2.9%
   – Total return year-to-date: 12.6%
   – Top holdings: Danaher Corp. (NYSE:DHR) (8.1%), Ecolab Inc. (NYSE:ECL) (8%), Ferguson Plc (NYSE:FERG) (8%).
   – Monthly stock draggers: Walmont Industries Inc. (NYSE:VMI) (-0.3pp); Mueller Industries Inc. (NYSE:MLI) (-0.1pp).

4. Biotech – iShares Biotechnology ETF (NYSE:IBB)
   – Total return month-to-date: 2.1%
   – Total return year-to-date: down by 0.3%
   – Top holdings: Amgen Inc. (NYSE:AMGN) (8.5%), Vertex Pharmaceuticals Inc. (NYSE:VRTX) (8.5%)
   – Monthly stock draggers: Apellis Pharmaceuticals (NYSE:APLS) (-0.7pp); Biogen Inc. (NASDAQ:BIIB) (-0.3pp).

3. Real Estate – Vanguard Real Estate ETF (NYSE:VNQ)
   – Total return month-to-date: 2%
   – Total return year-to-date: 3.3%
   – Top holdings: Prologis Inc. (NYSE:PLD) (7.6%), American Tower Corp. (NYSE:AMT) (6%).
   – Monthly stock draggers: CoStar Group Inc. (NASDAQ:CSGP) (-0.2pp), Crown Castle Inc. (NYSE:CCI) (-0.2pp)

2. Airlines – U.S. Global Jets ETF (NYSE:JETS)
   – Total return month-to-date: down by 0.4%
   – Total return year-to-date: 25.9%
   – Top holdings: Delta Airlines Inc. (NYSE:DAL) (10.8%), American Airlines Group Inc. (NYSE:AAL) (9.8%).
   – Monthly stock draggers: American Airlines Group Inc. (-0.5pp), Southwest Airlines Co. (NYSE:LUV) (-0.4pp)

1. Solar – Invesco Solar ETF (NYSE:TAN)
   – Total return month-to-date: down by 3.3%
   – Total return year-to-date: down by 4.4%
   – Top holdings: First Solar Inc. (NYSE:FSLR) (11.1%), Enphase Energy Inc. (NYSE:ENPH) (9.1%)
   – Monthly stock draggers: SolarEdge Technologies Inc. (NASDAQ:SEDG) (-0.7pp), SMA Solar Technology AG (OTCPK: SMTGF) (-0.6pp).

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Edited by Judy Marie Sansom and Jason Reed