Netflix (NFLX) had a tough week as shares dropped more than 10%, though the dip seemed to have minimal impact on popular exchange-traded funds (ETFs) that are exposed to the streaming giant.

Netflix’s top ownership includes two major ETFs, according to Morningstar. The SPDR S&P 500 Trust (SPY) is a popular ETF that tracks the performance of the S&P 500 and owns 1.1% of Netflix shares. It dipped 0.5% this week.

Another ETF holding a large portion of Netflix shares is the iShares Core S&P 500 ETF (), which owns 0.94% and was 0.1% lower for the week.

Of the major ETFs, Invesco Next Gen Media Gaming ETF (GGME) may have the greatest exposure as Netflix accounts for 7.67% of its portfolio weight. GGME fell 1.6% this week.

Other ETFs in the communication sector with exposure to Netflix saw positive returns despite the company’s poor performance this week. 

Netflix makes up 5.52% of the Fidelity Disruptive Communications ETF (FDCF) and FDCF saw a nearly 0.4% increase this week. The Vanguard Communication Services ETF (VOX) went up 0.6%, even though Netflix accounts for 4.62% of the portfolio.

Netflix shares had slumped after CFO Spencer Newmann spoke at a Bank of America conference on Wednesday, where he warned of softer margins as the business adjusts to new revenue initiatives. Netflix introduced an ad-supported subscription and began enforcing a crackdown on password sharing in July of this year. Neumann also mentioned the SAG-AFTRA strike is “not good for the business."

Despite this week's losses, shares of Netflix have gained close to 35% year-to-date.