##  [# US Equities Spark Weekly ETF Outflows](/sections/weekly-etf-flows/us-equities-spark-weekly-etf-outflows) 

 

# US Equities Spark Weekly ETF Outflows

 

 

U.S.-listed ETFs had net outflows of nearly $5 billion this week.



 

 

 

 

 [![sumit](/sites/default/files/styles/author_image_icon/public/2023-03/Sumit_0.png?itok=SO-7S5SH "sumit")](/authors/sumit-roy) 

[By Sumit Roy ](/authors/sumit-roy)

 Mar 22, 2019

 Edited by: Sumit Roy 

 

 

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ETFs followed up on 2019’s largest weekly inflows with a modest reversal. In total, $4.8 billion flowed out of U.S.-listed ETFs, one week after they saw inflows of $37 billion. Year-to-date inflows slipped to $49.9 billion.

This week’s outflows were largely fueled by U.S. equity ETFs. About $6.5 billion came out of that segment, while a much more modest $875 million came out of international equity ETFs.

On the other hand, U.S. fixed-income ETFs took in a solid $2.4 billion, offsetting the $345 outflow from international fixed-income ETFs.

**Volatile Markets**

Markets were volatile this week. The S&amp;P 500 reached the highest levels since early October on Thursday, before plunging on Friday. Concerns about economic growth and an inverted yield curve sparked the sell-off.

Bond prices surged and the yield on the 10-year Treasury bond dipped to as little as 2.42%, the lowest level in nearly 13 months. The yield on the 10-year briefly fell below that of the three-month Treasury. The so-called inverted yield curve, which often takes place before recessions, spooked investors.

The biggest flows winners during the week included the [Invesco QQQ Trust (QQQ)](https://www.etf.com/QQQ), the [iShares Core S&amp;P 500 ETF (IVV)](https://www.etf.com/ivv) and the [iShares Russell 2000 ETF (IWM)](https://www.etf.com/iwm). Biggest losers included the [iShares Select Dividend ETF (DVY)](https://www.etf.com/dvy), the [Vanguard Value ETF (VTV)](https://www.etf.com/vtv) and the [Vanguard Mid-Cap ETF (VO)](https://www.etf.com/vo).

For a full list of this week’s top inflows and outflows, see the tables below:

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change[QQQ](https://www.etf.com/QQQ)[Invesco QQQ Trust](https://www.etf.com/QQQ)3,456.9773,098.554.73%[IVV](https://www.etf.com/IVV)[iShares Core S&amp;P 500 ETF](https://www.etf.com/IVV)2,148.14168,209.301.28%[IWM](https://www.etf.com/IWM)[iShares Russell 2000 ETF](https://www.etf.com/IWM)2,010.4944,302.974.54%[VOO](https://www.etf.com/VOO)[Vanguard S&amp;P 500 ETF](https://www.etf.com/VOO)1,796.33107,975.561.66%[SPY](https://www.etf.com/SPY)[SPDR S&amp;P 500 ETF Trust](https://www.etf.com/SPY)1,163.12264,323.240.44%[IEFA](https://www.etf.com/IEFA)[iShares Core MSCI EAFE ETF](https://www.etf.com/IEFA)1,158.2660,093.461.93%[HYG](https://www.etf.com/HYG)[iShares iBoxx USD High Yield Corporate Bond ETF](https://www.etf.com/HYG)428.0915,599.772.74%[XLC](https://www.etf.com/XLC)[Communication Services Select Sector SPDR Fund](https://www.etf.com/XLC)371.785,334.266.97%[IUSB](https://www.etf.com/IUSB)[iShares Core Total USD Bond Market ETF](https://www.etf.com/IUSB)309.803,272.809.47%[JNK](https://www.etf.com/JNK)[SPDR Bloomberg Barclays High Yield Bond ETF](https://www.etf.com/JNK)303.479,601.233.16%Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change[DVY](https://www.etf.com/DVY)[iShares Select Dividend ETF](https://www.etf.com/DVY)-2,537.7916,926.42-14.99%[VTV](https://www.etf.com/VTV)[Vanguard Value ETF](https://www.etf.com/VTV)-2,277.4246,479.79-4.90%[VO](https://www.etf.com/VO)[Vanguard Mid-Cap ETF](https://www.etf.com/VO)-1,908.7524,747.07-7.71%[VIG](https://www.etf.com/VIG)[Vanguard Dividend Appreciation ETF](https://www.etf.com/VIG)-1,839.7532,461.62-5.67%[EFA](https://www.etf.com/EFA)[iShares MSCI EAFE ETF](https://www.etf.com/EFA)-1,642.8764,197.24-2.56%[SCHD](https://www.etf.com/SCHD)[Schwab U.S. Dividend Equity ETF](https://www.etf.com/SCHD)-1,133.538,896.97-12.74%[VYM](https://www.etf.com/VYM)[Vanguard High Dividend Yield ETF](https://www.etf.com/VYM)-1,047.5622,922.41-4.57%[VUG](https://www.etf.com/VUG)[Vanguard Growth ETF](https://www.etf.com/VUG)-975.9638,058.21-2.56%[VB](https://www.etf.com/VB)[Vanguard Small-Cap ETF](https://www.etf.com/VB)-954.2224,240.69-3.94%[XLK](https://www.etf.com/XLK)[Technology Select Sector SPDR Fund](https://www.etf.com/XLK)-837.5119,081.35-4.39%ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM**U.S. Equity**-6,466.112,144,841.31-0.30%**International Equity**-875.32825,032.17-0.11%**U.S. Fixed Income**2,392.82628,413.650.38%**International Fixed Income**-344.7274,143.38-0.46%**Commodities** 203.9865,059.740.31%**Currency**-14.751,457.30-1.01%**Leveraged**-178.8437,576.76-0.48%**Inverse**253.2711,845.982.14%**Asset Allocation**23.989,435.650.25%**Alternatives**171.384,688.503.66%**Total:****-4,834.30****3,802,494.44****-0.13%**Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM**U.S. Equity**11,537.562,144,841.310.54%**International Equity**6,327.37825,032.170.77%**U.S. Fixed Income**24,773.88628,413.653.94%**International Fixed Income**6,618.6974,143.388.93%**Commodities ETFs**-61.6065,059.74-0.09%**Currency**-327.761,457.30-22.49%**Leveraged**-1,800.4637,576.76-4.79%**Inverse**2,792.3211,845.9823.57%**Asset Allocation**-580.659,435.65-6.15%**Alternatives**618.944,688.5013.20%**Total:****49,898.29****3,802,494.44****1.31%**Top 10 Volume Surprises, Funds &gt;$50 mm AUM

TickerNameAverage Volume  
 (30 Day)1 Week Average  
 Volume% of Average[IAK](https://www.etf.com/IAK)[iShares U.S. Insurance ETF](https://www.etf.com/IAK)10,57746,228437.06%[LTPZ](https://www.etf.com/LTPZ)[PIMCO 15+ Year US TIPS Index ETF](https://www.etf.com/LTPZ)46,368243,517525.18%[MLPX](https://www.etf.com/MLPX)[Global X MLP &amp; Energy Infrastructure ETF](https://www.etf.com/MLPX)555,6571,306,970235.21%[DFJ](https://www.etf.com/DFJ)[WisdomTree Japan SmallCap Dividend Fund](https://www.etf.com/DFJ)110,613247,669223.91%[DOO](https://www.etf.com/DOO)[WisdomTree International Dividend ex-Financials Fund](https://www.etf.com/DOO)17,22835,634206.84%[VDC](https://www.etf.com/VDC)[Vanguard Consumer Staples ETF](https://www.etf.com/VDC)203,812368,947181.02%[PCY](https://www.etf.com/PCY)[Invesco Emerging Markets Sovereign Debt ETF](https://www.etf.com/PCY)1,817,8053,315,566182.39%[WOOD](https://www.etf.com/WOOD)[iShares Global Timber &amp; Forestry ETF](https://www.etf.com/WOOD)29,32063,109215.24%[YCS](https://www.etf.com/YCS)[ProShares UltraShort Yen](https://www.etf.com/YCS)4,5107,715171.07%[VAW](https://www.etf.com/VAW)[Vanguard Materials ETF](https://www.etf.com/VAW)144,469237,439164.35%Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.





 

 

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 [ Sumit Roy Senior ETF Analyst ](/authors/sumit-roy) 

 

 

  Sumit Roy is the senior ETF analyst for etf.com and author of (Don't) Invest Like a Pro. He creates a variety of content for the platform, including…   [View Bio](/authors/sumit-roy)

 



 

 


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