##  [# ETFs Add $74B In November](/sections/monthly-etf-flows/etfs-add-74b-november) 

 

# ETFs Add $74B In November

 

 

U.S.-listed ETFs saw a $3 billion month-to-month decline in flows for November.



 

 

 

 

 [![DanMika200x200.jpg](/sites/default/files/styles/author_image_icon/public/2023-02/DanMika200x200.jpg?itok=W3yFiWn- "DanMika200x200.jpg")](/contributors/dan-mika) 

[By Dan Mika](/contributors/dan-mika)

 Dec 01, 2021

 Edited by: Dan Mika

 

 

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The U.S.-listed ETF industry added $74.2 billion in new assets for the month of November, approximately $3 billion off October’s mark, despite having the worst single-day trading session of the year so far.

According to ETF.com data provider FactSet, U.S. ETFs have garnered $799.8 billion in new assets year-to-date, and now manage $7.02 trillion in assets.

**Equities Keep Adding, Defensive Plays Gain**

U.S. equity ETFs were primarily responsible for the drop in month-to-month flows for the industry, generating $46.6 billion in November versus $51.2 billion last month.

The large broad-market indices continued to lead inflows among ETFs, with the [**Vanguard Total Stock Market ETF (VTI)**](https://etf.com/VTI) adding $5.48 billion in new assets. The [**Vanguard S&amp;P 500 ETF (VOO)**](https://etf.com/VOO) and the [**iShares Core S&amp;P 500 ETF (IVV)**](https://etf.com/IVV) followed, with $4.0 billion and $3.8 billion in inflows, respectively.

But the emergence of the Omicron COVID-19 variant and ongoing inflation fears led to some more defensive ETFs rising toward the top of the inflows table.

The [**iShares TIPS Bond ETF (TIP)**](https://etf.com/TIP) continued its run in the top 10, adding $1.7 billion, while the [**iShares 7-10 Year Treasury Bond ETF (IEF)**](https://etf.com/IEF) gained just shy of $2.1 billion in new assets.

The [**iShares MSCI USA Quality Factor ETF (QUAL)**](https://etf.com/QUAL) rode a stunning $3.4 billion inflow on the final day of the month to finish the month with $3.5 billion in new assets overall, reversing what was a $1.4 billion outflow year-to-date. However, it’s not yet clear if the infusion of assets is a heartbeat trade, a result of a rebalance or organic movement from investors.

**Small Cap Growth, Energy Loses Assets**

The [**iShares Russell 1000 Growth ETF (IWF)**](https://etf.com/IWF) lost the most assets out of any ETF in the month, with $1.4 billion pulled by investors. And the [**iShares Russell 1000 ETF (IWB)**](https://etf.com/IWB) saw a $923 million outflow in the period.

The [**iShares iBoxx USD High Yield Corporate Bond ETF (HYG)**](https://etf.com/HYG) was a close second to IWF, with $1.4 billion in outflows, likely driven in part by the Fed’s announcement that it will begin to taper its emergency corporate bond-buying program over the next few months.

The energy sector also saw outflows as renewed lockdowns in Europe and Omicron’s spread rattled confidence in short-term demand. Near-month crude oil futures started the month close to $84 per barrel, but ended November in the $67.50 range.

The [**Energy Select Sector SPDR Fund (XLE)**](https://etf.com/XLE) lost $1.2 billion, while the [**SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (XOP)**](https://etf.com/XOP) lost nearly $647.4 million.

**Commodity Inflows Jump**

Commodity ETFs had their best month since May, adding $1.6 billion in assets compared with $542 million in October. The dominant ETF in the category was [**SPDR Gold Shares (GLD)**](https://etf.com/GLD), which added $673.62 million and broke an outflow streak that began in June.

Far behind in second place was the [**KraneShares Global Carbon ETF (KRBN)**](https://etf.com/KRBN), which added just $155 million in assets.

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

Top Gainers (November 2021)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMYTD 2021 Net Flows($,M)[VTI](https://www.etf.com/VTI)[Vanguard Total Stock Market ETF](https://www.etf.com/VTI)Vanguard5,479.80289,908.881.89%39,601.38[VOO](https://www.etf.com/VOO)[Vanguard S&amp;P 500 ETF](https://www.etf.com/VOO)Vanguard4,053.87275,329.611.47%48,360.32[IVV](https://www.etf.com/IVV)[iShares Core S&amp;P 500 ETF](https://www.etf.com/IVV)Blackrock3,808.23319,589.881.19%24,837.26[QUAL](https://www.etf.com/QUAL)[iShares MSCI USA Quality Factor ETF](https://www.etf.com/QUAL)Blackrock3,529.1927,850.1012.67%1,991.85[IEF](https://www.etf.com/IEF)[iShares 7-10 Year Treasury Bond ETF](https://www.etf.com/IEF)Blackrock2,071.7416,515.5612.54%2,282.80[ESGU](https://www.etf.com/ESGU)[iShares ESG Aware MSCI USA ETF](https://www.etf.com/ESGU)Blackrock1,867.6725,327.687.37%8,534.69[VEA](https://www.etf.com/VEA)[Vanguard FTSE Developed Markets ETF](https://www.etf.com/VEA)Vanguard1,781.82104,540.151.70%11,969.49[TIP](https://www.etf.com/TIP)[iShares TIPS Bond ETF](https://www.etf.com/TIP)Blackrock1,670.6237,674.584.43%10,845.35[QQQ](https://www.etf.com/QQQ)[Invesco QQQ Trust](https://www.etf.com/QQQ)Invesco1,658.21210,092.310.79%15,586.50[IEFA](https://www.etf.com/IEFA)[iShares Core MSCI EAFE ETF](https://www.etf.com/IEFA)Blackrock1,651.48100,920.991.64%12,159.15Top Gainers (Year-to-Date)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMNovember 2021 Net Flows($,M)[VOO](https://www.etf.com/VOO)[Vanguard S&amp;P 500 ETF](https://www.etf.com/VOO)Vanguard48,360.32275,329.6117.56%4,053.87[VTI](https://www.etf.com/VTI)[Vanguard Total Stock Market ETF](https://www.etf.com/VTI)Vanguard39,601.38289,908.8813.66%5,479.80[IVV](https://www.etf.com/IVV)[iShares Core S&amp;P 500 ETF](https://www.etf.com/IVV)Blackrock24,837.26319,589.887.77%3,808.23[BND](https://www.etf.com/BND)[Vanguard Total Bond Market ETF](https://www.etf.com/BND)Vanguard17,401.1883,212.0120.91%297.86[QQQ](https://www.etf.com/QQQ)[Invesco QQQ Trust](https://www.etf.com/QQQ)Invesco15,586.50210,092.317.42%1,658.21[VTV](https://www.etf.com/VTV)[Vanguard Value ETF](https://www.etf.com/VTV)Vanguard14,783.1788,956.6116.62%1,232.49[SPY](https://www.etf.com/SPY)[SPDR S&amp;P 500 ETF Trust](https://www.etf.com/SPY)State Street Global Advisors14,340.92422,294.823.40%-77.19[BSV](https://www.etf.com/BSV)[Vanguard Short-Term Bond ETF](https://www.etf.com/BSV)Vanguard13,427.3342,319.5031.73%-258.92[IEFA](https://www.etf.com/IEFA)[iShares Core MSCI EAFE ETF](https://www.etf.com/IEFA)Blackrock12,159.15100,920.9912.05%1,651.48[VEA](https://www.etf.com/VEA)[Vanguard FTSE Developed Markets ETF](https://www.etf.com/VEA)Vanguard11,969.49104,540.1511.45%1,781.82Biggest Losers (November 2021)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMYTD 2021 Net Flows($,M)[IWF](https://www.etf.com/IWF)[iShares Russell 1000 Growth ETF](https://www.etf.com/IWF)Blackrock-1,441.6276,221.31-1.89%-3,154.93[HYG](https://www.etf.com/HYG)[iShares iBoxx USD High Yield Corporate Bond ETF](https://www.etf.com/HYG)Blackrock-1,362.0218,414.74-7.40%-7,077.63[XLE](https://www.etf.com/XLE)[Energy Select Sector SPDR Fund](https://www.etf.com/XLE)State Street Global Advisors-1,220.1025,890.70-4.71%4,819.45[SDY](https://www.etf.com/SDY)[SPDR S&amp;P Dividend ETF](https://www.etf.com/SDY)State Street Global Advisors-1,024.1119,923.22-5.14%-54.96[IWB](https://www.etf.com/IWB)[iShares Russell 1000 ETF](https://www.etf.com/IWB)Blackrock-923.1930,821.03-3.00%-638.43[AAXJ](https://www.etf.com/AAXJ)[iShares MSCI All Country Asia ex Japan ETF](https://www.etf.com/AAXJ)Blackrock-830.804,235.70-19.61%-1,253.31[XLF](https://www.etf.com/XLF)[Financial Select Sector SPDR Fund](https://www.etf.com/XLF)State Street Global Advisors-752.3643,051.24-1.75%8,884.11[XOP](https://www.etf.com/XOP)[SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF](https://www.etf.com/XOP)State Street Global Advisors-647.383,275.26-19.77%-651.74[SCHR](https://www.etf.com/SCHR)[Schwab Intermediate-Term U.S. Treasury ETF](https://www.etf.com/SCHR)Charles Schwab-643.343,416.63-18.83%-454.03[ARKG](https://www.etf.com/ARKG)[ARK Genomic Revolution ETF](https://www.etf.com/ARKG)ARK-638.625,542.97-11.52%1,426.57Biggest Losers (Year-to-Date)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMNovember 2021 Net Flows($,M)[LQD](https://www.etf.com/LQD)[iShares iBoxx USD Investment Grade Corporate Bond ETF](https://www.etf.com/LQD)Blackrock-15,559.8637,619.61-41.36%-52.86[GLD](https://www.etf.com/GLD)[SPDR Gold Trust](https://www.etf.com/GLD)State Street Global Advisors-9,808.8456,991.23-17.21%673.63[HYG](https://www.etf.com/HYG)[iShares iBoxx USD High Yield Corporate Bond ETF](https://www.etf.com/HYG)Blackrock-7,077.6318,414.74-38.43%-1,362.02[USMV](https://www.etf.com/USMV)[iShares MSCI USA Min Vol Factor ETF](https://www.etf.com/USMV)Blackrock-6,468.7630,454.62-21.24%1,500.73[SHV](https://www.etf.com/SHV)[iShares Short Treasury Bond ETF](https://www.etf.com/SHV)Blackrock-4,739.1113,081.54-36.23%-538.92[JNK](https://www.etf.com/JNK)[SPDR Bloomberg High Yield Bond ETF](https://www.etf.com/JNK)State Street Global Advisors-3,426.758,967.93-38.21%564.92[IWF](https://www.etf.com/IWF)[iShares Russell 1000 Growth ETF](https://www.etf.com/IWF)Blackrock-3,154.9376,221.31-4.14%-1,441.62[EFAV](https://www.etf.com/EFAV)[iShares MSCI EAFE Min Vol Factor ETF](https://www.etf.com/EFAV)Blackrock-2,859.118,016.67-35.66%-131.04[USO](https://www.etf.com/USO)[United States Oil Fund LP](https://www.etf.com/USO)Concierge Technologies-2,569.722,470.25-104.03%51.59[EWY](https://www.etf.com/EWY)[iShares MSCI South Korea ETF](https://www.etf.com/EWY)Blackrock-2,082.114,648.38-44.79%-632.47Asset Classes (November 2021)

 Net Flows ($, mm)AUM ($, mm)% of AUM**U.S. Equity**46,602.324,230,556.121.10%**International Equity**10,772.721,279,414.470.84%**U.S. Fixed Income**12,227.681,105,109.071.11%**International Fixed Income**1,337.15149,840.020.89%**Commodities**1,604.80139,129.821.15%**Currency**457.843,356.2013.64%**Leveraged**727.8274,218.710.98%**Inverse**6.5112,052.840.05%**Asset Allocation**491.8919,867.512.48%**Alternatives**-2.327,082.09-0.03%**Total:****74,226.42****7,020,626.88****1.06%**Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM**U.S. Equity**404,303.694,230,556.129.56%**International Equity**192,424.791,279,414.4715.04%**U.S. Fixed Income**155,492.631,105,109.0714.07%**International Fixed Income**31,062.77149,840.0220.73%**Commodities**-1,891.41139,129.82-1.36%**Currency**1,821.413,356.2054.27%**Leveraged**2,087.8974,218.712.81%**Inverse**6,194.8612,052.8451.40%**Asset Allocation**5,139.6119,867.5125.87%**Alternatives**3,164.077,082.0944.68%**Total:****799,800.31****7,020,626.88****11.39%**November 2021 ETF Issuer League Table

IssuerNet Flows ($,M)AUM ($,M)% of AUMYTD 2021 Net Flows($,M)Blackrock27,909.242,407,185.231.16%179,479.34Vanguard25,147.632,029,594.241.24%300,182.15State Street Global Advisors4,288.321,059,547.850.40%66,798.70Invesco3,148.90404,045.180.78%47,438.66Charles Schwab1,281.17264,760.160.48%37,696.67First Trust2,205.50147,668.841.49%23,235.97JPMorgan Chase431.1969,665.920.62%21,296.67ProShares1,521.2569,576.892.19%10,771.17VanEck128.7762,089.810.21%8,471.37WisdomTree188.6746,580.700.41%4,420.96Mirae Asset Global Investments Co., Ltd.1,763.9242,600.784.14%19,301.77ARK-1,457.6335,512.76-4.10%10,001.17Dimensional Holdings697.0934,654.862.01%3,814.85Fidelity506.3433,250.781.52%4,551.58Direxion159.0628,564.460.56%649.74Allianz-95.2327,109.99-0.35%1,180.53Goldman Sachs341.6526,619.321.28%1,470.18DWS-198.0823,265.35-0.85%1,851.24Northern Trust496.7819,561.812.54%3,475.22CICC774.6715,590.544.97%12,069.13Franklin Templeton91.049,656.810.94%648.30Pacer Advisors259.409,513.742.73%2,672.50American Century Investments460.479,064.575.08%4,446.67SS&amp;C63.948,885.810.72%260.51Nuveen Securities1,793.938,564.9120.95%5,316.88Exchange Traded Concepts161.628,191.321.97%2,473.30Crestview196.817,078.672.78%1,437.69Abrdn Plc33.266,752.710.49%880.01ETFMG-77.316,447.97-1.20%1,265.00Innovator-16.875,829.54-0.29%1,382.37Manulife30.485,286.920.58%-496.70Principal-1,045.145,237.72-19.95%822.41Amplify Investments259.695,077.265.11%1,673.19 79.804,571.211.75%202.30Janus Henderson70.774,543.051.56%568.68New York Life-9.144,535.39-0.20%427.87The Hartford20.064,181.570.48%349.28Concierge Technologies154.373,977.963.88%-2,747.07BMO0.003,964.690.00%710.66US Global Investors184.393,369.685.47%774.47Barclays-145.153,352.53-4.33%1,680.20Toroso Investments124.792,847.334.38%1,119.70AdvisorShares488.072,441.9819.99%1,896.28Prudential39.462,130.211.85%803.26Aptus Capital Advisors59.391,721.503.45%668.19Ameriprise Financial25.431,703.911.49%463.52Defiance ETFs7.531,686.560.45%453.08O’Shares Investments-8.041,513.09-0.53%-59.25Vident-5.321,465.85-0.36%-40.24Virtus Investment Partners54.361,398.773.89%436.78Rational Capital LLC72.541,395.625.20%1,154.06GraniteShares1.551,395.590.11%50.77UBS32.431,299.222.50%-40.25Nationwide76.701,225.156.26%673.56Davis Advisers-2.951,223.12-0.24%105.53Roundhill Investments640.651,214.0252.77%983.58Cambria22.051,143.871.93%291.49Main Management43.561,136.423.83%307.64Inspire21.131,127.421.87%272.70The Bank of New York Mellon Corp.-11.131,122.10-0.99%513.17EMPIRICAL FINANCE LLC30.291,068.102.84%329.42Credit Suisse Group AG34.061,064.043.20%309.54Simplify Asset Management Inc.99.53939.3310.60%753.81Horizon Kinetics LLC36.15898.644.02%858.56Aegon-1.24810.38-0.15%-47.14The Motley Fool6.62733.010.90%83.82Howard Capital Management43.39694.816.25%270.51Merk16.04586.572.74%172.06T. Rowe Price Group, Inc.28.27574.034.93%292.58Timothy Plan5.60525.321.07%58.79Redwood Investment Management14.93524.472.85%61.49Tortoise4.95511.250.97%4.47Distillate Capital44.25505.098.76%227.84Renaissance Capital-16.35487.30-3.36%-254.24TrimTabs-0.74465.49-0.16%38.14Liquid Strategies14.25460.203.10%131.32Cavalier1680.07458.5017.46%134.21SRN Advisors5.41388.081.39%60.29Donald L. Hagan LLC31.06382.038.13%190.85Regents Park Funds0.00378.620.00%96.92ClearShares LLC6.67368.281.81%116.08Sprott-3.14347.62-0.90%14.76Little Harbor Advisors22.78347.326.56%269.07ProFund Advisors LLC1.75322.950.54%387.53Al Marketing LLC-12.45317.71-3.92%-74.70Government of Sweden6.81301.072.26%-4.87Teucrium-1.71292.54-0.59%-110.18WBI-2.93282.64-1.04%-9.72Engine No. 1 LLC23.26260.758.92%239.98Core Alternative Capital4.41242.461.82%97.32TrueMark Investments15.81205.947.68%120.19Syntax Advisors1.77200.790.88%51.53Intangible Capital-0.02198.41-0.01%5.00Mcivy Co. LLC-2.89187.15-1.54%128.23Impact Shares4.53183.432.47%138.06Advisors Asset Management24.16179.0513.49%132.80Wahed8.26168.264.91%76.58Capital Impact Advisors-10.87164.38-6.62%-17.91Tuttle Tactical Management, LLC18.49147.5012.53%4.75Swan Global Investments11.60146.917.90%136.08Arrow Funds-6.12130.26-4.70%-0.13Wainwright, Inc.1.49124.691.19%108.12Gadsden1.29122.411.06%21.99ProcureAM6.15116.865.26%72.53Kingsview Partners LLC2.12113.731.87%104.30Change Finance6.99108.836.42%64.01Humankind USA LLC0.03105.860.03%94.55CornerCap Investment Counsel, Inc.1.59105.661.51%29.65AGF-3.33105.66-3.15%-16.94Pettee Investors2.0394.362.15%36.54Emles Advisors LLC0.7391.500.80%28.80Neil Azous Revocable Trust-0.7386.70-0.85%66.27Exponential ETFs0.0082.070.00%-0.27Beyond Investing2.1573.302.93%24.91Metaurus Advisors0.0167.780.02%6.66Groupe BPCE0.0067.080.00%11.22GeaSphere LLC18.5766.3428.00%65.33Truist32.7760.5354.13%37.46Alger Group Holdings LLC4.5660.327.56%49.83Valkyrie Funds LLC9.8058.8416.65%63.08Toews Corp.2.4856.904.37%8.01Guinness Atkinson Asset Management1.2355.702.21%14.95Absolute Investment Advisers LLC0.6953.801.29%12.62Oneascent Holdings LLC50.4351.0098.88%50.43Charger Corp.22.4149.2545.51%48.61Alexis Investment Partners LLC2.1548.904.39%29.49Esoterica0.0248.850.04%17.78ETF Series Solutions4.5444.6810.16%12.67Infusive Asset Management0.0042.480.00%6.84Rayliant Investment Research1.9042.064.51%42.59Formidable Asset Management1.9042.064.51%41.56Inverdale Capital Management LLC5.6641.8813.52%35.36Premise Capital0.0040.750.00%-14.102nd Vote Value Investments, Inc0.8840.642.17%31.29New Age Alpha Advisors LLC5.5539.7713.95%35.95Power Corporation of Canada2.0638.985.29%6.78Red Gate Advisers LLC0.2838.290.73%6.38Highland Capital Management-0.0138.21-0.02%-14.61Pacific Life-1.9634.76-5.64%5.37Ridgeline Research LLC1.7633.095.30%27.33Uncommon Investment Advisors LLC2.1331.326.79%29.97AlphaMark Advisors0.0026.090.00%-1.41Cabot ETF Partners LLC-0.6225.29-2.47%31.71Knights of Columbus0.0023.250.00%23.13Cohanzick Management12.2422.7853.72%22.44ASYMmetric ETFs3.4621.6815.95%20.69Mairs &amp; Power, Inc.0.0018.570.00%18.55Future Fund Advisors4.8817.3628.13%17.47The Leuthold Group LLC0.7817.224.52%2.96Changebridge Capital LLC0.0016.980.00%10.96MCCM Group LLC-1.3916.32-8.53%28.58GAMCO Investors, Inc.0.1415.350.94%7.99Point Bridge Capital0.0013.380.00%0.97Water Island Capital Partners LP0.7812.106.44%2.17EquBot0.0011.210.00%4.82Counterpoint Mutual Funds LLC1.2010.1011.87%-2.41Alternative Access Funds LLC0.0010.030.00%0.00Grace Partners of Dupage LP10.009.99100.12%10.00Whitford Asset Management0.009.780.00%5.85Applied Finance Group0.699.597.18%8.03Reflection Asset Management, LLC2.219.5323.19%6.37Jacob Asset Management0.007.420.00%7.47Spear Advisors LLC0.565.1011.06%4.62Global Beta Advisors0.005.060.00%-2.97Retireful LLC3.165.0262.94%3.16Banhazl0.244.625.25%1.58Zacks Investment Management1.954.6142.25%4.55Lifegoal Investments LLC0.753.9418.95%2.73Lyrical Partners0.673.2420.69%2.57Democracy Investment Management LLC-0.673.17-21.11%2.61Wilshire Phoenix Funds LLC0.001.770.00%0.00Chadds Ford Investment Management LLC0.000.730.00%0.75Inherent Wealth Fund LLC0.300.26113.81%0.30Litman Gregory Capital Partners LLC0.000.000.00%20.26RBS Securities0.000.000.00%0.00Eaton Vance Corp.0.000.000.00%0.00Disclaimer: 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.





 

 

 [ Dan Mika ](/contributors/dan-mika) 

 

 

  Dan Mika is a reporter for etf.com. He has previously covered business for the Ames Tribune and Cedar Rapids Gazette in Iowa, and BizWest Media in…   [View Bio](/contributors/dan-mika)

 



 

 


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