MBB Leads With $1.2B Gain as Markets React to UK Trade Deal
- MBB inflows led mortgage bond demand.
- U.S. equity ETFs shed $3.2B despite market gains.
The iShares MBS ETF (MBB) pulled in $1.2 billion on Thursday, increasing its assets under management to $38.2 billion, according to data provided by FactSet. This inflow came as stocks rose Thursday, with the Dow climbing 254 points following President Donald Trump's announcement of a trade deal framework with the United Kingdom.
The Vanguard S&P 500 ETF (VOO) attracted $436 million even as other large equity funds saw outflows. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) added $268 million, while the SPDR S&P Biotech ETF (XBI) gained $254 million as investors showed interest in the healthcare sector.
On the outflow side, the SPDR S&P 500 ETF Trust (SPY) saw redemptions of $1.8 billion despite the S&P 500 rising 0.6% on positive trade developments. The iShares Core S&P 500 ETF (IVV) experienced outflows of $1.4 billion, while the Invesco QQQ Trust (QQQ) lost $798 million even as the Nasdaq-100 gained 1%.
U.S. fixed income led asset classes with inflows of $2.9 billion, while U.S. equity funds experienced outflows of $3.2 billion. Overall, ETFs gained $1.4 billion in net inflows as markets responded to the first major trade agreement since the implementation of global tariffs earlier this year.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| MBB | iShares MBS ETF | 1,238.13 | 38,177.11 | 3.24% |
| VOO | Vanguard S&P 500 ETF | 435.78 | 617,551.63 | 0.07% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 267.82 | 28,913.63 | 0.93% |
| XBI | SPDR S&P BIOTECH ETF | 253.65 | 4,803.89 | 5.28% |
| IAGG | iShares Core International Aggregate Bond ETF | 248.74 | 7,297.35 | 3.41% |
| USIG | iShares Broad USD Investment Grade Corporate Bond ETF | 237.24 | 13,527.94 | 1.75% |
| QLD | ProShares Ultra QQQ | 228.56 | 6,692.11 | 3.42% |
| GLD | SPDR Gold Shares | 218.90 | 102,445.11 | 0.21% |
| SSO | ProShares Ultra S&P 500 | 215.44 | 5,117.60 | 4.21% |
| JNK | SPDR Bloomberg High Yield Bond ETF | 188.82 | 6,748.07 | 2.80% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -1,768.48 | 572,164.62 | -0.31% |
| IVV | iShares Core S&P 500 ETF | -1,410.21 | 561,347.99 | -0.25% |
| QQQ | Invesco QQQ Trust Series I | -797.58 | 302,332.52 | -0.26% |
| SMH | VanEck Semiconductor ETF | -319.05 | 19,635.99 | -1.62% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -274.25 | 14,645.17 | -1.87% |
| IGV | iShares Expanded Tech-Software Sector ETF | -212.35 | 11,328.73 | -1.87% |
| RSP | Invesco S&P 500 Equal Weight ETF | -184.81 | 70,029.68 | -0.26% |
| VUG | Vanguard Growth ETF | -172.36 | 152,649.47 | -0.11% |
| GSLC | TR Activebeta US Large Cap Equity ETF | -171.88 | 12,602.93 | -1.36% |
| VCLT | Vanguard Long-Term Corporate Bond ETF | -161.99 | 11,868.16 | -1.36% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 20.76 | 9,799.94 | 0.21% |
| Asset Allocation | 7.94 | 23,922.12 | 0.03% |
| Commodities ETFs | 320.49 | 216,017.06 | 0.15% |
| Currency | 145.58 | 125,081.57 | 0.12% |
| International Equity | 410.27 | 1,712,572.51 | 0.02% |
| International Fixed Income | 489.86 | 282,270.63 | 0.17% |
| Inverse | 31.54 | 15,254.75 | 0.21% |
| Leveraged | 336.17 | 109,571.60 | 0.31% |
| US Equity | -3,242.92 | 6,446,779.43 | -0.05% |
| US Fixed Income | 2,863.18 | 1,649,995.34 | 0.17% |
| Total: | 1,382.85 | 10,591,264.95 | 0.01% |
Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.
