QQQ Captures $1.1B as Dow Jumps on Trade Deal Hopes
- The SPDR S&P 500 ETF Trust (SPY) continued its outflow streak Tuesday.
- International equity ETFs added $1.5 billion amid growing trade optimism.
The Invesco QQQ Trust (QQQ) pulled in $1.06 billion in new assets Tuesday, growing to $297.2 billion, according to etf.com daily fund flows data. The strong inflow came as the Dow Jones Industrial Average climbed 300.03 points (0.75%) to 40,527.62, with markets rallying on news that a major trade agreement was nearing completion.
The iShares MSCI Intl Quality Factor ETF (IQLT) attracted $1.06 billion, while the iShares Bitcoin Trust ETF (IBIT) gained $971 million. The Dimensional International Value ETF (DFIV) saw inflows of $743 million, as international equity ETFs overall added $1.5 billion amid growing trade optimism.
The SPDR S&P 500 ETF Trust (SPY) experienced the largest outflows at $1.9 billion despite the S&P 500 posting its sixth consecutive winning day, rising 0.6% to 5,560.83. The iShares MSCI Eurozone ETF (EZU) saw $1.8 billion exit, while the iShares Core S&P 500 ETF (IVV) lost $969 million.
U.S. equity ETFs gained $417 million, while fixed income ETFs added $1.48 billion amid reports that economists now expect Q1 GDP to show contraction. Overall, ETFs experienced net inflows of $4.2 billion for the day.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| QQQ | Invesco QQQ Trust Series I | 1,063.40 | 297,231.35 | 0.36% |
| IQLT | iShares MSCI Intl Quality Factor ETF | 1,059.71 | 10,358.91 | 10.23% |
| IBIT | iShares Bitcoin Trust ETF | 970.92 | 56,726.84 | 1.71% |
| DFIV | Dimensional International Value ETF | 743.28 | 10,678.20 | 6.96% |
| SDY | SPDR S&P Dividend ETF | 586.86 | 19,895.09 | 2.95% |
| VOO | Vanguard S&P 500 ETF | 457.52 | 601,807.95 | 0.08% |
| INTF | iShares International Equity Factor ETF | 420.61 | 1,891.12 | 22.24% |
| MBB | iShares MBS ETF | 364.55 | 36,884.80 | 0.99% |
| XLP | Consumer Staples Select Sector SPDR Fund | 338.56 | 15,829.33 | 2.14% |
| USHY | iShares Broad USD High Yield Corporate Bond ETF | 307.27 | 21,093.57 | 1.46% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -1,901.34 | 568,270.99 | -0.33% |
| EZU | iShares MSCI Eurozone ETF | -1,783.42 | 7,659.22 | -23.28% |
| IVV | iShares Core S&P 500 ETF | -968.99 | 557,832.35 | -0.17% |
| IWM | iShares Russell 2000 ETF | -643.75 | 58,210.16 | -1.11% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -313.94 | 27,442.39 | -1.14% |
| RSP | Invesco S&P 500 Equal Weight ETF | -304.05 | 69,586.99 | -0.44% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | -301.71 | 36,182.36 | -0.83% |
| TQQQ | ProShares UltraPro QQQ | -226.35 | 20,643.41 | -1.10% |
| ARKB | ARK 21Shares Bitcoin ETF Ben of Int | -226.30 | 4,767.86 | -4.75% |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | -216.56 | 63,661.63 | -0.34% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | -9.69 | 9,792.46 | -0.10% |
| Asset Allocation | 30.81 | 23,647.16 | 0.13% |
| Commodities ETFs | 235.59 | 212,443.08 | 0.11% |
| Currency | 625.65 | 121,684.82 | 0.51% |
| International Equity | 1,491.67 | 1,672,432.01 | 0.09% |
| International Fixed Income | 178.20 | 279,789.43 | 0.06% |
| Inverse | 156.07 | 15,002.19 | 1.04% |
| Leveraged | -431.81 | 106,165.33 | -0.41% |
| US Equity | 417.14 | 6,341,231.23 | 0.01% |
| US Fixed Income | 1,479.58 | 1,646,602.98 | 0.09% |
| Total: | 4,173.20 | 10,428,790.68 | 0.04% |
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.
