S&P 500 Rallies for Fourth Day, Driving VO Assets Higher
- VO leads mid-cap ETF flows amid broadening rally.
- Bond ETFs see activity as Treasury yields fall.
The Vanguard Mid-Cap ETF (VO) pulled in $1.2 billion, increasing its assets under management to nearly $80.3 billion, according to data provided by FactSet. This inflow came as the S&P 500 rose 0.4% on Thursday, marking its fourth consecutive session of gains.
The Vanguard Extended Market ETF (VXF) attracted $834.2 million, the Vanguard S&P 500 ETF (VOO) added $463 million and the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) gained $419 million as Treasury yields fell after an unexpected decline in wholesale prices.
On the outflow side, the SPDR Gold Shares (GLD) saw redemptions of $441 million, the iShares 0-3 Month Treasury Bond ETF (SGOV) experienced outflows of $236 million and the ARK Innovation ETF (ARKK) lost $207 million.
U.S. equity led asset classes with inflows of $5.6 billion as the Dow Jones Industrial Average climbed 272 points, while commodities ETFs experienced outflows of $583 million. Overall, ETFs gained $6.6 billion in net inflows.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| VO | Vanguard Mid-Cap ETF | 1,166.24 | 80,256.78 | 1.45% |
| VXF | Vanguard Extended Market ETF | 834.19 | 22,334.07 | 3.74% |
| VOO | Vanguard S&P 500 ETF | 462.92 | 650,163.61 | 0.07% |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | 418.96 | 51,987.27 | 0.81% |
| CGGR | Capital Group Growth ETF | 358.56 | 12,266.70 | 2.92% |
| TLT | iShares 20+ Year Treasury Bond ETF | 324.16 | 47,634.68 | 0.68% |
| VIG | Vanguard Dividend Appreciation ETF | 317.58 | 88,487.99 | 0.36% |
| VOE | Vanguard Mid-Cap Value ETF | 317.05 | 17,746.93 | 1.79% |
| AVEM | Avantis Emerging Markets Equity ETF | 315.28 | 9,674.08 | 3.26% |
| IJH | iShares Core S&P Mid-Cap ETF | 280.65 | 93,024.84 | 0.30% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| GLD | SPDR Gold Shares | -441.33 | 95,181.14 | -0.46% |
| SGOV | iShares 0-3 Month Treasury Bond ETF | -236.19 | 45,679.48 | -0.52% |
| ARKK | ARK Innovation ETF | -207.29 | 5,766.64 | -3.59% |
| JAAA | Janus Detroit Street Trust Janus Henderson AAA CLO ETF | -192.17 | 20,713.47 | -0.93% |
| IWV | iShares Russell 3000 ETF | -183.93 | 15,148.90 | -1.21% |
| IGSB | iShares 1-5 Year Investment Grade Corporate Bond ETF | -169.15 | 20,662.26 | -0.82% |
| SOXX | iShares Semiconductor ETF | -161.06 | 12,326.27 | -1.31% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -150.29 | 15,013.01 | -1.00% |
| VCSH | Vanguard Short-Term Corporate Bond ETF | -141.14 | 34,761.82 | -0.41% |
| VTEB | Vanguard Tax-Exempt Bond ETF | -127.14 | 35,471.60 | -0.36% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | -0.75 | 9,867.16 | -0.01% |
| Asset Allocation | 12.32 | 24,387.99 | 0.05% |
| Commodities ETFs | -583.17 | 204,868.00 | -0.28% |
| Currency | 373.64 | 137,256.10 | 0.27% |
| International Equity | 700.08 | 1,749,018.62 | 0.04% |
| International Fixed Income | -114.93 | 283,270.54 | -0.04% |
| Inverse | 24.09 | 14,548.79 | 0.17% |
| Leveraged | -90.91 | 130,212.37 | -0.07% |
| US Equity | 5,616.05 | 6,760,659.76 | 0.08% |
| US Fixed Income | 625.01 | 1,642,472.28 | 0.04% |
| Total: | 6,561.43 | 10,956,561.61 | 0.06% |
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.
