SPHQ Adds $3.7B in Assets as Investors Seek Quality
- SPHQ led ETF inflows during Wednesday's session.
- RDVY and FDL gained while SPY and SPLG saw outflows.
The Invesco S&P 500 Quality ETF (SPHQ) pulled in $3.7 billion on Wednesday, increasing its assets under management by 21% to $17.4 billion, according to data provided by FactSet. The ETF fell 0.9% on the day, while the S&P 500 ended Wednesday's session flat following the Federal Reserve's announcement that it will hold interest rates steady.
The First Trust Rising Dividend Achievers ETF (RDVY) and the First Trust Morningstar Dividend Leaders Index Fund (FDL) added $1.5 billion and $1.3 billion, respectively, while the VanEck Morningstar Wide Moat ETF (MOAT) raked in $1.2 billion.
The iShares Core Dividend Growth ETF (DGRO) saw inflows of $702.9 million, the popular Vanguard S&P 500 ETF (VOO) added $698.2 million and the iShares Bitcoin Trust (IBIT) followed up with $639.2 million of inflows.
On the outflows side, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) lost $669.2 million and $365.1 million, respectively, while the Vanguard Small-Cap ETF (VB) and Invesco QQQ Trust Series I (QQQ) each lost just under $300 million in assets.
U.S. equity ETFs gained $15.9 billion on Wednesday, while international equity ETFs attracted $1.8 billion. Commodities ETFs pulled in $429.1 million, and currency ETFs gathered $270.4 million. Overall, ETFs added $18.4 billion for the day.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPHQ | Invesco S&P 500 Quality ETF | 3,673.21 | 17,419.09 | 21.09% |
| RDVY | First Trust Rising Dividend Achievers ETF | 1,492.61 | 15,927.19 | 9.37% |
| FDL | First Trust Morningstar Dividend Leaders Index Fund | 1,331.08 | 6,733.10 | 19.77% |
| MOAT | VanEck Morningstar Wide Moat ETF | 1,237.85 | 13,762.01 | 8.99% |
| FJUN | FT Vest U.S. Equity Buffer ETF - June | 871.05 | 1,824.75 | 47.74% |
| VFLO | VictoryShares Free Cash Flow ETF | 839.90 | 5,001.97 | 16.79% |
| DGRO | iShares Core Dividend Growth ETF | 702.93 | 31,781.30 | 2.21% |
| VOO | Vanguard S&P 500 ETF | 698.21 | 681,560.10 | 0.10% |
| IBIT | iShares Bitcoin Trust ETF | 639.19 | 71,415.42 | 0.90% |
| SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | 596.52 | 8,515.90 | 7.00% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -669.23 | 27,859.52 | -2.40% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -365.08 | 16,635.09 | -2.19% |
| VB | Vanguard Small-Cap ETF | -298.69 | 63,053.42 | -0.47% |
| QQQ | Invesco QQQ Trust Series I | -290.93 | 337,425.50 | -0.09% |
| VOT | Vanguard Mid-Cap Growth ETF | -284.67 | 17,500.58 | -1.63% |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -208.46 | 20,578.44 | -1.01% |
| MDY | SPDR S&P Midcap 400 ETF Trust | -207.00 | 22,075.58 | -0.94% |
| ARKB | ARK 21Shares Bitcoin ETF Ben of Int | -191.40 | 4,651.68 | -4.11% |
| VOE | Vanguard Mid-Cap Value ETF | -177.61 | 18,250.92 | -0.97% |
| PTIR | GraniteShares 2x Long PLTR Daily ETF | -103.77 | 479.18 | -21.66% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | -0.92 | 10,079.31 | -0.01% |
| Asset Allocation | 41.99 | 24,165.03 | 0.17% |
| Commodities ETFs | 429.10 | 223,321.97 | 0.19% |
| Currency | 270.41 | 144,766.76 | 0.19% |
| International Equity | 1,839.01 | 1,817,314.32 | 0.10% |
| International Fixed Income | 143.85 | 297,763.97 | 0.05% |
| Inverse | 5.25 | 14,826.89 | 0.04% |
| Leveraged | 83.81 | 123,918.09 | 0.07% |
| US Equity | 15,867.28 | 6,907,344.18 | 0.23% |
| US Fixed Income | -255.98 | 1,672,820.70 | -0.02% |
| Total: | 18,423.81 | 11,236,321.22 | 0.16% |
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.
