ETFs Add $77B In October

The month’s inflows were virtually tied with June for the second-largest inflows by month in 2021.

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Reviewed by: Dan Mika
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Edited by: Dan Mika

Inflows into U.S.-based ETFs in October amounted to $76.9 billion during the month, making it the third-largest inflow month in the year so far, and just $100 million shy of June for second.

The nearly 30% gain from September is primarily from a rebound in U.S. equity investing, which jumped from $25.5 billion worth of inflows in September to $51.2 billion last month, according to ETF.com data provider FactSet.

The U.S. ETF industry had $6.9 trillion in assets under management as of Oct. 29, placing it within reach of the $7 trillion mark in early November.

Broad Equities, Inflation Play Lead Gainers

U.S. equity funds recovered from a shaky September for stocks to occupy the majority of the top 10 ETFs by inflow for September. Several early beats in the third-quarter earnings season drove the S&P 500 past 4,600 points for the first time in its history, and the Dow Jones Industrial Average sat just below the 36,000 mark in the waning sessions of the month.

The iShares Core S&P 500 ETF (IVV) was a zero-to-hero leader, going from having the largest outflow in September at almost $3.1 billion to gaining a whopping $9.1 billion in October. That figure is enough to account for nearly 44% of IVV’s entire year-to-date inflows. The Invesco QQQ Trust (QQQ) was a distant second, with just shy of $4.3 billion in inflows.

Other broad funds that appeared in the month’s top 10 include the SPDR S&P 500 ETF Trust (SPY), the Vanguard S&P 500 ETF (VOO) and the Vanguard Total Stock Market ETF (VTI), which gained a combined $10.2 billion.

Inflation-protected Treasury funds also gained as a sector during the month, as warnings continue to pile up over a snarled supply chain heading into the holiday season, along with shortages of various forms of energy.

The iShares TIPS Bond ETF (TIP) gained $1.9 billion on the month, while the Schwab U.S. TIPS ETF (SCHP) gained $1.4 billion.

Bonds Sell Off

Fixed income funds saw the largest outflows on the month, as investors retook risk-on positions and feared that inflation would cut further into bottom-scraping yields.

The iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) lost $2.9 billion in assets during the month, followed by the iShares 20+ Year Treasury Bond ETF (TLT) , with losses of $1.8 billion and the iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) with $1.4 billion lost.

A handful of sector-specific ETFs also suffered outflows. The iShares U.S. Real Estate ETF (IYR) lost $574 million, while the iShares Global Tech ETF (IXN) dropped $557 million and the Industrial Select Sector SPDR Fund (XLI) lost $549 million.

XLI was likely affected by ongoing fears of supply chain issuer, while IYR investors may have been looking to get out of their real estate exposures ahead of the usually mum winter selling season and a potential Federal Reserve rate hike announcement.

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

 

Top Gainers (October 2021)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMYTD 2021 Net Flows($,M)
IVViShares Core S&P 500 ETFBlackrock9,119.51315,543.912.89%21,029.04
QQQInvesco QQQ TrustInvesco4,260.19200,420.282.13%13,928.85
SPYSPDR S&P 500 ETF TrustState Street Global Advisors3,965.20416,428.260.95%14,418.11
VOOVanguard S&P 500 ETFVanguard3,834.17267,483.861.43%44,306.45
VTIVanguard Total Stock Market ETFVanguard2,441.59282,562.070.86%34,121.58
IEFAiShares Core MSCI EAFE ETFBlackrock2,134.15104,012.932.05%10,507.67
TIPiShares TIPS Bond ETFBlackrock1,897.9535,841.175.30%9,174.73
NUGONuveen Growth Opportunities ETFNuveen Securities1,636.441,677.9197.53%1,636.44
XLFFinancial Select Sector SPDR FundState Street Global Advisors1,447.6145,525.933.18%9,636.46
SCHPSchwab U.S. TIPS ETFCharles Schwab1,440.1121,428.286.72%7,020.54

 

Top Gainers (Year-to-Date)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMOctober 2021 Net Flows($,M)
VOOVanguard S&P 500 ETFVanguard44,306.45267,483.8616.56%3,834.17
VTIVanguard Total Stock Market ETFVanguard34,121.58282,562.0712.08%2,441.59
IVViShares Core S&P 500 ETFBlackrock21,029.04315,543.916.66%9,119.51
BNDVanguard Total Bond Market ETFVanguard17,103.3383,001.2620.61%1,185.89
SPYSPDR S&P 500 ETF TrustState Street Global Advisors14,418.11416,428.263.46%3,965.20
QQQInvesco QQQ TrustInvesco13,928.85200,420.286.95%4,260.19
BSVVanguard Short-Term Bond ETFVanguard13,686.2542,632.1432.10%711.22
VTVVanguard Value ETFVanguard13,550.6888,393.0115.33%1,062.64
IEMGiShares Core MSCI Emerging Markets ETFBlackrock10,719.7680,272.6413.35%0.00
IEFAiShares Core MSCI EAFE ETFBlackrock10,507.67104,012.9310.10%2,134.15

 

Biggest Losers (October 2021)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMYTD 2021 Net Flows($,M)
LQDiShares iBoxx USD Investment Grade Corporate Bond ETFBlackrock-2,917.1637,903.46-7.70%-15,507.00
TLTiShares 20+ Year Treasury Bond ETFBlackrock-1,862.8515,243.40-12.22%-2,422.00
IGSBiShares 1-5 Year Investment Grade Corporate Bond ETFBlackrock-1,460.1823,596.06-6.19%1,659.72
BBJPJPMorgan BetaBuilders Japan ETFJPMorgan Chase-967.448,002.81-12.09%1,532.64
PDPInvesco DWA Momentum ETFInvesco-645.621,865.14-34.61%-690.95
IYRiShares U.S. Real Estate ETFBlackrock-574.187,330.02-7.83%610.58
IXNiShares Global Tech ETFBlackrock-557.385,552.61-10.04%-383.01
XLIIndustrial Select Sector SPDR FundState Street Global Advisors-549.3617,833.61-3.08%-1,341.88
FASDirexion Daily Financial Bull 3x SharesDirexion-519.073,643.71-14.25%-1,076.10
TQQQProShares UltraPro QQQProShares-484.0217,122.40-2.83%1,188.32

 

Biggest Losers (Year-to-Date)

TickerNameIssuerNet Flows ($,mm)AUM ($M)% of AUMOctober 2021 Net Flows($,M)
LQDiShares iBoxx USD Investment Grade Corporate Bond ETFBlackrock-15,507.0037,903.46-40.91%-2,917.16
GLDSPDR Gold TrustState Street Global Advisors-10,482.4756,931.49-18.41%-426.86
USMViShares MSCI USA Min Vol Factor ETFBlackrock-7,969.4829,090.12-27.40%732.34
HYGiShares iBoxx USD High Yield Corporate Bond ETFBlackrock-5,715.6120,052.35-28.50%770.15
SHViShares Short Treasury Bond ETFBlackrock-4,200.1913,622.57-30.83%-361.20
JNKSPDR Bloomberg High Yield Bond ETFState Street Global Advisors-3,991.678,528.93-46.80%-456.14
EFAViShares MSCI EAFE Min Vol Factor ETFBlackrock-2,728.068,339.83-32.71%-67.99
USOUnited States Oil Fund LPConcierge Technologies-2,621.312,739.03-95.70%-98.20
TLTiShares 20+ Year Treasury Bond ETFBlackrock-2,422.0015,243.40-15.89%-1,862.85
XLPConsumer Staples Select Sector SPDR FundState Street Global Advisors-2,008.6211,792.49-17.03%-408.19

 

Asset Classes (October 2021)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity51,225.994,168,658.431.23%
International Equity10,084.171,323,105.360.76%
U.S. Fixed Income12,905.411,095,280.851.18%
International Fixed Income980.93149,475.520.66%
Commodities542.34140,771.430.39%
Currency1,321.953,140.7042.09%
Leveraged-1,633.2869,494.52-2.35%
Inverse556.3612,541.614.44%
Asset Allocation434.9919,287.962.26%
Alternatives474.757,061.446.72%
Total:76,893.616,988,817.831.10%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity357,785.744,168,658.438.58%
International Equity181,551.731,323,105.3613.72%
U.S. Fixed Income143,250.811,095,280.8513.08%
International Fixed Income29,725.63149,475.5219.89%
Commodities-3,535.58140,771.43-2.51%
Currency1,339.713,140.7042.66%
Leveraged1,853.1069,494.522.67%
Inverse6,245.2512,541.6149.80%
Asset Allocation4,542.5819,287.9623.55%
Alternatives3,166.297,061.4444.84%
Total:725,925.276,988,817.8310.39%

 

October 2021 ETF Issuer League Table

IssuerNet Flows ($,M)AUM ($,M)% of AUMYTD 2021 Net Flows($,M)
Blackrock20,559.972,410,769.140.85%151,570.10
Vanguard21,213.942,011,458.951.05%275,034.52
State Street Global Advisors8,704.571,052,376.640.83%62,510.37
Invesco7,818.52394,434.901.98%44,257.40
Charles Schwab4,577.98266,998.531.71%36,415.51
First Trust2,367.52146,028.531.62%21,030.47
JPMorgan Chase42.8870,659.360.06%20,865.48
ProShares1,579.0266,207.842.38%9,996.98
VanEck409.4962,811.580.65%8,342.59
WisdomTree1,095.2847,085.132.33%4,232.29
Mirae Asset Global Investments Co., Ltd.1,656.3941,947.273.95%17,549.81
ARK-200.9141,681.08-0.48%11,458.80
Dimensional Holdings506.7233,721.771.50%3,117.76
Fidelity27.6832,505.030.09%4,045.25
Direxion-1,290.5327,256.59-4.73%491.06
Allianz-260.4927,214.67-0.96%1,275.76
Goldman Sachs260.9626,238.630.99%1,059.20
Deutsche Bank3.3623,679.000.01%2,049.32
Northern Trust130.7519,390.610.67%2,978.44
CICC1,728.3615,360.2811.25%11,294.45
Franklin Templeton227.999,642.472.36%557.25
SS&C150.949,409.711.60%196.56
Pacer Advisors384.989,195.734.19%2,413.10
American Century Investments479.218,751.265.48%3,986.20
Exchange Traded Concepts224.818,215.622.74%2,311.06
ETFMG44.716,966.620.64%1,342.31
Abrdn Plc81.696,955.731.17%846.75
Crestview142.566,901.512.07%1,240.89
Nuveen Securities1,830.046,779.9326.99%3,522.96
Principal725.256,293.6611.52%1,805.12
Innovator115.505,861.591.97%1,399.24
Manulife29.305,312.340.55%-527.19
Amplify Investments77.624,866.221.60%1,413.50
New York Life-55.254,592.81-1.20%437.00
Janus Henderson121.294,493.952.70%497.91
Concierge Technologies26.564,313.700.62%-2,901.44
The Hartford51.224,238.921.21%319.22
BMO95.414,051.022.36%710.66
US Global Investors-108.543,511.65-3.09%590.08
Barclays385.123,467.3811.11%1,825.35
Toroso Investments-27.662,728.11-1.01%994.91
Prudential28.922,095.431.38%763.80
AdvisorShares0.221,982.880.01%1,408.21
Ameriprise Financial11.961,701.850.70%438.09
Aptus Capital Advisors14.531,672.520.87%608.80
Defiance ETFs18.531,577.491.17%445.55
O’Shares Investments-29.501,542.89-1.91%-51.21
Vident4.841,481.670.33%-34.92
GraniteShares-139.001,418.92-9.80%49.22
Virtus Investment Partners25.301,389.011.82%382.42
Rational Capital LLC90.971,332.316.83%1,081.52
UBS0.001,312.230.00%-72.68
Davis Advisers-6.551,279.80-0.51%108.48
The Bank of New York Mellon Corp.82.841,137.537.28%524.31
Nationwide80.301,136.507.07%596.85
Cambria19.651,135.801.73%269.44
Inspire20.201,114.671.81%251.57
Main Management5.591,080.790.52%264.08
Credit Suisse Group AG-8.731,073.97-0.81%275.47
EMPIRICAL FINANCE LLC14.501,037.751.40%299.13
Horizon Kinetics LLC148.19892.7416.60%822.41
Simplify Asset Management Inc.73.35846.748.66%654.28
Aegon0.00816.700.00%-45.90
The Motley Fool-5.79724.41-0.80%77.20
Roundhill Investments13.27628.672.11%341.44
Howard Capital Management32.20625.045.15%227.12
Merk13.87576.682.41%156.02
T. Rowe Price Group, Inc.21.64544.223.98%253.09
Renaissance Capital-20.66532.02-3.88%-237.88
Tortoise15.59529.142.95%-0.48
Timothy Plan3.01519.110.58%53.19
Redwood Investment Management-7.26510.65-1.42%46.56
TrimTabs9.10465.011.96%38.88
Distillate Capital38.12456.068.36%183.59
Liquid Strategies11.18441.902.53%117.07
SRN Advisors5.08388.301.31%54.88
Regents Park Funds15.84380.104.17%96.91
ClearShares LLC9.95362.232.75%109.41
Sprott0.00358.600.00%17.90
Donald L. Hagan LLC28.90346.218.35%159.79
Al Marketing LLC-5.21333.14-1.56%-62.26
Little Harbor Advisors60.52322.2118.78%246.29
ProFund Advisors LLC23.71314.607.54%385.78
Government of Sweden0.58300.220.19%-11.67
Teucrium3.81289.661.32%-108.47
WBI0.00287.870.00%-6.79
Core Alternative Capital10.33240.454.30%92.90
Cavalier168.56213.654.01%54.13
Mcivy Co. LLC4.90204.892.39%131.09
Intangible Capital0.08201.620.04%5.02
Syntax Advisors1.67198.760.84%49.75
TrueMark Investments6.01189.223.18%104.38
Capital Impact Advisors0.11185.790.06%-7.03
Impact Shares9.61178.645.38%133.53
Advisors Asset Management13.59157.338.64%108.64
Wahed2.90155.901.86%68.31
Arrow Funds-1.04139.13-0.75%5.99
Swan Global Investments12.76133.679.55%124.47
Wainwright, Inc.12.11132.119.17%106.63
Tuttle Tactical Management, LLC-13.97126.18-11.07%-17.49
Gadsden1.27121.321.04%20.70
ProcureAM-3.88120.05-3.23%66.38
Kingsview Partners LLC-3.97112.16-3.54%102.18
AGF1.77107.831.64%-13.61
CornerCap Investment Counsel, Inc.0.00106.030.00%28.06
Humankind USA LLC6.93105.796.55%94.52
Change Finance5.03101.424.96%57.02
Emles Advisors LLC3.4495.443.60%28.08
Pettee Investors6.5791.797.16%34.51
Neil Azous Revocable Trust0.6987.950.78%67.01
Exponential ETFs-1.4882.01-1.80%-0.27
Beyond Investing2.0969.962.98%22.76
Metaurus Advisors-4.2667.85-6.28%6.65
Groupe BPCE1.6067.092.38%11.22
Alger Group Holdings LLC3.5259.145.95%45.27
Guinness Atkinson Asset Management0.7154.871.30%13.72
Toews Corp.3.7254.686.80%5.52
Absolute Investment Advisers LLC1.3953.282.61%11.92
Valkyrie Funds LLC53.2852.98100.56%53.28
RBS Securities46.7548.1197.19%46.75
Alexis Investment Partners LLC2.0346.564.36%27.34
Esoterica0.0045.900.00%17.77
Infusive Asset Management0.0043.570.00%6.84
Premise Capital0.0040.780.00%-14.10
Formidable Asset Management0.0040.430.00%39.67
Rayliant Investment Research0.0140.200.02%40.69
2nd Vote Value Investments, Inc0.0039.600.00%30.41
Highland Capital Management0.0238.480.05%-14.60
ETF Series Solutions-2.8938.29-7.55%8.12
Red Gate Advisers LLC-0.1737.43-0.46%6.10
Power Corporation of Canada0.0037.210.00%4.72
Pacific Life4.8936.7213.32%7.33
Inverdale Capital Management LLC-1.8036.66-4.90%29.70
New Age Alpha Advisors LLC3.0933.879.13%30.40
Ridgeline Research LLC1.6630.825.39%25.58
Uncommon Investment Advisors LLC3.9629.4213.45%27.84
Truist2.3229.057.97%4.69
Charger Corp.19.4727.6070.55%26.20
AlphaMark Advisors0.0026.800.00%-1.41
Cabot ETF Partners LLC0.0025.620.00%32.34
Knights of Columbus0.0023.630.00%23.13
Mairs & Power, Inc.3.4818.4218.90%18.55
MCCM Group LLC-0.4318.26-2.37%29.97
ASYMmetric ETFs2.4917.9513.85%17.23
Changebridge Capital LLC0.0017.880.00%10.96
The Leuthold Group LLC0.7516.364.59%2.18
GAMCO Investors, Inc.0.2915.101.92%7.84
Point Bridge Capital-0.9713.51-7.15%0.97
Future Fund Advisors0.9813.397.31%12.59
EquBot0.0011.790.00%4.82
Cohanzick Management4.4010.3242.62%10.20
Alternative Access Funds LLC0.0010.030.00%0.00
Whitford Asset Management0.009.790.02%5.85
Counterpoint Mutual Funds LLC0.008.990.00%-3.60
Applied Finance Group-6.508.78-74.00%7.34
Jacob Asset Management0.008.180.00%7.47
Water Island Capital Partners LP0.007.890.00%1.29
Reflection Asset Management, LLC2.147.2329.58%4.16
Global Beta Advisors0.005.030.00%-2.97
Banhazl1.064.7422.42%1.34
Spear Advisors LLC0.004.340.00%4.05
Democracy Investment Management LLC0.003.990.00%3.28
Lifegoal Investments LLC0.243.237.46%1.98
Zacks Investment Management0.632.6623.80%2.60
Lyrical Partners1.902.5973.38%1.90
Wilshire Phoenix Funds LLC0.001.790.00%0.00
Chadds Ford Investment Management LLC0.000.740.00%0.75
Litman Gregory Capital Partners LLC0.000.000.00%20.26
Eaton Vance Corp.0.000.000.00%0.00

 

Disclaimer: 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 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 Fort Collins, Colorado. Dan holds a bachelor's degree in journalism from Truman State University.