$10B Weekly Inflows As Stocks Near Highs

ETF investors were confident as the market rallied close to a record high.

sumit
|
Senior ETF Analyst
|
Reviewed by: Sumit Roy
,
Edited by: Sumit Roy

The U.S. stock market challenged its all-time highs this week, prompting investors to add a cool $10.3 billion to ETFs. U.S. equity ETFs garnered net inflows of $8.5 billion, while international equity ETFs picked up $1.2 billion, according to the latest data from FactSet.

The data, which measure the week ending Thursday, Aug. 9, also showed a $749 million net inflow for U.S. fixed-income ETFs.

For 2018 as a whole, net inflows into U.S.-listed ETFs now total $155.6 billion. For context, inflows totaled $285.1 billion during the same period in 2017, a record year for flows that was juiced by the fiduciary rule and an ever-climbing stock market.

Inflows For ‘IVV’ As S&P Nears Record

The usual suspects topped the inflows list for the week, such as the Invesco QQQ Trust (QQQ) and the iShares Core S&P 500 ETF (IVV).

The S&P 500 briefly reached as high as 2,863 during the week, just a smidgen below its record level of 2,873 set in late January.

Other ETFs to make the top weekly inflows list included the Financial Select Sector SPDR Fund (XLF), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG), the iShares U.S. Real Estate ETF (IYR) and the Vanguard Short-Term Bond ETF (BSV).

Meanwhile, the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), the SPDR Gold Trust (GLD) and the Invesco Senior Loan ETF (BKLN) filled out the top three spots on the weekly outflows list.

For a full list of the top inflows and outflows of the week, see the tables below:

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
QQQInvesco QQQ Trust1,604.5270,757.012.32%
IVViShares Core S&P 500 ETF933.13155,858.810.60%
XLFFinancial Select Sector SPDR Fund861.3632,708.052.70%
SPYSPDR S&P 500 ETF Trust755.75275,422.480.28%
VOOVanguard S&P 500 ETF665.9096,906.460.69%
IEFAiShares Core MSCI EAFE ETF639.6658,981.371.10%
HYGiShares iBoxx USD High Yield Corporate Bond ETF471.6716,346.642.97%
IYRiShares U.S. Real Estate ETF454.014,710.0710.67%
BSVVanguard Short-Term Bond ETF358.8525,867.921.41%
IEMGiShares Core MSCI Emerging Markets ETF286.4049,647.030.58%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-437.0434,098.92-1.27%
GLDSPDR Gold Trust-414.1530,566.46-1.34%
BKLNInvesco Senior Loan ETF-350.887,524.71-4.46%
XLKTechnology Select Sector SPDR Fund-313.2423,078.03-1.34%
DIASPDR Dow Jones Industrial Average ETF Trust-307.2721,703.35-1.40%
SCZiShares MSCI EAFE Small-Cap ETF-300.8310,769.08-2.72%
TIPiShares TIPS Bond ETF-278.0423,590.84-1.16%
IVWiShares S&P 500 Growth ETF-257.8122,263.23-1.14%
XLEEnergy Select Sector SPDR Fund-257.0718,642.49-1.36%
IGSBiShares Short-Term Corporate Bond ETF-233.1010,242.56-2.23%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity8,468.302,111,684.620.40%
International Equity1,222.07805,662.190.15%
U.S. Fixed Income749.03581,555.400.13%
International Fixed Income-6.8963,645.92-0.01%
Commodities -459.2861,701.61-0.74%
Currency-9.871,128.57-0.87%
Leveraged148.7237,869.960.39%
Inverse109.4612,886.780.85%
Asset Allocation0.359,469.120.00%
Alternatives124.124,468.282.78%
Total:10,346.023,690,072.440.28%

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity58,228.012,111,684.622.76%
International Equity33,963.05805,662.194.22%
U.S. Fixed Income49,405.29581,555.408.50%
International Fixed Income7,367.7763,645.9211.58%
Commodities 267.4861,701.610.43%
Currency-60.161,128.57-5.33%
Leveraged3,033.6437,869.968.01%
Inverse2,417.8112,886.7818.76%
Asset Allocation640.869,469.126.77%
Alternatives292.374,468.286.54%
Total:155,556.123,690,072.444.22%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
XRLVInvesco S&P 500 ex-Rate Sensitive Low Volatility ETF52,382216,525413.36%
BCMiPath Pure Beta Broad Commodity ETN3,90412,946331.59%
EWOiShares MSCI Austria ETF216,203769,159355.76%
TUZPIMCO 1-3 Year US Treasury Index ETF6,02016,225269.53%
ROAMHartford Multifactor Emerging Markets ETF8,42820,203239.71%
CORPPIMCO Investment Grade Corporate Bond Index ETF51,825135,599261.65%
PSCEInvesco S&P SmallCap Energy ETF39,687127,048320.12%
ENTRERShares Entrepreneur 30 ETF5,60910,211182.05%
XMLVInvesco S&P MidCap Low Volatility ETF144,168294,467204.25%
MXIiShares Global Materials ETF30,90257,076184.70%

 

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.

 

Sumit Roy is the senior ETF analyst for etf.com, where he has worked for 13 years. He creates a variety of content for the platform, including news articles, analysis pieces, videos and podcasts.

Before joining etf.com, Sumit was the managing editor and commodities analyst for Hard Assets Investor. In those roles, he was responsible for most of the operations of HAI, a website dedicated to education about commodities investing.

Though he still closely follows the commodities beat, Sumit covers a much broader assortment of topics for etf.com, with a particular focus on stock and bond exchange-traded funds.

He is the host of etf.com’s Talk ETFs, a popular video series that features weekly interviews with thought leaders in the ETF industry. Sumit is also co-host of Exchange Traded Fridays, etf.com’s weekly podcast series.

He lives in the San Francisco Bay Area, where he enjoys climbing the city’s steep hills, playing chess and snowboarding in Lake Tahoe.