2018 ETF Flows Top $100B

Year-to-date inflows cross the $100 billion mark for the first time.

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Reviewed by: Heather Bell
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Edited by: Heather Bell

With a spectacular $15 billion in inflows, the week ending May 17 pushed year-to-date flows into ETFs above $100 billion to total $108.5 billion. Most of that was from U.S. equities, which pulled in $12.3 billion, blowing all the other asset classes out of the water. U.S. fixed-income ETFs were in second place, pulling in just $1.8 billion during the week.

The huge gains in U.S. equity ETFs can be mainly chalked up to the SPDR S&P 500 ETF Trust (SPY), which gained nearly $6 billion. The iShares Russell 2000 ETF (IWM) was a distant second, with inflows of just $841.9 million, while the iShares Edge MSCI U.S.A. Momentum Factor ETF (MTUM) gained $585.8 million.

Other funds of note in the week’s top 10 for flows include the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), which claimed the No. 4 spot by pulling in $516.5 million, and the iShares Global Energy ETF (IXC), the only sector fund in the top 10, which no doubt saw its gain of $352.4 million fueled by rising oil prices.

‘TLT’ Biggest Loser

Interestingly, the No. 3 fund for outflows was the U.S.-focused Energy Select Sector SPDR Fund (XLE), which lost $261.2 million. The biggest loser for the week was the iShares 20+ Year Treasury Bond ETF (TLT), which lost $332.8 million, followed by the SPDR Gold Trust (GLD), which lost $287.8 million. Also notable for its outflows during the week was the iShares U.S. Home Construction ETF (ITB), which lost 15.6% of its total AUM, with outflows of $224.1 million.

Leveraged ETFs saw the most outflows of any asset class, losing $499.4 million, led by the ProShares UltraPro QQQ (TQQQ), which lost $141.3 million and claimed the No. 10 spot for outflows out of all U.S.-listed ETFs. Commodities lost $303 million, while currency lost $92.1 million.

Contact Heather Bell at [email protected]

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust5,995.73265,504.212.31%
IWMiShares Russell 2000 ETF841.9144,996.161.91%
MTUMiShares Edge MSCI U.S.A. Momentum Factor ETF585.808,733.167.19%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF516.5232,045.051.64%
QQQPowerShares QQQ Trust509.9564,779.250.79%
IJRiShares Core S&P Small Cap ETF381.8140,301.430.96%
IWOiShares Russell 2000 Growth ETF369.4810,234.553.75%
DIASPDR Dow Jones Industrial Average ETF Trust361.3021,235.441.73%
IXCiShares Global Energy ETF352.421,813.6924.12%
EMBiShares JP Morgan USD Emerging Markets Bond ETF346.6811,502.943.11%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
TLTiShares 20+ Year Treasury Bond ETF-332.776,684.40-4.74%
GLDSPDR Gold Trust-287.7535,537.41-0.80%
XLEEnergy Select Sector SPDR Fund-261.2519,277.56-1.34%
XLFFinancial Select Sector SPDR Fund-241.2532,758.30-0.73%
ITBiShares U.S. Home Construction ETF-224.141,211.77-15.61%
EEMiShares MSCI Emerging Markets ETF-190.8440,068.25-0.47%
IYWiShares U.S. Technology ETF-189.364,108.93-4.41%
JNKSPDR Bloomberg Barclays High Yield Bond ETF-160.519,207.28-1.71%
DDWMWisdomTree Dynamic Currency Hedged International Equity Fund-159.16354.19-31.00%
TQQQProShares UltraPro QQQ-141.323,455.70-3.93%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity12,318.791,981,463.440.62%
International Equity1,584.43851,144.080.19%
U.S. Fixed Income1,757.50536,376.530.33%
International Fixed Income535.9163,289.810.85%
Commodities -302.9869,713.20-0.43%
Currency-92.121,278.98-7.20%
Leveraged-499.3636,313.50-1.38%
Inverse228.7413,701.901.67%
Asset Allocation19.139,242.180.21%
Alternatives156.614,432.823.53%
Total:15,706.653,566,956.440.44%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
GSEUGoldman Sachs ActiveBeta Europe Equity ETF8,22839,609481.40%
STOTSPDR DoubleLine Short Duration Total Return Tactical24,463131,631538.09%
DBEMXtrackers MSCI Emerging Markets Hedged Equity ETF34,981144,689413.62%
SYLDCambria Shareholder Yield ETF19,48870,838363.50%
JKJiShares Morningstar Small-Cap ETF4,12615,977387.26%
PIOPowershares Global Water Portfolio13,15339,384299.42%
DTHWisdomTree International High Dividend Fund15,49541,031264.81%
FEUSPDR STOXX Europe 50 ETF24,64870,516286.09%
GVALCambria Global Value ETF45,543138,994305.19%
DBJPXtrackers MSCI Japan Hedged Equity ETF280,823688,143245.04%

 

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.

 

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.