2019 ETF Inflows Near $200B

Despite a flat week for flows, U.S.-listed ETFs have attracted a healthy wave of new assets this year.

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Editor-in-Chief
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Reviewed by: Drew Voros
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Edited by: Drew Voros

ETF flows for the week ending Thursday, Sept. 26, reflected the choppiness of markets in the wake of President Trump’s impeachment proceedings that seem to be building speed.

While Tuesday and Wednesday saw daily inflows of nearly $7 billion, that wasn’t enough to push weekly new assets into positive territory. U.S.-listed ETFs saw net outflows a scant $92 million. However, there have only been a few times this year where were flows were negative.

For the year, ETFs have attracted nearly $197 billion so far in new assets, roughly the same amount as last year, which registered a record year for new ETF assets. Also for the year, U.S. fixed income ETFs have widened their lead over U.S. equity ETFs for inflows, $97 billion to $82 billion, respectively.

No Standouts In Weekly Flows

Top inflows were spread out among equity, fixed income and gold ETFs. The Vanguard Total International Bond ETF (BNDX) topped the leader board, with $2.3 billion, followed by the SPDR S&P 500 ETF Trust (SPY), with $2.1 billion. The SPDR Gold Trust (GLD) continued to see demand, adding $2 billion on to its $45.5 billion in assets under management.

Outflows also showed no real standouts or trends. Vanguard and Schwab equity ETFs dominated the outflows, as some investors seem more skittish about equities going forward.

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

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
BNDXVanguard Total International Bond ETF2,289.9122,918.279.99%
SPYSPDR S&P 500 ETF Trust2,110.59276,281.260.76%
IEFiShares 7-10 Year Treasury Bond ETF2,095.9418,612.6311.26%
GLDSPDR Gold Trust2,005.7045,449.454.41%
TLTiShares 20+ Year Treasury Bond ETF1,383.2918,498.557.48%
IEIiShares 3-7 Year Treasury Bond ETF1,074.728,935.0012.03%
QQQInvesco QQQ Trust958.7076,070.811.26%
USMViShares Edge MSCI Min Vol U.S.A. ETF596.6134,811.671.71%
FLCBFranklin Liberty U.S. Core Bond ETF437.74537.1481.49%
XLIIndustrial Select Sector SPDR Fund315.8410,184.913.10%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SHViShares Short Treasury Bond ETF-2,255.1321,404.03-10.54%
VOVanguard Mid-Cap ETF-1,991.8127,252.92-7.31%
VUGVanguard Growth ETF-1,462.9242,012.31-3.48%
DIASPDR Dow Jones Industrial Average ETF Trust-1,053.1121,589.19-4.88%
BSVVanguard Short-Term Bond ETF-969.3121,736.19-4.46%
VBVanguard Small-Cap ETF-922.5925,262.41-3.65%
IVViShares Core S&P 500 ETF-844.65186,800.73-0.45%
SCHASchwab U.S. Small-Cap ETF-777.728,302.53-9.37%
SCHMSchwab U.S. Mid-Cap ETF-728.446,361.00-11.45%
SCHGSchwab U.S. Large-Cap Growth ETF-701.978,162.93-8.60%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-9,612.742,318,810.31-0.41%
International Equity-396.69800,275.71-0.05%
U.S. Fixed Income4,788.75726,383.780.66%
International Fixed Income2,539.8584,058.213.02%
Commodities 2,265.7782,643.022.74%
Currency17.511,486.361.18%
Leveraged209.0735,564.670.59%
Inverse6.7212,405.010.05%
Asset Allocation37.1110,177.010.36%
Alternatives51.734,758.691.09%
Total:-92.924,076,562.78-0.00%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity81,879.962,318,810.313.53%
International Equity-3,644.87800,275.71-0.46%
U.S. Fixed Income97,525.19726,383.7813.43%
International Fixed Income14,000.1484,058.2116.66%
Commodities 8,762.0782,643.0210.60%
Currency-303.191,486.36-20.40%
Leveraged-7,349.9035,564.67-20.67%
Inverse4,915.5612,405.0139.63%
Asset Allocation262.5210,177.012.58%
Alternatives829.094,758.6917.42%
Total:196,876.574,076,562.784.83%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average

SPMB

SPDR Portfolio Mortgage Backed Bond ETF

386,910

2,741,023

708.44%

ARCMArrow Reserve Capital Management ETF1,62310,401640.80%
DEEFXtrackers FTSE Developed ex U.S. Comprehensive Factor ETF13,79959,474431.01%
IXJiShares Global Healthcare ETF195,931659,537336.62%

IFGL

iShares International Developed Real Estate ETF

56,828

181,315

319.06%

JKKiShares Morningstar Small-Cap Growth ETF4,47213,711306.61%
UCONFirst Trust TCW Unconstrained Plus Bond ETF93,752243,673259.91%
IQLTiShares Edge MSCI Intl Quality Factor ETF184,084492,890267.75%
IPORenaissance IPO ETF49,039151,137308.20%
LEMBiShares J.P. Morgan EM Local Currency Bond ETF202,046390,470193.26%

 

Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
SGGiPath Series B Bloomberg Sugar Subindex Total Return ETN5.11%19,15919.97
COWiPath Series B Bloomberg Livestock Subindex Total Return ETN4.79%11,0778.34
TURiShares MSCI Turkey ETF4.25%1,663,781327.73
CANETeucrium Sugar Fund4.22%143,42210.13
FUEElements MLCX Biofuels Index-Total Return ETN4.15%1,55210.13
EVIXVelocityShares 1X Long VSTOXX Futures ETN3.99%6,0062.15
INRMarket Vectors-Indian Rupee/USD ETN3.37%37,2911.03
INFRLegg Mason Global Infrastructure ETF3.31%5,08321.87
JOiPath Series B Bloomberg Coffee Subindex Total Return ETN3.04%217,06072.52
FLSAFranklin FTSE Saudi Arabia ETF1.95%10,9582.55

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
INRMarket Vectors-Indian Rupee/USD ETN110.42%3.37%1.03
TANInvesco Solar ETF68.89%-2.49%464.37
JJNiPath Series B Bloomberg Nickel Subindex Total Return ETN63.66%-0.52%8.85
PBWInvesco WilderHill Clean Energy ETF44.06%-2.14%206.31
XSDSPDR S&P Semiconductor ETF43.87%0.56%342.67
RINGiShares MSCI Global Gold Miners ETF43.34%-0.04%329.24
ITBiShares U.S. Home Construction ETF43.31%0.97%1,298.38
GOAUU.S. Global GO Gold and Precious Metal Miners ETF42.93%-0.38%35.09
CNRGSPDR S&P Kensho Clean Power ETF42.21%-1.54%9.09
ACESALPS Clean Energy ETF40.48%-1.20%89.38

 

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.

Drew Voros has nearly 30 years' experience in financial journalism. He was a longtime business editor for the Oakland Tribune and sister papers of the Bay Area News Group, and finance writer for the Hollywood trade publication Variety. Voros' past roles have also included editor-in-chief at etf.com and ETF Report.