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.
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 $45.5 billion in assets under management.
Outflows also showed no real standouts or trends. Vanguard and Schwab equity ETFs dominated the outflows, as some investors seem more skittish about equities going forward.
For a full list of this week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
BNDX | Vanguard Total International Bond ETF | 2,289.91 | 22,918.27 | 9.99% |
SPY | SPDR S&P 500 ETF Trust | 2,110.59 | 276,281.26 | 0.76% |
IEF | iShares 7-10 Year Treasury Bond ETF | 2,095.94 | 18,612.63 | 11.26% |
GLD | SPDR Gold Trust | 2,005.70 | 45,449.45 | 4.41% |
TLT | iShares 20+ Year Treasury Bond ETF | 1,383.29 | 18,498.55 | 7.48% |
IEI | iShares 3-7 Year Treasury Bond ETF | 1,074.72 | 8,935.00 | 12.03% |
QQQ | Invesco QQQ Trust | 958.70 | 76,070.81 | 1.26% |
USMV | iShares Edge MSCI Min Vol U.S.A. ETF | 596.61 | 34,811.67 | 1.71% |
FLCB | Franklin Liberty U.S. Core Bond ETF | 437.74 | 537.14 | 81.49% |
XLI | Industrial Select Sector SPDR Fund | 315.84 | 10,184.91 | 3.10% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SHV | iShares Short Treasury Bond ETF | -2,255.13 | 21,404.03 | -10.54% |
VO | Vanguard Mid-Cap ETF | -1,991.81 | 27,252.92 | -7.31% |
VUG | Vanguard Growth ETF | -1,462.92 | 42,012.31 | -3.48% |
DIA | SPDR Dow Jones Industrial Average ETF Trust | -1,053.11 | 21,589.19 | -4.88% |
BSV | Vanguard Short-Term Bond ETF | -969.31 | 21,736.19 | -4.46% |
VB | Vanguard Small-Cap ETF | -922.59 | 25,262.41 | -3.65% |
IVV | iShares Core S&P 500 ETF | -844.65 | 186,800.73 | -0.45% |
SCHA | Schwab U.S. Small-Cap ETF | -777.72 | 8,302.53 | -9.37% |
SCHM | Schwab U.S. Mid-Cap ETF | -728.44 | 6,361.00 | -11.45% |
SCHG | Schwab U.S. Large-Cap Growth ETF | -701.97 | 8,162.93 | -8.60% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | -9,612.74 | 2,318,810.31 | -0.41% |
International Equity | -396.69 | 800,275.71 | -0.05% |
U.S. Fixed Income | 4,788.75 | 726,383.78 | 0.66% |
International Fixed Income | 2,539.85 | 84,058.21 | 3.02% |
Commodities | 2,265.77 | 82,643.02 | 2.74% |
Currency | 17.51 | 1,486.36 | 1.18% |
Leveraged | 209.07 | 35,564.67 | 0.59% |
Inverse | 6.72 | 12,405.01 | 0.05% |
Asset Allocation | 37.11 | 10,177.01 | 0.36% |
Alternatives | 51.73 | 4,758.69 | 1.09% |
Total: | -92.92 | 4,076,562.78 | -0.00% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 81,879.96 | 2,318,810.31 | 3.53% |
International Equity | -3,644.87 | 800,275.71 | -0.46% |
U.S. Fixed Income | 97,525.19 | 726,383.78 | 13.43% |
International Fixed Income | 14,000.14 | 84,058.21 | 16.66% |
Commodities | 8,762.07 | 82,643.02 | 10.60% |
Currency | -303.19 | 1,486.36 | -20.40% |
Leveraged | -7,349.90 | 35,564.67 | -20.67% |
Inverse | 4,915.56 | 12,405.01 | 39.63% |
Asset Allocation | 262.52 | 10,177.01 | 2.58% |
Alternatives | 829.09 | 4,758.69 | 17.42% |
Total: | 196,876.57 | 4,076,562.78 | 4.83% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
386,910 | 2,741,023 | 708.44% | ||
ARCM | Arrow Reserve Capital Management ETF | 1,623 | 10,401 | 640.80% |
DEEF | Xtrackers FTSE Developed ex U.S. Comprehensive Factor ETF | 13,799 | 59,474 | 431.01% |
IXJ | iShares Global Healthcare ETF | 195,931 | 659,537 | 336.62% |
56,828 | 181,315 | 319.06% | ||
JKK | iShares Morningstar Small-Cap Growth ETF | 4,472 | 13,711 | 306.61% |
UCON | First Trust TCW Unconstrained Plus Bond ETF | 93,752 | 243,673 | 259.91% |
IQLT | iShares Edge MSCI Intl Quality Factor ETF | 184,084 | 492,890 | 267.75% |
IPO | Renaissance IPO ETF | 49,039 | 151,137 | 308.20% |
LEMB | iShares J.P. Morgan EM Local Currency Bond ETF | 202,046 | 390,470 | 193.26% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
SGG | iPath Series B Bloomberg Sugar Subindex Total Return ETN | 5.11% | 19,159 | 19.97 |
COW | iPath Series B Bloomberg Livestock Subindex Total Return ETN | 4.79% | 11,077 | 8.34 |
TUR | iShares MSCI Turkey ETF | 4.25% | 1,663,781 | 327.73 |
CANE | Teucrium Sugar Fund | 4.22% | 143,422 | 10.13 |
FUE | Elements MLCX Biofuels Index-Total Return ETN | 4.15% | 1,552 | 10.13 |
EVIX | VelocityShares 1X Long VSTOXX Futures ETN | 3.99% | 6,006 | 2.15 |
INR | Market Vectors-Indian Rupee/USD ETN | 3.37% | 37,291 | 1.03 |
INFR | Legg Mason Global Infrastructure ETF | 3.31% | 5,083 | 21.87 |
JO | iPath Series B Bloomberg Coffee Subindex Total Return ETN | 3.04% | 217,060 | 72.52 |
FLSA | Franklin FTSE Saudi Arabia ETF | 1.95% | 10,958 | 2.55 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
INR | Market Vectors-Indian Rupee/USD ETN | 110.42% | 3.37% | 1.03 |
TAN | Invesco Solar ETF | 68.89% | -2.49% | 464.37 |
JJN | iPath Series B Bloomberg Nickel Subindex Total Return ETN | 63.66% | -0.52% | 8.85 |
PBW | Invesco WilderHill Clean Energy ETF | 44.06% | -2.14% | 206.31 |
XSD | SPDR S&P Semiconductor ETF | 43.87% | 0.56% | 342.67 |
RING | iShares MSCI Global Gold Miners ETF | 43.34% | -0.04% | 329.24 |
ITB | iShares U.S. Home Construction ETF | 43.31% | 0.97% | 1,298.38 |
GOAU | U.S. Global GO Gold and Precious Metal Miners ETF | 42.93% | -0.38% | 35.09 |
CNRG | SPDR S&P Kensho Clean Power ETF | 42.21% | -1.54% | 9.09 |
ACES | ALPS Clean Energy ETF | 40.48% | -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.