2024 ETF Inflows Near $800 Billion
Investors added $19 billion to ETFs last week.
A net $19 billion was invested in U.S.-listed ETFs during the week ending Friday, Oct. 21 as the stock market continued to hover near record highs
Year-to-date inflows neared $800 billion, leaving them on track to potentially hit $1 trillion by the end of the year.
The bulk of last week’s inflows went into U.S. equity ETFs, which collected $13.6 billion of new money. The rest were spread evenly across multiple categories, like fixed income ETFs, international ETFs, currency ETFs, and commodities ETFs.
Top asset gatherers for the week included heavyweights like the SPDR S&P 500 ETF Trust (SPY), the Vanguard 500 Index Fund (VOO), and the Vanguard Total Stock Market ETF (VTI), each of which had inflows of $2.8 billion or more.
The iShares Bitcoin Trust (IBIT) also made an appearance on the weekly top inflows list, with creations of $925 million.
The iShares Core U.S. Aggregate Bond ETF (AGG) had inflows of $583 million, the most of any fixed income ETF.
Meanwhile, on the outflows side of the ledger, the Invesco QQQ Trust (QQQ) led all ETFs with redemptions of $1.7 billion. It was followed by the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
Bond ETFs have been selling off recently as traders price in fewer Fed rate cuts over the next year than they did a month ago.
The Fed’s next policy decision is scheduled for Thursday, Nov. 7 and is likely to include a 25 basis points reduction in the federal funds rate, according to the pricing of federal funds futures.
AGG has dropped 3.5% since reaching its 2024 high in mid-September. The ETF is up 1.9% on a total return basis since the start of the year.
For a full list of last week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
SPY | SPDR S&P 500 ETF Trust | 3,867.31 | 600,309.83 | 0.64 |
VOO | Vanguard 500 Index Fund | 3,781.99 | 545,127.92 | 0.69 |
VTI | Vanguard Total Stock Market ETF | 2,871.37 | 446,194.94 | 0.64 |
IVV | iShares Core S&P 500 ETF | 2,714.22 | 546,453.62 | 0.50 |
IBIT | iShares Bitcoin Trust | 925.44 | 27,149.70 | 3.41 |
AGG | iShares Core U.S. Aggregate Bond ETF | 582.63 | 118,088.10 | 0.49 |
BND | Vanguard Total Bond Market ETF | 579.24 | 118,048.44 | 0.49 |
VUG | Vanguard Growth ETF | 541.37 | 143,523.17 | 0.38 |
SPLG | SPDR Portfolio S&P 500 ETF | 438.53 | 48,567.62 | 0.90 |
IEFA | iShares Core MSCI EAFE ETF | 396.44 | 122,053.59 | 0.32 |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
QQQ | Invesco QQQ Trust | -1,713.00 | 296,968.13 | -0.58 |
HYG | iShares iBoxx USD High Yield Corporate Bond ETF | -697.63 | 13,678.99 | -5.10 |
VCIT | Vanguard Intermediate-Term Corporate Bond ETF | -681.51 | 49,086.92 | -1.39 |
XLI | Industrial Select Sector SPDR Fund | -449.37 | 19,809.30 | -2.27 |
SHV | iShares Short Treasury Bond ETF | -437.38 | 18,107.72 | -2.42 |
DIA | SPDR Dow Jones Industrial Average ETF Trust | -398.99 | 35,444.52 | -1.13 |
IWM | iShares Russell 2000 ETF | -397.32 | 68,923.51 | -0.58 |
VGSH | Vanguard Short-Term Treasury ETF | -385.05 | 19,634.09 | -1.96 |
XLF | Financial Select Sector SPDR Fund | -368.25 | 44,738.51 | -0.82 |
TQQQ | ProShares UltraPro QQQ | -367.61 | 23,730.19 | -1.55 |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
Alternatives | 26.53 | 8,762.00 | 0.30% |
Asset Allocation | 108.22 | 20,745.01 | 0.52% |
Commodities | 670.73 | 169,529.92 | 0.40% |
Currency | 765.37 | 74,568.42 | 1.03% |
International Equity | 1,517.56 | 1,593,323.58 | 0.10% |
International Fixed Income | 1,439.03 | 229,404.89 | 0.63% |
Inverse | 117.39 | 13,000.19 | 0.90% |
Leveraged | -393.99 | 115,778.07 | -0.34% |
U.S. Equity | 13,581.93 | 6,321,223.40 | 0.21% |
U.S. Fixed Income | 1,232.85 | 1,540,273.10 | 0.08% |
Total: | 19,065.61 | 10,086,608.57 | 0.19% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
EQLS | Simplify Market Neutral Equity Long/Short ETF | 104,392 | 2,773,250.00 | 2,656.57%% |
FPAG | FPA Global Equity ETF | 31,715 | 477,122.00 | 1,504.41%% |
HFGO | Hartford Large Cap Growth ETF | 5,420 | 39,752.00 | 733.42%% |
KEAT | Keating Active ETF | 2,359 | 15,700.00 | 665.46%% |
XJAN | FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January | 37,887 | 232,255.00 | 613.02%% |
NETZ | TCW Transform Systems ETF | 42,403 | 253,814.00 | 598.57%% |
TSDD | GraniteShares 2x Short TSLA Daily ETF | 2,382,807 | 14,251,014.00 | 598.08%% |
IDOG | ALPS International Sector Dividend Dogs ETF | 22,560 | 132,108.00 | 585.59%% |
VSDA | VictoryShares Dividend Accelerator ETF | 11,096 | 62,553.00 | 563.75%% |
ROE | Astoria US Equal Weight Quality Kings ETF | 15,851 | 85,851.00 | 541.60%% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
TSLP | Kurv Yield Premium Strategy Tesla TSLA ETF | 18.91% | 63,207 | 6.58 |
TSLY | YieldMax TSLA Option Income Strategy ETF | 14.52% | 14,159,551 | 891.35 |
UNG | United States Natural Gas Fund LP | 10.20% | 37,507,176 | 886.13 |
PALL | abrdn Physical Palladium Shares ETF | 9.69% | 1,360,839 | 451.66 |
GRN | iPath Series B Carbon ETN | 8.47% | 2,465 | 21.54 |
KEUA | KraneShares European Carbon Allowance Strategy ETF | 8.38% | 12,588 | 9.27 |
SETH | ProShares Short Ether Strategy ETF | 8.28% | 105,934 | 1.77 |
VXX | iPath Series B S&P 500 VIX Short Term Futures ETN | 7.90% | 19,822,451 | 298.19 |
VIXY | ProShares VIX Short-Term Futures ETF | 7.89% | 18,812,752 | 172.39 |
WEED | Roundhill Cannabis ETF | 7.45% | 28,826 | 5.62 |
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.