3 China ETFs Had Huge Inflows Last Week

Investors flocked to China ETFs as Chinese stock prices surged.

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sumit
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Senior ETF Analyst
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Reviewed by: James Rubin
,
Edited by: Kiran Aditham

Year-to-date inflows for U.S.-listed exchange-traded funds topped $694 billion last week thanks to a strong week of inflows. 

Investors plowed $10.3 billion into U.S. equity ETFs, $8.6 billion into international equity ETFs and $5.8 billion into U.S. fixed income ETFs during the week ending Friday, Oct. 4. In total, $28.2 billion went into U.S.-listed ETFs last week.

The hefty inflows for international equity ETFs, in particular, were notable. Investors used ETFs to get exposure to the rip-roaring rally in China’s stock market.

Three of the ten ETFs with the largest inflows last week were China funds, while one was a broad emerging markets ETF with a heavy weighting in Chinese stocks.

The iShares Trust - China Large-Cap ETF (FXI) had inflows of $2.6 billion last week; the KraneShares CSI China Internet ETF (KWEB) had inflows of $1.3 billion; and the Direxion Daily FTSE China Bull 3X Shares (YINN) had inflows of $819 million.

The iShares Core MSCI Emerging Markets ETF (IEMG) picked up $662 million of inflows.

While fast money rushed into China ETFs, long-term investors focused on the U.S. stock market continued to put money to work at the same time. 

The iShares Core S&P 500 ETF (IVV) and the Vanguard 500 Index Fund (VOO), two funds popular with long-term investors, had inflows of $7.2 billion and $3.7 billion, respectively, last week.

In contrast, the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) topped the outflows list, with redemptions of $6 billion and $4 billion, respectively.

The two ETFs have wide ranging investor bases composed of both short- and long-term investors. 

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


Top 10 Creations (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change<
IVViShares Core S&P 500 ETF7,168.56530,561.631.35
VOOVanguard 500 Index Fund3,685.97525,155.170.70
FXIiShares Trust - China Large-Cap ETF2,634.057,752.7133.98
KWEBKraneShares CSI China Internet ETF1,364.168,055.4516.93
VTIVanguard Total Stock Market ETF869.00436,127.700.20
RSPInvesco S&P 500 Equal Weight ETF837.0964,862.681.29
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF834.6030,891.872.70
YINNDirexion Daily FTSE China Bull 3X Shares818.592,332.7835.09
IEMGiShares Core MSCI Emerging Markets ETF661.7085,909.090.77
SCHDSchwab U.S. Dividend Equity ETF641.7961,914.141.04



 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-6,041.17579,638.53-1.04
QQQInvesco QQQ Trust-4,041.17288,470.83-1.40
HDViShares Core High Dividend ETF-490.6711,203.95-4.38
SCHOSchwab Short-Term U.S. Treasury ETF-431.0511,094.85-3.89
IWFiShares Russell 1000 Growth ETF-427.4997,639.68-0.44
IJKiShares S&P Mid-Cap 400 Growth ETF-383.059,285.48-4.13
IWMiShares Russell 2000 ETF-378.6467,502.92-0.56
MDYSPDR S&P MidCap 400 ETF Trust-367.2322,745.19-1.61
USMViShares MSCI USA Min Vol Factor ETF-336.8124,318.79-1.38
TQQQProShares UltraPro QQQ-335.8623,336.99-1.44



 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
Alternatives-59.038,660.23-0.68%
Asset Allocation77.2920,517.810.38%
Commodities725.60162,176.490.45%
Currency305.1164,381.780.47%
International Equity8,594.391,612,405.160.53%
International Fixed Income2,335.89225,913.421.03%
Inverse-24.6213,301.47-0.19%
Leveraged132.05110,969.370.12%
U.S. Equity10,302.336,170,277.230.17%
U.S. Fixed Income5,837.721,552,014.180.38%
Total:28,226.729,940,617.140.28%



 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
Alternatives1,833.398,702.3321.07%
Asset Allocation1,920.2520,625.409.31%
Commodities-338.32161,833.45-0.21%
Currency18,407.2870,331.6926.17%
International Equity69,610.771,627,348.034.28%
International Fixed Income48,754.61225,147.7721.65%
Inverse3,049.3413,127.0123.23%
Leveraged4,651.45113,884.744.08%
U.S. Equity373,987.686,209,455.456.02%
U.S. Fixed Income172,125.571,558,673.8511.04%
Total:694,002.0310,009,129.726.93%



 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
HYDWXtrackers Low Beta High Yield Bond ETF35,163930,072.002,645.02%%
CPNJCalamos Nasdaq-100 Structured Alt Protection ETF - June31,979676,255.002,114.68%%
JVALJPMorgan U.S. Value Factor ETF90,2951,349,833.001,494.91%%
CILVictoryShares International Volatility Wtd ETF2,17127,622.001,272.05%%
QLTAiShares Aaa-A Rated Corporate Bond ETF178,2682,167,517.001,215.87%%
SPYXSPDR S&P 500 Fossil Fuel Reserves Free ETF106,232981,466.00923.89%%
AGGYWisdomTree Yield Enhanced U.S. Aggregate Bond Fund152,5231,293,247.00847.90%%
OMFSInvesco Russell 2000 Dynamic Multifactor ETF43,544355,754.00817.00%%
BBREJPMorgan BetaBuilders MSCI U.S. REIT ETF49,369397,750.00805.67%%
SEIXVirtus Seix Senior Loan ETF103,485825,894.00798.08%%



 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
SFYSoFi Select 500 ETF402.22%612,139885.45
CNXTVanEck ChiNext ETF13.23%1,291,82920.20
ASHSXtrackers Harvest CSI 500 China-A Shares Small Cap ETF12.78%617,27033.74
ASHRXtrackers Harvest CSI 300 China A-Shares ETF12.56%127,498,1862,206.33
FXIiShares Trust - China Large-Cap ETF12.06%637,722,0527,752.71
PGJInvesco Golden Dragon China ETF11.36%3,064,423183.70
JCHIJPMorgan Active China ETF10.61%66,32713.50
CGROCoreValues Alpha Greater China Growth ETF10.56%10,1579.94
BWETBreakwave Tanker Shipping ETF10.29%17,0093.24
KWEBKraneShares CSI China Internet ETF10.22%302,328,1748,055.45



 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
NVDYYieldMax NVDA Option Income Strategy ETF96.08%1.84%1,110.93
GBTCGrayscale Bitcoin Trust ETF57.36%-1.62%13,465.27
UTESVirtus Reaves Utilities ETF49.10%3.82%219.96
GDMNWisdomTree Efficient Gold Plus Gold Miners Strategy Fund48.12%-0.50%14.20
FXIiShares Trust - China Large-Cap ETF44.03%12.06%7,752.71
MCHMatthews China Active ETF41.71%8.85%43.84
WUGIAXS Esoterica NextG Economy ETF40.76%4.81%32.61
SMHVanEck Semiconductor ETF39.85%1.00%24,121.35
MAGSRoundhill Magnificent Seven ETF39.58%-0.39%769.78
SPMOInvesco S&P 500 Momentum ETF38.32%1.13%2,491.36



 

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.