$30B Flowed Into ETFs Last Week, Led by QQQ

Top price performers were led by shipping ETF BOAT and a handful of silver funds.

sumit
May 14, 2024
Edited by: James Rubin
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A full $30 billion flowed into U.S.-listed exchange-traded funds last week, bringing year-to-date inflows up to $230.3 billion. 

The bulk of the money went into U.S. equity ETFs and U.S. fixed income ETFs, though international equity and fixed income ETFs attracted solid inflows as well. 

The U.S. stock market soared last week, bringing the S&P 500 to within 1% of its all-time high and nearly erasing the 5.5% peak-to-trough pullback in the market from April. 

Top flows gainers last week included the Invesco QQQ Trust (QQQ), the iShares Core S&P 500 ETF (IVV) and the Vanguard 500 Inde Fund (VOO), which had inflows ranging from $2.3 billion to $3.4 billion. 

Price gainers last week were led by SonicShares Global Shipping ETF (BOAT)'s 6.1% gain. Silver ETFs were also big gainers last week, including the iShares MSCI Global Silver And Metals Miners ETF (SLVP).

SPY Outflows

On the outflows side, the SPDR S&P 500 ETF Trust (SPY) led all losers, with redemptions of $1.8 billion. 

It was followed by the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) and the Direxion Daily Semiconductor Bull 3X Shares (SOXL), which had outflows of $936 million and $726 million, respectively. 

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<
QQQInvesco QQQ Trust3,395.14260,077.851.31
IVViShares Core S&P 500 ETF2,738.38454,270.350.60
VOOVanguard 500 Index Fund2,274.17443,885.420.51
BNDXVanguard Total International Bond ETF1,270.4555,174.972.30
HYGiShares iBoxx USD High Yield Corporate Bond ETF930.5115,121.346.15
VTIVanguard Total Stock Market ETF868.49390,327.140.22
XLPConsumer Staples Select Sector SPDR Fund740.9915,593.654.75
TLTiShares 20+ Year Treasury Bond ETF716.8347,001.841.53
AGGiShares Core U.S. Aggregate Bond ETF693.41107,429.830.65
XLFFinancial Select Sector SPDR Fund654.2839,005.471.68


Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-1,808.80514,391.67-0.35
VCITVanguard Intermediate-Term Corporate Bond ETF-935.6344,806.43-2.09
SOXLDirexion Daily Semiconductor Bull 3X Shares-725.5210,064.80-7.21
IYRiShares U.S. Real Estate ETF-322.792,899.05-11.13
TQQQProShares UltraPro QQQ-295.4221,069.60-1.40
SCHPSchwab U.S. TIPS ETF-255.1810,756.11-2.37
MDYSPDR S&P Midcap 400 ETF Trust-216.5821,640.30-1.00
EIPIFT Energy Income Partners Enhanced Income ETF-212.041,048.40-20.22
SOXXiShares Semiconductor ETF-186.0112,462.84-1.49
COWZPacer U.S. Cash Cows 100 ETF-176.8422,959.29-0.77