Annual ETF Inflows Break Record Above $289B

After only 8 1/2 months, ETF inflows for 2017 surpass the previous record from 2016.

sumit
|
Senior ETF Analyst
|
Reviewed by: Sumit Roy
,
Edited by: Sumit Roy

Stock prices may have hit a road bump this week, but the same can't be said about ETF inflows. Investors added $4.2 billion to U.S.-listed exchange-traded funds during the period, pushing year-to-date inflows to a record $289.4 billion, above 2016's previous annual record of $287.5 billion.

The data, which comes courtesy of FactSet and measures activity in the week ending Thursday, Aug. 17, even showed inflows for U.S. equity ETFs. That segment took in $718 million, despite a 1.5% decline in the S&P 500 on Thursday, the worst drop in three months for the index.

Most other segments also had inflows. International equity ETFs took in $652 million; U.S. fixed-income ETFs took in $1.7 billion; international fixed-income ETFs took in $120 million; and commodity ETFs took in $256 million.

Traders Fade VIX Spike
For the most part, investors continued to load up on broad equity ETFs during the week. ETFs like the Schwab U.S. Broad Market ETF (SCHB), which had inflows of $701 million, made up most of the top inflows list.

However, one unusual ETF on the list―a fund that made an appearance on last week's top inflows list as well―was the ProShares Short VIX Short-Term Futures ETF (SVXY). The ETF, which provides inverse exposure to VIX futures, had inflows of $428 million, suggesting traders were using the recent spike in the VIX to short volatility. 

Another standout on the inflows list was the SPDR Gold Trust (GLD), with its $352 million worth of creations. Gold prices briefly breached $1,300/oz this week for the first time since November.

Meanwhile, on the outflows side, two standouts were the iPath S&P 500 VIX Short-Term Futures ETN (VXX) and the Energy Select Sector SPDR Fund (XLE), with redemptions of more than $225 million each.

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
QQQPowerShares QQQ Trust973.9052,551.441.89%
SCHBSchwab U.S. Broad Market ETF701.3510,156.687.42%
ITOTiShares Core S&P Total U.S. Stock Market ETF641.4210,737.196.35%
SVXYProShares Short VIX Short-Term Futures ETF427.731,340.0946.88%
IYRiShares U.S. Real Estate ETF386.184,645.489.07%
GLDSPDR Gold Trust352.2832,543.891.09%
DIASPDR Dow Jones Industrial Average ETF Trust317.0918,211.931.77%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF289.3538,762.520.75%
MDYVSPDR S&P 400 Mid Cap Value ETF277.92720.3462.82%
MDYGSPDR S&P 400 Mid Cap Growth ETF267.89933.3240.26%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
VOOVanguard S&P 500 ETF-505.6371,407.66-0.70%
HYGiShares iBoxx $ High Yield Corporate Bond ETF-437.1118,734.22-2.28%
XLFFinancial Select Sector SPDR Fund-342.6025,461.01-1.33%
XLYConsumer Discretionary Select Sector SPDR Fund-313.7112,608.47-2.43%
IWDiShares Russell 1000 Value ETF-272.0436,065.12-0.75%
VXXiPath S&P 500 VIX Short-Term Futures ETN-261.181,055.24-19.84%
XLEEnergy Select Sector SPDR Fund-238.6514,395.92-1.63%
EWJiShares MSCI Japan ETF-213.9516,134.44-1.31%
VOVanguard Mid-Cap ETF-188.8419,482.46-0.96%
KRESPDR S&P Regional Banking ETF-173.103,268.61-5.03%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity718.281,690,782.810.04%
International Equity652.39703,274.610.09%
U.S. Fixed Income1,683.28494,273.450.34%
International Fixed Income119.5453,148.110.22%
Commodities255.5461,751.540.41%
Currency0.001,396.570.00%
Leveraged320.3528,442.121.13%
Inverse672.6317,695.083.80%
Asset Allocation-14.467,319.92-0.20%
Alternatives-206.683,991.64-5.18%
Total:4,200.873,062,075.860.14%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
HUSEUS Market Rotation Strategy ETF32,179123,949385.18%
GVALCambria Global Value ETF46,721139,273298.10%
JPXNiShares JPX-Nikkei 400 ETF3,37910,634314.69%
IBDOiShares iBonds Dec 2023 Term Corporate ETF43,557122,882282.12%
ICSHiShares Ultra Short-Term Bond ETF6,87615,866230.74%
FNKFirst Trust Mid Cap Value AlphaDEX Fund11,90925,156211.24%
MLPOCredit Suisse S&P MLP Index ETN3976195.37%
FYTFirst Trust Small Cap Value AlphaDEX Fund17,05237,936222.47%
DTHWisdomTree International High Dividend Fund18,56345,410244.62%
IVLUiShares Edge MSCI Intl Value Factor ETF16,71531,101186.06%

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.