Annual ETF Inflows Top $400B For 2nd Time

Year-to-date inflows topped $400 billion, while assets under management crossed $5 trillion. 

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

Positive news on the coronavirus vaccine front gave investors the confidence to pile into U.S.-listed ETFs this week. On net, $32.7 billion entered the space during the week ending Thursday, Nov. 12, pushing year-to-date inflows above $400 billion. That makes 2020 only the second year in which ETFs have crossed that milestone. 

In 2017, ETFs ended the year with a record $476.1 billion of inflows. For comparison, inflows stood at $246.6 billion at this same point last year.

This week also had another milestone thanks to the combination of strong inflows and rising asset prices. For the first time,  assets under management in U.S.-listed ETFs surpassed $5 trillion, leaving them nearly $900 billion above where they were a year ago.

Winners & Losers 

Of this week's inflows, the vast majority went into U.S. equity ETFs. That segment picked up $27.2 billion of fresh cash thanks to strong interest in the SPDR S&P 500 ETF Trust (SPY), the Vanguard Total Stock market ETF (VTI) and the iShares Russell 2000 ETF (IWM).

Earlier this week, the S&P 500 surged to just shy of a record high after Pfizer and BioNTech announced that their COVID-19 vaccine candidate was surprisingly effective, based on preliminary data. The small cap Russell 2000 notched a new record-high close for the first time since August 2018.

While U.S. equity ETFs took in the bulk of this week's inflows, more modest sums of money headed into international equity ETFs and fixed income ETFs. 

The Vanguard Total International Stock ETF (VXUS), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the Vanguard Total Bond Market ETF (BND) were winners in those areas. 

On the other hand, the Invesco QQQ Trust (QQQ), the iShares 7-10 Year Treasury Bond ETF (IEF), the iShares 20+ Year Treasury Bond ETF (TLT) and the SPDR Gold Trust (GLD)  were among the biggest flows losers of the week. 

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
SPYSPDR S&P 500 ETF Trust11,664.84322,383.873.62%
VTIVanguard Total Stock Market ETF2,020.35181,387.231.11%
HYGiShares iBoxx USD High Yield Corporate Bond ETF1,588.5727,420.545.79%
IWMiShares Russell 2000 ETF1,405.2748,643.922.89%
VXUSVanguard Total International Stock ETF1,023.1632,538.133.14%
BNDVanguard Total Bond Market ETF894.0064,559.511.38%
IVViShares Core S&P 500 ETF848.18230,203.970.37%
XLIIndustrial Select Sector SPDR Fund777.8114,318.285.43%
XLFFinancial Select Sector SPDR Fund696.3520,660.703.37%
VOOVanguard S&P 500 ETF614.51173,324.060.35%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
QQQInvesco QQQ Trust-1,379.20138,554.69-1.00%
IEFiShares 7-10 Year Treasury Bond ETF-939.3818,273.42-5.14%
TLTiShares 20+ Year Treasury Bond ETF-862.9417,659.63-4.89%
GLDSPDR Gold Trust-780.8874,129.59-1.05%
XLPConsumer Staples Select Sector SPDR Fund-507.8013,774.88-3.69%
GOVTiShares U.S. Treasury Bond ETF-414.9714,471.00-2.87%
SHYiShares 1-3 Year Treasury Bond ETF-397.2220,809.92-1.91%
HYLBXtrackers USD High Yield Corporate Bond ETF-391.156,861.59-5.70%
SHViShares Short Treasury Bond ETF-376.3119,622.96-1.92%
AGGiShares Core U.S. Aggregate Bond ETF-364.6980,968.36-0.45%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity27,160.402,878,563.900.94%
International Equity4,928.86941,915.060.52%
U.S. Fixed Income1,854.74940,876.480.20%
International Fixed Income987.74115,595.440.85%
Commodities-471.67144,648.15-0.33%
Currency-33.591,888.90-1.78%
Leveraged-1,148.0139,464.69-2.91%
Inverse-636.4212,129.75-5.25%
Asset Allocation39.2512,372.030.32%
Alternatives39.745,103.140.78%
Total:32,721.055,092,557.550.64%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity128,103.712,878,563.904.45%
International Equity28,642.41941,915.063.04%
U.S. Fixed Income162,785.09940,876.4817.30%
International Fixed Income18,872.51115,595.4416.33%
Commodities44,774.73144,648.1530.95%
Currency560.241,888.9029.66%
Leveraged1,042.0939,464.692.64%
Inverse13,039.1212,129.75107.50%
Asset Allocation2,340.5812,372.0318.92%
Alternatives84.495,103.141.66%
Total:400,244.965,092,557.557.86%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
FUDETRACS UBS Bloomberg CMCI Food Total Return ETN25.95%9,8756.24
IEOiShares U.S. Oil & Gas Exploration & Production ETF19.79%593,095139.61
TURiShares MSCI Turkey ETF19.52%2,484,358244.10
PXEInvesco Dynamic Energy Exploration & Production ETF19.47%66,96314.70
FCGFirst Trust Natural Gas ETF19.00%3,325,68992.89
XOPSPDR S&P Oil & Gas Exploration & Production ETF18.95%42,013,7982,028.80
RYEInvesco S&P 500 Equal Weight Energy ETF18.74%293,31447.56
PSCEInvesco S&P SmallCap Energy ETF17.66%277,74215.57
PXIInvesco DWA Energy Momentum ETF17.29%46,38315.92
XESSPDR S&P Oil & Gas Equipment & Services ETF17.25%333,76389.68

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
TANInvesco Solar ETF142.95%-0.95%2,115.18
QCLNFirst Trust NASDAQ Clean Edge Green Energy Index Fund123.07%2.22%1,037.25
PBWInvesco WilderHill Clean Energy ETF120.40%2.43%1,123.40
ARKGARK Genomic Revolution ETF118.08%0.43%3,301.50
ARKWARK Next Generation Internet ETF104.24%-6.02%3,167.33
KGRNKraneShares MSCI China Environment Index ETF103.58%0.18%39.08
ARKKARK Innovation ETF97.26%-3.28%10,927.75
IBUYAmplify Online Retail ETF88.76%-3.98%1,074.04
XVZiPath S&P 500 Dynamic VIX ETN87.73%-2.89%12.57
CNRGSPDR S&P Kensho Clean Power ETF87.25%2.29%103.42

 

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.