Assets Double For This ESG ETF

'ESGE' had the largest inflows of all exchange-traded products this week. 

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

U.S. equities took a breather this week as a deadly virus killed dozens in China and sickened hundreds more, sparking concerns about a wider contagion. The S&P 500 fell week-over-week for the first time this year, but investors still added a modest sum to ETFs.

On net, $7.5 billion flowed into U.S.-listed ETFs during the week ending Thursday, Jan. 23. Of that, $1.3 billion went into U.S. equity ETFs, $3.3 billion went into international equity ETFs, $744 million went into U.S. fixed income ETFs and $1.3 billion went into commodity ETFs. 

Year-to-date net inflows for all ETFs now stand at $42.7 billion, well ahead of last year's $4.7 billion pace.

ESG ETF's Assets Double

Headlining the top inflows list was the iShares ESG MSCI EM ETF (ESGE), which pulled in $1.2 billion this week, more than doubling its assets. ESG has been a huge theme recently and investors are clearly embracing the idea of investing based on  environmental, social and governance principles. 

Following ESGE was the SPDR Gold Trust (GLD), with inflows of $1.1 billion. Gold prices rallied to recent highs above $1,570/oz on the back of coronavirus fears.

Meanwhile, the iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) was the biggest fixed income flows winner of the week. Yields on the benchmark 10-year Treasury tumbled to their lowest point in nearly three months as investors plowed into safe-haven bonds (bond yields and prices move inversely). 

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
ESGEiShares ESG MSCI EM ETF1,161.452,110.2755.04%
GLDSPDR Gold Trust1,053.8745,068.432.34%
SPSMSPDR Portfolio Small Cap ETF773.522,441.1031.69%
VEAVanguard FTSE Developed Markets ETF713.8980,770.220.88%
SHYGiShares 0-5 Year High Yield Corporate Bond ETF703.434,438.8015.85%
XLPConsumer Staples Select Sector SPDR Fund694.9214,049.654.95%
XLYConsumer Discretionary Select Sector SPDR Fund620.8516,055.833.87%
ESGUiShares ESG MSCI U.S.A. ETF574.703,262.2817.62%
VTIVanguard Total Stock Market ETF573.63144,210.810.40%
VOOVanguard S&P 500 ETF573.39135,568.030.42%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-2,884.50315,615.35-0.91%
QQQInvesco QQQ Trust-1,762.1891,154.36-1.93%
FTCSFirst Trust Capital Strength ETF-857.903,574.18-24.00%
JNKSPDR Bloomberg Barclays High Yield Bond ETF-748.9910,923.10-6.86%
BSVVanguard Short-Term Bond ETF-582.2222,008.38-2.65%
IWMiShares Russell 2000 ETF-572.8346,695.60-1.23%
BIVVanguard Intermediate-Term Bond ETF-537.1412,481.44-4.30%
DIASPDR Dow Jones Industrial Average ETF Trust-423.9922,972.54-1.85%
IWDiShares Russell 1000 Value ETF-386.7041,885.85-0.92%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-353.0719,597.08-1.80%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity1,257.462,613,625.130.05%
International Equity3,340.29915,840.480.36%
U.S. Fixed Income744.46775,561.470.10%
International Fixed Income597.6893,230.350.64%
Commodities ETFs1,315.6984,394.431.56%
Currency31.701,417.712.24%
Leveraged71.4742,134.010.17%
Inverse20.1811,308.220.18%
Asset Allocation12.0211,051.690.11%
Alternatives116.214,745.712.45%
Total:7,507.174,553,309.170.16%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity15,411.242,613,625.130.59%
International Equity10,256.10915,840.481.12%
U.S. Fixed Income12,188.47775,561.471.57%
International Fixed Income2,319.0093,230.352.49%
Commodities ETFs1,388.4884,394.431.65%
Currency55.911,417.713.94%
Leveraged433.2342,134.011.03%
Inverse141.6811,308.221.25%
Asset Allocation220.7411,051.692.00%
Alternatives293.904,745.716.19%
Total:42,708.744,553,309.170.94%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
PKWInvesco BuyBack Achievers ETF147,186764,042519.10%
GSLCGoldman Sachs ActiveBeta U.S. Large Cap Equity ETF539,0282,446,162453.81%
RWJInvesco S&P SmallCap 600 Revenue ETF24,888127,961514.15%
FNGOMicroSectors FANG+ Index 2X Leveraged ETN5,59515,547277.87%
IRBOiShares Robotics and Artificial Intelligence Multisector ETF31,308107,428343.13%
VONEVanguard Russell 1000 ETF48,323107,253221.95%
HTRBHartford Total Return Bond ETF40,34876,227188.92%
IVOLQuadratic Interest Rate Volatility and Inflation Hedge ETF14,36931,957222.41%
ITMVanEck Vectors AMT-Free Intermediate Municipal Index ETF257,095604,638235.18%
JETSUS Global Jets ETF19,49754,981281.99%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
PMOMPrincipal Sustainable Momentum Index ETF2.95%8,7005.97
LENDAmplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF2.13%4,8460.91
PALLAberdeen Standard Physical Palladium Shares ETF2.03%463,981399.49
ZROZPIMCO 25+ Year Zero Coupon US Treasury Index ETF1.98%118,962282.82
ITBiShares U.S. Home Construction ETF1.97%7,777,0961,181.34
MOMAGFiQ U.S. Market Neutral Momentum Fund1.91%1,0682.44
SLVPiShares MSCI Global Silver Miners ETF1.82%241,88099.99
EDVVanguard Extended Duration Treasury ETF1.81%435,2661,144.55
FAUSFirst Trust Australia AlphaDEX Fund1.74%2,6011.67
GDXJVanEck Vectors Junior Gold Miners ETF1.74%28,775,0534,897.69

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
PALLAberdeen Standard Physical Palladium Shares ETF27.81%2.03%399.49
NGEGlobal X MSCI Nigeria ETF11.73%-0.42%43.94
ARKWARK Next Generation Internet ETF10.73%0.38%453.02
NIBiPath Bloomberg Cocoa Subindex Total Return ETN10.55%-0.01%33.09
ITBiShares U.S. Home Construction ETF10.31%1.97%1,181.34
POTXGlobal X Cannabis ETF9.93%-2.10%9.06
LITGlobal X Lithium & Battery Tech ETF9.88%-0.23%559.54
PBWInvesco WilderHill Clean Energy ETF9.87%-1.29%284.09
FNGSMicroSectors FANG+ ETN9.69%0.53%35.89
CLOUGlobal X Cloud Computing ETF9.67%-0.16%460.22

 

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.