Assets Double For This ESG ETF
'ESGE' had the largest inflows of all exchange-traded products this week.
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 $1,570/oz on the back of coronavirus fears.
Meanwhile, the iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) was the biggest fixed income flows winner of the week. Yields on the benchmark 10-year Treasury tumbled to their lowest point in nearly three months as investors plowed into safe-haven bonds (bond yields and prices move inversely).
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| ESGE | iShares ESG MSCI EM ETF | 1,161.45 | 2,110.27 | 55.04% |
| GLD | SPDR Gold Trust | 1,053.87 | 45,068.43 | 2.34% |
| SPSM | SPDR Portfolio Small Cap ETF | 773.52 | 2,441.10 | 31.69% |
| VEA | Vanguard FTSE Developed Markets ETF | 713.89 | 80,770.22 | 0.88% |
| SHYG | iShares 0-5 Year High Yield Corporate Bond ETF | 703.43 | 4,438.80 | 15.85% |
| XLP | Consumer Staples Select Sector SPDR Fund | 694.92 | 14,049.65 | 4.95% |
| XLY | Consumer Discretionary Select Sector SPDR Fund | 620.85 | 16,055.83 | 3.87% |
| ESGU | iShares ESG MSCI U.S.A. ETF | 574.70 | 3,262.28 | 17.62% |
| VTI | Vanguard Total Stock Market ETF | 573.63 | 144,210.81 | 0.40% |
| VOO | Vanguard S&P 500 ETF | 573.39 | 135,568.03 | 0.42% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -2,884.50 | 315,615.35 | -0.91% |
| QQQ | Invesco QQQ Trust | -1,762.18 | 91,154.36 | -1.93% |
| FTCS | First Trust Capital Strength ETF | -857.90 | 3,574.18 | -24.00% |
| JNK | SPDR Bloomberg Barclays High Yield Bond ETF | -748.99 | 10,923.10 | -6.86% |
| BSV | Vanguard Short-Term Bond ETF | -582.22 | 22,008.38 | -2.65% |
| IWM | iShares Russell 2000 ETF | -572.83 | 46,695.60 | -1.23% |
| BIV | Vanguard Intermediate-Term Bond ETF | -537.14 | 12,481.44 | -4.30% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | -423.99 | 22,972.54 | -1.85% |
| IWD | iShares Russell 1000 Value ETF | -386.70 | 41,885.85 | -0.92% |
| HYG | iShares iBoxx USD High Yield Corporate Bond ETF | -353.07 | 19,597.08 | -1.80% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 1,257.46 | 2,613,625.13 | 0.05% |
| International Equity | 3,340.29 | 915,840.48 | 0.36% |
| U.S. Fixed Income | 744.46 | 775,561.47 | 0.10% |
| International Fixed Income | 597.68 | 93,230.35 | 0.64% |
| Commodities ETFs | 1,315.69 | 84,394.43 | 1.56% |
| Currency | 31.70 | 1,417.71 | 2.24% |
| Leveraged | 71.47 | 42,134.01 | 0.17% |
| Inverse | 20.18 | 11,308.22 | 0.18% |
| Asset Allocation | 12.02 | 11,051.69 | 0.11% |
| Alternatives | 116.21 | 4,745.71 | 2.45% |
| Total: | 7,507.17 | 4,553,309.17 | 0.16% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 15,411.24 | 2,613,625.13 | 0.59% |
| International Equity | 10,256.10 | 915,840.48 | 1.12% |
| U.S. Fixed Income | 12,188.47 | 775,561.47 | 1.57% |
| International Fixed Income | 2,319.00 | 93,230.35 | 2.49% |
| Commodities ETFs | 1,388.48 | 84,394.43 | 1.65% |
| Currency | 55.91 | 1,417.71 | 3.94% |
| Leveraged | 433.23 | 42,134.01 | 1.03% |
| Inverse | 141.68 | 11,308.22 | 1.25% |
| Asset Allocation | 220.74 | 11,051.69 | 2.00% |
| Alternatives | 293.90 | 4,745.71 | 6.19% |
| Total: | 42,708.74 | 4,553,309.17 | 0.94% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| PKW | Invesco BuyBack Achievers ETF | 147,186 | 764,042 | 519.10% |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 539,028 | 2,446,162 | 453.81% |
| RWJ | Invesco S&P SmallCap 600 Revenue ETF | 24,888 | 127,961 | 514.15% |
| FNGO | MicroSectors FANG+ Index 2X Leveraged ETN | 5,595 | 15,547 | 277.87% |
| IRBO | iShares Robotics and Artificial Intelligence Multisector ETF | 31,308 | 107,428 | 343.13% |
| VONE | Vanguard Russell 1000 ETF | 48,323 | 107,253 | 221.95% |
| HTRB | Hartford Total Return Bond ETF | 40,348 | 76,227 | 188.92% |
| IVOL | Quadratic Interest Rate Volatility and Inflation Hedge ETF | 14,369 | 31,957 | 222.41% |
| ITM | VanEck Vectors AMT-Free Intermediate Municipal Index ETF | 257,095 | 604,638 | 235.18% |
| JETS | US Global Jets ETF | 19,497 | 54,981 | 281.99% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| PMOM | Principal Sustainable Momentum Index ETF | 2.95% | 8,700 | 5.97 |
| LEND | Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF | 2.13% | 4,846 | 0.91 |
| PALL | Aberdeen Standard Physical Palladium Shares ETF | 2.03% | 463,981 | 399.49 |
| ZROZ | PIMCO 25+ Year Zero Coupon US Treasury Index ETF | 1.98% | 118,962 | 282.82 |
| ITB | iShares U.S. Home Construction ETF | 1.97% | 7,777,096 | 1,181.34 |
| MOM | AGFiQ U.S. Market Neutral Momentum Fund | 1.91% | 1,068 | 2.44 |
| SLVP | iShares MSCI Global Silver Miners ETF | 1.82% | 241,880 | 99.99 |
| EDV | Vanguard Extended Duration Treasury ETF | 1.81% | 435,266 | 1,144.55 |
| FAUS | First Trust Australia AlphaDEX Fund | 1.74% | 2,601 | 1.67 |
| GDXJ | VanEck Vectors Junior Gold Miners ETF | 1.74% | 28,775,053 | 4,897.69 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| PALL | Aberdeen Standard Physical Palladium Shares ETF | 27.81% | 2.03% | 399.49 |
| NGE | Global X MSCI Nigeria ETF | 11.73% | -0.42% | 43.94 |
| ARKW | ARK Next Generation Internet ETF | 10.73% | 0.38% | 453.02 |
| NIB | iPath Bloomberg Cocoa Subindex Total Return ETN | 10.55% | -0.01% | 33.09 |
| ITB | iShares U.S. Home Construction ETF | 10.31% | 1.97% | 1,181.34 |
| POTX | Global X Cannabis ETF | 9.93% | -2.10% | 9.06 |
| LIT | Global X Lithium & Battery Tech ETF | 9.88% | -0.23% | 559.54 |
| PBW | Invesco WilderHill Clean Energy ETF | 9.87% | -1.29% | 284.09 |
| FNGS | MicroSectors FANG+ ETN | 9.69% | 0.53% | 35.89 |
| CLOU | Global X Cloud Computing ETF | 9.67% | -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.
