Bonds & Gold Fuel Weekly ETF Inflows
Investors added $12.5 billion to U.S.-listed ETFs this week.
U.S.-listed ETFs continud their streak of gathering assets, as another $12.5 billion flowed into the space this week. On net, year-to-date inflows now stand at $242.7 billion, according to the latest data from FactSet. That's ahead of the $143.2 billion seen at this same time last year.
The S&P 500 hit a 5-month high this week, but ETF investors were net sellers of U.S. equities. A modest $34 million flowed out of that segment during the week ending Thursday, July 23.
International equity ETFs fared better, picking up $2.1 billion of fresh inflows. At the same time, investors continued racing into U.S. fixed income ETFs and gold.
Weekly inflows for U.S. fixed income ETFs totaled $7 billion, led by flows into the iShares iBoxx USD High Yield Corporate Bond ETF (HYG), the iShares Core U.S. Aggregate Bond ETF (AGG) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD).
AGG and LQD rallied to record highs this week, while HYG hit its loftiest level since March. The U.S. 10-year Treasury bond yield hovered just above record lows, while the 5-year Treasury yield hit all-time lows (bond prices and yields move inversely). Credit spreads continued to narrow.
Inflows For Precious Metals ETFs
Fixed income wasn't the only asset class benefiting from safe haven inflows. The SPDR Gold Trust (GLD), the iShares Silver Trust (SLV) and the iShares Gold Trust (IAU) all made the top creations list for the week as investors piled into precious metals.
Gold futures closed at a record high on Friday, while silver traded at a seven-year high.
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
GLD | SPDR Gold Trust | 1,182.72 | 73,062.41 | 1.62% |
QQQ | Invesco QQQ Trust | 930.84 | 124,551.27 | 0.75% |
HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 860.10 | 29,339.84 | 2.93% |
SLV | iShares Silver Trust | 764.23 | 12,427.86 | 6.15% |
IAU | iShares Gold Trust | 717.99 | 28,523.14 | 2.52% |
AGG | iShares Core U.S. Aggregate Bond ETF | 665.75 | 78,480.84 | 0.85% |
IWM | iShares Russell 2000 ETF | 648.58 | 40,385.37 | 1.61% |
JNK | SPDR Bloomberg Barclays High Yield Bond ETF | 626.02 | 12,251.11 | 5.11% |
LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | 450.78 | 57,734.46 | 0.78% |
IVV | iShares Core S&P 500 ETF | 422.63 | 206,178.35 | 0.20% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
FTCS | First Trust Capital Strength ETF | -1,056.77 | 5,602.41 | -18.86% |
VOO | Vanguard S&P 500 ETF | -818.00 | 155,239.40 | -0.53% |
SPY | SPDR S&P 500 ETF Trust | -805.91 | 291,225.17 | -0.28% |
BIL | SPDR Bloomberg Barclays 1-3 Month T-Bill ETF | -453.09 | 14,823.42 | -3.06% |
DIA | SPDR Dow Jones Industrial Average ETF Trust | -411.50 | 22,438.38 | -1.83% |
XLRE | Real Estate Select Sector SPDR Fund | -397.51 | 2,955.18 | -13.45% |
XLF | Financial Select Sector SPDR Fund | -395.70 | 17,637.71 | -2.24% |
TLT | iShares 20+ Year Treasury Bond ETF | -350.26 | 19,847.03 | -1.76% |
IWF | iShares Russell 1000 Growth ETF | -345.21 | 57,598.15 | -0.60% |
USMV | iShares Edge MSCI Min Vol U.S.A. ETF | -334.99 | 34,876.16 | -0.96% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | -33.52 | 2,573,168.70 | -0.00% |
International Equity | 2,116.09 | 839,773.51 | 0.25% |
U.S. Fixed Income | 6,965.12 | 904,059.65 | 0.77% |
International Fixed Income | 940.38 | 96,773.90 | 0.97% |
Commodities | 2,776.74 | 136,618.67 | 2.03% |
Currency | 20.68 | 1,542.72 | 1.34% |
Leveraged | -665.69 | 36,248.24 | -1.84% |
Inverse | 77.13 | 15,105.22 | 0.51% |
Asset Allocation | 129.70 | 10,412.85 | 1.25% |
Alternatives | 138.60 | 4,691.74 | 2.95% |
Total: | 12,465.23 | 4,618,395.21 | 0.27% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 72,373.52 | 2,573,168.70 | 2.81% |
International Equity | -4,358.53 | 839,773.51 | -0.52% |
U.S. Fixed Income | 113,346.79 | 904,059.65 | 12.54% |
International Fixed Income | 7,203.34 | 96,773.90 | 7.44% |
Commodities | 38,574.22 | 136,618.67 | 28.23% |
Currency | 198.02 | 1,542.72 | 12.84% |
Leveraged | 2,736.32 | 36,248.24 | 7.55% |
Inverse | 12,901.36 | 15,105.22 | 85.41% |
Asset Allocation | 543.08 | 10,412.85 | 5.22% |
Alternatives | -863.26 | 4,691.74 | -18.40% |
Total: | 242,654.87 | 4,618,395.21 | 5.25% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
CHIM | Global X MSCI China Materials ETF | 6.71% | 3,414 | 1.78 |
SILJ | ETFMG Prime Junior Silver Miners ETF | 6.57% | 4,713,900 | 434.92 |
WCLD | WisdomTree Cloud Computing Fund | 5.21% | 1,241,512 | 614.85 |
CLOU | Global X Cloud Computing ETF | 4.96% | 2,580,638 | 1,008.16 |
ARKW | ARK Next Generation Internet ETF | 4.88% | 967,428 | 1,914.59 |
SIL | Global X Silver Miners ETF | 4.86% | 1,850,210 | 974.05 |
SLVP | iShares MSCI Global Silver Miners ETF | 4.75% | 881,010 | 208.16 |
BUYZ | Franklin Disruptive Commerce ETF | 4.58% | 22,304 | 11.51 |
KGRN | KraneShares MSCI China Environment Index ETF | 4.48% | 4,966 | 3.85 |
REMX | VanEck Vectors Rare Earth/Strategic Metals ETF | 4.39% | 475,755 | 127.65 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
VXX | iPath Series B S&P 500 VIX Short Term Futures ETN | 98.88% | -4.54% | 865.23 |
XVZ | iPath S&P 500 Dynamic VIX ETN | 98.60% | 0.03% | 7.78 |
VIXY | ProShares VIX Short-Term Futures ETF | 97.91% | -4.63% | 232.25 |
VIXM | ProShares VIX Mid-Term Futures ETF | 84.92% | -2.68% | 65.57 |
VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | 84.56% | -2.59% | 29.35 |
ARKW | ARK Next Generation Internet ETF | 65.81% | 4.88% | 1,914.59 |
ARKG | ARK Genomic Revolution ETF | 64.89% | 2.57% | 1,669.59 |
ARKK | ARK Innovation ETF | 60.78% | 4.17% | 6,188.40 |
CLIX | ProShares Long Online/Short Stores ETF | 58.88% | 4.15% | 221.32 |
ONLN | ProShares Online Retail ETF | 55.26% | 3.55% | 225.75 |
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.