'DIA' Leads Weekly ETF Inflows
Year-to-date ETF inflows moved up to $279 billion.
Just over $9 billion of new money flowed into U.S.-listed ETFs this week as stock markets continued their march into record high territory. Year-to-date inflows moved up to $278.6 billion, compared to $144.4 billion at this same time a year ago.
Of this week's inflows, $1.5 billion headed for U.S. equity ETFs, led by a sizable $2 billion inflow for the SPDR Dow Jones Industrial Average ETF (DIA).
Earlier this week, S&P Dow Jones Indices announed that the venerable Dow Jones Industrial Average would be shaken up quite dramatically. Exxon, Pfizer and Raytheon will be replaced by Salesforce, Amgen and Honeywell in the index. The reshuffling is meant to boost the tech exposure of the Dow on the heels of Apple's upcoming share split, which will reduce the tech giant's weighting in the Dow substantially.
(Use our stock finder tool to find an ETF’s allocation to a certain stock.)
Presumably, investors liked the announcement, judging by the inflows into the Dow-tracking DIA.
Inflows For Fixed Income ETFs
Meanwhile, U.S. fixed income ETFs also saw solid inflows this week, picking up $4.7 billion of fresh cash. That includes inflows of nearly $800 million for the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and $637 million for the Vanguard Total Bond Market ETF (BND).
The U.S. 10-year Treasury bond yield spiked to around 0.75% this week, even as Fed Chairman Powell suggested that the central bank would be comfortable letting inflation run above its 2% target for certain periods to make up for it running below its target in other periods. This new regime of average inflation targeting is a notable shift in the Federal Reserve's policy and may lead to interest rates staying lower for longer.
For a full list of this week's top ETF inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
DIA | SPDR Dow Jones Industrial Average ETF Trust | 2,043.15 | 25,574.13 | 7.99% |
HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 795.44 | 31,258.16 | 2.54% |
BND | Vanguard Total Bond Market ETF | 637.24 | 60,354.73 | 1.06% |
VTI | Vanguard Total Stock Market ETF | 560.20 | 164,684.92 | 0.34% |
HYLB | Xtrackers USD High Yield Corporate Bond ETF | 483.30 | 6,368.88 | 7.59% |
VCSH | Vanguard Short-Term Corporate Bond ETF | 472.22 | 31,542.41 | 1.50% |
BSV | Vanguard Short-Term Bond ETF | 423.52 | 26,479.31 | 1.60% |
VCIT | Vanguard Intermediate-Term Corporate Bond ETF | 383.99 | 38,626.61 | 0.99% |
USO | United States Oil Fund LP | 378.75 | 4,630.00 | 8.18% |
XLV | Health Care Select Sector SPDR Fund | 331.71 | 24,398.96 | 1.36% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S&P 500 ETF Trust | -2,572.61 | 305,455.43 | -0.84% |
SHV | iShares Short Treasury Bond ETF | -1,051.79 | 19,795.68 | -5.31% |
SPLV | Invesco S&P 500 Low Volatility ETF | -438.48 | 9,133.35 | -4.80% |
QQQ | Invesco QQQ Trust | -374.73 | 138,560.42 | -0.27% |
TLT | iShares 20+ Year Treasury Bond ETF | -282.63 | 18,834.46 | -1.50% |
USMV | iShares MSCI USA Min Vol Factor ETF | -237.80 | 34,610.86 | -0.69% |
XBI | SPDR S&P Biotech ETF | -236.74 | 5,476.40 | -4.32% |
MUB | iShares National Muni Bond ETF | -232.39 | 18,037.96 | -1.29% |
LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -163.35 | 56,304.16 | -0.29% |
ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | -144.89 | 2,025.25 | -7.15% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 1,479.48 | 2,713,823.17 | 0.05% |
International Equity | 1,594.45 | 877,764.48 | 0.18% |
U.S. Fixed Income | 4,721.41 | 919,414.76 | 0.51% |
International Fixed Income | 454.21 | 100,619.30 | 0.45% |
Commodities | 710.99 | 150,062.33 | 0.47% |
Currency | 11.98 | 1,903.77 | 0.63% |
Leveraged | -119.18 | 40,780.32 | -0.29% |
Inverse | 186.79 | 14,024.92 | 1.33% |
Asset Allocation | 44.72 | 10,944.98 | 0.41% |
Alternatives | 67.97 | 5,080.13 | 1.34% |
Total: | 9,152.84 | 4,834,418.16 | 0.19% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 72,573.31 | 2,713,823.17 | 2.67% |
International Equity | 5,301.26 | 877,764.48 | 0.60% |
U.S. Fixed Income | 129,594.28 | 919,414.76 | 14.10% |
International Fixed Income | 10,783.95 | 100,619.30 | 10.72% |
Commodities | 44,089.87 | 150,062.33 | 29.38% |
Currency | 573.40 | 1,903.77 | 30.12% |
Leveraged | 1,600.23 | 40,780.32 | 3.92% |
Inverse | 13,624.39 | 14,024.92 | 97.14% |
Asset Allocation | 814.27 | 10,944.98 | 7.44% |
Alternatives | -336.94 | 5,080.13 | -6.63% |
Total: | 278,618.03 | 4,834,418.16 | 5.76% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
BDRY | Breakwave Dry Bulk Shipping ETF | 8.38% | 206,486 | 36.94 |
KRBN | KFA Global Carbon ETF | 7.42% | 44,892 | 3.20 |
PNQI | Invesco NASDAQ Internet ETF | 7.05% | 115,089 | 896.30 |
IGV | iShares Expanded Tech-Software Sector ETF | 6.91% | 3,680,633 | 5,576.64 |
KGRN | KraneShares MSCI China Environment Index ETF | 6.90% | 13,066 | 4.31 |
CLOU | Global X Cloud Computing ETF | 6.38% | 5,115,044 | 1,127.81 |
FNGS | MicroSectors FANG+ ETN | 6.08% | 103,677 | 58.70 |
TTTN | UP Fintech China-U.S. Internet Titans ETF | 5.95% | 11,529 | 17.27 |
QCLN | First Trust NASDAQ Clean Edge Green Energy Index Fund | 5.79% | 924,952 | 459.97 |
XLC | Communication Services Select Sector SPDR Fund | 5.66% | 11,328,371 | 11,265.10 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
XVZ | iPath S&P 500 Dynamic VIX ETN | 107.97% | 0.38% | 10.02 |
ARKW | ARK Next Generation Internet ETF | 89.44% | 4.02% | 2,320.01 |
ONLN | ProShares Online Retail ETF | 84.87% | 1.97% | 335.47 |
VIXM | ProShares VIX Mid-Term Futures ETF | 84.78% | 0.74% | 89.89 |
VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | 84.26% | 0.19% | 30.14 |
CLIX | ProShares Long Online/Short Stores ETF | 82.87% | 0.48% | 262.80 |
ARKK | ARK Innovation ETF | 81.36% | 1.75% | 7,894.53 |
ARKG | ARK Genomic Revolution ETF | 79.83% | -2.64% | 2,020.86 |
TAN | Invesco Solar ETF | 78.77% | 4.73% | 1,261.23 |
IBUY | Amplify Online Retail ETF | 77.77% | 1.02% | 961.90 |
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.