Dow ETF Gains Assets, 'XLF' Out Of Favor In Weekly Flows

Dow ETF Gains Assets, 'XLF' Out Of Favor In Weekly Flows

U.S.-listed ETFs saw modest inflows in the latest week.

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

U.S.-listed ETFs saw modest inflows in the past week ahead of the presidential inaugaration of Donald Trump on Friday. In the week ending Thursday, Jan. 19, investors added $2.6 billion to ETFs, according to FactSet.

Of that, $537 million went into U.S. equity ETFs, $2 billion went into international equity ETFs, $192 million went into U.S. fixed-income ETFs and $236 million went into commodity ETFs. On the other hand, international fixed-income ETFs had outflows of $143 million.

Performancewise, U.S. stocks continued to hover in a tight range near record highs. The S&P 500 traded in a band between 2,260 and 2,280 all week long. Meanwhile, the 10-year bond yield rose almost 10 basis points week-over-week to last trade around 2.47%.

Dow Jones ETF In Favor, Financials ETF Sees Redemptions
As has been the case for much of the new year, vanilla, broad-based ETFs continued to garner the bulk of inflows. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) took the No. 1 spot on the weekly list, with creations of $730 million.

The SPDR Dow Jones Industrial Average ETF (DIA) and the iShares Core MSCI EAFE ETF (IEFA) followed suit, with inflows of $525 million and $441 million, respectively.

On the other side of the ledger, the Financial Select Sector SPDR Fund (XLF) saw the biggest ouflows of the period, losing $752 million. 

Other noteworthy losers included the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), with outflows of $653 million; the SPDR Barclays Short Term Corporate Bond ETF (SCPB), with outflows of $489 million; the Industrial Select Sector SPDR Fund (XLI), with outflows of $261 million; and the iShares National Muni Bond ETF (MUB), with outflows of $175 million.

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
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF730.2827,516.632.73%
DIASPDR Dow Jones Industrial Average ETF Trust525.3915,776.923.44%
IEFAiShares Core MSCI EAFE ETF440.9717,141.172.64%
IJRiShares Core S&P Small Cap ETF402.9254,976.510.74%
IVViShares Core S&P 500 ETF353.3192,252.250.38%
VOOVanguard S&P 500 Index Fund323.7159,652.120.55%
XLEEnergy Select Sector SPDR Fund257.5017,902.181.46%
VBRVanguard Small Cap Value Index Fund236.4410,370.762.33%
VEUVanguard FTSE All-World ex-US Index Fund205.0615,278.301.36%
VEAVanguard FTSE Developed Markets ETF188.3042,132.800.45%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
XLFFinancial Select Sector SPDR Fund-752.2522,436.97-3.24%
HYGiShares iBoxx $ High Yield Corporate Bond ETF-652.8218,417.64-3.42%
IWMiShares Russell 2000 ETF-546.0038,145.02-1.41%
SCPBSPDR Barclays Short Term Corporate Bond ETF-488.733,074.04-13.72%
SPYSPDR S&P 500 ETF Trust-388.35223,717.65-0.17%
JNKSPDR Barclays High Yield Bond ETF-275.2511,878.55-2.26%
XLIIndustrial Select Sector SPDR Fund-260.7610,513.35-2.42%
XLPConsumer Staples Select Sector SPDR Fund-214.578,098.78-2.58%
IWFiShares Russell 1000 Growth ETF-193.6632,157.40-0.60%
MUBiShares National Muni Bond ETF-174.608,261.50-2.07%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity536.931,536,718.300.03%
International Equity2,046.89532,265.590.38%
U.S. Fixed Income192.19415,330.330.05%
International Fixed Income-143.1540,882.89-0.35%
Commodities236.4462,171.190.38%
Currency-11.973,138.29-0.38%
Leveraged-243.5924,732.68-0.98%
Inverse53.1717,204.410.31%
Asset Allocation-106.546,641.95-1.60%
Alternatives85.853,889.792.21%
Total:2,646.212,642,975.430.10%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
RTHVanEck Vectors Retail ETF19,36857,490296.84%
SIZEiShares MSCI USA Size Factor ETF14,21143,719307.64%
GBFiShares Government/Credit Bond ETF30,38873,817242.92%
CHIQGlobal X China Consumer ETF33,61378,073232.27%
JPEMJ.P. Morgan Diversified Return Emerging Markets Equity ETF18,81766,134351.46%
RLYSPDR SSgA Multi-Asset Real Return ETF35,282112,947320.13%
IDViShares International Select Dividend ETF1,022,6362,315,407226.42%
EISiShares MSCI Israel Capped ETF23,08646,378200.89%
IRYSPDR S&P International Health Care Sector ETF24,63349,573201.25%
ONEVSPDR Russell 1000 Low Volatility Focus2,3544,613195.94%

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
GRWNiPath Pure Beta Softs ETN8.91%1,5000.67
USAGUnited States Agriculture Index Fund7.83%5,1602.00
GRUElements MLCX Grains Index-Total Return ETN4.18%11,8133.98
CHIQGlobal X China Consumer ETF3.15%312,29268.92
SILJPureFunds ISE Junior Silver (Small Cap Miners/Explorers) ETF2.75%623,74062.52
JJUiPath Bloomberg Aluminum Subindex Total Return ETN2.70%4,3912.54
KWTVanEck Vectors Solar Energy ETF2.63%3,32410.73
CHIMGlobal X China Materials ETF2.55%2,6421.53
SOYBTeucrium Soybean Fund2.40%243,71713.62
MLPJGlobal X Junior MLP ETF2.27%22,6568.98

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
CHOCiPath Pure Beta Cocoa ETN-5.51%12,3293.70
UGAUnited States Gasoline Fund LP-4.72%140,24565.50
GREKGlobal X MSCI Greece ETF-4.63%1,037,693275.95
JJNiPath Bloomberg Nickel Subindex Total Return ETN-4.37%52,32710.48
NIBiPath Bloomberg Cocoa Subindex Total Return ETN-3.71%243,35125.58
UHNUnited States Diesel-Heating Oil Fund LP-3.67%7,8006.28
SGGiPath Bloomberg Sugar Subindex Total Return ETN-3.66%498,66840.40
ILBPIMCO Global Advantage Inflation-Linked Bond Active ETF-3.64%2,56377.66
CNCRLoncar Cancer Immunotherapy ETF-3.55%30,89921.94
EGPTVanEck Vectors Egypt Index ETF-3.47%225,72443.83

 

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.