Dow ETF Gains Assets, 'XLF' Out Of Favor In Weekly Flows
U.S.-listed ETFs saw modest inflows in the latest week.
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 $175 million.
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 730.28 | 27,516.63 | 2.73% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | 525.39 | 15,776.92 | 3.44% |
| IEFA | iShares Core MSCI EAFE ETF | 440.97 | 17,141.17 | 2.64% |
| IJR | iShares Core S&P Small Cap ETF | 402.92 | 54,976.51 | 0.74% |
| IVV | iShares Core S&P 500 ETF | 353.31 | 92,252.25 | 0.38% |
| VOO | Vanguard S&P 500 Index Fund | 323.71 | 59,652.12 | 0.55% |
| XLE | Energy Select Sector SPDR Fund | 257.50 | 17,902.18 | 1.46% |
| VBR | Vanguard Small Cap Value Index Fund | 236.44 | 10,370.76 | 2.33% |
| VEU | Vanguard FTSE All-World ex-US Index Fund | 205.06 | 15,278.30 | 1.36% |
| VEA | Vanguard FTSE Developed Markets ETF | 188.30 | 42,132.80 | 0.45% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| XLF | Financial Select Sector SPDR Fund | -752.25 | 22,436.97 | -3.24% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -652.82 | 18,417.64 | -3.42% |
| IWM | iShares Russell 2000 ETF | -546.00 | 38,145.02 | -1.41% |
| SCPB | SPDR Barclays Short Term Corporate Bond ETF | -488.73 | 3,074.04 | -13.72% |
| SPY | SPDR S&P 500 ETF Trust | -388.35 | 223,717.65 | -0.17% |
| JNK | SPDR Barclays High Yield Bond ETF | -275.25 | 11,878.55 | -2.26% |
| XLI | Industrial Select Sector SPDR Fund | -260.76 | 10,513.35 | -2.42% |
| XLP | Consumer Staples Select Sector SPDR Fund | -214.57 | 8,098.78 | -2.58% |
| IWF | iShares Russell 1000 Growth ETF | -193.66 | 32,157.40 | -0.60% |
| MUB | iShares National Muni Bond ETF | -174.60 | 8,261.50 | -2.07% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 536.93 | 1,536,718.30 | 0.03% |
| International Equity | 2,046.89 | 532,265.59 | 0.38% |
| U.S. Fixed Income | 192.19 | 415,330.33 | 0.05% |
| International Fixed Income | -143.15 | 40,882.89 | -0.35% |
| Commodities | 236.44 | 62,171.19 | 0.38% |
| Currency | -11.97 | 3,138.29 | -0.38% |
| Leveraged | -243.59 | 24,732.68 | -0.98% |
| Inverse | 53.17 | 17,204.41 | 0.31% |
| Asset Allocation | -106.54 | 6,641.95 | -1.60% |
| Alternatives | 85.85 | 3,889.79 | 2.21% |
| Total: | 2,646.21 | 2,642,975.43 | 0.10% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| RTH | VanEck Vectors Retail ETF | 19,368 | 57,490 | 296.84% |
| SIZE | iShares MSCI USA Size Factor ETF | 14,211 | 43,719 | 307.64% |
| GBF | iShares Government/Credit Bond ETF | 30,388 | 73,817 | 242.92% |
| CHIQ | Global X China Consumer ETF | 33,613 | 78,073 | 232.27% |
| JPEM | J.P. Morgan Diversified Return Emerging Markets Equity ETF | 18,817 | 66,134 | 351.46% |
| RLY | SPDR SSgA Multi-Asset Real Return ETF | 35,282 | 112,947 | 320.13% |
| IDV | iShares International Select Dividend ETF | 1,022,636 | 2,315,407 | 226.42% |
| EIS | iShares MSCI Israel Capped ETF | 23,086 | 46,378 | 200.89% |
| IRY | SPDR S&P International Health Care Sector ETF | 24,633 | 49,573 | 201.25% |
| ONEV | SPDR Russell 1000 Low Volatility Focus | 2,354 | 4,613 | 195.94% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| GRWN | iPath Pure Beta Softs ETN | 8.91% | 1,500 | 0.67 |
| USAG | United States Agriculture Index Fund | 7.83% | 5,160 | 2.00 |
| GRU | Elements MLCX Grains Index-Total Return ETN | 4.18% | 11,813 | 3.98 |
| CHIQ | Global X China Consumer ETF | 3.15% | 312,292 | 68.92 |
| SILJ | PureFunds ISE Junior Silver (Small Cap Miners/Explorers) ETF | 2.75% | 623,740 | 62.52 |
| JJU | iPath Bloomberg Aluminum Subindex Total Return ETN | 2.70% | 4,391 | 2.54 |
| KWT | VanEck Vectors Solar Energy ETF | 2.63% | 3,324 | 10.73 |
| CHIM | Global X China Materials ETF | 2.55% | 2,642 | 1.53 |
| SOYB | Teucrium Soybean Fund | 2.40% | 243,717 | 13.62 |
| MLPJ | Global X Junior MLP ETF | 2.27% | 22,656 | 8.98 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| CHOC | iPath Pure Beta Cocoa ETN | -5.51% | 12,329 | 3.70 |
| UGA | United States Gasoline Fund LP | -4.72% | 140,245 | 65.50 |
| GREK | Global X MSCI Greece ETF | -4.63% | 1,037,693 | 275.95 |
| JJN | iPath Bloomberg Nickel Subindex Total Return ETN | -4.37% | 52,327 | 10.48 |
| NIB | iPath Bloomberg Cocoa Subindex Total Return ETN | -3.71% | 243,351 | 25.58 |
| UHN | United States Diesel-Heating Oil Fund LP | -3.67% | 7,800 | 6.28 |
| SGG | iPath Bloomberg Sugar Subindex Total Return ETN | -3.66% | 498,668 | 40.40 |
| ILB | PIMCO Global Advantage Inflation-Linked Bond Active ETF | -3.64% | 2,563 | 77.66 |
| CNCR | Loncar Cancer Immunotherapy ETF | -3.55% | 30,899 | 21.94 |
| EGPT | VanEck Vectors Egypt Index ETF | -3.47% | 225,724 | 43.83 |
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.
