'EEM' Dominates In Another Strong Week For ETF Flows

$8 billion flowed into U.S.-listed ETFs in the latest week.

ETF.com
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Reviewed by: etf.com Staff
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Edited by: etf.com Staff

Another week of record highs in U.S. stocks gave investors confidence to continue adding money into ETFs. In aggregate, $7.7 billion flowed into U.S.-listed ETFs in the week ending Thursday, July 21.

U.S. equity ETFs led the way, with $3.1 billion worth of inflows in the period, but international equity ETFs weren't far behind, with $2.6 billion worth of inflows. U.S. fixed-income ETFs and international fixed-income ETFs saw smaller, but still notable, inflows of $911 million and $620 million, respectively.

EEM Dominates Inflows List

When it comes to individual ETFs, the iShares Emerging Markets ETF (EEM | B-100) was leagues ahead of all the others. It had $2.6 billion of inflows in the latest week, well ahead of the second-place SPDR S&P Midcap 400 ETF Trust (MDY | A-82), which had inflows of $682 million.

The iShares JP Morgan USD Emerging Markets Bond ETF (EMB | B-58) was another big winner, with net creations of $463 million.

On a percentage of assets basis, the PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (PRFZ | A-88) was the biggest gainer, with inflows of $317 million, or 27.5% of its AUM.

Europe ETFs Fall Out Of Favor

Taking a look at the outflows list for the week, the Vanguard FTSE Europe ETF (VGK | A-97) took the top spot, with redemptions of $1.1 billion. The European Central Bank left monetary policy unchanged on Thursday, dampening enthusiasm for the region's stocks.

The Deutsche X-trackers MSCI EAFE Hedged Equity ETF (DBEF | B-73) and the WisdomTree Europe Hedged Equity Fund (HEDJ | B-47) also had notable outflows—$458 million and $299 million, respectively. 

On a percentage basis, the iShares 10-20 Year Treasury Bond ETF (TLH | A-64) was the biggest loser, with outflows of $218 million, or 20.5%.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
EEMiShares MSCI Emerging Markets ETF2,625.8327,378.0910.61%
MDYSPDR S&P Midcap 400 ETF Trust681.6517,138.874.14%
EMBiShares JP Morgan USD Emerging Markets Bond ETF463.028,481.275.77%
IVViShares Core S&P 500 ETF436.0677,056.890.57%
XLFFinancial Select Sector SPDR Fund410.1715,548.682.71%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF381.4632,291.231.20%
DXJWisdomTree Japan Hedged Equity Fund352.627,786.944.74%
PRFZPowerShares FTSE RAFI US 1500 Small-Mid Portfolio316.581,467.3027.51%
QUALiShares MSCI USA Quality Factor ETF308.632,723.3812.78%
VXXiPath S&P 500 VIX Short-Term Futures ETN305.471,612.3023.38%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
VGKVanguard FTSE Europe ETF-1,053.2111,727.12-8.24%
QQQPowerShares QQQ Trust-490.0337,004.13-1.31%
DBEFDeutsche X-trackers MSCI EAFE Hedged Equity ETF-458.2710,781.84-4.08%
IEFiShares 7-10 Year Treasury Bond ETF-369.799,461.70-3.76%
XLPConsumer Staples Select Sector SPDR Fund-303.779,799.07-3.01%
HEDJWisdomTree Europe Hedged Equity Fund-298.6010,080.94-2.88%
IWMiShares Russell 2000 ETF-229.3028,236.53-0.81%
TLHiShares 10-20 Year Treasury Bond ETF-218.00843.31-20.54%
XLYConsumer Discretionary Select Sector SPDR Fund-215.5210,173.31-2.07%
XLKTechnology Select Sector SPDR Fund-210.1512,463.46-1.66%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity3,086.791,300,722.050.24%
International Equity2,585.63487,786.390.53%
U.S. Fixed Income911.33394,895.690.23%
International Fixed Income620.4338,136.641.63%
Commodities213.6875,048.110.28%
Currency178.081,502.9011.85%
Leveraged-235.6225,233.83-0.93%
Inverse-60.7219,806.39-0.31%
Asset Allocation28.796,269.880.46%
Alternatives353.674,073.248.68%
Total:7,682.062,353,475.120.33%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
KBWYPowerShares KBW Premium Yield Equity REIT Portfolio71,683307,185428.53%
IGFiShares Global Infrastructure ETF123,349317,583257.47%
DVYEiShares Emerging Markets Dividend ETF79,310213,565269.28%
RLYSPDR SSgA Multi-Asset Real Return ETF13,26326,912202.91%
MGVVanguard Mega Cap Value Index Fund100,127191,002190.76%
EESWisdomTree SmallCap Earnings Fund12,07225,274209.35%
IDLBPowerShares FTSE International Low Beta Equal Weight Portfolio3,5326,083172.21%
FBGUBS AG FI Enhanced Big Cap Growth ETN1,7203,159183.63%
LVLGuggenheim S&P Global Dividend Opportunities Index ETF19,35031,218161.34%
PHDGPowershares S&P 500 Downside Hedged Portfolio62,36981,471130.63%

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.

 

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