'EEM' Dominates In Another Strong Week For ETF Flows

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

TwitterTwitterTwitter
ETF.com
|
Reviewed by: etf.com Staff
,
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.

 

etf.com is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At etf.com, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.