EEM & EZU Top Weekly Outflows List

International equity ETFs were out of favor in the week ending Thursday, May 12, but overall, U.S.-listed ETFs saw net inflows.
Reviewed by: Staff
Edited by: Staff

A downdraft in retail stocks and some overseas markets didn't stop investors from adding money to U.S.-listed exchange-traded funds this week. In aggregate, $2.6 billion came into ETFs in the week ending Thursday, May 12. Most segments saw net inflows, with the exception of international equity ETFs, which had net outflows of $2.9 billion.

Leading the way were U.S. equity ETFs, which had a net inflow of $2.6 billion thanks largely to the $1.2 billion in creations for the SPDR S&P 500 ETF (SPY | A-97), and the $929 million in creations for the PowerShares QQQ Trust (QQQ | A-67).

At the same time, gold remained in fashion this week, as the SPDR Gold Trust (GLD | A-100) picked up $646 million in inflows, while the VanEck Vecors God Miners ETF (GDX | C-76) picked up $438 million of its own.

On the fixed-income side, the iShares Core U.S. Aggregate Bond ETF (AGG | A-98) was the biggest winner, with inflows of nearly $400 million.

Meanwhile, as mentioned above, international equity ETFs were the big losers of the week. The iShares MSCI Emerging Markets ETF (EEM | B-100) topped the outflows list, with redemptions of $933 million. That was followed by the iShares MSCI Eurozone ETF (EZU | A-84) and the iShares MSCI Japan ETF (EWJ | B-95) with outflows of $709 million and $588 million, respectively.

Another notable loser was the iShares iBoxx $ High Yield Corporate Bond ETF (HYG | B-68), with outflows of $435 million.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust1,209.27181,301.130.67%
QQQPowerShares QQQ Trust929.2435,361.972.70%
GLDSPDR Gold Trust646.0134,757.381.89%
GDXVanEck Vectors Gold Miners ETF437.677,661.596.06%
AGGiShares Core U.S. Aggregate Bond ETF399.4136,479.291.11%
XLIIndustrial Select Sector SPDR Fund390.816,873.556.03%
VVVanguard Large Cap Index Fund365.577,013.365.50%
VCITVanguard Intermediate-Term Corporate Bond Index Fund306.198,602.973.69%
VNQVanguard REIT Index Fund284.1931,954.300.90%
TIPiShares TIPS Bond ETF229.7218,104.171.29%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
EEMiShares MSCI Emerging Markets ETF-932.9324,261.10-3.70%
EZUiShares MSCI Eurozone ETF-708.6310,779.85-6.17%
EWJiShares MSCI Japan ETF-587.8315,360.87-3.69%
IWMiShares Russell 2000 ETF-455.0124,870.77-1.80%
HYGiShares iBoxx $ High Yield Corporate Bond ETF-434.4514,812.64-2.85%
SDYSPDR S&P Dividend ETF-346.4713,315.44-2.54%
XLUUtilities Select Sector SPDR Fund-291.697,933.13-3.55%
FXIiShares China Large-Cap ETF-251.563,548.13-6.62%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF-239.5928,921.03-0.82%
DIASPDR Dow Jones Industrial Average ETF Trust-222.5711,863.83-1.84%

ETF Weekly Flows By Asset Class

Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity2,564.851,201,846.550.21%
International Equity-2,864.00471,960.39-0.61%
U.S. Fixed Income1,164.20370,645.480.31%
International Fixed Income452.0832,514.341.39%
Asset Allocation10.005,712.310.18%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
% of Average
JXIiShares Global Utilities ETF171,818906,500527.59%
EWKiShares MSCI Belgium Capped ETF657,7353,221,482489.78%
LGLVSPDR Russell 1000 Low Volatility ETF17,55581,683465.30%
FLTBFidelity Limited Term Bond ETF253,042840,948332.33%
BSCGGuggenheim BulletShares 2016 Corporate Bond ETF166,095600,717361.67%
JPINJ.P. Morgan Diversified Return International Equity ETF80,951281,005347.13%
IXJiShares Global Healthcare ETF177,982561,599315.54%
BWZSPDR Barclays Short Term International Treasury Bond ETF285,749821,209287.39%
ALFAAlphaClone Alternative Alpha ETF41,150111,528271.03%
GVIiShares Intermediate Government/Credit Bond ETF159,429384,101240.92%

Disclaimer: All data is from FactSet, 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. 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, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.