ETF Flows Kick Off August on Strong Note
Investors added $8.4 billion to U.S.-listed ETFs last week.
ETF inflows kicked off August on a strong note as investors added $8.4 billion of new money to their holdings during the week ending Friday, Aug. 5. That included $4 billion of inflows for U.S. equity ETFs and $5.2 billion of inflows for U.S. fixed income ETFs.
Year to date, net inflows for U.S.-listed ETFs now stand at $350.7 billion, compared with $525.9 billion at this same time a year ago.
Topping last week’s inflows charts was the Vanguard Short-Term Corporate Bond ETF (VCSH), which gathered $2.1 billion in assets. Investors seemed to be taking advantage of higher rates on short-term bonds following the Fed’s recent 75 basis point interest rate hike.
But the bond ETF buying wasn’t limited to short maturities. The iShares 20+ Year Treasury Bond ETF (TLT) picked up $973 million, while high-yield corporate bond ETFs like the SPDR Bloomberg High Yield ETF (JNK) and the iShares Broad USD High Yield Corporate Bond ETF (USHY) were also popular, with weekly inflows of more than $700 million apiece.
High-yield spreads over Treasuries have narrowed in recent weeks as recession fears have ebbed.
On the outflows side of the ledger, commodities took the top spot, with weekly redemptions of just over $1 billion.
However, no commodity ETFs made an appearance on the weekly top 10 redemptions list. Rather, the SPDR Portfolio S&P 500 High Dividend ETF (SPYD), the SPDR S&P Dividend ETF (SDY) and the Invesco QQQ Trust (QQQ) took the top three spots.
For a full list of last week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| VCSH | Vanguard Short-Term Corporate Bond ETF | 2,093.67 | 43,768.03 | 4.78% |
| IWM | iShares Russell 2000 ETF | 1,053.04 | 55,229.80 | 1.91% |
| VOO | Vanguard S&P 500 ETF | 1,009.36 | 273,793.22 | 0.37% |
| IVV | iShares Core S&P 500 ETF | 977.18 | 308,925.73 | 0.32% |
| TLT | iShares 20+ Year Treasury Bond ETF | 973.45 | 25,819.37 | 3.77% |
| JNK | SPDR Bloomberg High Yield Bond ETF | 748.32 | 8,861.54 | 8.44% |
| USHY | iShares Broad USD High Yield Corporate Bond ETF | 718.31 | 8,887.96 | 8.08% |
| BND | Vanguard Total Bond Market ETF | 705.93 | 83,709.76 | 0.84% |
| XLK | Technology Select Sector SPDR Fund | 549.30 | 44,843.46 | 1.22% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 548.92 | 83,707.00 | 0.66% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPYD | SPDR Portfolio S&P 500 High Dividend ETF | -1,475.11 | 7,904.56 | -18.66% |
| SDY | SPDR S&P Dividend ETF | -1,379.73 | 22,095.23 | -6.24% |
| QQQ | Invesco QQQ Trust | -1,284.95 | 177,911.53 | -0.72% |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | -1,229.30 | 17,520.26 | -7.02% |
| SPY | SPDR S&P 500 ETF Trust | -860.12 | 374,273.90 | -0.23% |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | -796.26 | 3,886.04 | -20.49% |
| XLE | Energy Select Sector SPDR Fund | -688.45 | 33,259.56 | -2.07% |
| HYG | iShares iBoxx USD High Yield Corporate Bond ETF | -666.96 | 14,521.74 | -4.59% |
| MINT | PIMCO Enhanced Short Maturity Active ETF | -638.65 | 10,928.42 | -5.84% |
| BSV | Vanguard Short-Term Bond ETF | -546.78 | 38,552.52 | -1.42% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 4,017.44 | 3,965,796.52 | 0.10% |
| International Equity | -379.01 | 1,150,133.92 | -0.03% |
| U.S. Fixed Income | 5,209.54 | 1,126,790.20 | 0.46% |
| International Fixed Income | 473.01 | 141,710.31 | 0.33% |
| Commodities | -1,035.98 | 142,857.03 | -0.73% |
| Currency | -291.59 | 3,961.30 | -7.36% |
| Leveraged | -276.91 | 55,514.32 | -0.50% |
| Inverse | 602.53 | 21,432.90 | 2.81% |
| Asset Allocation | 41.35 | 17,623.07 | 0.23% |
| Alternatives | -4.91 | 7,898.69 | -0.06% |
| Total: | 8,355.47 | 6,633,718.27 | 0.13% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 143,915.51 | 3,965,796.52 | 3.63% |
| International Equity | 67,311.06 | 1,150,133.92 | 5.85% |
| U.S. Fixed Income | 94,988.73 | 1,126,790.20 | 8.43% |
| International Fixed Income | 4,777.92 | 141,710.31 | 3.37% |
| Commodities | 7,531.77 | 142,857.03 | 5.27% |
| Currency | 1,395.95 | 3,961.30 | 35.24% |
| Leveraged | 18,188.63 | 55,514.32 | 32.76% |
| Inverse | 10,786.86 | 21,432.90 | 50.33% |
| Asset Allocation | 501.57 | 17,623.07 | 2.85% |
| Alternatives | 1,346.44 | 7,898.69 | 17.05% |
| Total: | 350,744.44 | 6,633,718.27 | 5.29% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| MSGR | Direxion mRNA ETF | 16.03% | 7,102 | 4.08 |
| CRPT | First Trust SkyBridge Crypto Industry and Digital Economy ETF | 14.28% | 204,892 | 32.39 |
| BBP | Virtus LifeSci Biotech Products ETF | 13.62% | 4,788 | 16.64 |
| ARKF | ARK Fintech Innovation ETF | 13.18% | 6,070,503 | 1,077.61 |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 12.72% | 106,721 | 13.38 |
| BITQ | Bitwise Crypto Industry Innovators ETF | 12.31% | 524,056 | 79.22 |
| BBC | Virtus LifeSci Biotech Clinical Trials ETF | 12.25% | 8,429 | 18.29 |
| GFOF | Grayscale Future of Finance ETF | 12.17% | 37,496 | 6.77 |
| IBLC | iShares Blockchain and Tech ETF | 11.85% | 26,783 | 6.81 |
| DAPP | VanEck Digital Transformation ETF | 11.77% | 540,062 | 38.15 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| UNG | United States Natural Gas Fund LP | 125.54% | -1.16% | 545.82 |
| GAZ | iPath Series B Bloomberg Natural Gas Subindex Total Return ETN | 124.11% | -0.90% | 30.02 |
| UNL | United States 12 Month Natural Gas Fund LP | 103.91% | -0.87% | 42.86 |
| JJE | iPath Series B Bloomberg Energy Subindex Total Return ETN | 71.20% | 0.00% | 8.00 |
| RJN | Elements Rogers International Commodity Index-Energy TR ETN | 53.41% | -5.02% | 12.95 |
| BNO | United States Brent Oil Fund LP | 40.41% | -5.78% | 208.93 |
| DBE | Invesco DB Energy Fund | 40.11% | -3.97% | 230.33 |
| PXE | Invesco Dynamic Energy Exploration & Production ETF | 38.01% | -7.58% | 248.85 |
| UGA | United States Gasoline Fund LP | 36.56% | -7.01% | 98.52 |
| FCG | First Trust Natural Gas ETF | 32.58% | -7.78% | 694.98 |
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.
