ETF Flows Kick Off August on Strong Note

Senior ETF Analyst

Aug 08, 2022

Reviewed by: Sumit Roy

Edited by: Sumit Roy

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.

Sumit Roy

| Contact: [email protected]

Sumit Roy is the senior ETF analyst for etf.com, where he has worked for 13 years. He creates a variety of content for the platform, including news articles, analysis pieces, videos and podcasts.

Before joining etf.com, Sumit was the managing editor and commodities analyst for Hard Assets Investor. In those roles, he was responsible for most of the operations of HAI, a website dedicated to education about commodities investing.

Though he still closely follows the commodities beat, Sumit covers a much broader assortment of topics for etf.com, with a particular focus on stock and bond exchange-traded funds.

He is the host of etf.com’s Talk ETFs, a popular video series that features weekly interviews with thought leaders in the ETF industry. Sumit is also co-host of Exchange Traded Fridays, etf.com’s weekly podcast series.

He lives in the San Francisco Bay Area, where he enjoys climbing the city’s steep hills, playing chess and snowboarding in Lake Tahoe.

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ETF Flows Kick Off August on Strong Note

ETF Flows Kick Off August on Strong Note

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