ETF Inflows Hit $39.6B as US Stocks Roar to Record Highs
QQQ led with $6.5B in inflows as the Nasdaq-100 joined the S&P 500 in record territory.
Investors added $39.6 billion to US-listed ETFs during the week ending Friday, April 17, bringing year-to-date inflows to $571 billion.
US equity ETFs led the way with $23.5 billion in inflows, followed by international equity ETFs at $13.7 billion. US fixed income ETFs bucked the trend with a rare outflow of $327 million, while leveraged ETFs shed $3.9 billion.
The US stock market roared to record highs last week, recovering all of its Iran war selloff losses and then some. The major indexes swung from a loss of more than 7% in March to a year-to-date gain of more than 4% by Friday's close.
QQQ, GLD Pull In Big Money
Among individual ETFs, $6.5 billion poured into the Invesco QQQ Trust (QQQ) last week. The Nasdaq-100 joined the S&P 500 in record-high territory and is now up more than 5% year to date, slightly ahead of the broader market.
Another standout was the SPDR Gold Shares (GLD), which pulled in $1.8 billion. On a year-to-date basis, however, the fund has seen more than $1 billion in outflows.
The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) was the biggest fixed income winner with $1.3 billion in inflows, while the iShares MSCI Brazil ETF (EWZ) led international stock funds with inflows of $1.1 billion.
Outflows: T-Bills and Leveraged ETFs
On the outflows side of the ledger, the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL), the Direxion Daily Semiconductor Bull 3X Shares (SOXL), and the ProShares UltraPro QQQ (TQQQ) topped the list.
For a full list of the top inflows and outflows for last week, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
| QQQ | Invesco QQQ Trust Series I | 6,500.17 | 420,535.52 | 1.55 |
| SPY | SPDR S&P 500 ETF Trust | 2,881.34 | 714,796.36 | 0.40 |
| IVV | iShares Core S&P 500 ETF | 2,401.45 | 774,288.18 | 0.31 |
| VOO | Vanguard S&P 500 ETF | 2,310.72 | 895,298.47 | 0.26 |
| GLD | SPDR Gold Shares | 1,802.23 | 163,433.79 | 1.10 |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 1,335.26 | 33,341.55 | 4.00 |
| VTI | Vanguard Total Stock Market ETF | 1,104.01 | 607,330.40 | 0.18 |
| EWZ | iShares MSCI Brazil ETF | 1,067.58 | 11,817.11 | 9.03 |
| QQQM | Invesco NASDAQ 100 ETF | 1,039.64 | 78,410.46 | 1.33 |
| VUG | Vanguard Growth ETF | 1,018.71 | 207,425.84 | 0.49 |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | -3,471.88 | 47,067.02 | -7.38 |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | -2,184.62 | 13,286.18 | -16.44 |
| TQQQ | ProShares UltraPro QQQ | -1,871.44 | 29,704.28 | -6.30 |
| SGOV | iShares 0-3 Month Treasury Bond ETF | -1,869.52 | 84,015.52 | -2.23 |
| IWD | iShares Russell 1000 Value ETF | -1,342.75 | 72,592.02 | -1.85 |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | -1,295.98 | 43,406.27 | -2.99 |
| RSP | Invesco S&P 500 Equal Weight ETF | -869.13 | 87,127.98 | -1.00 |
| IWF | iShares Russell 1000 Growth ETF | -758.23 | 122,756.01 | -0.62 |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | -589.08 | 65,086.98 | -0.91 |
| USFR | WisdomTree Floating Rate Treasury Fund | -569.62 | 17,161.82 | -3.32 |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 866.22 | 123,966.06 | 0.70% |
| Asset Allocation | 212.58 | 38,732.08 | 0.55% |
| Commodities E T Fs | 1,467.83 | 377,955.47 | 0.39% |
| Currency | 597.67 | 121,635.24 | 0.49% |
| International Equity | 13,730.10 | 2,658,089.20 | 0.52% |
| International Fixed Income | 1,740.80 | 407,633.40 | 0.43% |
| Inverse | 1,798.21 | 15,888.07 | 11.32% |
| Leveraged | -3,954.09 | 155,766.22 | -2.54% |
| Us Equity | 23,474.14 | 8,670,776.61 | 0.27% |
| Us Fixed Income | -326.84 | 2,045,286.81 | -0.02% |
| Total: | 39,606.62 | 14,615,729.15 | 0.27% |
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.
