ETF Inflows Hit Annual Record: $292B

Annual inflows for 2017 hit a record high for a second-straight week.

sumit
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Senior ETF Analyst
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Reviewed by: Sumit Roy
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Edited by: Sumit Roy

After breaking the annual inflows record from 2016 last week, 2017 ETF inflows continued to climb into uncharted territory this week.

According to the latest data from FactSet, investors added $3.9 billion into U.S.-listed ETFs during the week ending Thursday, Aug. 24, bringing the year-to-date haul to $292.3 billion.

Every ETF segment had positive flows during the week, including U.S. equity ETFs, with creations of $543 million; international equity ETFs, with creations of $936 million; U.S. fixed-income ETFs, with creations of $831 million; and commodity ETFs, with creations of $344 million.

​In terms of performance, stocks struggled, and fixed-income securities caught a bid, as investors nervously considered President Trump's threat to shut down the government if Congress refuses to include money for a border wall in its spending bill. The deadline to lift the country's debt ceiling is also fast approaching, and may be hit by Sept. 29 if Congress doesn't act.

Utility ETF Hits New Highs
Volatility products continued to be active on the top creations list. The iPath S&P 599 VIX Short-Term Futures ETN (VXX) and the VelocityShares Daily Inverse VIX Short-Term ETN (XIV) had inflows of $291 million and $214 million, respectively.

Another standout on the list was the Utilities Select Sector SPDR Fund (XLU), which had inflows of $215 million. The utilities sector ETF surged to a record high this week, bringing its year-to-date gains to 13.2%, the third-best-performing sector return of 2017 behind tech and health care.

​Meanwhile, on the outflows side, four sector ETFs made an appearance. The Consumer Discretionary Select Sector SPDR Fund (XLY), the Health Care Select Sector SPDR Fund (XLV), the Consumer Staples Select Sector SPDR Fund (XLP) and the Industrial Select Sector SPDR Fund (XLI) had outflows ranging from $300 million to $900 million.

​For a full list of this week's top inflows and outflows, see the tables below:

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust2,775.39241,796.181.16%
IWMiShares Russell 2000 ETF1,271.3136,285.853.63%
VEAVanguard FTSE Developed Markets ETF860.2859,976.251.46%
AGGiShares Core U.S. Aggregate Bond ETF483.8149,993.290.98%
VXXiPath S&P 500 VIX Short-Term Futures ETN291.49335.30665.36%
TLTiShares 20+ Year Treasury Bond ETF265.987,326.973.77%
SCHDSchwab US Dividend Equity ETF263.885,979.594.62%
JNKSPDR Bloomberg Barclays High Yield Bond ETF258.3411,940.332.21%
XLUUtilities Select Sector SPDR Fund215.147,875.102.81%
XIVVelocityShares Daily Inverse VIX Short-Term ETN214.371,153.1222.84%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
QQQPowerShares QQQ Trust-1,033.6250,925.70-1.99%
HYGiShares iBoxx $ High Yield Corporate Bond ETF-910.6117,804.55-4.87%
XLYConsumer Discretionary Select Sector SPDR Fund-893.6811,506.71-7.21%
XLVHealth Care Select Sector SPDR Fund-580.0417,112.87-3.28%
MDYSPDR S&P Midcap 400 ETF Trust-510.0617,381.45-2.85%
SMHVanEck Vectors Semiconductor ETF-419.48629.07-40.01%
XLPConsumer Staples Select Sector SPDR Fund-313.338,116.06-3.72%
XLIIndustrial Select Sector SPDR Fund-295.7711,590.55-2.49%
IVViShares Core S&P 500 ETF-232.81121,008.63-0.19%
IWDiShares Russell 1000 Value ETF-230.3935,478.04-0.65%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity543.401,675,810.910.03%
International Equity935.50705,709.770.13%
U.S. Fixed Income831.44496,044.830.17%
International Fixed Income129.1153,399.870.24%
Commodities343.5062,912.480.55%
Currency15.731,420.781.11%
Leveraged384.1828,690.201.34%
Inverse354.9317,883.541.98%
Asset Allocation31.797,339.130.43%
Alternatives312.843,300.439.48%
Total:3,882.443,052,511.940.13%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
IBCDiShares iBonds Mar 2020 Term Corporate ex-Financials ETF17,31890,752524.03%
INXXColumbia India Infrastructure ETF33,667126,051374.41%
DFJWisdomTree Japan SmallCap Dividend Fund80,433235,185292.40%
IAGGiShares Core International Aggregate Bond ETF64,369190,994296.72%
GIGBGoldman Sachs Access Investment Grade Corporate Bond ETF114,197261,808229.26%
LRGFiShares Edge MSCI Multifactor USA ETF193,625873,602451.18%
FIEUCredit Suisse FI Enhanced Europe 50 ETN1,0842,637243.24%
CATHGlobal X S&P 500 Catholic Values16,42632,129195.60%
DGRWWisdomTree US Quality Dividend Growth Fund230,948567,202245.60%
FVLFirst Trust Value Line 100 ETF5,86012,250209.05%

 

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 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.