ETF Inflows Steady Despite Market Rout

Nov 21, 2022

Reviewed by: Shubham Saharan

Edited by: Shubham Saharan

Investors remained bullish on equity and bond markets as exchange-traded funds brought in $27 billion in the week ending Friday, Nov. 18.

Equity markets slumped last week as oil prices fell on worries of potential weakening fuel demand in China and EU-imposed Russian sanctions took their toll. The S&P 500 slipped 1.2% during the week, while the Nasdaq tumbled 1.6%.

Also prompting the drop were comments from President of the St. Louis Federal Reserve James Bullard, who cautioned about the “limited effect” rate hikes had on the inflation, going on to say the central bank’s federal funds rate, which sets a benchmark for other U.S. banks’ lending, could reach more than 5% to 5.25%. The fed funds rate currently sits between 3.75% and 4%, up from effectively zero at the beginning of the year. 

Still, investors poured just over $13 billion into equity-focused funds, a 22% drop from the $16 billion the week prior. The SPDR S&P 500 ETF Trust (SPY), the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO) collectively brought in $4.2 billion, according to ETF.com data.

Meanwhile, U.S.-listed fixed income ETFs posted a $9.3 billion haul, falling a touch short of the $9.8 billion brought in the week ending Nov. 11. Top performers of the week included the iShares 20+ Year Treasury Bond ETF (TLT), the Vanguard Short-Term Corporate Bond ETF (VCHS) and the SPDR Gold Trust (GLD).

On the other side of the ledger, funds that saw the greatest outflows included the SPDR Portfolio S&P 500 High Dividend ETF (SPYD), the iShares MSCI USA Momentum Factor ETF (MTUM) and the SPDR Gold Trust (GLD).

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
SPY	SPDR S&P 500 ETF Trust	2,074.41	373,873.51	0.55%
IVV	iShares Core S&P 500 ETF	1,410.70	300,747.36	0.47%
TLT	iShares 20+ Year Treasury Bond ETF	1,263.35	26,198.93	4.82%
VCSH	Vanguard Short-Term Corporate Bond ETF	1,094.97	40,782.19	2.68%
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	883.05	38,290.40	2.31%
ACWI	iShares MSCI ACWI ETF	798.92	17,485.53	4.57%
VOO	Vanguard S&P 500 ETF	767.94	273,000.45	0.28%
SPYG	SPDR Portfolio S&P 500 Growth ETF	714.36	13,846.22	5.16%
HYG	iShares iBoxx USD High Yield Corporate Bond ETF	650.56	17,924.69	3.63%
IWM	iShares Russell 2000 ETF	636.19	55,022.70	1.16%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
SHY	iShares 1-3 Year Treasury Bond ETF	-901.47	28,734.58	-3.14%
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	-723.37	10,602.71	-6.82%
JNK	SPDR Bloomberg High Yield Bond ETF	-579.49	9,205.76	-6.29%
SPYD	SPDR Portfolio S&P 500 High Dividend ETF	-436.99	7,583.23	-5.76%
MTUM	iShares MSCI USA Momentum Factor ETF	-379.10	12,260.13	-3.09%
RPAR	RPAR Risk Parity ETF	-354.87	765.20	-46.38%
DGRO	iShares Core Dividend Growth ETF	-340.50	24,154.05	-1.41%
GLD	SPDR Gold Trust	-312.23	51,138.32	-0.61%
VTV	Vanguard Value ETF	-279.87	103,215.11	-0.27%
IYR	iShares U.S. Real Estate ETF	-274.32	3,245.06	-8.45%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	13,440.47	3,948,260.91	0.34%
International Equity	3,945.79	1,134,737.38	0.35%
U.S. Fixed Income	9,253.52	1,140,181.72	0.81%
International Fixed Income	1,219.78	136,252.49	0.90%
Commodities	-528.13	130,383.36	-0.41%
Currency	-145.52	4,253.24	-3.42%
Leveraged	119.25	50,158.15	0.24%
Inverse	301.67	22,447.83	1.34%
Asset Allocation	-10.19	16,455.56	-0.06%
Alternatives	-354.95	8,738.73	-4.06%
Total:	27,241.70	6,591,869.37	0.41%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	270,583.51	3,948,260.91	6.85%
International Equity	84,788.18	1,134,737.38	7.47%
U.S. Fixed Income	167,104.03	1,140,181.72	14.66%
International Fixed Income	5,673.10	136,252.49	4.16%
Commodities	-2,726.22	130,383.36	-2.09%
Currency	1,922.83	4,253.24	45.21%
Leveraged	20,474.70	50,158.15	40.82%
Inverse	8,082.69	22,447.83	36.01%
Asset Allocation	437.05	16,455.56	2.66%
Alternatives	2,355.17	8,738.73	26.95%
Total:	558,695.05	6,591,869.37	8.48%

Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
KWEB	KraneShares CSI China Internet ETF	10.18%	99,051,880	5,460.72
KTEC	KraneShares Hang Seng TECH Index ETF	8.33%	81,835	6.43
CHIC	Global X MSCI China Communication Services ETF	7.49%	6,358	6.34
CQQQ	Invesco China Technology ETF	6.74%	997,845	828.38
EMQQ	EMQQ The Emerging Markets Internet & Ecommerce ETF	6.60%	648,002	527.38
PGJ	Invesco Golden Dragon China ETF	6.38%	865,539	231.76
FDNI	First Trust Dow Jones International Internet ETF	6.19%	16,130	30.70
MSOS	AdvisorShares Pure US Cannabis ETF	5.67%	9,724,699	774.47
UNG	United States Natural Gas Fund LP	5.53%	32,500,858	525.30
WEED	Roundhill Cannabis ETF	5.38%	36,002	2.29

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
MLPO	Credit Suisse S&P MLP Index ETN	91.83%	-4.18%	29.65
UNL	United States 12 Month Natural Gas Fund LP	81.39%	2.51%	32.93
PXE	Invesco Dynamic Energy Exploration & Production ETF	81.18%	-0.58%	353.84
PFIX	Simplify Interest Rate Hedge ETF	81.13%	-5.59%	366.82
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	73.81%	-0.59%	1,262.68
GAZ	iPath Series B Bloomberg Natural Gas Subindex Total Return ETN	72.03%	5.31%	15.44
FENY	Fidelity MSCI Energy Index ETF	71.85%	-0.78%	1,762.23
VDE	Vanguard Energy ETF	71.65%	-0.75%	9,082.11
XLE	Energy Select Sector SPDR Fund	71.59%	-0.79%	43,996.94
IYE	iShares U.S. Energy ETF	69.49%	-0.54%	2,440.86

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.

Shubham Saharan

| Contact: [email protected]

Shubham Saharan is a markets reporter at etf.com. Before joining the company, she reported for Bloomberg and the Financial Times. Saharan is a graduate of Barnard College of Columbia University.

View Bio Follow Author

ETF Inflows Steady Despite Market Rout

ETF Inflows Steady Despite Market Rout

Related Stories

Related Topics

More From Shubham Saharan

Related Media