ETF Inflows Top $100B For 2020
Investors added $16 billion to U.S.-listed ETFs during the week ending Thursday, April 16.
Investors continued adding to their ETF holdings this week as stock markets crept higher, recovering from March's plunge. On net, $16 billion flowed into U.S.-listed ETFs during the week ending Thursday, April 16, including $5.8 billion into U.S. equity ETFs and $5.9 billion into U.S. fixed income ETFs.
Year-to-date inflows now stand at $108.4 billion, ahead of last year's $75.6 billion pace.
ESG ETF's Assets Jump
Surprising many market observers, U.S. stocks added to last week's hefty gains this week. The S&P 500 topped 2,800, putting it at the best level since March 10 as the health crisis eased and credit markets stabilized. In less than a month, the index has recovered half its peak-to-trough losses.
The iShares ESG MSCI U.S.A. ETF (ESGU), with inflows of a whopping $2.1 billion, was among the funds that investors added to for U.S. equity exposure. Assets in the fund more than doubled since the market lows.
The Real Estate Select Sector SPDR Fund (XLRE) and the iShares Edge MSCI U.S.A. Value Factor ETF (VLUE) also saw demand during the week.
Meanwhile, international equity ETFs had outflows on the whole, but one fund, the iShares MSCI EAFE Growth ETF (EFG), picked up a solid $2.1 billion in fresh cash, equal to a 50% increase in the fund's assets.
LQD Soaks Up Assets
On the fixed income side, the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) continued to soak up a tremendous amount of money. Weekly inflows for the ETF, which the Fed is likely targeting in its corporate bond purchase program, totaled $2.6 billion. On a year-to-date basis, LQD has inflows of $9.3 billion.
The iShares iBoxx USD High Yield Corporate Bond ETF (HYG), which may also be a Fed target, registered net inflows of $1.8 billion of its own during the week.
Finally, two commodity ETFs, the SPDR Gold Trust (GLD) and the United States Oil Fund (USO), found themselves on the top inflows list for the week. Gold reached a fresh seven-year high just below $1,750 on Tuesday, while oil hit a two-decade low below $18 on Friday.
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | 2,586.00 | 46,120.26 | 5.61% |
EFG | iShares MSCI EAFE Growth ETF | 2,145.09 | 6,105.72 | 35.13% |
ESGU | iShares ESG MSCI U.S.A. ETF | 2,129.44 | 5,981.56 | 35.60% |
HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 1,790.84 | 17,366.96 | 10.31% |
IGSB | iShares Short-Term Corporate Bond ETF | 1,680.40 | 14,890.92 | 11.28% |
XLRE | Real Estate Select Sector SPDR Fund | 1,542.46 | 4,736.07 | 32.57% |
GLD | SPDR Gold Trust | 1,493.99 | 56,446.08 | 2.65% |
XLB | Materials Select Sector SPDR Fund | 1,453.87 | 4,064.07 | 35.77% |
USO | United States Oil Fund LP | 1,088.91 | 3,861.04 | 28.20% |
VLUE | iShares Edge MSCI U.S.A. Value Factor ETF | 961.80 | 4,123.42 | 23.33% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S&P 500 ETF Trust | -3,676.18 | 255,027.72 | -1.44% |
GOVT | iShares U.S. Treasury Bond ETF | -1,691.37 | 15,417.96 | -10.97% |
QUAL | iShares Edge MSCI U.S.A. Quality Factor ETF | -1,399.61 | 15,756.10 | -8.88% |
IEFA | iShares Core MSCI EAFE ETF | -1,377.24 | 59,868.70 | -2.30% |
EFA | iShares MSCI EAFE ETF | -1,218.17 | 45,922.21 | -2.65% |
TLT | iShares 20+ Year Treasury Bond ETF | -674.83 | 17,518.70 | -3.85% |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | -668.80 | 22,511.81 | -2.97% |
SIZE | iShares Edge MSCI U.S.A. Size Factor ETF | -579.38 | 503.73 | -115.02% |
MBB | iShares MBS ETF | -552.98 | 21,161.50 | -2.61% |
IEMG | iShares Core MSCI Emerging Markets ETF | -510.78 | 46,943.95 | -1.09% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 5,768.69 | 2,156,662.32 | 0.27% |
International Equity | -1,309.24 | 700,515.56 | -0.19% |
U.S. Fixed Income | 5,889.95 | 791,646.20 | 0.74% |
International Fixed Income | 764.71 | 83,821.24 | 0.91% |
Commodities ETFs | 3,702.90 | 102,746.39 | 3.60% |
Currency | -2.35 | 2,256.45 | -0.10% |
Leveraged | 632.47 | 30,947.34 | 2.04% |
Inverse | 663.35 | 18,128.50 | 3.66% |
Asset Allocation | 26.13 | 8,736.23 | 0.30% |
Alternatives | -104.00 | 4,378.64 | -2.38% |
Total: | 16,032.61 | 3,899,838.86 | 0.41% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 57,875.42 | 2,156,662.32 | 2.68% |
International Equity | -3,210.55 | 700,515.56 | -0.46% |
U.S. Fixed Income | 23,032.70 | 791,646.20 | 2.91% |
International Fixed Income | -1,051.15 | 83,821.24 | -1.25% |
Commodities ETFs | 16,438.89 | 102,746.39 | 16.00% |
Currency | 947.05 | 2,256.45 | 41.97% |
Leveraged | 7,310.23 | 30,947.34 | 23.62% |
Inverse | 8,727.03 | 18,128.50 | 48.14% |
Asset Allocation | -62.64 | 8,736.23 | -0.72% |
Alternatives | -1,582.52 | 4,378.64 | -36.14% |
Total: | 108,424.45 | 3,899,838.86 | 2.78% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
RECS | Columbia Research Enhanced Core ETF | 109,359 | 1,056,471 | 966.05% |
DMRI | DeltaShares S&P International Managed Risk ETF | 2,827 | 13,654 | 483.04% |
NRGD | MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN | 1,860 | 7,275 | 391.24% |
QARP | Xtrackers Russell 1000 U.S. Quality at a Reasonable Price ETF | 36,938 | 88,654 | 240.01% |
DALT | Anfield Capital Diversified Alternatives ETF | 159,464 | 407,659 | 255.64% |
RFFC | RiverFront Dynamic U.S. Flex-Cap ETF | 47,743 | 303,651 | 636.01% |
JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | 32,321 | 64,660 | 200.06% |
RFCI | RiverFront Dynamic Core Income ETF | 43,548 | 161,435 | 370.70% |
DMRM | DeltaShares S&P 400 Managed Risk ETF | 3,253 | 5,245 | 161.22% |
ONEO | SPDR Russell 1000 Momentum Focus ETF | 4,611 | 8,892 | 192.84% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
EEH | Elements Spectrum Large Cap US Sector Momentum Index ETN | 23.14% | 3,656 | 0.96 |
MLPC | C-Tracks Miller/Howard MLP Fundamental ETN | 12.95% | 1,012 | 39.48 |
URNM | North Shore Global Uranium Mining ETF | 9.98% | 22,637 | 3.72 |
RWGV | Direxion Russell 1000 Growth Over Value ETF | 7.95% | 9,304 | 13.61 |
PGM | iPath Series B Bloomberg Platinum Subindex Total Return ETN | 7.49% | 1,129 | 4.00 |
EMIH | Xtrackers Emerging Markets Bond Interest Rate Hedged ETF | 5.71% | 2,809 | 4.87 |
GYLD | Arrow Dow Jones Global Yield ETF | 5.62% | 45,170 | 33.38 |
PTF | Invesco DWA Technology Momentum ETF | 5.48% | 188,073 | 154.27 |
FNGS | MicroSectors FANG+ ETN | 5.24% | 14,838 | 154.27 |
USOI | Credit Suisse X-Links Crude Oil Shares Covered Call ETN | 5.10% | 71,378 | 6.78 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
OIH | VanEck Vectors Oil Services ETF | 627.55% | 0.00% | 268.76 |
KOL | VanEck Vectors Coal ETF | 590.13% | 0.00% | 21.09 |
FRAK | VanEck Vectors Unconventional Oil & Gas ETF | 354.79% | 0.00% | 7.17 |
VIIX | VelocityShares Daily Long VIX Short-Term ETN | 168.04% | -0.28% | 63.24 |
VIXY | ProShares VIX Short-Term Futures ETF | 167.66% | -0.39% | 182.81 |
VXX | iPath Series B S&P 500 VIX Short Term Futures ETN | 167.26% | -0.74% | 778.87 |
REMX | VanEck Vectors Rare Earth/Strategic Metals ETF | 129.64% | 0.00% | 120.60 |
XVZ | iPath S&P 500 Dynamic VIX ETN | 89.34% | 1.27% | 4.63 |
VIXM | ProShares VIX Mid-Term Futures ETF | 84.83% | 2.55% | 56.56 |
VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | 84.11% | 2.56% | 28.38 |
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.