ETF Inflows Top $100B For 2020

Investors added $16 billion to U.S.-listed ETFs during the week ending Thursday, April 16.

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

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)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF2,586.0046,120.265.61%
EFGiShares MSCI EAFE Growth ETF2,145.096,105.7235.13%
ESGUiShares ESG MSCI U.S.A. ETF2,129.445,981.5635.60%
HYGiShares iBoxx USD High Yield Corporate Bond ETF1,790.8417,366.9610.31%
IGSBiShares Short-Term Corporate Bond ETF1,680.4014,890.9211.28%
XLREReal Estate Select Sector SPDR Fund1,542.464,736.0732.57%
GLDSPDR Gold Trust1,493.9956,446.082.65%
XLBMaterials Select Sector SPDR Fund1,453.874,064.0735.77%
USOUnited States Oil Fund LP1,088.913,861.0428.20%
VLUEiShares Edge MSCI U.S.A. Value Factor ETF961.804,123.4223.33%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-3,676.18255,027.72-1.44%
GOVTiShares U.S. Treasury Bond ETF-1,691.3715,417.96-10.97%
QUALiShares Edge MSCI U.S.A. Quality Factor ETF-1,399.6115,756.10-8.88%
IEFAiShares Core MSCI EAFE ETF-1,377.2459,868.70-2.30%
EFAiShares MSCI EAFE ETF-1,218.1745,922.21-2.65%
TLTiShares 20+ Year Treasury Bond ETF-674.8317,518.70-3.85%
ITOTiShares Core S&P Total U.S. Stock Market ETF-668.8022,511.81-2.97%
SIZEiShares Edge MSCI U.S.A. Size Factor ETF-579.38503.73-115.02%
MBBiShares MBS ETF-552.9821,161.50-2.61%
IEMGiShares Core MSCI Emerging Markets ETF-510.7846,943.95-1.09%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity5,768.692,156,662.320.27%
International Equity-1,309.24700,515.56-0.19%
U.S. Fixed Income5,889.95791,646.200.74%
International Fixed Income764.7183,821.240.91%
Commodities ETFs3,702.90102,746.393.60%
Currency-2.352,256.45-0.10%
Leveraged632.4730,947.342.04%
Inverse663.3518,128.503.66%
Asset Allocation26.138,736.230.30%
Alternatives-104.004,378.64-2.38%
Total:16,032.613,899,838.860.41%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity57,875.422,156,662.322.68%
International Equity-3,210.55700,515.56-0.46%
U.S. Fixed Income23,032.70791,646.202.91%
International Fixed Income-1,051.1583,821.24-1.25%
Commodities ETFs16,438.89102,746.3916.00%
Currency947.052,256.4541.97%
Leveraged7,310.2330,947.3423.62%
Inverse8,727.0318,128.5048.14%
Asset Allocation-62.648,736.23-0.72%
Alternatives-1,582.524,378.64-36.14%
Total:108,424.453,899,838.862.78%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
RECSColumbia Research Enhanced Core ETF109,3591,056,471966.05%
DMRIDeltaShares S&P International Managed Risk ETF2,82713,654483.04%
NRGDMicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN1,8607,275391.24%
QARPXtrackers Russell 1000 U.S. Quality at a Reasonable Price ETF36,93888,654240.01%
DALTAnfield Capital Diversified Alternatives ETF159,464407,659255.64%
RFFCRiverFront Dynamic U.S. Flex-Cap ETF47,743303,651636.01%
JUSTGoldman Sachs JUST U.S. Large Cap Equity ETF32,32164,660200.06%
RFCIRiverFront Dynamic Core Income ETF43,548161,435370.70%
DMRMDeltaShares S&P 400 Managed Risk ETF3,2535,245161.22%
ONEOSPDR Russell 1000 Momentum Focus ETF4,6118,892192.84%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
EEHElements Spectrum Large Cap US Sector Momentum Index ETN23.14%3,6560.96
MLPCC-Tracks Miller/Howard MLP Fundamental ETN12.95%1,01239.48
URNMNorth Shore Global Uranium Mining ETF9.98%22,6373.72
RWGVDirexion Russell 1000 Growth Over Value ETF7.95%9,30413.61
PGMiPath Series B Bloomberg Platinum Subindex Total Return ETN7.49%1,1294.00
EMIHXtrackers Emerging Markets Bond Interest Rate Hedged ETF5.71%2,8094.87
GYLDArrow Dow Jones Global Yield ETF5.62%45,17033.38
PTFInvesco DWA Technology Momentum ETF5.48%188,073154.27
FNGSMicroSectors FANG+ ETN5.24%14,838154.27
USOICredit Suisse X-Links Crude Oil Shares Covered Call ETN5.10%71,3786.78

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
OIHVanEck Vectors Oil Services ETF627.55%0.00%268.76
KOLVanEck Vectors Coal ETF590.13%0.00%21.09
FRAKVanEck Vectors Unconventional Oil & Gas ETF354.79%0.00%7.17
VIIXVelocityShares Daily Long VIX Short-Term ETN168.04%-0.28%63.24
VIXYProShares VIX Short-Term Futures ETF167.66%-0.39%182.81
VXXiPath Series B S&P 500 VIX Short Term Futures ETN167.26%-0.74%778.87
REMXVanEck Vectors Rare Earth/Strategic Metals ETF129.64%0.00%120.60
XVZiPath S&P 500 Dynamic VIX ETN89.34%1.27%4.63
VIXMProShares VIX Mid-Term Futures ETF84.83%2.55%56.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN84.11%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.

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.