ETF Outflows Totaled Nearly $10B Last Week

ETF Outflows Totaled Nearly $10B Last Week

Most of the outflows came from U.S. stock funds.

sumit
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Senior ETF Analyst
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Reviewed by: Lisa Barr
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Edited by: Lisa Barr

Exchange-traded fund investors took profits on stocks last week as this year’s sizzling rally hit a bump in the road. On net, investors pulled $9.7 billion out of U.S.-listed ETFs during the week ending Friday, June 23. 

All together, $10.8 billion came out of U.S. stock funds, which was partially offset by $1.6 billion and $617 million going into international equity and U.S. fixed income ETFs, respectively. 

Year-to-date inflows for U.S.-listed ETFs now stand at $197.7 billion, which compares to $291.2 billion at the same time a year ago. 

Outflows for the week were led by the Invesco QQQ Trust (QQQ) and the iShares Russell 2000 ETF (IWM), which had redemptions of $4 billion and $2.7 billion, respectively. 

On the other hand, the iShares Russell 1000 Value ETF (IWD) and the iShares Russell Mid-Cap ETF (IWR) respectively picked up inflows of $3.9 billion and $1.6 billion. 

For a full list of last week’s top inflows and outflows, see the tables below: 

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IWDiShares Russell 1000 Value ETF3,933.9754,450.737.22%
IWRiShares Russell Mid-Cap ETF1,603.7929,404.495.45%
RSPInvesco S&P 500 Equal Weight ETF1,229.2437,340.913.29%
XLFFinancial Select Sector SPDR Fund1,019.2531,794.863.21%
VONGVanguard Russell 1000 Growth ETF723.4313,633.575.31%
VEAVanguard FTSE Developed Markets ETF709.15113,150.020.63%
VONVVanguard Russell 1000 Value ETF570.337,061.118.08%
SPYSPDR S&P 500 ETF Trust532.66406,478.060.13%
BSJPInvesco BulletShares 2025 High Yield Corporate Bond ETF492.931,076.1945.80%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF462.4336,335.171.27%


 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
QQQInvesco QQQ Trust-4,030.39196,572.28-2.05%
IWMiShares Russell 2000 ETF-2,667.7953,698.93-4.97%
VTVVanguard Value ETF-2,149.3998,384.87-2.18%
VUGVanguard Growth ETF-1,488.2991,463.76-1.63%
MOATVanEck Morningstar Wide Moat ETF-1,462.039,433.13-15.50%
SPHQInvesco S&P 500 Quality ETF-1,443.385,292.70-27.27%
XLKTechnology Select Sector SPDR Fund-1,227.5248,956.56-2.51%
VOVanguard Mid-Cap Index Fund-1,199.3953,021.65-2.26%
VXFVanguard Extended Market ETF-1,057.0215,036.82-7.03%
SHYiShares 1-3 Year Treasury Bond ETF-974.3926,883.37-3.62%


 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-10,840.994,301,051.76-0.25%
International Equity1,565.311,285,295.630.12%
U.S. Fixed Income617.151,250,498.910.05%
International Fixed Income314.70150,481.980.21%
Commodities-942.10131,813.06-0.71%
Currency-38.452,993.79-1.28%
Leveraged312.3667,509.570.46%
Inverse-656.5120,690.75-3.17%
Asset Allocation5.9215,857.190.04%
Alternatives-4.727,139.93-0.07%
Total:-9,667.347,233,332.56-0.13%


 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity48,959.284,301,051.761.14%
International Equity49,146.621,285,295.633.82%
U.S. Fixed Income86,557.791,250,498.916.92%
International Fixed Income10,438.41150,481.986.94%
Commodities-1,013.78131,813.06-0.77%
Currency-1,102.742,993.79-36.83%
Leveraged759.4367,509.571.12%
Inverse6,231.7220,690.7530.12%
Asset Allocation-2,422.5215,857.19-15.28%
Alternatives107.757,139.931.51%
Total:197,661.957,233,332.562.73%


 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
MAXISimplify Bitcoin Strategy PLUS Income ETF7.81%5,51525.09
BTFValkyrie Bitcoin Strategy ETF7.65%1,037,99829.87
BITOProShares Bitcoin Strategy ETF7.54%42,983,5381,034.80
BITCBitwise Bitcoin Strategy Optimum Roll ETF7.46%7,6230.67
XBTFVanEck Bitcoin Strategy ETF7.43%66,95245.05
ATFVAlger 35 ETF7.16%14,33411.02
MLPOCredit Suisse S&P MLP Index ETN6.01%1,24029.45
WEATTeucrium Wheat Fund5.32%4,294,392194.06
BITSGlobal X Blockchain and Bitcoin Strategy ETF5.26%30,17512.88
UNGUnited States Natural Gas Fund LP4.67%48,738,2311,143.08


 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
WGMIValkyrie Bitcoin Miners ETF180.09%3.90%11.85
DAPPVanEck Digital Transformation ETF136.70%3.27%39.41
BKCHGlobal X Blockchain ETF121.35% 77.76
BITQBitwise Crypto Industry Innovators ETF121.24%2.04%80.68
SATOInvesco Alerian Galaxy Crypto Economy ETF116.24%4.00%4.22
BITSGlobal X Blockchain and Bitcoin Strategy ETF99.09%5.26%12.88
IBLCiShares Blockchain and Tech ETF87.77%0.16%7.35
BITOProShares Bitcoin Strategy ETF79.57%7.54%1,034.80
XBTFVanEck Bitcoin Strategy ETF78.69%7.43%45.05
BTFValkyrie Bitcoin Strategy ETF77.20%7.65%29.87


 

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.