ETF Outflows Totaled Nearly $10B Last Week
Most of the outflows came from U.S. stock funds.
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 $1.6 billion.
For a full list of last week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWD | iShares Russell 1000 Value ETF | 3,933.97 | 54,450.73 | 7.22% |
| IWR | iShares Russell Mid-Cap ETF | 1,603.79 | 29,404.49 | 5.45% |
| RSP | Invesco S&P 500 Equal Weight ETF | 1,229.24 | 37,340.91 | 3.29% |
| XLF | Financial Select Sector SPDR Fund | 1,019.25 | 31,794.86 | 3.21% |
| VONG | Vanguard Russell 1000 Growth ETF | 723.43 | 13,633.57 | 5.31% |
| VEA | Vanguard FTSE Developed Markets ETF | 709.15 | 113,150.02 | 0.63% |
| VONV | Vanguard Russell 1000 Value ETF | 570.33 | 7,061.11 | 8.08% |
| SPY | SPDR S&P 500 ETF Trust | 532.66 | 406,478.06 | 0.13% |
| BSJP | Invesco BulletShares 2025 High Yield Corporate Bond ETF | 492.93 | 1,076.19 | 45.80% |
| LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | 462.43 | 36,335.17 | 1.27% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| QQQ | Invesco QQQ Trust | -4,030.39 | 196,572.28 | -2.05% |
| IWM | iShares Russell 2000 ETF | -2,667.79 | 53,698.93 | -4.97% |
| VTV | Vanguard Value ETF | -2,149.39 | 98,384.87 | -2.18% |
| VUG | Vanguard Growth ETF | -1,488.29 | 91,463.76 | -1.63% |
| MOAT | VanEck Morningstar Wide Moat ETF | -1,462.03 | 9,433.13 | -15.50% |
| SPHQ | Invesco S&P 500 Quality ETF | -1,443.38 | 5,292.70 | -27.27% |
| XLK | Technology Select Sector SPDR Fund | -1,227.52 | 48,956.56 | -2.51% |
| VO | Vanguard Mid-Cap Index Fund | -1,199.39 | 53,021.65 | -2.26% |
| VXF | Vanguard Extended Market ETF | -1,057.02 | 15,036.82 | -7.03% |
| SHY | iShares 1-3 Year Treasury Bond ETF | -974.39 | 26,883.37 | -3.62% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -10,840.99 | 4,301,051.76 | -0.25% |
| International Equity | 1,565.31 | 1,285,295.63 | 0.12% |
| U.S. Fixed Income | 617.15 | 1,250,498.91 | 0.05% |
| International Fixed Income | 314.70 | 150,481.98 | 0.21% |
| Commodities | -942.10 | 131,813.06 | -0.71% |
| Currency | -38.45 | 2,993.79 | -1.28% |
| Leveraged | 312.36 | 67,509.57 | 0.46% |
| Inverse | -656.51 | 20,690.75 | -3.17% |
| Asset Allocation | 5.92 | 15,857.19 | 0.04% |
| Alternatives | -4.72 | 7,139.93 | -0.07% |
| Total: | -9,667.34 | 7,233,332.56 | -0.13% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 48,959.28 | 4,301,051.76 | 1.14% |
| International Equity | 49,146.62 | 1,285,295.63 | 3.82% |
| U.S. Fixed Income | 86,557.79 | 1,250,498.91 | 6.92% |
| International Fixed Income | 10,438.41 | 150,481.98 | 6.94% |
| Commodities | -1,013.78 | 131,813.06 | -0.77% |
| Currency | -1,102.74 | 2,993.79 | -36.83% |
| Leveraged | 759.43 | 67,509.57 | 1.12% |
| Inverse | 6,231.72 | 20,690.75 | 30.12% |
| Asset Allocation | -2,422.52 | 15,857.19 | -15.28% |
| Alternatives | 107.75 | 7,139.93 | 1.51% |
| Total: | 197,661.95 | 7,233,332.56 | 2.73% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| MAXI | Simplify Bitcoin Strategy PLUS Income ETF | 7.81% | 5,515 | 25.09 |
| BTF | Valkyrie Bitcoin Strategy ETF | 7.65% | 1,037,998 | 29.87 |
| BITO | ProShares Bitcoin Strategy ETF | 7.54% | 42,983,538 | 1,034.80 |
| BITC | Bitwise Bitcoin Strategy Optimum Roll ETF | 7.46% | 7,623 | 0.67 |
| XBTF | VanEck Bitcoin Strategy ETF | 7.43% | 66,952 | 45.05 |
| ATFV | Alger 35 ETF | 7.16% | 14,334 | 11.02 |
| MLPO | Credit Suisse S&P MLP Index ETN | 6.01% | 1,240 | 29.45 |
| WEAT | Teucrium Wheat Fund | 5.32% | 4,294,392 | 194.06 |
| BITS | Global X Blockchain and Bitcoin Strategy ETF | 5.26% | 30,175 | 12.88 |
| UNG | United States Natural Gas Fund LP | 4.67% | 48,738,231 | 1,143.08 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| WGMI | Valkyrie Bitcoin Miners ETF | 180.09% | 3.90% | 11.85 |
| DAPP | VanEck Digital Transformation ETF | 136.70% | 3.27% | 39.41 |
| BKCH | Global X Blockchain ETF | 121.35% | 77.76 | |
| BITQ | Bitwise Crypto Industry Innovators ETF | 121.24% | 2.04% | 80.68 |
| SATO | Invesco Alerian Galaxy Crypto Economy ETF | 116.24% | 4.00% | 4.22 |
| BITS | Global X Blockchain and Bitcoin Strategy ETF | 99.09% | 5.26% | 12.88 |
| IBLC | iShares Blockchain and Tech ETF | 87.77% | 0.16% | 7.35 |
| BITO | ProShares Bitcoin Strategy ETF | 79.57% | 7.54% | 1,034.80 |
| XBTF | VanEck Bitcoin Strategy ETF | 78.69% | 7.43% | 45.05 |
| BTF | Valkyrie Bitcoin Strategy ETF | 77.20% | 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.
