ETFs Added Nearly $15B Last Week

Despite dispiriting news about inflation, last week’s inflows were fairly strong.

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Reviewed by: Heather Bell
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Edited by: Heather Bell

Last week saw U.S.-listed ETFs add $14.7 billion, with funds covering Asia and China in particular, well-represented in the rankings. The iShares MSCI China ETF (MCHI) claimed the No. 5 spot for inflows, with a gain of $550.3 million.  

It was immediately followed by the KraneShares CSI China Internet ETF (KWEB), which was hit especially hard earlier this year in terms of performance but has been seeing a bit of a turnaround; KWEB pulled in $464.2 million during the week. 

The iShares MSCI Core Pacific ETF (IPAC), which excludes China’s market but includes Hong Kong, gained $360.9 million and claimed the No. 8 spot in the rankings, while the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) added $324.3 million.  

But the largest U.S. market ETFs still represented the lion’s share of the flows, with the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO) claiming the Nos. 1 and 2 spots, with gains of $5.49 billion and $4.65 billion, respectively. The Invesco QQQ Trust (QQQ) was the third ETF with the highliest inflows last week, taking in $3 billion.  

The remaining funds that were in the top 10 for inflows included the SPDR Portfolio Intermediate Corporate Bond ETF (SPIB), with a gain of $899.9 million; the Vanguard Value ETF (VTV), which added $367.3 million; and the iShares Core High Dividend ETF (HDV) with an inflow of $325.8 million.  

Outflows 

Despite two key S&P 500 ETFs topping the inflows chart, the SPDR S&P 500 ETF Trust (SPY) led outflows, with a loss of $2.84 billion for the week. The iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) followed, with a loss of $1.3 billion. It was one of four fixed income ETFs in the top 10 for outflows.  

While SPIB was one of the top gainers for the week, the Vanguard Intermediate-Term Corporate Bond ETF (VCIT), which offers similar coverage, bled $1.07 billion, claiming the No. 4 spot. It was followed by the iShares iBox USD High Yield Corporate Bond ETF (HYG), with a loss of $916.1 million. The iShares National Muni Bond ETF (MUB), the largest muni bond ETF on the market, lost $354.5 million.  

Three ETFs in the bottom rankings represented foreign markets, with the JPMorgan BetaBuilders Europe ETF (BBEU)losing $1.14 billion and the JPMorgan BetaBuilders Japan ETF (BBJP) dropping $353.2 million. The iShares MSCI Taiwan ETF (EWT) saw $344.7 million in outflows.  

The sole sector fund among the top ETFs for inflows and outflows for last week was the Financial Select Sector SPDR Fund (XLF), which decreased by $337.1 million.  

 

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
IVViShares Core S&P 500 ETF5,488.51298,910.941.84%
VOOVanguard S&P 500 ETF4,646.67259,075.331.79%
QQQInvesco QQQ Trust3,046.14163,560.341.86%
SPIBSPDR Portfolio Intermediate Term Corporate Bond ETF899.905,760.5015.62%
MCHIiShares MSCI China ETF550.337,357.177.48%
KWEBKraneShares CSI China Internet ETF464.207,581.496.12%
VTVVanguard Value ETF367.3499,934.350.37%
IPACiShares Core MSCI Pacific ETF360.901,312.3627.50%
HDViShares Core High Dividend ETF325.8213,204.662.47%
ASHRXtrackers Harvest CSI 300 China A-Shares ETF324.342,101.7915.43%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-2,844.78361,043.03-0.79%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-1,292.7333,182.74-3.90%
BBEUJPMorgan BetaBuilders Europe ETF-1,142.445,664.36-20.17%
VCITVanguard Intermediate-Term Corporate Bond ETF-1,071.3641,085.84-2.61%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-916.0913,142.53-6.97%
IWFiShares Russell 1000 Growth ETF-473.5960,106.81-0.79%
MUBiShares National Muni Bond ETF-354.5428,547.69-1.24%
BBJPJPMorgan BetaBuilders Japan ETF-353.176,747.33-5.23%
EWTiShares MSCI Taiwan ETF-344.655,156.20-6.68%
XLFFinancial Select Sector SPDR Fund-337.1232,486.51-1.04%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity12,156.053,850,345.960.32%
International Equity2,629.311,169,805.270.22%
U.S. Fixed Income-1,374.281,077,700.16-0.13%
International Fixed Income278.17142,818.570.19%
Commodities647.23165,571.490.39%
Currency41.283,987.121.04%
Leveraged-157.5953,948.10-0.29%
Inverse421.6620,242.742.08%
Asset Allocation-52.4117,868.05-0.29%
Alternatives111.347,715.961.44%
Total:14,700.756,510,003.420.23%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity115,701.973,850,345.963.00%
International Equity58,668.691,169,805.275.02%
U.S. Fixed Income55,946.471,077,700.165.19%
International Fixed Income7,083.12142,818.574.96%
Commodities17,860.12165,571.4910.79%
Currency1,235.093,987.1230.98%
Leveraged16,436.3853,948.1030.47%
Inverse7,238.0420,242.7435.76%
Asset Allocation773.6117,868.054.33%
Alternatives773.927,715.9610.03%
Total:281,717.426,510,003.424.33%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
KWEBKraneShares CSI China Internet ETF10.19%106,494,8077,581.49
PGJInvesco Golden Dragon China ETF9.32%480,934285.97
XDNAKelly CRISPR & Gene Editing Technology ETF9.10%8,3861.03
EWEBGlobal X Emerging Markets Internet & E-commerce ETF8.00%2,2912.80
EMQQEmerging Markets Internet & Ecommerce ETF7.57%585,020675.62
BBCVirtus LifeSci Biotech Clinical Trials ETF7.39%21,17315.42
CHNALoncar China BioPharma ETF7.17%5,7425.67
CNCRLoncar Cancer Immunotherapy ETF6.88%17,29521.00
MSGRDirexion mRNA ETF6.77%2,2993.36
CHIQGlobal X MSCI China Consumer Discretionary ETF6.63%723,754318.83

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
RJNElements Rogers International Commodity Index-Energy TR ETN91.67%2.23%17.26
MLPOCredit Suisse S&P MLP Index ETN64.44%5.15%29.94
OILKProShares K-1 Free Crude Oil Strategy ETF59.83%4.10%113.04
RJIElements Rogers International Commodity Index-Total Return ETN39.80%0.41%163.62
GRUELEMENTS Linked to ICE BofAML Commodity index eXtra Grains - Total Return ETN31.08%0.65%15.02
FUEELEMENTS Linked to the ICE BofAML Commodity Index eXtra Biofuels - Total Return ETN28.17%0.83%2.46
RJAElements Rogers International Commodity Index-Agriculture TR ETN21.21%0.19%270.48
USOICredit Suisse X-Links Crude Oil Shares Covered Call ETN19.95%0.69%394.77
TADSThe Active Dividend Stock ETF17.40%0.00%394.77
NVMZTrueShares Structured Outcome ETF - November14.66% 394.77

 

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.

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.