ETFs Cross $600B Inflow Mark

Broad vanilla funds did well in this week’s wrap of exchange-traded fund flows.

Dan Mika

Sep 03, 2021

Reviewed by: Dan Mika

Edited by: Dan Mika

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The U.S. ETF industry exceeded $600 billion in year-to-date net inflows earlier this week, extending a record-breaking year after crossing the $500 billion threshold a little more than a month ago.

U.S.-listed ETFs closed trading on Thursday with just under $602 billion after adding $22.4 billion in new assets in the period between Aug. 27 and Sept. 2, according to ETF.com data provider FactSet.

Broad Equities Continue Run

The $13.4 billion increase in flows over the week prior was driven almost single-handedly by a $13 billion increase in assets moved into U.S. equities. The top gainers on the week were broad vanilla funds, with the SPDR S&P 500 Trust (SPY) taking in $5.2 billion, followed by the Invesco QQQ Trust (QQQ) and the Vanguard S&P 500 ETF (VOO) adding $3.9 billion and $1.1 billion, respectively.

The iShares TIPS Bond ETF (TIP) was the largest nonequity gainer on the week, with $1.0 billion in inflows.

The iShares 7-10 Year Treasury Bond ETF (IEF) had the biggest outflows, with almost $1.1 billion in losses, while the Invesco S&P 500 High Beta ETF (SPHB) dropped almost 32% of its assets under management after nearly $900 million was pulled on Thursday.

Both of those ETFs had inflows of about the same amount exactly 31 days ago, which raises the possibility that they were part of a tax-related trading strategy.

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
SPY	SPDR S&P 500 ETF Trust	5,149.16	401,855.09	1.28%
QQQ	Invesco QQQ Trust	3,858.41	196,608.57	1.96%
VOO	Vanguard S&P 500 ETF	1,085.29	256,113.64	0.42%
TIP	iShares TIPS Bond ETF	1,044.95	33,630.97	3.11%
IVV	iShares Core S&P 500 ETF	904.64	305,951.54	0.30%
IWM	iShares Russell 2000 ETF	762.88	68,804.26	1.11%
VTI	Vanguard Total Stock Market ETF	667.83	273,971.32	0.24%
BND	Vanguard Total Bond Market ETF	621.86	81,668.51	0.76%
SCZ	iShares MSCI EAFE Small-Cap ETF	540.28	15,268.99	3.54%
VXUS	Vanguard Total International Stock ETF	432.35	51,522.56	0.84%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
IEF	iShares 7-10 Year Treasury Bond ETF	-1,077.99	13,668.24	-7.89%
ACWI	iShares MSCI ACWI ETF	-586.36	16,939.67	-3.46%
IJH	iShares Core S&P Mid-Cap ETF	-511.13	64,518.67	-0.79%
IWB	iShares Russell 1000 ETF	-457.88	31,128.96	-1.47%
TLT	iShares 20+ Year Treasury Bond ETF	-416.55	17,058.39	-2.44%
IJR	iShares Core S&P Small-Cap ETF	-413.30	70,098.62	-0.59%
SPHB	Invesco S&P 500 High Beta ETF	-391.06	1,242.70	-31.47%
SOXL	Direxion Daily Semiconductor Bull 3X Shares	-282.71	3,856.97	-7.33%
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	-270.59	42,339.81	-0.64%
XLP	Consumer Staples Select Sector SPDR Fund	-252.49	13,265.34	-1.90%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	15,543.20	4,047,588.05	0.38%
International Equity	2,745.08	1,316,873.35	0.21%
U.S. Fixed Income	3,733.38	1,077,521.36	0.35%
International Fixed Income	668.14	149,844.65	0.45%
Commodities	-289.75	138,863.34	-0.21%
Currency	-14.39	1,915.59	-0.75%
Leveraged	-439.99	64,558.95	-0.68%
Inverse	312.03	11,918.29	2.62%
Asset Allocation	137.69	18,400.72	0.75%
Alternatives	39.73	6,717.93	0.59%
Total:	22,435.11	6,834,202.23	0.33%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	288,475.35	4,047,588.05	7.13%
International Equity	162,599.41	1,316,873.35	12.35%
U.S. Fixed Income	115,646.25	1,077,521.36	10.73%
International Fixed Income	27,809.99	149,844.65	18.56%
Commodities	-3,423.58	138,863.34	-2.47%
Currency	35.39	1,915.59	1.85%
Leveraged	-614.76	64,558.95	-0.95%
Inverse	5,239.03	11,918.29	43.96%
Asset Allocation	3,579.80	18,400.72	19.45%
Alternatives	2,598.34	6,717.93	38.68%
Total:	601,945.22	6,834,202.23	8.81%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
URNM	North Shore Global Uranium Mining ETF	11.21%	677,242	368.14
KWEB	KraneShares CSI China Internet ETF	10.76%	58,836,890	7,335.28
KTEC	KraneShares Hang Seng TECH Index ETF	9.15%	15,987	2.07
URA	Global X Uranium ETF	8.78%	2,860,771	676.37
PGJ	Invesco Golden Dragon China ETF	7.71%	316,201	243.40
EMQQ	Emerging Markets Internet & Ecommerce ETF	7.39%	740,610	1,395.87
CHIE	Global X MSCI China Energy ETF	6.78%	34,544	3.61
EWEB	Global X Emerging Markets Internet & E-commerce ETF	6.33%	32,094	5.08
CHIC	Global X MSCI China Communication Services ETF	6.30%	25,619	12.76
FDNI	First Trust Dow Jones International Internet ETF	6.28%	54,937	117.56

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
BDRY	Breakwave Dry Bulk Shipping ETF	260.13%	-7.57%	81.37
GRN	iPath Series B Carbon ETN	85.89%	0.34%	75.81
JJT	iPath Series B Bloomberg Tin Subindex Total Return ETN	83.25%	-1.01%	14.44
UNG	United States Natural Gas Fund LP	75.00%	4.95%	284.88
REMX	VanEck Rare Earth/Strategic Metals ETF	74.17%	3.03%	1,032.17
GAZ	iPath Series B Bloomberg Natural Gas Subindex Total Return ETN	68.82%	4.97%	6.22
KRBN	KraneShares Global Carbon ETF	60.54%	0.43%	717.16
UNL	United States 12 Month Natural Gas Fund LP	60.01%	3.32%	12.16
MLPO	Credit Suisse S&P MLP Index ETN	59.74%	0.00%	22.84
PXE	Invesco Dynamic Energy Exploration & Production ETF	58.92%	-1.11%	73.31

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.

Dan Mika

Dan Mika is a reporter for etf.com. He has previously covered business for the Ames Tribune and Cedar Rapids Gazette in Iowa, and BizWest Media in Fort Collins, Colorado. Dan holds a bachelor's degree in journalism from Truman State University.

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ETFs Cross $600B Inflow Mark

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