ETFs Gain $50B In Weekly Flows
A huge surge in equities led to a record week for inflows in 2022.
U.S.-listed ETFs set a new record for weekly inflows in 2022 last week amid the S&P 500’s best performance year-to-date, adding just over $50.5 billion in the period.
The U.S. ETF industry has generated net flows of $183.2 billion year-to-date and has $6.9 trillion in assets overall, according to ETF.com data provider FactSet.
Equities Break Out
U.S. equity funds accounted for $40.8 billion in net flows last week, dwarfing all other asset classes.
Broad large cap ETFs led the period’s top inflow charts, with the iShares Core S&P 500 ETF (IVV) bringing in just short of $4.3 billion, while the Vanguard Total Stock Market ETF (VTI) brought in $3.6 billion.
The SPDR S&P 500 ETF Trust (SPY) took in $2.2 billion, and the Vanguard S&P 500 ETF (VOO) brought in $1.8 billion. Investors also liked the Invesco S&P 500 Equal Weight ETF (RSP), which added a little more than $2 billion.
The rest of the capitalization range took in assets as well. The Vanguard Mid-Cap ETF (VO) added $1.6 billion, while the Vanguard Small-Cap ETF (VB) took in $1.3 billion.
Investors also allocated to two dividend funds in droves, with the iShares Select Dividend ETF (DVY) adding $2.3 billion and the Vanguard Dividend Appreciation ETF (VIG) taking in $2.3 billion.
EAFE Struggles
While the First Trust Dorsey Wright Focus 5 ETF (FV) saw the largest loss among all ETFs last week with $1.1 billion in outflows, that was the second leg of a heartbeat trade and left the fund with a net gain of $43 million on the month.
The iShares MSCI EAFE Growth ETF (EFG) was the largest nonheartbeat trade loss on the week, with a $1 billion loss, while the iShares MSCI EAFE Value ETF (EFV) had outflows of $671.4 million.
Other funds with international exposure struggled last week, with the iShares Global Financials ETF (IXG) and the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) losing $857.8 million and $700 million, respectively.
Finally, two energy equity funds saw outflows last week, likely due to a combination of profit-taking and a dip in oil prices midweek to the $95 per barrel level. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) saw outflows of $451.5 million, while the First Trust Nasdaq Oil & Gas ETF (FTXN) lost $335.8 million.
For a full list of last week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IVV | iShares Core S&P 500 ETF | 4,292.36 | 324,846.42 | 1.32% |
| VTI | Vanguard Total Stock Market ETF | 3,670.29 | 285,625.12 | 1.29% |
| DVY | iShares Select Dividend ETF | 2,351.09 | 23,454.60 | 10.02% |
| VIG | Vanguard Dividend Appreciation ETF | 2,349.26 | 67,601.33 | 3.48% |
| SPY | SPDR S&P 500 ETF Trust | 2,204.47 | 401,693.08 | 0.55% |
| RSP | Invesco S&P 500 Equal Weight ETF | 2,013.60 | 35,104.82 | 5.74% |
| VOO | Vanguard S&P 500 ETF | 1,868.29 | 283,277.49 | 0.66% |
| VO | Vanguard Mid-Cap ETF | 1,617.94 | 55,192.46 | 2.93% |
| VB | Vanguard Small-Cap ETF | 1,356.15 | 48,830.86 | 2.78% |
| QQQ | Invesco QQQ Trust | 1,282.27 | 184,508.83 | 0.69% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| FV | First Trust Dorsey Wright Focus 5 ETF | -1,137.77 | 2,762.54 | -41.19% |
| EFG | iShares MSCI EAFE Growth ETF | -1,083.85 | 9,689.39 | -11.19% |
| IXG | iShares Global Financials ETF | -857.82 | 1,293.41 | -66.32% |
| FTXR | First Trust Nasdaq Transportation ETF | -817.52 | 320.84 | -254.81% |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | -700.37 | 2,202.29 | -31.80% |
| EFV | iShares MSCI EAFE Value ETF | -671.43 | 15,582.72 | -4.31% |
| XOP | SPDR S&P Oil & Gas Exploration & Production ETF | -451.52 | 5,487.06 | -8.23% |
| FTXN | First Trust Nasdaq Oil & Gas ETF | -335.85 | 1,311.01 | -25.62% |
| SCHD | Schwab U.S. Dividend Equity ETF | -328.93 | 34,812.44 | -0.94% |
| SOXL | Direxion Daily Semiconductor Bull 3X Shares | -259.76 | 5,164.67 | -5.03% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 40,807.99 | 4,178,242.79 | 0.98% |
| International Equity | 2,257.22 | 1,250,654.64 | 0.18% |
| U.S. Fixed Income | 4,974.40 | 1,068,193.86 | 0.47% |
| International Fixed Income | 719.46 | 157,861.95 | 0.46% |
| Commodities | 1,681.89 | 168,460.36 | 1.00% |
| Currency | 81.56 | 3,307.29 | 2.47% |
| Leveraged | -225.76 | 62,249.34 | -0.36% |
| Inverse | 129.63 | 15,864.65 | 0.82% |
| Asset Allocation | 80.91 | 19,633.78 | 0.41% |
| Alternatives | 31.23 | 7,175.32 | 0.44% |
| Total: | 50,538.52 | 6,931,643.96 | 0.73% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 97,471.85 | 4,178,242.79 | 2.33% |
| International Equity | 42,631.21 | 1,250,654.64 | 3.41% |
| U.S. Fixed Income | 8,134.11 | 1,068,193.86 | 0.76% |
| International Fixed Income | 7,082.83 | 157,861.95 | 4.49% |
| Commodities | 17,278.66 | 168,460.36 | 10.26% |
| Currency | 277.51 | 3,307.29 | 8.39% |
| Leveraged | 6,953.43 | 62,249.34 | 11.17% |
| Inverse | 2,703.23 | 15,864.65 | 17.04% |
| Asset Allocation | 536.53 | 19,633.78 | 2.73% |
| Alternatives | 111.39 | 7,175.32 | 1.55% |
| Total: | 183,180.75 | 6,931,643.96 | 2.64% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| KWEB | KraneShares CSI China Internet ETF | 34.45% | 254,023,991 | 5,770.19 |
| PGJ | Invesco Golden Dragon China ETF | 33.24% | 2,944,545 | 199.32 |
| FDNI | First Trust Dow Jones International Internet ETF | 25.43% | 95,868 | 40.47 |
| CHIQ | Global X MSCI China Consumer Discretionary ETF | 25.14% | 1,855,262 | 300.80 |
| EWEB | Global X Emerging Markets Internet & E-commerce ETF | 24.59% | 27,201 | 2.76 |
| KTEC | KraneShares Hang Seng TECH Index ETF | 23.90% | 181,613 | 4.90 |
| EMQQ | Emerging Markets Internet & Ecommerce ETF | 23.26% | 2,684,964 | 720.43 |
| ARKF | ARK Fintech Innovation ETF | 21.98% | 7,648,948 | 1,462.13 |
| ARKK | ARK Innovation ETF | 20.35% | 122,103,202 | 12,197.56 |
| GIGE | SoFi Gig Economy ETF | 20.34% | 30,675 | 15.75 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| GLDM | SPDR Gold MiniShares Trust | 107.70% | 5,018.25 | |
| OIH | VanEck Oil Services ETF | 45.80% | -1.70% | 3,719.34 |
| XES | SPDR S&P Oil & Gas Equipment & Services ETF | 44.71% | -0.01% | 308.65 |
| RJN | Elements Rogers International Commodity Index-Energy TR ETN | 43.94% | 4.11% | 13.22 |
| IEZ | iShares U.S. Oil Equipment & Services ETF | 42.98% | -2.28% | 264.59 |
| JJN | iPath Series B Bloomberg Nickel Subindex Total Return ETN | 42.53% | -1.09% | 99.88 |
| JJE | iPath Series B Bloomberg Energy Subindex Total Return ETN | 41.30% | 3.21% | 6.28 |
| VXX | iPath Series B S&P 500 VIX Short Term Futures ETN | 41.12% | -9.23% | 774.07 |
| BNO | United States Brent Oil Fund LP | 40.94% | 0.55% | 302.29 |
| UNG | United States Natural Gas Fund LP | 39.07% | 5.46% | 383.77 |
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.
