ETFs Give Back Some Of Last Week’s Inflows

ETFs registered outflows this week, as some of the heartbeat trades from last week reversed. The Vanguard Dividend Appreciation ETF (VIG) and the Schwab U.S. Dividend Equity ETF (SCHD) topped the outflows list, with redemptions of $12.3 billion and $4.6 billion, respectively—a mirror image of last week’s inflows.

Still, even with these reversals, weekly outflows totaled only $20.2 billion, a fraction of last week’s $71 billion haul. Year-to-date inflows now stand at $232.7 billion, more than triple the $66.8 billion seen at this same time a year ago.

Growth Stocks Sag

During the week, the S&P 500 continued to hover in a tight range around 3,900. At the same time, the 10-year Treasury bond yield backed off slightly from recent highs, with the rate last seen at 1.66% versus 1.72% a week ago.

While the broad stock market was largely range-bound, growth stocks took a beating this week. The ARK Innovation ETF (ARKK) got close to its low from three weeks ago, prompting investors to pull close to $500 million out of the fund over the past three days.

On the other hand, the SDPR S&P 500 ETF Trust (SPY), the Invesco QQQ Trust (QQQ) and the iShares U.S. Energy ETF (IYE) headlined the weekly inflows list, with creations of $8.8 billion, $4.3 billion and $968 million, respectively.

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	8,847.81	340,389.43	2.60%
QQQ	Invesco QQQ Trust	4,250.04	152,987.14	2.78%
IYE	iShares U.S. Energy ETF	968.41	1,765.61	54.85%
VTI	Vanguard Total Stock Market ETF	776.87	218,696.45	0.36%
IWD	iShares Russell 1000 Value ETF	771.73	49,856.88	1.55%
VOO	Vanguard S&P 500 ETF	727.11	201,757.62	0.36%
VXUS	Vanguard Total International Stock ETF	604.98	42,444.10	1.43%
IEMG	iShares Core MSCI Emerging Markets ETF	582.11	76,812.62	0.76%
SPTL	SPDR Portfolio Long Term Treasury ETF	565.27	3,041.73	18.58%
IUSB	iShares Core Total USD Bond Market ETF	553.50	11,954.12	4.63%

 

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
VIG	Vanguard Dividend Appreciation ETF	-12,306.19	54,363.69	-22.64%
SCHD	Schwab U.S. Dividend Equity ETF	-4,641.57	20,591.60	-22.54%
VO	Vanguard Mid-Cap ETF	-3,447.43	44,581.26	-7.73%
VB	Vanguard Small-Cap ETF	-2,285.03	41,943.09	-5.45%
IWM	iShares Russell 2000 ETF	-1,957.47	65,901.87	-2.97%
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	-1,702.31	43,000.49	-3.96%
VXF	Vanguard Extended Market ETF	-1,608.65	15,032.91	-10.70%
VBK	Vanguard Small-Cap Growth ETF	-1,488.27	14,644.14	-10.16%
HYG	iShares iBoxx USD High Yield Corporate Bond ETF	-1,248.70	21,379.29	-5.84%
VOT	Vanguard Mid-Cap Growth ETF	-1,012.85	10,014.59	-10.11%

 

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	-26,019.01	3,364,632.70	-0.77%
International Equity	2,351.62	1,149,276.49	0.20%
U.S. Fixed Income	1,711.78	973,325.23	0.18%
International Fixed Income	1,154.78	129,601.53	0.89%
Commodities	-416.85	131,258.76	-0.32%
Currency	26.46	1,905.98	1.39%
Leveraged	643.57	51,079.33	1.26%
Inverse	38.68	11,855.95	0.33%
Asset Allocation	142.65	14,392.72	0.99%
Alternatives	152.50	6,092.60	2.50%
Total:	-20,213.82	5,833,421.28	-0.35%

 

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	112,498.58	3,364,632.70	3.34%
International Equity	80,700.01	1,149,276.49	7.02%
U.S. Fixed Income	27,481.04	973,325.23	2.82%
International Fixed Income	9,234.61	129,601.53	7.13%
Commodities	-5,126.90	131,258.76	-3.91%
Currency	16.27	1,905.98	0.85%
Leveraged	3,731.45	51,079.33	7.31%
Inverse	1,916.98	11,855.95	16.17%
Asset Allocation	941.79	14,392.72	6.54%
Alternatives	1,256.81	6,092.60	20.63%
Total:	232,650.64	5,833,421.28	3.99%

 

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
DFAU	Dimensional U.S. Core Equity Market ETF	3,658,012.56%	937,303	574.20
DFAI	Dimensional International Core Equity Market ETF	2,481,174.23%	463,981	262.25
DFAE	Dimensional Emerging Core Equity Market ETF	21,598.75%	351,939	161.36
EDV	Vanguard Extended Duration Treasury ETF	3.69%	1,487,139	1,019.60
GOVZ	iShares 25+ Year Treasury STRIPS Bond ETF	3.65%	37,379	25.48
ZROZ	PIMCO 25+ Year Zero Coupon US Treasury Index ETF	3.62%	163,312	308.38
BTAL	AGFiQ U.S. Market Neutral Anti-Beta Fund	3.58%	127,749	101.03
LTPZ	PIMCO 15+ Year US TIPS Index ETF	2.95%	319,223	621.19
TBJL	Innovator 20+ Year Treasury Bond 9 Buffer ETF - July	2.85%	6,029	4.59
TLT	iShares 20+ Year Treasury Bond ETF	2.58%	61,089,184	15,238.69

 

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
BDRY	Breakwave Dry Bulk Shipping ETF	116.88%	-11.91%	42.95
CNBS	Amplify Seymour Cannabis ETF	69.68%	-6.84%	147.34
POTX	Global X Cannabis ETF	62.73%	-9.56%	192.11
THCX	The Cannabis ETF	60.32%	-7.78%	171.73
MJ	ETFMG Alternative Harvest ETF	58.82%	-7.17%	1,763.79
BLOK	Amplify Transformational Data Sharing ETF	53.92%	-13.60%	1,146.75
PXE	Invesco Dynamic Energy Exploration & Production ETF	40.72%	-2.54%	66.39
YOLO	AdvisorShares Pure Cannabis ETF	40.06%	-8.43%	395.61
TOKE	Cambria Cannabis ETF	40.03%	-6.61%	36.98
FCG	First Trust Natural Gas ETF	39.80%	-4.18%	187.84

 

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.