ETFs Notch Muted Gains as Markets Seesaw

Equity funds pulled in $1.6 billion.

ShubhamSaharan_white_bg
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Reviewed by: Shubham Saharan
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Edited by: Shubham Saharan

Exchange traded funds pared losses from earlier in the month as investors bought U.S. and international equity funds.  

ETFs brought in $2 billion in the week ending Feb. 17, a departure from the $5.3 billion in outflows the week prior. Most of the funds went to U.S. and international equity ETFs, which collectively pulled $4.5 billion, compared to the $2.3 billion which exited last week, according to ETF.com data.

The investments came despite losses across U.S. equity markets during the week. The S&P 500 dipped 0.3% for the week, while the Nasdaq dropped 0.6%.  

Among the best performing ETFs were the JPMorgan BetaBuilders Europe ETF (BBEU), the JPMorgan BetaBuilders Europe ETF (VOO) and the JPMorgan Equity Premium Income ETF (JEPI) which saw a total $2.6 billion flock to the funds last week.  

On the other side of the ledger, fixed income funds shed $2.1 billion, compared to the $3.3 billion which exited in the week ending Feb. 10.  

Funds which saw the lost losses included the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the SPDR S&P 500 ETF Trust (SPY). 

This is the second consecutive week where HYG has appeared in the top 10 redemptions across U.S. listed ETFs, and the third consecutive appearance for both LQD and SPY.  

 For a full list of last week’s top inflows and outflows, see the tables below:    

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SHViShares Short Treasury Bond ETF1,481.0920,302.507.30%
BBEUJPMorgan BetaBuilders Europe ETF1,099.448,478.3812.97%
VOOVanguard S&P 500 ETF1,019.66281,805.290.36%
TLHiShares 10-20 Year Treasury Bond ETF727.908,252.738.82%
AGGiShares Core U.S. Aggregate Bond ETF530.0585,410.820.62%
JEPIJPMorgan Equity Premium Income ETF519.2420,959.952.48%
VTIVanguard Total Stock Market ETF513.38283,514.960.18%
SPTSSPDR Portfolio Short Term Treasury ETF470.604,602.9710.22%
PCRBPutnam ESG Core Bond ETF433.39436.7999.22%
IEFiShares 7-10 Year Treasury Bond ETF365.4723,394.361.56%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-3,143.1634,250.86-9.18%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-2,677.9313,743.56-19.48%
SPYSPDR S&P 500 ETF Trust-2,620.61374,929.36-0.70%
EMBiShares JP Morgan USD Emerging Markets Bond ETF-1,113.4316,050.31-6.94%
USMViShares MSCI USA Min Vol Factor ETF-810.9729,275.63-2.77%
JNKSPDR Bloomberg High Yield Bond ETF-546.648,881.61-6.15%
VGITVanguard Intermediate-Term Treasury Index ETF-419.7913,370.28-3.14%
SHYiShares 1-3 Year Treasury Bond ETF-405.6426,561.72-1.53%
ACWIiShares MSCI ACWI ETF-400.3219,124.52-2.09%
TIPiShares TIPS Bond ETF-376.2722,034.11-1.71%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity1,635.464,113,589.010.04%
International Equity2,914.291,252,234.190.23%
U.S. Fixed Income-2,118.801,178,507.87-0.18%
International Fixed Income-577.38146,543.57-0.39%
Commodities-347.02130,078.86-0.27%
Currency-49.893,613.71-1.38%
Leveraged-0.9753,876.280.00%
Inverse610.2124,854.782.46%
Asset Allocation-69.3815,823.13-0.44%
Alternatives24.228,716.220.28%
Total:2,020.736,927,837.610.03%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity2,359.504,113,589.010.06%
International Equity27,003.081,252,234.192.16%
U.S. Fixed Income14,073.051,178,507.871.19%
International Fixed Income6,040.80146,543.574.12%
Commodities564.20130,078.860.43%
Currency-372.663,613.71-10.31%
Leveraged-948.4453,876.28-1.76%
Inverse5,749.4224,854.7823.13%
Asset Allocation-1,789.4515,823.13-11.31%
Alternatives95.418,716.221.09%
Total:52,774.916,927,837.610.76%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
DAMVanEck Digital Assets Mining ETF18.55%13,6311.40
DAPPVanEck Digital Transformation ETF16.87%293,68631.03
WGMIValkyrie Bitcoin Miners ETF16.78%274,0595.80
TURiShares MSCI Turkey ETF15.24%4,522,331338.55
BITQBitwise Crypto Industry Innovators ETF13.79%657,84860.12
GFOFGrayscale Future of Finance ETF13.75%7,4205.35
XBTFVanEck Bitcoin Strategy ETF13.58%41,76131.05
BITSGlobal X Blockchain and Bitcoin Strategy ETF13.56%30,26510.38
BITOProShares Bitcoin Strategy ETF13.53%54,555,540846.27
BTFValkyrie Bitcoin Strategy ETF13.50%356,35528.75

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
BITOProShares Bitcoin Strategy ETF46.14%13.53%846.27
ONLNProShares Online Retail ETF27.82%-0.24%137.43
VERSProshares Metaverse ETF25.24%1.56%6.55
DATProShares Big Data Refiners ETF24.50%2.49%1.96
CLIXProShares Long Online/Short Stores ETF23.22%-0.60%13.31
MAKXProShares S&P Kensho Smart Factories ETF20.07%1.38%0.90
TINYProShares Nanotechnology ETF19.80%-0.97%2.50
FBCGFidelity Blue Chip Growth ETF18.97%-0.22%477.74
CTEXProShares S&P Kensho Cleantech ETF17.89%0.68%7.72
PAWZProShares Pet Care ETF15.72%0.73%111.48

 

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.

Shubham Saharan is a markets reporter at etf.com. Before joining the company, she reported for Bloomberg and the Financial Times. Saharan is a graduate of Barnard College of Columbia University.