ETFs Step Closer To New Asset Record

Senior ETF Analyst

Dec 04, 2020

Reviewed by: Sumit Roy

Edited by: Sumit Roy

ETF inflows continued on a record pace during the first week of December, as soaring stocks gave investors the confidence to put their money to work in the markets.

On net, investors added $10.9 billion to U.S.-listed ETFs during the week ending Thursday, Dec. 3. The week included three days in December and two days in November, a month that saw a record $91 billion of new money enter ETFs.

The early data from December suggests that investors remain bullish, putting 2020 on track to be the greatest year for ETF inflows. As of Dec. 3, year-to-date inflows stood at $441.6 billion. That compares to $280.2 billion at this same time a year ago and $476.1 billion at the end of 2017, the year that saw the most inflows ever.

Int'l Equity ETFs Lead

During this latest week, U.S. equity ETFs continued to see interest as the S&P 500 hit multiple record highs. U.S. equity ETFs picked up $1.7 billion of fresh cash during the period, led by a $1.1 billion inflow for the Invesco QQQ Trust (QQQ).

That said, international equity ETFs, with inflows of $6.2 billion, were the most popular funds of the week. U.S. fixed income ETFs, with weekly inflows of $3.5 billion, also saw interest.

After the aforementioned QQQ, the iShares Russell 2000 ETF (IWM), the iShares 20+ Year Treasury Bond ETF (TLT) and the iShares TIPS Bond ETF (TIP) were the most sought after ETFs of the week.

On the other hand, the Vanguard S&P 500 ETF (VOO) registered a sizable weekly outflow of $6.8 billion. Still, despite this week's selling, VOO holds the second-largest inflows for 2020 as a whole, equal to $19.3 billion.

Top 10 Creations (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
QQQ	Invesco QQQ Trust	1,113.73	146,942.74	0.76%
IWM	iShares Russell 2000 ETF	988.06	51,889.11	1.90%
TLT	iShares 20+ Year Treasury Bond ETF	653.42	18,323.22	3.57%
TIP	iShares TIPS Bond ETF	591.79	24,980.11	2.37%
VTI	Vanguard Total Stock Market ETF	585.90	191,462.00	0.31%
AGG	iShares Core U.S. Aggregate Bond ETF	530.94	83,220.98	0.64%
XLF	Financial Select Sector SPDR Fund	469.18	23,023.43	2.04%
IVV	iShares Core S&P 500 ETF	448.32	238,142.03	0.19%
IEFA	iShares Core MSCI EAFE ETF	442.51	81,159.00	0.55%
VCIT	Vanguard Intermediate-Term Corporate Bond ETF	434.55	41,760.99	1.04%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
VOO	Vanguard S&P 500 ETF	-6,820.31	172,422.96	-3.96%
JNK	SPDR Bloomberg Barclays High Yield Bond ETF	-753.07	12,610.09	-5.97%
IEF	iShares 7-10 Year Treasury Bond ETF	-609.68	15,625.36	-3.90%
TQQQ	ProShares UltraPro QQQ	-552.84	9,492.76	-5.82%
HYLB	Xtrackers USD High Yield Corporate Bond ETF	-334.62	6,833.49	-4.90%
SPHB	Invesco S&P 500 High Beta ETF	-316.15	429.92	-73.54%
IAU	iShares Gold Trust	-306.15	30,678.31	-1.00%
GLD	SPDR Gold Trust	-283.92	69,695.52	-0.41%
XLP	Consumer Staples Select Sector SPDR Fund	-282.45	13,620.73	-2.07%
OEF	iShares S&P 100 ETF	-277.57	7,230.03	-3.84%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	1,661.50	2,994,170.89	0.06%
International Equity	6,220.90	997,718.76	0.62%
U.S. Fixed Income	3,504.33	956,955.82	0.37%
International Fixed Income	621.87	118,705.79	0.52%
Commodities	-990.65	138,135.58	-0.72%
Currency	12.78	1,853.85	0.69%
Leveraged	-395.92	42,990.00	-0.92%
Inverse	153.47	11,703.83	1.31%
Asset Allocation	83.51	12,965.31	0.64%
Alternatives	11.21	5,153.33	0.22%
Total:	10,883.01	5,280,353.18	0.21%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	143,851.69	2,994,170.89	4.80%
International Equity	45,104.79	997,718.76	4.52%
U.S. Fixed Income	173,719.57	956,955.82	18.15%
International Fixed Income	21,251.80	118,705.79	17.90%
Commodities	39,972.90	138,135.58	28.94%
Currency	516.13	1,853.85	27.84%
Leveraged	765.47	42,990.00	1.78%
Inverse	13,487.12	11,703.83	115.24%
Asset Allocation	2,710.85	12,965.31	20.91%
Alternatives	222.62	5,153.33	4.32%
Total:	441,602.96	5,280,353.18	8.36%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
SGDJ	Sprott Junior Gold Miners ETF	7.60%	178,775	115.22
SILJ	ETFMG Prime Junior Silver Miners ETF	7.14%	4,988,294	500.14
GOEX	Global X Gold Explorers ETF	7.04%	50,485	61.78
SLVP	iShares MSCI Global Silver and Metals Miners ETF	7.02%	533,412	215.72
DBS	Invesco DB Silver Fund	6.83%	11,190	23.73
SIL	Global X Silver Miners ETF	6.81%	2,187,632	994.61
SBUG	iPath Silver ETN	6.48%	2,827	13.91
GREK	Global X MSCI Greece ETF	6.22%	391,220	153.12
SIVR	Aberdeen Standard Physical Silver Shares ETF	6.12%	2,361,206	782.16
SLV	iShares Silver Trust	6.08%	85,484,542	13,144.41

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
TAN	Invesco Solar ETF	166.62%	-3.86%	2,709.80
PBW	Invesco WilderHill Clean Energy ETF	158.71%	-7.57%	1,603.38
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	147.91%	-5.64%	1,489.27
ARKG	ARK Genomic Revolution ETF	147.23%	4.09%	4,314.76
ARKW	ARK Next Generation Internet ETF	133.79%	0.02%	4,168.01
ARKK	ARK Innovation ETF	124.46%	0.50%	13,397.04
KGRN	KraneShares MSCI China Environment Index ETF	113.36%	-1.89%	51.16
PBD	Invesco Global Clean Energy ETF	108.65%	-2.62%	219.99
IBUY	Amplify Online Retail ETF	105.39%	-1.20%	1,200.88
ACES	ALPS Clean Energy ETF	104.12%	-4.50%	596.14

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.

Sumit Roy

| Contact: [email protected]

Sumit Roy is the senior ETF analyst for etf.com, where he has worked for 13 years. He creates a variety of content for the platform, including news articles, analysis pieces, videos and podcasts.

Before joining etf.com, Sumit was the managing editor and commodities analyst for Hard Assets Investor. In those roles, he was responsible for most of the operations of HAI, a website dedicated to education about commodities investing.

Though he still closely follows the commodities beat, Sumit covers a much broader assortment of topics for etf.com, with a particular focus on stock and bond exchange-traded funds.

He is the host of etf.com’s Talk ETFs, a popular video series that features weekly interviews with thought leaders in the ETF industry. Sumit is also co-host of Exchange Traded Fridays, etf.com’s weekly podcast series.

He lives in the San Francisco Bay Area, where he enjoys climbing the city’s steep hills, playing chess and snowboarding in Lake Tahoe.

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ETFs Step Closer To New Asset Record

ETFs Step Closer To New Asset Record

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