Fixed Income ETFs Power Weekly Inflows

Senior ETF Analyst

Oct 09, 2020

Reviewed by: Sumit Roy

Edited by: Sumit Roy

U.S. fixed income ETFs were in vogue this week. On net, investors added $10.7 billion to the space, helping push overall ETF inflows for the week ending Thursday, Oct. 8 to $15.7 billion.

The inflows into fixed income funds came despite a sell-off in Treasuries. The yield on the 10-year Treasury bond reached just shy of 0.8% this week, the highest level in four months (bond yields and prices move inversely).

Still, some bond funds, like the iShares iBoxx USD High Yield Crorporate Bond ETF (HYG), managed to rally thanks to a narrowing of credit spreads. HYG attracted $1.3 billion of new money this week.

Other fixed income ETFs to gather assets during the period included the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), the iShares 20+ Year Treasury Bond ETF (TLT) and the SPDR Bloomberg Barclays High Yield Bond ETF (JNK).

7-Month Highs For Small Caps

In the equity space, the most popular ETFs of the week were the iShares Russell 2000 ETF (IWM) and the iShares ESG MSCI USA ETF (ESGU). Small caps, as measured by the Russell 2000, hit seven-month highs this week, outperforming their large cap counterparts.

Year-to-date, U.S.-listed ETF inflows now stand at $334.1 billion, ahead of the $195.6 billion seen at this same time a year ago.

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
HYG	iShares iBoxx USD High Yield Corporate Bond ETF	1,285.99	27,461.01	4.68%
IWM	iShares Russell 2000 ETF	1,001.68	42,270.02	2.37%
ESGU	iShares ESG Aware MSCI USA ETF	981.74	9,970.50	9.85%
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	977.57	56,040.47	1.74%
TLT	iShares 20+ Year Treasury Bond ETF	800.13	19,373.63	4.13%
IYR	iShares U.S. Real Estate ETF	703.58	4,388.29	16.03%
EMB	iShares JP Morgan USD Emerging Markets Bond ETF	661.38	16,876.84	3.92%
XLF	Financial Select Sector SPDR Fund	647.35	17,863.82	3.62%
JNK	SPDR Bloomberg Barclays High Yield Bond ETF	646.21	13,094.29	4.94%
IVV	iShares Core S&P 500 ETF	590.36	218,603.95	0.27%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
SPY	SPDR S&P 500 ETF Trust	-5,065.83	293,832.29	-1.72%
QQQ	Invesco QQQ Trust	-2,830.95	133,821.42	-2.12%
NEAR	iShares Short Maturity Bond ETF	-621.40	4,750.69	-13.08%
IJR	iShares Core S&P Small-Cap ETF	-451.41	43,403.30	-1.04%
IYG	iShares U.S. Financial Services ETF	-412.10	1,419.66	-29.03%
XLV	Health Care Select Sector SPDR Fund	-324.96	23,851.59	-1.36%
GLD	SPDR Gold Trust	-286.69	77,008.05	-0.37%
VSS	Vanguard FTSE All-World ex-US Small-Cap ETF	-203.44	5,114.53	-3.98%
USMV	iShares MSCI USA Min Vol Factor ETF	-199.63	34,265.16	-0.58%
EFA	iShares MSCI EAFE ETF	-194.32	47,902.17	-0.41%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	1,180.66	2,702,188.20	0.04%
International Equity	2,380.95	879,792.89	0.27%
U.S. Fixed Income	10,707.77	930,280.62	1.15%
International Fixed Income	890.75	110,220.37	0.81%
Commodities	222.48	146,819.68	0.15%
Currency	12.84	2,195.28	0.58%
Leveraged	-176.94	39,026.46	-0.45%
Inverse	261.54	13,717.22	1.91%
Asset Allocation	53.79	12,079.14	0.45%
Alternatives	124.90	5,320.22	2.35%
Total:	15,658.74	4,841,640.08	0.32%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	84,403.11	2,702,188.20	3.12%
International Equity	16,897.24	879,792.89	1.92%
U.S. Fixed Income	152,567.71	930,280.62	16.40%
International Fixed Income	14,474.57	110,220.37	13.13%
Commodities	46,275.02	146,819.68	31.52%
Currency	897.86	2,195.28	40.90%
Leveraged	3,294.80	39,026.46	8.44%
Inverse	13,247.39	13,717.22	96.57%
Asset Allocation	2,092.14	12,079.14	17.32%
Alternatives	-45.66	5,320.22	-0.86%
Total:	334,104.20	4,841,640.08	6.90%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
MLPO	Credit Suisse S&P MLP Index ETN	23.21%	3,714	14.74
TAN	Invesco Solar ETF	12.90%	9,826,316	2,017.42
DWMC	AdvisorShares Dorsey Wright Micro-Cap ETF	12.55%	1,248	1.75
PBW	Invesco WilderHill Clean Energy ETF	10.83%	2,104,268	939.49
ARKG	ARK Genomic Revolution ETF	10.71%	4,703,079	2,657.67
ICLN	iShares Global Clean Energy ETF	10.53%	21,837,628	1,962.27
CNRG	SPDR S&P Kensho Clean Power ETF	10.42%	118,954	76.95
BBC	Virtus LifeSci Biotech Clinical Trials ETF	9.83%	51,485	42.46
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	9.38%	1,441,171	681.15
SBIO	ALPS Medical Breakthroughs ETF	9.05%	72,134	190.45

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
TAN	Invesco Solar ETF	144.09%	12.90%	2,017.42
XVZ	iPath S&P 500 Dynamic VIX ETN	113.93%	0.32%	12.21
ARKG	ARK Genomic Revolution ETF	109.37%	10.71%	2,657.67
PBW	Invesco WilderHill Clean Energy ETF	103.79%	10.83%	939.49
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	99.72%	9.38%	681.15
ARKW	ARK Next Generation Internet ETF	98.59%	3.92%	2,679.96
ARKK	ARK Innovation ETF	98.22%	7.46%	9,642.73
VIXM	ProShares VIX Mid-Term Futures ETF	91.22%	-2.44%	101.50
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	90.29%	-3.09%	31.06
ACES	ALPS Clean Energy ETF	82.80%	8.42%	442.11

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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Fixed Income ETFs Power Weekly Inflows

Fixed Income ETFs Power Weekly Inflows

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