Fixed Income ETFs Power Weekly Inflows
Year-to-date inflows now stand at $334 billion.
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.
