'GLD' YTD Inflows Top $10 Billion, 'HYG' Loses Big

'GLD' YTD Inflows Top $10 Billion, 'HYG' Loses Big

The gold fund continues to reign supreme when it comes to popularity among ETF investors, while the junk bond ETF falls out of favor.

ETF.com
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Reviewed by: etf.com Staff
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Edited by: etf.com Staff

On the whole, investors continued to pour money into U.S.-listed exchange-traded funds this week. About $5 billion entered ETFs as a whole, with most of the money going into U.S. equity products, according to FactSet data. On the other hand, fixed-income ETFs saw a sizable outflow—$960 millionbut that was all due to one product in particular.

GLD YTD Inflows Top $10 Billion

At the same time, commodities continued to garner solid inflows, to the tune of $771 million, thanks to the popularity of the SPDR Gold Trust (GLD | A-100), the inflows leader of the year. GLD had inflows of $620 million this week, bringing its year-to-date haul to $10.2 billion.

GLD's weekly flows were enough to put it at No. 4 on this week's inflows list. At the top of that list was the SPDR S&P 500 ETF Trust (SPY | A-97), with inflows of $1.4 billion.

Another notable winner was the First Trust Morningstar Dividend Leaders Index Fund (FDL | A-69), with inflows of nearly $600 million, and the VanEck Vectors Gold Miners ETF (GDX | C-75), with inflows of $483 million.

HYG Assets Fall By More Than 10%

Meanwhile, as previously mentioned, one fixed-income product was far ahead of the rest of that asset class when it came to outflows. The iShares iBoxx $ High Yield Corporate Bond ETF (HYG | B-68) saw a whopping $1.8 billion flow out of the product, a nearly 12% reduction in its assets under management.

At the No. 2 position was the Financial Select Sector SPDR Fund (XLF | A-94), with a $516 million outflow, and at No. 3 was the WisdomTree Japan Hedged Equity Fund (DXj | B-63), with $350 million in outflows.

On a percentage basis, the biggest loser on the list was the ProShares Ultra VIX Short-Term Futures ETF (UVXY) , with a $240 million outflow, representing almost 22% of its AUM.

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust1,433.91182,685.640.79%
VOVanguard Mid-Cap Index Fund994.4214,714.937.25%
VTVVanguard Value Index Fund623.9721,919.332.93%
GLDSPDR Gold Trust620.4538,028.171.66%
FDLFirst Trust Morningstar Dividend Leaders Index Fund596.592,130.5638.89%
GDXVanEck Vectors Gold Miners ETF482.808,784.505.82%
VEAVanguard FTSE Developed Markets ETF463.2532,118.051.46%
VUGVanguard Growth Index Fund461.2920,977.762.25%
VBVanguard Small-Cap Index Fund313.4312,966.232.48%
VWOVanguard FTSE Emerging Markets ETF308.7935,393.420.88%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
HYGiShares iBoxx $ High Yield Corporate Bond ETF-1,757.6913,432.85-11.57%
XLFFinancial Select Sector SPDR Fund-515.7115,794.84-3.16%
DXJWisdomTree Japan Hedged Equity Fund-349.696,918.85-4.81%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF-252.6328,940.94-0.87%
XLUUtilities Select Sector SPDR Fund-240.198,063.70-2.89%
UVXYProShares Ultra VIX Short-Term Futures ETF-239.81866.61-21.67%
IWMiShares Russell 2000 ETF-239.5225,719.68-0.92%
XLVHealth Care Select Sector SPDR Fund-230.1012,744.00-1.77%
VTIVanguard Total Stock Market Index Fund-199.7060,070.16-0.33%
FXIiShares China Large-Cap ETF-198.443,260.43-5.74%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity4,592.741,237,233.360.37%
International Equity151.01470,352.290.03%
U.S. Fixed Income-959.77378,281.18-0.25%
International Fixed Income207.1035,367.790.59%
Commodities770.9768,339.271.13%
Currency-4.811,273.54-0.38%
Leveraged37.9323,833.090.16%
Inverse291.0121,007.181.39%
Asset Allocation112.635,880.831.92%
Alternatives-194.044,403.46-4.41%
Total:5,004.772,245,972.000.22%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
ZROZPIMCO 25+ Year Zero Coupon US Treasury Index ETF69,087302,271437.52%
DDWMWisdomTree Dynamic Currency Hedged International Equity Fund35,535178,748503.02%
DFEWisdomTree Europe SmallCap Dividend Fund212,239757,631356.97%
ONEOSPDR Russell 1000 Momentum Focus113378335.30%
EISiShares MSCI Israel Capped ETF42,533105,935249.06%
IUSGiShares Core U.S. Growth ETF83,832213,372254.52%
GNRSPDR S&P Global Natural Resources ETF152,833405,059265.03%
DBJPDeutsche X-trackers MSCI Japan Hedged Equity ETF830,2872,041,312245.86%
VQTBarclays ETN+ S&P VEQTOR ETN2,5206,529259.09%
IUSViShares Core U.S. Value ETF26,64663,308237.59%

 

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.

 

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