'GOVT’ Bolsters Weekly ETF Inflows

Weekly ETF inflows totaled nearly $9 billion.

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

Fresh six-month highs in the U.S. stock market encouraged investors to plow $9 billion into U.S.-listed ETFs this week, including $7.5 billion into U.S. equity ETFs.

The S&P 500 broke above the 2,900 level for the first time since last October, buoyed by a solid start to the corporate earnings season and fading concerns about economic growth and interest rates.

The U.S. 10-year Treasury yield spiked to a three-week high near 2.55%. Investors responded by putting $1.3 billion into U.S. fixed-income ETFs this week.

Year-to-date net inflows for all ETFs now stand at $68.2 billion, compared to $71.2 billion at this same time last year.

‘SPY’ Beats Out ‘GOVT’

A familiar sight on top of the leaderboard was the SPDR S&P 500 ETF Trust (SPY). Its $3.4 billion in inflows easily outpaced the rest of the pack.

Coming in at No. 2 was a less familiar fund, the iShares U.S. Treasury Bond ETF (GOVT), which picked up $869 million.

The JPMorgan BetaBuilders Canada ETF (BBCA) and the JPMorgan BetaBuilders Europe ETF (BBEU) also were in favor, with inflows of $700 million and $626 million, respectively.

Outflows

On the outflows side, the iShares MSCI EAFE ETF (EFA) shed the most assets—$1.5 billion. It was followed by the iShares 1-3 Year Treasury Bond ETF (SHY), the iShares JP Morgan USD Emerging Markets Bond ETF (EMB) and the iShares Global Tech ETF (IXN).

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

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust3,389.91275,591.951.23%
GOVTiShares U.S. Treasury Bond ETF869.389,504.189.15%
IVViShares Core S&P 500 ETF812.35175,013.020.46%
BBCAJPMorgan BetaBuilders Canada ETF700.073,445.0120.32%
BBEUJPMorgan BetaBuilders Europe ETF625.794,106.6415.24%
XLFFinancial Select Sector SPDR Fund558.4823,527.342.37%
VOOVanguard S&P 500 ETF542.47110,402.310.49%
IEFAiShares Core MSCI EAFE ETF433.6061,856.290.70%
IGSBiShares Short-Term Corporate Bond ETF249.7310,947.842.28%
ITOTiShares Core S&P Total U.S. Stock Market ETF209.3819,380.551.08%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
EFAiShares MSCI EAFE ETF-1,467.7663,185.62-2.32%
SHYiShares 1-3 Year Treasury Bond ETF-712.8419,367.86-3.68%
EMBiShares JP Morgan USD Emerging Markets Bond ETF-690.8116,509.80-4.18%
IXNiShares Global Tech ETF-335.052,592.83-12.92%
VGSHVanguard Short-Term Treasury Index ETF-304.234,568.46-6.66%
FTCFirst Trust Large Cap Growth AlphaDEX Fund-274.32981.22-27.96%
SCHOSchwab Short-Term U.S. Treasury ETF-207.635,219.45-3.98%
IJRiShares Core S&P Small Cap ETF-205.3944,177.54-0.46%
NEARiShares Short Maturity Bond ETF-203.146,195.24-3.28%
GLDSPDR Gold Trust-195.5131,804.69-0.61%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity7,528.132,204,450.200.34%
International Equity845.96839,943.080.10%
U.S. Fixed Income1,341.12638,786.740.21%
International Fixed Income-513.3574,351.97-0.69%
Commodities -99.1364,259.50-0.15%
Currency27.811,501.291.85%
Leveraged-251.1638,793.59-0.65%
Inverse160.5511,706.821.37%
Asset Allocation-5.429,532.24-0.06%
Alternatives-50.254,769.17-1.05%
Total:8,984.263,888,094.600.23%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity21,016.042,204,450.200.95%
International Equity8,921.73839,943.081.06%
U.S. Fixed Income32,306.89638,786.745.06%
International Fixed Income6,535.4874,351.978.79%
Commodities -1,113.0564,259.50-1.73%
Currency-287.241,501.29-19.13%
Leveraged-2,304.8738,793.59-5.94%
Inverse2,992.0811,706.8225.56%
Asset Allocation-572.879,532.24-6.01%
Alternatives693.944,769.1714.55%
Total:68,188.143,888,094.601.75%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
NUAGNuveen Enhanced Yield U.S. Aggregate Bond ETF42,574178,658419.64%
IOOiShares Global 100 ETF133,812459,607343.47%
MXIiShares Global Materials ETF44,699157,937353.33%

BLHY

Virtus Newfleet Dynamic Credit ETF

11,023

27,504

249.52%

IBDT

iShares iBonds Dec 2028 Term Corporate ETF

14,308

31,498

220.15%

GBFiShares Government/Credit Bond ETF38,45784,381219.42%
FABFirst Trust Multi Cap Value AlphaDEX Fund4,0497,686189.80%

VFH

Vanguard Financials ETF

717,391

1,338,797

186.62%

FEP

First Trust Europe AlphaDEX Fund

102,530

175,268

170.94%

SCJiShares MSCI Japan Small-Cap ETF144,977233,624161.15%

 

 

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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