U.S. Weekly Inflows Reach $8.6B as Bonds Outpace Stocks
Fixed income funds led the weekly flows as the market looks to rebound.
U.S.-listed exchange traded funds generated net inflows of nearly $8.6 billion last week, with bond funds attracting assets while stock funds experienced outflows.
U.S. fixed income ETFs led the way with nearly $5.9 billion in net inflows, while U.S. equity ETFs had outflows of almost $3.8 billion.
ETF Flow Trends
Alternatives ETFs generated the largest percentage increase at 2.1%, attracting $182.5 million in new assets.
Year-to-date, equity ETFs remain the overall leader with over $336 billion in inflows. Commodities are the only asset class with net outflows so far in 2024, totaling more than $1.8 billion.
The $118 billion Vanguard Total Bond Market ETF (BND) led individual fund inflows with nearly $1.4 billion added. The $18.9 billion iShares MSCI EAFE Value ETF (EFV) followed closely, gaining over $1.1 billion in new assets.
On the outflows side, the $552 billion SPDR S&P 500 ETF Trust (SPY) had $4.9 billion exit the fund, while the $31 billion iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) experienced outflows of more than $1.9 billion.
Year-to-date inflows for all U.S. listed ETFs rose to $605.3 billion, pushing total assets under management to $9.7 trillion.
The $6.6 billion ProShares Ultra QQQ (QLD) saw a 9.6% increase in assets under management, the largest among the top performers, while the $2 billion iShares iBonds Dec 2024 Term Treasury ETF (IBTE) experienced the largest percentage drop in assets at 24.1%.
Silver and gold ETFs dominated the week’s top performers, with the $981 million Amplify Junior Silver Miners ETF (SILJ) leading the pack with a 17% gain. The 1.1 billion Global X Silver Miners ETF (SIL) and the $237 million iShares MSCI Global Silver and Metals Miners ETF (SLVP) followed, both rising over 15% for the week.
For a full list of last week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
| BND | Vanguard Total Bond Market ETF | 1,373.60 | 118,150.45 | 1.16 |
| EFV | iShares MSCI EAFE Value ETF | 1,157.87 | 18,923.98 | 6.12 |
| SPLG | SPDR Portfolio S&P 500 ETF | 873.21 | 45,169.43 | 1.93 |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 868.15 | 24,167.54 | 3.59 |
| AGG | iShares Core U.S. Aggregate Bond ETF | 842.29 | 120,540.39 | 0.70 |
| IEF | iShares 7-10 Year Treasury Bond ETF | 650.65 | 34,545.16 | 1.88 |
| GLD | SPDR Gold Trust | 648.41 | 71,245.82 | 0.91 |
| QLD | ProShares Ultra QQQ | 642.39 | 6,665.61 | 9.64 |
| XLP | Consumer Staples Select Sector SPDR Fund | 549.82 | 18,311.21 | 3.00 |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | 543.37 | 51,479.81 | 1.06 |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -4,965.36 | 552,952.07 | -0.90 |
| LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -1,990.84 | 31,125.13 | -6.40 |
| IVV | iShares Core S&P 500 ETF | -1,715.96 | 517,057.38 | -0.33 |
| XLF | Financial Select Sector SPDR Fund | -1,578.97 | 42,680.18 | -3.70 |
| XLY | Consumer Discretionary Select Sector SPDR Fund | -566.55 | 18,371.17 | -3.08 |
| ITA | iShares U.S. Aerospace & Defense ETF | -548.20 | 5,976.41 | -9.17 |
| IJR | iShares Core S&P Small-Cap ETF | -510.60 | 82,148.44 | -0.62 |
| IBTE | iShares iBonds Dec 2024 Term Treasury ETF | -496.60 | 2,061.29 | -24.09 |
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | -488.27 | 6,446.36 | -7.57 |
| XLK | Technology Select Sector SPDR Fund | -453.17 | 68,194.63 | -0.66 |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 182.52 | 8,500.29 | 2.15% |
| Asset Allocation | 45.02 | 19,968.59 | 0.23% |
| Commodities | 809.07 | 153,610.63 | 0.53% |
| Currency | -28.51 | 60,917.46 | -0.05% |
| International Equity | 1,374.99 | 1,544,134.43 | 0.09% |
| International Fixed Income | 1,759.20 | 219,320.15 | 0.80% |
| Inverse | 114.41 | 12,744.81 | 0.90% |
| Leveraged | 2,212.77 | 105,773.40 | 2.09% |
| U.S. Equity | -3,787.98 | 6,005,624.80 | -0.06% |
| U.S. Fixed Income | 5,891.73 | 1,550,565.40 | 0.38% |
| Total: | 8,573.24 | 9,681,159.96 | 0.09% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 1,463.53 | 8,253.34 | 17.73% |
| Asset Allocation | 1,401.35 | 19,723.28 | 7.11% |
| Commodities | -1,860.31 | 152,644.94 | -1.22% |
| Currency | 17,381.02 | 63,162.43 | 27.52% |
| International Equity | 55,278.59 | 1,562,321.08 | 3.54% |
| International Fixed Income | 40,351.54 | 214,280.10 | 18.83% |
| Inverse | 1,753.03 | 13,021.28 | 13.46% |
| Leveraged | 3,569.75 | 104,538.15 | 3.41% |
| U.S. Equity | 336,005.27 | 6,042,328.63 | 5.56% |
| U.S. Fixed Income | 150,470.01 | 1,523,884.26 | 9.87% |
| Total: | 605,813.79 | 9,704,157.48 | 6.24% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| BMAY | Innovator U.S. Equity Buffer ETF - May | 19,862 | 405,861.00 | 2,043.41%% |
| UMAY | Innovator U.S. Equity Ultra Buffer ETF - May | 26,808 | 520,255.00 | 1,940.69%% |
| PMAY | Innovator U.S. Equity Power Buffer ETF - May | 60,512 | 744,624.00 | 1,230.53%% |
| ECON | Columbia Research Enhanced Emerging Economies ETF | 11,131 | 125,638.00 | 1,128.74%% |
| BSEP | Innovator U.S. Equity Buffer ETF - September | 48,179 | 413,554.00 | 858.37%% |
| ESG | FlexShares STOXX U.S. ESG Select Index Fund | 5,346 | 43,923.00 | 821.68%% |
| DGRE | WisdomTree Emerging Markets Quality Dividend Growth Fund | 13,559 | 108,515.00 | 800.32%% |
| TOTR | T. Rowe Price Total Return ETF | 7,155 | 54,236.00 | 758.03%% |
| IJAN | Innovator International Developed Power Buffer ETF - January | 22,438 | 155,164.00 | 691.53%% |
| GLRY | Inspire Momentum ETF | 13,134 | 90,194.00 | 686.73%% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| PSIL | AdvisorShares Psychedelics ETF | 912.30% | 59,357 | 4.60 |
| SILJ | Amplify Junior Silver Miners ETF | 17.02% | 10,327,213 | 981.23 |
| SIL | Global X Silver Miners ETF | 15.83% | 2,462,759 | 1,128.01 |
| SLVP | iShares MSCI Global Silver and Metals Miners ETF | 15.58% | 624,334 | 237.37 |
| AGMI | Themes Silver Miners ETF | 14.87% | 1,731 | 0.53 |
| GDXJ | VanEck Junior Gold Miners ETF | 13.71% | 27,382,139 | 5,380.07 |
| GOEX | Global X Gold Explorers ETF | 13.37% | 22,486 | 42.03 |
| PALL | abrdn Physical Palladium Shares ETF | 12.51% | 535,603 | 299.66 |
| AUMI | Themes Gold Miners ETF | 12.26% | 12,016 | 2.16 |
| URNJ | Sprott Junior Uranium Miners ETF | 11.96% | 1,057,097 | 256.87 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| NVDY | YieldMax NVDA Option Income Strategy ETF | 86.75% | 6.47% | 946.97 |
| GBTC | Grayscale Bitcoin Trust ETF | 50.72% | 4.57% | 12,966.99 |
| GDMN | WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 42.55% | 10.74% | 10.14 |
| SPMO | Invesco S&P 500 Momentum ETF | 35.91% | 4.67% | 2,301.67 |
| MAGS | Roundhill Magnificent Seven ETF | 34.98% | 5.70% | 708.86 |
| RING | iShares MSCI Global Gold Miners ETF | 34.28% | 9.11% | 551.58 |
| SMH | VanEck Semiconductor ETF | 33.76% | 7.75% | 22,081.85 |
| AUMI | Themes Gold Miners ETF | 33.26% | 12.26% | 2.16 |
| ARGT | Global X MSCI Argentina ETF | 32.80% | 4.20% | 371.18 |
| ARKC | ARK 21Shares Active On-Chain Bitcoin Strategy ETF | 31.85% | 3.43% | 2.16 |
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.
