Int'l Equity & Biotech ETFs Fuel Weekly Inflows
U.S.-listed ETFs took in $3.6 billion in new money in the latest week.
ETFs had another week of modest-but-positive inflows, according to FactSet. During the week ending Thursday, June 29, $3.6 billion came into U.S.-listed exchange-traded products, bringing the year-to-date haul to $249 billlion.
As has been a theme in recent weeks, international equity ETFs were favored over U.S. equity ETFs. The latter had outflows of $3.7 billion, while the former had inflows of $4.3 billion.
U.S. fixed-income ETFs were also popular, with inflows of $2 billion, even as the U.S. 10-year Treasury yield jumped from 2.14% to 2.3% week-over-week.
International fixed-income and commodity ETFs also saw inflows this week, to the tune of $550 million and $264 million, respectively.
IBB Takes In Over $600 Million
In terms of individual names, the top 10 creations list featured seven U.S. ETFs and three international ETFs.
At the top of the heap were the Vanguard FTSE Developed Markets ETF (VEA) and the iShares Core MSCAI EAFE ETF (IEFA), with inflows of $1.1 billion and $828 million, respectively.
Other notable winners included the iShares Core U.S. Aggregate Bond ETF (AGG), with inflows of $615 million, and the iShares Nasdaq Biotechnology ETF (IBB), with inflows of $608 million.
On the outflows side, losers included the Utilities Select Sector SPDR Fund (XLU), with redemptions of $704 million; the iShares Intermediate Government/Credit Bond ETF (GVI), with redemptions of $599 million; and the iShares MBS ETF (MBB), with redemptions of $364 million.
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| VEA | Vanguard FTSE Developed Markets ETF | 1,057.95 | 56,060.02 | 1.92% |
| IEFA | iShares Core MSCI EAFE ETF | 828.32 | 28,166.87 | 3.03% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 614.55 | 46,909.87 | 1.33% |
| IBB | iShares NASDAQ Biotechnology ETF | 608.37 | 9,875.00 | 6.57% |
| VOO | Vanguard S&P 500 ETF | 565.56 | 70,575.17 | 0.81% |
| VWO | Vanguard FTSE Emerging Markets ETF | 548.15 | 55,770.19 | 0.99% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | 416.79 | 16,679.12 | 2.56% |
| XLK | Technology Select Sector SPDR Fund | 403.25 | 16,722.96 | 2.47% |
| XLV | Health Care Select Sector SPDR Fund | 380.23 | 17,702.91 | 2.19% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 356.53 | 19,356.37 | 1.88% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -3,047.83 | 238,357.47 | -1.26% |
| IWM | iShares Russell 2000 ETF | -1,024.92 | 38,439.84 | -2.60% |
| IWF | iShares Russell 1000 Growth ETF | -849.66 | 35,801.20 | -2.32% |
| XLU | Utilities Select Sector SPDR Fund | -704.23 | 7,214.52 | -8.89% |
| GVI | iShares Intermediate Government/Credit Bond ETF | -598.99 | 1,874.63 | -24.22% |
| VTV | Vanguard Value ETF | -390.21 | 31,356.36 | -1.23% |
| QQQ | PowerShares QQQ Trust | -381.12 | 51,008.56 | -0.74% |
| MBB | iShares MBS ETF | -364.00 | 10,235.80 | -3.43% |
| XLY | Consumer Discretionary Select Sector SPDR Fund | -317.85 | 12,419.93 | -2.50% |
| XLF | Financial Select Sector SPDR Fund | -317.55 | 24,020.91 | -1.30% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -3,663.62 | 1,674,653.45 | -0.22% |
| International Equity | 4,255.19 | 670,766.92 | 0.63% |
| U.S. Fixed Income | 1,991.52 | 476,408.47 | 0.42% |
| International Fixed Income | 550.04 | 52,643.82 | 1.04% |
| Commodities | 264.30 | 63,681.00 | 0.42% |
| Currency | 3.02 | 1,455.91 | 0.21% |
| Leveraged | -191.47 | 28,379.28 | -0.67% |
| Inverse | 329.36 | 16,606.38 | 1.98% |
| Asset Allocation | -5.68 | 7,227.22 | -0.08% |
| Alternatives | 52.29 | 3,878.99 | 1.35% |
| Total: | 3,584.93 | 2,995,701.43 | 0.12% |
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.
