Int’l ETFs Pace Modest Weekly Inflows

Investors added $1.5 billion to U.S.-listed ETFs this week.

sumit
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Senior ETF Analyst
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Reviewed by: Sumit Roy
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Edited by: Sumit Roy

A ho-hum week for stock markets equaled a ho-hum week for ETF flows. All told, about $1.5 billion flowed into U.S.-listed ETFs during the week ending Thursday, Feb. 7, according to the latest data from FactSet.

Notably, investors continued to pull money out of U.S. equity ETFs. That segment shed $2.2 billion in assets this week, after seeing $27.1 billion in outflows in January.

Making up for the outflows from U.S. equity ETFs were international equity and international fixed-income funds. They picked up $2.2 billion and $3.1 billion, respectively.

YTD Inflows Flat

Putting it all together, net inflows for all U.S.-listed ETFs for 2019 thus far are $53 million—essentially flat.

Pacing the good week for international ETFs were funds like the Vanguard FTSE Emerging Markets ETF (VWO), the Vanguard Total International Bond ETF (BNDX) and the iShares JP Morgan USD Emerging Markets Bond ETF (EMB).

On the other hand, investors shunned U.S. ETFs like the Invesco QQQ Trust (QQQ), the SPDR S&P Dividend ETF (SDY) and the iShares 1-3 Year Treasury Bond ETF (SHY).

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
VWOVanguard FTSE Emerging Markets ETF1,607.2562,014.752.59%
BNDXVanguard Total International Bond ETF1,557.2414,912.7710.44%
VNQVanguard Real Estate ETF1,175.7431,861.913.69%
EMBiShares JP Morgan USD Emerging Markets Bond ETF1,154.9617,474.546.61%
IYRiShares U.S. Real Estate ETF850.944,181.5320.35%
HYGiShares iBoxx USD High Yield Corporate Bond ETF821.2214,931.995.50%
EEMiShares MSCI Emerging Markets ETF767.1634,131.852.25%
TLTiShares 20+ Year Treasury Bond ETF613.2410,823.965.67%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF590.8932,087.671.84%
IEMGiShares Core MSCI Emerging Markets ETF491.7358,127.080.85%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
QQQInvesco QQQ Trust-1,609.7965,390.38-2.46%
SDYSPDR S&P Dividend ETF-1,184.4317,532.55-6.76%
SHYiShares 1-3 Year Treasury Bond ETF-928.2019,341.92-4.80%
GLDSPDR Gold Trust-871.3533,881.44-2.57%
IWMiShares Russell 2000 ETF-800.0242,571.42-1.88%
XLFFinancial Select Sector SPDR Fund-697.3823,697.20-2.94%
MTUMiShares Edge MSCI U.S.A. Momentum Factor ETF-581.798,225.81-7.07%
IWDiShares Russell 1000 Value ETF-563.9037,568.09-1.50%
EFAiShares MSCI EAFE ETF-526.6565,075.46-0.81%
BSVVanguard Short-Term Bond ETF-472.8823,663.50-2.00%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-2,247.752,048,215.33-0.11%
International Equity2,168.65816,090.260.27%
U.S. Fixed Income-369.97597,295.24-0.06%
International Fixed Income3,075.6772,422.794.25%
Commodities -758.2466,280.40-1.14%
Currency-7.701,770.20-0.43%
Leveraged243.1735,722.630.68%
Inverse-300.5711,569.32-2.60%
Asset Allocation-128.579,193.59-1.40%
Alternatives-128.654,304.81-2.99%
Total:1,546.043,662,864.560.04%

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-27,120.012,048,215.33-1.32%
International Equity6,978.13816,090.260.86%
U.S. Fixed Income13,359.25597,295.242.24%
International Fixed Income5,364.4872,422.797.41%
Commodities 1,187.7866,280.401.79%
Currency-35.441,770.20-2.00%
Leveraged-901.1235,722.63-2.52%
Inverse1,745.4011,569.3215.09%
Asset Allocation-656.979,193.59-7.15%
Alternatives131.994,304.813.07%
Total:53.493,662,864.560.00%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
JKHiShares Morningstar Mid-Cap Growth ETF15,24064,905425.88%
GSEWGoldman Sachs Equal Weight U.S. Large Cap Equity ETF 76,334244,795320.69%
FANFirst Trust Global Wind Energy ETF28,65678,655274.48%
XTiShares Exponential Technologies ETF192,214502,712261.54%
UCIETRACS UBS Bloomberg Constant Maturity Commodity Index TR ETN24,31254,661224.83%
JPGBJPMorgan Global Bond Opportunities ETF15,40330,789199.89%
RVNUXtrackers Municipal Infrastructure Revenue Bond ETF6,94312,826184.73%
ENFRAlerian Energy Infrastructure ETF28,85150,921176.50%
IBDSiShares iBonds Dec 2027 Term Corporate ETF44,01976,504173.80%
ULVMUSAA MSCI USA Value Momentum Blend Index ETF12,65318,967149.90%

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.

Sumit Roy is the senior ETF analyst for etf.com, where he has worked for 13 years. He creates a variety of content for the platform, including news articles, analysis pieces, videos and podcasts.

Before joining etf.com, Sumit was the managing editor and commodities analyst for Hard Assets Investor. In those roles, he was responsible for most of the operations of HAI, a website dedicated to education about commodities investing.

Though he still closely follows the commodities beat, Sumit covers a much broader assortment of topics for etf.com, with a particular focus on stock and bond exchange-traded funds.

He is the host of etf.com’s Talk ETFs, a popular video series that features weekly interviews with thought leaders in the ETF industry. Sumit is also co-host of Exchange Traded Fridays, etf.com’s weekly podcast series.

He lives in the San Francisco Bay Area, where he enjoys climbing the city’s steep hills, playing chess and snowboarding in Lake Tahoe.