Investors Add To ETFs Despite Stock Pullback

Investors added $6.8 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

ETFs registered modest inflows this week despite rocky financial markets. On net, $6.8 billion entered U.S.-listed ETFs during the week ending Thursday, Sept. 10, according to the latest data from FactSet. That pushed year-to-date inflows up to $296 billion, ahead of the $173.5 billion seen at this same time a year ago.

This week's inflows were relatively evenly split between U.S. equity ETFs, international equity ETFs and U.S. fixed income ETFs.

The SPDR S&P 500 ETF Trust (SPY) was the top asset gatherer of the period, with inflows of $4.6 billion. The S&P 500 tumbled more than 7% off its all-time high this week as a sell-off in high-flying technology stocks weighed on the broader index.

Nevertheless, some traders used the pullback in tech stocks to buy. The ProShares UltraPro QQQ (TQQQ), which offers 3x leveraged exposure to the tech-heavy Nasdaq-100 index, picked up $829 million of new assets, bringing the geared fund's total assets under management to $8.5 billion.

The Nasdaq-100 was last trading nearly 12% below its all-time highs set just last week; steep sell-offs in names like Apple, Amazon and Nvidia have led the index's move lower. 

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

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust4,625.79301,506.271.53%
TQQQProShares UltraPro QQQ829.088,471.379.79%
SHViShares Short Treasury Bond ETF797.0320,589.923.87%
VXUSVanguard Total International Stock ETF638.4225,245.662.53%
BNDVanguard Total Bond Market ETF610.0161,561.530.99%
BNDXVanguard Total International Bond ETF593.7631,103.771.91%
VTIVanguard Total Stock Market ETF560.22161,903.670.35%
IEFiShares 7-10 Year Treasury Bond ETF475.4119,781.082.40%
XLPConsumer Staples Select Sector SPDR Fund320.5614,363.722.23%
IXUSiShares Core MSCI Total International Stock ETF311.8921,190.551.47%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
TLTiShares 20+ Year Treasury Bond ETF-802.2417,030.02-4.71%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-744.2830,372.16-2.45%
IWMiShares Russell 2000 ETF-624.6740,220.01-1.55%
XLUUtilities Select Sector SPDR Fund-494.4811,944.10-4.14%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-463.2856,363.33-0.82%
IWFiShares Russell 1000 Growth ETF-424.6558,560.91-0.73%
XLFFinancial Select Sector SPDR Fund-360.8118,063.74-2.00%
DIASPDR Dow Jones Industrial Average ETF Trust-360.0422,693.30-1.59%
XLEEnergy Select Sector SPDR Fund-304.159,194.93-3.31%
VUGVanguard Growth ETF-296.2860,506.04-0.49%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity1,836.472,657,452.530.07%
International Equity1,540.63866,172.220.18%
U.S. Fixed Income2,396.54917,409.050.26%
International Fixed Income717.23107,878.260.66%
Commodities341.59150,920.370.23%
Currency-37.261,917.62-1.94%
Leveraged556.4438,219.851.46%
Inverse-328.0414,377.63-2.28%
Asset Allocation12.3510,911.210.11%
Alternatives-209.975,108.04-4.11%
Total:6,825.984,770,366.780.14%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity76,978.692,657,452.532.90%
International Equity9,007.74866,172.221.04%
U.S. Fixed Income136,381.54917,409.0514.87%
International Fixed Income11,496.80107,878.2610.66%
Commodities44,843.91150,920.3729.71%
Currency589.641,917.6230.75%
Leveraged2,752.9338,219.857.20%
Inverse13,434.9214,377.6393.44%
Asset Allocation897.4810,911.218.23%
Alternatives-381.045,108.04-7.46%
Total:296,002.614,770,366.786.21%

 

Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
PGMiPath Series B Bloomberg Platinum Subindex Total Return ETN4.93%5,4814.19
GRUElements MLCX Grains Index-Total Return ETN4.50%4,2473.10
EPHEiShares MSCI Philippines ETF4.38%330,491119.04
RINGiShares MSCI Global Gold Miners ETF4.11%479,436575.87
SGDMSprott Gold Miners ETF4.03%134,085303.52
CNCRLoncar Cancer Immunotherapy ETF3.79%32,29138.85
GDXVanEck Vectors Gold Miners ETF3.62%84,204,97918,256.23
EZAiShares MSCI South Africa ETF3.41%1,900,315329.55
BBCVirtus LifeSci Biotech Clinical Trials ETF3.33%96,08536.82
TANInvesco Solar ETF3.32%3,409,8171,196.85

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
XVZiPath S&P 500 Dynamic VIX ETN103.08%-0.11%9.40
VIXMProShares VIX Mid-Term Futures ETF86.19%-3.58%96.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN85.96%-3.84%29.72
VXXiPath Series B S&P 500 VIX Short Term Futures ETN79.43%-7.23%988.67
VIXYProShares VIX Short-Term Futures ETF78.92%-7.76%301.11
ARKWARK Next Generation Internet ETF75.12%-1.93%2,234.50
ARKKARK Innovation ETF71.51%-0.54%7,867.59
ONLNProShares Online Retail ETF70.20%-0.21%299.00
ARKGARK Genomic Revolution ETF70.20%1.88%1,940.13
CLIXProShares Long Online/Short Stores ETF69.08%-0.05%237.64

 

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.