Investors Jump Into VOO as S&P 500 Extends Win Streak
- Investors added almost $13 billion to U.S.-listed ETFs last week.
- Year-to-date inflows now total $362 billion.
ETF investors added nearly $13 billion to U.S.-listed funds last week, a solid showing amid a volatile macro backdrop. Year-to-date inflows now total $362 billion.
The S&P 500 ended the week on a strong note, logging its ninth-straight day of gains, the longest winning streak in over 20 years. Despite persistent concerns about trade tensions, investor sentiment showed cautious optimism.
Flows suggest a willingness to reengage with risk, though not without hedging some bets.
The Vanguard S&P 500 ETF (VOO) led all funds with $3.9 billion in net inflows, according to etf.com’s Pulse tool powered by FactSet data.
The iShares Bitcoin Trust ETF (IBIT) followed with $2 billion, as crypto prices bounced back alongside equities.
International ETFs were also in demand: the iShares Core MSCI Total International Stock ETF (IXUS) and the iShares MSCI Intl Quality Factor ETF (IQLT) pulled in $1.4 billion and $1.1 billion, respectively.
At the same time, investors continued allocating to income-oriented strategies. The iShares Broad USD High Yield Corporate Bond ETF (USHY) brought in $949 million, while the iShares MBS ETF (MBB) and the SPDR Bloomberg High Yield Bond ETF (JNK) also saw strong inflows.
Short-duration bond ETFs remained a core allocation. The iShares 0-3 Month Treasury Bond ETF (SGOV) added $852 million, suggesting investors are still keeping cash-like assets close at hand.
Other notable flows winners included the Dimensional International Value ETF (DFIV), the Vanguard Mid-Cap ETF (VO) and the Invesco MSCI North America Climate ETF (KLMN), which brought in $612 million.
All told, the flows data reflect a market in wait-and-see mode, cautiously adding risk, but keeping one foot on the brake.
For a full list of the top inflows for last week, see the chart below:
