Investors Pour $21B Into US Equity ETFs

Correction fears seem to have given way to big buying in the ETF market.

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Reviewed by: Cinthia Murphy
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Edited by: Cinthia Murphy

Investors poured more than $21 billion into U.S. equity ETFs in the past week, roughly three weeks since the U.S. stock market forged some sort of a bottom following a steep correction in August.

The appetite for equitY exposure ranged from small- to mid- to large-cap stocks, with the SPDR S&P 500 (SPY | A-99) leading net creations in the past five days ended Thursday, Sept. 17. The S&P 500 rose about 2 percent in the same period, gains that came in anticipation and in reaction to the Federal Reserve's decision this week to keep interest rates unchanged for now.

International equity and U.S. fixed-income ETFs were also relatively popular this week. Those asset classes attracted $1.4 billion and $1.8 billion in fresh net assets, respectively, helping push total U.S.-listed ETF assets to $2.035 trillion.

The healthy inflows are a major departure from a muted month of August, when ETF creations slowed to a trickle, totalling only $2.7 billion in the entire month.


Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 50012,365.22176,566.447.53%
XBISPDR S&P Biotech1,760.072,673.03192.79%
IWMiShares Russell 2000837.1227,439.863.15%
VBVanguard Small-Cap797.3112,134.057.03%
VOVanguard Mid-Cap755.2213,232.016.05%
QQQPowerShares QQQ712.2938,316.771.89%
XRTSPDR S&P Retail521.001,097.9390.30%
XLEEnergy Select SPDR496.6311,745.344.42%
IWFiShares Russell 1000 Growth448.9629,484.821.55%
EZUiShares MSCI EMU429.6410,640.234.21%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
MTKSPDR Morgan Stanley Technology-1,671.76423.95-79.77%
XLPConsumer Staples Select SPDR-326.317,280.63-4.29%
IVViShares Core S&P 500-288.3666,086.06-0.43%
GMFSPDR S&P Emerging Asia Pacific-132.60443.12-23.03%
RYHGuggenheim S&P Equal Weight Health Care-123.49686.90-15.24%
DIASPDR Dow Jones Industrial Average Trust-117.6810,893.21-1.07%
USOUnited States Oil-100.912,696.44-3.61%
XLUUtilities Select SPDR-92.136,095.01-1.49%
HDViShares Core High Dividend-66.264,026.19-1.62%
ASHRDeutsche X-trackers Harvest CSI 300 China A-Shares ETF-64.89394.34-14.13%

ETF Weekly Flows By Asset Class

Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity21,179.661,119,138.441.89%
International Equity1,408.49467,959.670.30%
U.S. Fixed Income1,877.46318,759.310.59%
International Fixed Income295.2326,266.731.12%
Commodities-185.3649,870.47-0.37%
Currency10.701,315.540.81%
Leveraged-134.1923,004.97-0.58%
Inverse511.5921,050.182.43%
Asset Allocation16.365,431.970.30%
Alternatives-7.223,134.77-0.23%
Total:24,972.722,035,932.041.23%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
SMINiShares MSCI India Small-Cap21,97075,903345.49%
IQDYFlexShares International Quality Dividend Dynamic58,709172,249293.39%
IVOOVanguard S&P Mid-Cap 40025,29963,274250.11%
RYHGuggenheim S&P Equal Weight Health Care100,207243,673243.17%
CRBNiShares MSCI ACWI Low Carbon Target6,06814,528239.42%
FNDBSchwab Fundamental U.S. Broad Market64,237151,769236.27%
PWZPowerShares California AMT-Free Municipal Bond21,08349,781236.12%
DWMWisdomTree International Equity98,403228,089231.79%
FXCCurrencyShares Canadian Dollar Trust67,687149,219220.46%
XSWSPDR S&P Software & Services6,54214,215217.29%

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
SILJPureFunds ISE Junior Silver (Small Cap Miners/Explorers)11.65%20,1043.61
GDXJMarket Vectors Junior Gold Miners11.60%49,963,3681,310.29
SGDJSprott Junior Gold Miners10.85%26,63624.94
SILGlobal X Silver Miners10.43%1,059,239142.54
FTHIFirst Trust High Income9.74%4,9696.94
GDXMarket Vectors Gold Miners8.77%287,858,8404,697.34
RINGiShares MSCI Global Gold Miners8.70%396,58546.68
EWMiShares MSCI Malaysia8.46%8,998,247245.29
SGDMSprott Gold Miners8.44%255,402115.13
BRXXEGShares Brazil Infrastructure8.39%28,6029.54

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
VXUPAccuShares Spot CBOE VIX Up Shares-67.74%310,6581.08
XBISPDR S&P Biotech-65.12%14,353,5402,673.03
XSDSPDR S&P Semiconductor-49.98%563,243120.55
XARSPDR Aerospace & Defense-49.75%35,070115.00
MTKSPDR Morgan Stanley Technology-49.12%59,887423.95
XRTSPDR S&P Retail-49.11%15,535,7041,097.93
XSWSPDR S&P Software & Services-48.93%71,07554.19
XTNSPDR S&P Transportation-48.80%193,653282.96
XHESPDR S&P Health Care Equipment-48.80%10,83852.79
XHSSPDR S&P Health Care Services-48.44%93,563207.93

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
BBPBioShares Biotechnology Products0.290.2125.27
MOMQuantShares U.S. Market Neutral Momentum0.265.691.34
BBCBioShares Biotechnology Clinical Trials0.265.0631.58
PSCHPowerShares S&P SmallCap Health Care0.242.85284.28
EIRLiShares MSCI Ireland Capped0.223.04167.08
DXJHWisdomTree Japan Hedged Health Care0.21-1.6714.12
IBBiShares Nasdaq Biotechnology0.202.199,136.26
EDENiShares MSCI Denmark Capped0.190.6965.93
FBTFirst Trust NYSE Arca Biotechnology0.182.923,635.49
PTHPowerShares DWA Healthcare Momentum0.172.97267.79

Bottom 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
XBISPDR S&P Biotech-0.572.922,673.03
XTNSPDR S&P Transportation-0.562.17282.96
XSDSPDR S&P Semiconductor-0.51-0.31120.55
XARSPDR Aerospace & Defense-0.510.26115.00
XRTSPDR S&P Retail-0.511.901,097.93
MTKSPDR Morgan Stanley Technology-0.501.71423.95
XSWSPDR S&P Software & Services-0.482.3354.19
CVOLC-Tracks Citi Volatility ETN-0.47-33.264.15
GAZiPath Bloomberg Natural Gas Subindex Total Return ETN-0.46-1.8310.66
XPHSPDR S&P Pharmaceuticals-0.452.791,028.79

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.

Cinthia Murphy is head of digital experience, advocating for the user in all that etf.com does. She previously served as managing editor and writer for etf.com, specializing in ETF content and multimedia. Cinthia’s experience includes time at Dow Jones and former BridgeNews, covering commodity futures markets in Chicago and Brazil equities in Sao Paulo. She has a bachelor’s degree in journalism from the University of Missouri-Columbia.