Investors Push Money Into ETFs Despite Market Volatility
On net, $16.1 billion flowed into U.S.-listed ETFs during the week ending Friday, August 2.
A stock market sell-off didn’t stop investors from putting money to work in ETFs. On net, $16.1 billion flowed into U.S.-listed ETFs during the week ending Friday, Aug. 2.
That included $9 billion of inflows for U.S. equity ETFs and $6.9 billion of inflows for U.S. fixed income ETFs.
Year-to-date inflows stood at $532 billion at the end of the week, leaving them on track for a record year.
The S&P 500 dropped nearly 100 points, or 2% last week, as investors worried about an economic slowdown. Bonds headed the other way, with the 10-year Treasury yield dropping below 4% for the first time since February.
The strong showing for bonds was reflected in the flows figures: investors added $1.7 billion to the iShares 20+ Year Treasury Bond ETF (TLT).
Meanwhile, the stock market sell-off didn’t deter long-term investors from adding to their equity positions. The iShares Core S&P 500 ETF (IVV) and the Vanguard 500 Index Fund (VOO) picked up $6.6 billion and $2.7 billion of fresh cash, respectively.
On the other hand, ETFs popular with shorter-term traders registered outflows. The Invesco QQQ Trust (QQQ) and the SPDR S&P 500 ETF Trust (SPY) had weekly outflows of $5 billion and $4.6 billion, respectively.
For a full list of the top inflows and outflows from last week, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
| IVV | iShares Core S&P 500 ETF | 6,586.47 | 499,906.74 | 1.32 |
| VOO | Vanguard 500 Index Fund | 2,665.19 | 483,559.18 | 0.55 |
| TLT | iShares 20+ Year Treasury Bond ETF | 1,660.14 | 58,253.98 | 2.85 |
| AGG | iShares Core U.S. Aggregate Bond ETF | 1,096.23 | 114,383.95 | 0.96 |
| SOXL | Direxion Daily Semiconductor Bull 3X Shares | 869.62 | 9,535.75 | 9.12 |
| RSP | Invesco S&P 500 Equal Weight ETF | 789.06 | 59,827.91 | 1.32 |
| IJR | iShares Core S&P Small-Cap ETF | 759.15 | 84,971.29 | 0.89 |
| EMXC | iShares MSCI Emerging Markets ex China ETF | 703.49 | 14,984.11 | 4.69 |
| EFA | iShares MSCI EAFE ETF | 665.57 | 54,371.48 | 1.22 |
| VCLT | Vanguard Long-Term Corporate Bond ETF | 635.31 | 11,587.64 | 5.48 |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| QQQ | Invesco QQQ Trust | -5,063.69 | 276,569.95 | -1.83 |
| SPY | SPDR S&P 500 ETF Trust | -4,629.47 | 552,653.16 | -0.84 |
| VWO | Vanguard FTSE Emerging Markets ETF | -1,147.34 | 77,180.02 | -1.49 |
| ETHE | Grayscale Ethereum Trust | -897.80 | 6,273.82 | -14.31 |
| MCHI | iShares MSCI China ETF | -535.79 | 4,440.11 | -12.07 |
| LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -531.39 | 33,265.96 | -1.60 |
| ACWI | iShares MSCI ACWI ETF | -473.29 | 17,911.53 | -2.64 |
| BKLN | Invesco Senior Loan ETF | -463.17 | 8,191.72 | -5.65 |
| XLY | Consumer Discretionary Select Sector SPDR Fund | -423.22 | 18,779.38 | -2.25 |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | -382.25 | 32,839.93 | -1.16 |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | -135.25 | 8,148.42 | -1.66% |
| Asset Allocation | 86.15 | 18,984.22 | 0.45% |
| Commodities | -19.69 | 148,481.26 | -0.01% |
| Currency | -294.58 | 68,526.57 | -0.43% |
| International Equity | -1,406.95 | 1,504,040.70 | -0.09% |
| International Fixed Income | 1,097.74 | 207,750.86 | 0.53% |
| Inverse | -157.39 | 12,716.38 | -1.24% |
| Leveraged | 1,069.77 | 99,247.74 | 1.08% |
| U.S. Equity | 8,981.37 | 5,860,217.48 | 0.15% |
| U.S. Fixed Income | 6,880.00 | 1,484,040.74 | 0.46% |
| Total: | 16,101.16 | 9,412,154.37 | 0.17% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 1,397.41 | 8,177.03 | 17.09% |
| Asset Allocation | 1,026.60 | 18,924.87 | 5.42% |
| Commodities | -2,282.16 | 145,222.89 | -1.57% |
| Currency | 17,582.17 | 71,502.03 | 24.59% |
| International Equity | 56,120.37 | 1,509,701.40 | 3.72% |
| International Fixed Income | 35,247.62 | 206,592.95 | 17.06% |
| Inverse | 258.06 | 12,874.18 | 2.00% |
| Leveraged | 1,992.76 | 100,038.72 | 1.99% |
| U.S. Equity | 298,340.45 | 5,867,258.92 | 5.08% |
| U.S. Fixed Income | 122,318.64 | 1,472,974.63 | 8.30% |
| Total: | 532,001.92 | 9,413,267.62 | 5.65% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| THLV | THOR Low Volatility ETF | 15,160 | 271,224.00 | 1,789.08%% |
| ILCB | iShares Morningstar U.S. Equity ETF | 41,495 | 517,572.00 | 1,247.31%% |
| ZALT | Innovator U.S. Equity 10 Buffer ETF - Quarterly | 93,022 | 1,084,400.00 | 1,165.74%% |
| JPMB | JPMorgan USD Emerging Markets Sovereign Bond ETF | 48,341 | 560,529.00 | 1,159.53%% |
| MODL | VictoryShares WestEnd U.S. Sector ETF | 56,541 | 578,810.00 | 1,023.70%% |
| TAIL | Cambria Tail Risk ETF | 47,395 | 465,071.00 | 981.27%% |
| BRNY | Burney US Factor Rotation ETF | 28,566 | 271,583.00 | 950.73%% |
| SFLO | VictoryShares Small Cap Free Cash Flow ETF | 37,197 | 342,130.00 | 919.78%% |
| RAYE | Rayliant Quantamental Emerging Market ex-China Equity ETF | 7,138 | 65,444.00 | 916.83%% |
| SVIX | VS Trust - -1x Short VIX Futures ETF | 1,460,509 | 13,103,195.00 | 897.17%% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| JEPY | Defiance S&P 500 Enhanced Options Income ETF | 184.60% | 631,882 | 110.16 |
| QQQY | Defiance Nasdaq 100 Enhanced Options Income ETF | 173.25% | 2,733,804 | 226.91 |
| IWMY | Defiance R2000 Enhanced Options Income ETF | 171.60% | 1,982,884 | 133.51 |
| VXX | iPath Series B S&P 500 VIX Short Term Futures ETN | 35.57% | 63,799,751 | 302.42 |
| VIXY | ProShares VIX Short-Term Futures ETF | 35.54% | 67,140,068 | 119.17 |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | 12.55% | 146,144 | 33.56 |
| VIXM | ProShares VIX Mid-Term Futures ETF | 12.54% | 1,009,429 | 35.34 |
| SETH | ProShares Short Ether Strategy ETF | 9.55% | 111,739 | 3.14 |
| ZROZ | PIMCO 25+ Year Zero Coupon US Treasury Index ETF | 8.26% | 3,333,146 | 1,522.61 |
| GOVZ | iShares 25+ Year Treasury STRIPS Bond ETF | 7.94% | 3,002,820 | 326.88 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| NVDY | YieldMax NVDA Option Income Strategy ETF | 80.60% | -3.31% | 914.90 |
| GBTC | Grayscale Bitcoin Trust ETF | 63.67% | -16.29% | 15,221.52 |
| DEFI | Hashdex Bitcoin ETF | 42.58% | 11.56 | |
| BITO | ProShares Bitcoin Strategy ETF | 42.46% | -13.09% | 1,842.31 |
| ARKA | ARK 21Shares Active Bitcoin Futures Strategy ETF | 42.06% | -7.19% | 14.69 |
| MAXI | Simplify Bitcoin Strategy PLUS Income ETF | 41.81% | -7.86% | 21.50 |
| BITC | Bitwise Bitcoin Strategy Optimum Roll ETF | 41.45% | 10.62 | |
| ARKC | ARK 21Shares Active On-Chain Bitcoin Strategy ETF | 41.06% | -5.75% | 2.31 |
| BETH | ProShares Bitcoin & Ether Market Cap Weight Strategy ETF | 38.87% | -10.24% | 8.64 |
| BTF | Valkyrie Bitcoin and Ether Strategy ETF | 37.30% | -8.21% | 46.02 |
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.
