Investors Push Money Into ETFs Despite Market Volatility

Sumit Roy

Senior ETF Analyst

Aug 05, 2024

Reviewed by: etf.com Staff

Edited by: James Rubin

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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.

Sumit Roy

| Contact: [email protected]

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.

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