Investors Race To Safety Of Bond ETFs

U.S. fixed income ETFs attracted nearly $3 billion this week.  

ETF.com
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Reviewed by: etf.com Staff
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Edited by: etf.com Staff

In a week marked by escalating concerns about a global epidemic of coronavirus—and its impact on markets—investors poured nearly $3 billion into U.S.-listed fixed income ETFs.

In the past week ended Thursday, Jan. 30, ETF investors were opting for some of the biggest and broadest investment-grade strategies. Among them, the Vanguard Total Bond Market ETF (BND) and the iShares Core U.S. Aggregate Bond ETF (AGG) took in a combined $1.2 billion in fresh net assets.

The flip side of that was sizable outflows seen from riskier, junk bonds—the iShares iBoxx USD High Yield Corporate Bond ETF (HYG), for example, led the week’s redemptions with net outflows of some $1.6 billion in assets.

In aggregate, the U.S. ETF market attracted a net of $5.6 billion in net new assets, finishing the month with about $4.5 trillion in total assets under management.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IEFAiShares Core MSCI EAFE ETF2,048.0575,175.002.72%
IVViShares Core S&P 500 ETF1,186.64206,335.020.58%
SDYSPDR S&P Dividend ETF1,054.5620,509.185.14%
VOOVanguard S&P 500 ETF826.68134,437.180.61%
SPYSPDR S&P 500 ETF Trust795.19311,828.150.26%
BNDVanguard Total Bond Market ETF740.0251,251.751.44%
SPHDInvesco S&P 500 High Dividend Low Volatility ETF634.594,349.9714.59%
LMBSFirst Trust Low Duration Opportunities ETF610.024,699.6512.98%
IEFiShares 7-10 Year Treasury Bond ETF596.6118,756.193.18%
AGGiShares Core U.S. Aggregate Bond ETF524.5272,415.280.72%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
HYGiShares iBoxx USD High Yield Corporate Bond ETF-1,613.7417,880.93-9.02%
XLFFinancial Select Sector SPDR Fund-895.9724,738.05-3.62%
EEMiShares MSCI Emerging Markets ETF-817.1029,639.89-2.76%
IWMiShares Russell 2000 ETF-782.2944,944.09-1.74%
SPSMSPDR Portfolio S&P 600 Small Cap ETF-769.781,627.35-47.30%
XLPConsumer Staples Select Sector SPDR Fund-744.0813,108.90-5.68%
QQQInvesco QQQ Trust-675.4389,601.27-0.75%
XLKTechnology Select Sector SPDR Fund-604.0227,709.31-2.18%
SHYiShares 1-3 Year Treasury Bond ETF-534.4617,052.54-3.13%
XLIIndustrial Select Sector SPDR Fund-527.2112,181.54-4.33%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity326.052,574,883.710.01%
International Equity1,105.98896,900.740.12%
U.S. Fixed Income2,936.78782,760.590.38%
International Fixed Income73.2893,671.270.08%
Commodities ETFs620.1385,160.100.73%
Currency-16.791,396.58-1.20%
Leveraged306.3841,080.030.75%
Inverse234.6411,859.201.98%
Asset Allocation-12.4210,923.84-0.11%
Alternatives52.334,906.271.07%
Total:5,626.354,503,542.330.12%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity15,740.502,574,883.710.61%
International Equity11,365.65896,900.741.27%
U.S. Fixed Income15,125.25782,760.591.93%
International Fixed Income2,392.2893,671.272.55%
Commodities ETFs2,008.6185,160.102.36%
Currency39.301,396.582.81%
Leveraged735.6241,080.031.79%
Inverse373.9911,859.203.15%
Asset Allocation208.3110,923.841.91%
Alternatives346.274,906.277.06%
Total:48,335.784,503,542.331.07%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
OPERClearShares Ultra-Short Maturity ETF6,07826,860441.90%
YGRNMicroSectors U.S. Big Oil Index Inverse ETN37183493.92%
FNKFirst Trust Mid Cap Value AlphaDEX Fund6,11023,941391.84%
MLPBETRACS Alerian MLP Infrastructure Index ETN Series B10,89247,899439.76%
USHYiShares Broad USD High Yield Corporate Bond ETF995,7663,123,387313.67%
DFJWisdomTree Japan SmallCap Dividend Fund64,149139,857218.02%
GSSTGoldman Sachs Access Ultra Short Bond ETF16,39528,818175.77%
YLDPrincipal Active Income ETF8,37220,707247.34%
FTXOFirst Trust Nasdaq Bank ETF48,15797,095201.62%
VRIGInvesco Variable Rate Investment Grade ETF109,798227,321207.04%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
VXXiPath Series B S&P 500 VIX Short Term Futures ETN4.28%271,257,065995.69
VIXYProShares VIX Short-Term Futures ETF4.18%23,782,378301.63
VIIXVelocityShares Daily Long VIX Short-Term ETN4.08%232,12720.49
ZROZPIMCO 25+ Year Zero Coupon US Treasury Index ETF2.48%259,595318.47
EDVVanguard Extended Duration Treasury ETF2.20%919,7961,237.71
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN2.19%300,74923.25
VIXMProShares VIX Mid-Term Futures ETF1.88%609,31148.14
TLTiShares 20+ Year Treasury Bond ETF1.75%37,725,60019,205.86
SCHQSchwab Long-Term U.S. Treasury ETF1.74%38,74620.08
VGLTVanguard Long-Term Treasury Index ETF1.73%922,4201,713.49

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
PALLAberdeen Standard Physical Palladium Shares ETF19.09%-4.93%364.67
NIBiPath Bloomberg Cocoa Subindex Total Return ETN11.85%-0.25%22.32
ARKWARK Next Generation Internet ETF11.51%0.33%457.26
WCLDWisdomTree Cloud Computing Fund11.11%0.62%21.01
ZROZPIMCO 25+ Year Zero Coupon US Treasury Index ETF10.03%2.48%318.47
CLOUGlobal X Cloud Computing ETF9.70%-0.17%455.64
ITBiShares U.S. Home Construction ETF9.46%0.62%1,446.71
ACESALPS Clean Energy ETF9.33%0.29%138.81
EDVVanguard Extended Duration Treasury ETF9.19%2.20%1,237.71
FNGSMicroSectors FANG+ ETN8.91%0.15%35.66

 

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.

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