Investors Sent Billions More Into China ETFs Last Week

Inflows totaled more than $6.5 billion for the top China ETFs last week.

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sumit
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Senior ETF Analyst
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Reviewed by: etf.com Staff
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Edited by: James Rubin

Investors continued to pile into China-related exchange-traded funds last week even as the momentum in China’s stock market stalled.

Four of the ten ETFs with the largest inflows last week were China funds, helping to fuel almost $20 billion of weekly inflows for U.S.-listed ETFs as a whole.

Thanks to China ETFs, international equity ETFs topped U.S. equity ETFs in terms of inflows during the week ending Friday, Oct. 11, with the former pulling in $8.6 billion versus $4.7 billion for the latter.

The largest inflows went into the iShares Trust – China Large-Cap ETF (FXI)

Its $3.5 billion of inflows were ahead of the $2.5 billion that went into the Vanguard 500 Index Fund (VOO), 2024’s top fund for inflows.

The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) was another big weekly flows winner, with inflows of $1.5 billion.

The iShares MSCI China ETF (MCHI) and the Direxion Daily FTSE China Bull 3X Shares (YINN) were also popular; each pulled in just over $750 million of new money during the week.

China ETFs registered strong inflows last week despite a sell-off in Chinese stocks.

FXI reached its highest level since early 2022 last Monday, but then proceeded to drop more than 10% as traders took profits and the Chinese government failed to deliver on some of the most aggressive stimulus measures that some bulls had hoped for.

Still, the ETF is up a strong 37% since the start of the year and 29% just since Sept. 10.

The tripled-leveraged YINN is up even more: 86% since the start of the year and 92% since Sept. 10.

The question is: Are there more gains to come, or are recent investors in China ETFs getting in at the top?

For a full list of last week’s top ETF inflows and outflows, see the tables below:

Top 10 Creations (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change<
FXIiShares Trust - China Large-Cap ETF3,497.6310,803.4732.38
VOOVanguard 500 Index Fund2,518.99535,281.660.47
SCHXSchwab U.S. Large-Cap ETF2,327.7149,075.204.74
IVViShares Core S&P 500 ETF2,150.33540,404.710.40
ASHRXtrackers Harvest CSI 300 China A-Shares ETF1,504.783,466.9543.40
BNDVanguard Total Bond Market ETF798.30117,775.500.68
MCHIiShares MSCI China ETF761.856,574.0111.59
YINNDirexion Daily FTSE China Bull 3X Shares758.472,572.1729.49
VWOVanguard FTSE Emerging Markets ETF736.7185,317.170.86
GOVTiShares U.S. Treasury Bond ETF727.4428,019.762.60



 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-4,472.30583,518.58-0.77
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-2,353.6028,163.81-8.36
VTIVanguard Total Stock Market ETF-1,757.14440,430.10-0.40
HYGiShares iBoxx USD High Yield Corporate Bond ETF-1,436.9214,486.41-9.92
XLPConsumer Staples Select Sector SPDR Fund-548.5417,076.05-3.21
SHViShares Short Treasury Bond ETF-521.5018,783.02-2.78
XLEEnergy Select Sector SPDR Fund-509.3437,306.90-1.37
VCITVanguard Intermediate-Term Corporate Bond ETF-404.1350,489.66-0.80
VGLTVanguard Long-Term Treasury Index ETF-359.0613,815.11-2.60
FTCFirst Trust Large Cap Growth AlphaDEX Fund-356.401,101.63-32.35



 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
Alternatives47.298,680.020.54%
Asset Allocation151.9620,685.720.73%
Commodities371.14161,160.700.23%
Currency112.0963,295.630.18%
International Equity8,612.821,615,117.820.53%
International Fixed Income1,955.32226,301.810.86%
Inverse415.2913,378.433.10%
Leveraged770.11115,988.310.66%
U.S. Equity4,666.406,249,830.000.07%
U.S. Fixed Income2,440.001,540,414.640.16%
Total:19,542.4310,014,853.070.20%



 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
PSCPrincipal U.S. Small-Cap ETF29,976401,986.001,341.04%%
PSTPInnovator Power Buffer Step-Up Strategy ETF10,962142,480.001,299.75%%
FDIVMarketDesk Focused U.S. Dividend ETF11,717134,784.001,150.31%%
FNGGDirexion Daily NYSE FANG+ Bull 2X Shares19,002183,812.00967.31%%
QLTYGMO U.S. Quality ETF306,1122,834,482.00925.96%%
KJANInnovator U.S. Small Cap Power Buffer ETF - January38,813337,358.00869.18%%
SIHYHarbor Scientific Alpha High-Yield ETF7,12061,846.00868.68%%
XTWYBondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF12,10196,346.00796.22%%
PAAAPGIM AAA CLO ETF318,6822,369,637.00743.57%%
SBNDColumbia Short Duration Bond ETF5,40237,882.00701.20%%



 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
YBITYieldMax Bitcoin Option Income Strategy ETF9.18%1,568,08955.82
AIYYYieldMax AI Option Income Strategy ETF8.85%183,14135.37
MSTYYieldMax MSTR Option Income Strategy ETF8.45%5,045,560595.50
ARGTGlobal X MSCI Argentina ETF7.41%723,493426.32
WCBRWisdomTree Cybersecurity Fund7.32%93,726108.94
BUGGlobal X Cybersecurity ETF6.84%591,220787.72
LRNZTrueShares Technology, AI & Deep Learning ETF6.19%12,03435.69
DATProShares Big Data Refiners ETF6.18%9,9655.58
PALLabrdn Physical Palladium Shares ETF6.13%1,192,784361.14
SPAMThemes Cybersecurity ETF5.75%2,8201.77



 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
NVDYYieldMax NVDA Option Income Strategy ETF110.69%-0.59%1,214.36
GBTCGrayscale Bitcoin Trust ETF62.83%-0.44%13,119.59
GDMNWisdomTree Efficient Gold Plus Gold Miners Strategy Fund49.07%2.36%14.01
SMHVanEck Semiconductor ETF46.79%3.40%24,965.00
WUGIAXS Esoterica NextG Economy ETF46.13%0.61%33.59
SPMOInvesco S&P 500 Momentum ETF43.47%2.94%2,666.64
UTESVirtus Reaves Utilities ETF43.45%-2.01%220.46
DEFIHashdex Bitcoin ETF41.62% 8.83
BITOProShares Bitcoin Strategy ETF41.06%-0.35%1,776.88
ARKCARK 21Shares Active On-Chain Bitcoin Strategy ETF40.65%-0.42%1.71



 

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 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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