Junk Bonds & Energy Stocks Lead Weekly Flows

'HYG' and 'XLE' took the Nos.1 and 2 spots on the weekly flows list.

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

U.S.-listed ETFs saw another net inflow this week on the whole, but investors sold equity ETFs despite a strong week for stocks in terms of performance. Instead, it was fixed-income ETFs that continued to steadily gain assets from investors.

On net, $850 million flowed into ETFs of all kinds in the week ending Thursday, Feb. 18. U.S. fixed-income ETFs had an inflow of $3.2 billion, while U.S. equity ETFs had an outflow of $800 million, and international equity ETFs had an outflow of $2.1 billion.

That said, while fixed income was this week's flows leader, it wasn't just safe-haven Treasurys that took in money. In fact, the beaten-down iShares iBoxx $ High Yield Corporate Bond ETF (HYG | B-68) took the No. 1 spot, with a $837 million inflow. With junk bond yields near double-digit levels, some investors saw value in the space.

Another beaten-down ETF that saw bargain buying was the Energy Select SPDR (XLE | B-68), with inflows of $503 million, while the iShares Gold Trust (IAU | B-100) gained $259 million on safe-haven buying.

On the other side of the ledger was the SPDR S&P 500 ETF (SPY | A-98), which had outflows of $1.3 billion, leading all ETFs. Another notable loser was the WisdomTree Japan Hedged Equity ETF (DXJ | B-66), with a $372 million outflow. Japanese stocks have struggled all year amid a faltering economy and a stronger currency.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
HYGiShares iBoxx $ High Yield Corporate Bond836.8413,767.056.47%
XLEEnergy Select SPDR503.0511,844.984.44%
TLTiShares 20+ Year Treasury Bond444.869,703.584.80%
IEIiShares 3-7 Year Treasury Bond326.876,780.625.06%
XLYConsumer Discretionary Select SPDR325.4110,008.313.36%
LQDiShares iBoxx $ Investment Grade Corporate Bond316.2423,954.021.34%
USMViShares MSCI USA Minimum Volatility283.038,731.013.35%
IEFiShares 7-10 Year Treasury Bond275.3310,265.342.76%
IAUiShares Gold Trust259.157,062.313.81%
TIPiShares TIPS Bond256.5214,882.991.75%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500-1,251.04173,639.50-0.72%
IWMiShares Russell 2000-814.3521,963.02-3.58%
EZUiShares MSCI Eurozone-498.2813,052.40-3.68%
VDEVanguard Energy-388.803,278.62-10.60%
DXJWisdomTree Japan Hedged Equity-371.5910,898.50-3.30%
QQQPowerShares QQQ-367.4235,534.87-1.02%
DIASPDR Dow Jones Industrial Average Trust-255.7511,901.81-2.10%
HEDJWisdomTree Europe Hedged Equity-249.8114,487.91-1.70%
FEZSPDR Euro STOXX 50-235.503,285.33-6.69%
ACWXiShares MSCI ACWI ex U.S.-213.161,905.59-10.06%

ETF Weekly Flows By Asset Class

Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-803.33866,330.68-0.09%
International Equity-2,126.05344,906.75-0.62%
U.S. Fixed Income3,201.66277,856.031.15%
International Fixed Income120.7722,054.620.55%
Commodities447.5543,077.821.04%
Currency-42.421,099.45-3.86%
Leveraged-424.2916,907.07-2.51%
Inverse486.6715,112.493.22%
Asset Allocation-22.084,108.88-0.54%
Alternatives11.572,342.260.49%
Total:850.051,593,796.050.05%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
IBDNiShares iBonds Dec 2022 Corporate55,437356,284642.68%
RIGSRiverFront Strategic Income200,327750,749374.76%
JPGEJPMorgan Diversified Return Global Equity4,31013,690317.61%
BSCMGuggenheim BulletShares 2022 Corporate Bond174,226494,323283.73%
DBEMDeutsche X-trackers MSCI Emerging Markets Hedged Equity ETF106,638276,469259.26%
DGPDB Gold Double Long ETN93,752259,413276.70%
BSCOGuggenheim BulletShares 2024 Corporate Bond46,128181,826394.18%
BBRCEGShares Beyond BRICs68,493130,672190.78%
PTNQPacer Trendpilot 10029,31948,584165.71%
IGFiShares Global Infrastructure265,177446,400168.34%

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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