Monster $62B ETF Weekly Inflows
Year-to-date inflows now stand at $670 billion.
A near-record amount of money headed into U.S.-listed ETFs this week, led by flows into Vanguard products. On net, creations for U.S.-listed ETFs totaled $62.2 billion during the week ending Thursday, Sept. 16—a huge sum, but shy of the weekly record of $71 billion set in March.
Just like then, the latest weekly inflows look like they are at least partly related to tax-related heartbeat trades. But while some of this week’s inflows may reverse next week, much of it may stick.
Back in March, after the big $71 billion haul, only about $20 billion of that came back out in the subsequent week.
In any case, net year-to-date inflows for all U.S.-listed ETFs now stand at $669.8 billion—double the $332.5 billion seen at this same time a year ago. At the current pace, ETFs are on track for more than $900 billion of inflows in 2021.
Vanguard ETFs Lead
Of this week’s inflows, about $53 billion went into U.S. equity ETFs. That includes the aforementioned Vanguard ETFs—the Vanguard Total Stock Market ETF (VTI), the Vanguard Dividend Appreciation ETF (VIG), the Vanguard Extended Market ETF (VXF) and others. About half of this week’s inflows came from Vanguard products.
Also gathering assets was the SPDR S&P 500 ETF Trust (SPY), with weekly inflows of $10.6 billion. Those inflows made up for a more than a 2% slide in the S&P 500. SPY now has $410.3 billion in assets under management.
Meanwhile, on the outflows side of the ledger, the iShares Russell 2000 ETF (IWM) led all ETFs, with weekly redemptions of $1.9 billion, followed by the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), with redemptions of $1.1 billion.
Investment-grade corporate bond prices were roughly flat week-over-week, while the U.S. 10-year Treasury yield edged up to 1.37% following a better-than-expected reading on U.S. retail sales for August.
For a full list of this week’s top ETF inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S&P 500 ETF Trust | 10,581.03 | 410,309.53 | 2.58% |
VTI | Vanguard Total Stock Market ETF | 3,473.33 | 274,393.55 | 1.27% |
VIG | Vanguard Dividend Appreciation ETF | 3,025.11 | 65,985.61 | 4.58% |
VXF | Vanguard Extended Market ETF | 2,875.12 | 20,341.96 | 14.13% |
VO | Vanguard Mid-Cap ETF | 2,810.80 | 55,403.12 | 5.07% |
VUG | Vanguard Growth ETF | 2,590.65 | 88,765.25 | 2.92% |
VB | Vanguard Small-Cap ETF | 1,841.47 | 49,424.27 | 3.73% |
VOO | Vanguard S&P 500 ETF | 1,809.99 | 255,833.67 | 0.71% |
QQQ | Invesco QQQ Trust | 1,531.98 | 195,165.85 | 0.78% |
RSP | Invesco S&P 500 Equal Weight ETF | 1,371.75 | 30,851.34 | 4.45% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
IWM | iShares Russell 2000 ETF | -1,911.68 | 65,130.65 | -2.94% |
LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -1,125.29 | 41,869.96 | -2.69% |
IVE | iShares S&P 500 Value ETF | -355.79 | 22,396.95 | -1.59% |
TECL | Direxion Daily Technology Bull 3X Shares | -242.76 | 2,759.45 | -8.80% |
VNQ | Vanguard Real Estate ETF | -234.66 | 44,433.45 | -0.53% |
PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | -215.68 | 6,033.95 | -3.57% |
GOVT | iShares U.S. Treasury Bond ETF | -180.28 | 15,640.87 | -1.15% |
IEF | iShares 7-10 Year Treasury Bond ETF | -175.93 | 13,392.52 | -1.31% |
SOXL | Direxion Daily Semiconductor Bull 3X Shares | -169.32 | 3,748.67 | -4.52% |
SPLV | Invesco S&P 500 Low Volatility ETF | -167.29 | 8,036.58 | -2.08% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 52,738.25 | 4,054,964.83 | 1.30% |
International Equity | 4,076.40 | 1,315,313.76 | 0.31% |
U.S. Fixed Income | 3,966.42 | 1,085,585.73 | 0.37% |
International Fixed Income | 511.10 | 150,893.29 | 0.34% |
Commodities | -145.70 | 138,257.18 | -0.11% |
Currency | 7.46 | 1,911.32 | 0.39% |
Leveraged | 533.61 | 64,035.95 | 0.83% |
Inverse | 231.25 | 12,404.17 | 1.86% |
Asset Allocation | 178.01 | 18,694.47 | 0.95% |
Alternatives | 61.20 | 6,789.20 | 0.90% |
Total: | 62,158.01 | 6,848,849.91 | 0.91% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 341,676.81 | 4,054,964.83 | 8.43% |
International Equity | 169,132.79 | 1,315,313.76 | 12.86% |
U.S. Fixed Income | 121,610.55 | 1,085,585.73 | 11.20% |
International Fixed Income | 28,860.26 | 150,893.29 | 19.13% |
Commodities | -3,632.02 | 138,257.18 | -2.63% |
Currency | 33.45 | 1,911.32 | 1.75% |
Leveraged | -142.55 | 64,035.95 | -0.22% |
Inverse | 5,694.73 | 12,404.17 | 45.91% |
Asset Allocation | 3,965.08 | 18,694.47 | 21.21% |
Alternatives | 2,619.98 | 6,789.20 | 38.59% |
Total: | 669,819.07 | 6,848,849.91 | 9.78% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
URNM | North Shore Global Uranium Mining ETF | 16.13% | 4,702,697 | 755.96 |
GAZ | iPath Series B Bloomberg Natural Gas Subindex Total Return ETN | 10.21% | 35,187 | 7.34 |
UNG | United States Natural Gas Fund LP | 9.91% | 25,902,563 | 319.80 |
URA | Global X Uranium ETF | 8.88% | 15,988,913 | 1,118.97 |
FRAK | VanEck Unconventional Oil & Gas ETF | 8.82% | 10,334 | 15.59 |
FCG | First Trust Natural Gas ETF | 8.51% | 4,960,272 | 273.37 |
PXI | Invesco DWA Energy Momentum ETF | 7.92% | 166,691 | 67.16 |
PXE | Invesco Dynamic Energy Exploration & Production ETF | 7.79% | 215,017 | 79.96 |
XOP | SPDR S&P Oil & Gas Exploration & Production ETF | 7.48% | 27,331,575 | 3,219.25 |
FTXN | First Trust Nasdaq Oil & Gas ETF | 7.34% | 78,403 | 41.93 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
BDRY | Breakwave Dry Bulk Shipping ETF | 292.21% | 0.27% | 90.66 |
URNM | North Shore Global Uranium Mining ETF | 129.30% | 16.13% | 755.96 |
UNG | United States Natural Gas Fund LP | 107.28% | 9.91% | 319.80 |
GAZ | iPath Series B Bloomberg Natural Gas Subindex Total Return ETN | 99.45% | 10.21% | 7.34 |
JJT | iPath Series B Bloomberg Tin Subindex Total Return ETN | 87.74% | 1.29% | 14.74 |
URA | Global X Uranium ETF | 87.30% | 8.88% | 1,118.97 |
UNL | United States 12 Month Natural Gas Fund LP | 84.06% | 5.91% | 15.30 |
GRN | iPath Series B Carbon ETN | 83.55% | -2.57% | 78.39 |
REMX | VanEck Rare Earth/Strategic Metals ETF | 83.21% | 2.71% | 1,092.99 |
FCG | First Trust Natural Gas ETF | 77.24% | 8.51% | 273.37 |
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.