Monster $62B ETF Weekly Inflows

Year-to-date inflows now stand at $670 billion.

sumit
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Senior ETF Analyst
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Reviewed by: Sumit Roy
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Edited by: Sumit Roy

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)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust10,581.03410,309.532.58%
VTIVanguard Total Stock Market ETF3,473.33274,393.551.27%
VIGVanguard Dividend Appreciation ETF3,025.1165,985.614.58%
VXFVanguard Extended Market ETF2,875.1220,341.9614.13%
VOVanguard Mid-Cap ETF2,810.8055,403.125.07%
VUGVanguard Growth ETF2,590.6588,765.252.92%
VBVanguard Small-Cap ETF1,841.4749,424.273.73%
VOOVanguard S&P 500 ETF1,809.99255,833.670.71%
QQQInvesco QQQ Trust1,531.98195,165.850.78%
RSPInvesco S&P 500 Equal Weight ETF1,371.7530,851.344.45%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IWMiShares Russell 2000 ETF-1,911.6865,130.65-2.94%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-1,125.2941,869.96-2.69%
IVEiShares S&P 500 Value ETF-355.7922,396.95-1.59%
TECLDirexion Daily Technology Bull 3X Shares-242.762,759.45-8.80%
VNQVanguard Real Estate ETF-234.6644,433.45-0.53%
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-215.686,033.95-3.57%
GOVTiShares U.S. Treasury Bond ETF-180.2815,640.87-1.15%
IEFiShares 7-10 Year Treasury Bond ETF-175.9313,392.52-1.31%
SOXLDirexion Daily Semiconductor Bull 3X Shares-169.323,748.67-4.52%
SPLVInvesco S&P 500 Low Volatility ETF-167.298,036.58-2.08%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity52,738.254,054,964.831.30%
International Equity4,076.401,315,313.760.31%
U.S. Fixed Income3,966.421,085,585.730.37%
International Fixed Income511.10150,893.290.34%
Commodities-145.70138,257.18-0.11%
Currency7.461,911.320.39%
Leveraged533.6164,035.950.83%
Inverse231.2512,404.171.86%
Asset Allocation178.0118,694.470.95%
Alternatives61.206,789.200.90%
Total:62,158.016,848,849.910.91%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity341,676.814,054,964.838.43%
International Equity169,132.791,315,313.7612.86%
U.S. Fixed Income121,610.551,085,585.7311.20%
International Fixed Income28,860.26150,893.2919.13%
Commodities-3,632.02138,257.18-2.63%
Currency33.451,911.321.75%
Leveraged-142.5564,035.95-0.22%
Inverse5,694.7312,404.1745.91%
Asset Allocation3,965.0818,694.4721.21%
Alternatives2,619.986,789.2038.59%
Total:669,819.076,848,849.919.78%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
URNMNorth Shore Global Uranium Mining ETF16.13%4,702,697755.96
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN10.21%35,1877.34
UNGUnited States Natural Gas Fund LP9.91%25,902,563319.80
URAGlobal X Uranium ETF8.88%15,988,9131,118.97
FRAKVanEck Unconventional Oil & Gas ETF8.82%10,33415.59
FCGFirst Trust Natural Gas ETF8.51%4,960,272273.37
PXIInvesco DWA Energy Momentum ETF7.92%166,69167.16
PXEInvesco Dynamic Energy Exploration & Production ETF7.79%215,01779.96
XOPSPDR S&P Oil & Gas Exploration & Production ETF7.48%27,331,5753,219.25
FTXNFirst Trust Nasdaq Oil & Gas ETF7.34%78,40341.93

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
BDRYBreakwave Dry Bulk Shipping ETF292.21%0.27%90.66
URNMNorth Shore Global Uranium Mining ETF129.30%16.13%755.96
UNGUnited States Natural Gas Fund LP107.28%9.91%319.80
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN99.45%10.21%7.34
JJTiPath Series B Bloomberg Tin Subindex Total Return ETN87.74%1.29%14.74
URAGlobal X Uranium ETF87.30%8.88%1,118.97
UNLUnited States 12 Month Natural Gas Fund LP 84.06%5.91%15.30
GRNiPath Series B Carbon ETN83.55%-2.57%78.39
REMXVanEck Rare Earth/Strategic Metals ETF83.21%2.71%1,092.99
FCGFirst Trust Natural Gas ETF77.24%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.

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.