Nearly $9B Flowed Into ETFs Last Week

Nearly $9B Flowed Into ETFs Last Week

Year-to-date inflows ticked up to $267.1 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

Investors continued to tiptoe into ETFs last week as the U.S. stock market pulled further away from bear market territory. On net, $8.8 billion flowed into U.S.-listed ETFs during the holiday-shortened week ending Friday, June 3. 

Year-to-date inflows are now $267.1 billion, a solid showing for any normal year, though considerably below last year’s record-breaking $403 billion pace.  

Last week’s inflows were led by U.S. equity ETFs, which picked up $6.4 billion of new money. That included $1.9 billion for the iShares Core S&P 500 ETF (IVV), $1.3 billion for the Vanguard S&P 500 ETF (VOO) and $661 million for the Health Care Select Sector SPDR Fund (XLV)

After testing the down-20% threshold several times in May, the S&P 500 has climbed more than 6% off its lows, providing some much-needed breathing room for investors. 

Meanwhile, U.S. fixed income ETFs also registered net inflows during the week, picking up $2.5 billion.  

Bond prices remain under pressure this year, with the 10-year Treasury yield last trading around 3% (bond prices and yields move inversely).  

The SPDR Bloomberg High Yield Bond ETF (JNK), the iShares Broad USD High Yield Corporate Bond ETF (USHY) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) led all fixed income ETFs in terms of weekly inflows. 

 

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

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IVViShares Core S&P 500 ETF1,907.03306,101.940.62%
VOOVanguard S&P 500 ETF1,344.08264,596.590.51%
JNKSPDR Bloomberg High Yield Bond ETF1,017.868,306.1012.25%
USHYiShares Broad USD High Yield Corporate Bond ETF900.247,785.9811.56%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF855.4634,888.052.45%
SHYiShares 1-3 Year Treasury Bond ETF833.3825,411.833.28%
IEIiShares 3-7 Year Treasury Bond ETF684.4410,798.506.34%
XLVHealth Care Select Sector SPDR Fund660.7739,402.531.68%
SQQQProShares UltraPro Short QQQ626.043,134.3119.97%
VTIVanguard Total Stock Market ETF567.02269,651.020.21%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-3,226.87378,181.91-0.85%
BBEUJPMorgan BetaBuilders Europe ETF-1,926.917,072.71-27.24%
QQQInvesco QQQ Trust-1,913.70168,734.41-1.13%
BILSPDR Bloomberg 1-3 Month T-Bill ETF-1,567.9817,534.48-8.94%
SHViShares Short Treasury Bond ETF-1,124.8118,687.85-6.02%
MINTPIMCO Enhanced Short Maturity Active ETF-739.2811,482.41-6.44%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-700.1714,334.25-4.88%
JPSTJPMorgan Ultra-Short Income ETF-649.6718,546.79-3.50%
XLIIndustrial Select Sector SPDR Fund-596.2114,055.25-4.24%
VONVVanguard Russell 1000 Value ETF-550.456,657.73-8.27%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity6,358.443,980,996.390.16%
International Equity-1,263.201,211,028.75-0.10%
U.S. Fixed Income2,547.211,086,434.590.23%
International Fixed Income696.69143,928.710.48%
Commodities-399.69163,560.12-0.24%
Currency-221.763,903.75-5.68%
Leveraged-193.4056,084.37-0.34%
Inverse1,255.2819,077.776.58%
Asset Allocation11.6818,284.300.06%
Alternatives39.327,637.740.51%
Total:8,830.596,690,936.490.13%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity104,186.833,980,996.392.62%
International Equity55,940.921,211,028.754.62%
U.S. Fixed Income57,331.381,086,434.595.28%
International Fixed Income6,785.24143,928.714.71%
Commodities17,209.94163,560.1210.52%
Currency1,176.823,903.7530.15%
Leveraged16,665.3156,084.3729.71%
Inverse6,289.1319,077.7732.97%
Asset Allocation824.0518,284.304.51%
Alternatives651.077,637.748.52%
Total:267,060.696,690,936.493.99%

 

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.