Record Highs Fuel Weekly ETF Inflows

Fixed income ETFs saw a rare outflow this week, but equity ETF inflows more than made up for it. 

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

Fresh trade hopes lifted U.S. stocks to record highs this week, bolstering ETF assets. Following the week's gains, U.S.-listed ETF assets under management surpassed $4.2 trillion.

Price appreciation wasn't the only thing lifting ETF assets. Investors put $11.6 billion in new cash to work also. Most of it went into U.S. equity ETFs like the Invesco QQQ Trust (QQQ), the SPDR S&P 500 ETF Trust (SPY) and the Vanguard S&P 500 ETF (VOO)

The S&P 500 reached a record high just below the 3,100 level on Thursday, extending its year-to-date gains to more than 25%.

Meanwhile, U.S. fixed income ETFs registered a rare outflow this week to the tune of $940 million. The benchmark 10-year Treasury bond yield surged 0.25% to as high as 1.97% on Thursday, putting it at its loftiest level in three months. Bond yields and prices move inversely, so many fixed income ETFs sold off this week.

Year-to-date inflows for all U.S.-listed ETFs now stand at $237.4 billion, ahead of last year's $227.8 billion pace.

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
QQQInvesco QQQ Trust1,587.5780,886.741.96%
SPYSPDR S&P 500 ETF Trust1,169.02280,052.630.42%
VOOVanguard S&P 500 ETF971.15123,192.790.79%
XLKTechnology Select Sector SPDR Fund963.9124,684.703.90%
IWMiShares Russell 2000 ETF727.9445,269.501.61%
EWJiShares MSCI Japan ETF648.2313,712.164.73%
XLFFinancial Select Sector SPDR Fund627.3125,083.782.50%
XLIIndustrial Select Sector SPDR Fund623.1511,037.005.65%
BNDXVanguard Total International Bond ETF531.2323,861.992.23%
EMBiShares JP Morgan USD Emerging Markets Bond ETF518.5114,937.203.47%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SDYSPDR S&P Dividend ETF-1,392.5019,419.03-7.17%
TLTiShares 20+ Year Treasury Bond ETF-755.0817,539.79-4.30%
SPLVInvesco S&P 500 Low Volatility ETF-559.2212,507.51-4.47%
VCITVanguard Intermediate-Term Corporate Bond ETF-536.0425,150.51-2.13%
SCHOSchwab Short-Term U.S. Treasury ETF-516.385,221.70-9.89%
BILSPDR Bloomberg Barclays 1-3 Month T-Bill ETF-484.708,400.49-5.77%
TIPiShares TIPS Bond ETF-406.0320,045.00-2.03%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-318.6134,866.60-0.91%
XLPConsumer Staples Select Sector SPDR Fund-267.0713,144.03-2.03%
MTUMiShares Edge MSCI U.S.A. Momentum Factor ETF-238.578,876.53-2.69%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity8,074.952,391,331.350.34%
International Equity3,338.69847,455.210.39%
U.S. Fixed Income-939.78736,704.96-0.13%
International Fixed Income1,361.3986,391.981.58%
Commodities -40.3581,003.74-0.05%
Currency-60.151,450.35-4.15%
Leveraged-565.9036,976.60-1.53%
Inverse375.7912,243.073.07%
Asset Allocation-6.7310,501.89-0.06%
Alternatives86.454,696.951.84%
Total:11,624.344,208,756.100.28%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity93,752.392,391,331.353.92%
International Equity6,271.44847,455.210.74%
U.S. Fixed Income112,624.97736,704.9615.29%
International Fixed Income16,693.8486,391.9819.32%
Commodities 9,177.4681,003.7411.33%
Currency-353.661,450.35-24.38%
Leveraged-7,632.4136,976.60-20.64%
Inverse5,370.8012,243.0743.87%
Asset Allocation439.1310,501.894.18%
Alternatives1,007.884,696.9521.46%
Total:237,351.844,208,756.105.64%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
NRGOMicroSectors U.S. Big Oil Index 2X Leveraged ETN44225513.31%
VRPInvesco Variable Rate Preferred ETF330,9731,349,834407.84%
FSTAFidelity MSCI Consumer Staples Index ETF187,898662,839352.77%
CHIXGlobal X MSCI China Financials ETF24,98878,566314.42%
HYDWXtrackers Low Beta High Yield Bond ETF7,24739,982551.72%
FDISFidelity MSCI Consumer Discretionary Index ETF81,340253,098311.16%
BWZSPDR Bloomberg Barclays Short Term International Treasury Bond ETF50,647220,771435.90%
SPMOInvesco S&P 500 Momentum ETF18,34282,549450.05%
FSZFirst Trust Switzerland AlphaDEX Fund6,39126,181409.67%
BICKFirst Trust BICK Index Fund9,56958,233608.56%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
SGOLAberdeen Standard Physical Swiss Gold Shares ETF886.34%11,925,2651,179.23
FHKFirst Trust Hong Kong AlphaDEX Fund5.71%1,9173.50
UNGUnited States Natural Gas Fund LP4.68%15,354,329327.96
COPXGlobal X Copper Miners ETF4.46%225,93651.33
PAKGlobal X MSCI Pakistan ETF4.20%261,92843.71
FCGFirst Trust Natural Gas ETF4.18%2,201,93883.56
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN4.13%26,4053.81
PSCEInvesco S&P SmallCap Energy ETF4.06%73,96419.30
SDVYFirst Trust SMID Cap Rising Dividend Achievers ETF3.89%13,2557.57
UNLUnited States 12 Month Natural Gas Fund LP 3.83%13,6804.25

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
INRMarket Vectors-Indian Rupee/USD ETN57.72%0.00%1.05
JJNiPath Series B Bloomberg Nickel Subindex Total Return ETN53.53%-3.59%8.84
XSDSPDR S&P Semiconductor ETF52.74%0.85%407.38
SMHVanEck Vectors Semiconductor ETF52.30%1.56%1,423.49
FTXLFirst Trust Nasdaq Semiconductor ETF51.29%1.18%38.59
SOXXiShares PHLX Semiconductor ETF51.22%1.60%2,108.96
TANInvesco Solar ETF49.87%-0.78%404.39
CHISGlobal X MSCI China Consumer Staples ETF48.22%0.61%2.15
ITBiShares U.S. Home Construction ETF46.08%-1.98%1,247.94
FLRUFranklin FTSE Russia ETF44.36%0.76%19.18

 

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.