SPY Top Loser Second Week in a Row 

Exchange-traded fund flows reversed course in the week ending Feb. 10, as markets notched their largest weekly decline in two months. 

U.S.-listed ETFs shed nearly $5.3 billion last week compared with the $13.6 billion of inflows in the week ending Feb. 3. Most of the losses stemmed from fixed income funds, which lost $3.3 billion compared to the $1.6 billion in outflows recorded the week prior.  

ETFs that saw the greatest losses during the week included the iShares iBoxx USD High Yield Corporate Bond ETF (HYG), the SPDR Bloomberg High Yield Bond ETF (JNK) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which collectively shed $3.8 billion.  

Meanwhile, U.S. equity ETFs lost $2.3 billion last week, compared with the $8.2 billion the asset class gain in the week prior. The greatest outflows stemmed from the largest and oldest U.S.-listed ETF, the SPDR S&P 500 ETF Trust (SPY), which lost $4 billion. This is the second consecutive week that SPY recorded the greatest outflows of U.S.-listed ETFs.  

The lackluster performance comes as equity markets posted the steepest losses since mid-December. The S&P dipped 1.1% during the week, while the Nasdaq slumped 2.4%. Meanwhile, the yield on the policy-sensitive two-year Treasury note rose to 4.52% by the end of the trading week.  

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

Top 10 Creations (All ETFs)

Top 10 Redemptions (All ETFs)

ETF Weekly Flows By Asset Class

Asset Classes (Year-to-Date)

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

Top 10 YTD Performers

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.