Strong ETF Inflows For 1st Week Of 2020
Inflows for U.S.-listed ETFs were $15.1 billion this week.
ETFs kicked off 2020 with strong inflows, continuing where they left off in 2019. After registered net inflows of $326.3 billion last year—the second-largest annual haul ever—ETF picked up $15.1 billion during the first full week of the new year.
After six trading sessions, year-to-date inflows now stand at $21.7 billion, compared to $12.7 billion at the same time last year.
US Equities Leading
Unlike last year, when U.S. fixed income ETFs managed to attract more assets than U.S. equity ETFs, stocks are in the lead early in 2020. U.S. equities had net inflows of $5.3 billion this week and $11.2 billion year-to-date.
But U.S. fixed income ETFs aren’t slouching. They had respectable inflows of $5.2 billion for the week and $5.8 billion for the year.
A solid start to the year for U.S. stocks, with the S&P 500 up about 1.3% so far, is keeping investors interested in equities. At the same time, geopolitical factors have given safe-haven bonds a bid. The U.S. 10-year Treasury yield dipped from 1.92% to 1.82% since the start of the year (bond yields and prices move inversely).
Sector ETFs In Vogue
Looking at individual ETFs, a handful of sector ETFs topped the weekly inflows list. The Industrial Select Sector SPDR Fund (XLI), the Financial Select Sector SPDR Fund (XLF) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each made the weekly top 10.
On the other hand, the SPDR S&P 500 ETF Trust (SPY), the iShares 20+ Year Treasury Bond ETF (TLT) and the SPDR Gold Trust (GLD) topped the weekly outflows list.
For a full list of this week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| XLI | Industrial Select Sector SPDR Fund | 1,774.31 | 12,447.15 | 14.25% |
| VTI | Vanguard Total Stock Market ETF | 1,476.55 | 140,523.39 | 1.05% |
| XLF | Financial Select Sector SPDR Fund | 983.87 | 25,347.46 | 3.88% |
| EEM | iShares MSCI Emerging Markets ETF | 979.07 | 30,845.65 | 3.17% |
| XLY | Consumer Discretionary Select Sector SPDR Fund | 885.08 | 15,320.77 | 5.78% |
| QQQ | Invesco QQQ Trust | 735.36 | 89,767.03 | 0.82% |
| MBB | iShares MBS ETF | 670.94 | 21,815.86 | 3.08% |
| SMH | VanEck Vectors Semiconductor ETF | 660.77 | 2,066.18 | 31.98% |
| XLC | Communication Services Select Sector SPDR Fund | 574.63 | 7,546.19 | 7.61% |
| BND | Vanguard Total Bond Market ETF | 563.16 | 49,142.95 | 1.15% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -1,105.28 | 313,105.58 | -0.35% |
| TLT | iShares 20+ Year Treasury Bond ETF | -812.52 | 16,571.00 | -4.90% |
| GLD | SPDR Gold Trust | -665.44 | 44,564.01 | -1.49% |
| IWM | iShares Russell 2000 ETF | -644.33 | 47,646.61 | -1.35% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | -541.19 | 4,450.88 | -12.16% |
| IJR | iShares Core S&P Small-Cap ETF | -503.40 | 48,125.91 | -1.05% |
| IVV | iShares Core S&P 500 ETF | -437.13 | 202,334.24 | -0.22% |
| IWD | iShares Russell 1000 Value ETF | -422.59 | 42,082.33 | -1.00% |
| LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -411.19 | 34,595.29 | -1.19% |
| IEF | iShares 7-10 Year Treasury Bond ETF | -387.89 | 17,318.09 | -2.24% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 5,322.44 | 2,556,258.22 | 0.21% |
| International Equity | 4,106.41 | 897,307.01 | 0.46% |
| U.S. Fixed Income | 5,193.88 | 764,324.07 | 0.68% |
| International Fixed Income | 689.39 | 91,330.54 | 0.75% |
| Commodities ETFs | -196.59 | 83,952.16 | -0.23% |
| Currency | 18.63 | 1,370.86 | 1.36% |
| Leveraged | 48.62 | 40,427.59 | 0.12% |
| Inverse | -108.23 | 11,335.63 | -0.95% |
| Asset Allocation | 24.46 | 10,768.39 | 0.23% |
| Alternatives | 34.95 | 4,557.90 | 0.77% |
| Total: | 15,133.95 | 4,461,632.36 | 0.34% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 11,234.68 | 2,556,258.22 | 0.44% |
| International Equity | 4,107.43 | 897,307.01 | 0.46% |
| U.S. Fixed Income | 5,768.79 | 764,324.07 | 0.75% |
| International Fixed Income | 806.63 | 91,330.54 | 0.88% |
| Commodities ETFs | -131.60 | 83,952.16 | -0.16% |
| Currency | 5.93 | 1,370.86 | 0.43% |
| Leveraged | -56.86 | 40,427.59 | -0.14% |
| Inverse | -97.56 | 11,335.63 | -0.86% |
| Asset Allocation | 31.15 | 10,768.39 | 0.29% |
| Alternatives | 34.03 | 4,557.90 | 0.75% |
| Total: | 21,702.63 | 4,461,632.36 | 0.49% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| SSPY | Syntax Stratified LargeCap ETF | 63,389 | 382,156 | 602.87% |
| DVEM | WisdomTree Emerging Markets Dividend | 21,560 | 87,553 | 406.09% |
| COMT | iShares Commodities Select Strategy ETF | 336,789 | 1,298,260 | 385.48% |
| AADR | AdvisorShares Dorsey Wright ADR ETF | 17,287 | 70,068 | 405.32% |
| PEZ | Invesco DWA Consumer Cyclicals Momentum ETF | 20,727 | 116,748 | 563.26% |
| VNQI | Vanguard Global ex-U.S. Real Estate ETF | 525,185 | 1,543,326 | 293.86% |
| DGRS | WisdomTree U.S. Smallcap Quality Dividend Growth Fund | 14,376 | 33,191 | 230.88% |
| EEB | Invesco BRIC ETF | 6,517 | 15,712 | 241.10% |
| NRGU | MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 80 | 458 | 574.51% |
| HFXI | IQ 50 Percent Hedged FTSE International ETF | 130,395 | 285,700 | 219.10% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| NGE | Global X MSCI Nigeria ETF | 6.80% | 225,848 | 43.80 |
| PALL | Aberdeen Standard Physical Palladium Shares ETF | 6.07% | 218,965 | 331.67 |
| BDRY | Breakwave Dry Bulk Shipping ETF | 4.64% | 22,846 | 1.36 |
| ARKK | ARK Innovation ETF | 4.31% | 1,162,932 | 1,951.20 |
| ARKW | ARK Next Generation Internet ETF | 4.08% | 946,111 | 451.14 |
| CNCR | Loncar Cancer Immunotherapy ETF | 3.94% | 68,370 | 39.79 |
| BUG | Global X Cybersecurity ETF | 3.72% | 71,003 | 2.61 |
| ARKG | ARK Genomic Revolution ETF | 3.52% | 617,675 | 484.05 |
| FNGS | MicroSectors FANG+ ETN | 3.39% | 16,604 | 57.88 |
| WCLD | WisdomTree Cloud Computing Fund | 3.14% | 26,725 | 15.49 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| NGE | Global X MSCI Nigeria ETF | 9.72% | 6.80% | 43.80 |
| PALL | Aberdeen Standard Physical Palladium Shares ETF | 8.62% | 6.07% | 331.67 |
| KWEB | KraneShares CSI China Internet ETF | 8.59% | 2.09% | 2,128.76 |
| CHIC | Global X MSCI China Communication Services ETF | 8.47% | 2.12% | 23.36 |
| PGJ | Invesco Golden Dragon China ETF | 7.60% | 1.36% | 205.94 |
| CQQQ | Invesco China Technology ETF | 7.55% | 1.96% | 607.16 |
| OGIG | O’Shares Global Internet Giants ETF | 6.86% | 2.84% | 48.17 |
| XITK | SPDR FactSet Innovative Technology ETF | 6.65% | 3.00% | 65.80 |
| WCLD | WisdomTree Cloud Computing Fund | 6.54% | 3.14% | 15.49 |
| ARKW | ARK Next Generation Internet ETF | 6.41% | 4.08% | 451.14 |
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.
