Strong ETF Inflows For 1st Week Of 2020

Inflows for U.S.-listed ETFs were $15.1 billion this week.

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

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)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
XLIIndustrial Select Sector SPDR Fund1,774.3112,447.1514.25%
VTIVanguard Total Stock Market ETF1,476.55140,523.391.05%
XLFFinancial Select Sector SPDR Fund983.8725,347.463.88%
EEMiShares MSCI Emerging Markets ETF979.0730,845.653.17%
XLYConsumer Discretionary Select Sector SPDR Fund885.0815,320.775.78%
QQQInvesco QQQ Trust735.3689,767.030.82%
MBBiShares MBS ETF670.9421,815.863.08%
SMHVanEck Vectors Semiconductor ETF660.772,066.1831.98%
XLCCommunication Services Select Sector SPDR Fund574.637,546.197.61%
BNDVanguard Total Bond Market ETF563.1649,142.951.15%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-1,105.28313,105.58-0.35%
TLTiShares 20+ Year Treasury Bond ETF-812.5216,571.00-4.90%
GLDSPDR Gold Trust-665.4444,564.01-1.49%
IWMiShares Russell 2000 ETF-644.3347,646.61-1.35%
SPYVSPDR Portfolio S&P 500 Value ETF-541.194,450.88-12.16%
IJRiShares Core S&P Small-Cap ETF-503.4048,125.91-1.05%
IVViShares Core S&P 500 ETF-437.13202,334.24-0.22%
IWDiShares Russell 1000 Value ETF-422.5942,082.33-1.00%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-411.1934,595.29-1.19%
IEFiShares 7-10 Year Treasury Bond ETF-387.8917,318.09-2.24%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity5,322.442,556,258.220.21%
International Equity4,106.41897,307.010.46%
U.S. Fixed Income5,193.88764,324.070.68%
International Fixed Income689.3991,330.540.75%
Commodities ETFs-196.5983,952.16-0.23%
Currency18.631,370.861.36%
Leveraged48.6240,427.590.12%
Inverse-108.2311,335.63-0.95%
Asset Allocation24.4610,768.390.23%
Alternatives34.954,557.900.77%
Total:15,133.954,461,632.360.34%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity11,234.682,556,258.220.44%
International Equity4,107.43897,307.010.46%
U.S. Fixed Income5,768.79764,324.070.75%
International Fixed Income806.6391,330.540.88%
Commodities ETFs-131.6083,952.16-0.16%
Currency5.931,370.860.43%
Leveraged-56.8640,427.59-0.14%
Inverse-97.5611,335.63-0.86%
Asset Allocation31.1510,768.390.29%
Alternatives34.034,557.900.75%
Total:21,702.634,461,632.360.49%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
SSPYSyntax Stratified LargeCap ETF63,389382,156602.87%
DVEMWisdomTree Emerging Markets Dividend21,56087,553406.09%
COMTiShares Commodities Select Strategy ETF336,7891,298,260385.48%
AADRAdvisorShares Dorsey Wright ADR ETF17,28770,068405.32%
PEZInvesco DWA Consumer Cyclicals Momentum ETF20,727116,748563.26%
VNQIVanguard Global ex-U.S. Real Estate ETF525,1851,543,326293.86%
DGRSWisdomTree U.S. Smallcap Quality Dividend Growth Fund14,37633,191230.88%
EEBInvesco BRIC ETF6,51715,712241.10%
NRGUMicroSectors U.S. Big Oil Index 3X Leveraged ETN80458574.51%
HFXIIQ 50 Percent Hedged FTSE International ETF130,395285,700219.10%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
NGEGlobal X MSCI Nigeria ETF6.80%225,84843.80
PALLAberdeen Standard Physical Palladium Shares ETF6.07%218,965331.67
BDRYBreakwave Dry Bulk Shipping ETF4.64%22,8461.36
ARKKARK Innovation ETF4.31%1,162,9321,951.20
ARKWARK Next Generation Internet ETF4.08%946,111451.14
CNCRLoncar Cancer Immunotherapy ETF3.94%68,37039.79
BUGGlobal X Cybersecurity ETF3.72%71,0032.61
ARKGARK Genomic Revolution ETF3.52%617,675484.05
FNGSMicroSectors FANG+ ETN3.39%16,60457.88
WCLDWisdomTree Cloud Computing Fund3.14%26,72515.49

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
NGEGlobal X MSCI Nigeria ETF9.72%6.80%43.80
PALLAberdeen Standard Physical Palladium Shares ETF8.62%6.07%331.67
KWEBKraneShares CSI China Internet ETF8.59%2.09%2,128.76
CHICGlobal X MSCI China Communication Services ETF8.47%2.12%23.36
PGJInvesco Golden Dragon China ETF7.60%1.36%205.94
CQQQInvesco China Technology ETF7.55%1.96%607.16
OGIGO’Shares Global Internet Giants ETF6.86%2.84%48.17
XITKSPDR FactSet Innovative Technology ETF6.65%3.00%65.80
WCLDWisdomTree Cloud Computing Fund6.54%3.14%15.49
ARKWARK Next Generation Internet ETF6.41%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.

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.