TLT, IBIT Fueled $13B Inflows Last Week

TLT, IBIT Fueled $13B Inflows Last Week

Last week's net flows, which included $12 billion into VOO, push year-to-date total to $324.7 billion.

sumit
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Senior ETF Analyst
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Reviewed by: etf.com Staff
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Edited by: Ron Day

Around $12.8 billion flowed into U.S.-listed ETFs last week as markets jumped, pushing the year-to-date total to $324.7 billion.

ETFs registered net inflows despite outflows of $1.2 billion from U.S. equity funds. Most other categories, including U.S. fixed income ETFs, international equity ETFs, currency ETFs, and commodities ETFs pulled in new cash. 

The most popular individual ETFs included the Vanguard 500 Index Fund (VOO) and the iShares S&P 500 Growth ETF (IVW), with weekly inflows of $11.9 billion and $3.1 billion, respectively.

The iShares 20+ Year Treasury Bond ETF (TLT) was the most in-demand fixed income ETF, with inflows of over a billion, while two bitcoin ETFs—the iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC)— were also in the top 10.

On the other side of the ledger were the iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF Trust (SPY), which shed $12 billion and $6.9 billion in assets, respectively.

A few tech-focused funds, like the Invesco QQQ Trust (QQQ), the ProShares UltraPro QQQ (TQQQ) and the Direxion Daily Semiconductor Bull 3X Shares (SOXL) also had hefty outflows last week.

Record Highs

The S&P 500 hit fresh all-time highs on Wednesday and held near records through the end of the week despite the release of a hotter-than-expected jobs report.

At the same time, bond prices fell, with the benchmark 10-year Treasury yield spiking to nearly 4.5% as traders reasoned that the Fed was less likely to cut rates this year with the jobs market so strong.  

Looking ahead, stocks, bonds and other assets will likely to take their cues from this week’s consumer price index report and Fed rate decision, both due on Wednesday.

Core inflation is expected to have grown by 0.3% month-over-month in May, the same rate as the previous month. Meanwhile, the Fed is widely anticipated to keep rates on hold. 

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


Top 10 Creations (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change<
VOOVanguard 500 Index Fund11,861.43473,400.872.51
IVWiShares S&P 500 Growth ETF3,060.0649,875.156.14
IWMiShares Russell 2000 ETF1,786.2660,668.452.94
VTIVanguard Total Stock Market ETF1,519.84401,180.690.38
EFGiShares MSCI EAFE Growth ETF1,443.1013,921.6510.37
TLTiShares 20+ Year Treasury Bond ETF1,049.1750,165.562.09
IBITiShares Bitcoin Trust948.8821,422.174.43
HYGiShares iBoxx USD High Yield Corporate Bond ETF852.6417,626.784.84
DYNFBlackRock U.S. Equity Factor Rotation ETF702.098,861.577.92
FBTCFidelity Wise Origin Bitcoin Fund685.4212,280.585.58



 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change
IVViShares Core S&P 500 ETF-12,048.13456,697.97-2.64
SPYSPDR S&P 500 ETF Trust-6,884.42534,136.42-1.29
QQQInvesco QQQ Trust-2,017.23275,057.64-0.73
DIASPDR Dow Jones Industrial Average ETF Trust-676.6432,430.49-2.09
TQQQProShares UltraPro QQQ-671.9322,518.66-2.98
SOXLDirexion Daily Semiconductor Bull 3X Shares-426.4710,900.82-3.91
VEUVanguard FTSE All-World ex-US ETF-374.7439,183.48-0.96
VDEVanguard Energy ETF-351.968,477.62-4.15
HEFAiShares Currency Hedged MSCI EAFE ETF-322.006,679.31-4.82
ESGUiShares ESG Aware MSCI USA ETF-286.9312,674.93-2.26



 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
Alternatives40.787,738.630.53%
Asset Allocation38.7018,614.590.21%
Commodities766.82144,727.840.53%
Currency1,766.8866,518.012.66%
International Equity1,885.051,522,965.170.12%
International Fixed Income1,576.10202,011.680.78%
Inverse357.9313,444.582.66%
Leveraged-772.38102,163.21-0.76%
U.S. Equity-1,205.585,621,097.93-0.02%
U.S. Fixed Income8,331.061,407,546.700.59%
Total:12,785.369,106,828.340.14%



 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
Alternatives944.307,728.5512.22%
Asset Allocation572.2518,279.403.13%
Commodities-4,714.06144,213.63-3.27%
Currency14,099.1063,250.9622.29%
International Equity43,446.131,498,849.202.90%
International Fixed Income24,355.81199,200.7712.23%
Inverse115.8413,655.750.85%
Leveraged-3,252.5697,263.17-3.34%
U.S. Equity180,073.925,530,198.433.26%
U.S. Fixed Income69,010.921,386,020.794.98%
Total:324,651.658,958,660.653.62%



 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
BHYBXtrackers USD High Yield BB-B ex Financials ETF21,043375,004.001,782.08%%
TRNDPacer Trendpilot Fund of Funds ETF4,43670,434.001,587.70%%
DBAWXtrackers MSCI All World ex U.S. Hedged Equity ETF23,336294,404.001,261.58%%
PSCCInvesco S&P SmallCap Consumer Staples ETF27,125320,531.001,181.67%%
BULPacer US Cash Cows Growth ETF8,45085,005.001,006.00%%
DEEDFirst Trust TCW Securitized Plus ETF57,947516,353.00891.08%%
AVLCAvantis US Large Cap Equity ETF27,167211,400.00778.16%%
QEFASPDR MSCI EAFE StrategicFactors ETF49,492366,024.00739.57%%
RWKInvesco S&P MidCap 400 Revenue ETF28,024199,661.00712.48%%
FLMBFranklin Municipal Green Bond ETF23,724165,836.00699.02%%



 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
SATOInvesco Alerian Galaxy Crypto Economy ETF11.50%21,2447.80
BITQBitwise Crypto Industry Innovators ETF11.25%446,676140.87
IBLCiShares Blockchain and Tech ETF11.02%80,70121.75
GFOFGrayscale Future of Finance ETF10.07%29,6327.52
CRPTFirst Trust SkyBridge Crypto Industry and Digital Economy ETF9.21%217,50461.86
BLOKAmplify Transformational Data Sharing ETF6.17%1,724,476696.37
BLKCInvesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF5.98%4,4283.15
STCESchwab Crypto Thematic ETF5.84%56,16741.08
FLMXFranklin FTSE Mexico ETF5.49%881,51467.17
ARKGARK Genomic Revolution ETF5.28%12,040,4891,475.67



 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
NVDYYieldMax NVDA Option Income Strategy ETF90.55%-4.16%609.25
GBTCGrayscale Bitcoin Trust ETF77.59%1.87%20,086.00
MAXISimplify Bitcoin Strategy PLUS Income ETF59.38%2.08%24.12
BITOProShares Bitcoin Strategy ETF58.22%3.25%2,131.62
BTFValkyrie Bitcoin and Ether Strategy ETF57.75%1.26%55.99
ARKAARK 21Shares Active Bitcoin Futures Strategy ETF57.47%1.90%16.74
BITCBitwise Bitcoin Strategy Optimum Roll ETF57.28% 13.35
BETHProShares Bitcoin & Ether Market Cap Weight Strategy ETF56.61%3.19%8.24
DEFIHashdex Bitcoin ETF56.25% 12.90
BETEProShares Bitcoin & Ether Equal Weight Strategy ETF55.61%3.15%6.51



 

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.