TLT Tops Weekly ETF Inflows List
The long-term Treasury bond fund took in $1.1 billion last week.
The iShares 20+ Year Treasury Bond ETF (TLT) led all asset gatherers during the week ending April 21. The exchange-traded fund’s $1.1 billion worth of inflows was the largest among all U.S.-listed ETFs and made up a large portion of the $2.4 billion that went into ETFs as a whole.
Year-to-date inflows for U.S.-listed ETFs now stand at $110 billion, while assets under management are $6.97 trillion. For comparison, inflows at this same time last year were $180 billion and AUM was $6.84 trillion.
International Equity ETFs in Demand
Though a relatively quiet week for ETF flows, the data suggests the trends we’ve seen all year long remain in place.
ETF investors continue to shun U.S. stock funds; they had inflows of $440 million in aggregate last week, but year-to-date inflows for the segment are a paltry $6.6 billion.
On the other hand, international equity ETFs, which collected $915 million last week and $33.2 billion since the start of the year, are in much higher demand.
Likewise, U.S. fixed income ETFs, which had $387 million of inflows last week and $58.8 billion of inflows this year, remain in favor among ETF investors.
In addition to the aforementioned TLT, the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the Vanguard Total Bond Market ETF (BND) made the top weekly inflows list.
The benchmark 10-year Treasury bond yield was little changed, around the 3.5% level, last week.
TIP & ESGU Lead Outflows
Meanwhile, on the outflows side of the ledger, the SPDR S&P 500 ETF Trust (SPY) headlined with a $2.1 billion outflow.
Other losers included the iShares TIPS Bond ETF (TIP), with redemptions of $623 million and the iShares ESG Aware MSCI USA ETF (ESGU), with redemptions of $449 million.
After gathering assets rapidly last year, TIP has lost some of its popularity in 2023 as inflation concerns have diminished a bit.
At the same time, ESG is facing headwinds as some investors reevaluate their stance on sustainable investing. ESGU has seen a whopping $7.1 billion of outflows since the start of 2023.
For a full list of this week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
TLT | iShares 20+ Year Treasury Bond ETF | 1,123.24 | 35,329.57 | 3.18% |
VOO | Vanguard S&P 500 ETF | 863.14 | 289,509.31 | 0.30% |
IVV | iShares Core S&P 500 ETF | 849.94 | 308,708.84 | 0.28% |
XLF | Financial Select Sector SPDR Fund | 705.13 | 31,916.71 | 2.21% |
XLP | Consumer Staples Select Sector SPDR Fund | 654.30 | 18,426.87 | 3.55% |
HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 510.81 | 15,004.21 | 3.40% |
IJR | iShares Core S&P Small-Cap ETF | 496.24 | 66,078.11 | 0.75% |
BND | Vanguard Total Bond Market ETF | 462.36 | 91,706.07 | 0.50% |
XLI | Industrial Select Sector SPDR Fund | 443.10 | 13,756.89 | 3.22% |
VTI | Vanguard Total Stock Market ETF | 407.94 | 283,584.00 | 0.14% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S&P 500 ETF Trust | -2,115.42 | 376,754.96 | -0.56% |
SPTI | SPDR Portfolio Intermediate Term Treasury ETF | -1,450.06 | 4,228.08 | -34.30% |
QQQ | Invesco QQQ Trust | -1,050.32 | 168,917.14 | -0.62% |
LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -978.86 | 35,796.75 | -2.73% |
IEF | iShares 7-10 Year Treasury Bond ETF | -909.41 | 28,324.20 | -3.21% |
IWM | iShares Russell 2000 ETF | -727.07 | 49,526.78 | -1.47% |
TIP | iShares TIPS Bond ETF | -623.88 | 22,495.95 | -2.77% |
IWD | iShares Russell 1000 Value ETF | -550.18 | 50,400.44 | -1.09% |
ESGU | iShares ESG Aware MSCI USA ETF | -449.32 | 13,576.57 | -3.31% |
XLE | Energy Select Sector SPDR Fund | -438.88 | 39,221.31 | -1.12% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 440.19 | 4,067,762.82 | 0.01% |
International Equity | 915.27 | 1,269,464.05 | 0.07% |
U.S. Fixed Income | 387.42 | 1,236,017.96 | 0.03% |
International Fixed Income | 570.57 | 147,349.44 | 0.39% |
Commodities | -272.83 | 139,626.62 | -0.20% |
Currency | -23.41 | 3,577.87 | -0.65% |
Leveraged | 8.31 | 56,476.14 | 0.01% |
Inverse | 394.01 | 23,570.83 | 1.67% |
Asset Allocation | -26.76 | 16,065.04 | -0.17% |
Alternatives | -12.62 | 7,224.35 | -0.17% |
Total: | 2,380.17 | 6,967,135.11 | 0.03% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 6,562.87 | 4,067,762.82 | 0.16% |
International Equity | 33,167.42 | 1,269,464.05 | 2.61% |
U.S. Fixed Income | 58,824.36 | 1,236,017.96 | 4.76% |
International Fixed Income | 7,168.62 | 147,349.44 | 4.87% |
Commodities | -413.09 | 139,626.62 | -0.30% |
Currency | -494.74 | 3,577.87 | -13.83% |
Leveraged | 1,964.30 | 56,476.14 | 3.48% |
Inverse | 5,079.59 | 23,570.83 | 21.55% |
Asset Allocation | -2,061.40 | 16,065.04 | -12.83% |
Alternatives | -133.44 | 7,224.35 | -1.85% |
Total: | 109,664.49 | 6,967,135.11 | 1.57% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
CVLC | Calvert US Large-Cap Core Responsible Index ETF | 80,408.87% | 5,202 | 143.32 |
MLPO | Credit Suisse S&P MLP Index ETN | 10.99% | 44,910 | 29.04 |
CANE | Teucrium Sugar Fund | 4.48% | 386,191 | 37.02 |
SGG | iPath Series B Bloomberg Sugar Subindex Total Return ETN | 4.44% | 16,331 | 46.66 |
ITB | iShares U.S. Home Construction ETF | 4.35% | 11,066,115 | 1,777.18 |
PLTM | GraniteShares Platinum Trust | 4.33% | 198,713 | 49.56 |
PPLT | abrdn Physical Platinum Shares ETF | 4.12% | 553,749 | 49.56 |
NGE | Global X MSCI Nigeria ETF | 3.89% | 48,664 | 41.98 |
BDRY | Breakwave Dry Bulk Shipping ETF | 3.24% | 1,285,324 | 86.76 |
EPOL | iShares MSCI Poland ETF | 3.22% | 1,444,846 | 204.84 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
WGMI | Valkyrie Bitcoin Miners ETF | 127.07% | -10.57% | 9.16 |
DAM | VanEck Digital Assets Mining ETF | 110.24% | -11.55% | 2.40 |
DAPP | VanEck Digital Transformation ETF | 91.39% | -9.88% | 32.08 |
BITQ | Bitwise Crypto Industry Innovators ETF | 85.55% | -8.97% | 66.29 |
SATO | Invesco Alerian Galaxy Crypto Economy ETF | 75.83% | -8.91% | 3.45 |
BITS | Global X Blockchain and Bitcoin Strategy ETF | 72.47% | -7.72% | 11.12 |
IBLC | iShares Blockchain and Tech ETF | 67.62% | -8.44% | 6.63 |
XBTF | VanEck Bitcoin Strategy ETF | 66.69% | -5.09% | 41.99 |
BTF | Valkyrie Bitcoin Strategy ETF | 65.81% | -4.78% | 29.58 |
MAXI | Simplify Bitcoin Strategy PLUS Income ETF | 63.66% | -5.22% | 23.11 |
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.