IVV, VOO Top Weekly ETF Inflows

Senior ETF Analyst

Jul 08, 2024

Reviewed by: etf.com Staff

Edited by: Ron Day

ETF categories across the board attracted inflows last week as both stocks and bond rallied, with a net $11.3 billion flowing into U.S.-listed exchange-traded funds during the week ending Friday, July 5.

Of that, $3.9 billion went into U.S. equity ETFs, while $3.4 billion went into U.S. fixed income ETFs.

International equity and fixed income ETFs also attracted around a billion dollars each last week.

Year-to-date inflows now stand at $406.1 billion, while total U.S.-listed ETF assets under management are $9.22 trillion.

Topping the flows charts last week was the $5.04 billion pulled into the iShares Core S&P 500 ETF (IVV), flollowed by the $3.77 billion that went into the Vanguard 500 Index Fund (VOO) and the Invesco QQQ Trust (QQQ)'s $3.36 billion.

A fierce rally in megacap tech stocks propelled both the S&P 500 and Nasdaq-100 to all-time highs last week.

Meanwhile, the iShares 20+ Year Treasury Bond ETF (TLT) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) also made an appearance on the top weekly inflows list.

Bonds jumped following the release of a mixed jobs report on Friday, which raised the likelihood of Fed rate cuts in the coming months.

On the other side of the ledger, mid-caps took a hit, with the iShares Russell Mid-Cap Growth ETF (IWP) tallying redemptions of $3.37 billion the iShares Russell Mid-Cap ETF (IWR) having $3.32 billion in outflows.

While the flows for these ETFs may have been impacted by tax-related heartbeat trades, in general, small and midcap stocks have been sharply underperforming their large cap counterparts this year.

The SPDR S&P 500 ETF Trust (SPY) is up 17% so far this year versus less than 5% for IWR. SPY incidentally had $2.47 billion in outflows last week.

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

Top 10 Creations (All ETFs)

Ticker	Name	Net Flows ($, mm)	AUM ($, mm)	AUM % Change<
IVV	iShares Core S&P 500 ETF	5,036.60	499,915.69	1.01
VOO	Vanguard 500 Index Fund	3,769.17	480,720.26	0.78
QQQ	Invesco QQQ Trust	3,355.95	297,373.07	1.13
VTI	Vanguard Total Stock Market ETF	3,042.88	415,563.06	0.73
TLT	iShares 20+ Year Treasury Bond ETF	855.59	53,880.59	1.59
XLF	Financial Select Sector SPDR Fund	615.77	39,899.03	1.54
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	563.09	31,151.43	1.81
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	488.44	7,867.86	6.21
SGOV	iShares 0-3 Month Treasury Bond ETF	475.28	23,198.65	2.05
GLD	SPDR Gold Trust	430.87	63,355.81	0.68

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($, mm)	AUM ($, mm)	AUM % Change
IWP	iShares Russell Mid-Cap Growth ETF	-3,371.00	14,317.65	-23.54
IWR	iShares Russell Mid-Cap ETF	-3,317.29	33,627.84	-9.86
SPY	SPDR S&P 500 ETF Trust	-2,473.43	546,071.90	-0.45
IWS	iShares Russell Mid-Cap Value ETF	-1,617.43	12,513.99	-12.93
IWB	iShares Russell 1000 ETF	-1,444.14	36,584.27	-3.95
VTWO	Vanguard Russell 2000 ETF	-1,043.99	8,382.36	-12.45
VONG	Vanguard Russell 1000 Growth ETF	-1,011.64	21,584.72	-4.69
IYW	iShares U.S. Technology ETF	-968.36	19,569.36	-4.95
IEF	iShares 7-10 Year Treasury Bond ETF	-900.11	28,161.70	-3.20
VONV	Vanguard Russell 1000 Value ETF	-769.35	8,460.89	-9.09

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
Alternatives	95.90	8,084.70	1.19%
Asset Allocation	70.77	18,714.17	0.38%
Commodities	412.54	144,502.35	0.29%
Currency	283.18	55,650.09	0.51%
International Equity	1,426.21	1,523,122.47	0.09%
International Fixed Income	990.62	205,810.14	0.48%
Inverse	89.00	12,639.41	0.70%
Leveraged	617.83	114,011.26	0.54%
U.S. Equity	3,434.32	5,794,535.68	0.06%
U.S. Fixed Income	3,866.73	1,420,067.55	0.27%
Total:	11,287.10	9,297,137.81	0.12%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
Alternatives	1,157.42	7,931.00	14.59%
Asset Allocation	717.68	18,561.24	3.87%
Commodities	-4,833.02	141,439.91	-3.42%
Currency	14,775.18	56,973.19	25.93%
International Equity	55,954.04	1,498,202.11	3.73%
International Fixed Income	28,405.03	205,374.50	13.83%
Inverse	631.24	12,985.09	4.86%
Leveraged	-3,911.16	107,065.52	-3.65%
U.S. Equity	223,136.83	5,749,281.65	3.88%
U.S. Fixed Income	90,043.56	1,422,709.01	6.33%
Total:	406,076.80	9,220,523.23	4.40%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker	Name	Average Volume (30 Day)	1 Week Average Volume	% of Average
IGOV	iShares International Treasury Bond ETF	137,226	1,657,213.00	1,207.65%%
IG	Principal Investment Grade Corporate Active ETF	20,131	215,815.00	1,072.05%%
BBLU	EA Bridgeway Blue Chip ETF	109,526	817,016.00	745.95%%
GXC	SPDR S&P China ETF	26,765	190,933.00	713.37%%
TMSL	T. Rowe Price Small-Mid Cap ETF	20,642	136,204.00	659.83%%
TDI	Touchstone Dynamic International ETF	1,831	11,551.00	630.92%%
UBND	VictoryShares Core Plus Intermediate Bond ETF	37,006	224,418.00	606.43%%
AVMU	Avantis Core Municipal Fixed Income ETF	8,556	51,809.00	605.50%%
PICB	Invesco International Corporate Bond ETF	22,040	126,458.00	573.76%%
HIPS	GraniteShares HIPS U.S. High Income ETF	35,792	201,244.00	562.26%%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
SETH	ProShares Short Ether Strategy ETF	15.53%	52,653	3.87
BITI	ProShares Short Bitcoin Strategy ETF	11.92%	25,607,931	81.41
TSLP	Kurv Yield Premium Strategy Tesla TSLA ETF	9.29%	28,813	3.83
SLVP	iShares MSCI Global Silver and Metals Miners ETF	8.27%	323,079	224.75
SILJ	Amplify Junior Silver Miners ETF	7.94%	5,918,848	937.06
BRF	VanEck Brazil Small-Cap ETF	7.93%	9,921	20.39
GDMN	WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	7.90%	3,222	8.68
EWZS	iShares MSCI Brazil Small-Cap ETF	7.54%	1,241,759	134.64
RING	iShares MSCI Global Gold Miners ETF	7.18%	529,002	495.74
SIL	Global X Silver Miners ETF	7.16%	2,712,095	1,132.31

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
NVDY	YieldMax NVDA Option Income Strategy ETF	98.82%	-6.79%	814.04
SMH	VanEck Semiconductor ETF	54.24%	3.34%	23,422.08
MAGS	Roundhill Magnificent Seven ETF	46.07%		620.33
GBTC	Grayscale Bitcoin Trust ETF	44.86%	-10.72%	16,350.08
WUGI	AXS Esoterica NextG Economy ETF	40.40%	2.72%	34.02
CRPT	First Trust SkyBridge Crypto Industry and Digital Economy ETF	39.61%	-2.43%	59.93
FNGS	MicroSectors FANG+ ETN	39.45%	4.85%	310.56
SPMO	Invesco S&P 500 Momentum ETF	38.00%	2.44%	2,087.51
SOXQ	Invesco PHLX Semiconductor ETF	35.87%	3.27%	491.31
TUR	iShares MSCI Turkey ETF	35.36%	4.92%	250.58

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

| Contact: [email protected]

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.

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