Weekly ETF Inflows At Record Despite Monday Selling

Annual ETF inflows hit a fresh record high despite a roadbump on Monday.

Reviewed by: Sumit Roy
Edited by: Sumit Roy

The week ended on a high note for exchange-traded fund flows. On Monday, U.S.-listed ETFs witnessed a bulky $8.9 billion outflow, but between Tuesday and Thursday, they recouped all that and more. On Tuesday, inflows were $8.6 billion; on Wednesday, inflows were $7.4 billion; and on Thursday, inflows were $1.1 billion. 

The final data for the week from FactSet showed that ETFs gathered $7 billion in new money during the week ending Thursday, Sept. 21. That pushed year-to-date inflows to a new annual record of $329.3 billion.

This week's inflows were relatively evenly distributed between the various asset classes. U.S. equity ETFs took in $1.8 billion; international equity ETFs took in $2.3 billion; U.S. fixed-income ETFs took in $2.5 billion; and commodity ETFs took in $440 million.

The stock market fluctuated in a narrow range during the week. The S&P 500 hit a fresh record high just below 2,509 on Wednesday before paring gains amid concerns about the Federal Reserve's plan to shrink its balance sheet. 

Interest rates got a lift from those same Fed plans. The 10-year Treasury bond yield reached as high as 2.29% during the week, the highest level in more than a month. Last week, the yield briefly traded close to 2%.

'TLT' Continues To Sizzle
This week's top 10 inflows list included many familiar names. The iShares Russell 2000 ETF (IWM) and the SPDR S&P 500 ETF Trust (SPY) were the only funds to garner net inflows of more than $1 billion during the period.

The SPDR Gold Trust (GLD) also made an appearance on the list, with inflows of $575 million. At the same time, the iShares 20+ Year Treasury Bond ETF (TLT) continued to rake in money, collecting $532 million of fresh assets this week. 

On the outflows side, the iShares Core S&P 500 ETF (IVV) took the top spot. This year's top inflows winner hit a roadbump, as investors pulled $1.6 billion from the fund.

Other notable flows losers this week included the ProShares Short VIX Short-Term Futures ETF (SVXY), the VelocityShares Daily Inverse VIX Short-Term ETN (XIV), the iShares JP Morgan USD Emerging Markets Bond ETF (EMB) and the iShares MSCI Canada ETF (EWC).

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
IWM iShares Russell 2000 ETF 1,507.54 40,368.37 3.88%
SPY SPDR S&P 500 ETF Trust 1,148.63 247,002.69 0.47%
VOO Vanguard S&P 500 ETF 692.41 73,511.06 0.95%
XLF Financial Select Sector SPDR Fund 646.22 26,364.88 2.51%
GLD SPDR Gold Trust 575.20 35,922.18 1.63%
VWO Vanguard FTSE Emerging Markets ETF 539.77 63,812.64 0.85%
XLV Health Care Select Sector SPDR Fund 534.19 18,623.48 2.95%
TLT iShares 20+ Year Treasury Bond ETF 531.86 9,883.12 5.69%
HYG iShares iBoxx $ High Yield Corporate Bond ETF 528.89 19,036.41 2.86%
IWS iShares Russell Mid-Cap Value ETF 485.91 10,210.77 5.00%

Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IVV iShares Core S&P 500 ETF -1,607.52 125,737.43 -1.26%
VO Vanguard Mid-Cap ETF -761.32 19,878.21 -3.69%
VB Vanguard Small-Cap ETF -555.54 19,394.72 -2.78%
VBK Vanguard Small-Cap Growth ETF -350.59 6,400.43 -5.19%
MDY SPDR S&P Midcap 400 ETF Trust -337.14 17,889.18 -1.85%
SVXY ProShares Short VIX Short-Term Futures ETF -318.37 1,140.75 -21.82%
SCHA Schwab U.S. Small-Cap ETF -309.39 5,688.47 -5.16%
XIV VelocityShares Daily Inverse VIX Short-Term ETN -279.60 1,251.11 -18.27%
EMB iShares JP Morgan USD Emerging Markets Bond ETF -279.17 11,674.09 -2.34%
EWC iShares MSCI Canada ETF -274.26 3,032.18 -8.29%

ETF Weekly Flows By Asset Class

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 1,784.47 1,738,563.98 0.10%
International Equity 2,326.45 737,130.41 0.32%
U.S. Fixed Income 2,489.87 505,120.86 0.49%
International Fixed Income -71.76 54,503.08 -0.13%
Commodities 440.21 66,613.89 0.66%
Currency -21.34 1,435.54 -1.49%
Leveraged 435.14 29,743.34 1.46%
Inverse -591.98 17,995.23 -3.29%
Asset Allocation 53.73 7,564.37 0.71%
Alternatives 193.57 4,245.88 4.56%
Total: 7,038.37 3,162,916.57 0.22%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
% of Average
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor 19 136 725.00%
DBO PowerShares DB Oil Fund 504,105 2,161,384 428.76%
PDN Powershares FTSE RAFI Developed Markets ex-US Small-Mid ETF 15,046 55,285 367.44%
INCO Columbia India Consumer ETF 34,561 143,922 416.43%
DBEZ Deutsche X-trackers MSCI Eurozone Hedged Equity ETF 16,781 40,244 239.82%
EEMO PowerShares S&P Emerging Markets Momentum Portfolio 75,923 201,415 265.29%
JPGB JPMorgan Global Bond Opportunities ETF 3,310 7,555 228.22%
HUSV First Trust Horizon Managed Volatility Domestic ETF 20,836 54,400 261.09%
EMGF iShares Edge MSCI Multifactor Emerging Markets ETF 38,175 159,242 417.14%
COMT iShares Commodities Select Strategy ETF 29,021 64,082 220.82%


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's worked for 12 years. Before joining the company, Roy was the managing editor and commodities analyst for Hard Assets Investor. He lives in the San Francisco Bay Area, where he enjoys climbing the city’s steep hills, playing pickleball and snowboarding.