That was the best haul since a monster $30.4 billion entered ETFs during the second week of June, and pushes year-to-date inflows to a record $344.5 billion. Total ETF assets now stand above $3.2 trillion.
Longest Streak Since '97
The S&P 500 topped 2,552 on Thursday, equaling a year-to-date gain of 15.8%. However, the streak of records was at risk of ending on Friday after a disappointing jobs report―nonfarm payrolls contracted for the first time since 2010 in September―prompted investors to take profits.
Meanwhile, bond yields jumped to their highest level in three months this week, as expectations grew that the Federal Reserve will hike interest rates in December. The 10-year Treasury bond yield was last trading at 2.37%, up from 2.33% a week ago.
Aside from the weak jobs report, which was weighed down by hurricane activity, recent economic data has been strong.
The ISM Manufacturing index, for example, hit 60.8 in September, its best level since 2004. Likewise, the ISM Non-Manufacturing Index hit 59.8, its highest level since 2005.
'IEFA' Tops Inflows List
However, the largest amount of money went into U.S. and international equity ETFs. The former had inflows of $5.8 billion during the period, while the latter had inflows of $3.6 billion.
Big equity ETF winners included the iShares Core MSCI EAFE ETF (IEFA) and the Industrial Select Sector SPDR Fund (XLI), with inflows of more than $1 billion apiece.
One segment to see outflows during the week was commodity ETFs, with net redemptions of $268 million. The biggest loser in that space was the SPDR Gold Trust (GLD), with outflows of nearly $550 million.
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IEFA | iShares Core MSCI EAFE ETF | 1,190.22 | 37,398.33 | 3.29% |
| XLI | Industrial Select Sector SPDR Fund | 1,063.34 | 12,141.63 | 9.60% |
| VEA | Vanguard FTSE Developed Markets ETF | 910.67 | 63,897.86 | 1.45% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 713.41 | 38,285.39 | 1.90% |
| IVV | iShares Core S&P 500 ETF | 608.23 | 128,041.01 | 0.48% |
| XLF | Financial Select Sector SPDR Fund | 597.18 | 28,185.85 | 2.16% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 573.17 | 19,871.98 | 2.97% |
| IJR | iShares Core S&P Small Cap ETF | 481.40 | 34,280.11 | 1.42% |
| IWF | iShares Russell 1000 Growth ETF | 361.88 | 37,447.31 | 0.98% |
| IWD | iShares Russell 1000 Value ETF | 337.55 | 37,640.21 | 0.90% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -715.79 | 244,046.94 | -0.29% |
| TLT | iShares 20+ Year Treasury Bond ETF | -635.28 | 8,845.52 | -6.70% |
| QQQ | PowerShares QQQ Trust | -623.82 | 52,078.93 | -1.18% |
| GLD | SPDR Gold Trust | -546.21 | 34,865.28 | -1.54% |
| XLP | Consumer Staples Select Sector SPDR Fund | -488.51 | 8,293.99 | -5.56% |
| IYR | iShares U.S. Real Estate ETF | -386.75 | 4,183.93 | -8.46% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | -349.01 | 18,578.34 | -1.84% |
| IWB | iShares Russell 1000 ETF | -301.40 | 19,297.51 | -1.54% |
| SSO | ProShares Ultra S&P 500 | -268.71 | 1,929.81 | -12.22% |
| QLD | ProShares Ultra QQQ | -256.50 | 1,341.28 | -16.05% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 5,845.65 | 1,766,969.40 | 0.33% |
| International Equity | 3,555.08 | 742,217.97 | 0.48% |
| U.S. Fixed Income | 2,650.18 | 509,647.24 | 0.52% |
| International Fixed Income | 739.52 | 55,133.35 | 1.34% |
| Commodities | -268.15 | 65,282.11 | -0.41% |
| Currency | -67.56 | 1,316.84 | -5.13% |
| Leveraged | -324.77 | 30,021.30 | -1.08% |
| Inverse | -305.52 | 17,351.57 | -1.76% |
| Asset Allocation | 18.76 | 8,447.32 | 0.22% |
| Alternatives | 121.30 | 4,112.93 | 2.95% |
| Total: | 11,964.47 | 3,200,500.03 | 0.37% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1 Week Average Volume |
% of Average |
| KCE | SPDR S&P Capital Markets ETF | 9,141 | 33,562 | 367.15% |
| IBDD | iShares iBonds Mar 2023 Term Corporate ETF | 6,403 | 20,381 | 318.31% |
| FRAK | VanEck Vectors Unconventional Oil & Gas ETF | 36,323 | 125,456 | 345.39% |
| PDN | Powershares FTSE RAFI Developed Markets ex-US Small-Mid ETF | 26,036 | 72,409 | 278.12% |
| DMRM | DeltaShares S&P 400 Managed Risk ETF | 10 | 49 | 480.89% |
| QUS | SPDR MSCI USA StrategicFactors ETF | 3,437 | 11,506 | 334.79% |
| MLPC | C-Tracks Miller/Howard MLP Fundamental ETN | 1,871 | 6,400 | 342.04% |
| EGPT | VanEck Vectors Egypt Index ETF | 13,939 | 39,763 | 285.27% |
| FDIV | First Trust Strategic Income ETF | 14,548 | 65,313 | 448.95% |
| HYMB | SPDR Nuveen S&P High Yield Municipal Bond ETF | 100,601 | 326,368 | 324.42% |
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.
