YTD Inflows Near $400B Despite Junk Bond Outflows

Another week, another record for ETF inflows. About $5.4 billion flowed into U.S.-listed ETFs during the week ending Thursday, Nov. 16, according to FactSet, pushing year-to-date inflows to $398 billion.

Encouraged by the passage of the Republican tax reform bill in the House of Representatives, investors added $3.7 billion to U.S. equity ETFs. The positive mood spilled over into international equity ETFs also, which had inflows of $1.6 billion of their own.

However, the week was not without worries. The S&P 500 fell slightly for a second-straight week amid the realization that there is still a lot of work to be done to reconcile the House and Senate versions of the tax bills.

There was also some angst about this month's dip in the junk bond market. ETFs such as the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) hit seven-month lows during the middle of the week before rebounding modestly.

Big Outflows

The junk bond duo had sizable outflows of $348 million and $934 million, respectively, this week.

Also finding themselves on the weekly outflows list were the WisdomTree Europe Hedged Equity Fund (HEDJ), the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the iShares 20+ Year Treasury Bond ETF (TLT).

On the flip side, the PowerShares QQQ Trust (QQQ) topped the weekly inflows list, followed by the First Trust Technology AlphaDex Fund (FXL) and the iShares Core U.S. Aggregate Bond ETF (AGG).

For a full list of this week's top inflows and outflows, see the tables below.

Top 10 Creations (All ETFs)

Top 10 Redemptions (All ETFs)

ETF Weekly Flows By Asset Class

Top 10 Volume Surprises, Funds >$50 mm AUM

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.