US ETF Inflows Near $100B For Year

The S&P 500 hit a two-month high, giving investors confidence to buy U.S. equity ETFs.

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Reviewed by: Sumit Roy
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Edited by: Sumit Roy

May continued to be a positive month for ETF inflows, as the space netted $6.1 billion during the week ending Thursday, May 10. U.S. equity ETFs saw $6.8 billion in inflows, including powerhouses like the iShares Core S&P 500 ETF (IVV) and the PowerShares QQQ Trust (QQQ). Year-to-date inflows now stand at $94.7 billion.

A solid rally in equity markets this week gave investors confidence to put new money to work. The S&P 500 climbed 2.3% week-over-week thanks to a 4.1% jump in the energy sector. U.S. oil prices topped $70 for the first time since 2014 this week after President Trump pulled the country out of the Iran nuclear deal.

A weaker-than-expected reading on U.S. consumer price inflation also aided the S&P 500, which now sits at the highest level in nearly two months. That inflation reading also pushed interest rates down from their highs of the week. The U.S. 10-year Treasury yield briefly hit 3.01% before falling to 2.97%. Still, it was up about 3 basis points from last week.

With yields biased upward, fixed-income investors favored short-duration bond ETFs, such as the iShares 1-3 Year Treasury Bond ETF (SHY) and the Schwab Short-Term US Treasury ETF (SCHO).

On the other hand, the iShares iBoxx USD High Yield Corporate Bond ETF (HYG), the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and the iShares 20+ Treasury Bond ETF (TLT) were a trio of bond ETFs to fall out of favor during the week.

In aggregate, U.S. fixed-income ETFs had a net $1.1 billion of inflows.

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

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Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IVViShares Core S&P 500 ETF5,238.54149,966.523.62%
QQQPowerShares QQQ Trust1,753.0363,864.572.82%
SHYiShares 1-3 Year Treasury Bond ETF1,156.1213,751.649.18%
VEAVanguard FTSE Developed Markets ETF472.9272,808.370.65%
VOOVanguard S&P 500 ETF435.9289,316.110.49%
XLKTechnology Select Sector SPDR Fund331.8221,214.201.59%
SCHOSchwab Short-Term US Treasury ETF329.942,695.4513.95%
IJRiShares Core S&P Small Cap ETF309.4639,343.190.79%
SPYGSPDR Portfolio S&P 500 Growth ETF265.962,492.4511.95%
VBVanguard Small-Cap ETF227.6322,723.541.01%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-2,341.48256,916.78-0.90%
EEMiShares MSCI Emerging Markets ETF-711.1239,864.23-1.75%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-571.4514,616.99-3.76%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF-549.5931,628.97-1.71%
IYRiShares U.S. Real Estate ETF-391.262,969.67-11.64%
XLUUtilities Select Sector SPDR Fund-370.456,810.08-5.16%
VWOVanguard FTSE Emerging Markets ETF-352.9566,378.62-0.53%
TLTiShares 20+ Year Treasury Bond ETF-332.007,088.35-4.47%
MBBiShares MBS ETF-321.0111,743.13-2.66%
EZUiShares MSCI Eurozone ETF-315.0413,484.20-2.28%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity6,770.851,950,584.240.35%
International Equity-1,540.16845,371.18-0.18%
U.S. Fixed Income1,066.83535,788.410.20%
International Fixed Income-327.1562,740.30-0.52%
Commodities 81.8570,871.570.12%
Currency-21.691,373.66-1.58%
Leveraged-439.0136,353.33-1.21%
Inverse307.3613,517.532.27%
Asset Allocation-1.679,179.40-0.02%
Alternatives165.884,341.383.82%
Total:6,063.103,530,121.000.17%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
RFCIRiverFront Dynamic Core Income ETF31,926165,123517.20%
QDFlexShares Quality Dividend Index Fund198,420876,753441.87%
IBDQiShares iBonds Dec 2025 Term Corporate ETF66,544256,131384.91%
RFAPFirst Trust RiverFront Dynamic Asia Pacific6,47723,718366.20%
ACIMSPDR MSCI ACWI IMI ETF7,27721,840300.12%
ESGUiShares MSCI U.S.A. ESG Optimized ETF10,32133,253322.18%
LOWCSPDR MSCI ACWI Low Carbon Target ETF3,77410,885288.45%
BSCNPowerShares BulletShares 2023 Corporate Bond Portfolio100,648289,219287.36%
QLTAiShares Aaa-A Rated Corporate Bond ETF8,95021,341238.45%
NFOPowerShares Insider Sentiment Portfolio2,3535,044214.38%

 

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.