ETFs Eke Out Weekly Inflows

U.S.-listed ETFs narrowly avoided back-to-back outflows thanks to strong inflows for U.S. fixed-income ETFs.

sumit
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Senior ETF Analyst
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Reviewed by: Sumit Roy
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Edited by: Sumit Roy

ETFs narrowly escaped having back-to-back weekly outflows for a second time this year. After recording a beefy outflow of $21.6 billion last week, U.S.-listed ETFs eked out a meager $670 million net inflow this week. That pushed year-to-date inflows up slightly to $121 million.

Recent flows patterns maintained themselves this week as equity ETFs were largely shunned in favor of fixed-income ETFs. Specifically, international equity ETFs had outflows of $1.9 billion, while U.S. fixed-income ETFs had inflows of $2.8 billion.

Commodity ETFs were another area to see action. They saw redemptions of more than $1 billion, largely due to a $690 million outflow from the SPDR Gold Trust (GLD).

Winners & Losers

The top flows winners this week included the iShares 20+ Year Treasury Bond ETF (TLT), the iShares Russell 2000 ETF (IWM) and the iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD).

On the outflows side, the iShares MSCI EAFE ETF (EFA), the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) and the Vanguard FTSE Emerging Markets ETF (VWO) were among the biggest losers.

During the week, the S&P 500 rallied to a two-week high; emerging market stocks hovered near recent one-year lows; and the U.S. 10-year Treasury yield remained flat around 2.83%.

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

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
TLTiShares 20+ Year Treasury Bond ETF595.517,839.218.22%
IWMiShares Russell 2000 ETF438.8247,770.820.93%
IVViShares Core S&P 500 ETF408.99148,406.220.28%
AGGiShares Core U.S. Aggregate Bond ETF349.6555,557.000.63%
VNQVanguard Real Estate ETF300.7031,487.930.96%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF297.2133,254.980.90%
SLQDiShares 0-5 Year Investment Grade Corporate Bond ETF294.561,234.2831.35%
XLUUtilities Select Sector SPDR Fund290.107,960.383.78%
IEFiShares 7-10 Year Treasury Bond ETF286.358,840.913.35%
IYRiShares U.S. Real Estate ETF240.504,097.066.24%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
EFAiShares MSCI EAFE ETF-796.8071,310.86-1.11%
GLDSPDR Gold Trust-686.5532,321.36-2.08%
SPYSPDR S&P 500 ETF Trust-597.40258,108.88-0.23%
QQQInvesco QQQ Trust-595.4865,083.11-0.91%
JNKSPDR Bloomberg Barclays High Yield Bond ETF-476.868,966.00-5.05%
VWOVanguard FTSE Emerging Markets ETF-400.6059,789.60-0.67%
DIASPDR Dow Jones Industrial Average ETF Trust-327.0620,534.70-1.57%
IJHiShares Core S&P Mid-Cap ETF-301.8347,007.02-0.64%
DBOInvesco DB Oil Fund-215.57377.97-36.32%
SOXXiShares PHLX Semiconductor ETF-203.891,566.86-11.51%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity748.631,998,416.450.04%
International Equity-1,944.65784,036.83-0.25%
U.S. Fixed Income2,810.20554,146.850.51%
International Fixed Income-190.7561,698.94-0.31%
Commodities -1,016.3964,807.73-1.57%
Currency-4.961,208.07-0.41%
Leveraged391.3135,517.771.10%
Inverse-71.0813,094.29-0.54%
Asset Allocation1.559,201.710.02%
Alternatives-53.944,343.61-1.24%
Total:669.913,526,472.250.02%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
HYDWXtrackers Low Beta High Yield Bond ETF112233208.67%
JPMFJPMorgan Managed Futures Strategy ETF2,9016,198213.63%
DJPiPath Bloomberg Commodity Index Total Return ETN409,127987,671241.41%
LRGFiShares Edge MSCI Multifactor U.S.A. ETF272,470787,520289.03%
RZVInvesco S&P SmallCap 600 Pure Value ETF10,81546,156426.78%
HUSEUS Market Rotation Strategy ETF14,91049,975335.18%
CSDInvesco S&P Spin-Off ETF4,4499,261208.14%
GAACambria Global Asset Allocation ETF13,19828,417215.30%
PFIInvesco DWA Financial Momentum ETF21,936163,819746.80%
IFGLiShares International Developed Real Estate ETF59,133151,346255.94%

 

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 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.