‘POCT’ Bolsters Weekly ETF Inflows

October 25, 2019

A relatively calm week in financial markets led to a solid inflow for U.S.-listed ETFs. A net $6.7 billion flowed into the space during the week ending Thursday, Oct. 24, pushing total assets under management further above $4 trillion. Year-to-date net inflows now stand at $218.6 billion, ahead of last year’s $205.5 billion pace.

Though U.S. stocks crept toward record highs, ETF investors didn’t show much interest in that segment. Inflows for U.S. equity ETFs were only $159 million.

On the other hand, international equity ETFs had heftier inflows of $1.6 billion, while U.S. fixed income ETFs gathered the lion’s share of this week’s inflows—$4.3 billion.

In terms of individual ETFs, the Innovator S&P 500 Power Buffer ETF – October (POCT) was the most noteworthy flows winner of the week. The fund doubled its assets to just over $600 million.

According to the issuer, “POCT tracks the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period.”
For the most recent estimates of the remaining cap and buffer percentages for POCT, see the issuer website.

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
ITOT iShares Core S&P Total U.S. Stock Market ETF 572.90 23,581.25 2.43%
HYG iShares iBoxx USD High Yield Corporate Bond ETF 521.15 19,207.94 2.71%
VTI Vanguard Total Stock Market ETF 438.48 125,553.83 0.35%
EWJ iShares MSCI Japan ETF 412.44 12,579.70 3.28%
JNK SPDR Bloomberg Barclays High Yield Bond ETF 411.86 10,680.42 3.86%
EZU iShares MSCI Eurozone ETF 320.88 5,884.50 5.45%
EMB iShares JP Morgan USD Emerging Markets Bond ETF 316.09 14,301.36 2.21%
BND Vanguard Total Bond Market ETF 310.81 46,195.81 0.67%
POCT Innovator S&P 500 Power Buffer ETF - October 300.33 601.59 49.92%
VO Vanguard Mid-Cap ETF 280.47 27,755.78 1.01%

 

Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
QQQ Invesco QQQ Trust -1,258.90 75,381.03 -1.67%
IVV iShares Core S&P 500 ETF -588.96 188,822.05 -0.31%
XLP Consumer Staples Select Sector SPDR Fund -581.00 13,748.26 -4.23%
IWM iShares Russell 2000 ETF -473.74 43,288.31 -1.09%
XLU Utilities Select Sector SPDR Fund -437.79 11,142.04 -3.93%
IJR iShares Core S&P Small Cap ETF -259.28 44,612.37 -0.58%
MDY SPDR S&P Midcap 400 ETF Trust -229.80 19,051.77 -1.21%
IYR iShares U.S. Real Estate ETF -202.12 4,833.89 -4.18%
EWQ iShares MSCI France ETF -171.83 1,096.48 -15.67%
SMH VanEck Vectors Semiconductor ETF -124.43 1,251.78 -9.94%

 

ETF Weekly Flows By Asset Class

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 158.99 2,331,850.20 0.01%
International Equity 1,565.64 820,617.98 0.19%
U.S. Fixed Income 4,313.79 736,676.19 0.59%
International Fixed Income 796.85 84,625.99 0.94%
Commodities 52.94 81,425.69 0.07%
Currency -35.99 1,499.92 -2.40%
Leveraged -113.15 35,797.43 -0.32%
Inverse 18.77 12,316.94 0.15%
Asset Allocation 24.17 10,307.99 0.23%
Alternatives -68.93 4,620.40 -1.49%
Total: 6,713.10 4,119,738.74 0.16%

 

Asset Classes (Year-to-Date)

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 83,863.51 2,331,850.20 3.60%
International Equity 328.54 820,617.98 0.04%
U.S. Fixed Income 111,025.23 736,676.19 15.07%
International Fixed Income 14,699.11 84,625.99 17.37%
Commodities 9,428.02 81,425.69 11.58%
Currency -293.51 1,499.92 -19.57%
Leveraged -6,379.63 35,797.43 -17.82%
Inverse 4,774.95 12,316.94 38.77%
Asset Allocation 349.65 10,307.99 3.39%
Alternatives 846.35 4,620.40 18.32%
Total: 218,642.24 4,119,738.74 5.31%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
IG Principal Investment Grade Corporate Active ETF 432 1,548 358.58%
DBEU Xtrackers MSCI Europe Hedged Equity ETF 217,736 627,205 288.06%
DJCI ETRACS Bloomberg Commodity Index Total Return ETN 4,010 10,450 260.63%
PJAN Innovator S&P 500 Power Buffer ETF - January 9,881 24,944 252.44%
FLTB Fidelity Limited Term Bond ETF 11,331 30,447 268.71%
AWTM Aware Ultra-Short Duration Enhanced Income ETF 68,353 446,601 653.38%
AIRR First Trust RBA American Industrial Renaissance ETF 7,373 16,225 220.06%
EFG iShares MSCI EAFE Growth ETF 261,696 524,051 200.25%
VFVA Vanguard U.S. Value Factor ETF 3,766 9,706 257.75%
FBZ First Trust Brazil AlphaDEX Fund 4,122 5,902 143.19%

 

Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
OIH VanEck Vectors Oil Services ETF 7.21% 38,650,011 667.93
IEZ iShares U.S. Oil Equipment & Services ETF 7.13% 462,479 85.85
FXN First Trust Energy AlphaDEX Fund 5.71% 343,217 95.26
XES SPDR S&P Oil & Gas Equipment & Services ETF 5.63% 4,662,370 143.67
PSCE Invesco S&P SmallCap Energy ETF 5.38% 120,294 19.34
PXJ Invesco Dynamic Oil & Gas Services ETF 5.20% 95,256 11.90
PXE Invesco Dynamic Energy Exploration & Production ETF 4.97% 22,023 26.67
FRAK VanEck Vectors Unconventional Oil & Gas ETF 4.95% 38,508 17.03
FLBR Franklin FTSE Brazil ETF 4.90% 3,094 16.42
EWZ iShares MSCI Brazil ETF 4.81% 98,086,058 9,094.94

 

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
JJN iPath Series B Bloomberg Nickel Subindex Total Return ETN 59.45% 2.42% 8.72
TAN Invesco Solar ETF 57.74% 0.24% 423.40
INR Market Vectors-Indian Rupee/USD ETN 57.73% -3.66% 1.05
ITB iShares U.S. Home Construction ETF 52.27% -0.22% 1,399.78
PKB Invesco Dynamic Building & Construction ETF 43.44% -0.19% 115.86
GREK Global X MSCI Greece ETF 43.39% 1.65% 334.22
SMH VanEck Vectors Semiconductor ETF 42.66% -0.66% 1,251.78
XHB SPDR S&P Homebuilders ETF 41.73% -0.07% 803.19
FTXL First Trust Nasdaq Semiconductor ETF 41.41% -1.43% 27.98
SOXX iShares PHLX Semiconductor ETF 41.25% -0.87% 1,936.28

 

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.

Find your next ETF

Reset All