YTD ETF Inflows Approach $100B

Feb 21, 2020

Reviewed by: Sumit Roy

Edited by: Sumit Roy

A modest sell-off in equity markets didn't stop investors from adding to their ETF holdings this week. The S&P 500 declined in every session but one during the holiday-shortened trading week, yet U.S.-listed ETFs registered net inflows of $9 billion. That brought year-to-date inflows up to $98.3 billion, well ahead of last year's $9.4 billion pace.

U.S. equity ETFs picked up the most new cash of all segments, $3.2 billion. That was followed by U.S. fixed-income ETFs, with inflows of $3.1 billion. This week, the benchmark U.S. 10-year Treasury yield dipped below 1.44% for the first time since September, pushing the prices of many bond ETFs higher (bond prices and yields move inversely).

Commodity ETFs also saw some decent demand during the week, led by the nearly $600 million that flowed into the SPDR Gold Trust (GLD).

Only the Invesco S&P 500 Low Volatility ETF (SPLV), the Invesco QQQ Trust (QQQ) and the SPDR Portfolio S&P 500 ETF (SPLG) had larger inflows than GLD during the period.

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
SPLV	Invesco S&P 500 Low Volatility ETF	1,211.17	14,365.77	8.43%
QQQ	Invesco QQQ Trust	1,073.11	99,437.65	1.08%
SPLG	SPDR Portfolio S&P 500 ETF	699.64	4,768.95	14.67%
GLD	SPDR Gold Trust	597.16	48,159.75	1.24%
IBB	iShares NASDAQ Biotechnology ETF	586.94	7,598.29	7.72%
VTI	Vanguard Total Stock Market ETF	549.68	149,376.03	0.37%
VEA	Vanguard FTSE Developed Markets ETF	531.85	81,531.82	0.65%
AGG	iShares Core U.S. Aggregate Bond ETF	502.93	74,405.54	0.68%
TLT	iShares 20+ Year Treasury Bond ETF	462.34	19,927.45	2.32%
MTUM	iShares Edge MSCI U.S.A. Momentum Factor ETF	431.46	11,110.04	3.88%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
SPY	SPDR S&P 500 ETF Trust	-1,983.48	322,313.98	-0.62%
IVV	iShares Core S&P 500 ETF	-1,237.24	220,213.77	-0.56%
JNK	SPDR Bloomberg Barclays High Yield Bond ETF	-791.87	9,650.49	-8.21%
BBJP	JPMorgan BetaBuilders Japan ETF	-671.13	3,234.08	-20.75%
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	-669.15	35,172.92	-1.90%
XLU	Utilities Select Sector SPDR Fund	-447.51	12,153.25	-3.68%
XLB	Materials Select Sector SPDR Fund	-383.98	4,061.51	-9.45%
EWJ	iShares MSCI Japan ETF	-320.10	12,452.73	-2.57%
XT	iShares Exponential Technologies ETF	-258.81	2,558.56	-10.12%
QUAL	iShares Edge MSCI U.S.A. Quality Factor ETF	-247.24	17,863.77	-1.38%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	3,216.60	2,683,294.14	0.12%
International Equity	896.34	909,585.43	0.10%
U.S. Fixed Income	3,098.24	799,984.15	0.39%
International Fixed Income	645.51	95,757.51	0.67%
Commodities ETFs	808.98	89,196.77	0.91%
Currency	22.35	1,409.55	1.59%
Leveraged	-120.27	45,337.74	-0.27%
Inverse	220.20	11,286.00	1.95%
Asset Allocation	38.65	11,085.86	0.35%
Alternatives	123.53	4,996.55	2.47%
Total:	8,950.14	4,651,933.70	0.19%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	38,709.39	2,683,294.14	1.44%
International Equity	16,916.49	909,585.43	1.86%
U.S. Fixed Income	31,109.49	799,984.15	3.89%
International Fixed Income	4,399.38	95,757.51	4.59%
Commodities ETFs	4,185.83	89,196.77	4.69%
Currency	80.75	1,409.55	5.73%
Leveraged	1,420.89	45,337.74	3.13%
Inverse	627.41	11,286.00	5.56%
Asset Allocation	272.56	11,085.86	2.46%
Alternatives	549.16	4,996.55	10.99%
Total:	98,271.36	4,651,933.70	2.11%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker	Name	Average Volume (30 Day)	1 Week Average Volume	% of Average
WBND	Western Asset Total Return ETF	34,009	145,280	427.18%
CCOR	Core Alternative ETF	26,808	102,117	380.92%
SUSL	iShares ESG MSCI USA Leaders ETF	24,347	100,726	413.71%
POCT	Innovator S&P 500 Power Buffer ETF - October	88,754	302,161	340.45%
TPHD	Timothy Plan High Dividend Stock ETF	26,224	75,464	287.77%
PSCF	Invesco S&P SmallCap Financials ETF	6,684	18,534	277.28%
DEUS	Xtrackers Russell 1000 Comprehensive Factor ETF	25,073	73,060	291.39%
MINC	AdvisorShares Newfleet Multi-Sector Income ETF	4,604	15,608	339.00%
HAP	VanEck Vectors Natural Resources ETF	20,052	40,966	204.30%
FDHY	Fidelity High Yield Factor ETF	28,006	68,928	246.12%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
PALL	Aberdeen Standard Physical Palladium Shares ETF	11.20%	245,652	464.47
CNRG	SPDR S&P Kensho Clean Power ETF	9.04%	64,005	29.30
TAN	Invesco Solar ETF	8.61%	1,770,571	670.20
ACES	ALPS Clean Energy ETF	7.78%	318,358	190.83
PBW	Invesco WilderHill Clean Energy ETF	7.53%	651,927	365.88
GDXJ	VanEck Vectors Junior Gold Miners ETF	7.49%	51,188,111	5,312.31
SILJ	ETFMG Prime Junior Silver Miners ETF	6.84%	1,742,865	161.70
UNG	United States Natural Gas Fund LP	6.56%	9,693,789	546.15
SLVP	iShares MSCI Global Silver Miners ETF	6.36%	534,676	100.79
SIL	Global X Silver Miners ETF	6.07%	899,928	560.91

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
PALL	Aberdeen Standard Physical Palladium Shares ETF	38.94%	11.20%	464.47
TAN	Invesco Solar ETF	35.91%	8.61%	670.20
PBW	Invesco WilderHill Clean Energy ETF	30.73%	7.53%	365.88
ACES	ALPS Clean Energy ETF	28.88%	7.78%	190.83
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	24.99%	6.02%	248.13
ARKW	ARK Next Generation Internet ETF	24.33%	2.76%	603.83
FNGS	MicroSectors FANG+ ETN	24.02%	4.40%	41.30
LIT	Global X Lithium & Battery Tech ETF	22.93%	1.90%	635.91
CNRG	SPDR S&P Kensho Clean Power ETF	22.77%	9.04%	29.30
ICLN	iShares Global Clean Energy ETF	21.19%	6.00%	701.70

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

| Contact: [email protected]

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.

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YTD ETF Inflows Approach $100B

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