ETFs Give Back Some Of Last Week’s Inflows

Weekly exchange-traded funds outflows totaled $20.2 billion.

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Reviewed by: Sumit Roy
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Edited by: Sumit Roy
ETFs registered outflows this week, as some of the heartbeat trades from last week reversed. The Vanguard Dividend Appreciation ETF (VIG) and the Schwab U.S. Dividend Equity ETF (SCHD) topped the outflows list, with redemptions of $12.3 billion and $4.6 billion, respectively—a mirror image of last week’s inflows.

Still, even with these reversals, weekly outflows totaled only $20.2 billion, a fraction of last week’s $71 billion haul. Year-to-date inflows now stand at $232.7 billion, more than triple the $66.8 billion seen at this same time a year ago.

Growth Stocks Sag

During the week, the S&P 500 continued to hover in a tight range around 3,900. At the same time, the 10-year Treasury bond yield backed off slightly from recent highs, with the rate last seen at 1.66% versus 1.72% a week ago.

While the broad stock market was largely range-bound, growth stocks took a beating this week. The ARK Innovation ETF (ARKK) got close to its low from three weeks ago, prompting investors to pull close to $500 million out of the fund over the past three days.

On the other hand, the SDPR S&P 500 ETF Trust (SPY), the Invesco QQQ Trust (QQQ) and the iShares U.S. Energy ETF (IYE) headlined the weekly inflows list, with creations of $8.8 billion, $4.3 billion and $968 million, respectively.

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
SPYSPDR S&P 500 ETF Trust8,847.81340,389.432.60%
QQQInvesco QQQ Trust4,250.04152,987.142.78%
IYEiShares U.S. Energy ETF968.411,765.6154.85%
VTIVanguard Total Stock Market ETF776.87218,696.450.36%
IWDiShares Russell 1000 Value ETF771.7349,856.881.55%
VOOVanguard S&P 500 ETF727.11201,757.620.36%
VXUSVanguard Total International Stock ETF604.9842,444.101.43%
IEMGiShares Core MSCI Emerging Markets ETF582.1176,812.620.76%
SPTLSPDR Portfolio Long Term Treasury ETF565.273,041.7318.58%
IUSBiShares Core Total USD Bond Market ETF553.5011,954.124.63%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
VIGVanguard Dividend Appreciation ETF-12,306.1954,363.69-22.64%
SCHDSchwab U.S. Dividend Equity ETF-4,641.5720,591.60-22.54%
VOVanguard Mid-Cap ETF-3,447.4344,581.26-7.73%
VBVanguard Small-Cap ETF-2,285.0341,943.09-5.45%
IWMiShares Russell 2000 ETF-1,957.4765,901.87-2.97%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-1,702.3143,000.49-3.96%
VXFVanguard Extended Market ETF-1,608.6515,032.91-10.70%
VBKVanguard Small-Cap Growth ETF-1,488.2714,644.14-10.16%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-1,248.7021,379.29-5.84%
VOTVanguard Mid-Cap Growth ETF-1,012.8510,014.59-10.11%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-26,019.013,364,632.70-0.77%
International Equity2,351.621,149,276.490.20%
U.S. Fixed Income1,711.78973,325.230.18%
International Fixed Income1,154.78129,601.530.89%
Commodities-416.85131,258.76-0.32%
Currency26.461,905.981.39%
Leveraged643.5751,079.331.26%
Inverse38.6811,855.950.33%
Asset Allocation142.6514,392.720.99%
Alternatives152.506,092.602.50%
Total:-20,213.825,833,421.28-0.35%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity112,498.583,364,632.703.34%
International Equity80,700.011,149,276.497.02%
U.S. Fixed Income27,481.04973,325.232.82%
International Fixed Income9,234.61129,601.537.13%
Commodities-5,126.90131,258.76-3.91%
Currency16.271,905.980.85%
Leveraged3,731.4551,079.337.31%
Inverse1,916.9811,855.9516.17%
Asset Allocation941.7914,392.726.54%
Alternatives1,256.816,092.6020.63%
Total:232,650.645,833,421.283.99%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
DFAUDimensional U.S. Core Equity Market ETF3,658,012.56%937,303574.20
DFAIDimensional International Core Equity Market ETF2,481,174.23%463,981262.25
DFAEDimensional Emerging Core Equity Market ETF21,598.75%351,939161.36
EDVVanguard Extended Duration Treasury ETF3.69%1,487,1391,019.60
GOVZiShares 25+ Year Treasury STRIPS Bond ETF3.65%37,37925.48
ZROZPIMCO 25+ Year Zero Coupon US Treasury Index ETF3.62%163,312308.38
BTALAGFiQ U.S. Market Neutral Anti-Beta Fund3.58%127,749101.03
LTPZPIMCO 15+ Year US TIPS Index ETF2.95%319,223621.19
TBJLInnovator 20+ Year Treasury Bond 9 Buffer ETF - July2.85%6,0294.59
TLTiShares 20+ Year Treasury Bond ETF2.58%61,089,18415,238.69

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
BDRYBreakwave Dry Bulk Shipping ETF116.88%-11.91%42.95
CNBSAmplify Seymour Cannabis ETF69.68%-6.84%147.34
POTXGlobal X Cannabis ETF62.73%-9.56%192.11
THCXThe Cannabis ETF60.32%-7.78%171.73
MJETFMG Alternative Harvest ETF58.82%-7.17%1,763.79
BLOKAmplify Transformational Data Sharing ETF53.92%-13.60%1,146.75
PXEInvesco Dynamic Energy Exploration & Production ETF40.72%-2.54%66.39
YOLOAdvisorShares Pure Cannabis ETF40.06%-8.43%395.61
TOKECambria Cannabis ETF40.03%-6.61%36.98
FCGFirst Trust Natural Gas ETF39.80%-4.18%187.84

 

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.