ETFs Start 2022 With $24B In Flows

January 07, 2022

The U.S. ETF industry kicked off 2022 with inflows shy of $24 billion in the period between Dec. 31, 2021 and Thursday, or $7.1 billion more than in the first week of 2021. Just over $15.4 billion of that figure came from inflows from Jan. 3 through Thursday, according to ETF.com data provider FactSet.

Broad Market, Leveraged Tech Leads

The SPDR S&P 500 ETF Trust (SPY) continued its run atop the inflow charts with $4.2 billion in new assets during the period. The iShares Core S&P 500 ETF (IVV) and the Vanguard Total Stock Market ETF (VTI) followed far behind, with respective inflows of $1.8 billion and $1.1 billion.

Dip buying was also out in force on the week in tech, with the ProShares UltraPro QQQ (TQQQ) being the only other fund past the $1 billion inflow mark. TQQQ added $1.1 billion despite a large rotation out of growth-oriented tech stocks as the Federal Reserve signals its intent to raise rates.

The Invesco QQQ Trust (QQQ) has lost 4.7% as of 1:15 p.m. Eastern Time from its opening price Monday.

The Financial Select Sector SPDR Fund (XLF) led sector-specific ETFs in new assets, with $980.55 million on the week when Treasury yields started to approach prepandemic levels. The Health Care Select Sector SPDR Fund (XLV), the Energy Select Sector SPDR Fund (XLE) and the VanEck Semiconductor ETF (SMH) also appeared on the top performers list, with respective inflows of $880.2 million, $719.1 million and $601.5 million.

TLT’s Black Monday

The iShares 20+ Year Treasury Bond ETF (TLT) saw the deepest outflows of the week by far, losing $1.1 billion in the period. Just under $1.17 billion of that was pulled out on Monday alone, likely due to more risk-on appetite in the marketplace and new corporate bond issuances in the new year.

The SPDR Bloomberg High Yield Bond ETF (JNK) and the iShares 3-7 Year Treasury Bond ETF (IEI) rounded out the fixed income ETFs on the largest outflows list, with respective losses of $476.9 million and $372.6 million.

The iShares Russell 2000 ETF (IWM) had the second largest outflows on the week, with $883.2 million in losses, driven mostly by a $479.3 million outflow on New Year’s Eve and a $495.6 million loss on Tuesday.

The Vanguard S&P 500 ETF (VOO) rounded out the top three losers with a $756 million outflow, likely due to last-minute profit-taking before 2021’s end. The fund saw $1.8 billion in outflows during December.

 

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
SPY SPDR S&P 500 ETF Trust 4,201.74 450,567.08 0.93%
IVV iShares Core S&P 500 ETF 1,800.09 331,349.46 0.54%
VTI Vanguard Total Stock Market ETF 1,116.52 294,379.55 0.38%
TQQQ ProShares UltraPro QQQ 1,087.27 19,298.10 5.63%
XLF Financial Select Sector SPDR Fund 980.45 46,869.59 2.09%
XLV Health Care Select Sector SPDR Fund 880.17 35,458.78 2.48%
DIA SPDR Dow Jones Industrial Average ETF Trust 806.64 31,103.29 2.59%
XLE Energy Select Sector SPDR Fund 719.09 28,875.17 2.49%
VEA Vanguard FTSE Developed Markets ETF 613.33 110,288.22 0.56%
SMH VanEck Semiconductor ETF 601.52 7,722.27 7.79%

 

Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
TLT iShares 20+ Year Treasury Bond ETF -1,616.53 17,464.75 -9.26%
IWM iShares Russell 2000 ETF -883.21 67,122.84 -1.32%
VOO Vanguard S&P 500 ETF -756.03 274,947.21 -0.27%
IWD iShares Russell 1000 Value ETF -589.31 59,790.93 -0.99%
USSG Xtrackers MSCI U.S.A. ESG Leaders Equity ETF -496.94 3,642.77 -13.64%
JNK SPDR Bloomberg High Yield Bond ETF -476.91 9,363.47 -5.09%
XBI SPDR S&P Biotech ETF -423.64 6,363.68 -6.66%
IGV iShares Expanded Tech-Software Sector ETF -409.17 5,155.10 -7.94%
XLU Utilities Select Sector SPDR Fund -399.18 12,479.97 -3.20%
IEI iShares 3-7 Year Treasury Bond ETF -372.60 9,966.61 -3.74%

 

ETF Weekly Flows By Asset Class

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 18,348.23 4,326,411.81 0.42%
International Equity 3,073.45 1,301,007.90 0.24%
U.S. Fixed Income -492.54 1,101,292.14 -0.04%
International Fixed Income 1,151.55 159,693.32 0.72%
Commodities 602.80 137,863.96 0.44%
Currency -47.20 3,058.41 -1.54%
Leveraged 785.62 73,034.69 1.08%
Inverse 153.50 11,934.71 1.29%
Asset Allocation 182.28 20,755.51 0.88%
Alternatives 182.81 7,075.78 2.58%
Total: 23,940.49 7,142,128.24 0.34%

 

Asset Classes (Year-to-Date)

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 12,121.43 4,326,411.81 0.28%
International Equity 2,552.13 1,301,007.90 0.20%
U.S. Fixed Income -1,801.40 1,101,292.14 -0.16%
International Fixed Income 666.78 159,693.32 0.42%
Commodities 544.60 137,863.96 0.40%
Currency -68.83 3,058.41 -2.25%
Leveraged 883.92 73,034.69 1.21%
Inverse 147.73 11,934.71 1.24%
Asset Allocation 182.80 20,755.51 0.88%
Alternatives 183.15 7,075.78 2.59%
Total: 15,412.31 7,142,128.24 0.22%

 

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
TADS The Active Dividend Stock ETF 23.83% 1,187,212 0.29
OIH VanEck Oil Services ETF 9.82% 2,754,926 2,436.56
URNM North Shore Global Uranium Mining ETF 9.80% 1,388,931 776.93
XES SPDR S&P Oil & Gas Equipment & Services ETF 9.71% 243,891 136.39
IEZ iShares U.S. Oil Equipment & Services ETF 9.62% 1,475,389 115.06
GRN iPath Series B Carbon ETN 9.07% 385,489 142.47
SARK Tuttle Capital Short Innovation ETF 8.94% 2,383,876 103.09
PXJ Invesco Dynamic Oil & Gas Services ETF 8.49% 645,353 23.14
URA Global X Uranium ETF 8.46% 10,244,771 1,280.78
KEUA KraneShares European Carbon Allowance Strategy ETF 8.44% 69,150 124.94

 

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
TADS The Active Dividend Stock ETF 23.83% 23.83% 0.29
NORW Global X MSCI Norway ETF 21.00% 0.26% 79.88
NVMZ TrueShares Structured Outcome ETF - November 14.66%   79.88
OIH VanEck Oil Services ETF 9.82% 9.82% 2,436.56
URNM North Shore Global Uranium Mining ETF 9.80% 9.80% 776.93
XES SPDR S&P Oil & Gas Equipment & Services ETF 9.71% 9.71% 136.39
IEZ iShares U.S. Oil Equipment & Services ETF 9.62% 9.62% 115.06
GRN iPath Series B Carbon ETN 9.07% 9.07% 142.47
SARK Tuttle Capital Short Innovation ETF 8.94% 8.94% 103.09
SULR SmartETFs Sustainable Energy II ETF 8.64% 0.00% 103.09

 

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