ETFs Gained $28B Last Week

SPY led the pack in new creations during the week ended May 28.

ETF.com
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Reviewed by: etf.com Staff
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Edited by: etf.com Staff

U.S.-listed ETFs gained $28 billion during the week ended Friday, May 27, with three funds tracking the S&P 500 Index leading the way. The SPDR S&P 500 ETF Trust (SPY), the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO) added $4.1 billion, $2.1 billion and $1.4 billion, respectively.  

Interestingly, another widely followed ETF led redemptions; the Invesco QQQ Trust (QQQ) lost $1.4 billion during the week, more than any other ETF. Last week, QQQ was in the No. 4 spot on the inflow table. 

That slot in the ranking was claimed this week by the iShares MSCI Emerging Markets Min Vol ETF (EEMV), with a $1.4 billion gain, continuing its streak from the prior week, in which it gained $1 billion. The Health Care Select Sector SPDR (XLV) added $946.1 million.  

Half the ETFs in the top 10 for creations were fixed income ETFs, with the iShares National Muni ETF (MUB) gaining $1.2 billion and landing in the No. 5 spot. The iShares 20+ Year Treasury Bond ETF (TLT) added $919.4 million, while corporate bond ETFs claimed the bottom three rungs.  

Interesting Mix 

Beyond QQQ, the list of redemptions was all over the place in terms of asset classes and strategy.  

The JPMorgan Realty Income ETF (JPRE), which just completed its conversion into an ETF from a mutual fund, lost $655.3 million during the week. It was followed by the iShares ESG Aware MSCI EM ETF (ESGE) and the iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT), which lost $515.2 million and $419 million, respectively.   

Two factor funds also landed on the top redemptions list for the week. The Invesco S&P 500 Low Volatility ETF (SPLV) lost $326.4 million, while the iShares MSCI USA Value Factor ETF (VLUE) lost $282 million. It could be that investors are more comfortable with risk and growth in the wake of the near miss on a bear market at the end of the week prior to last.  

Fixed income ETFs claimed three spots among the ETFs leading redemptions. The iShares Short Treasury Bond ETF (SHV) lost $411.2 million, and the iShares Core 1-5 Year USD Bond ETF (ISTB) saw outflows of $310.8 million. The Xtrackers Low Beta High Yield Bond ETF (HYDW) lost $282.6 million.  

Despite S&P 500 ETFs topping the outflows list, the Vanguard Total Stock Market ETF (VTI) was one of the biggest losers of the week, though the $288.1 million that drained from it during the week was barely a blip relative to its more than $261 billion in AUM.  

 

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 Trust4,046.57370,427.821.09%
IVViShares Core S&P 500 ETF2,122.26295,352.470.72%
VOOVanguard S&P 500 ETF1,449.16255,602.180.57%
EEMViShares MSCI Emerging Markets Min Vol Factor ETF1,354.265,835.3523.21%
MUBiShares National Muni Bond ETF1,219.8628,928.444.22%
XLVHealth Care Select Sector SPDR Fund946.0738,882.632.43%
TLTiShares 20+ Year Treasury Bond ETF919.4021,015.864.37%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF834.0034,330.722.43%
HYGiShares iBoxx USD High Yield Corporate Bond ETF715.9315,027.994.76%
JNKSPDR Bloomberg High Yield Bond ETF714.067,276.899.81%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
QQQInvesco QQQ Trust-1,359.88162,486.86-0.84%
JPREJPMorgan Realty Income ETF-655.311,142.25-57.37%
ESGEiShares ESG Aware MSCI EM ETF-515.204,742.67-10.86%
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-419.022,903.01-14.43%
SHViShares Short Treasury Bond ETF-411.2019,828.53-2.07%
SPLVInvesco S&P 500 Low Volatility ETF-326.3510,187.05-3.20%
ISTBiShares Core 1-5 Year USD Bond ETF-310.815,657.26-5.49%
VTIVanguard Total Stock Market ETF-288.10261,053.35-0.11%
HYDWXtrackers Low Beta High Yield Bond ETF-282.591,216.39-23.23%
VLUEiShares MSCI USA Value Factor ETF-281.9910,256.75-2.75%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity16,190.733,867,744.500.42%
International Equity2,385.411,183,133.080.20%
U.S. Fixed Income8,597.301,089,532.980.79%
International Fixed Income419.56143,809.380.29%
Commodities-36.62163,614.37-0.02%
Currency-9.214,087.94-0.23%
Leveraged115.2052,746.090.22%
Inverse156.2118,305.910.85%
Asset Allocation58.8918,106.720.33%
Alternatives113.997,618.271.50%
Total:27,991.466,548,699.240.43%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity97,827.733,867,744.502.53%
International Equity57,203.371,183,133.084.83%
U.S. Fixed Income54,711.141,089,532.985.02%
International Fixed Income6,088.55143,809.384.23%
Commodities17,599.47163,614.3710.76%
Currency1,385.594,087.9433.89%
Leveraged12,951.4952,746.0924.55%
Inverse3,166.3718,305.9117.30%
Asset Allocation812.3718,106.724.49%
Alternatives611.757,618.278.03%
Total:252,357.836,548,699.243.85%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
KEUAKraneShares European Carbon Allowance Strategy ETF9.94%23,191190.26
GRNiPath Series B Carbon ETN9.83%154,80384.82
XRTSPDR S&P Retail ETF8.30%33,027,863586.33
PSCEInvesco S&P SmallCap Energy ETF7.25%1,204,156183.45
FCGFirst Trust Natural Gas ETF6.67%10,436,922923.82
XMPTVanEck CEF Muni Income ETF6.50%629,667159.34
BICKFirst Trust BICK Index Fund6.27%5,16916.75
KRBNKraneShares Global Carbon Strategy ETF6.25%733,0271,267.42
JHMCJohn Hancock Multifactor Consumer Discretionary ETF6.24%3,14113.88
PXEInvesco Dynamic Energy Exploration & Production ETF6.12%734,869315.28

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN142.41%1.87%32.69
UNGUnited States Natural Gas Fund LP138.03%-1.13%545.59
UNLUnited States 12 Month Natural Gas Fund LP123.45%-0.57%50.30
JJEiPath Series B Bloomberg Energy Subindex Total Return ETN85.90%-1.59%9.06
RJNElements Rogers International Commodity Index-Energy TR ETN79.17%2.83%13.54
UGAUnited States Gasoline Fund LP72.19%3.01%155.25
PXEInvesco Dynamic Energy Exploration & Production ETF68.87%6.12%315.28
FCGFirst Trust Natural Gas ETF62.98%6.67%923.82
OIHVanEck Oil Services ETF59.91%5.40%3,709.48
DBEInvesco DB Energy Fund59.78%3.72%292.06

 

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.

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