ETF Weekly Flows Post $14B Loss

Equity-focused ETFs saw the largest losses.  

ShubhamSaharan_white_bg
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Reviewed by: Shubham Saharan
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Edited by: Shubham Saharan

Exchange-traded fund flows mirrored the market’s fall, losing nearly $14 billion in the week ending Sept. 23.  

Hardest hit were U.S. equity-focused ETFs, which posted $11.2 billion in outflows. U.S. fixed income ETFs shed $1.3 billion, the first time the asset classes saw losses since the week ending Aug. 19, ETF.com data shows. 

Equity markets plummeted after the news of the Federal Reserve’s third consecutive 75 basis point hike, sending the S&P tumbling more than 4.6%. Both the S&P and the Nasdaq composite recorded two back-to-back weeks of declines and four consecutive days of losses by Friday, Sept. 23.  

The iShares U.S. Treasury Bond ETF (GOVT), the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and the iShares 1-3 Year Treasury Bond ETF (SHY) were among the week’s top asset gatherers, while the Vanguard Total Stock Market ETF (VTI) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) were among the funds that saw the largest losses.  

For a full list of last week’s top inflows and outflows, see the tables below:   

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
ITOTiShares Core S&P Total U.S. Stock Market ETF1,765.4140,467.894.36%
IWMiShares Russell 2000 ETF1,176.5850,112.192.35%
SHYiShares 1-3 Year Treasury Bond ETF1,107.8326,948.504.11%
QQQInvesco QQQ Trust916.66153,770.770.60%
BILSPDR Bloomberg 1-3 Month T-Bill ETF901.3321,671.454.16%
BSVVanguard Short-Term Bond ETF692.5438,717.181.79%
TQQQProShares UltraPro QQQ613.8610,911.925.63%
SCHBSchwab U.S. Broad Market ETF533.9519,750.502.70%
BBEUJPMorgan BetaBuilders Europe ETF531.252,885.7818.41%
GOVTiShares U.S. Treasury Bond ETF398.1122,753.071.75%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
VTIVanguard Total Stock Market ETF-1,992.68249,201.77-0.80%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-1,744.7231,494.40-5.54%
VXFVanguard Extended Market ETF-1,589.3512,740.93-12.47%
VOVanguard Mid-Cap ETF-1,418.0847,160.11-3.01%
VBVanguard Small-Cap ETF-1,111.2339,063.72-2.84%
XLFFinancial Select Sector SPDR Fund-938.7028,818.03-3.26%
SQQQProShares UltraPro Short QQQ-832.845,634.58-14.78%
XBISPDR S&P Biotech ETF-824.116,700.24-12.30%
EEMiShares MSCI Emerging Markets ETF-784.3722,358.25-3.51%
VBRVanguard Small-Cap Value ETF-768.7721,865.88-3.52%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-11,241.633,635,937.80-0.31%
International Equity-223.651,041,049.88-0.02%
U.S. Fixed Income-1,277.781,087,334.75-0.12%
International Fixed Income-574.73135,882.72-0.42%
Commodities-993.63132,630.77-0.75%
Currency102.744,270.932.41%
Leveraged1,089.4941,634.182.62%
Inverse-1,008.6728,048.16-3.60%
Asset Allocation146.0516,278.910.90%
Alternatives163.158,564.621.90%
Total:-13,818.666,131,632.72-0.23%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity176,805.013,635,937.804.86%
International Equity63,767.401,041,049.886.13%
U.S. Fixed Income111,229.751,087,334.7510.23%
International Fixed Income5,509.95135,882.724.05%
Commodities3,361.00132,630.772.53%
Currency1,776.774,270.9341.60%
Leveraged19,296.7141,634.1846.35%
Inverse11,500.9228,048.1641.00%
Asset Allocation442.1416,278.912.72%
Alternatives2,094.688,564.6224.46%
Total:395,784.346,131,632.726.45%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
CYASimplify Tail Risk Strategy ETF10.15%118,17881.37
BDRYBreakwave Dry Bulk Shipping ETF8.28%934,86047.90
WEATTeucrium Wheat Fund7.57%8,214,636384.37
VIXYProShares VIX Short-Term Futures ETF6.06%54,730,335462.20
SPKXConvexityShares 1x SPIKES Futures ETF6.03%3,7652.86
IRHGGlobal X Interest Rate Hedge ETF5.17%4,9243.96
VXXiPath Series B S&P 500 VIX Short Term Futures ETN5.11%13,928,938504.36
RRHAdvocate Rising Rate Hedge ETF4.38%75,87439.79
GRUELEMENTS Linked to ICE BofAML Commodity index eXtra Grains - Total Return ETN4.34%25,7949.25
IDIVU.S. Equity Cumulative Dividends Fund-Series 20273.75%43,08530.20

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
UNGUnited States Natural Gas Fund LP101.36%-8.04%494.50
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN99.82%-7.55%26.46
UNLUnited States 12 Month Natural Gas Fund LP96.75%-7.72%39.93
PFIXSimplify Interest Rate Hedge ETF70.22%0.92%342.37
JJEiPath Series B Bloomberg Energy Subindex Total Return ETN60.32%0.00%7.53
PXEInvesco Dynamic Energy Exploration & Production ETF49.95%-3.70%266.46
RJNElements Rogers International Commodity Index-Energy TR ETN49.43%-2.35%8.37
IEOiShares U.S. Oil & Gas Exploration & Production ETF45.63%-3.10%960.34
FCGFirst Trust Natural Gas ETF42.06%-5.78%875.43
KMLMKFA Mount Lucas Index Strategy ETF41.55%0.89%244.53

 

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.

Shubham Saharan is a markets reporter at etf.com. Before joining the company, she reported for Bloomberg and the Financial Times. Saharan is a graduate of Barnard College of Columbia University.