Exchange-traded funds pulled in $13.8 billion in the week ending Oct. 7, the majority of which came from fixed income assets, as investors sought reprieve from volatile markets in the investment vehicle.
Fixed income ETFs pulled in nearly $8.4 billion last week, almost 24% greater than the previous week, according to ETF.com data. Investors fled to the safe haven as market turbulence continued and newly published data showed a hotter-than-expected job market despite the Federal Reserve’s continuing efforts to cool growth.
The yield on the benchmark 10-year note traded at nearly 3.9% on Monday, as better-than-expected job numbers put an end to any hope of the central bank easing its hawkish tilt.
The week’s best performers included the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL).
U.S. equity-focused funds pulled in $4.5 billion, less than half the amount the asset class saw in the previous week. The S&P 500 ended the week down 2.8%, its largest daily slide in almost three weeks.
ETFs that saw the largest losses included the iShares Core S&P Total U.S. Stock Market ETF (ITOT), the Invesco QQQ Trust (QQQ) and the SPDR S&P 500 ETF Trust (SPY).
For a full list of last week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | 1,312.16 | 33,078.57 | 3.97% |
| IWM | iShares Russell 2000 ETF | 1,234.72 | 51,351.04 | 2.40% |
| HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 1,149.44 | 13,512.19 | 8.51% |
| VOO | Vanguard S&P 500 ETF | 1,122.15 | 253,670.92 | 0.44% |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 1,120.70 | 25,277.87 | 4.43% |
| VTI | Vanguard Total Stock Market ETF | 1,068.95 | 250,715.87 | 0.43% |
| IVV | iShares Core S&P 500 ETF | 893.39 | 281,366.14 | 0.32% |
| SHV | iShares Short Treasury Bond ETF | 727.48 | 23,800.41 | 3.06% |
| MUB | iShares National Muni Bond ETF | 698.56 | 28,141.85 | 2.48% |
| VTEB | Vanguard Tax-Exempt Bond ETF | 644.34 | 18,304.28 | 3.52% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | -1,230.78 | 39,332.76 | -3.13% |
| QQQ | Invesco QQQ Trust | -1,075.04 | 153,670.55 | -0.70% |
| SPY | SPDR S&P 500 ETF Trust | -809.29 | 340,241.81 | -0.24% |
| IYR | iShares U.S. Real Estate ETF | -597.89 | 3,065.03 | -19.51% |
| EEM | iShares MSCI Emerging Markets ETF | -527.18 | 21,104.91 | -2.50% |
| VXF | Vanguard Extended Market ETF | -440.76 | 12,981.43 | -3.40% |
| AGG | iShares Core U.S. Aggregate Bond ETF | -415.12 | 77,490.48 | -0.54% |
| IJR | iShares Core S&P Small-Cap ETF | -371.83 | 61,773.35 | -0.60% |
| TLT | iShares 20+ Year Treasury Bond ETF | -370.28 | 23,769.00 | -1.56% |
| SCHB | Schwab U.S. Broad Market ETF | -364.52 | 19,414.91 | -1.88% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 4,483.51 | 3,644,239.61 | 0.12% |
| International Equity | 2,396.32 | 1,033,361.07 | 0.23% |
| U.S. Fixed Income | 8,351.84 | 1,091,328.81 | 0.77% |
| International Fixed Income | -194.24 | 131,913.52 | -0.15% |
| Commodities | -473.03 | 132,898.07 | -0.36% |
| Currency | 32.20 | 4,416.47 | 0.73% |
| Leveraged | -489.36 | 44,434.11 | -1.10% |
| Inverse | -347.28 | 24,654.63 | -1.41% |
| Asset Allocation | -39.56 | 15,851.15 | -0.25% |
| Alternatives | 85.18 | 8,818.26 | 0.97% |
| Total: | 13,805.59 | 6,131,915.70 | 0.23% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 191,880.69 | 3,644,239.61 | 5.27% |
| International Equity | 68,227.48 | 1,033,361.07 | 6.60% |
| U.S. Fixed Income | 126,323.28 | 1,091,328.81 | 11.58% |
| International Fixed Income | 3,755.36 | 131,913.52 | 2.85% |
| Commodities | 1,271.54 | 132,898.07 | 0.96% |
| Currency | 1,883.47 | 4,416.47 | 42.65% |
| Leveraged | 20,900.88 | 44,434.11 | 47.04% |
| Inverse | 8,162.45 | 24,654.63 | 33.11% |
| Asset Allocation | 219.78 | 15,851.15 | 1.39% |
| Alternatives | 2,334.45 | 8,818.26 | 26.47% |
| Total: | 424,959.39 | 6,131,915.70 | 6.93% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| WEED | Roundhill Cannabis ETF | 37.31% | 42,140 | 1.73 |
| MSOS | AdvisorShares Pure US Cannabis ETF | 30.68% | 15,166,175 | 664.53 |
| YOLO | AdvisorShares Pure Cannabis ETF | 26.12% | 566,293 | 73.34 |
| MJUS | ETFMG U.S. Alternative Harvest ETF | 23.66% | 485,555 | 106.12 |
| MJ | ETFMG Alternative Harvest ETF | 21.29% | 7,662,252 | 403.43 |
| CNBS | Amplify Seymour Cannabis ETF | 20.76% | 192,640 | 44.89 |
| THCX | The Cannabis ETF | 17.77% | 229,071 | 30.28 |
| PSIL | AdvisorShares Psychedelics ETF | 16.00% | 191,791 | 8.38 |
| POTX | Global X Cannabis ETF | 15.98% | 211,161 | 57.71 |
| LD | iPath Bloomberg Lead Subindex Total Return ETN | 12.32% | 7,471 | 1.18 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| UNL | United States 12 Month Natural Gas Fund LP | 91.46% | 3.46% | 39.38 |
| UNG | United States Natural Gas Fund LP | 90.87% | 6.14% | 510.81 |
| GAZ | iPath Series B Bloomberg Natural Gas Subindex Total Return ETN | 88.31% | 5.77% | 21.04 |
| PFIX | Simplify Interest Rate Hedge ETF | 80.16% | 2.97% | 350.36 |
| PXE | Invesco Dynamic Energy Exploration & Production ETF | 69.43% | 9.03% | 300.41 |
| JJE | iPath Series B Bloomberg Energy Subindex Total Return ETN | 62.77% | 8.09% | 7.84 |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 59.89% | 7.72% | 1,028.00 |
| RJN | Elements Rogers International Commodity Index-Energy TR ETN | 58.14% | 7.05% | 7.97 |
| FCG | First Trust Natural Gas ETF | 55.41% | 7.88% | 949.71 |
| FENY | Fidelity MSCI Energy Index ETF | 54.07% | 8.25% | 1,537.86 |
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.
