Weekly ETF Flows Net Nearly $14B

Most of the assets came from fixed income funds.  

ShubhamSaharan_white_bg
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Reviewed by: Shubham Saharan
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Edited by: Shubham Saharan

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.

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.