Weekly ETF Flows Post $42B Gain

Equity-focused funds saw the most traction.  

ShubhamSaharan_white_bg
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Reviewed by: Shubham Saharan
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Edited by: Shubham Saharan

Exchange-traded fund inflows soared on rising markets, as $41.9 billion was pulled into the industry in the week ending Oct. 28, more than three times the $12.6 billion posted the week before.  

While a slew of lackluster earnings results from big-tech companies sent markets into a midweek tizzy, U.S. stock markets remained resilient, notching their longest streak of weekly gains since August. Both the S&P 500 and the Nasdaq climbed more than 2% on Friday, rising on better-than-expected earnings results from tech behemoth Apple Inc. 

A net $26.5 billion flowed into equity funds over the past week, over threefold the $8.3 billion the industry posted the week prior, as investors jumped back into asset class. Top performers of the week included the SPDR S&P 500 ETF Trust (SPY), the iShares Core S&P 500 ETF (IVV) and the SPDR S&P Dividend ETF (SDY), which together saw more than $11.4 billion pulled, according to ETF.com data. 

While equities lured investors at a greater rate last week, the asset class has brought in only $239.6 billion year to date, 32% lower than the $352.7 billion the asset class posted around this time last year, according to ETF.com data. 

Meanwhile, U.S. fixed income brought in $13.4 billion, four times more than the $3.6 billion seen during the week ending Friday, Oct. 21. Corporate debt seemed to be an investor favorite, as funds flowed into the SPDR Bloomberg High Yield Bond ETF (JNK), the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (HYG).  

On the other side of the ledger, funds with the greatest outflows included the Shares ESG Aware MSCI USA ETF (ESGU) and the iShares Fallen Angels USD Bond ETF (FALN).  

 

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

 

Top 9 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust7,820.56361,043.262.17%
IVViShares Core S&P 500 ETF1,816.74289,671.380.63%
SDYSPDR S&P Dividend ETF1,807.3023,848.267.58%
JNKSPDR Bloomberg High Yield Bond ETF1,557.417,489.9920.79%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF1,414.0434,719.004.07%
TLTiShares 20+ Year Treasury Bond ETF1,334.3624,876.095.36%
QQQInvesco QQQ Trust1,143.36150,374.600.76%
XLFFinancial Select Sector SPDR Fund1,046.9030,852.693.39%
HYGiShares iBoxx USD High Yield Corporate Bond ETF977.8513,403.907.30%

 

Top 9 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
GOVTiShares U.S. Treasury Bond ETF-1,065.2321,509.43-4.95%
ITOTiShares Core S&P Total U.S. Stock Market ETF-503.2238,866.75-1.29%
ESGUiShares ESG Aware MSCI USA ETF-385.8519,723.56-1.96%
SHProShares Short S&P500-380.342,955.78-12.87%
HDViShares Core High Dividend ETF-376.8211,802.65-3.19%
MDYGSPDR S&P 400 Mid Cap Growth ETF-345.211,518.83-22.73%
TIPiShares TIPS Bond ETF-327.1425,152.56-1.30%
FALNiShares Fallen Angels USD Bond ETF-298.001,720.39-17.32%
GLDSPDR Gold Trust-294.4849,217.17-0.60%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity26,502.193,775,116.500.70%
International Equity2,898.451,038,196.150.28%
U.S. Fixed Income13,402.751,104,909.151.21%
International Fixed Income436.51132,722.340.33%
Commodities-766.30126,476.93-0.61%
Currency70.874,611.781.54%
Leveraged-340.0743,781.66-0.78%
Inverse-529.0224,126.72-2.19%
Asset Allocation66.5915,937.270.42%
Alternatives159.159,027.301.76%
Total:41,901.116,274,905.800.67%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity239,611.053,775,116.506.35%
International Equity75,016.381,038,196.157.23%
U.S. Fixed Income146,365.211,104,909.1513.25%
International Fixed Income4,657.88132,722.343.51%
Commodities-1,044.93126,476.93-0.83%
Currency2,081.724,611.7845.14%
Leveraged19,337.7343,781.6644.17%
Inverse7,281.1724,126.7230.18%
Asset Allocation343.0715,937.272.15%
Alternatives2,537.159,027.3028.11%
Total:496,186.436,274,905.807.91%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
JPREJPMorgan Realty Income ETF33.76%55,920792.51
KEUAKraneShares European Carbon Allowance Strategy ETF13.47%38,76019.85
GRNiPath Series B Carbon ETN10.88%74,85248.68
TANInvesco Solar ETF10.38%6,848,0032,290.48
RAYSGlobal X Solar ETF10.22%29,0296.60
MLPOCredit Suisse S&P MLP Index ETN10.22%9,52829.44
KARBCarbon Strategy ETF9.72%1,4980.32
THCXThe Cannabis ETF9.68%150,40526.95
POTXGlobal X Cannabis ETF9.45%118,08754.40
CTEXProShares S&P Kensho Cleantech ETF8.92%4,4695.46

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
PFIXSimplify Interest Rate Hedge ETF97.58%-14.97%408.87
PXEInvesco Dynamic Energy Exploration & Production ETF76.63%1.61%330.52
UNLUnited States 12 Month Natural Gas Fund LP72.35%1.53%33.44
IEOiShares U.S. Oil & Gas Exploration & Production ETF68.37%1.42%1,152.58
XLEEnergy Select Sector SPDR Fund65.23%1.83%42,454.48
FENYFidelity MSCI Energy Index ETF65.20%1.93%1,658.10
VDEVanguard Energy ETF65.05%1.89%8,659.31
IYEiShares U.S. Energy ETF63.14%2.25%2,320.24
RYEInvesco S&P 500 Equal Weight Energy ETF61.13%2.01%577.75
FCGFirst Trust Natural Gas ETF60.17%1.85%1,012.08

 

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.

 

[Editor’s Note: A previous version of this article included the MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) in the Top Redemptions table.]

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.