ETF Inflows Steady Despite Market Rout

November 21, 2022

Investors remained bullish on equity and bond markets as exchange-traded funds brought in $27 billion in the week ending Friday, Nov. 18.  

Equity markets slumped last week as oil prices fell on worries of potential weakening fuel demand in China and EU-imposed Russian sanctions took their toll. The S&P 500 slipped 1.2% during the week, while the Nasdaq tumbled 1.6%.  

Also prompting the drop were comments from President of the St. Louis Federal Reserve James Bullard, who cautioned about the “limited effect” rate hikes had on the inflation, going on to say the central bank’s federal funds rate, which sets a benchmark for other U.S. banks’ lending, could reach more than 5% to 5.25%. The fed funds rate currently sits between 3.75% and 4%, up from effectively zero at the beginning of the year.  

Still, investors poured just over $13 billion into equity-focused funds, a 22% drop from the $16 billion the week prior. The SPDR S&P 500 ETF Trust (SPY), the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO) collectively brought in $4.2 billion, according to ETF.com data.  

Meanwhile, U.S.-listed fixed income ETFs posted a $9.3 billion haul, falling a touch short of the $9.8 billion brought in the week ending Nov. 11. Top performers of the week included the iShares 20+ Year Treasury Bond ETF (TLT), the Vanguard Short-Term Corporate Bond ETF (VCHS) and the SPDR Gold Trust (GLD).  

On the other side of the ledger, funds that saw the greatest outflows included the SPDR Portfolio S&P 500 High Dividend ETF (SPYD), the iShares MSCI USA Momentum Factor ETF (MTUM) and the SPDR Gold Trust (GLD). 

 

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
SPY SPDR S&P 500 ETF Trust 2,074.41 373,873.51 0.55%
IVV iShares Core S&P 500 ETF 1,410.70 300,747.36 0.47%
TLT iShares 20+ Year Treasury Bond ETF 1,263.35 26,198.93 4.82%
VCSH Vanguard Short-Term Corporate Bond ETF 1,094.97 40,782.19 2.68%
LQD iShares iBoxx USD Investment Grade Corporate Bond ETF 883.05 38,290.40 2.31%
ACWI iShares MSCI ACWI ETF 798.92 17,485.53 4.57%
VOO Vanguard S&P 500 ETF 767.94 273,000.45 0.28%
SPYG SPDR Portfolio S&P 500 Growth ETF 714.36 13,846.22 5.16%
HYG iShares iBoxx USD High Yield Corporate Bond ETF 650.56 17,924.69 3.63%
IWM iShares Russell 2000 ETF 636.19 55,022.70 1.16%

 

Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SHY iShares 1-3 Year Treasury Bond ETF -901.47 28,734.58 -3.14%
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF -723.37 10,602.71 -6.82%
JNK SPDR Bloomberg High Yield Bond ETF -579.49 9,205.76 -6.29%
SPYD SPDR Portfolio S&P 500 High Dividend ETF -436.99 7,583.23 -5.76%
MTUM iShares MSCI USA Momentum Factor ETF -379.10 12,260.13 -3.09%
RPAR RPAR Risk Parity ETF -354.87 765.20 -46.38%
DGRO iShares Core Dividend Growth ETF -340.50 24,154.05 -1.41%
GLD SPDR Gold Trust -312.23 51,138.32 -0.61%
VTV Vanguard Value ETF -279.87 103,215.11 -0.27%
IYR iShares U.S. Real Estate ETF -274.32 3,245.06 -8.45%

 

ETF Weekly Flows By Asset Class

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 13,440.47 3,948,260.91 0.34%
International Equity 3,945.79 1,134,737.38 0.35%
U.S. Fixed Income 9,253.52 1,140,181.72 0.81%
International Fixed Income 1,219.78 136,252.49 0.90%
Commodities -528.13 130,383.36 -0.41%
Currency -145.52 4,253.24 -3.42%
Leveraged 119.25 50,158.15 0.24%
Inverse 301.67 22,447.83 1.34%
Asset Allocation -10.19 16,455.56 -0.06%
Alternatives -354.95 8,738.73 -4.06%
Total: 27,241.70 6,591,869.37 0.41%

 

Asset Classes (Year-to-Date)

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 270,583.51 3,948,260.91 6.85%
International Equity 84,788.18 1,134,737.38 7.47%
U.S. Fixed Income 167,104.03 1,140,181.72 14.66%
International Fixed Income 5,673.10 136,252.49 4.16%
Commodities -2,726.22 130,383.36 -2.09%
Currency 1,922.83 4,253.24 45.21%
Leveraged 20,474.70 50,158.15 40.82%
Inverse 8,082.69 22,447.83 36.01%
Asset Allocation 437.05 16,455.56 2.66%
Alternatives 2,355.17 8,738.73 26.95%
Total: 558,695.05 6,591,869.37 8.48%

 

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
KWEB KraneShares CSI China Internet ETF 10.18% 99,051,880 5,460.72
KTEC KraneShares Hang Seng TECH Index ETF 8.33% 81,835 6.43
CHIC Global X MSCI China Communication Services ETF 7.49% 6,358 6.34
CQQQ Invesco China Technology ETF 6.74% 997,845 828.38
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.60% 648,002 527.38
PGJ Invesco Golden Dragon China ETF 6.38% 865,539 231.76
FDNI First Trust Dow Jones International Internet ETF 6.19% 16,130 30.70
MSOS AdvisorShares Pure US Cannabis ETF 5.67% 9,724,699 774.47
UNG United States Natural Gas Fund LP 5.53% 32,500,858 525.30
WEED Roundhill Cannabis ETF 5.38% 36,002 2.29

 

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
MLPO Credit Suisse S&P MLP Index ETN 91.83% -4.18% 29.65
UNL United States 12 Month Natural Gas Fund LP 81.39% 2.51% 32.93
PXE Invesco Dynamic Energy Exploration & Production ETF 81.18% -0.58% 353.84
PFIX Simplify Interest Rate Hedge ETF 81.13% -5.59% 366.82
IEO iShares U.S. Oil & Gas Exploration & Production ETF 73.81% -0.59% 1,262.68
GAZ iPath Series B Bloomberg Natural Gas Subindex Total Return ETN 72.03% 5.31% 15.44
FENY Fidelity MSCI Energy Index ETF 71.85% -0.78% 1,762.23
VDE Vanguard Energy ETF 71.65% -0.75% 9,082.11
XLE Energy Select Sector SPDR Fund 71.59% -0.79% 43,996.94
IYE iShares U.S. Energy ETF 69.49% -0.54% 2,440.86

 

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.

Find your next ETF

Reset All