Weekly ETF Flows: JPST Adds $1.3B, SPY Sheds $2.9B
Year-to-date inflows for U.S.-listed ETFs have topped $128 billion as of the end of last week.
The JPMorgan Ultra-Short Income ETF (JPST) pulled in $1.3 billion in fresh assets last week, bringing its total assets under management to almost $30.3 billion, as market uncertainty boosted demand for short-duration income products.
Other fixed income products topped the etf.com weekly inflows list: the iShares 20+ Year Treasury Bond ETF (TLT) added $793.3 million and the iShares 0-3 Month Treasury Bond ETF (SGOV) pulled in $718 million.
Among stock exchange-traded funds, the Dimensional U.S. Equity Market ETF (DFUS) gathered $988.7 million, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) collected $820.8 million.
Equity Giants See Outflows
On the outflow side, the SPDR S&P 500 ETF Trust (SPY) experienced the largest redemptions at $2.9 billion, reducing its total AUM to $633.1 billion and helping the Vanguard S&P 500 ETF (VOO) surpass it as the biggest ETF.
The ProShares UltraPro QQQ (TQQQ) saw outflows of $1.2 billion, while the iShares Core S&P Mid-Cap ETF (IJH) shed $923 million.
Overall, U.S. fixed-income ETFs dominated inflows with $8.6 billion in net additions, while U.S. equity funds gathered $4.2 billion despite some large individual fund outflows.
Leveraged ETFs and currency funds saw the largest asset class outflows for the week, shedding $1.7 billion and $445.9 million respectively.
The ETF industry as a whole added $17.6 billion in new assets for the week, with international equity and fixed-income products also seeing positive flows of $2.7 billion and $2.5 billion respectively.
For a full list of the top inflows and outflows for last week, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
| JPST | JPMorgan Ultra-Short Income ETF | 1,303.59 | 30,264.96 | 4.31 |
| DFUS | Dimensional U.S. Equity Market ETF | 988.74 | 14,541.19 | 6.80 |
| JAAA | Janus Detroit Street Trust Janus Henderson AAA CLO ETF | 915.03 | 21,222.43 | 4.31 |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | 820.78 | 39,486.41 | 2.08 |
| TLT | iShares 20+ Year Treasury Bond ETF | 793.32 | 52,786.39 | 1.50 |
| VTI | Vanguard Total Stock Market ETF | 785.50 | 481,089.09 | 0.16 |
| SGOV | iShares 0-3 Month Treasury Bond ETF | 718.06 | 33,963.50 | 2.11 |
| TSLL | Direxion Daily TSLA Bull 2X Shares | 693.33 | 4,903.16 | 14.14 |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 643.32 | 31,053.53 | 2.07 |
| KWEB | KraneShares CSI China Internet ETF | 620.05 | 7,415.81 | 8.36 |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -2,953.17 | 633,134.68 | -0.47 |
| TQQQ | ProShares UltraPro QQQ | -1,249.91 | 25,389.18 | -4.92 |
| IJH | iShares Core S&P Mid-Cap ETF | -923.58 | 97,562.62 | -0.95 |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | -894.26 | 4,983.40 | -17.94 |
| XMMO | Invesco S&P MidCap Momentum ETF | -672.10 | 3,956.54 | -16.99 |
| ITB | iShares U.S. Home Construction ETF | -629.61 | 2,609.55 | -24.13 |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -619.45 | 14,326.78 | -4.32 |
| QQQ | Invesco QQQ Trust Series I | -497.02 | 336,661.81 | -0.15 |
| GLD | SPDR Gold Shares | -482.78 | 80,882.59 | -0.60 |
| UPRO | ProShares UltraPro S&P500 | -478.74 | 4,303.41 | -11.12 |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 259.94 | 9,786.38 | 2.66% |
| Asset Allocation | 118.64 | 22,824.99 | 0.52% |
| Commodities ETFs | 563.57 | 176,736.22 | 0.32% |
| Currency | -445.91 | 127,362.92 | -0.35% |
| International Equity | 2,747.01 | 1,639,655.30 | 0.17% |
| International Fixed Income | 2,555.42 | 272,735.59 | 0.94% |
| Inverse | 767.95 | 12,500.48 | 6.14% |
| Leveraged | -1,789.44 | 132,066.31 | -1.35% |
| US Equity | 4,226.52 | 6,922,087.88 | 0.06% |
| US Fixed Income | 8,664.91 | 1,587,018.23 | 0.55% |
| Total: | 17,668.61 | 10,902,774.29 | 0.16% |
Disclaimer: All data as of 6 a.m. ET the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.
