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)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF1,312.1633,078.573.97%
IWMiShares Russell 2000 ETF1,234.7251,351.042.40%
HYGiShares iBoxx USD High Yield Corporate Bond ETF1,149.4413,512.198.51%
VOOVanguard S&P 500 ETF1,122.15253,670.920.44%
BILSPDR Bloomberg 1-3 Month T-Bill ETF1,120.7025,277.874.43%
VTIVanguard Total Stock Market ETF1,068.95250,715.870.43%
IVViShares Core S&P 500 ETF893.39281,366.140.32%
SHViShares Short Treasury Bond ETF727.4823,800.413.06%
MUBiShares National Muni Bond ETF698.5628,141.852.48%
VTEBVanguard Tax-Exempt Bond ETF644.3418,304.283.52%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
ITOTiShares Core S&P Total U.S. Stock Market ETF-1,230.7839,332.76-3.13%
QQQInvesco QQQ Trust-1,075.04153,670.55-0.70%
SPYSPDR S&P 500 ETF Trust-809.29340,241.81-0.24%
IYRiShares U.S. Real Estate ETF-597.893,065.03-19.51%
EEMiShares MSCI Emerging Markets ETF-527.1821,104.91-2.50%
VXFVanguard Extended Market ETF-440.7612,981.43-3.40%
AGGiShares Core U.S. Aggregate Bond ETF-415.1277,490.48-0.54%
IJRiShares Core S&P Small-Cap ETF-371.8361,773.35-0.60%
TLTiShares 20+ Year Treasury Bond ETF-370.2823,769.00-1.56%
SCHBSchwab U.S. Broad Market ETF-364.5219,414.91-1.88%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity4,483.513,644,239.610.12%
International Equity2,396.321,033,361.070.23%
U.S. Fixed Income8,351.841,091,328.810.77%
International Fixed Income-194.24131,913.52-0.15%
Commodities-473.03132,898.07-0.36%
Currency32.204,416.470.73%
Leveraged-489.3644,434.11-1.10%
Inverse-347.2824,654.63-1.41%
Asset Allocation-39.5615,851.15-0.25%
Alternatives85.188,818.260.97%
Total:13,805.596,131,915.700.23%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity191,880.693,644,239.615.27%
International Equity68,227.481,033,361.076.60%
U.S. Fixed Income126,323.281,091,328.8111.58%
International Fixed Income3,755.36131,913.522.85%
Commodities1,271.54132,898.070.96%
Currency1,883.474,416.4742.65%
Leveraged20,900.8844,434.1147.04%
Inverse8,162.4524,654.6333.11%
Asset Allocation219.7815,851.151.39%
Alternatives2,334.458,818.2626.47%
Total:424,959.396,131,915.706.93%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
WEEDRoundhill Cannabis ETF37.31%42,1401.73
MSOSAdvisorShares Pure US Cannabis ETF30.68%15,166,175664.53
YOLOAdvisorShares Pure Cannabis ETF26.12%566,29373.34
MJUSETFMG U.S. Alternative Harvest ETF23.66%485,555106.12
MJETFMG Alternative Harvest ETF21.29%7,662,252403.43
CNBSAmplify Seymour Cannabis ETF20.76%192,64044.89
THCXThe Cannabis ETF17.77%229,07130.28
PSILAdvisorShares Psychedelics ETF16.00%191,7918.38
POTXGlobal X Cannabis ETF15.98%211,16157.71
LDiPath Bloomberg Lead Subindex Total Return ETN12.32%7,4711.18

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
UNLUnited States 12 Month Natural Gas Fund LP91.46%3.46%39.38
UNGUnited States Natural Gas Fund LP90.87%6.14%510.81
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN88.31%5.77%21.04
PFIXSimplify Interest Rate Hedge ETF80.16%2.97%350.36
PXEInvesco Dynamic Energy Exploration & Production ETF69.43%9.03%300.41
JJEiPath Series B Bloomberg Energy Subindex Total Return ETN62.77%8.09%7.84
IEOiShares U.S. Oil & Gas Exploration & Production ETF59.89%7.72%1,028.00
RJNElements Rogers International Commodity Index-Energy TR ETN58.14%7.05%7.97
FCGFirst Trust Natural Gas ETF55.41%7.88%949.71
FENYFidelity MSCI Energy Index ETF54.07%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.