Weekly ETF Flows Post $42B Gain
Equity-focused funds saw the most traction.
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 $3.6 billion seen during the week ending Friday, Oct. 21. Corporate debt seemed to be an investor favorite, as funds flowed into the SPDR Bloomberg High Yield Bond ETF (JNK), the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (HYG).
On the other side of the ledger, funds with the greatest outflows included the Shares ESG Aware MSCI USA ETF (ESGU) and the iShares Fallen Angels USD Bond ETF (FALN).
For a full list of last week’s top inflows and outflows, see the tables below:
Top 9 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | 7,820.56 | 361,043.26 | 2.17% |
| IVV | iShares Core S&P 500 ETF | 1,816.74 | 289,671.38 | 0.63% |
| SDY | SPDR S&P Dividend ETF | 1,807.30 | 23,848.26 | 7.58% |
| JNK | SPDR Bloomberg High Yield Bond ETF | 1,557.41 | 7,489.99 | 20.79% |
| LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | 1,414.04 | 34,719.00 | 4.07% |
| TLT | iShares 20+ Year Treasury Bond ETF | 1,334.36 | 24,876.09 | 5.36% |
| QQQ | Invesco QQQ Trust | 1,143.36 | 150,374.60 | 0.76% |
| XLF | Financial Select Sector SPDR Fund | 1,046.90 | 30,852.69 | 3.39% |
| HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 977.85 | 13,403.90 | 7.30% |
Top 9 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| GOVT | iShares U.S. Treasury Bond ETF | -1,065.23 | 21,509.43 | -4.95% |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | -503.22 | 38,866.75 | -1.29% |
| ESGU | iShares ESG Aware MSCI USA ETF | -385.85 | 19,723.56 | -1.96% |
| SH | ProShares Short S&P500 | -380.34 | 2,955.78 | -12.87% |
| HDV | iShares Core High Dividend ETF | -376.82 | 11,802.65 | -3.19% |
| MDYG | SPDR S&P 400 Mid Cap Growth ETF | -345.21 | 1,518.83 | -22.73% |
| TIP | iShares TIPS Bond ETF | -327.14 | 25,152.56 | -1.30% |
| FALN | iShares Fallen Angels USD Bond ETF | -298.00 | 1,720.39 | -17.32% |
| GLD | SPDR Gold Trust | -294.48 | 49,217.17 | -0.60% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 26,502.19 | 3,775,116.50 | 0.70% |
| International Equity | 2,898.45 | 1,038,196.15 | 0.28% |
| U.S. Fixed Income | 13,402.75 | 1,104,909.15 | 1.21% |
| International Fixed Income | 436.51 | 132,722.34 | 0.33% |
| Commodities | -766.30 | 126,476.93 | -0.61% |
| Currency | 70.87 | 4,611.78 | 1.54% |
| Leveraged | -340.07 | 43,781.66 | -0.78% |
| Inverse | -529.02 | 24,126.72 | -2.19% |
| Asset Allocation | 66.59 | 15,937.27 | 0.42% |
| Alternatives | 159.15 | 9,027.30 | 1.76% |
| Total: | 41,901.11 | 6,274,905.80 | 0.67% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 239,611.05 | 3,775,116.50 | 6.35% |
| International Equity | 75,016.38 | 1,038,196.15 | 7.23% |
| U.S. Fixed Income | 146,365.21 | 1,104,909.15 | 13.25% |
| International Fixed Income | 4,657.88 | 132,722.34 | 3.51% |
| Commodities | -1,044.93 | 126,476.93 | -0.83% |
| Currency | 2,081.72 | 4,611.78 | 45.14% |
| Leveraged | 19,337.73 | 43,781.66 | 44.17% |
| Inverse | 7,281.17 | 24,126.72 | 30.18% |
| Asset Allocation | 343.07 | 15,937.27 | 2.15% |
| Alternatives | 2,537.15 | 9,027.30 | 28.11% |
| Total: | 496,186.43 | 6,274,905.80 | 7.91% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| JPRE | JPMorgan Realty Income ETF | 33.76% | 55,920 | 792.51 |
| KEUA | KraneShares European Carbon Allowance Strategy ETF | 13.47% | 38,760 | 19.85 |
| GRN | iPath Series B Carbon ETN | 10.88% | 74,852 | 48.68 |
| TAN | Invesco Solar ETF | 10.38% | 6,848,003 | 2,290.48 |
| RAYS | Global X Solar ETF | 10.22% | 29,029 | 6.60 |
| MLPO | Credit Suisse S&P MLP Index ETN | 10.22% | 9,528 | 29.44 |
| KARB | Carbon Strategy ETF | 9.72% | 1,498 | 0.32 |
| THCX | The Cannabis ETF | 9.68% | 150,405 | 26.95 |
| POTX | Global X Cannabis ETF | 9.45% | 118,087 | 54.40 |
| CTEX | ProShares S&P Kensho Cleantech ETF | 8.92% | 4,469 | 5.46 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| PFIX | Simplify Interest Rate Hedge ETF | 97.58% | -14.97% | 408.87 |
| PXE | Invesco Dynamic Energy Exploration & Production ETF | 76.63% | 1.61% | 330.52 |
| UNL | United States 12 Month Natural Gas Fund LP | 72.35% | 1.53% | 33.44 |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 68.37% | 1.42% | 1,152.58 |
| XLE | Energy Select Sector SPDR Fund | 65.23% | 1.83% | 42,454.48 |
| FENY | Fidelity MSCI Energy Index ETF | 65.20% | 1.93% | 1,658.10 |
| VDE | Vanguard Energy ETF | 65.05% | 1.89% | 8,659.31 |
| IYE | iShares U.S. Energy ETF | 63.14% | 2.25% | 2,320.24 |
| RYE | Invesco S&P 500 Equal Weight Energy ETF | 61.13% | 2.01% | 577.75 |
| FCG | First Trust Natural Gas ETF | 60.17% | 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.]
