Weekly ETF Inflows Of $11B Despite ‘GLD’
Year-to-date inflows for U.S.-listed ETFs rose to $59 billion.
Investors began April in a bullish mood, lifting the S&P 500 to a six-month high. That bullishness filtered into ETFs, which picked up $11.1 billion in fresh assets, including $6 billion for U.S. equity ETFs, during the week ending Thursday, April 4.
A slew of better-than-expected economic data and rising hopes for a trade deal between the U.S. and China encouraged investors, who also added $1.8 billion to international equity ETFs and $4.5 billion to U.S. fixed-income ETFs.
Corporate bond prices edged up, while Treasuries sagged as worries about the economy abated.
After the latest weekly haul, year-to-date net inflows for all U.S.-listed ETFs now stand at $59.3 billion.
‘GLD’ Loses Its Luster
Taking the No. 1 spot on this week’s inflows list is the SPDR S&P 500 ETF Trust (SPY). That fund is followed by the iShares Core S&P 500 ETF (IVV), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the iShares 20+ Year Treasury Bond ETF (TLT).
On the outflows side, the SPDR Gold Trust (GLD), the Health Care Select Sector SPDR Fund (XLV) and the iShares Russell 2000 ETF (IWM) top the list.
For a full list of this week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | 3,298.09 | 270,626.49 | 1.22% |
| IVV | iShares Core S&P 500 ETF | 1,355.33 | 173,198.46 | 0.78% |
| HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 774.05 | 16,849.08 | 4.59% |
| TLT | iShares 20+ Year Treasury Bond ETF | 693.39 | 10,482.44 | 6.61% |
| EWJ | iShares MSCI Japan ETF | 468.68 | 14,077.43 | 3.33% |
| BBCA | JPMorgan BetaBuilders Canada ETF | 367.56 | 2,719.73 | 13.51% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 357.16 | 59,130.50 | 0.60% |
| XLY | Consumer Discretionary Select Sector SPDR Fund | 344.34 | 13,156.16 | 2.62% |
| JNK | SPDR Bloomberg Barclays High Yield Bond ETF | 304.99 | 9,460.63 | 3.22% |
| RPG | Invesco S&P 500 Pure Growth ETF | 304.63 | 2,601.08 | 11.71% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| GLD | SPDR Gold Trust | -891.93 | 31,636.67 | -2.82% |
| XLV | Health Care Select Sector SPDR Fund | -577.80 | 18,998.55 | -3.04% |
| IWM | iShares Russell 2000 ETF | -425.09 | 43,430.92 | -0.98% |
| SHY | iShares 1-3 Year Treasury Bond ETF | -410.91 | 20,067.58 | -2.05% |
| IWV | iShares Russell 3000 ETF | -367.75 | 9,444.60 | -3.89% |
| IYR | iShares U.S. Real Estate ETF | -273.45 | 4,681.85 | -5.84% |
| GDX | VanEck Vectors Gold Miners ETF | -264.45 | 9,979.41 | -2.65% |
| PDP | Invesco DWA Momentum ETF | -212.48 | 1,497.20 | -14.19% |
| XLE | Energy Select Sector SPDR Fund | -162.95 | 13,578.72 | -1.20% |
| EFA | iShares MSCI EAFE ETF | -158.92 | 64,798.10 | -0.25% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 6,032.10 | 2,182,707.46 | 0.28% |
| International Equity | 1,789.82 | 835,051.66 | 0.21% |
| U.S. Fixed Income | 4,457.85 | 635,622.97 | 0.70% |
| International Fixed Income | 194.24 | 74,637.67 | 0.26% |
| Commodities | -1,170.61 | 63,590.03 | -1.84% |
| Currency | 5.36 | 1,473.72 | 0.36% |
| Leveraged | -250.23 | 38,285.70 | -0.65% |
| Inverse | -51.17 | 11,665.58 | -0.44% |
| Asset Allocation | 8.09 | 9,489.60 | 0.09% |
| Alternatives | 129.30 | 4,830.72 | 2.68% |
| Total: | 11,144.75 | 3,857,355.11 | 0.29% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 13,486.92 | 2,182,707.46 | 0.62% |
| International Equity | 8,070.75 | 835,051.66 | 0.97% |
| U.S. Fixed Income | 30,965.78 | 635,622.97 | 4.87% |
| International Fixed Income | 7,048.83 | 74,637.67 | 9.44% |
| Commodities | -1,014.12 | 63,590.03 | -1.59% |
| Currency | -315.04 | 1,473.72 | -21.38% |
| Leveraged | -2,051.16 | 38,285.70 | -5.36% |
| Inverse | 2,904.98 | 11,665.58 | 24.90% |
| Asset Allocation | -567.45 | 9,489.60 | -5.98% |
| Alternatives | 744.19 | 4,830.72 | 15.41% |
| Total: | 59,273.69 | 3,857,355.11 | 1.54% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| RPG | Invesco S&P 500 Pure Growth ETF | 181,649 | 922,252 | 507.71% |
353,398 | 1,825,069 | 516.43% | ||
| IDLV | Invesco S&P International Developed Low Volatility ETF | 188,369 | 706,955 | 375.30% |
| MVV | ProShares Ultra MidCap400 | 39,962 | 131,371 | 328.74% |
4,860 | 12,321 | 253.50% | ||
| IQDF | FlexShares International Quality Dividend Index Fund | 126,498 | 314,169 | 248.36% |
38,295 | 81,391 | 212.53% | ||
| MBSD | FlexShares Disciplined Duration MBS Index Fund | 39,553 | 83,235 | 210.44% |
| USLB | Invesco Russell 1000 Low Beta Equal Weight ETF | 31,266 | 62,372 | 199.49% |
| KORU | Direxion Daily MSCI South Korea Bull 3X Shares | 116,503 | 193,125 | 165.77% |
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.
