Weekly ETF Inflows Of $11B Despite ‘GLD’

Senior ETF Analyst

Apr 05, 2019

Reviewed by: Sumit Roy

Edited by: Sumit Roy

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%
BBCA	JPMorgan BetaBuilders Canada ETF	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%
GEX	VanEck Vectors Global Alternative Energy ETF	4,860	12,321	253.50%
IQDF	FlexShares International Quality Dividend Index Fund	126,498	314,169	248.36%
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	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.

Sumit Roy

| Contact: [email protected]

Sumit Roy is the senior ETF analyst for etf.com, where he has worked for 13 years. He creates a variety of content for the platform, including news articles, analysis pieces, videos and podcasts.

Before joining etf.com, Sumit was the managing editor and commodities analyst for Hard Assets Investor. In those roles, he was responsible for most of the operations of HAI, a website dedicated to education about commodities investing.

Though he still closely follows the commodities beat, Sumit covers a much broader assortment of topics for etf.com, with a particular focus on stock and bond exchange-traded funds.

He is the host of etf.com’s Talk ETFs, a popular video series that features weekly interviews with thought leaders in the ETF industry. Sumit is also co-host of Exchange Traded Fridays, etf.com’s weekly podcast series.

He lives in the San Francisco Bay Area, where he enjoys climbing the city’s steep hills, playing chess and snowboarding in Lake Tahoe.

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Weekly ETF Inflows Of $11B Despite ‘GLD’

Weekly ETF Inflows Of $11B Despite ‘GLD’

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