Weekly ETF Inflows Nearly $18B

SPY topped the inflows list for last week. 

sumit
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Senior ETF Analyst
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Reviewed by: Sumit Roy
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Edited by: Sumit Roy

Investors used last week’s pullback in stocks to pick up some of their favorite exchange-traded funds. On net, $17.6 billion flowed into U.S.-listed ETFs during the week ending Friday, Oct. 14. Of that, $11.9 billion went into U.S. equity ETFs and another $3 billion went into U.S. fixed income ETFs. 

Year-to-date inflows now stand at $440.4 billion, compared with $669.5 billion at this same time a year ago. 

Topping last week’s inflows was the SPDR S&P 500 ETF Trust (SPY), with creations of $4.6 billion. 

The fact that SPY picked up assets in a week in which the S&P 500 tumbled to fresh bear market intraday lows suggests that some may have used the pullback in stocks as a buying opportunity. 

SPY is used extensively by traders, which contrasts with the buy-and-hold money that dominates competing funds like the iShares Core S&P 500 ETF (IVV) and the Vanguard 500 Index Fund ETF (VOO)

Since the start of the year, SPY has registered net outflows of $17.9 billion versus net inflows of $20.6 billion for IVV and $38.2 billion for VOO. 

Fixed Income Inflows  

Following SPY on the weekly top inflows list were the iShares U.S. Treasury Bond ETF (GOVT), the Vanguard Tax-Exempt Bond ETF (VTEB) and the Vanguard Total Stock Market ETF (VTI)

U.S. fixed income ETFs have had a solid year in terms of inflows despite bonds experiencing their worst performance in history in 2022. 

Since the start of the year, $129.3 billion has flowed into U.S. fixed income ETFs, only behind the $204.2 billion that’s come into U.S. equity ETFs. 

Yields on Treasury bonds are around 4%, while corporate bonds and municipal bonds offer the equivalent of 5% or more. 

That’s attracted investors who have had to settle for paltry interest rates for much of the past decade.  

 

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
SPYSPDR S&P 500 ETF Trust4,633.04338,211.601.37%
GOVTiShares U.S. Treasury Bond ETF2,727.0925,045.0610.89%
VTEBVanguard Tax-Exempt Bond ETF1,467.2719,746.357.43%
VTIVanguard Total Stock Market ETF955.35246,302.750.39%
TLTiShares 20+ Year Treasury Bond ETF809.5423,968.203.38%
BNDXVanguard Total International Bond ETF729.1544,058.721.65%
SMHVanEck Semiconductor ETF722.456,156.8111.73%
SCHOSchwab Short-Term U.S. Treasury ETF662.0810,170.076.51%
MUBiShares National Muni Bond ETF650.0028,769.192.26%
BILSPDR Bloomberg 1-3 Month T-Bill ETF644.8625,932.442.49%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
HYGiShares iBoxx USD High Yield Corporate Bond ETF-1,346.2511,910.94-11.30%
VCSHVanguard Short-Term Corporate Bond ETF-1,295.5639,382.22-3.29%
USMViShares MSCI USA Min Vol Factor ETF-437.5427,399.81-1.60%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-407.1131,913.40-1.28%
VCITVanguard Intermediate-Term Corporate Bond Index Fund ETF-382.3336,567.22-1.05%
SQQQProShares UltraPro Short QQQ-376.004,716.35-7.97%
JMSTJPMorgan Ultra-Short Municipal Income ETF-362.802,514.46-14.43%
JNKSPDR Bloomberg High Yield Bond ETF-355.975,420.33-6.57%
ITOTiShares Core S&P Total U.S. Stock Market ETF-318.5538,152.72-0.83%
BSVVanguard Short-Term Bond ETF-313.4938,071.24-0.82%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity11,850.133,596,151.630.33%
International Equity1,872.261,001,987.460.19%
U.S. Fixed Income3,004.231,084,354.890.28%
International Fixed Income205.74130,415.550.16%
Commodities-155.56128,533.73-0.12%
Currency35.574,468.850.80%
Leveraged812.9241,129.291.98%
Inverse-54.5726,175.56-0.21%
Asset Allocation28.1915,645.490.18%
Alternatives-39.628,867.94-0.45%
Total:17,559.296,037,730.390.29%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity204,199.293,596,151.635.68%
International Equity70,099.741,001,987.467.00%
U.S. Fixed Income129,327.511,084,354.8911.93%
International Fixed Income3,961.10130,415.553.04%
Commodities1,115.98128,533.730.87%
Currency1,973.494,468.8544.16%
Leveraged18,977.5441,129.2946.14%
Inverse8,107.8926,175.5630.98%
Asset Allocation305.1215,645.491.95%
Alternatives2,294.838,867.9425.88%
Total:440,362.486,037,730.397.29%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
MORTVanEck Mortgage REIT Income ETF7.66%1,455,950144.53
REMiShares Mortgage Real Estate ETF7.52%24,853,125547.08
AMZAInfraCap MLP ETF5.69%164,533307.04
CNXTVanEck ChiNext ETF5.37%54,34919.73
URNMSprott Uranium Miners ETF5.28%1,292,282865.27
MSGRDirexion mRNA ETF4.91%2,1453.42
KBWDInvesco KBW High Dividend Yield Financial ETF4.88%264,560330.14
MLPOCredit Suisse S&P MLP Index ETN4.67%9,77927.94
GREKGlobal X MSCI Greece ETF4.59%53,86197.38
FTXNFirst Trust Nasdaq Oil & Gas ETF4.55%1,059,0131,179.72

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
UNLUnited States 12 Month Natural Gas Fund LP93.33%2.07%39.91
PFIXSimplify Interest Rate Hedge ETF89.36%1.34%362.06
UNGUnited States Natural Gas Fund LP84.47%2.63%512.61
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN82.18%2.22%19.79
PXEInvesco Dynamic Energy Exploration & Production ETF69.91%3.41%302.34
IEOiShares U.S. Oil & Gas Exploration & Production ETF62.54%4.09%1,055.13
JJEiPath Series B Bloomberg Energy Subindex Total Return ETN61.28%0.62%7.79
RJNElements Rogers International Commodity Index-Energy TR ETN57.19%-0.48%7.79
FENYFidelity MSCI Energy Index ETF55.91%4.12%1,564.11
FCGFirst Trust Natural Gas ETF55.77%3.48%964.19

 

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 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.