Weekly ETF Inflows See $1.8B Gain

Aug 29, 2022

Reviewed by: Shubham Saharan

Edited by: Shubham Saharan

Investors added a meager $1.8 billion to U.S.-listed ETFs in the week ending Aug. 26, down 84% from the week before, according to data from ETF.com.

ETF inflows plunged as investors responded to central bankers’ warnings of higher interest rates for the foreseeable future. Federal Reserve Chairman Jerome Powell stated during the annual Jackson Hole conference that the Fed would continue its aggressive path to tame inflation by hiking interest rates. His address put to rest any thoughts that the central bank would ease quantitative tightening in the months ahead.

Following Powell’s remarks, the S&P on Friday fell 3.4%, its largest one-day drop in more than two months. The index was down nearly 0.1% in the middle of the trading day on Monday. The SPDR S&P 500 ETF Trust (SPY) saw more than $873 million in outflows last week, up almost 18.5% from the previous period.

Investors also changed course last week, moving money from U.S. equities to fixed income ETFs. U.S. equities inflows made up just under $1 billion of total inflows last week, compared with more than $12 billion from the week prior. Meanwhile, U.S. fixed income ETFs brought in almost $2.4 billion, rebounding from $773 million in outflows in the week ending Aug. 19.

Individual Movers  

Short-term, corporate and Treasury bond ETFs were among the top performers last week, raking in almost $3.3 billion in inflows. Top funds included the Vanguard Short-Term Bond ETF (BSV), the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD).

On the other side of the ledger, index and high yield corporate bond funds including the Invesco S&P 500 Low Volatility ETF (SPLV), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the SPDR Bloomberg High Yield Bond ETF (JNK) were among those with the largest outflows.

For a full list of last week’s top inflows and outflows, see the tables below:

Top 10 Creations (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
XLF	Financial Select Sector SPDR Fund	2,189.17	35,072.53	6.24%
BSV	Vanguard Short-Term Bond ETF	826.43	38,972.56	2.12%
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	731.93	16,857.46	4.34%
VOO	Vanguard S&P 500 ETF	660.14	279,825.58	0.24%
TLT	iShares 20+ Year Treasury Bond ETF	652.34	25,304.90	2.58%
XLU	Utilities Select Sector SPDR Fund	610.43	18,167.62	3.36%
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	600.63	36,578.69	1.64%
VGSH	Vanguard Short-Term Treasury Index ETF	477.80	15,419.26	3.10%
USPX	Franklin U.S. Equity Index ETF	430.32	452.60	95.08%
MDYV	SPDR S&P 400 Mid Cap Value ETF	368.55	2,032.87	18.13%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
QQQ	Invesco QQQ Trust	-1,543.68	176,706.60	-0.87%
SPLV	Invesco S&P 500 Low Volatility ETF	-1,076.59	11,696.43	-9.20%
HYG	iShares iBoxx USD High Yield Corporate Bond ETF	-889.80	13,932.08	-6.39%
SPY	SPDR S&P 500 ETF Trust	-873.31	384,139.23	-0.23%
JNK	SPDR Bloomberg High Yield Bond ETF	-837.53	8,010.60	-10.46%
IVV	iShares Core S&P 500 ETF	-600.64	313,707.20	-0.19%
SQQQ	ProShares UltraPro Short QQQ	-511.60	4,551.16	-11.24%
XLK	Technology Select Sector SPDR Fund	-472.21	44,227.30	-1.07%
EFA	iShares MSCI EAFE ETF	-388.33	45,656.59	-0.85%
GLD	SPDR Gold Trust	-357.22	55,384.13	-0.64%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	981.17	4,076,186.25	0.02%
International Equity	-957.43	1,149,143.06	-0.08%
U.S. Fixed Income	2,395.30	1,119,229.38	0.21%
International Fixed Income	-147.01	141,668.77	-0.10%
Commodities	-435.48	142,083.15	-0.31%
Currency	331.94	4,273.35	7.77%
Leveraged	-7.72	56,170.47	-0.01%
Inverse	-414.76	22,498.37	-1.84%
Asset Allocation	-56.81	17,254.80	-0.33%
Alternatives	146.29	8,310.12	1.76%
Total:	1,835.49	6,736,817.71	0.03%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	176,352.87	4,076,186.25	4.33%
International Equity	66,863.15	1,149,143.06	5.82%
U.S. Fixed Income	104,618.45	1,119,229.38	9.35%
International Fixed Income	6,860.07	141,668.77	4.84%
Commodities	6,430.39	142,083.15	4.53%
Currency	1,738.72	4,273.35	40.69%
Leveraged	17,061.12	56,170.47	30.37%
Inverse	11,860.10	22,498.37	52.72%
Asset Allocation	301.58	17,254.80	1.75%
Alternatives	1,699.66	8,310.12	20.45%
Total:	393,786.10	6,736,817.71	5.85%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
URNM	Sprott Uranium Miners ETF	18.24%	1,652,968	966.66
URA	Global X Uranium ETF	15.77%	11,354,527	1,668.89
MSOS	AdvisorShares Pure US Cannabis ETF	14.84%	5,712,943	740.10
MJUS	ETFMG U.S. Alternative Harvest ETF	13.50%	195,806	68.30
PSIL	AdvisorShares Psychedelics ETF	13.26%	367,543	9.94
WEED	Roundhill Cannabis ETF	12.97%	6,919	1.54
MJ	ETFMG Alternative Harvest ETF	11.36%	9,246,865	402.57
XDNA	Kelly CRISPR & Gene Editing Technology ETF	11.20%	153,059	2.01
HDRO	Defiance Next Gen H2 ETF	10.80%	133,055	51.65
HYDR	Global X Hydrogen ETF	10.73%	305,884	44.84

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
RJN	Elements Rogers International Commodity Index-Energy TR ETN	68.37%	2.42%	13.73
MLPO	Credit Suisse S&P MLP Index ETN	43.40%	3.17%	30.06
FILL	iShares MSCI Global Energy Producers ETF	39.18%	4.98%	127.24
TPYP	Tortoise North American Pipeline Fund	25.75%	2.63%	596.74
RISR	FolioBeyond Rising Rates ETF	24.63%	0.29%	87.45
RJI	Elements Rogers International Commodity Index-Total Return ETN	24.17%	0.70%	126.01
TADS	The Active Dividend Stock ETF	17.40%	0.00%	126.01
LBAY	Leatherback Long/Short Alternative Yield ETF	15.98%	1.54%	53.46
NVMZ	TrueShares Structured Outcome ETF - November	14.66%		53.46
FUE	ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Biofuels - Total Return ETN	14.35%	0.60%	1.63

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

| Contact: [email protected]

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.

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Weekly ETF Inflows See $1.8B Gain

Weekly ETF Inflows See $1.8B Gain

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