Weekly ETF Inflows Slow To $2.3B
Investors added money into ETFs at a slower pace this week.
Flows into U.S.-listed ETFs slowed this week, but remained in positive territory. Just $2.3 billion entered the space, pushing year-to-date inflows up to $143.2 billion, keeping pace with last year’s $143.6 billion.
Most of this week’s inflows were directed at U.S. fixed income ETFs, which pulled in $3.3 billion. International equity ETFs gathered $729 million and commodity ETFs took in $413 million.
On the other hand, U.S. equity ETFs had outflows of $1.4 billion, even as U.S. stock markets hit record highs.
‘GSLC’ Assets Jump
The top flows winners of the week were the iShares Russell 2000 ETF (IWM), the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and the iShares Core S&P 500 ETF (IVV).
But on a percentage basis, the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) fared even better. Its nearly $600 million of inflows catapulted assets under management in the fund higher by 9.5%.
On the flip side, the SPDR S&P 500 ETF Trust (SPY), the Invesco QQQ Trust (QQQ) and the iShares 1-3 Year Treasury Bond ETF (SHY) topped the outflows list.
For a full list of this week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWM | iShares Russell 2000 ETF | 1,023.60 | 44,462.09 | 2.30% |
| HYG | iShares iBoxx USD High Yield Corporate Bond ETF | 848.95 | 19,466.59 | 4.36% |
| IVV | iShares Core S&P 500 ETF | 725.83 | 184,348.03 | 0.39% |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 596.80 | 6,285.49 | 9.49% |
| VTI | Vanguard Total Stock Market ETF | 486.92 | 120,538.72 | 0.40% |
| JNK | SPDR Bloomberg Barclays High Yield Bond ETF | 476.36 | 9,644.43 | 4.94% |
| XLK | Technology Select Sector SPDR Fund | 305.08 | 22,466.83 | 1.36% |
| XLU | Utilities Select Sector SPDR Fund | 287.55 | 10,149.00 | 2.83% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 244.62 | 64,316.08 | 0.38% |
| IAU | iShares Gold Trust | 239.09 | 13,826.08 | 1.73% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -4,900.75 | 279,059.43 | -1.76% |
| QQQ | Invesco QQQ Trust | -1,252.20 | 75,633.10 | -1.66% |
| SHY | iShares 1-3 Year Treasury Bond ETF | -499.33 | 16,747.14 | -2.98% |
| FFEU | Barclays ETN+ FI Enhanced Europe 50 ETN Series C | -480.39 | 403.03 | -119.20% |
| FTCS | First Trust Capital Strength ETF | -431.31 | 2,614.56 | -16.50% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | -354.15 | 22,297.53 | -1.59% |
| EMB | iShares JP Morgan USD Emerging Markets Bond ETF | -339.09 | 15,238.05 | -2.23% |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | -308.90 | 1,724.62 | -17.91% |
| VNQI | Vanguard Global ex-U.S. Real Estate ETF | -233.77 | 5,789.30 | -4.04% |
| MDY | SPDR S&P Midcap 400 ETF Trust | -226.18 | 19,822.12 | -1.14% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -1,406.58 | 2,313,718.44 | -0.06% |
| International Equity | 728.50 | 837,834.32 | 0.09% |
| U.S. Fixed Income | 3,290.08 | 693,099.34 | 0.47% |
| International Fixed Income | 108.60 | 79,201.94 | 0.14% |
| Commodities | 413.38 | 71,216.55 | 0.58% |
| Currency | -11.15 | 1,435.34 | -0.78% |
| Leveraged | -773.29 | 39,693.11 | -1.95% |
| Inverse | 110.56 | 11,890.58 | 0.93% |
| Asset Allocation | -14.86 | 9,826.32 | -0.15% |
| Alternatives | -96.37 | 4,583.00 | -2.10% |
| Total: | 2,348.87 | 4,062,498.93 | 0.06% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 48,722.75 | 2,313,718.44 | 2.11% |
| International Equity | 10,589.08 | 837,834.32 | 1.26% |
| U.S. Fixed Income | 73,264.49 | 693,099.34 | 10.57% |
| International Fixed Income | 9,278.32 | 79,201.94 | 11.71% |
| Commodities | 1,734.94 | 71,216.55 | 2.44% |
| Currency | -356.65 | 1,435.34 | -24.85% |
| Leveraged | -4,688.35 | 39,693.11 | -11.81% |
| Inverse | 3,961.39 | 11,890.58 | 33.32% |
| Asset Allocation | -173.88 | 9,826.32 | -1.77% |
| Alternatives | 870.40 | 4,583.00 | 18.99% |
| Total: | 143,202.50 | 4,062,498.93 | 3.52% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | 5,074 | 43,151 | 850.51% |
| EFAX | SPDR MSCI EAFE Fossil Fuel Reserves Free ETF | 2,682 | 16,704 | 622.77% |
| JMBS | Janus Henderson Mortgage-Backed Securities ETF | 34,088 | 192,522 | 564.78% |
| ROAM | Hartford Multifactor Emerging Markets ETF | 20,496 | 114,279 | 557.58% |
| USDU | WisdomTree Bloomberg U.S. Dollar Bullish Fund | 28,479 | 139,752 | 490.71% |
| DRSK | Aptus Defined Risk ETF | 46,258 | 225,950 | 488.46% |
| FEUL | Credit Suisse FI Enhanced Europe 50 ETN - May 11 - 2028 | 92,431 | 389,880 | 421.81% |
| ISHG | iShares 1-3 Year International Treasury Bond ETF | 6,062 | 33,049 | 545.17% |
| BEMO | Aptus Behavioral Momentum ETF | 28,556 | 115,220 | 403.49% |
| LOWC | SPDR MSCI ACWI Low Carbon Target ETF | 1,435 | 5,754 | 400.98% |
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.
