Weekly ETF Inflows Total $3.4B
U.S. fixed income ETFs pushed overall ETF flows into positive territory.
Fixed income ETFs continued to gather assets this week, helping to push overall ETF flows into positive territory. On net, investors added $3.4 billion to U.S.-listed ETFs during the week ending Thursday, Aug. 22, according to FactSet.
About $4.1 billion went into U.S. fixed income ETFs, and $603 million went into international fixed income ETFs. On the flip side, $631 million came out of U.S. equity ETFs and $1.7 billion came out of international equity ETFs.
Year-to-date net inflows for all ETFs now stand at $140.5 billion, behind last year’s $163.1 billion pace.
‘GLD’ Picks Up Assets
Bond prices remained well-supported this week, keeping yields at historically low levels. The Schwab U.S. TIPS ETF (SCHP), the Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) and the iShares U.S. Treasury Bond ETF (GOVT) were among the fixed income flows winners of the week.
Also benefiting from the economic uncertainty and low yields around the world was the SPDR Gold Trust (GLD). It took in $510 million of fresh cash as gold prices remained at six-year highs above $1,500/oz.
Outflows Of $375M For ‘EEM’
Meanwhile, on the outflows side, U.S. equity ETF giants like the SPDR S&P 500 ETF Trust (SPY), the Invesco QQQ Trust (QQQ) and the Invesco S&P 500 Low Volatility ETF (SPLV) were at or near the top of the list.
International equity ETFs also fared poorly, with the iShares MSCI Emerging Markets ETF (EEM), the iShares MSCI Japan ETF (EWJ) and the iShares China Large-Cap ETF (FXI) facing the largest outflows of the week.
For a full list of this week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SCHP | Schwab U.S. TIPS ETF | 519.37 | 7,598.87 | 6.83% |
VTIP | Vanguard Short-Term Inflation-Protected Securities ETF | 510.92 | 6,828.82 | 7.48% |
GLD | SPDR Gold Trust | 509.86 | 41,306.24 | 1.23% |
GOVT | iShares U.S. Treasury Bond ETF | 349.59 | 13,239.87 | 2.64% |
XLK | Technology Select Sector SPDR Fund | 339.64 | 21,983.15 | 1.55% |
USMV | iShares Edge MSCI Min Vol U.S.A. ETF | 335.43 | 32,783.65 | 1.02% |
XLP | Consumer Staples Select Sector SPDR Fund | 319.92 | 13,466.99 | 2.38% |
KRE | SPDR S&P Regional Banking ETF | 309.38 | 2,016.73 | 15.34% |
VOO | Vanguard S&P 500 ETF | 300.01 | 117,882.46 | 0.25% |
SHY | iShares 1-3 Year Treasury Bond ETF | 280.59 | 17,279.85 | 1.62% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S&P 500 ETF Trust | -1,376.48 | 261,361.21 | -0.53% |
QQQ | Invesco QQQ Trust | -518.88 | 73,460.31 | -0.71% |
XLI | Industrial Select Sector SPDR Fund | -506.35 | 9,688.35 | -5.23% |
SPLV | Invesco S&P 500 Low Volatility ETF | -471.05 | 12,224.89 | -3.85% |
EEM | iShares MSCI Emerging Markets ETF | -374.64 | 25,026.11 | -1.50% |
HYG | iShares iBoxx USD High Yield Corporate Bond ETF | -280.97 | 17,228.19 | -1.63% |
EWJ | iShares MSCI Japan ETF | -238.66 | 12,117.65 | -1.97% |
GDX | VanEck Vectors Gold Miners ETF | -227.76 | 11,352.26 | -2.01% |
FXI | iShares China Large-Cap ETF | -207.05 | 4,525.15 | -4.58% |
BSV | Vanguard Short-Term Bond ETF | -186.15 | 22,584.08 | -0.82% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | -631.65 | 2,235,584.25 | -0.03% |
International Equity | -1,690.47 | 783,435.02 | -0.22% |
U.S. Fixed Income | 4,088.61 | 709,968.26 | 0.58% |
International Fixed Income | 603.45 | 80,701.20 | 0.75% |
Commodities | 764.90 | 76,838.03 | 1.00% |
Currency | 35.31 | 1,483.26 | 2.38% |
Leveraged | 5.51 | 36,349.81 | 0.02% |
Inverse | 203.41 | 12,353.52 | 1.65% |
Asset Allocation | -30.93 | 9,837.50 | -0.31% |
Alternatives | 46.29 | 4,434.35 | 1.04% |
Total: | 3,394.44 | 3,950,985.21 | 0.09% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 47,777.10 | 2,235,584.25 | 2.14% |
International Equity | -1,467.79 | 783,435.02 | -0.19% |
U.S. Fixed Income | 80,205.78 | 709,968.26 | 11.30% |
International Fixed Income | 10,506.07 | 80,701.20 | 13.02% |
Commodities ETFs | 4,460.59 | 76,838.03 | 5.81% |
Currency | -304.90 | 1,483.26 | -20.56% |
Leveraged | -5,410.63 | 36,349.81 | -14.88% |
Inverse | 4,179.75 | 12,353.52 | 33.83% |
Asset Allocation | 20.26 | 9,837.50 | 0.21% |
Alternatives | 511.48 | 4,434.35 | 11.53% |
Total: | 140,477.69 | 3,950,985.21 | 3.56% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
CUT | Invesco MSCI Global Timber ETF | 42,734 | 225,663 | 528.06% |
USFR | WisdomTree Floating Rate Treasury Fund | 1,130,684 | 5,266,021 | 465.74% |
IQDE | FlexShares International Quality Dividend Defensive Index ETF | 16,358 | 76,740 | 469.11% |
SCHP | Schwab U.S. TIPS ETF | 769,541 | 2,536,353 | 329.59% |
NUEM | Nuveen ESG Emerging Markets Equity ETF | 4,700 | 18,010 | 383.15% |
JPHF | JPMorgan Diversified Alternatives ETF | 72,769 | 191,267 | 262.84% |
IMFP | Invesco Multi-Factor Core Plus Fixed Income ETF | 522 | 1,884 | 360.87% |
JMIN | JPMorgan U.S. Minimum Volatility ETF | 55,977 | 347,534 | 620.85% |
JVAL | JPMorgan U.S. Value Factor ETF | 2,328 | 5,214 | 223.95% |
UEVM | VictoryShares USAA MSCI Emerging Markets Value Momentum ETF | 5,180 | 10,211 | 197.11% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
PAK | Global X MSCI Pakistan ETF | 7.62% | 286,781 | 32.88 |
CHIH | Global X MSCI China Health Care ETF | 6.84% | 1,749 | 1.61 |
FDNI | First Trust Dow Jones International Internet ETF | 6.53% | 3,233 | 4.44 |
TAN | Invesco Solar ETF | 6.41% | 1,332,385 | 469.66 |
GREK | Global X MSCI Greece ETF | 5.69% | 1,451,292 | 339.37 |
CHNA | Loncar China BioPharma ETF | 5.17% | 56,545 | 5.05 |
XBUY | Amplify International Online Retail ETF | 4.79% | 5,384 | 2.67 |
SEA | Invesco Shipping ETF | 4.75% | 157,532 | 43.27 |
FCA | First Trust China AlphaDEX Fund | 4.72% | 1,572 | 9.73 |
CHIK | Global X MSCI China Information Technology ETF | 4.68% | 2,585 | 2.48 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
TAN | Invesco Solar ETF | 71.00% | 6.41% | 469.66 |
PTF | Invesco DWA Technology Momentum ETF | 52.48% | 3.28% | 284.74 |
JJN | iPath Series B Bloomberg Nickel Subindex Total Return ETN | 48.43% | -1.96% | 8.37 |
GOAU | U.S. Global GO Gold and Precious Metal Miners ETF | 44.87% | 2.29% | 25.50 |
RING | iShares MSCI Global Gold Miners ETF | 43.28% | 1.23% | 296.30 |
SGDM | Sprott Gold Miners ETF | 41.88% | 1.39% | 192.36 |
PBW | Invesco WilderHill Clean Energy ETF | 40.91% | 1.97% | 181.76 |
CHIS | Global X MSCI China Consumer Staples ETF | 40.61% | 3.19% | 2.06 |
IPAY | ETFMG Prime Mobile Payments ETF | 39.80% | 2.43% | 850.86 |
XSD | SPDR S&P Semiconductor ETF | 39.77% | 1.60% | 329.64 |
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.