Weekly ETF Inflows Total $8.5B

‘IWM,’ ‘DIA’ and ‘IVV’ topped the weekly ETF inflows list.

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

A relatively calm week in financial markets encouraged investors to add a solid $8.5 billion to U.S.-listed ETFs this week. According to FactSet, $6.2 billion went into U.S. equity ETFs and $2.2 billion went into U.S. fixed-income ETFs during the week ending Thursday, May 24.

Year-to-date inflows for all U.S.-listed ETFs now stand at $117 billion.

Equity markets didn’t do much this week. The S&P 500 edged up from a closing level of 2,713 last Friday to last trade at 2,719.

Bond markets saw a bit more action, with the U.S. 10-year Treasury yield falling from last week’s high of 3.12% all the way down to 2.92% today amid political concerns related to North Korea and Italy.

Rate Hikes?

Meanwhile, minutes to the Federal Reserve’s last meeting suggested some Fed members would be would be OK with inflation temporarily moving above 2%—comments that somewhat dampened rate hike expectations.

Taking a look at inflows and outflows for individual ETFs, the iShares Russell 2000 ETF (IWM) was the biggest winner of the week, with creations of $625 million, followed by the SPDR Dow Jones Industrial Average ETF Trust (DIA) and the iShares Core S&P 500 ETF (IVV).

On the other hand, the iShares MSCI EAFE Value ETF (EFV) topped the outflows list, with weekly redemptions of $828 million. It was followed by the iShares MSCI Japan ETF (EWJ) and the iShares NASDAQ Biotechnology ETF (IBB).

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

Email Sumit Roy at [email protected] or follow him on Twitter @sumitroy2

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IWMiShares Russell 2000 ETF624.7445,939.001.38%
DIASPDR Dow Jones Industrial Average ETF Trust609.9421,905.022.86%
IVViShares Core S&P 500 ETF590.46152,670.180.39%
XLFFinancial Select Sector SPDR Fund560.1833,238.011.71%
JNKSPDR Bloomberg Barclays High Yield Bond ETF552.819,749.816.01%
XLEEnergy Select Sector SPDR Fund499.8519,844.872.58%
IEFAiShares Core MSCI EAFE ETF417.1459,505.600.71%
EMBiShares JP Morgan USD Emerging Markets Bond ETF388.1211,916.353.37%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF364.4432,583.421.13%
SPYSPDR S&P 500 ETF Trust298.26266,955.340.11%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
EFViShares MSCI EAFE Value ETF-828.175,948.00-12.22%
EWJiShares MSCI Japan ETF-330.0220,848.45-1.56%
IBBiShares NASDAQ Biotechnology ETF-295.048,729.67-3.27%
XBISPDR S&P BIOTECH ETF-291.825,070.74-5.44%
BILSPDR Bloomberg Barclays 1-3 Month T-Bill ETF-192.183,381.22-5.38%
EEMiShares MSCI Emerging Markets ETF-187.6139,140.37-0.48%
VNQVanguard Real Estate ETF-182.2629,760.56-0.61%
XRTSPDR S&P Retail ETF-173.39307.98-36.02%
GLDSPDR Gold Trust-170.9635,301.64-0.48%
AGGiShares Core U.S. Aggregate Bond ETF-169.0955,166.60-0.31%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity6,170.611,997,728.540.31%
International Equity-243.52844,206.79-0.03%
U.S. Fixed Income2,238.77540,288.250.41%
International Fixed Income356.8663,551.000.56%
Commodities 12.3969,923.770.02%
Currency-13.081,262.52-1.04%
Leveraged101.4736,583.800.28%
Inverse-82.4413,491.67-0.61%
Asset Allocation49.069,307.160.53%
Alternatives-49.494,325.55-1.14%
Total:8,540.633,580,669.050.24%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
FLJPFranklin FTSE Japan ETF5,61827,739493.74%
OILBiPath Series B S&P GSCI Crude Oil ETN10,02643,351432.38%
HYGHiShares Interest Rate Hedged High Yield Bond ETF27,448112,091408.37%
LOWCSPDR MSCI ACWI Low Carbon Target ETF5,40615,941294.85%
ROAMHartford Multifactor Emerging Markets ETF22,03947,711216.48%
CSFVictoryShares U.S. Discovery Enhanced Volatility Wtd Index ETF8,93021,706243.05%
PDBCPowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio1,242,2772,851,101229.51%
MNAIQ Merger Arbitrage ETF125,249226,317180.69%
VONGVanguard Russell 1000 Growth ETF53,37396,351180.52%
TURiShares MSCI Turkey ETF520,022987,408189.88%

 

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.