Weekly ETF Inflows Total $8.5B
‘IWM,’ ‘DIA’ and ‘IVV’ topped the weekly ETF inflows list.
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 $828 million. It was followed by the iShares MSCI Japan ETF (EWJ) and the iShares NASDAQ Biotechnology ETF (IBB).
For a full list of this week’s top inflows and outflows, see the tables below.
Email Sumit Roy at [email protected] or follow him on Twitter @sumitroy2
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWM | iShares Russell 2000 ETF | 624.74 | 45,939.00 | 1.38% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | 609.94 | 21,905.02 | 2.86% |
| IVV | iShares Core S&P 500 ETF | 590.46 | 152,670.18 | 0.39% |
| XLF | Financial Select Sector SPDR Fund | 560.18 | 33,238.01 | 1.71% |
| JNK | SPDR Bloomberg Barclays High Yield Bond ETF | 552.81 | 9,749.81 | 6.01% |
| XLE | Energy Select Sector SPDR Fund | 499.85 | 19,844.87 | 2.58% |
| IEFA | iShares Core MSCI EAFE ETF | 417.14 | 59,505.60 | 0.71% |
| EMB | iShares JP Morgan USD Emerging Markets Bond ETF | 388.12 | 11,916.35 | 3.37% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 364.44 | 32,583.42 | 1.13% |
| SPY | SPDR S&P 500 ETF Trust | 298.26 | 266,955.34 | 0.11% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| EFV | iShares MSCI EAFE Value ETF | -828.17 | 5,948.00 | -12.22% |
| EWJ | iShares MSCI Japan ETF | -330.02 | 20,848.45 | -1.56% |
| IBB | iShares NASDAQ Biotechnology ETF | -295.04 | 8,729.67 | -3.27% |
| XBI | SPDR S&P BIOTECH ETF | -291.82 | 5,070.74 | -5.44% |
| BIL | SPDR Bloomberg Barclays 1-3 Month T-Bill ETF | -192.18 | 3,381.22 | -5.38% |
| EEM | iShares MSCI Emerging Markets ETF | -187.61 | 39,140.37 | -0.48% |
| VNQ | Vanguard Real Estate ETF | -182.26 | 29,760.56 | -0.61% |
| XRT | SPDR S&P Retail ETF | -173.39 | 307.98 | -36.02% |
| GLD | SPDR Gold Trust | -170.96 | 35,301.64 | -0.48% |
| AGG | iShares Core U.S. Aggregate Bond ETF | -169.09 | 55,166.60 | -0.31% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 6,170.61 | 1,997,728.54 | 0.31% |
| International Equity | -243.52 | 844,206.79 | -0.03% |
| U.S. Fixed Income | 2,238.77 | 540,288.25 | 0.41% |
| International Fixed Income | 356.86 | 63,551.00 | 0.56% |
| Commodities | 12.39 | 69,923.77 | 0.02% |
| Currency | -13.08 | 1,262.52 | -1.04% |
| Leveraged | 101.47 | 36,583.80 | 0.28% |
| Inverse | -82.44 | 13,491.67 | -0.61% |
| Asset Allocation | 49.06 | 9,307.16 | 0.53% |
| Alternatives | -49.49 | 4,325.55 | -1.14% |
| Total: | 8,540.63 | 3,580,669.05 | 0.24% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| FLJP | Franklin FTSE Japan ETF | 5,618 | 27,739 | 493.74% |
| OILB | iPath Series B S&P GSCI Crude Oil ETN | 10,026 | 43,351 | 432.38% |
| HYGH | iShares Interest Rate Hedged High Yield Bond ETF | 27,448 | 112,091 | 408.37% |
| LOWC | SPDR MSCI ACWI Low Carbon Target ETF | 5,406 | 15,941 | 294.85% |
| ROAM | Hartford Multifactor Emerging Markets ETF | 22,039 | 47,711 | 216.48% |
| CSF | VictoryShares U.S. Discovery Enhanced Volatility Wtd Index ETF | 8,930 | 21,706 | 243.05% |
| PDBC | PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio | 1,242,277 | 2,851,101 | 229.51% |
| MNA | IQ Merger Arbitrage ETF | 125,249 | 226,317 | 180.69% |
| VONG | Vanguard Russell 1000 Growth ETF | 53,373 | 96,351 | 180.52% |
| TUR | iShares MSCI Turkey ETF | 520,022 | 987,408 | 189.88% |
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.
