Weekly ETF Inflows Total Massive $10 Billion

A massive $10 billion flowed into U.S.-listed exchange-traded funds this week as investors grew comfortable with the idea that the Federal Reserve may hike interest rates in the coming months. The S&P 500 neared the 2,100 level, reaching a one-month high.

The biggest beneficiaries of this week's positive sentiment were U.S. equity ETFs, which took in $9.1 billion in the week ending Thursday, May 26, according to FactSet data. U.S. fixed-income ETFs also were in favor, garnering net inflows of $1.3 billion, while international equity ETFs had net outflows of $1.4 billion. 

SPY & GLD See Inflows

As is typical in a week of big inflows, the SPDR S&P 500 ETF (SPY | A-97) was at the top of the heap. SPY had inflows of $2.6 billion, which was followed by the iShares Russell 2000 ETF (IWM | A-91), with inflows of $1.5 billion.

Meanwhile, once again the SPDR Gold Trust (GLD | A-100) had notable inflows—$333 million—despite the fact that gold prices fell to a three-month low below $1,210/oz amid growing rate hike expectations. 

EEM & International Equity ETFs Lead Outflows

On the other end of the spectrum was the iShares MSCI Emerging Markets ETF (EEM | B-100), with outflows of $1.2 billion, the most of any ETF.

Coming in second and third on the outflows list were two other international ETFs: the iShares MSCI Eurozone ETF (EZU | A-84), with outflows of $285 million; and the WisdomTree Europe Hedged Equity Fund (HEDJ | B-47), with outflows of $256 million.

Top 10 Creations (All ETFs)

Top 10 Redemptions (All ETFs)

ETF Weekly Flows By Asset Class

Top 10 Volume Surprises, Funds >$50 mm AUM

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.