Weekly Flows Rebound To $6B

Senior ETF Analyst

Nov 02, 2018

Reviewed by: Sumit Roy

Edited by: Sumit Roy

Bargains and safety were the two themes investors embraced this week as volatility continued to slam markets. All told, investors added $6.6 billion to U.S.-listed ETFs during the week ending Thursday, Nov. 1, pushing year-to-date inflows up to $214 billion.

The S&P 500 briefly fell to a six-month low on Monday before rebounding on the back of bargain buying. Funds like the iShares Russell 1000 Value ETF (IWD), the Vanguard Total Stock Market ETF (VTI) and the iShares Core S&P 500 ETF (IVV) were favored by investors looking for low-cost exposure to U.S. stocks.

At the same time, investors rushed into short-term fixed-income ETFs, taking advantage of the safety and solid yields they provide, with minimal interest rate risk. The SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL) and the iShares 1-3 Year Treasury Bond ETF (SHY) had inflows of $957 million and $839 million, respectively, during the week.

On the flip side, bond funds with more interest rate risk, such as the iShares Core U.S. Aggregate Bond ETF (AGG) and the iShares TIPS Bond ETF (TIP), were shunned as the U.S. 10-year Treasury yield eclipsed 3.2%, close to recent highs (bond yields and prices move inversely).

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
BIL	SPDR Bloomberg Barclays 1-3 Month T-Bill ETF	956.87	5,320.35	17.99%
SHY	iShares 1-3 Year Treasury Bond ETF	839.01	15,098.22	5.56%
IWD	iShares Russell 1000 Value ETF	651.11	36,585.48	1.78%
VTI	Vanguard Total Stock Market ETF	553.26	99,721.25	0.55%
IVV	iShares Core S&P 500 ETF	549.02	158,362.35	0.35%
MINT	PIMCO Enhanced Short Maturity Active ETF	497.58	11,413.31	4.36%
VOO	Vanguard S&P 500 ETF	493.57	99,387.55	0.50%
SHV	iShares Short Treasury Bond ETF	463.70	15,635.85	2.97%
XLB	Materials Select Sector SPDR Fund	457.76	4,098.80	11.17%
GLD	SPDR Gold Trust	439.66	29,709.15	1.48%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
SPY	SPDR S&P 500 ETF Trust	-601.40	256,708.25	-0.23%
IWM	iShares Russell 2000 ETF	-455.96	44,641.10	-1.02%
AGG	iShares Core U.S. Aggregate Bond ETF	-376.88	52,577.99	-0.72%
BKLN	Invesco Senior Loan ETF	-369.26	6,685.63	-5.52%
IWB	iShares Russell 1000 ETF	-339.35	16,903.80	-2.01%
MDY	SPDR S&P Midcap 400 ETF Trust	-328.67	18,393.06	-1.79%
TIP	iShares TIPS Bond ETF	-327.34	22,223.15	-1.47%
RSP	Invesco S&P 500 Equal Weight ETF	-318.66	14,631.64	-2.18%
XLK	Technology Select Sector SPDR Fund	-294.48	19,678.72	-1.50%
IEFA	iShares Core MSCI EAFE ETF	-294.47	55,065.61	-0.53%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	3,275.15	2,013,343.54	0.16%
International Equity	-34.07	738,883.44	-0.00%
U.S. Fixed Income	2,455.83	561,226.06	0.44%
International Fixed Income	94.78	65,500.29	0.14%
Commodities	178.65	60,805.65	0.29%
Currency	33.28	1,133.98	2.93%
Leveraged	622.08	35,134.65	1.77%
Inverse	-58.46	13,339.00	-0.44%
Asset Allocation	-7.80	8,971.82	-0.09%
Alternatives	88.32	4,814.52	1.83%
Total:	6,647.76	3,503,152.93	0.19%

Asset Classes (Year-to-Date)

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	95,290.22	2,013,343.54	4.73%
International Equity	41,580.07	738,883.44	5.63%
U.S. Fixed Income	57,776.83	561,226.06	10.29%
International Fixed Income	10,281.41	65,500.29	15.70%
Commodities	-283.37	60,805.65	-0.47%
Currency	-33.19	1,133.98	-2.93%
Leveraged	6,561.42	35,134.65	18.68%
Inverse	1,939.16	13,339.00	14.54%
Asset Allocation	661.63	8,971.82	7.37%
Alternatives	273.81	4,814.52	5.69%
Total:	214,047.99	3,503,152.93	6.11%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker	Name	Average Volume (30 Day)	1 Week Average Volume	% of Average
COMT	iShares Commodities Select Strategy ETF	122,986	588,277	478.33%
USVM	USAA MSCI USA Small Cap Value Momentum Blend Index ETF	8,303	37,183	447.83%
FXF	Invesco CurrencyShares Swiss Franc Trust	14,740	43,894	297.79%
LTPZ	PIMCO 15+ Year US TIPS Index ETF	28,624	89,783	313.66%
JPEU	JPMorgan Diversified Return Europe Equity ETF	1,712	4,791	279.81%
EMTL	SPDR DoubleLine Emerging Markets Fixed Income ETF	6,909	17,281	250.13%
XMX	WisdomTree Global ex-Mexico Equity Fund	23,870	43,376	181.72%
RYU	Invesco S&P 500 Equal Weight Utilities ETF	11,904	33,881	284.62%
ULVM	USAA MSCI USA Value Momentum Blend Index ETF	9,789	22,998	234.94%
IQDG	WisdomTree International Quality Dividend Growth	15,193	38,884	255.94%

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

| Contact: [email protected]

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.

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Weekly Flows Rebound To $6B

Weekly Flows Rebound To $6B

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