Weekly Flows Rebound To $6B

ETFs like ‘BIL’ and ‘SHY’ topped the weekly 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

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)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
BILSPDR Bloomberg Barclays 1-3 Month T-Bill ETF956.875,320.3517.99%
SHYiShares 1-3 Year Treasury Bond ETF839.0115,098.225.56%
IWDiShares Russell 1000 Value ETF651.1136,585.481.78%
VTIVanguard Total Stock Market ETF553.2699,721.250.55%
IVViShares Core S&P 500 ETF549.02158,362.350.35%
MINTPIMCO Enhanced Short Maturity Active ETF497.5811,413.314.36%
VOOVanguard S&P 500 ETF493.5799,387.550.50%
SHViShares Short Treasury Bond ETF463.7015,635.852.97%
XLBMaterials Select Sector SPDR Fund457.764,098.8011.17%
GLDSPDR Gold Trust439.6629,709.151.48%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-601.40256,708.25-0.23%
IWMiShares Russell 2000 ETF-455.9644,641.10-1.02%
AGGiShares Core U.S. Aggregate Bond ETF-376.8852,577.99-0.72%
BKLNInvesco Senior Loan ETF-369.266,685.63-5.52%
IWBiShares Russell 1000 ETF-339.3516,903.80-2.01%
MDYSPDR S&P Midcap 400 ETF Trust-328.6718,393.06-1.79%
TIPiShares TIPS Bond ETF-327.3422,223.15-1.47%
RSPInvesco S&P 500 Equal Weight ETF-318.6614,631.64-2.18%
XLKTechnology Select Sector SPDR Fund-294.4819,678.72-1.50%
IEFAiShares Core MSCI EAFE ETF-294.4755,065.61-0.53%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity3,275.152,013,343.540.16%
International Equity-34.07738,883.44-0.00%
U.S. Fixed Income2,455.83561,226.060.44%
International Fixed Income94.7865,500.290.14%
Commodities 178.6560,805.650.29%
Currency33.281,133.982.93%
Leveraged622.0835,134.651.77%
Inverse-58.4613,339.00-0.44%
Asset Allocation-7.808,971.82-0.09%
Alternatives88.324,814.521.83%
Total:6,647.763,503,152.930.19%

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity95,290.222,013,343.544.73%
International Equity41,580.07738,883.445.63%
U.S. Fixed Income57,776.83561,226.0610.29%
International Fixed Income10,281.4165,500.2915.70%
Commodities -283.3760,805.65-0.47%
Currency-33.191,133.98-2.93%
Leveraged6,561.4235,134.6518.68%
Inverse1,939.1613,339.0014.54%
Asset Allocation661.638,971.827.37%
Alternatives273.814,814.525.69%
Total:214,047.993,503,152.936.11%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
COMTiShares Commodities Select Strategy ETF122,986588,277478.33%
USVMUSAA MSCI USA Small Cap Value Momentum Blend Index ETF8,30337,183447.83%
FXFInvesco CurrencyShares Swiss Franc Trust14,74043,894297.79%
LTPZPIMCO 15+ Year US TIPS Index ETF28,62489,783313.66%
JPEUJPMorgan Diversified Return Europe Equity ETF1,7124,791279.81%
EMTLSPDR DoubleLine Emerging Markets Fixed Income ETF6,90917,281250.13%
XMXWisdomTree Global ex-Mexico Equity Fund23,87043,376181.72%
RYUInvesco S&P 500 Equal Weight Utilities ETF11,90433,881284.62%
ULVMUSAA MSCI USA Value Momentum Blend Index ETF9,78922,998234.94%
IQDGWisdomTree International Quality Dividend Growth15,19338,884255.94%

 

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 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.