Weekly Flows Show Emerging Markets In Favor, Fixed Income Out Of Favor

Investors continued to add money to ETFs in the latest week.

ETF.com
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Reviewed by: etf.com Staff
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Edited by: etf.com Staff

Investors continued to add money to U.S.-listed exchange-traded funds this week as financial markets remained calm and the Federal Reserve left money policy unchanged, as expected. The S&P 500 hovered near record highs all week, lending confidence to bullish investors.

All told, nearly $6 billion entered ETFs in the week ending Thursday, July 28. Of that, $4.8 billion went into U.S. equity ETFs; $850 million went into international equity ETFs; and $550 million went into international fixed-income ETFs.

Emerging Markets Favored

In terms of individual ETFs, the SPDR S&P 500 ETF (SPY | A-97) took the top spot, as it often does. SPY had $2.2 billion worth of inflows, which was followed by the PowerShares QQQ Trust (QQQ | A-67), with nearly $650 million.

Emerging markets was also an area of interest this week. The Vanguard FTSE Emerging Markets ETF (VWO | B-96) and the iShares MSCI Emerging Markets ETF (EEM | B-100) garnered inflows of $396 million and $337 million, respectively.

The iShares JP Morgan USD Emerging Markets Bond ETF (EMB | B-58) was also in favor, with inflows of $289 million.

Fixed-Income And Gold ETFs Shunned

On the other end of the spectrum, the iShares Russell 2000 ETF (IWM | A-93) was the biggest loser, with outflows of $761 million.

Additionally, corporate bond ETFs fell out of favor this week. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD | A-77), the iShares iBoxx High Yield Corporate Bond ETF (HYG | B-68) and the SPDR Barclays High Yield Bond ETF (JNK | C-68) all had substantial outflows of $450 million to $750 million.

Several other fixed-income products, as well the safe-haven SPDR Gold Trust (GLD | A-100), with outflows of $377 million, made the redemptions list fot the week.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust2,202.90197,865.281.13%
QQQPowerShares QQQ Trust646.0838,012.751.73%
VEAVanguard FTSE Developed Markets ETF471.4434,798.521.37%
VTIVanguard Total Stock Market Index Fund438.6163,581.320.69%
AGGiShares Core U.S. Aggregate Bond ETF438.0940,234.341.10%
IVViShares Core S&P 500 ETF436.4977,270.490.57%
VWOVanguard FTSE Emerging Markets ETF395.7040,111.841.00%
EEMiShares MSCI Emerging Markets ETF337.2527,826.541.23%
DIASPDR Dow Jones Industrial Average ETF Trust315.2312,797.952.53%
EMBiShares JP Morgan USD Emerging Markets Bond ETF288.888,734.373.42%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IWMiShares Russell 2000 ETF-761.4827,685.19-2.68%
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF-738.7531,662.57-2.28%
HYGiShares iBoxx $ High Yield Corporate Bond ETF-504.2716,904.29-2.90%
DBEFDeutsche X-trackers MSCI EAFE Hedged Equity ETF-450.9210,381.04-4.16%
JNKSPDR Barclays High Yield Bond ETF-450.1411,983.65-3.62%
SHViShares Short Treasury Bond ETF-419.473,411.17-10.95%
EZUiShares MSCI Eurozone ETF-386.358,608.21-4.30%
GLDSPDR Gold Trust-377.1540,761.08-0.92%
XLIIndustrial Select Sector SPDR Fund-355.386,822.32-4.95%
XLPConsumer Staples Select Sector SPDR Fund-325.509,260.44-3.40%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity4,776.241,308,557.950.37%
International Equity845.73489,557.300.17%
U.S. Fixed Income69.76395,978.340.02%
International Fixed Income550.5338,664.901.42%
Commodities-280.7473,333.64-0.38%
Currency-24.971,504.96-1.66%
Leveraged193.6223,948.810.81%
Inverse-304.9019,677.48-1.55%
Asset Allocation9.616,274.320.15%
Alternatives150.843,811.593.96%
Total:5,985.722,361,309.280.25%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
JHMLJohn Hancock Multifactor Large Cap ETF252,1261,785,835708.31%
JHMMJohn Hancock Multifactor Mid Cap ETF133,587931,740697.48%
SIZEiShares MSCI USA Size Factor ETF20,239124,711616.18%
EUSAiShares MSCI USA Equal Weighted ETF14,84692,207621.09%
SCIUGlobal X Scientific Beta US ETF29,507117,452398.04%
MLPZETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B200772385.33%
IGMiShares North American Tech ETF32,012114,777358.55%
VGLTVanguard Long-Term Government Bond Index Fund158,700566,916357.22%
IBDBiShares iBonds Mar 2018 Term Corporate ETF3,50319,291550.65%
UPWProShares Ultra Utilities1,8546,036325.53%

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.

 

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