Weekly Flows Into US Equity ETFs Total $6.4B

Apr 08, 2016

Reviewed by: etf.com Staff

Edited by: etf.com Staff

A cool $7.4 billion of fresh money entered U.S.-listed exchange-traded funds in the week ending Thursday, April 7. The vast majority of that money, $6.4 billion, entered U.S. equity ETFs, as investors remained optimistic on the outlook for U.S. corporations despite head winds from overseas.

Meanwhile, U.S. fixed-income ETFs fell out of favor in the week. The category lost $69 million in the period, second only to currency ETFs, which had outflows of $107 million.

As is usually the case in a week with big flows, the SPDR S&P 500 (SPY | A-98) led the pack, with inflows of $1.3 billion. From there, inflows were evenly split among a host of different funds.

The Vanguard REIT ETF (VNQ | A-91) picked up $667 million in inflows, the Technology Select SPDR (XLK | A-94) had inflows of $600 million and the SPDR S&P Oil & Gas Exploration & Production ETF (XOP | A-66) gained $400 million.

Meanwhile, despite the net outflow for U.S. fixed-income ETFs as a whole, a few ETFs in the category saw interest from investors. The iShares TIPS Bond ETF (TIP | A-99) garnered inflows of $459 million and the iShares iBoxx Investment Grade Corporate Bond ETF (LQD | A-77) saw inflows of $452 million.

On the other end of the spectrum, four Treasury ETFs were in the top five in terms of outflows for the week, including the iShares 7-10 Year Treasury Bond ETF (IEF | A-55) and the iShares 1-3 Year Treasury Bond ETF (SHY | A-97), with outflows of $529 million and $467 million, respectively.

Finally, when it comes to equity ETFs, the iShares MSCI Japan ETF (EWJ | B-96), the PowerShares DWA Momentum ETF (PDP | B-72) and the WisdomTree Japan Hedged Equity ETF (DXJ | B-65) were among the biggest flows losers.

Top 10 Creations (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
SPY	SPDR S&P 500	1,250.36	185,335.43	0.68%
VNQ	Vanguard REIT	666.98	30,581.66	2.23%
XLK	Technology Select SPDR	599.99	13,972.85	4.49%
XLV	Health Care Select SPDR	547.29	12,416.39	4.61%
TIP	iShares TIPS Bond	459.09	16,822.99	2.81%
LQD	iShares iBoxx $ Investment Grade Corporate Bond	452.07	27,412.77	1.68%
IVV	iShares Core S&P 500	424.00	71,660.15	0.60%
XOP	SPDR S&P Oil & Gas Exploration & Production	399.52	1,675.31	31.32%
EFAV	iShares MSCI EAFE Minimum Volatility	329.33	6,085.82	5.72%
VOO	Vanguard S&P 500	308.39	43,856.92	0.71%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
IEF	iShares 7-10 Year Treasury Bond	-529.44	9,677.17	-5.19%
SHY	iShares 1-3 Year Treasury Bond	-467.32	10,969.63	-4.09%
IEI	iShares 3-7 Year Treasury Bond	-440.59	5,780.19	-7.08%
EWJ	iShares MSCI Japan	-338.86	16,139.89	-2.06%
BIL	SPDR Barclays 1-3 Month T-Bill	-287.89	2,230.02	-11.43%
PDP	PowerShares DWA Momentum	-226.47	1,456.32	-13.46%
VO	Vanguard Mid-Cap	-217.75	13,351.15	-1.60%
DXJ	WisdomTree Japan Hedged Equity	-205.68	9,018.00	-2.23%
TLT	iShares 20+ Year Treasury Bond	-195.83	9,708.80	-1.98%
SHYG	iShares 0-5 Year High Yield Corporate Bond	-187.79	1,064.81	-14.99%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	6,396.36	957,848.25	0.67%
International Equity	263.43	373,187.74	0.07%
U.S. Fixed Income	-69.26	293,176.39	-0.02%
International Fixed Income	359.71	25,149.09	1.43%
Commodities	150.04	47,333.38	0.32%
Currency	-107.05	1,123.63	-9.53%
Leveraged	59.94	18,407.57	0.33%
Inverse	142.21	15,651.05	0.91%
Asset Allocation	107.65	4,420.45	2.44%
Alternatives	131.42	2,869.10	4.58%
Total:	7,434.45	1,739,166.65	0.43%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker	Name	Average Volume (30 Day)	1 Week Average Volume	% of Average
PDBC	PowerShares DB Optimum Yield Diversified Commodity Strategy	287,831	1,754,248	609.47%
USDU	WisdomTree Bloomberg US Dollar Bullish	548,991	1,973,347	359.45%
PYZ	PowerShares DWA Basic Materials Momentum	89,711	633,918	706.62%
IXJ	iShares Global Healthcare	142,407	485,877	341.19%
FLTB	Fidelity Limited Term Bond	296,580	870,080	293.37%
BWZ	SPDR Barclays Short Term International Treasury Bond	391,300	1,152,870	294.63%
DBJP	Deutsche X-trackers MSCI Japan Hedged Equity ETF	719,705	2,470,593	343.28%
MLPN	Credit Suisse X-Links Cushing MLP Infrastructure ETN	164,090	533,861	325.35%
PEZ	PowerShares DWA Consumer Cyclicals Momentum	136,767	781,630	571.50%
FXY	CurrencyShares Japanese Yen Trust	284,472	1,016,829	357.44%

Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
WMCR	Guggenheim Wilshire Micro-Cap	0.00%	17,377	21.64
VXF	Vanguard Extended Market	0.00%	1,369,661	3,753.75
XLB	Materials Select SPDR	0.00%	25,407,000	2,390.79
WMW	ELEMENTS Morningstar Wide Moat Focus Total Return ETN	0.00%	4,161	18.90
XBI	SPDR S&P Biotech	0.00%	42,326,287	2,042.93
XLE	Energy Select SPDR	0.00%	64,881,357	12,623.87
XLY	Consumer Discretionary Select SPDR	0.00%	32,938,593	10,805.28
FVC	First Trust Dorsey Wright Dynamic Focus 5	0.00%	775,581	24.15
XLU	Utilities Select SPDR	0.00%	72,111,650	8,387.79
WPS	iShares International Developed Property	0.00%	31,975	145.24

Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
WMCR	Guggenheim Wilshire Micro-Cap	0.00%	17,377	21.64
VXF	Vanguard Extended Market	0.00%	1,369,661	3,753.75
XLB	Materials Select SPDR	0.00%	25,407,000	2,390.79
WMW	ELEMENTS Morningstar Wide Moat Focus Total Return ETN	0.00%	4,161	18.90
XBI	SPDR S&P Biotech	0.00%	42,326,287	2,042.93
XLE	Energy Select SPDR	0.00%	64,881,357	12,623.87
XLY	Consumer Discretionary Select SPDR	0.00%	32,938,593	10,805.28
FVC	First Trust Dorsey Wright Dynamic Focus 5	0.00%	775,581	24.15
XLU	Utilities Select SPDR	0.00%	72,111,650	8,387.79
WPS	iShares International Developed Property	0.00%	31,975	145.24

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
VPU	Vanguard Utilities	0.00%	0.00%	2,368.41
VOX	Vanguard Telecommunication Services	0.00%	0.00%	1,451.34
WMW	ELEMENTS Morningstar Wide Moat Focus Total Return ETN	0.00%	0.00%	18.90
VSS	Vanguard FTSE All-World ex-US Small Cap	0.00%	0.00%	2,441.41
WMCR	Guggenheim Wilshire Micro-Cap	0.00%	0.00%	21.64
XLB	Materials Select SPDR	0.00%	0.00%	2,390.79
XLU	Utilities Select SPDR	0.00%	0.00%	8,387.79
XLY	Consumer Discretionary Select SPDR	0.00%	0.00%	10,805.28
XLE	Energy Select SPDR	0.00%	0.00%	12,623.87
VXF	Vanguard Extended Market	0.00%	0.00%	3,753.75

Bottom 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
VPU	Vanguard Utilities	0.00%	0.00%	2,368.41
VOX	Vanguard Telecommunication Services	0.00%	0.00%	1,451.34
WMW	ELEMENTS Morningstar Wide Moat Focus Total Return ETN	0.00%	0.00%	18.90
VSS	Vanguard FTSE All-World ex-US Small Cap	0.00%	0.00%	2,441.41
WMCR	Guggenheim Wilshire Micro-Cap	0.00%	0.00%	21.64
XLB	Materials Select SPDR	0.00%	0.00%	2,390.79
XLU	Utilities Select SPDR	0.00%	0.00%	8,387.79
XLY	Consumer Discretionary Select SPDR	0.00%	0.00%	10,805.28
XLE	Energy Select SPDR	0.00%	0.00%	12,623.87
VXF	Vanguard Extended Market	0.00%	0.00%	3,753.75

Disclaimer: All data is from FactSet, 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.

etf.com Staff

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Weekly Flows Into US Equity ETFs Total $6.4B

Weekly Flows Into US Equity ETFs Total $6.4B

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