Weekly Inflows Top $40B Led by IBIT & GLD
Investors pushed billions into ETFs last week.
ETF inflows were sizzling hot last week as the U.S. stock market notched a fresh record high.
Just under $40.5 billion flowed into U.S.-listed ETFs during the week ending Friday, Oct. 18, led by a $25.7 billion haul for U.S. equity exchange-traded funds.
U.S. fixed income ETFs also saw strong demand, with weekly inflows of $6.8 billion.
Year-to-date inflows now stand at $778 billion, leaving them on track to potentially surpass $1 trillion by the end of the year.
Taking a look at individual ETFs, the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) led the pack with weekly inflows of $9.8 billion and $3.6 billion, respectively.
SPY hit an all-time high on Friday, boosting its year-to-date gain to 24.2%.
QQQ remained a tad bit lower than its July record high, but is getting close. Year-to-date returns for the ETF currently stand at 21.3% versus 23.2% in July.
In terms of fixed income ETFs, the iShares 20+ Year Treasury Bond ETF (TLT) was the biggest flows winner, with creations of $1.7 billion.
However, unlike most stock ETFs, bond ETFs have been falling in recent weeks. Since Sept. 16, the date of its 2024 high, TLT has dropped almost 9% as stronger economic data caused investors to pare back Fed rate cut expectations.
In addition to stock and bond ETFs, investors favored gold and bitcoin funds last week. The iShares Bitcoin Trust (IBIT) and the SPDR Gold Trust (GLD) each had inflows of around $1 billion.
Both assets, bitcoin and gold, have surged this year. IBIT is up 44% this year, while GLD is up 32%.
For a full list of last week’s top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
| SPY | SPDR S&P 500 ETF Trust | 9,816.05 | 599,613.18 | 1.64 |
| QQQ | Invesco QQQ Trust | 3,566.17 | 298,076.28 | 1.20 |
| VOO | Vanguard 500 Index Fund | 3,219.56 | 544,249.25 | 0.59 |
| TLT | iShares 20+ Year Treasury Bond ETF | 1,681.35 | 60,340.48 | 2.79 |
| IBIT | iShares Bitcoin Trust | 1,070.75 | 25,791.92 | 4.15 |
| GLD | SPDR Gold Trust | 936.24 | 76,807.14 | 1.22 |
| RSP | Invesco S&P 500 Equal Weight ETF | 839.18 | 67,218.45 | 1.25 |
| XLF | Financial Select Sector SPDR Fund | 788.50 | 45,567.58 | 1.73 |
| LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | 674.30 | 28,858.84 | 2.34 |
| SPLG | SPDR Portfolio S&P 500 ETF | 670.28 | 48,384.74 | 1.39 |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| IWF | iShares Russell 1000 Growth ETF | -741.33 | 99,257.03 | -0.75 |
| VGLT | Vanguard Long-Term Treasury Index ETF | -600.36 | 13,193.63 | -4.55 |
| SCHM | Schwab U.S. Mid-Cap ETF | -427.18 | 11,556.46 | -3.70 |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | -372.19 | 50,197.88 | -0.74 |
| TQQQ | ProShares UltraPro QQQ | -337.94 | 24,030.79 | -1.41 |
| XLE | Energy Select Sector SPDR Fund | -303.49 | 36,353.28 | -0.83 |
| XLV | Health Care Select Sector SPDR Fund | -300.39 | 41,150.02 | -0.73 |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | -279.40 | 33,582.83 | -0.83 |
| IWD | iShares Russell 1000 Value ETF | -270.91 | 61,027.93 | -0.44 |
| SHV | iShares Short Treasury Bond ETF | -268.15 | 18,530.19 | -1.45 |
ETF Weekly Flows by Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 64.14 | 8,782.57 | 0.73% |
| Asset Allocation | -1.77 | 20,794.12 | -0.01% |
| Commodities | 1,327.92 | 165,317.05 | 0.80% |
| Currency | 2,169.30 | 72,904.70 | 2.98% |
| International Equity | 2,730.95 | 1,610,003.43 | 0.17% |
| International Fixed Income | 2,316.96 | 229,166.80 | 1.01% |
| Inverse | -485.14 | 12,892.96 | -3.76% |
| Leveraged | -96.25 | 115,897.41 | -0.08% |
| U.S. Equity | 25,627.43 | 6,363,793.76 | 0.40% |
| U.S. Fixed Income | 6,805.86 | 1,548,412.59 | 0.44% |
| Total: | 40,459.41 | 10,147,965.37 | 0.40% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| UMAR | Innovator U.S. Equity Ultra Buffer ETF - March | 28,588 | 443,023.00 | 1,549.66%% |
| GDIV | Harbor Dividend Growth Leaders ETF | 46,812 | 698,843.00 | 1,492.87%% |
| DOCT | FT Vest U.S. Equity Deep Buffer ETF - October | 54,212 | 632,875.00 | 1,167.41%% |
| BHYB | Xtrackers USD High Yield BB-B ex Financials ETF | 112,115 | 1,300,251.00 | 1,159.74%% |
| ISVL | iShares International Developed Small Cap Value Factor ETF | 3,367 | 38,157.00 | 1,133.26%% |
| UCRD | VictoryShares Corporate Bond ETF | 12,949 | 140,110.00 | 1,082.05%% |
| BDEC | Innovator U.S. Equity Buffer ETF - December | 11,729 | 117,544.00 | 1,002.15%% |
| IEUR | iShares Core MSCI Europe ETF | 820,411 | 7,999,504.00 | 975.06%% |
| WTV | WisdomTree U.S. Value Fund | 23,953 | 222,908.00 | 930.60%% |
| TOGA | Tremblant Global ETF | 7,291 | 67,657.00 | 928.01%% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| PSIL | AdvisorShares Psychedelics ETF | 64.72% | 1,246,713 | 6.53 |
| URNJ | Sprott Junior Uranium Miners ETF | 12.65% | 1,228,042 | 334.63 |
| URA | Global X Uranium ETF | 11.29% | 22,782,328 | 3,839.96 |
| BKCH | Global X Blockchain ETF | 10.66% | 214,217 | 162.24 |
| WGMI | Valkyrie Bitcoin Miners ETF | 10.62% | 2,794,914 | 141.33 |
| NUKZ | Range Nuclear Renaissance Index ETF | 10.42% | 629,303 | 40.74 |
| DAPP | VanEck Digital Transformation ETF | 10.02% | 1,373,239 | 137.85 |
| BITQ | Bitwise Crypto Industry Innovators ETF | 9.42% | 472,686 | 138.12 |
| URNM | Sprott Uranium Miners ETF | 9.37% | 3,524,721 | 1,802.92 |
| NLR | VanEck Uranium and Nuclear ETF | 9.37% | 1,701,116 | 370.14 |
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.
