Weekly Inflows Top $40B Led by IBIT & GLD

Sumit Roy

Senior ETF Analyst

Oct 22, 2024

Reviewed by: etf.com Staff

Edited by: Kiran Aditham

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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.

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 Inflows Top $40B Led by IBIT & GLD

Top 10 Creations (All ETFs)

Top 10 Redemptions (All ETFs)

ETF Weekly Flows by Asset Class

Top 10 Volume Surprises, Funds >$50 mm AUM

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

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