Whopping $37B Flows Into ETFs

It was by far the largest weekly inflow of the year.

sumit
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Senior ETF Analyst
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Reviewed by: Sumit Roy
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Edited by: Sumit Roy

After slumbering for the first 2 1/2 months of the year, ETF investors suddenly awakened. In a mere five days, they plowed a whopping $36.7 billion into U.S.-listed ETFs—mostly U.S. equity funds. Inflows for the whole year now stand at $54.7 billion.

The latest data, which measure the week ending Thursday, March 14 and that come from FactSet, showed inflows of $30.6 billion for U.S. equity ETFs; $5.4 billion for U.S. fixed-income ETFs; and $867 million for international fixed-income ETFs.

Mystery Spike

There was no obvious catalyst for the sharp spike in flows. The S&P 500 reached its highest level in five months this week, but it’s been climbing all year long. The index is now up more than 12.5% year-to-date.

Low-cost, broad-market ETFs from iShares and Vanguard dominated the weekly inflows list. The iShares Core S&P 500 ETF (IVV), the iShares Select Dividend ETF (DVY) and the Vanguard Value ETF (VTV) took the top three spots.

On the flip side, the Energy Select Sector SPDR Fund (XLE), the iShares MSCI Japan ETF (EWJ) and the iShares 20+ Year Treasury Bond ETF (TLT) topped the outflows list, shedding between $300 million and $680 million each.

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
IVViShares Core S&P 500 ETF3,873.39165,851.072.34%
DVYiShares Select Dividend ETF2,485.7919,752.4112.58%
VTVVanguard Value ETF2,316.3948,850.974.74%
VOOVanguard S&P 500 ETF1,952.33105,615.291.85%
VOVanguard Mid-Cap ETF1,929.6026,663.757.24%
VIGVanguard Dividend Appreciation ETF1,828.7334,400.545.32%
SPYSPDR S&P 500 ETF Trust1,753.00262,968.770.67%
SCHDSchwab U.S. Dividend Equity ETF1,199.1310,090.9811.88%
VYMVanguard High Dividend Yield ETF1,185.8623,991.714.94%
VUGVanguard Growth ETF1,084.5238,567.762.81%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
XLEEnergy Select Sector SPDR Fund-679.0714,063.39-4.83%
EWJiShares MSCI Japan ETF-616.7314,446.57-4.27%
TLTiShares 20+ Year Treasury Bond ETF-303.1610,199.96-2.97%
EMBiShares JP Morgan USD Emerging Markets Bond ETF-236.5717,136.18-1.38%
VGTVanguard Information Technology ETF-233.8818,967.38-1.23%
VNQVanguard Real Estate ETF-232.3933,566.61-0.69%
SPSMSPDR Portfolio Small Cap ETF-230.011,232.87-18.66%
MTUMiShares Edge MSCI U.S.A. Momentum Factor ETF-214.768,444.45-2.54%
ITOTiShares Core S&P Total U.S. Stock Market ETF-211.9718,484.19-1.15%
IWFiShares Russell 1000 Growth ETF-204.9042,272.28-0.48%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity30,582.502,153,191.541.42%
International Equity866.99814,904.670.11%
U.S. Fixed Income5,371.52623,940.580.86%
International Fixed Income-61.3274,125.58-0.08%
Commodities 210.6064,879.060.32%
Currency-10.191,473.70-0.69%
Leveraged-196.8437,166.63-0.53%
Inverse14.0311,784.280.12%
Asset Allocation-51.209,368.83-0.55%
Alternatives-20.084,525.13-0.44%
Total:36,706.013,795,359.980.97%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity17,973.052,153,191.540.83%
International Equity7,188.33814,904.670.88%
U.S. Fixed Income22,381.06623,940.583.59%
International Fixed Income6,963.4174,125.589.39%
Commodities -265.5864,879.06-0.41%
Currency-313.011,473.70-21.24%
Leveraged-1,607.8037,166.63-4.33%
Inverse2,539.0511,784.2821.55%
Asset Allocation-604.649,368.83-6.45%
Alternatives447.424,525.139.89%
Total:54,701.303,795,359.981.44%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
WBIGWBI BullBear Yield 1000 ETF51,829311,849601.69%
WBICWBI BullBear Yield 2000 ETF48,627287,611591.46%
WBIHWBI BullBear Global High Income ETF123,390658,568533.73%
WBIIWBI BullBear Global Income ETF55,768292,532524.55%
PYZInvesco DWA Basic Materials Momentum ETF7,34038,070518.65%
WBIYWBI Power Factor High Dividend ETF42,843188,615440.24%
FNKFirst Trust Mid Cap Value AlphaDEX Fund7,80824,858318.35%
JAGGJPMorgan U.S. Aggregate Bond ETF150,245346,743230.78%
BBREJPMorgan BetaBuilders MSCI U.S. REIT ETF5,83813,333228.39%
XTLSPDR S&P Telecom ETF9,05316,215179.11%

 

 

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.