YTD ETF Inflows Approach $100B
Despite a sell-off in stocks, investors kept adding to their ETF holdings.
A modest sell-off in equity markets didn't stop investors from adding to their ETF holdings this week. The S&P 500 declined in every session but one during the holiday-shortened trading week, yet U.S.-listed ETFs registered net inflows of $9 billion. That brought year-to-date inflows up to $98.3 billion, well ahead of last year's $9.4 billion pace.
U.S. equity ETFs picked up the most new cash of all segments, $3.2 billion. That was followed by U.S. fixed-income ETFs, with inflows of $3.1 billion. This week, the benchmark U.S. 10-year Treasury yield dipped below 1.44% for the first time since September, pushing the prices of many bond ETFs higher (bond prices and yields move inversely).
Commodity ETFs also saw some decent demand during the week, led by the nearly $600 million that flowed into the SPDR Gold Trust (GLD).
Only the Invesco S&P 500 Low Volatility ETF (SPLV), the Invesco QQQ Trust (QQQ) and the SPDR Portfolio S&P 500 ETF (SPLG) had larger inflows than GLD during the period.
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPLV | Invesco S&P 500 Low Volatility ETF | 1,211.17 | 14,365.77 | 8.43% |
QQQ | Invesco QQQ Trust | 1,073.11 | 99,437.65 | 1.08% |
SPLG | SPDR Portfolio S&P 500 ETF | 699.64 | 4,768.95 | 14.67% |
GLD | SPDR Gold Trust | 597.16 | 48,159.75 | 1.24% |
IBB | iShares NASDAQ Biotechnology ETF | 586.94 | 7,598.29 | 7.72% |
VTI | Vanguard Total Stock Market ETF | 549.68 | 149,376.03 | 0.37% |
VEA | Vanguard FTSE Developed Markets ETF | 531.85 | 81,531.82 | 0.65% |
AGG | iShares Core U.S. Aggregate Bond ETF | 502.93 | 74,405.54 | 0.68% |
TLT | iShares 20+ Year Treasury Bond ETF | 462.34 | 19,927.45 | 2.32% |
MTUM | iShares Edge MSCI U.S.A. Momentum Factor ETF | 431.46 | 11,110.04 | 3.88% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S&P 500 ETF Trust | -1,983.48 | 322,313.98 | -0.62% |
IVV | iShares Core S&P 500 ETF | -1,237.24 | 220,213.77 | -0.56% |
JNK | SPDR Bloomberg Barclays High Yield Bond ETF | -791.87 | 9,650.49 | -8.21% |
BBJP | JPMorgan BetaBuilders Japan ETF | -671.13 | 3,234.08 | -20.75% |
LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -669.15 | 35,172.92 | -1.90% |
XLU | Utilities Select Sector SPDR Fund | -447.51 | 12,153.25 | -3.68% |
XLB | Materials Select Sector SPDR Fund | -383.98 | 4,061.51 | -9.45% |
EWJ | iShares MSCI Japan ETF | -320.10 | 12,452.73 | -2.57% |
XT | iShares Exponential Technologies ETF | -258.81 | 2,558.56 | -10.12% |
QUAL | iShares Edge MSCI U.S.A. Quality Factor ETF | -247.24 | 17,863.77 | -1.38% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 3,216.60 | 2,683,294.14 | 0.12% |
International Equity | 896.34 | 909,585.43 | 0.10% |
U.S. Fixed Income | 3,098.24 | 799,984.15 | 0.39% |
International Fixed Income | 645.51 | 95,757.51 | 0.67% |
Commodities ETFs | 808.98 | 89,196.77 | 0.91% |
Currency | 22.35 | 1,409.55 | 1.59% |
Leveraged | -120.27 | 45,337.74 | -0.27% |
Inverse | 220.20 | 11,286.00 | 1.95% |
Asset Allocation | 38.65 | 11,085.86 | 0.35% |
Alternatives | 123.53 | 4,996.55 | 2.47% |
Total: | 8,950.14 | 4,651,933.70 | 0.19% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 38,709.39 | 2,683,294.14 | 1.44% |
International Equity | 16,916.49 | 909,585.43 | 1.86% |
U.S. Fixed Income | 31,109.49 | 799,984.15 | 3.89% |
International Fixed Income | 4,399.38 | 95,757.51 | 4.59% |
Commodities ETFs | 4,185.83 | 89,196.77 | 4.69% |
Currency | 80.75 | 1,409.55 | 5.73% |
Leveraged | 1,420.89 | 45,337.74 | 3.13% |
Inverse | 627.41 | 11,286.00 | 5.56% |
Asset Allocation | 272.56 | 11,085.86 | 2.46% |
Alternatives | 549.16 | 4,996.55 | 10.99% |
Total: | 98,271.36 | 4,651,933.70 | 2.11% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
WBND | Western Asset Total Return ETF | 34,009 | 145,280 | 427.18% |
CCOR | Core Alternative ETF | 26,808 | 102,117 | 380.92% |
SUSL | iShares ESG MSCI USA Leaders ETF | 24,347 | 100,726 | 413.71% |
POCT | Innovator S&P 500 Power Buffer ETF - October | 88,754 | 302,161 | 340.45% |
TPHD | Timothy Plan High Dividend Stock ETF | 26,224 | 75,464 | 287.77% |
PSCF | Invesco S&P SmallCap Financials ETF | 6,684 | 18,534 | 277.28% |
DEUS | Xtrackers Russell 1000 Comprehensive Factor ETF | 25,073 | 73,060 | 291.39% |
MINC | AdvisorShares Newfleet Multi-Sector Income ETF | 4,604 | 15,608 | 339.00% |
HAP | VanEck Vectors Natural Resources ETF | 20,052 | 40,966 | 204.30% |
FDHY | Fidelity High Yield Factor ETF | 28,006 | 68,928 | 246.12% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
PALL | Aberdeen Standard Physical Palladium Shares ETF | 11.20% | 245,652 | 464.47 |
CNRG | SPDR S&P Kensho Clean Power ETF | 9.04% | 64,005 | 29.30 |
TAN | Invesco Solar ETF | 8.61% | 1,770,571 | 670.20 |
ACES | ALPS Clean Energy ETF | 7.78% | 318,358 | 190.83 |
PBW | Invesco WilderHill Clean Energy ETF | 7.53% | 651,927 | 365.88 |
GDXJ | VanEck Vectors Junior Gold Miners ETF | 7.49% | 51,188,111 | 5,312.31 |
SILJ | ETFMG Prime Junior Silver Miners ETF | 6.84% | 1,742,865 | 161.70 |
UNG | United States Natural Gas Fund LP | 6.56% | 9,693,789 | 546.15 |
SLVP | iShares MSCI Global Silver Miners ETF | 6.36% | 534,676 | 100.79 |
SIL | Global X Silver Miners ETF | 6.07% | 899,928 | 560.91 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
PALL | Aberdeen Standard Physical Palladium Shares ETF | 38.94% | 11.20% | 464.47 |
TAN | Invesco Solar ETF | 35.91% | 8.61% | 670.20 |
PBW | Invesco WilderHill Clean Energy ETF | 30.73% | 7.53% | 365.88 |
ACES | ALPS Clean Energy ETF | 28.88% | 7.78% | 190.83 |
QCLN | First Trust NASDAQ Clean Edge Green Energy Index Fund | 24.99% | 6.02% | 248.13 |
ARKW | ARK Next Generation Internet ETF | 24.33% | 2.76% | 603.83 |
FNGS | MicroSectors FANG+ ETN | 24.02% | 4.40% | 41.30 |
LIT | Global X Lithium & Battery Tech ETF | 22.93% | 1.90% | 635.91 |
CNRG | SPDR S&P Kensho Clean Power ETF | 22.77% | 9.04% | 29.30 |
ICLN | iShares Global Clean Energy ETF | 21.19% | 6.00% | 701.70 |
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.