YTD ETF Inflows Total $131B

U.S. fixed income and equity ETFs saw solid demand this week. 

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

U.S. stocks edged up to their highest levels since early March this week, helping to bolster ETF inflows. On net, $12 billion flowed into U.S.-listed ETFs during the week ending Thursday, May 21. Year-to-date net inflows now stand at $131 billion, ahead of the $73.5 billion seen at this same time last year.

While U.S. equity ETFs had solid inflows of $3.6 billion during the week, U.S. fixed income ETFs were the most popular segment, with inflows of $7.9 billion. Continued support from the Federal Reserve's Secondary Market Corporate Credit Facility (SMCCF) bolstered prices and sentiment for corporate bond ETFs.

Fed Continues To Buy 

The iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) and the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) each had weekly inflows of more than $1 billion. Thus far, the Fed has purchased $1.8 billion of corporate bond ETFs under the SMCCF, though it has yet to reveal exactly which funds those are.

In addition to corporate bond ETFs, investors favored the tech-heavy Invesco QQQ Trust (QQQ) and the SPDR Gold Trust (GLD) this week. QQQ gathered $3.3 billion of new money as prices for the fund hovered just below its record highs set in Feburary. Meanwhile, gold traded around recent highs of $1,750/oz thanks to strong investor demand. On a year-to-date basis, GLD has had inflows of $11.8 billion. 

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
QQQInvesco QQQ Trust3,276.54107,216.863.06%
IWMiShares Russell 2000 ETF2,564.8036,211.027.08%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF1,418.8947,615.192.98%
JNKSPDR Bloomberg Barclays High Yield Bond ETF1,066.0811,150.599.56%
HYGiShares iBoxx USD High Yield Corporate Bond ETF1,023.8422,336.264.58%
VCITVanguard Intermediate-Term Corporate Bond ETF718.7928,759.612.50%
SLViShares Silver Trust564.897,991.857.07%
VCSHVanguard Short-Term Corporate Bond ETF493.8725,474.671.94%
GLDSPDR Gold Trust423.0162,509.910.68%
ACWIiShares MSCI ACWI ETF417.9710,795.243.87%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-2,186.30263,854.11-0.83%
AGGiShares Core U.S. Aggregate Bond ETF-977.5771,410.20-1.37%
FIHDUBS AG FI Enhanced Global High Yield ETN-722.1586.24-837.32%
XLPConsumer Staples Select Sector SPDR Fund-609.1514,189.99-4.29%
VIGVanguard Dividend Appreciation ETF-462.8741,125.01-1.13%
FXIiShares China Large-Cap ETF-412.103,410.90-12.08%
IVViShares Core S&P 500 ETF-357.96184,495.82-0.19%
VNQVanguard Real Estate ETF-343.7425,715.44-1.34%
IEFAiShares Core MSCI EAFE ETF-340.6461,999.82-0.55%
SCHFSchwab International Equity ETF-315.7718,268.96-1.73%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity3,594.542,314,076.140.16%
International Equity-735.16732,325.52-0.10%
U.S. Fixed Income7,887.78822,268.660.96%
International Fixed Income473.7987,190.470.54%
Commodities ETFs1,461.53115,074.841.27%
Currency-158.822,017.81-7.87%
Leveraged-1,471.4933,157.15-4.44%
Inverse696.9618,694.433.73%
Asset Allocation23.279,083.770.26%
Alternatives213.304,544.564.69%
Total:11,985.714,138,433.350.29%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity52,333.842,314,076.142.26%
International Equity-17,427.98732,325.52-2.38%
U.S. Fixed Income51,556.24822,268.666.27%
International Fixed Income672.5287,190.470.77%
Commodities ETFs27,088.31115,074.8423.54%
Currency706.152,017.8135.00%
Leveraged5,911.4333,157.1517.83%
Inverse11,476.3518,694.4361.39%
Asset Allocation-8.129,083.77-0.09%
Alternatives-1,327.844,544.56-29.22%
Total:130,980.914,138,433.353.16%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
JPMFJPMorgan Managed Futures Strategy ETF31,870254,012797.02%
JPMBJPMorgan USD Emerging Markets Sovereign Bond ETF15,12659,119390.86%
INKMSPDR SSGA Income Allocation ETF56,244218,689388.82%
SUSLiShares ESG MSCI USA Leaders ETF95,599375,140392.41%
JPHFJPMorgan Diversified Alternatives ETF28,074166,134591.77%
TOKiShares MSCI Kokusai ETF14,456105,101727.06%
MDYGSPDR S&P 400 Mid Cap Growth ETF346,2981,144,893330.61%
HYLVIQ S&P High Yield Low Volatility Bond ETF36,183115,123318.17%
ULSTSPDR SSgA Ultra Short Term Bond ETF61,745187,421303.54%
IMOMAlpha Architect International Quantitative Momentum ETF17,07849,183287.99%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
GAZZFiPath Bloomberg Natural Gas Subindex Total Return ETN33.33%10,3900.00
GSCGS Connect S&P GSCI Enhanced Commodity TR Strategy ETN22.67%1,3470.00
DODXFElements Dogs of the DOW Dow Jones High Yield Select 10 Total Return ETN15.04%5,30217.60
AMZAInfraCap MLP ETF11.64%378,929125.90
POTXGlobal X Cannabis ETF11.14%151,92710.02
BDRYBreakwave Dry Bulk Shipping ETF10.79%1,274,97622.18
JETSUS Global Jets ETF10.08%11,956,768722.61
AWAYETFMG Travel Tech ETF9.97%36,0323.46
BUYUSCF SummerHaven SHPEI Index Fund9.67%7,35121.44
PGMiPath Series B Bloomberg Platinum Subindex Total Return ETN9.61%1,0394.19

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
VXXiPath Series B S&P 500 VIX Short Term Futures ETN138.29%-1.56%762.13
VIXYProShares VIX Short-Term Futures ETF137.81%-1.66%172.09
VIIXVelocityShares Daily Long VIX Short-Term ETN137.32%-2.03%50.41
XVZiPath S&P 500 Dynamic VIX ETN92.45%-1.40%5.90
VIXMProShares VIX Mid-Term Futures ETF88.49%-2.00%63.67
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN87.98%-2.26%27.13
GRNTFiPath Global Carbon ETN74.64%0.00%4.89
CLIXProShares Long Online/Short Stores ETF44.44%-0.25%189.44
ARKGARK Genomic Revolution ETF39.05%3.83%1,031.88
ZROZPIMCO 25+ Year Zero Coupon US Treasury Index ETF30.40%-2.79%376.58

 

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.