Investment Education

Just over $7.1 billion flowed into U.S.-listed exchange-traded funds last week, with volatility in the stock market causing ETF investors to favor bonds over stocks.

The $9.4 billion that went into U.S. fixed income ETFs was partially offset by the $5.6 billion that came out of U.S. equity ETFs. International equity and fixed income ETFs had net inflows of $1.7 billion and $2 billion, respectively.

Year-to-date inflows for all U.S.-listed ETFs rose to $605.5 billion, while total assets under management stand at $9.57 trillion.

Tech ETFs Struggle

Taking the top spot on the weekly inflows list was the Vanguard 500 Index Fund (VOO) . The ETF’s $3.7 billion of inflows was about a billion dollars ahead of the No. 2 on the list, the iShares MSCI EAFE Value ETF (EFV) .

On the fixed income side, the iShares Core Total USD Bond Market ETF (IUSB) and the iShares 7-10 Year Treasury Bond ETF (IEF) were the biggest flows winners, with inflows of $2.3 billion and $1.6 billion, respectively.

Stocks were hammered last week, while bonds rallied as economic growth worries continued to plague financial markets. Technology stocks, in particular, have been struggling.

The Vanguard Information Technology ETF (VGT) and the tech-heavy Invesco QQQ Trust (QQQ) were No.1 and No.3 on the weekly outflows list, with redemptions of $3.6 billion and $2.8 billion, respectively. The SPDR S&P 500 ETF Trust (SPY) , the world’s largest ETF and a favorite among traders, had outflows of $3.4 billion.

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<

VOO

Vanguard 500 Index Fund

3,659.48

499,052.22

0.73

EFV

iShares MSCI EAFE Value ETF

2,660.00

17,876.12

14.88

IUSB

iShares Core Total USD Bond Market ETF

2,323.34

32,618.54

7.12

IVV

iShares Core S&P 500 ETF

1,774.83

510,096.18

0.35

IEF

iShares 7-10 Year Treasury Bond ETF

1,617.67

33,735.26

4.80

AGG

iShares Core U.S. Aggregate Bond ETF

1,284.76

119,151.36

1.08

BINC

BlackRock Flexible Income ETF

1,045.98

5,054.95

20.69

LQD

iShares iBoxx USD Investment Grade Corporate Bond ETF

783.86

32,941.63

2.38

USHY

iShares Broad USD High Yield Corporate Bond ETF

745.61

17,875.48

4.17

BND

Vanguard Total Bond Market ETF

702.20

116,261.50

0.60



Top 10 Redemptions (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

VGT

Vanguard Information Technology ETF

-3,559.90

71,877.88

-4.95

SPY

SPDR S&P 500 ETF Trust

-3,388.62

548,605.66

-0.62

QQQ

Invesco QQQ Trust

-2,804.95

276,336.31

-1.02

HEFA

iShares Currency Hedged MSCI EAFE ETF

-995.25

5,596.60

-17.78

IVW

iShares S&P 500 Growth ETF

-962.37

50,388.87

-1.91

HYG

iShares iBoxx USD High Yield Corporate Bond ETF

-743.41

16,132.08

-4.61

IWM

iShares Russell 2000 ETF

-711.92

67,399.59

-1.06

XLE

Energy Select Sector SPDR Fund

-698.19

35,103.89

-1.99

XMMO

Invesco S&P Midcap Momentum ETF

-686.70

2,294.67

-29.93

IWB

iShares Russell 1000 ETF

-679.72

36,324.35

-1.87



ETF Weekly Flows By Asset Class

Net Flows ($, mm)

AUM ($, mm)

% of AUM

Alternatives

63.32

8,323.66

0.76%

Asset Allocation

170.64

19,744.03

0.86%

Commodities

295.27

150,927.17

0.20%

Currency

-683.72

58,987.62

-1.16%

International Equity

1,694.24

1,535,775.68

0.11%

International Fixed Income

2,043.34

216,832.62

0.94%

Inverse

-258.95

13,128.49

-1.97%

Leveraged

-51.74

97,930.41

-0.05%

U.S. Equity

-5,597.56

5,930,021.47

-0.09%

U.S. Fixed Income

9,447.53

1,538,880.00

0.61%

Total:

7,122.38

9,570,551.16

0.07%



Asset Classes (Year-to-Date)

Net Flows ($, mm)

AUM ($, mm)

% of AUM

Alternatives

1,463.53

8,253.34

17.73%

Asset Allocation

1,401.35

19,723.28

7.11%

Commodities

-1,860.31

152,644.94

-1.22%

Currency

17,381.02

63,162.43

27.52%

International Equity

55,278.59

1,562,321.08

3.54%

International Fixed Income

40,351.54

214,280.10

18.83%

Inverse

1,492.35

13,021.28

11.46%

Leveraged

3,560.78

104,538.15

3.41%

U.S. Equity

336,010.30

6,042,328.63

5.56%

U.S. Fixed Income

150,470.01

1,523,884.26

9.87%

Total:

605,549.17

9,704,157.48

6.24%



Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker

Name

Average Volume
(30 Day)

1 Week Average
Volume

% of Average

EVLN

Eaton Vance Floating-Rate ETF

162,729

4,055,561.00

2,492.22%%

FLCB

Franklin U.S. Core Bond ETF

591,479

11,956,967.00

2,021.54%%

KRMA

Global X Conscious Companies ETF

14,115

266,057.00

1,884.98%%

REVS

Columbia Research Enhanced Value ETF

15,472

236,338.00

1,527.56%%

JPLD

JPMorgan Limited Duration Bond ETF

67,217

886,163.00

1,318.35%%

PNOV

Innovator U.S. Equity Power Buffer ETF - November

191,635

2,373,098.00

1,238.34%%

IQQQ

ProShares Nasdaq-100 High Income ETF

61,275

677,227.00

1,105.23%%

FUNL

CornerCap Fundametrics Large-Cap ETF

4,519

49,297.00

1,090.87%%

POWA

Invesco Bloomberg Pricing Power ETF

10,507

112,230.00

1,068.17%%

UBND

VictoryShares Core Plus Intermediate Bond ETF

66,917

656,937.00

981.73%%



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

Ticker

Name

Weekly Performance

Weekly Volume

AUM ($, mm)

VIXY

ProShares VIX Short-Term Futures ETF

26.61%

35,026,885

147.76

VXX

iPath Series B S&P 500 VIX Short Term Futures ETN

26.59%

36,636,155

267.26

SETH

ProShares Short Ether Strategy ETF

12.40%

103,750

2.94

VXZ

iPath Series B S&P 500 VIX Mid-Term Futures ETN

11.35%

146,161

33.99

VIXM

ProShares VIX Mid-Term Futures ETF

11.32%

813,010

27.49

BITI

ProShares Short Bitcoin Strategy ETF

9.32%

36,773,656

65.89

UNG

United States Natural Gas Fund LP

7.02%

25,234,915

869.40

THD

iShares MSCI Thailand ETF

6.15%

294,553

248.41

ZROZ

PIMCO 25+ Year Zero Coupon US Treasury Index ETF

5.03%

1,276,475

1,709.00

GOVZ

iShares 25+ Year Treasury STRIPS Bond ETF

4.92%

3,332,910

391.63



Top 10 YTD Performers

Ticker

Name

YTD Performance

Weekly Performance

AUM ($, mm)

NVDY

YieldMax NVDA Option Income Strategy ETF

76.40%

-17.33%

943.50

GBTC

Grayscale Bitcoin Trust ETF

44.66%

-4.63%

12,534.15

GDMN

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

34.16%

-4.94%

9.63

SPMO

Invesco S&P 500 Momentum ETF

31.41%

-3.74%

2,172.03

MAGS

Roundhill Magnificent Seven ETF

31.33%

-5.31%

678.89

SHLD

Global X Defense Tech ETF

30.33%

-4.29%

518.56

NFLY

YieldMax NFLX Option Income Strategy ETF

29.48%

-7.14%

49.49

ARGT

Global X MSCI Argentina ETF

28.89%

-0.45%

356.08

SMH

VanEck Semiconductor ETF

28.24%

-7.90%

20,837.20

IAK

iShares U.S. Insurance ETF

28.01%

-1.92%

706.96



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.


Permalink | © Copyright 2024 etf.com. All rights reserved