ETF Flows Kick Off August on Strong Note

Investors added $8.4 billion to U.S.-listed ETFs last week.

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

ETF inflows kicked off August on a strong note as investors added $8.4 billion of new money to their holdings during the week ending Friday, Aug. 5. That included $4 billion of inflows for U.S. equity ETFs and $5.2 billion of inflows for U.S. fixed income ETFs. 

Year to date, net inflows for U.S.-listed ETFs now stand at $350.7 billion, compared with $525.9 billion at this same time a year ago. 

Topping last week’s inflows charts was the Vanguard Short-Term Corporate Bond ETF (VCSH), which gathered $2.1 billion in assets. Investors seemed to be taking advantage of higher rates on short-term bonds following the Fed’s recent 75 basis point interest rate hike. 

But the bond ETF buying wasn’t limited to short maturities. The iShares 20+ Year Treasury Bond ETF (TLT) picked up $973 million, while high-yield corporate bond ETFs like the SPDR Bloomberg High Yield ETF (JNK) and the iShares Broad USD High Yield Corporate Bond ETF (USHY) were also popular, with weekly inflows of more than $700 million apiece. 

High-yield spreads over Treasuries have narrowed in recent weeks as recession fears have ebbed. 

On the outflows side of the ledger, commodities took the top spot, with weekly redemptions of just over $1 billion. 

However, no commodity ETFs made an appearance on the weekly top 10 redemptions list. Rather, the SPDR Portfolio S&P 500 High Dividend ETF (SPYD), the SPDR S&P Dividend ETF (SDY) and the Invesco QQQ Trust (QQQ) took the top three spots. 

 

For a full list of last week’s top inflows and outflows, see the tables below: 

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
VCSHVanguard Short-Term Corporate Bond ETF2,093.6743,768.034.78%
IWMiShares Russell 2000 ETF1,053.0455,229.801.91%
VOOVanguard S&P 500 ETF1,009.36273,793.220.37%
IVViShares Core S&P 500 ETF977.18308,925.730.32%
TLTiShares 20+ Year Treasury Bond ETF973.4525,819.373.77%
JNKSPDR Bloomberg High Yield Bond ETF748.328,861.548.44%
USHYiShares Broad USD High Yield Corporate Bond ETF718.318,887.968.08%
BNDVanguard Total Bond Market ETF705.9383,709.760.84%
XLKTechnology Select Sector SPDR Fund549.3044,843.461.22%
AGGiShares Core U.S. Aggregate Bond ETF548.9283,707.000.66%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYDSPDR Portfolio S&P 500 High Dividend ETF-1,475.117,904.56-18.66%
SDYSPDR S&P Dividend ETF-1,379.7322,095.23-6.24%
QQQInvesco QQQ Trust-1,284.95177,911.53-0.72%
BILSPDR Bloomberg 1-3 Month T-Bill ETF-1,229.3017,520.26-7.02%
SPYSPDR S&P 500 ETF Trust-860.12374,273.90-0.23%
SPHDInvesco S&P 500 High Dividend Low Volatility ETF-796.263,886.04-20.49%
XLEEnergy Select Sector SPDR Fund-688.4533,259.56-2.07%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-666.9614,521.74-4.59%
MINTPIMCO Enhanced Short Maturity Active ETF-638.6510,928.42-5.84%
BSVVanguard Short-Term Bond ETF-546.7838,552.52-1.42%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity4,017.443,965,796.520.10%
International Equity-379.011,150,133.92-0.03%
U.S. Fixed Income5,209.541,126,790.200.46%
International Fixed Income473.01141,710.310.33%
Commodities-1,035.98142,857.03-0.73%
Currency-291.593,961.30-7.36%
Leveraged-276.9155,514.32-0.50%
Inverse602.5321,432.902.81%
Asset Allocation41.3517,623.070.23%
Alternatives-4.917,898.69-0.06%
Total:8,355.476,633,718.270.13%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity143,915.513,965,796.523.63%
International Equity67,311.061,150,133.925.85%
U.S. Fixed Income94,988.731,126,790.208.43%
International Fixed Income4,777.92141,710.313.37%
Commodities7,531.77142,857.035.27%
Currency1,395.953,961.3035.24%
Leveraged18,188.6355,514.3232.76%
Inverse10,786.8621,432.9050.33%
Asset Allocation501.5717,623.072.85%
Alternatives1,346.447,898.6917.05%
Total:350,744.446,633,718.275.29%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
MSGRDirexion mRNA ETF16.03%7,1024.08
CRPTFirst Trust SkyBridge Crypto Industry and Digital Economy ETF14.28%204,89232.39
BBPVirtus LifeSci Biotech Products ETF13.62%4,78816.64
ARKFARK Fintech Innovation ETF13.18%6,070,5031,077.61
FDIGFidelity Crypto Industry and Digital Payments ETF12.72%106,72113.38
BITQBitwise Crypto Industry Innovators ETF12.31%524,05679.22
BBCVirtus LifeSci Biotech Clinical Trials ETF12.25%8,42918.29
GFOFGrayscale Future of Finance ETF12.17%37,4966.77
IBLCiShares Blockchain and Tech ETF11.85%26,7836.81
DAPPVanEck Digital Transformation ETF11.77%540,06238.15

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
UNGUnited States Natural Gas Fund LP125.54%-1.16%545.82
GAZiPath Series B Bloomberg Natural Gas Subindex Total Return ETN124.11%-0.90%30.02
UNLUnited States 12 Month Natural Gas Fund LP103.91%-0.87%42.86
JJEiPath Series B Bloomberg Energy Subindex Total Return ETN71.20%0.00%8.00
RJNElements Rogers International Commodity Index-Energy TR ETN53.41%-5.02%12.95
BNOUnited States Brent Oil Fund LP40.41%-5.78%208.93
DBEInvesco DB Energy Fund40.11%-3.97%230.33
PXEInvesco Dynamic Energy Exploration & Production ETF38.01%-7.58%248.85
UGAUnited States Gasoline Fund LP36.56%-7.01%98.52
FCGFirst Trust Natural Gas ETF32.58%-7.78%694.98

 

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.