2020 ETF Inflows Hit Record $509B

2020 inflows top $509 billion, blowing past the previous record of $476.1 billion. 

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

A crescendo of buying in financial markets pushed annual ETF inflows to records for the first time since 2017. On net, investors added $53.4 billion to U.S.-listed ETFs during the week ending Thursday, Dec. 17.

Though some of the inflows could be due to tax-related heartbeat trades, they were enough to push 2020's year-to-date inflows up to a whopping $509.4 billion, blowing past 2017's record of $476.1 billion. For comparison, year-to-date inflows stood at $342.2 billion at this same time a year ago.

To be sure, 2020's record isn't "official" until year end; a sudden bout of outflows in the last two weeks of the year could push the annual figure down. On the other hand, the number could swell further.

Equities Surpass Fixed Income 

While U.S. fixed income ETFs led the way for flows throughout much of the year, U.S. equity ETF flows finally surpassed them as stocks pushed to record highs this week. The S&P 500 briefly topped 3,725 on Thursday, pushing its returns for the year to more than 17%.

U.S. stocks have been on a tear since bottoming out in March, and investors have added $187.4 billion to U.S. equity ETFs so far this year. That compares to inflows of $177.8 billion for U.S. fixed income ETFs.

In contrast to the gains in stocks, Treasuries have largely been selling off in recent weeks, albeit slowly and with the support of the Federal Reserve limiting their downside. The 10-year Treasury yield, which moves inversely to the bond price, hit a high of 0.95% this week, close to its highest levels since March.

Meanwhile, international equity ETFs have pulled in $62.1 billion of new money so far this while, while commodities registered $39.5 billion of inflows in the same period.

'VTI' Leads The Way 

In terms of individual ETFs, the Vanguard Total Stock Market ETF (VTI) leads the way, with year-to-date inflows of $32.1 billion; followed by the Vanguard S&P 500 ETF (VOO) with $21.7 billion; and the Invesco QQQ Trust (QQQ)  with $16.6 billion.

On the outflows side, the SPDR S&P 500 ETF Trust (SPY) has seen redemptions of $33.6 billion; the iShares MSCI EAFE ETF (EFA)  has seen redemptions of $11.8 billion; and the iShares MSCI Emerging Markets ETF (EEM) has seen redemptions of $4.6 billion.

For a full list of the latest inflows and outflows, see the tables below:

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
VXFVanguard Extended Market ETF5,124.7318,838.4927.20%
IVWiShares S&P 500 Growth ETF3,511.4535,419.739.91%
XLYConsumer Discretionary Select Sector SPDR Fund2,873.5121,126.4213.60%
VBVanguard Small-Cap ETF2,420.9539,072.236.20%
VOVanguard Mid-Cap ETF2,085.6643,490.184.80%
VOOVanguard S&P 500 ETF2,003.82176,376.511.14%
VTIVanguard Total Stock Market ETF1,847.20199,120.220.93%
SPYVSPDR Portfolio S&P 500 Value ETF1,432.508,813.8316.25%
IEMGiShares Core MSCI Emerging Markets ETF1,419.0566,203.482.14%
XBISPDR S&P Biotech ETF1,261.598,554.0614.75%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-6,929.61316,358.92-2.19%
IVViShares Core S&P 500 ETF-2,979.60236,449.45-1.26%
HYGiShares iBoxx USD High Yield Corporate Bond ETF-1,213.1124,741.64-4.90%
GLDSPDR Gold Trust-709.0769,521.94-1.02%
BBEUJPMorgan BetaBuilders Europe ETF-357.544,117.01-8.68%
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF-301.5155,152.44-0.55%
JNKSPDR Bloomberg Barclays High Yield Bond ETF-281.1712,299.14-2.29%
IEFiShares 7-10 Year Treasury Bond ETF-276.2615,401.73-1.79%
DIASPDR Dow Jones Industrial Average ETF Trust-196.7425,566.74-0.77%
SHViShares Short Treasury Bond ETF-174.6218,391.35-0.95%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity39,014.183,089,165.751.26%
International Equity10,374.591,035,860.861.00%
U.S. Fixed Income2,722.33961,926.240.28%
International Fixed Income1,544.04122,264.471.26%
Commodities-453.12140,479.68-0.32%
Currency24.721,891.421.31%
Leveraged-10.4544,955.86-0.02%
Inverse12.5511,412.210.11%
Asset Allocation96.7513,262.960.73%
Alternatives43.645,262.060.83%
Total:53,369.235,426,481.520.98%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity187,356.943,089,165.756.06%
International Equity62,059.201,035,860.865.99%
U.S. Fixed Income177,789.77961,926.2418.48%
International Fixed Income24,036.25122,264.4719.66%
Commodities39,507.90140,479.6828.12%
Currency540.061,891.4228.55%
Leveraged1,279.3344,955.862.85%
Inverse13,684.6611,412.21119.91%
Asset Allocation2,871.7413,262.9621.65%
Alternatives305.145,262.065.80%
Total:509,430.975,426,481.529.39%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
DWCRArrow DWA Tactical International ETF12.72%3,41312.48
TANInvesco Solar ETF9.93%7,052,9133,190.80
SILJETFMG Prime Junior Silver Miners ETF8.48%4,372,341537.12
URNMNorth Shore Global Uranium Mining ETF7.89%300,35235.67
CNRGSPDR S&P Kensho Clean Power ETF7.67%167,666226.21
CTECGlobal X CleanTech ETF7.41%249,45637.69
BLOKAmplify Transformational Data Sharing ETF7.34%1,303,494264.78
SLVPiShares MSCI Global Silver and Metals Miners ETF6.56%525,290218.79
ICLNiShares Global Clean Energy ETF6.18%18,035,5173,662.95
SLViShares Silver Trust6.11%86,025,09213,924.90

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
ARKGARK Genomic Revolution ETF185.32%-2.65%6,022.99
TANInvesco Solar ETF179.35%9.93%3,190.80
PBWInvesco WilderHill Clean Energy ETF162.00%5.86%1,842.66
ARKWARK Next Generation Internet ETF150.77%1.25%4,984.85
QCLNFirst Trust NASDAQ Clean Edge Green Energy Index Fund149.12%5.21%1,688.51
ARKKARK Innovation ETF148.25%0.06%16,422.94
IBUYAmplify Online Retail ETF112.22%4.95%1,332.69
PBDInvesco Global Clean Energy ETF112.10%5.75%250.14
IPORenaissance IPO ETF110.43%-0.50%695.76
ACESALPS Clean Energy ETF108.95%4.34%668.29

 

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.