Weekly Flows Steady As Markets Hold

Year-to-date inflows for U.S.-listed ETFs now stand at $68.6 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 relatively calm week for markets (by recent standards) was matched by relatively calm creation and redemption activity in ETFs. On net, $2.2 billion flowed into U.S.-listed ETFs during the week ending Thursday, April 2, pushing year-to-date inflows up slightly to $68.6 billion. For comparison, year-to-date inflows were $59.3 billion at this same time last year.

Taking a look at individual ETFs, once again, the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) gathered a tidy sum of fresh cash—$3.4 billion this week. That’s on top of the $5.2 billion the fund picked up last week after the Federal Reserve announced that it would be purchasing investment-grade corporate bond ETFs to stabilize credit markets.

The riskier SPDR Bloomberg Barclays High Yield Bond ETF (JNK) also saw some interest; it had weekly inflows of more than $850 million.

Meanwhile, on the equities side, the iShares Core S&P 500 ETF (IVV) and the iShares S&P 500 Value ETF (IVE) were the most popular fund among ETF investors during the week.

But in a sign that investors are still jittery about markets and the economy, inflows for the SPDR Gold Trust (GLD) totaled $960 million. Gold prices were last trading around $1,620/oz.

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
LQDiShares iBoxx USD Investment Grade Corporate Bond ETF3,440.7339,446.558.72%
IVViShares Core S&P 500 ETF1,829.49155,903.721.17%
IVEiShares S&P 500 Value ETF1,345.0013,496.729.97%
GLDSPDR Gold Trust960.1349,250.101.95%
VOOVanguard S&P 500 ETF959.15113,574.080.84%
IWFiShares Russell 1000 Growth ETF938.6741,052.752.29%
JNKSPDR Bloomberg Barclays High Yield Bond ETF854.227,872.6710.85%
SHProShares Short S&P500846.483,975.3321.29%
IVWiShares S&P 500 Growth ETF835.3921,353.593.91%
AGGiShares Core U.S. Aggregate Bond ETF644.3068,506.190.94%

 

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-8,447.73221,235.04-3.82%
QQQInvesco QQQ Trust-2,697.7679,053.01-3.41%
EFAiShares MSCI EAFE ETF-1,850.5846,211.85-4.00%
SPTSSPDR Portfolio Short Term Treasury ETF-1,313.092,588.30-50.73%
IWMiShares Russell 2000 ETF-959.9729,411.36-3.26%
SHYiShares 1-3 Year Treasury Bond ETF-953.3023,463.33-4.06%
BSVVanguard Short-Term Bond ETF-834.6322,539.84-3.70%
XLFFinancial Select Sector SPDR Fund-652.1713,702.73-4.76%
BNDVanguard Total Bond Market ETF-626.0449,810.83-1.26%
XLIIndustrial Select Sector SPDR Fund-430.516,541.22-6.58%

 

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-2,396.701,897,423.67-0.13%
International Equity-1,508.05656,748.68-0.23%
U.S. Fixed Income637.80764,645.680.08%
International Fixed Income-8.2581,194.32-0.01%
Commodities ETFs2,240.6388,642.242.53%
Currency203.212,098.059.69%
Leveraged195.9225,199.220.78%
Inverse3,175.8019,016.9616.70%
Asset Allocation-41.738,176.93-0.51%
Alternatives-252.324,463.90-5.65%
Total:2,246.333,547,609.670.06%

 

Asset Classes (Year-to-Date)

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity35,192.181,897,423.671.85%
International Equity118.82656,748.680.02%
U.S. Fixed Income13,677.30764,645.681.79%
International Fixed Income-1,787.1181,194.32-2.20%
Commodities ETFs10,127.9488,642.2411.43%
Currency781.112,098.0537.23%
Leveraged7,172.6525,199.2228.46%
Inverse5,085.5019,016.9626.74%
Asset Allocation-106.808,176.93-1.31%
Alternatives-1,639.044,463.90-36.72%
Total:68,622.543,547,609.671.93%

 

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
DTNWisdomTree U.S. Dividend ex-Financials Fund55,044150,142272.77%
AGZDWisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund30,91483,420269.84%
BAPRInnovator S&P 500 Buffer ETF - April177,438507,743286.15%
MOTIVanEck Vectors Morningstar International Moat ETF31,84661,642193.56%
QQXTFirst Trust NASDAQ-100 Ex-Technology Sector Index Fund23,56441,778177.30%
VUSEVident Core U.S. Equity Fund87,787161,978184.51%
GQREFlexShares Global Quality Real Estate Index Fund75,293182,062241.80%
PLWInvesco 1-30 Laddered Treasury ETF257,853323,630125.51%
FLCBFranklin Liberty U.S. Core Bond ETF234,206276,092117.88%
IBDUiShares iBonds Dec 2029 Term Corporate ETF44,966196,309436.58%

 

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
MLPOCredit Suisse S&P MLP Index ETN22.91%1,30111.81
BDRYBreakwave Dry Bulk Shipping ETF16.48%608,35817.64
ENORiShares MSCI Norway ETF7.08%84,87818.73
MLPYMorgan Stanley Cushing MLP High Income Index ETN6.81%33,27618.73
URNMNorth Shore Global Uranium Mining ETF6.70%7,7283.02
MLPGETRACS Alerian Natural Gas MLP ETN6.31%4,6191.64
VIXMProShares VIX Mid-Term Futures ETF6.30%413,06653.87
NORWGlobal X MSCI Norway ETF6.18%188,54132.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN5.72%218,18344.10
FILLiShares MSCI Global Energy Producers ETF5.63%266,47830.65

 

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
VIIXVelocityShares Daily Long VIX Short-Term ETN213.91%-0.42%78.23
VIXYProShares VIX Short-Term Futures ETF213.35%-0.29%243.86
VXXiPath Series B S&P 500 VIX Short Term Futures ETN213.23%-0.75%912.96
XVZiPath S&P 500 Dynamic VIX ETN101.92%1.44%5.13
VIXMProShares VIX Mid-Term Futures ETF94.08%6.30%53.87
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN93.23%5.72%44.10
ZROZPIMCO 25+ Year Zero Coupon US Treasury Index ETF35.31%-0.49%344.24
EDVVanguard Extended Duration Treasury ETF32.02%-1.25%1,469.12
TAILCambria Tail Risk ETF29.68%2.54%118.15
TLTiShares 20+ Year Treasury Bond ETF24.65%-0.25%18,365.84

 

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.