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ETF Wrap-Up for March 12th, 2019

Mar 12, 2019

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  • While there has been a lot of talk of flows into the SPDR S&P 500 ETF Trust (SPY), it has actually seen negative net flows of USD$1.9 over the past 30-days.  It currently has a “Sell” trading signal a “Caution” Smart Beta Rating according to the Quantamize models. 
  • IShares Edge MSCI Min Vol USA (USMV) remains one of the hottest ETFs in terms of 30-day and 90-day fund flows.  Perhaps it is a buy signal for low volatility?  According to the Quantamize models, USMV has a “Sell” trading signal has a “Poor” Smart Beta Rating. 
  • A rotation into energy stocks is occurring with the current rally in WTI and Brent crude oil prices.  Energy Select Sector SPDR (XLE) has seen net positive inflows of +USD$1.3 billion over the last 30 days. 
  • While there has been a lot of talk of low fee ETFs, the flows into the cheapest 5 out of 3,000 ETF universe has been paltry.  The only notable exception is the iShares Core S&P Total US Market ETF (ITOT), which has seen positive inflows of +USD$1.3 billion over the last 30 days and +USD$2.5 billion over the last 90 days.  According to the Quantamize models, ITOT has a “Sell” trading signal has a “Poor” Smart Beta Rating.

 

Top 5 ETFs by Assets Under Management (AUM)

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Name Ticker 30-Day Fund Flow ($) 90-Day Fund Flow ($) Assets Under Management ($ billions) Net Expense Ratio (%)
SPDR S&P 500 ETF Trust SPY -$1,933,767,000 -$13,488,791,500 $268.61 0.10%
iShares Core S&P 500 ETF IVV $338,348,500 -$5,543,593,000 $150.14 0.04%
Vanguard Total Stock Market ETF VTI $857,490,052 $3,959,140,915 $97.94 0.04%
Vanguard S&P 500 ETF VOO -$1,208,974,426 -$1,147,905,208 $92.02 0.04%
iShares MSCI EAFE ETF EFA -$1,342,872,000 -$1,613,862,000 $70.68 0.32%

Source: ETF Global

Top 5 ETFs by Lowest Net Expense Ratios

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Name Ticker 30-Day Fund Flow ($) 90-Day Fund Flow ($) Assets Under Management ($ billions) Net Expense Ratio (%)
SPDR Portfolio Total Stock Market ETF SPTM $51,371,500 $316,645,000 $2.04 0.03%
iShares Core S&P Total U.S. Stock Market ETF ITOT $1,306,062,500 $2,490,414,000 $13.85 0.03%
Schwab US Broad Market ETF SCHB $417,837,500 $855,893,500 $12.17 0.03%
Schwab US Large-Cap ETF SCHX $249,573,000 $396,714,000 $12.70 0.03%
SPDR Portfolio Large Cap ETF SPLG $144,334,500 $484,995,000 $1.27 0.03%

Source: ETF Global

Top 5 ETFs by 30-Day Fund Flow

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Name Ticker 30-Day Fund Flow ($) 90-Day Fund Flow ($) Assets Under Management ($ billions) Net Expense Ratio (%)
Vanguard Real Estate ETF VNQ $1,463,842,569 $1,226,685,692 $32.95 0.12%
iShares Edge MSCI Min Vol USA ETF USMV $1,321,839,000 $4,080,528,000 $15.63 0.15%
iShares Core S&P Total U.S. Stock Market ETF ITOT $1,306,062,500 $2,490,414,000 $13.85 0.03%
Energy Select Sector SPDR Fund XLE $1,283,034,000 -$921,112,500 $16.30 0.13%
iShares Core MSCI EAFE ETF IEFA $1,117,632,000 $1,393,486,000 $52.78 0.08%

Source: ETF Global

Top 5 ETFs by 90-Day Fund Flow

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Name Ticker 30-Day Fund Flow ($) 90-Day Fund Flow ($) Assets Under Management ($ billions) Net Expense Ratio (%)
iShares Core MSCI Emerging Markets ETF IEMG $278,568,000 $7,421,226,000 $45.38 0.14%
iShares Edge MSCI Min Vol USA ETF USMV $1,321,839,000 $4,080,528,000 $15.63 0.15%
Vanguard Total Stock Market ETF VTI $857,490,052 $3,959,140,915 $97.94 0.04%
iShares MSCI Emerging Markets ETF EEM $206,910,000 $3,524,661,000 $37.72 0.69%
Vanguard FTSE Emerging Markets ETF VWO $968,622,945 $2,798,702,654 $61.49 0.14%

Source: ETF Global

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Stock Model PortfoliosMulti-factor quantitatively optimized portfolios risk-adjusted to provide investors an ATTRACTIVERISK/RETURN TRADE-OFF