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ETFs AM Wrap-Up: $1.5 flows into SPY while investors increased duration risk exposure

Apr 04, 2019

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  • The SPDR S&P 500 ETF Trust (SPY) saw the most inflows of all the ETFs in our universe with $1.5 billion flowing into SPY yesterday.  That means over the last week, nearly $3.3 billion has flowed into SPY.  Remember, we have been highlighting the rotation into US large-cap ETFs over the past month -- this is just another signpost that reiterates this perspective. 
  • Nearly $1 billion flowed into bond ETFs yesterday with investors buying the iShares 20+ Year Treasury Bond ETF (TLT) and iShares 7-10 Year Bond ETF (IEF).  In addition, over the past month, the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) has seen positive inflows of $2.1 billion.  Over the past week, it has been obvious that investors have increased both their duration risk and credit risk exposures.  All three bond ETFs have “SELL” trading signals according to our Quantamize models.

 

Top 5 ETFs by Assets Under Management (AUM)

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Name Ticker 1-Day
Fund Flow ($)
1-Week
Fund Flow ($)
1-Month
Fund Flow ($)
3-Month
Fund Flow ($)
Assets Under
Management ($ billions)
Net
Expense Ratio (%)
SPDR S&P 500 ETF Trust SPY $1,529,834,116 $3,291,998,283 $58,486,603 -$10,065,464,025 $270.63 0.09%
iShares Core S&P 500 ETF IVV $230,301,760 $1,355,008,780 $8,275,621,360 $2,502,431,945 $173.20 0.04%
Vanguard Total Stock Market ETF VTI $193,414,750 -$9,617,415 $854,946,550 $3,510,061,774 $111.39 0.04%
Vanguard S&P 500 ETF VOO $39,427,101 $138,883,657 $3,454,494,365 $5,670,769,495 $109.21 0.04%
ETRACS Alerian MLP Infrastructure Index ETN MLPI $0 $0 -$5,676,225 -$131,829,532 $76.39 0.85%

Source: ETF Global

Top 5 ETFs by Lowest Net Expense Ratios

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Name Ticker 1-Day
Fund Flow ($)
1-Week
Fund Flow ($)
1-Month
Fund Flow ($)
3-Month
Fund Flow ($)
Assets Under
Management ($ billions)
Net
Expense Ratio (%)
JPMORGAN BETABUILDERS U.S. EQUITY ETF BBUS $0 $0 $0 $0 $0.03 0.02%
SPDR Portfolio Large Cap ETF SPLG $0 -$37,422,012 -$28,863,113 $255,206,956 $2.22 0.03%
SPDR Portfolio Total Stock Market ETF SPTM $7,116,374 $51,205,967 $119,266,882 $288,816,488 $3.18 0.03%
Schwab US Broad Market ETF SCHB $3,440,771 $37,456,686 $132,578,414 $781,812,435 $14.60 0.03%
Schwab US Large-Cap ETF SCHX $17,100,859 $51,106,218 $229,188,546 $466,639,343 $15.79 0.03%

Source: ETF Global

Top 5 ETFs by 1-Day Fund Flow

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Name Ticker 1-Day
Fund Flow ($)
1-Week
Fund Flow ($)
1-Month
Fund Flow ($)
3-Month
Fund Flow ($)
Assets Under
Management ($ billions)
Net
Expense Ratio (%)
SPDR S&P 500 ETF Trust SPY $1,529,834,116 $3,291,998,283 $58,486,603 -$10,065,464,025 $270.63 0.09%
iShares 20+ Year Treasury Bond ETF TLT $460,320,330 $698,439,240 -$503,899,610 $1,979,718,070 $10.48 0.15%
iShares 7-10 Year Treasury Bond ETF IEF $338,652,160 $178,882,700 -$542,968,730 $2,216,357,910 $12.80 0.15%
iShares Core S&P 500 ETF IVV $230,301,760 $1,355,008,780 $8,275,621,360 $2,502,431,945 $173.20 0.04%
Invesco QQQ Trust QQQ $228,380,000 -$1,070,358,850 -$762,672,800 $526,237,500 $71.11 0.20%

Source: ETF Global

Top 5 ETFs by 1-Week Fund Flow

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Name Ticker 1-Day
Fund Flow ($)
1-Week
Fund Flow ($)
1-Month
Fund Flow ($)
3-Month
Fund Flow ($)
Assets Under
Management ($ billions)
Net
Expense Ratio (%)
SPDR S&P 500 ETF Trust SPY $1,529,834,116 $3,291,998,283 $58,486,603 -$10,065,464,025 $270.63 0.09%
iShares Core S&P 500 ETF IVV $230,301,760 $1,355,008,780 $8,275,621,360 $2,502,431,945 $173.20 0.04%
iShares iBoxx $ High Yield Corporate Bond ETF HYG $17,189,220 $773,948,860 $2,046,325,250 $3,250,460,720 $16.85 0.49%
iShares 20+ Year Treasury Bond ETF TLT $460,320,330 $698,439,240 -$503,899,610 $1,979,718,070 $10.48 0.15%
iShares MSCI Japan ETF EWJ $107,137,290 $470,973,525 -$1,431,817,230 -$2,301,606,900 $14.08 0.49%

Source: ETF Global

Top 5 ETFs by 1-Month Fund Flow

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Name Ticker 1-Day
Fund Flow ($)
1-Week
Fund Flow ($)
1-Month
Fund Flow ($)
3-Month
Fund Flow ($)
Assets Under
Management ($ billions)
Net
Expense Ratio (%)
iShares Core S&P 500 ETF IVV $230,301,760 $1,355,008,780 $8,275,621,360 $2,502,431,945 $173.20 0.04%
Graniteshares Gold Trust BAR $0 $0 $4,087,645,320 $4,227,369,850 $0.46 0.17%
Vanguard S&P 500 ETF VOO $39,427,101 $138,883,657 $3,454,494,365 $5,670,769,495 $109.21 0.04%
iShares Core MSCI EAFE ETF IEFA $0 $0 $2,673,384,640 $2,628,043,860 $61.59 0.08%
iShares iBoxx $ High Yield Corporate Bond ETF HYG $17,189,220 $773,948,860 $2,046,325,250 $3,250,460,720 $16.85 0.49%

Source: ETF Global

Top 5 ETFs by 3-Month Fund Flow

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Name Ticker 1-Day
Fund Flow ($)
1-Week
Fund Flow ($)
1-Month
Fund Flow ($)
3-Month
Fund Flow ($)
Assets Under
Management ($ billions)
Net
Expense Ratio (%)
Vanguard S&P 500 ETF VOO $39,427,101 $138,883,657 $3,454,494,365 $5,670,769,495 $109.21 0.04%
iShares Core MSCI Emerging Markets ETF IEMG $0 $0 $156,102,720 $5,149,022,160 $60.48 0.14%
Graniteshares Gold Trust BAR $0 $0 $4,087,645,320 $4,227,369,850 $0.46 0.17%
iShares Edge MSCI Min Vol USA ETF USMV $0 $152,041,120 $997,122,440 $3,790,521,030 $25.07 0.15%
Vanguard Intermediate-Term Corporate Bond ETF VCIT $8,613,000 $95,172,000 $582,783,000 $3,728,570,156 $22.72 0.07%

Source: ETF Global

 

 

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