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ETFs AM Wrap-Up: Investors Up Exposure to Consumer Staples and Quality Factor Stocks

Apr 17, 2019

Actionable and Transparent Quantitative ResearchActionable and Transparent Quantitative Research
Actionable and Transparent Quantitative ResearchActionable and Transparent Quantitative Research
 
  • Are stocks with strong quality factor exposure gearing up to outperform in the remainder of the year? Yesterday the iShares Edge MSCI USA Quality Factor ETF (QUAL) was 4th in our ETF universe in terms of 1-day fund flow with nearly $278mm flowing into the fund. This is no surprise to us! Yesterday, we published, “Everyone Loves OUTSTANDING VALUE! These TOP BUY QUALITY VALUE Stocks are what your Portfolio Needs NOW!” where we highlighted the 10 best US large-cap stocks in terms of quality value exposure, according to our AI quant models.   
     
  • Investors continue to favor exposure to US large-cap stocks with the SPDR S&P 500 ETF Trust (SPY) receiving $2.2bn of inflows yesterday and the Schwab US Large-Cap ETF (SCHX) receiving $267.2mm of inflows yesterday. The $2.2 billion into SPY is the largest inflow since October 2, 2018!  SPY currently has a “Caution” ETF Smart Beta Score and a “Buy” AI Trading Signal. SCHX has a “Caution” ETF Smart Beta Score and a “Sell” AI Trading Signal.  
     
  • As a side note, more than $14 billion has flowed into SPY over the past month. 
     
  • We have been pushing our readers and community members to consider US Consumer Staples stocks after their underperformance in 1Q.  Appears like some other investors are thinking similarly to us with little more than $500 billion flowing into the SPDR Sector Select US Consumer Staples ETF (XLP). For some of the best US consumer staple stocks to buy this month, check out our post from last week where we published our best US large-cap consumer stock ideas.  XLP currently has a “BUY” trading signal according to our Quantamize models with a “Poor” Smart Beta score.

 

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 $2,232,932,887 $5,105,210,524 $14,423,103,956 $4,301,401,002 $281.20 0.09%
iShares Core S&P 500 ETF IVV $160,572,665 $697,358,240 $3,084,915,455 $2,914,480,435 $176.73 0.04%
Vanguard Total Stock Market ETF VTI $44,880,509 $229,007,020 $623,581,795 $2,131,768,556 $113.19 0.04%
Vanguard S&P 500 ETF VOO $54,082,235 $870,962,780 $1,255,299,891 $6,073,383,478 $111.54 0.04%
ETRACS Alerian MLP Infrastructure Index ETN MLPI $0 $0 -$5,676,225 -$58,017,452 $74.63 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 $5,139,500 $0 $0.03 0.02%
iShares Core S&P Total U.S. Stock Market ETF ITOT $82,631,000 $164,805,125 $609,803,830 $1,960,658,000 $19.67 0.03%
SPDR Portfolio Total Stock Market ETF SPTM $1,804,897 $5,441,077 $116,296,521 $238,746,572 $3.23 0.03%
SPDR Portfolio Large Cap ETF SPLG $30,689,008 $42,570,004 -$54,434,265 $256,715,582 $2.25 0.03%
Schwab US Broad Market ETF SCHB $20,952,550 -$17,268,127 $88,655,773 $519,197,384 $14.79 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 $2,232,932,887 $5,105,210,524 $14,423,103,956 $4,301,401,002 $281.20 0.09%
iShares Core MSCI EAFE ETF IEFA $498,542,400 $857,092,600 $2,375,952,020 $3,917,991,260 $63.33 0.08%
Consumer Staples Select Sector SPDR Fund XLP $373,072,062 $513,263,441 $404,292,397 $1,139,812,523 $11.76 0.13%
iShares Edge MSCI USA Quality Factor ETF QUAL $277,982,185 $399,851,525 $537,778,460 $1,213,615,935 $11.07 0.15%
Schwab US Large-Cap ETF SCHX $267,206,151 $329,436,772 $479,156,392 $725,553,782 $16.34 0.03%

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 $2,232,932,887 $5,105,210,524 $14,423,103,956 $4,301,401,002 $281.20 0.09%
Vanguard S&P 500 ETF VOO $54,082,235 $870,962,780 $1,255,299,891 $6,073,383,478 $111.54 0.04%
iShares Core MSCI EAFE ETF IEFA $498,542,400 $857,092,600 $2,375,952,020 $3,917,991,260 $63.33 0.08%
Financial Select Sector SPDR Fund XLF $184,844,188 $846,079,919 $239,892,678 -$928,312,516 $25.29 0.13%
iShares Core S&P 500 ETF IVV $160,572,665 $697,358,240 $3,084,915,455 $2,914,480,435 $176.73 0.04%

Source: ETF Global

Top 5 ETFs by 1-Month Fund Flow

On Mobile/Tablet scroll to the right

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 $2,232,932,887 $5,105,210,524 $14,423,103,956 $4,301,401,002 $281.20 0.09%
iShares Core S&P 500 ETF IVV $160,572,665 $697,358,240 $3,084,915,455 $2,914,480,435 $176.73 0.04%
iShares Core MSCI EAFE ETF IEFA $498,542,400 $857,092,600 $2,375,952,020 $3,917,991,260 $63.33 0.08%
iShares iBoxx $ High Yield Corporate Bond ETF HYG $0 $285,316,420 $1,822,717,340 $2,226,030,790 $17.39 0.49%
iShares U.S. Treasury Bond ETF GOVT $37,468,950 $350,600,130 $1,491,450,750 $2,281,279,690 $9.70 0.15%

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 $54,082,235 $870,962,780 $1,255,299,891 $6,073,383,478 $111.54 0.04%
SPDR S&P 500 ETF Trust SPY $2,232,932,887 $5,105,210,524 $14,423,103,956 $4,301,401,002 $281.20 0.09%
Graniteshares Gold Trust BAR $0 $0 $7,136,100 $4,116,422,570 $0.46 0.17%
iShares Core MSCI EAFE ETF IEFA $498,542,400 $857,092,600 $2,375,952,020 $3,917,991,260 $63.33 0.08%
iShares Core MSCI Emerging Markets ETF IEMG $0 $0 $156,102,720 $3,748,609,020 $61.26 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