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ETF AM Wrap-Up: Investors Rotate into Bond ETFs as SPY Flows Remain Negative

May 07, 2019

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  • A risk-off feel certainly lingered in markets yesterday as investors dealt with trade war angst, likely driving the elevated inflows into fixed income ETFs. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and the iShares Short-Term Corporate Bond ETF (IGSB) were the number 2 and 3 ETFs in our 3,000+ ETF universe by 1-day fund flow with more than $142.3 million and $136.6 million flowing into the ETFs on Monday.
     
  • LQD currently has a “SELL” Trading Signal.
     
  • Fund flows for the SPDR S&P 500 ETF Trust (SPY) remained in the red with an additional $132.3 million leaving the ETF yesterday after nearly $500 million flowed out of the ETF on Friday. SPY, the largest ETF by assets under management in our coverage universe, has now experienced outflows of more than $777.8 million over the last week.
     
  • SPY has a “Caution” Smart Beta Rating and currently has a “BUY” Trading Signal.

 

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 -$132,346,141 -$777,838,024 -$106,195,744 $4,749,607,498 $276.46 0.09%
iShares Core S&P 500 ETF IVV -$29,610,470 -$308,741,585 $947,309,945 $9,991,733,205 $177.96 0.04%
Vanguard Total Stock Market ETF VTI -$132,898,288 $320,734,796 $1,195,563,103 $2,784,085,445 $115.14 0.03%
Vanguard S&P 500 ETF VOO $17,172,148 $463,875,349 $1,545,271,870 $5,796,987,330 $113.17 0.03%
Invesco QQQ Trust QQQ $105,140,750 -$733,905,350 $1,510,037,150 $1,231,657,050 $75.04 0.20%
 

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 $2,602,500 $0 $0.03 0.02%
Vanguard Total Stock Market ETF VTI -$132,898,288 $320,734,796 $1,195,563,103 $2,784,085,445 $115.14 0.03%
Schwab US Broad Market ETF SCHB $0 $10,513,483 -$160,061,930 $399,906,466 $14.77 0.03%
Vanguard S&P 500 ETF VOO $17,172,148 $463,875,349 $1,545,271,870 $5,796,987,330 $113.17 0.03%
SPDR Portfolio Total Stock Market ETF SPTM $5,499,010 -$62,110,041 $55,804,552 $221,027,377 $3.31 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 (%)
Health Care Select Sector SPDR Fund XLV $302,113,787 -$119,696,402 -$387,527,833 -$1,049,608,887 $18.44 0.13%
iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $142,395,600 -$511,427,430 -$2,163,469,170 -$735,566,000 $31.57 0.15%
iShares Short-Term Corporate Bond ETF IGSB $136,667,960 $220,815,110 $720,370,190 $997,661,535 $11.42 0.06%
SPDR S&P Biotech ETF XBI $129,511,824 $29,623,060 $166,912,698 $265,885,588 $4.43 0.35%
Invesco QQQ Trust QQQ $105,140,750 -$733,905,350 $1,510,037,150 $1,231,657,050 $75.04 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 (%)
Vanguard S&P 500 ETF VOO $17,172,148 $463,875,349 $1,545,271,870 $5,796,987,330 $113.17 0.03%
iShares Broad USD High Yield Corporate Bond ETF USHY $0 $374,795,435 $557,450,810 $1,003,470,055 $1.24 0.22%
Financial Select Sector SPDR Fund XLF -$578,199,152 $373,485,007 $1,846,601,429 $79,803,925 $26.10 0.13%
Vanguard Total Stock Market ETF VTI -$132,898,288 $320,734,796 $1,195,563,103 $2,784,085,445 $115.14 0.03%
First Trust Dow Jones Internet Index Fund FDN $0 $316,336,392 $296,826,286 $140,516,568 $8.40 0.53%

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 MSCI EAFE ETF IEFA $0 $0 $2,210,121,920 $5,423,605,920 $63.75 0.08%
Financial Select Sector SPDR Fund XLF -$578,199,152 $373,485,007 $1,846,601,429 $79,803,925 $26.10 0.13%
iShares 20+ Year Treasury Bond ETF TLT -$12,349,060 -$839,980,410 $1,722,803,690 $1,798,422,520 $12.27 0.15%
Vanguard S&P 500 ETF VOO $17,172,148 $463,875,349 $1,545,271,870 $5,796,987,330 $113.17 0.03%
Invesco QQQ Trust QQQ $105,140,750 -$733,905,350 $1,510,037,150 $1,231,657,050 $75.04 0.20%

Source: ETF Global

Top 5 ETFs by 3-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 (%)
iShares Core S&P 500 ETF IVV -$29,610,470 -$308,741,585 $947,309,945 $9,991,733,205 $177.96 0.04%
Vanguard S&P 500 ETF VOO $17,172,148 $463,875,349 $1,545,271,870 $5,796,987,330 $113.17 0.03%
iShares Core MSCI EAFE ETF IEFA $0 $0 $2,210,121,920 $5,423,605,920 $63.75 0.08%
SPDR S&P 500 ETF Trust SPY -$132,346,141 -$777,838,024 -$106,195,744 $4,749,607,498 $276.46 0.09%
Graniteshares Gold Trust BAR $0 $0 -$8,228,750 $4,099,239,270 $0.45 0.17%

Source: ETF Global

 

 

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