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ETF AM Wrap-Up: There’s Something About Sustainability, ESG ETF Leads in 1-Day Fund Flow

May 10, 2019

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  • Wow! Very interesting to see the iShares ESG MSCI USA Leaders ETF (SUSL) as the top ETF by 1-day fund flow yesterday with more than $850 million of inflows. ESG funds like SUSL invest in companies with high environmental, social, and governance ratings relative to their sector, market capitalization, or geographic region. SUSL is a new ETF launched by Blackrock on Tuesday, May 7th -- clearly the ETF already has high demand!
     
  • ESG ETFs are considered to be among the best investment vehicles for exposure to companies that operate in an ethical, sustainable, and environmentally conscious manner; the strategy is gaining robust popularity within the millennial demographic. As millennials continue to age and transition into more full-time positions and higher paying jobs overall, their investment ideologies will play a greater role in the landscape of global financial markets. That is why we published, “Stocks to Own as Millennials Spending Grows - Barron’s Highlights 5 Stocks,” last week; for Quantamize.com users to understand how they can take advantage of the aging millennial!
     
  • Investors continued to favor buying specific US large-cap sectors yesterday with the Energy Select Sector SPDR Fund (XLE) and the Technology Select Sector SPDR Fund (XLK) as the number 2 and 3 ETFs by 1-day fund flow in our 3,000+ ETF coverage universe, receiving $465.2 million and $244.7 million of inflows.
  • XLE has a “SELL” trading signal. 
  • XLU has a “SELL” trading signal and a “Caution” Smart Beta rating.
     
  • Still, the iShares Core S&P 500 ETF (IVV) managed to scrape into the number 5 position for 1-day fund flow with $217.1 million of inflows yesterday. The SPDR S&P 500 ETF Trust’s (SPY) $1.74 billion outflow, however, far outweighs positive inflows observed in top ETFs that track the US large-cap benchmark S&P 500. As we continue on without an idea of the direction of the US-China trade war, the outlook for the S&P 500 Index and other US large-cap stocks will remain unclear.
  • IVV has a “Caution” trading signal and a “Buy” Smart Beta rating. 
  • SPY has a “BUY” trading signal and a “Caution” Smart Beta rating.

 

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 -$1,739,594,627 -$7,148,036,055 -$6,538,599,534 -$2,443,426,816 $266.73 0.09%
iShares Core S&P 500 ETF IVV $217,112,250 $26,117,445 $760,522,240 $9,930,138,255 $174.82 0.04%
Vanguard Total Stock Market ETF VTI $38,292,115 $178,555,404 $1,299,084,944 $3,098,393,548 $113.22 0.03%
Vanguard S&P 500 ETF VOO $107,242,788 $523,235,977 $1,940,937,565 $5,390,079,084 $111.48 0.03%
Invesco QQQ Trust QQQ $55,694,100 -$1,991,230,250 -$1,331,751,050 $574,944,650 $72.42 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 $38,292,115 $178,555,404 $1,299,084,944 $3,098,393,548 $113.22 0.03%
Schwab US Broad Market ETF SCHB $34,626,115 $45,139,598 -$146,285,732 $434,532,581 $14.50 0.03%
Vanguard S&P 500 ETF VOO $107,242,788 $523,235,977 $1,940,937,565 $5,390,079,084 $111.48 0.03%
SPDR Portfolio Total Stock Market ETF SPTM $0 $1,908,487 $52,214,028 $217,436,853 $3.25 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 (%)
iShares ESG MSCI USA Leaders ETF SUSL $850,180,820 $0 $0 $0 $0.00 0.00%
Energy Select Sector SPDR Fund XLE $465,224,832 -$112,834,135 -$487,675,969 -$333,341,743 $12.22 0.13%
Technology Select Sector SPDR Fund XLK $244,649,997 $322,275,757 $573,227,580 $454,427,824 $20.52 0.13%
iShares Core U.S. Aggregate Bond ETF AGG $227,863,440 $65,511,460 $530,727,410 $1,962,028,360 $59.75 0.05%
iShares Core S&P 500 ETF IVV $217,112,250 $26,117,445 $760,522,240 $9,930,138,255 $174.82 0.04%

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 $107,242,788 $523,235,977 $1,940,937,565 $5,390,079,084 $111.48 0.03%
Health Care Select Sector SPDR Fund XLV $8,904,991 $480,448,939 -$265,639,378 -$562,990,394 $18.16 0.13%
iShares Core MSCI EAFE ETF IEFA $0 $345,786,420 $2,123,053,540 $5,769,392,340 $63.30 0.08%
Technology Select Sector SPDR Fund XLK $244,649,997 $322,275,757 $573,227,580 $454,427,824 $20.52 0.13%
Utilities Select Sector SPDR Fund XLU -$188,088,387 $307,373,169 -$154,883,085 $353,676,662 $9.43 0.13%

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 (%)
iShares Core MSCI EAFE ETF IEFA $0 $345,786,420 $2,123,053,540 $5,769,392,340 $63.30 0.08%
Vanguard S&P 500 ETF VOO $107,242,788 $523,235,977 $1,940,937,565 $5,390,079,084 $111.48 0.03%
iShares 20+ Year Treasury Bond ETF TLT $0 -$74,839,260 $1,549,164,800 $1,262,754,960 $12.25 0.15%
Vanguard Total Stock Market ETF VTI $38,292,115 $178,555,404 $1,299,084,944 $3,098,393,548 $113.22 0.03%
iShares U.S. Treasury Bond ETF GOVT $7,527,360 $65,251,920 $1,226,403,810 $2,173,278,270 $9.99 0.15%

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 $217,112,250 $26,117,445 $760,522,240 $9,930,138,255 $174.82 0.04%
iShares Core MSCI EAFE ETF IEFA $0 $345,786,420 $2,123,053,540 $5,769,392,340 $63.30 0.08%
Vanguard S&P 500 ETF VOO $107,242,788 $523,235,977 $1,940,937,565 $5,390,079,084 $111.48 0.03%
Graniteshares Gold Trust BAR $0 $42,695,750 $31,894,200 $4,141,935,020 $0.49 0.17%
Vanguard Total Stock Market ETF VTI $38,292,115 $178,555,404 $1,299,084,944 $3,098,393,548 $113.22 0.03%

Source: ETF Global

 

 

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