morning-quant-ride

Morning Brief

Wake up to the Morning Quant Ride, your global markets update every morning!

ETF AM Wrap-Up: ESG ETF Demand Spikes as Risk-Off Remains in Focus

Jun 03, 2019

Actionable and Transparent Quantitative ResearchActionable and Transparent Quantitative Research
Actionable and Transparent Quantitative ResearchActionable and Transparent Quantitative Research
 
  • Interesting to see the iShares MSCI USA ESG Select ETF (SUSA) as the top ETF by 1-day fund flow with more than $879.13 million of positive inflows on Friday. SUSA is comprised of US-based companies that are deemed to be socially responsible and excludes companies that operates in industries such as tobacco, gambling, etc.  
     
  • Clearly risk-off is prevailing in markets amid growing trade tensions with the iShares 1-3 Year Treasury Bond ETF (SHY) receiving $657.9 million of positive fund flows on Friday. The Vanguard High Dividend Yield ETF (VYM) also is a top ETF by 1-day fund flow with $202.8 million of inflows on Friday, further supporting increased demand for more predictable returns amid continued market uncertainty.
  • VYM has a “Poor” Smart Beta rating.

 

Top 5 ETFs by Assets Under Management (AUM)

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 -$153,472,092 -$6,039,608,316 -$12,294,615,997 -$10,791,002,826 $248.57 0.09%
iShares Core S&P 500 ETF IVV $182,591,825 $803,494,255 $2,091,060,590 $11,749,287,095 $169.79 0.04%
Vanguard Total Stock Market ETF VTI -$20,199,897 -$143,722,357 $902,479,660 $2,983,234,342 $108.58 0.03%
Vanguard S&P 500 ETF VOO $145,302,686 -$99,493,409 $266,625,433 $4,490,090,478 $106.30 0.03%
Vanguard FTSE Developed Markets ETF VEA $352,600 $103,300,379 $232,205,985 $810,780,803 $69.02 0.05%
 

Source: ETF Global

Top 5 ETFs by Lowest Net Expense Ratios

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 (%)
JPMORGAN BETABUILDERS U.S. EQUITY ETF BBUS $0 $0 $0 $0 $0.03 0.02%
Schwab US Large-Cap ETF SCHX $16,679,685 $86,838,238 $339,512,408 $1,127,575,021 $15.96 0.03%
SPDR Portfolio Total Stock Market ETF SPTM $0 $12,265,533 $31,437,756 $303,627,425 $3.20 0.03%
Vanguard S&P 500 ETF VOO $145,302,686 -$99,493,409 $266,625,433 $4,490,090,478 $106.30 0.03%
iShares Core S&P Total U.S. Stock Market ETF ITOT $0 $285,963,040 $666,550,145 $1,356,336,450 $19.34 0.03%

Source: ETF Global

Top 5 ETFs by 1-Day 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 MSCI USA ESG Select ETF SUSA $879,136,470 $6,900,430 $36,808,795 $84,337,170 $0.97 0.25%
iShares 1-3 Year Treasury Bond ETF SHY $657,880,860 $902,263,000 $1,112,292,370 $1,468,819,020 $20.86 0.15%
Vanguard High Dividend Yield ETF VYM $202,827,000 $260,529,377 $421,775,260 $1,056,886,429 $22.80 0.06%
iShares Core S&P 500 ETF IVV $182,591,825 $803,494,255 $2,091,060,590 $11,749,287,095 $169.79 0.04%
Vanguard S&P 500 ETF VOO $145,302,686 -$99,493,409 $266,625,433 $4,490,090,478 $106.30 0.03%

Source: ETF Global

Top 5 ETFs by 1-Week 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 1-3 Year Treasury Bond ETF SHY $657,880,860 $902,263,000 $1,112,292,370 $1,468,819,020 $20.86 0.15%
iShares Core S&P 500 ETF IVV $182,591,825 $803,494,255 $2,091,060,590 $11,749,287,095 $169.79 0.04%
iShares 20+ Year Treasury Bond ETF TLT $38,978,400 $707,956,540 $380,408,710 $2,287,389,880 $14.29 0.15%
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF BIL $137,386,809 $590,711,627 $755,299,434 $586,075,775 $8.47 0.14%
iShares 7-10 Year Treasury Bond ETF IEF $108,083,400 $547,851,080 $601,406,650 $420,018,410 $14.43 0.15%

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 S&P 500 ETF IVV $182,591,825 $803,494,255 $2,091,060,590 $11,749,287,095 $169.79 0.04%
Vanguard Total Bond Market ETF BND $81,850,000 $432,243,000 $1,396,316,000 $1,635,173,000 $40.19 0.04%
iShares Core U.S. Aggregate Bond ETF AGG $43,930,120 $382,320,170 $1,263,551,090 $2,646,025,790 $62.20 0.05%
iShares Edge MSCI Min Vol USA ETF USMV $47,448,000 $235,895,820 $1,223,891,960 $2,474,923,760 $26.50 0.15%
iShares Core MSCI EAFE ETF IEFA $0 $0 $1,218,484,860 $6,101,991,420 $62.28 0.08%

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 $182,591,825 $803,494,255 $2,091,060,590 $11,749,287,095 $169.79 0.04%
iShares Core MSCI EAFE ETF IEFA $0 $0 $1,218,484,860 $6,101,991,420 $62.28 0.08%
Vanguard S&P 500 ETF VOO $145,302,686 -$99,493,409 $266,625,433 $4,490,090,478 $106.30 0.03%
Graniteshares Gold Trust BAR $0 $0 $47,872,550 $4,133,915,520 $0.50 0.17%
Vanguard Total Stock Market ETF VTI -$20,199,897 -$143,722,357 $902,479,660 $2,983,234,342 $108.58 0.03%

Source: ETF Global

 

 

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