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ETF AM Wrap-Up: Investors Buy Consumer Discretionary Stocks Ahead of US Retail Sales, Utilities ETF Demand Spikes

Jun 14, 2019

Actionable and Transparent Quantitative ResearchActionable and Transparent Quantitative Research
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  • US large-cap stocks remained in demand during trading yesterday with the SPDR S&P 500 ETF Trust (SPY) receiving $158.6 million of positive inflows. Investors specifically bought into US large-cap utilities stocks yesterday with the Utilities Select Sector SPDR Fund (XLU) as the top ETF by 1-day fund flow with nearly $310 million of positive inflows on Thursday. Consumer discretionary stocks also observed elevated demand with the Consumer Discretionary Select Sector SPDR Fund (XLY) receiving positive fund flows of $234.2 million ahead of today’s integral US retail sales report.
  • SPY has a “BUY” trading signal and a “Caution” Smart Beta rating.  
  • XLU has a “BUY” trading signal.  
  • XLY has a “BUY” trading signal and a “Caution” Smart Beta rating.
     
  • Looks like sentiment towards high yield bonds reversed this week with the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) as a top ETF by 1-day and 1-week fund flow, observing inflows of $150.6 million and $1.06 billion, respectively. As can be seen in the tables below, JNK still has observed negative outflows of $5.9 billion over the last 3 months.
  • JNK has a “SELL” 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 $158,576,264 $1,204,931,006 $446,122,626 $272,201,406 $265.96 0.09%
iShares Core S&P 500 ETF IVV $0 $271,836,875 $2,472,856,155 $12,126,886,925 $179.09 0.04%
Vanguard Total Stock Market ETF VTI $150,465,759 $68,518,055 $42,964,923 $2,182,008,438 $113.86 0.03%
Vanguard S&P 500 ETF VOO -$22,587,027 $188,077,236 $949,122,855 $6,732,178,202 $112.62 0.03%
Invesco QQQ Trust QQQ -$547,119,000 $988,629,400 -$96,082,300 $901,537,800 $71.55 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 $0 $0 $0.03 0.02%
SPDR Portfolio Total Stock Market ETF SPTM $7,167,724 $26,790,929 $142,829,308 $305,656,794 $3.41 0.03%
Schwab US Broad Market ETF SCHB $0 $31,236,811 $517,018,029 $534,267,674 $15.13 0.03%
iShares Core S&P Total U.S. Stock Market ETF ITOT $0 $117,651,780 $669,144,100 $1,386,725,895 $20.58 0.03%
Vanguard Total Stock Market ETF VTI $150,465,759 $68,518,055 $42,964,923 $2,182,008,438 $113.86 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 (%)
Utilities Select Sector SPDR Fund XLU $309,312,976 $102,396,631 $435,215,543 $337,134,968 $10.10 0.13%
iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $266,265,340 $1,355,010,930 $1,422,458,380 $394,236,570 $33.71 0.15%
Consumer Discretionary Select Sector SPDR Fund XLY $234,186,698 $439,015,539 $193,641,397 $898,662,367 $13.99 0.13%
SPDR S&P 500 ETF Trust SPY $158,576,264 $1,204,931,006 $446,122,626 $272,201,406 $265.96 0.09%
SPDR Bloomberg Barclays High Yield Bond ETF JNK $150,645,972 $1,051,308,975 $24,019,398 -$5,917,043,928 $9.07 0.40%

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 (%)
iShares Short Treasury Bond ETF SHV -$11,049,150 $1,988,109,540 $4,385,043,110 $5,058,107,890 $24.32 0.15%
iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $266,265,340 $1,355,010,930 $1,422,458,380 $394,236,570 $33.71 0.15%
SPDR S&P 500 ETF Trust SPY $158,576,264 $1,204,931,006 $446,122,626 $272,201,406 $265.96 0.09%
SPDR Bloomberg Barclays High Yield Bond ETF JNK $150,645,972 $1,051,308,975 $24,019,398 -$5,917,043,928 $9.07 0.40%
Invesco QQQ Trust QQQ -$547,119,000 $988,629,400 -$96,082,300 $901,537,800 $71.55 0.20%

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 Short Treasury Bond ETF SHV -$11,049,150 $1,988,109,540 $4,385,043,110 $5,058,107,890 $24.32 0.15%
iShares Core S&P 500 ETF IVV $0 $271,836,875 $2,472,856,155 $12,126,886,925 $179.09 0.04%
iShares 7-10 Year Treasury Bond ETF IEF -$108,887,500 -$260,224,500 $2,447,590,430 $2,399,203,340 $16.19 0.15%
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF BIL -$73,203,334 $539,675,358 $2,013,078,413 $2,063,299,963 $9.87 0.14%
iShares Core U.S. Aggregate Bond ETF AGG $22,055,300 $264,459,280 $1,840,172,950 $3,290,374,290 $63.16 0.05%

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 $0 $271,836,875 $2,472,856,155 $12,126,886,925 $179.09 0.04%
Vanguard S&P 500 ETF VOO -$22,587,027 $188,077,236 $949,122,855 $6,732,178,202 $112.62 0.03%
iShares Core MSCI EAFE ETF IEFA $0 -$123,584,400 $1,024,541,800 $5,676,331,620 $64.52 0.08%
iShares Short Treasury Bond ETF SHV -$11,049,150 $1,988,109,540 $4,385,043,110 $5,058,107,890 $24.32 0.15%
Graniteshares Gold Trust BAR $0 $0 $5,176,800 $4,127,289,120 $0.52 0.17%

Source: ETF Global

 

 

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