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ETF AM Wrap-Up: Flows into Gold ETF Continue while Investors Demand US Fixed Income Funds

Jun 24, 2019

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  • Investors continue to hedge against inflation and a possible economic downturn as the SPDR Gold Shares (GLD) received elevated inflows of $1.5 billion, leading funds in our coverage universe in 1-day fund flows on Friday. GLD is also a top ETF by both 1-week and 1-month fund flow, speaking to the ongoing rotation among investors into gold.
  • GLD has a “SELL” trading signal.
     
  • Demand for US fixed income instruments lingered in trading on Friday as the iShares US Treasury Bond ETF (GOVT) and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) were top ETFs by 1-day fund flow on Friday, receiving combined inflows of more than $1.2 billion.
  • GOVT has a “SELL” trading signal.  
  • HYG 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 $266,301,074 -$5,763,664,052 -$5,049,516,045 -$7,808,011,682 $266.13 0.09%
iShares Core S&P 500 ETF IVV $0 $2,148,160,910 $3,988,890,365 $7,639,118,825 $183.85 0.04%
Vanguard Total Stock Market ETF VTI -$40,989,219 $637,639,213 $441,079,388 $2,616,372,107 $116.38 0.03%
Vanguard S&P 500 ETF VOO $95,750,781 $874,787,183 $1,739,745,057 $3,238,070,952 $115.98 0.03%
Invesco QQQ Trust QQQ $859,363,050 $1,391,949,300 $1,166,644,600 $1,182,113,900 $74.87 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 $5,139,500 $0.03 0.02%
SPDR Portfolio Total Stock Market ETF SPTM -$1,840,094 $7,226,433 $95,208,114 $302,430,383 $3.47 0.03%
Schwab US Broad Market ETF SCHB -$14,213,812 -$171,823 $458,282,579 $476,484,374 $15.42 0.03%
iShares Core S&P Total U.S. Stock Market ETF ITOT $0 $403,023,735 $992,182,585 $2,000,215,620 $21.27 0.03%
Vanguard Total Stock Market ETF VTI -$40,989,219 $637,639,213 $441,079,388 $2,616,372,107 $116.38 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 Gold Shares GLD $1,548,987,300 $1,548,987,300 $2,724,461,900 $965,067,200 $35.88 0.40%
Invesco QQQ Trust QQQ $859,363,050 $1,391,949,300 $1,166,644,600 $1,182,113,900 $74.87 0.20%
iShares U.S. Treasury Bond ETF GOVT $694,213,680 $300,771,630 $770,229,170 $2,871,555,310 $11.42 0.15%
iShares iBoxx $ High Yield Corporate Bond ETF HYG $522,649,200 $1,768,367,070 $1,462,354,930 $1,900,561,590 $17.55 0.49%
iShares Russell 1000 Growth ETF IWF $493,930,130 $548,585,150 $688,100,555 $497,290,150 $45.51 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 (%)
iShares iBoxx $ Investment Grade Corporate Bond ETF v $481,397,280 $2,313,847,040 $4,359,666,530 $2,631,148,910 $36.60 0.15%
iShares Core S&P 500 ETF IVV $0 $2,148,160,910 $3,988,890,365 $7,639,118,825 $183.85 0.04%
iShares iBoxx $ High Yield Corporate Bond ETF HYG $522,649,200 $1,768,367,070 $1,462,354,930 $1,900,561,590 $17.55 0.49%
SPDR Gold Shares GLD $1,548,987,300 $1,548,987,300 $2,724,461,900 $965,067,200 $35.88 0.40%
Invesco QQQ Trust QQQ $859,363,050 $1,391,949,300 $1,166,644,600 $1,182,113,900 $74.87 0.20%

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 iBoxx $ Investment Grade Corporate Bond ETF LQD $481,397,280 $2,313,847,040 $4,359,666,530 $2,631,148,910 $36.60 0.15%
iShares Short Treasury Bond ETF SHV $55,294,650 $132,679,110 $4,219,671,920 $4,981,194,220 $24.58 0.15%
iShares Core S&P 500 ETF IVV $0 $2,148,160,910 $3,988,890,365 $7,639,118,825 $183.85 0.04%
SPDR Gold Shares GLD $1,548,987,300 $1,548,987,300 $2,724,461,900 $965,067,200 $35.88 0.40%
iShares 7-10 Year Treasury Bond ETF IEF $209,036,480 $45,241,240 $2,439,666,660 $2,916,202,690 $16.25 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 (%)
iShares Core S&P 500 ETF IVV $0 $2,148,160,910 $3,988,890,365 $7,639,118,825 $183.85 0.04%
iShares Core MSCI EAFE ETF IEFA $0 $1,049,998,080 $1,748,046,940 $5,716,452,840 $65.32 0.08%
iShares Short Treasury Bond ETF SHV $55,294,650 $132,679,110 $4,219,671,920 $4,981,194,220 $24.58 0.15%
iShares 20+ Year Treasury Bond ETF TLT $0 -$171,885,150 $1,070,381,620 $3,259,285,490 $14.38 0.15%
Vanguard S&P 500 ETF VOO $95,750,781 $874,787,183 $1,739,745,057 $3,238,070,952 $115.98 0.03%

Source: ETF Global

 

 

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