ETFs cross $800 bln inflow mark last week

ETF Hub wrote a column · Dec 16, 2021 23:11

U.S.-listed ETFs fell off slightly in inflows compared to the previous week, but still maintained a healthy inflow of about $18.1 billion in new assets between Dec. 3 and Dec. 9.

Mix Of Risk-On, Risk-Off Inflows

The top of the flows board featured the stalwarts $SPDR S&P 500 ETF (SPY.US)$ and $iShares Core S&P 500 ETF (IVV.US)$, at $2.9 billion and $1.8 billion in inflows, respectively.

However, the rest of the leaderboard was split between defensive and growth-oriented tilts.

Bond funds accounted for plenty of inflows on the defensive side, with the $iShares 20+ Year Treasury Bond ETF (TLT.US)$ leading the asset class, with approximately $1.7 billion in new assets. The $iShares 7-10 Year Treasury Bond ETF (IEF.US)$, $Ishares Iboxx $ High Yield Corporate Bond Etf (HYG.US)$ and $Vanguard Short-Term Treasury ETF (VGSH.US)$ added a combined $2.6 billion. On the equity side, the $Consumer Staples Select Sector SPDR Fund (XLP.US)$ increased by $634.6 million.

ETFs cross $800 bln inflow mark last week

Other Broad Equities Flounder

While SPY and IVV took in heavy flows, investors pulled almost $3.5 billion from other big-name broad equity funds.

The $Vanguard S&P 500 ETF (VOO.US)$ saw the largest outflows, with a $2.5 billion loss during the period, followed by the $Invesco QQQ Trust (QQQ.US)$, with $1.0 billion. The $iShares Russell 2000 ETF (IWM.US)$ lost $945 million in the week.