ETF Weekly – Apr 22, 2018


The Steel ETF (SLX) outperformed all other non-leveraged ETF for the week ending April 20, 2018, finishing up about 4.7%. The next best performer this week was the iShares MSCI Global Metals & Mining Producers ETF (PICK), with a 4.3% gain.
And underperforming this week was the Semiconductor ETF (SMH), off -4.9% due to reports of apparent smart phone sales growth slowdown. Its main competitor, the iShares PHLX Semiconductor ETF (SOXX) also fell about -4.6% this week.
Source: ETF Channel





Fund Flows

  • Supported by strong Q1 earnings reports, US listed ETFs continued to build momentum from previous week, with inflows of $11.0B. US Equity funds added $6.8B of weekly inflows, US Fixed Income added $2.2B, and International Equity ETFs picked up $1.1B.
  • The SPDR S&P 500 ETF Trust (SPY) added a modest $708M
  • The largest other individual inflows this week went into the PowerShares QQQ Trust (QQQ), with $1.3B.
  • The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) led all ETFs in outflows this week, with -$758M, in a typical risk-on week.

Detailed Fund Flows:

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