ETF Weekly – Feb 4, 2018


The First Trust NASDAQ ABA Community Bank Index Fund ETF (QABA) outperformed all other non-leveraged ETF for the week ending February 2, 2018, up 0.2%. Another positive performance during this sell-off week was the PowerShares KBW Regional Banking Portfolio (KBWR), with a 0.1% weekly gain.
And underperforming other ETFs is the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), off about 8.6% this week. The First Trust Energy AlphaDEX Fund (FXN) was also down 8.2% this week.
Source: ETF Channel




Fund Flows

  • Investors added $15.5 billion to U.S.-listed ETFs this week, led by US Equity funds, with $8.6 billion inflows. Among the major asset categories, only commodities and alternatives saw outflows this week.
  • The largest ETF in the world, SPDR S&P 500 ETF Trust (SPY) took another $5.8 billion of inflows.
  • Other notable inflows include iShares Core S&P 500 ETF (IVV) with an impressive $2.8 billion AUM gain, as well as iShares MSCI Emerging Markets ETF (EEM) with $993 million, PowerShares QQQ Trust (QQQ), with $933 million, and VelocityShares Daily Inverse VIX Short-Term ETN (XIV), with $805 million, as the spike in volatility attracted more assets.
  • The iShares MSCI EAFE ETF (EFA) led all ETFs in outflows this week, -$2.1 billion, as investors tried to reposition their portfolios. It was followed by iShares Russell 2000 ETF (IWM), with $-688 million, SPDR Bloomberg Barclays High Yield Bond ETF (JNK), -$625 million, Vanguard REIT ETF (VNQ), -$456 million, and iShares U.S. Home Construction ETF (ITB), down -$420 million.

Source: ETF.com


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