ETF Weekly – Jan 28, 2018

Performance

The Colombia ETF (COLX) was the best performing non-leveraged ETF for the week ending January 27, 2018, up 4.8%. Another standout this week was the Dynamic Semiconductors Portfolio (PSI), with a 2.3% weekly gain.
And underperforming other ETFs, ironically, is Top Guru Holdings Index ETF (GURU), down 12.8% this week, as several holdings of the concentrated portfolio took heavy losses. The FTSE Argentina 20 ETF (ARGT) was another notable underperformer, falling about 4.2% this week.
Source: ETF Channel

Launches

  • First Trust debuts lowest-cost blockchain ETF.
  • J.P. Morgan adds long/short fund to its alternative ETFs lineup.
  • GraniteShares launches low-cost physical platinum ETF.
  • Bank of Montreal and REX Shares roll out leveraged “FANG” ETNs.

Filings

  • Amplify plans tactical allocation fund

Fund Flows

  • Investors added $16.6 billion to U.S.-listed ETFs this week, bringing YTD inflows to $50.6 billion.
  • SPDR S&P 500 ETF Trust (SPY) took $6.2 billion of inflows that pushed assets under management for the world’s largest ETF to break the $300 billion milestone.
  • Other notable inflows include Vanguard FTSE Emerging Markets ETF (VWO) with $685 million, continuing the trend, and the contrarian Utilities Select Sector SPDR Fund (XLU), with $566 million this week even as utility stocks struggled due to rising interest rates.
  • Bond ETFs continued to lead outflows this week, with the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) leading the way, with -$612 million and -$542 million, respectively. The next largest outflow came from the Consumer Discretionary Select Sector SPDR Fund (XLY), with -$523 million.

Source: ETF.com

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