ETF Weekly – Mar 11, 2018


The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) outperformed all other non-leveraged ETF for the week ending March 9, 2018, finishing up about 6.4%. The next best performer this week was the PowerShares NASDAQ Internet Portfolio (PNQI), with a 5.9% gain.
And underperforming other ETFs in the wake of the new tariffs is the SPDR S&P Metals & Mining ETF (XME), trading down -1.6% this week. The Steel ETF (SLX) also fell about -1.5% this week.
Source: ETF Channel



  • Janus will shut down the Janus Velocity Tail Risk Hedged Large Cap ETF (TRSK) and the Janus Velocity Volatility Hedged Large Cap ETF (SPXH)



Fund Flows

  • After two weeks of solid gains, this week saw strong outflows of -9.6B out of US listed ETFs. US Equity funds were responsible for the bulk of it with -$9.3B of outflows, but US Fixed Income also had outflows of -$611M.
  • The SPDR S&P 500 ETF Trust (SPY) lost $-12.7B alone.
  • Large inflows this week include iShares Core MSCI EAFE ETF (IEFA), with $1.8B, followed by iShares Core S&P 500 ETF (IVV), with $1.1B, and Consumer Staples Select Sector SPDR Fund (XLP), with $643M.
  • The iShares Core U.S. Aggregate Bond ETF (AGG) led all other ETFs in outflows this week, reversing from the previous week, with -$915M, followed by the Vanguard Information Technology ETF (VGT), with -$820M, and Industrial Select Sector SPDR Fund (XLI), with -$543M.


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