ETF Weekly – Mar 18, 2018


The iShares U.S. Utilities ETF (IDU) outperformed all other non-leveraged ETF for the week ending March 16, 2018, finishing up about 2.1%. The next best performer this week was another utility fund, the First Trust Utilities AlphaDEX Fund (FXU), with 1.9% gain.
And underperforming this week was the iShares U.S. Aerospace & Defense ETF (ITA), trading down -3.6% this week. The SPDR S&P Aerospace & Defense ETF (XAR) also fell about -3.5% this week.
Source: ETF Channel





Fund Flows

  • In yet another reversal, this week saw strong, in fact record inflows into the US listed ETFs totaling an astounding 44.7B. US Equity funds led with an enormous $39.3B of weekly inflows. International Equity ETFs picked up $3.8B, and US Fixed Income also had net inflows of $1.0B. Despite these net positive numbers, European equity ETFs as well as Treasury and broad US bond funds were notable AUM losers.
  • The SPDR S&P 500 ETF Trust (SPY) gained nearly $10.8B by itself.
  • Other large individual inflows this week include the iShares Select Dividend ETF (DVY), with $3.5B, followed by PowerShares QQQ Trust (QQQ), with $2.7B, and iShares Core MSCI EAFE ETF (IEFA), with $2.5B.
  • The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) led all ETFs in outflows this week, with -$907M, followed by the iShares MSCI Eurozone ETF (EZU), with -$423M, and iShares 20+ Year Treasury Bond ETF (TLT), with -$336M.


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