ETF Weekly – Mar 4, 2018


The SPDR S&P Semiconductor ETF (XSD) outperformed all other non-leveraged ETF for another volatile week ending March 2, 2018, finishing up about 1.2%. The next best performer during this rebound week was iShares PHLX Semiconductor ETF (SOXX), with a 1.0% gain.
And underperforming other ETFs is the SPDR S&P Homebuilders ETF (XHB), trading down -5.5% this week. One of last week’s outperformers, the Shares U.S. Oil Equipment & Services ETF (IEZ) also fell about -5.3% this week.
Source: ETF Channel





Fund Flows

  • This week saw strong inflows back into US listed ETFs, to the tune of $12.3B. US Equity funds led the charge with $9.9B of inflows, followed by international equities, which gained $1.0B and US Fixed Income with inflows of $733M.
  • The SPDR S&P 500 ETF Trust (SPY) gained $4.1B alone.
  • Other large inflows include PowerShares QQQ Trust (QQQ), $1.8B, followed by iShares Core S&P 500 ETF (IVV), with $1.3B, iShares Core U.S. Aggregate Bond ETF (AGG), with $1.0B, and Vanguard S&P 500 ETF (VOO), with $676M of inflows.
  • The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) led all ETFs in outflows this week, with -$550M, followed by the iShares Russell 2000 ETF (IWM), once again, with -$465M. iShares 20+ Year Treasury Bond ETF (TLT) lost -$332M, VanEck Vectors Semiconductor ETF (SMH), down -$308M. Yet another bond fund, Vanguard Short-Term Corporate Bond ETF (VSCH) rounded up the top 5 AUM losers, down -$283M.


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