On The Fly: ETF fund flow highlights

For the second week, creations beat redemptions by a factor of 1.8 to 1 among the top twenty by dollar volume ETFs per data from ETF.com. On the creations side the SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust (QQQ) dominated inflows. Combined they were over 46% of creations. S&P 500 funds dominated when summed with the SPY, iShares Core S&P 500 ETF (IVV), Energy (XLE), and Financials (XLF) coming in at over 45% of creations. On the redemptions side there was an offset to the strongly bullish S&P 500 flows with the Vanguard S&P 500 ETF (VOO) seeing a notable outflow of over $1.1B which was over 26% of outflows. The remainder of funds saw smaller scale flows without a strong geographic or asset class skew.