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IEMG

iShares Core MSCI Emerging Markets

$65.24 /

-0.805 (-1.22%)

, XLF

Financial Select Sector

$30.98 /

-0.495 (-1.57%)

14:37
01/15/21
01/15
14:37
01/15/21
14:37

On the Fly: Weekly ETF Fund Flows

Creations bested redemptions by a factor of over 1.2 to 1 per data from ETF.com. On the creations side inflows were not as skewed as has been typical of recent weeks and months. The single largest inflow was to the iShares Core MSCI Emerging Markets ETF (IEMG) at over 17.8% of creations. Financials (XLF) were next in line at over 11.7% of inflows. Bonds and fixed income products were over 29% of creations. Those funds were the Vanguard Intermediate-Term Corporate Bond ETF (VCIT), iShares MBS ETF (MBB), and Vanguard Total Bond Market ETF (BND). On the redemptions side there was decidedly more of a skew with the SPDR S&P 500 ETF Trust (SPY) making up more than 30% of outflows. The SPDR Gold Trust (GLD) was the next largest single fund outflow at 12%. S&P 500 funds including the SPY made up over 41% of outflows. That group included the Communication Services Select Sector SPDR Fund (XLC) and Consumer Staples Select Sector SPDR Fund (XLP). Bonds also saw notable redemptions at over 15% of outflows. Those funds were the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) and iShares 20+ Year Treasury Bond ETF (TLT).

IEMG

iShares Core MSCI Emerging Markets

$65.24 /

-0.805 (-1.22%)

XLF

Financial Select Sector

$30.98 /

-0.495 (-1.57%)

VCIT

Vanguard Intermediate-Term Corporate Bond Index Fund

$96.47 /

+0.13 (+0.13%)

MBB

iShares MBS ETF

$110.15 /

+0.05 (+0.05%)

BND

Vanguard Total Bond Market ETF

$87.38 /

+0.14 (+0.16%)

SPY

SPDR S&P 500 ETF Trust

$376.49 /

-1.99 (-0.53%)

GLD

SPDR Gold Shares

$171.45 /

-1.77 (-1.02%)

XLC

Communication Services Select Sector SPDR Fund

$65.45 /

+0.34 (+0.52%)

XLP

Consumer Staples Sector SPDR

$65.70 /

-0.18 (-0.27%)

HYG

iShares iBoxx $ High Yield Corporate Bond

$87.22 /

-0.02 (-0.02%)

TLT

iShares 20+ Year Treasury Bond Fund

$151.98 /

+0.74 (+0.49%)

IEMG iShares Core MSCI Emerging Markets
$65.24 /

-0.805 (-1.22%)

XLF Financial Select Sector
$30.98 /

-0.495 (-1.57%)

VCIT Vanguard Intermediate-Term Corporate Bond Index Fund
$96.47 /

+0.13 (+0.13%)

MBB iShares MBS ETF
$110.15 /

+0.05 (+0.05%)

BND Vanguard Total Bond Market ETF
$87.38 /

+0.14 (+0.16%)

SPY SPDR S&P 500 ETF Trust
$376.49 /

-1.99 (-0.53%)

01/07/21 Credit Suisse
Credit Suisse raises 2021 S&P 500 target to 4,200, sees 12% upside
11/09/20 JPMorgan
JPMorgan sees S&P 500 hitting 4,000 by early next year
09/01/20
Fed's Brainard says monetary policy to pivot from stabilization to accommodation
08/17/20 Goldman Sachs
Goldman boosts end of 2020 S&P 500 target to 3,600 from 3,000
GLD SPDR Gold Shares
$171.45 /

-1.77 (-1.02%)

XLC Communication Services Select Sector SPDR Fund
$65.45 /

+0.34 (+0.52%)

XLP Consumer Staples Sector SPDR
$65.70 /

-0.18 (-0.27%)

HYG iShares iBoxx $ High Yield Corporate Bond
$87.22 /

-0.02 (-0.02%)

TLT iShares 20+ Year Treasury Bond Fund
$151.98 /

+0.74 (+0.49%)

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