Assets Move to Industrials, Away From Energy as Flows Shift


The Industrial Select Sector SPDR Fund (XLI) added a solid $1 billion of net inflows on Tuesday, according to data provided by FactSet. The sector ETF was second only to the SPDR S&P 500 ETF Trust (SPY), which garnered a whopping $2.9 billion of flows.

The iShares Core S&P 500 ETF (IVV) took the third spot with a respectable $542.7 million gain, the First Trust Value Line Dividend Index Fund (FVD) followed with $453.3 million added, and the Schwab US TIPS ETF (SCHP) rounded out the top five with inflows of $347.3 million.

A few leveraged ETFs also made the creations list, including the Direxion Daily S&P 500 Bull 3x Shares (SPXL) and the GraniteShares 2x Long PLTR Daily ETF (PTIR), which brought in $328 million and $243.4 million, respectively.

On the redemptions side, the Vanguard S&P 500 ETF (VOO)—the world’s largest ETF—saw $1.8 billion exit, and the tech-heavy Invesco QQQ Trust Series I (QQQ) gave up $1.2 billion. The Vanguard Mid-Cap ETF (VO) also saw notable redemptions of $1.1 billion.

The only sector ETF that made the redemptions list was the Energy Select Sector SPDR Fund (XLE), which experienced outflows of $658 million as crude oil prices continued to cool following President Donald Trump’s Monday night announcement that Israel and Iran had agreed to a cease-fire.

Overall, ETFs added $2.5 billion of net inflows on Tuesday.

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

SPY

SPDR S&P 500 ETF Trust

2,880.67

610,810.62

0.47%

XLI

Industrial Select Sector SPDR Fund

1,042.87

21,637.94

4.82%

IVV

iShares Core S&P 500 ETF

542.69

584,931.38

0.09%

FVD

First Trust Value Line Dividend Index Fund

453.27

9,478.04

4.78%

SCHP

Schwab US TIPS ETF

347.28

13,191.38

2.63%

SPXL

Direxion Daily S&P 500 Bull 3x Shares

328.00

5,224.00

6.28%

SPTL

SPDR Portfolio Long Term Treasury ETF

300.95

11,362.75

2.65%

HYG

iShares iBoxx $ High Yield Corporate Bond ETF

286.95

16,993.83

1.69%

XBI

SPDR S&P BIOTECH ETF

265.26

4,688.40

5.66%

PTIR

GraniteShares 2x Long PLTR Daily ETF

243.42

717.78

33.91%

 

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

VOO

Vanguard S&P 500 ETF

-1,764.99

680,630.05

-0.26%

QQQ

Invesco QQQ Trust Series I

-1,223.05

337,376.40

-0.36%

VO

Vanguard Mid-Cap ETF

-1,106.98

83,069.49

-1.33%

XLE

Energy Select Sector SPDR Fund

-658.01

27,716.12

-2.37%

VTI

Vanguard Total Stock Market ETF

-581.99

485,748.94

-0.12%

TSLL

Direxion Daily TSLA Bull 2X Shares

-523.51

6,830.08

-7.66%

VUG

Vanguard Growth ETF

-459.48

169,608.91

-0.27%

VBR

Vanguard Small Cap Value ETF

-307.40

29,452.40

-1.04%

VB

Vanguard Small-Cap ETF

-303.17

62,719.48

-0.48%

VOT

Vanguard Mid-Cap Growth ETF

-288.62

16,907.43

-1.71%

 



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