3 China ETFs Had Huge Inflows Last Week

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Year-to-date inflows for U.S.-listed exchange-traded funds topped $694 billion last week thanks to a strong week of inflows. 

Investors plowed $10.3 billion into U.S. equity ETFs, $8.6 billion into international equity ETFs and $5.8 billion into U.S. fixed income ETFs during the week ending Friday, Oct. 4. In total, $28.2 billion went into U.S.-listed ETFs last week.

The hefty inflows for international equity ETFs, in particular, were notable. Investors used ETFs to get exposure to the rip-roaring rally in China’s stock market.

Three of the ten ETFs with the largest inflows last week were China funds, while one was a broad emerging markets ETF with a heavy weighting in Chinese stocks.

The iShares Trust - China Large-Cap ETF (FXI) had inflows of $2.6 billion last week; the KraneShares CSI China Internet ETF (KWEB) had inflows of $1.3 billion; and the Direxion Daily FTSE China Bull 3X Shares (YINN) had inflows of $819 million.

The iShares Core MSCI Emerging Markets ETF (IEMG) picked up $662 million of inflows.

While fast money rushed into China ETFs, long-term investors focused on the U.S. stock market continued to put money to work at the same time. 

The iShares Core S&P 500 ETF (IVV) and the Vanguard 500 Index Fund (VOO), two funds popular with long-term investors, had inflows of $7.2 billion and $3.7 billion, respectively, last week.

In contrast, the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) topped the outflows list, with redemptions of $6 billion and $4 billion, respectively.

The two ETFs have wide ranging investor bases composed of both short- and long-term investors. 

For a full list of last week’s top inflows and outflows, see the tables below:


Top 10 Creations (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change<

IVV

iShares Core S&P 500 ETF

7,168.56

530,561.63

1.35

VOO

Vanguard 500 Index Fund

3,685.97

525,155.17

0.70

FXI

iShares Trust - China Large-Cap ETF

2,634.05

7,752.71

33.98

KWEB

KraneShares CSI China Internet ETF

1,364.16

8,055.45

16.93

VTI

Vanguard Total Stock Market ETF

869.00

436,127.70

0.20

RSP

Invesco S&P 500 Equal Weight ETF

837.09

64,862.68

1.29

LQD

iShares iBoxx USD Investment Grade Corporate Bond ETF

834.60

30,891.87

2.70

YINN

Direxion Daily FTSE China Bull 3X Shares

818.59

2,332.78

35.09

IEMG

iShares Core MSCI Emerging Markets ETF

661.70

85,909.09

0.77

SCHD

Schwab U.S. Dividend Equity ETF

641.79

61,914.14

1.04



Top 10 Redemptions (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

SPY

SPDR S&P 500 ETF Trust

-6,041.17

579,638.53

-1.04

QQQ

Invesco QQQ Trust

-4,041.17

288,470.83

-1.40

HDV

iShares Core High Dividend ETF

-490.67

11,203.95

-4.38

SCHO

Schwab Short-Term U.S. Treasury ETF

-431.05

11,094.85

-3.89

IWF

iShares Russell 1000 Growth ETF

-427.49

97,639.68

-0.44

IJK

iShares S&P Mid-Cap 400 Growth ETF

-383.05

9,285.48

-4.13

IWM

iShares Russell 2000 ETF

-378.64

67,502.92

-0.56

MDY

SPDR S&P MidCap 400 ETF Trust

-367.23

22,745.19

-1.61

USMV

iShares MSCI USA Min Vol Factor ETF

-336.81

24,318.79

-1.38

TQQQ

ProShares UltraPro QQQ

-335.86

23,336.99

-1.44