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Monthly ETF Fund Flows

July ETF Flows: Equities Shine In Turmoil
By Olly Ludwig and Cinthia Murphy | August 01, 2012

Related ETFs: SHY / HYG / EMB / JNK / GLD / SPY / VWO / BOND

 

Investors poured some $16 billion into ETFs in July—three-quarters of it into U.S. equities—making the haul the second-highest monthly total since the $28 billion that flowed into ETFs in January. Last month’s flows, including the market’s rise, lifted total U.S.-listed ETF assets 2.6 percent to $1.209 trillion.

It’s no surprise that the SPDR S&P 500 ETF (NYSEArca: SPY), the world’s biggest exchange-traded fund, was last month’s most popular fund, raking in $2.9 billion and bringing its total assets to almost $108 billion. In sum, U.S. equities hauled in more than $12 billion, and international equities gathered $3.21 billion, according to data compiled by IndexUniverse.

The most conspicuous international fund on our “Top Gainers” list was the Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO), which attracted $1.51 billion in fresh investment. VWO’s sponsor, Vanguard, pulled in $4.29 billion in new assets, slightly less than SPY’s sponsor, State Street Global Advisors. BlackRock's iShares, the world's biggest ETF sponsor, added $3.93 billion.

The large net inflows number is noteworthy considering all the volatility coursing through financial markets last month. The very survival of the eurozone as we know it is an open question. Stocks first sold off sharply—then rose at the end of the month—as Spain took center stage in the crisis. By the end of the month, the Dow Jones industrial average was somehow 1 percent higher, at 13,008.68.

Top Gainers

Ticker Top Gainers July 2012 Issuer July 2012 Flows July 2012AUM ($, M) July 2012Turnover
SPY SPDR S&P 500 SSgA 2,901.32 107,947.56 400,439.41
IWM iShares Russell 2000 BlackRock 1,610.43 16,034.67 76,966.41
VWO Vanguard MSCI Emerging Markets Vanguard 1,512.24 52,491.45 18,232.66
HYG iShares iBoxx $ High Yield Corporate Bond BlackRock 968.40 15,907.93 6,355.80
DIA SPDR Dow Jones Industrial Average Trust SSgA 855.28 11,939.75 13,626.01
OEF iShares S&P 100 BlackRock 822.77 4,502.72 2,084.76
JNK SPDR Barclays Capital High Yield Bond SSgA 619.77 11,525.57 4,042.52
EMB iShares JPMorgan USD Emerging Markets Bond BlackRock 588.17 5,250.19 2,277.86
BOND PIMCO Total Return PIMCO 555.30 2,307.30 1,190.24
IVV iShares S&P 500 BlackRock 539.67 30,782.04 12,497.89

 

Asset Classes

Flows By Asset Class & Total Flows Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 12,567.41 558,813.90 2.25%
International Equity 3,209.07 268,517.74 1.20%
U.S. Fixed Income 216.75 214,668.70 0.10%
International Fixed Income 1,537.86 19,049.23 8.07%
Commodities -1,131.83 107,587.27 -1.05%
Currency 4.22 2,979.43 0.14%
Leveraged -676.85 12,482.22 -5.42%
Inverse 513.59 19,180.95 2.68%
Asset Allocation 80.70 1,998.79 4.04%
Alternatives 280.05 4,094.38 6.84%
Total: 16,600.97 1,209,372.62 1.37%