Large-cap ETFs have recorded outflows of $9.4 billion for the period ending Feb. 2, according to the latest fund flow report from Refinitiv Lipper. The figure marks the largest outflows since February of last year.
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF | 450.94 | +3.68 | +0.82% |
| IWM | ISHARES TRUST RUSSELL 2000 ETF | 202.76 | +3.40 | +1.71% |
The SPDR S&P 500 ETF and iShares Russell 2000 ETF led the week’s outflows, with investors redeeming $15.8 billion and $1.1 billion, respectively.
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| IJR | S&P SMCP 600 IDX | 106.93 | +1.85 | +1.76% |
| XLK | TECHNOLOGY SELECT SECTOR SPDR ETF | 160.50 | +1.96 | +1.24% |
| IVV | ISHARES TRUST CORE S&P 500 ETF | 452.82 | +3.57 | +0.79% |
Meanwhile, small-cap ETFs, sector technology ETFs and value-aggressive ETFs posted outflows of $1.5 billion, $995 million, and $905 million, respectively.
Despite suffering a third straight week of outflows greater than $8 billion, large-cap ETFs saw a weekly gain of 4.87%, the largest since April 2020.
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Exchanged-traded equity funds recorded $10 billion in outflows for the week, despite a weekly gain of 4.33%, the largest since November 2020.
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| CAD | n / A | n / A | n / A | n / A |
| QQQ | INVESCO QQQ NASDAQ 100 | 359.12 | +3.99 | +1.12% |
Equity ETFs with the largest inflows for the week included the iShares: Core S&P 500 and Invesco QQQ Trust 1, which took in $2.8 billion and $2.6 billion, respectively.
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Fixed-income ETFs suffered net outflows of $1.1 billion, led by the iShares TIPS Bond ETF and iShares: 7-10 Treasury Bond ETF’s outflows of $1.6 billion and $1 billion, respectively.
| ticker | Security | load | Change | change % |
|---|---|---|---|---|
| TIP | ISHARES BARCLAYS TIPS BOND FUND | 123.70 | -0.16 | -0.13% |
| IEF | ISHARES TRUST 7-10 YEAR TREASURY BD ETF | 110.87 | -0.36 | -0.32% |
| IUSB | ISHARES TRUST CORE TOTAL USD BOND MKT ETF | 51.17 | -0.12 | -0.23% |
| BIL | SPDR SERIES TRUST BLOMBRG BARCLYS 1-3T BILLS | 91.42 | +0.01 | +0.01% |
The largest inflows came from the iShares: Core Total USD Bond Market ETF and SPDR Bloomberg 1- Month T-Bill ETF, which brought in $1.7 billion and $1.4 billion, respectively.
Overall, investors withdrew a net total of $34.6 billion from conventional funds and ETFs. The largest outflows came from money market funds, which lost $21.4 billion. Meanwhile, equity funds posted outflows of $5.2 billion, taxable bond funds saw outflows of $5.1 billion and tax-exempt bond funds suffered outflows of $2.9 billion.
