VGSH Topped December Flows as Rates Stay High
With an improving stock market driving record inflows in the second half of 2023, assets in ETFs ballooned to nearly $8 trillion by the end of the year.
The $22 billion Vanguard Short-Term Treasury Index Fund (VGSH) came in first for inflows in December, accumulating $1.3 billion and rising 6.41% on the heels of the Federal Reserve declining to raise interest rates in November. In fact, fixed income reigned in terms of inflows in December. The month saw $24.1 billion into fixed income funds, bringing the 2023 total inflows to $210 billion, the second highest ever for bond ETFs in one year, according to State Street’s industry data.
The iShares Russel 2000 (IWM), which offers investors exposure to market weighted small cap stocks, saw $1.3 billion in inflows over December as the fund’s assets under management rose only 2% over the month.
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
1,429.35 | 22,293.81 | 6.41% | ||
1,320.33 | 67,849.72 | 1.95% | ||
1,195.68 | 399,874.52 | 0.30% | ||
995.75 | 347,957.33 | 0.29% | ||
657.02 | 230,067.86 | 0.29% | ||
543.71 | 15,179.70 | 3.58% | ||
531.66 | 51,626.56 | 1.03% | ||
453.73 | 54,480.44 | 0.83% | ||
360.82 | 104,802.62 | 0.34% | ||
335.51 | 21,458.97 | 1.56% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
-1,660.42 | 493,539.33 | -0.34% | ||
-382.12 | 3,270.86 | -11.68% | ||
-286.28 | 5,070.06 | -5.65% | ||
-275.37 | 1,808.93 | -15.22% | ||
-273.53 | 15,335.70 | -1.78% | ||
-262.38 | 32,457.18 | -0.81% | ||
-260.43 | 1,866.76 | -13.95% | ||
-249.20 | 32,376.76 | -0.77% | ||
-200.16 | 1,261.25 | -15.87% | ||
-191.76 | 33,354.20 | -0.57% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM |
Alternatives | -62.59 | 6,587.45 | -0.95% |
Asset Allocation | 41.41 | 16,851.83 | 0.25% |
Commodities | -66.50 | 131,706.55 | -0.05% |
Currency | 23.27 | 3,553.13 | 0.65% |
International Equity | 1,218.60 | 1,375,048.21 | 0.09% |
International Fixed Income | 886.37 | 169,651.87 | 0.52% |
Inverse | -1,637.67 | 13,973.85 | -11.72% |
Leveraged | 1,516.09 | 85,397.06 | 1.78% |
U.S. Equity | 5,660.76 | 4,984,400.13 | 0.11% |
U.S. Fixed Income | 4,838.76 | 1,357,733.27 | 0.36% |
Total: | 12,418.51 | 8,144,903.35 | 0.15% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM |
Alternatives | -107.48 | 6,587.45 | -1.63% |
Asset Allocation | -1,763.15 | 16,851.83 | -10.46% |
Commodities | -9,108.59 | 131,706.55 | -6.92% |
Currency | -834.00 | 3,553.13 | -23.47% |
International Equity | 82,240.90 | 1,375,048.21 | 5.98% |
International Fixed Income | 30,109.89 | 169,651.87 | 17.75% |
Inverse | 3,094.98 | 13,973.85 | 22.15% |
Leveraged | 2,576.04 | 85,397.06 | 3.02% |
U.S. Equity | 306,651.12 | 4,984,400.13 | 6.15% |
U.S. Fixed Income | 175,383.58 | 1,357,733.27 | 12.92% |
Total: | 588,243.29 | 8,144,903.35 | 7.22% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume | 1 Week Average | % of Average |
1,119,320.00 | 2,004.48%% | |||
1,186,112.00 | 1,802.61%% | |||
57,334.00 | 1,670.78%% | |||
596,180.00 | 1,077.61%% | |||
192,368.00 | 1,065.03%% | |||
800,232.00 | 1,023.52%% | |||
640,307.00 | 1,000.39%% | |||
158,760.00 | 978.69%% | |||
585,282.00 | 906.06%% | |||
700,089.00 | 882.78%% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
7.18% | 589,670 | 61.11% | ||
4.61% | 11,345 | 7.12% | ||
4.39% | 69,208 | 17.22% | ||
4.36% | 34,018 | 66.91% | ||
4.28% | 131,891 | 17.73% | ||
3.84% | 41,306,751 | 973.83% | ||
3.80% | 6,280 | 4.38% | ||
3.30% | 244,857 | 280.23% | ||
3.16% | 6,570 | 11.18% | ||
3.11% | 160,597 | 21.66% |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
304.07% | -5.75% | 73.31% | ||
285.02% | -4.84% | 95.13% | ||
266.36% | -4.48% | 8.44% | ||
246.77% | -4.06% | 143.36% | ||
214.01% | -15.19% | 25.38% | ||
201.57% | -4.64% | 19.02% | ||
First Trust SkyBridge Crypto Industry and Digital Economy ETF | 193.86% | -4.31% | 35.81% | |
166.00% | -3.59% | 80.84% | ||
137.33% | -2.30% | 1,700.13% | ||
136.23% | -7.39% | 7.19% |
Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.