In this week’s edition of the ETF Issuer League, WisdomTree, Dimensional, Simplify, and Capital Group stood out the most. In each of their respective tiers, those firms saw stand-out inflows or surpassed or neared new milestones. BlackRock’s iShares ETFs series did take in nearly $10 billion for the week, bearing mention for beating its mega-cap rivals. The iShares Russell 2000 ETF (IWM ) led the way for the firm with $3.4 billion for the week.
WisdomTree led outside of the usual, mega-cap names, however, with its $692 million weekly flows leading its tier. As ever, the firm’s WisdomTree Floating Rate Treasury Fund (USFR ) led the way, adding $505 million over the last week. That adds to a $3.2 billion YTD inflow total, suggesting continued investor interest in the ETF’s floating rate notes (FRNs). No other WisdomTree strategy added more than $100 million for the week outside of USFR.
See more: As Fed Rate Pause Previews Hikes, Eye USFR
Dimensional sits at nearly $90 billion in total ETF AUM compared to $56 billion for WisdomTree, one tier above. Dimensional added almost $1 billion in total weekly inflows, intriguingly without any one strategy adding more than $150 million. The Dimensional U.S. Core Equity 2 ETF (DFAC ) added $137 million in that time.
Capital Group stands out, meanwhile, for how close it is to $10 billion in ETF AUM. The shop added nearly $200 million for the week, with the Capital Group Growth ETF (CGGR ) leading at $42 million in that time. Those flows come as the firm has ridden a pretty solid first year in the ETF business.
Finally, one of the smaller ETF issuer firms, Simplify, bears mentioning. Simplify added more weekly inflows than any sub-$10 billion AUM firm except Capital Group. The Simplify Short Term Treasury Futures Strategy ETF (TUA ) contributed almost all the flows, with $153 million arriving over the week.
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