Weekly Asset Class Fund Flows
Investors often reallocate money between asset classes, whether to manage risk or simply rebalance. This is our weekly snapshot of where ETF investors are putting their money.
The election week, equities and bonds took a dive while alternatives reigned supreme with $29 million in new assets. The majority of those flows come from just two funds, the AGFiQ US Market Neutral Anti-Beta Fund (BTAL ) and the IQ Merger Arbitrage ETF (MNA ), with $13.8 million and $12 million inflows this past week respectively.
On the flip side, equities saw investors pull over $4.8 million. Notable losers were the Invesco QQQ (QQQ ) at almost $2.7 billion outflows and the ETF titan (SPY ) at over $1.2 billion in losses. Bonds faired slightly better, but it was a hard week with two of iShare’s largest bond funds taking the brunt of the hit. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD ) and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG ) both saw investors pull out over $1.5 billion.
| Asset Class | AUM ($, mm) | Net Flows ($, mm) |
|---|---|---|
| Alternatives | $2,810.40 | $29.15 |
| Currency | $2,039.74 | $20.53 |
| Multi-Asset | $19,318.52 | -$42.33 |
| Preferred Stock | $34,492.06 | -$83.92 |
| Real Estate | $58,209.44 | -$173.53 |
| Volatility | $4,243.26 | -$318.65 |
| Commodity | $147,710.83 | -$580.64 |
| Bond | $1,009,808.92 | -$2,581.36 |
| Equity | $3,469,410.07 | -$4,847.88 |
