U.S. Equities Remain King but Diversification Plays Grow

U.S. Equities Remain King but Diversification Plays Grow


U.S. Equities Remain King but Diversification Plays Grow
etf.com

While the Invesco QQQ Trust Series I (QQQ) remained the top ETF picked up by investors on April 28, international equity ETFs benefitted from renewed interest as portfolio diversification plays gained momentum. The iShares MSCI World ETF (URTH) and the iShares Core MSCI EAFE ETF (IEFA) were top choices as international equity ETFs added $960 million in net flows. That said, U.S. equities still dominated with nearly $5.8 billion in flows. And as interest rates held steady, investors moved $1.7 billion into U.S. fixed income ETFs.

On the redemptions side, outflows continued in gold and investors extended their retreat from the ARK Innovation ETF (ARKK). Small-caps also remain a hard sell for investors looking to increase mega-cap tech and large-cap growth exposures as market momentum continues.

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

QQQ

Invesco QQQ Trust Series I

3,207.40

436,007.62

0.74%

VOO

Vanguard S&P 500 ETF

1,825.29

917,126.09

0.20%

URTH

iShares MSCI World ETF

813.68

9,066.70

8.97%

IEFA

iShares Core MSCI EAFE ETF

467.11

176,454.50

0.26%

IVV

iShares Core S&P 500 ETF

321.54

789,354.16

0.04%

TLT

iShares 20+ Year Treasury Bond ETF

316.90

42,935.45

0.74%

VTI

Vanguard Total Stock Market ETF

303.92

616,697.11

0.05%

SCHF

Schwab International Equity ETF

302.88

62,194.02

0.49%

QQQM

Invesco NASDAQ 100 ETF

291.34

82,116.02

0.35%

CGDV

Capital Group Dividend Value ETF

184.70

32,695.08

0.56%

Top 10 Redemptions (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

GLD

SPDR Gold Shares

-498.34

150,539.36

-0.33%

ARKK

ARK Innovation ETF

-459.71

6,296.14

-7.30%

VGK

Vanguard FTSE Europe ETF

-400.74

29,248.91

-1.37%

IWM

iShares Russell 2000 ETF

-353.75

75,212.68

-0.47%

SOXX

iShares Semiconductor ETF

-337.57

28,828.47

-1.17%

JAVA

JPMorgan Active Value ETF

-270.72

6,346.88

-4.27%

FDN

First Trust Dow Jones Internet Index Fund

-249.12

4,982.39

-5.00%

HYG

iShares iBoxx $ High Yield Corporate Bond ETF

-200.18

16,919.11

-1.18%

AVUV

Avantis U.S. Small Cap Value ETF

-185.01

25,835.65

-0.72%

TCAF

T. Rowe Price Capital Appreciation Equity ETF

-182.14

6,872.49

-2.65%

ETF Daily Flows By Asset Class

 

Net Flows ($, mm)

AUM ($, mm)

% of AUM

Alternatives

333.03

127,105.67

0.26%

Asset Allocation

0.98

38,868.50

0.00%

Commodities E T Fs

-503.79

354,722.33

-0.14%

Currency

-109.39

122,540.62

-0.09%

International Equity

960.70

2,644,668.13

0.04%

International Fixed Income

191.92

410,144.51

0.05%

Inverse

0.16

15,893.79

0.00%

Leveraged

313.89

159,193.14

0.20%

Us Equity

5,786.85

8,820,131.24

0.07%

Us Fixed Income

1,669.02

2,050,406.11

0.08%

Total:

8,643.36

14,743,674.04

0.06%

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.


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