ETFLogic Weekly Update 5/17

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Equity ETF returns were led by Principal Sustainable Momentum Index, PMOM.

With the Indian general elections coming to a close last week, India-related ETFs saw a big boost as analysts predict a Modi win.

Semiconductors took the biggest hit last week with continued global trade tensions, followed by Chinese equities.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Fixed income ETF returns were led by PIMCO 25+ Year Zero Coupon US Treasury Index ZROZ.

Emerging Markets fixed income ETFs had mixed performance last week, with EMB, PCY, EMIH making top 10 best and LEMB, EMLC, FEMB making top 10 worst returns.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

Largest inflows were seen into the big names, as well as the health care sector.

The iShares PHLX Semiconductor SOXX also saw a large inflow last week as it’s price steeply dropped.

Equity outflows were led by iShares MSCI Emerging Markets EEM.

The consumer discretionary, utilities, industrial, consumer staples, financial and communication select sector funds all saw major outflows for last week as well.

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Fixed income ETF inflows for last week were led by the iShares Short Treasury bond SHV.

Outflows were led by iShares iBoxx USD Investment Grade Corporate Bond LQD

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name    Ticker  % diff
JPMorgan Diversified Return Global Equity ETFJPGE258%
iShares India 50 ETFINDY231%
iShares Agency Bond ETFAGZ220%
iShares Global Materials ETFMXI204%
iShares Global 100 ETFIOO204%
IQ Chaikin U.S. Large Cap ETFCLRG147%
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETFGSLC138%
SPDR Bloomberg Barclays TIPS ETFIPE114%
iShares Global Tech ETFIXN93%
iShares Broad USD Investment Grade Corporate Bond ETFUSIG90%

New  Launches, Filings, Closings and Changes 

New Launches:

  • Acquirers Funds launched its first ETF, sub-advised by Exponential ETFs, which provides access to a 130/30 long/short equity strategy, the Acquirers Fund ZIG, 94bps
  • Quadratic Capital launched its first ETF, the Quadratic Interest Rate Volatility and Inflation Hedge ETF IVOL, 99bps 
  • VanEck launched a new ETF of ETFs comprised of 5 other VanEck muni funds, the VanEck Vectors Municipal Allocation ETF MAAX, 65bps

New Filings

  • Granite Shares filed for two ETFs
    • The GraniteShares Battery and Miners ETF, POWR
    • The GraniteShares Junior Tech Mega Trends ETF, MEGA

Closings

Expense Ratio Changes

  • Columbia Multi-Sector Municipal Income ETF MUST, 28→23 bps
  • Columbia EM Core ex-China ETF XCEM, 35→16 bps
  • iShares JP Morgan USD Emerging Markets Bond ETF EMB 40→39 bps