Weekly Update 7/19
We’ve put together an overview of all the biggest ETF moves so far this year!
The first half of 2019 has proven to be an exciting year for the markets. The geopolitical shifts we’ve observed have created new opportunities and challenges for asset managers. Exchange Traded Funds have capitalized on these market moves by continuing to provide investors with new ways to express their investment theses and navigate the turbulent waters.
With the many market shifts we’ve seen throughout the year, we’ve decided to create a halftime report in order to highlight some of the biggest ETF moves and trends that have been observed so far this year.
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One Week ETF Trends
US Listed ETFs – Equity – 1 Week Best & Worst Returns
Precious metals were the clear winners last week, with the ETFMG Prime Junior Silver ETF SILJ boosting over 15%.
Natural gas and oil services ETFs declined for the week. Mexico focused ETF EWW took a hit as the July 22nd deadline for a US & Mexico migration deal loomed.
US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns
A number of International and US Treasury ETFs were among the top performers last week, with DFVL and FEMB taking the top spots in fixed income.
The VelocityShares Long LIBOR ETN ULBR fell from recent highs, dropping -3.86% by the end of the week.
US Listed ETFs – Equity – Top Inflows & Outflows
IVV saw almost a billion in inflows last week, while SPY saw $1.5B in outflows.
US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows
High Yield corporate bond, HYG, led fixed income inflows last week with $563M pouring into the fund.
Short-term treasury ETFs saw large outflows last week, with over $500M leaving SHY.
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 |
| Franklin Liberty Investment Grade Corporate ETF | FLCO | 397% |
| Credit Suisse FI Enhanced Europe 50 ETN – May 11 – 2028 | FEUL | 393% |
| VictoryShares U.S. Multi-Factor Minimum Volatility ETF | VSMV | 391% |
| VictoryShares Dividend Accelerator ETF | VSDA | 382% |
| VictoryShares International Volatility Wtd ETF | CIL | 382% |
| VictoryShares International High Div Volatility Wtd Index ETF | CID | 372% |
| SPDR NYSE Technology ETF | XNTK | 327% |
| SPDR Dow Jones Global Real Estate ETF | RWO | 306% |
| Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | GSLC | 285% |
| Invesco Optimum Yield Div. Commodity Strategy No K-1 ETF | PDBC | 283% |
New Launches, Filings, Closings and Changes
New Launches:
- FlexShares US Quality Low Volatility Index Fund QLV, 22bps
- FlexShares Developed Markets ex-US Quality Low Volatility Index Fund QLVC, 32bps
- FlexShares Emerging Markets Quality Low Volatility Index Fund QLVE, 40bps
- WBI BullBear Trend Switch U.S. Total Return ETF WBIN, 77bps
- Amplify Seymour Cannabis ETF CNBS, 75bps
New Filings:
- Leuthold Core ETF
- Schwab Short-Term Corporate Bond ETF
- Schwab Intermediate-Term Corporate Bond ETF
- Schwab Long-Term U.S. Treasury ETF
Expense Ratio Changes:
- iShares S&P Mid-Cap 400 Growth ETF IJK, 25→24bps