Billions of dollars more from investors bid adieu to the beleaguered Trump trade

by Dramelin 7:30 AM 0 comments

In contrast, U.
equity ETFs had outflows for a second-straight week to the tune of $2 billion.
The S&P 500 tested its all-time high near 2,400 a few times during the period, but ultimately ended the period modestly lower.
Meanwhile, the U.
10-year bond yield fluctuated between 2.
4 percent during the week before last trading around 2.
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com:The most interesting new trading ideas of the yearHow to survive an ETF failureIf you want smart beta for better return, try measuring it Out of the ETFs with the top 10 creations this week, eight of them were international equity funds.
The only U.
-focused names on the list were the iShares Core S&P 500 ETF (IVV), with inflows of $313 million; and the Consumer Discretionary Select Sector SPDR Fund (XLY), with inflows of $304 million.
Outside of that, investors were focused on broad international developed-market ETFs, Europe ETFs and emerging market ETFs.
The broad international funds on the list included the iShares MSCI EAFE ETF (EFA), with inflows of $1.
3 billion; the iShares Core MSCI EAFE ETF (IEMG), with inflows of $483 million; and the Vanguard FTSE Developed Markets ETF (VEA), with inflows of $409 million.
The Europe funds that were in favor were the iShares MSCI Eurozone ETF (EZU), with creations of $837 million; and the Vanguard FTSE Europe ETF (VGK), with creations of $275 million.
Rounding out the top 10 was a pair of emerging market funds ― the iShares Core MSCI Emerging Markets ETF and the Vanguard FTSE Emerging Markets ETF (VWO)―with inflows of $737 and $275 million, respectively.
In contrast to the inflows list, the outflows list was chock-full of U.
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) was the biggest loser, with redemptions of $1.
The rival SPDR Bloomberg Barclays High Yield Bond ETF (JNK) also fell out of favor, with outflows of $295 million.
Most of the other names on the list were broad U.
equity funds, such as the iShares Russell 2000 ETF (IWM) and the iShares Russell 1000 Value ETF (IWD)―and sector funds such as the iShares U.
Real Estate ETF (IYR) and the Consumer Staples Select Sector SPDR Fund (XLP).
For a full list of this week`s top inflows and outflows, see the tables below: Top 10 Creations (All ETFs) Top 10 Redemptions (All ETFs) ETF Weekly Flows By Asset Class Top 10 Volume Surprises, Funds >$50 mm AUM Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded Bottom 10 YTD Performers Disclaimer: All data as of 6 a.
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.
—By Sumit Roy, ETF.