Unlock stock picks and a broker-level newsfeed that powers Wall Street.
Gold, Tech See Demand as IVV Bleeds Billions
ETF Investing Tools
ETF Investing Tools

In This Article:

The ETF market saw notable flows activity on Friday, March 14. Investors continued to adjust their positions amid ongoing market volatility, favoring certain asset classes while pulling funds from others. On net, $2.1 billion came out of U.S.-listed ETFs.

On the inflows side, Vanguard S&P 500 ETF (VOO) led the way with $3.8 billion.

The SPDR Gold Shares (GLD) brought in $674 million, as gold remained a favored safe haven asset amid economic uncertainty. 

Meanwhile, traders looking to capitalize on the tech pullback funneled $309 million into ProShares UltraPro QQQ (TQQQ). Ultra-short-term Treasury ETFs also saw demand, with the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) absorbing $316 million in assets.

On the outflow side, iShares Core S&P 500 ETF (IVV) experienced the largest withdrawals, shedding $4.8 billion, likely due to tax-related trades. Invesco QQQ Trust (QQQ) saw $2 billion in outflows, signaling some profit-taking or shifting sentiment in the tech-heavy Nasdaq. 

Some U.S. Treasury ETFs also saw sizable redemptions, including the iShares U.S. Treasury Bond ETF (GOVT), which lost $926 million and the Schwab Short-Term U.S. Treasury ETF (SCHO), which lost $730 million.

For a full breakdown of the flows for Friday, March 14, see the tables below:

Top 10 Creations (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

VOO

Vanguard S&P 500 ETF

3,750.32

594,750.68

0.63%

VUG

Vanguard Growth ETF

735.79

145,030.94

0.51%

GLD

SPDR Gold Shares

674.45

85,142.25

0.79%

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

364.66

50,522.02

0.72%

VONG

Vanguard Russell 1000 Growth ETF

359.90

24,345.85

1.48%

IWM

iShares Russell 2000 ETF

321.94

64,177.70

0.50%

BIL

SPDR Bloomberg 1-3 Month T-Bill ETF

315.81

41,374.64

0.76%

TQQQ

ProShares UltraPro QQQ

309.14

20,623.50

1.50%

USMV

iShares MSCI USA Min Vol Factor ETF

264.45

23,800.62

1.11%

USHY

iShares Broad USD High Yield Corporate Bond ETF

263.51

19,862.79

1.33%

Top 10 Redemptions (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

IVV

iShares Core S&P 500 ETF

-4,774.59

556,379.87

-0.86%

QQQ

Invesco QQQ Trust Series I

-2,028.21

301,058.02

-0.67%

GOVT

iShares U.S. Treasury Bond ETF

-925.91

29,042.98

-3.19%

SPYG

SPDR Portfolio S&P 500 Growth ETF

-812.09

30,994.04

-2.62%

SCHO

Schwab Short-Term US Treasury ETF

-730.23

11,043.15

-6.61%

LQD

iShares iBoxx $ Investment Grade Corporate Bond ETF

-603.21

30,322.28

-1.99%

SCHA

Schwab U.S. Small-Cap ETF

-543.29

15,986.35

-3.40%

SPY

SPDR S&P 500 ETF Trust

-503.18

600,614.41

-0.08%

VGIT

Vanguard Intermediate-Term Treasury ETF

-377.02

31,479.01

-1.20%

RSP

Invesco S&P 500 Equal Weight ETF

-347.37

71,161.17

-0.49%

ETF Daily Flows By Asset Class

 

Net Flows ($, mm)

AUM ($, mm)

% of AUM

Alternatives

17.33

9,442.26

0.18%

Asset Allocation

20.60

22,806.22

0.09%

Commodities ETFs

969.96

187,918.24

0.52%

Currency

6.66

100,717.22

0.01%

International Equity

583.35

1,621,301.20

0.04%

International Fixed Income

-132.25

278,290.00

-0.05%

Inverse

65.71

13,545.42

0.49%

Leveraged

739.84

98,660.32

0.75%

US Equity

-2,841.46

6,309,096.23

-0.05%

US Fixed Income

-1,575.04

1,623,747.97

-0.10%

Total:

-2,145.31

10,265,525.08

-0.02%

Disclaimer: All data as of 6 a.m. ET the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.