2020 ETF Inflows Top $350B After Strong Oct.
A rocky showing for global stocks didn't stop investors from adding to their ETF holdings in October. On net, $36.3 billion flowed into U.S.-listed ETFs during the month, pushing year-to-date inflows up to $354.4 billion. That compares to $225.8 billion at the end of last October.
The S&P 500 sagged 2.7% during October as investors weighed rising coronavirus cases and the upcoming presidential election against the potential for a vaccine later this year. Still, U.S. equity ETFs pulled in $5.6 billion of fresh cash during the month, led by the Vanguard Total Stock Market ETF (VTI) and the iShares ESG Aware MSCI USA ETF (ESGU).
International stocks also lagged in October, but they too picked up net inflows, to the tune of $8.6 billion. The Vanguard Total International Stock ETF (VXUS) led that segment, with inflows of $2.6 billion.
Fixed Income ETFs Unfazed
Meanwhile, U.S. fixed income ETFs maintained their position atop the flows charts for 2020. The segment had net inflows of $19 billion during October, with $2 billion heading into the Vanguard Total Bond Market ETF (BND) and $1.6 billion heading into the iShares 20+ Year Treasury Bond ETF (TLT).
Those inflows came in the face of a sell-off in Treasuries. The U.S. 10-year Treasury bond yield hit a four-month high during October, topping 0.87% for the first time since June (bond yields and prices move inversely).
Investors have been consistently adding to their U.S. fixed income ETF holdings throughout the year. The segment now has year-to-date inflows of $160 billion, outpacing the $91 billion that's gone into U.S. equity ETFs.
For a full list of the top inflows and outflows for October and the year as a whole, see the tables below:
Top Gainers (October 2020)
Ticker | Name | Issuer | Net Flows ($,mm) | AUM ($M) | % of AUM | YTD 2020 Net Flows($,M) |
Vanguard | 3,759.84 | 163,635.35 | 2.30% | 21,839.67 | ||
Vanguard | 2,601.48 | 28,260.24 | 9.21% | 11,078.92 | ||
Vanguard | 1,978.41 | 64,108.78 | 3.09% | 13,269.44 | ||
Blackrock | 1,961.49 | 10,478.23 | 18.72% | 8,321.25 | ||
Blackrock | 1,648.08 | 19,795.10 | 8.33% | -561.87 | ||
Blackrock | 1,487.75 | 23,829.24 | 6.24% | 2,282.80 | ||
Vanguard | 1,446.05 | 33,964.45 | 4.26% | 8,735.84 | ||
Blackrock | 1,399.64 | 17,483.12 | 8.01% | 2,332.86 | ||
Vanguard | 1,383.69 | 34,127.37 | 4.05% | 7,814.39 | ||
Blackrock | 1,178.56 | 81,734.87 | 1.44% | 9,290.68 |
Top Gainers (Year-to-Date)
Ticker | Name | Issuer | Net Flows ($,mm) | AUM ($M) | % of AUM | October 2020 Net Flows($,M) |
Vanguard | 23,824.73 | 157,286.99 | 15.15% | 216.27 | ||
Vanguard | 21,839.67 | 163,635.35 | 13.35% | 3,759.84 | ||
State Street Global Advisors | 20,307.24 | 75,623.38 | 26.85% | -628.65 | ||
Blackrock | 17,553.58 | 56,464.24 | 31.09% | 1,150.75 | ||
Invesco | 15,929.60 | 130,921.16 | 12.17% | -105.38 | ||
Vanguard | 13,269.44 | 64,108.78 | 20.70% | 1,978.41 | ||
Vanguard | 12,218.37 | 39,497.68 | 30.93% | 659.67 | ||
Vanguard | 11,078.92 | 28,260.24 | 39.20% | 2,601.48 | ||
Blackrock | 9,586.69 | 31,680.34 | 30.26% | 558.12 | ||
Blackrock | 9,290.68 | 81,734.87 | 11.37% | 1,178.56 |
Biggest Losers (October 2020)
Ticker | Name | Issuer | Net Flows ($,mm) | AUM ($M) | % of AUM | YTD 2020 Net Flows($,M) |
State Street Global Advisors | -7,354.70 | 280,255.43 | -2.62% | -31,510.79 | ||
Blackrock | -1,525.82 | 44,707.61 | -3.41% | -11,770.43 | ||
Blackrock | -1,019.21 | 24,669.07 | -4.13% | 5,749.03 | ||
Blackrock | -997.43 | 4,398.61 | -22.68% | -2,036.59 | ||
JPMorgan Chase | -984.87 | 3,805.34 | -25.88% | 745.41 | ||
Blackrock | -808.39 | 957.94 | -84.39% | -124.72 | ||
Blackrock | -782.84 | 41,594.32 | -1.88% | 217.90 | ||
Blackrock | -694.03 | 32,244.99 | -2.15% | -2,507.81 | ||
State Street Global Advisors | -628.65 | 75,623.38 | -0.83% | 20,307.24 | ||
Blackrock | -603.86 | 10,910.46 | -5.53% | 940.73 |
Biggest Losers (Year-to-Date)
Ticker | Name | Issuer | Net Flows ($,mm) | AUM ($M) | % of AUM | October 2020 Net Flows($,M) |
State Street Global Advisors | -31,510.79 | 280,255.43 | -11.24% | -7,354.70 | ||
Blackrock | -11,770.43 | 44,707.61 | -26.33% | -1,525.82 | ||
Blackrock | -5,762.31 | 55,253.09 | -10.43% | 0.00 | ||
Blackrock | -4,917.12 | 24,522.92 | -20.05% | 60.68 | ||
Blackrock | -4,615.92 | 43,918.24 | -10.51% | -370.93 | ||
Blackrock | -3,963.83 | 5,693.55 | -69.62% | 0.00 | ||
Vanguard | -3,904.40 | 61,628.50 | -6.34% | 6.67 | ||
Blackrock | -3,737.82 | 40,357.41 | -9.26% | 774.08 | ||
Blackrock | -3,231.84 | 10,471.86 | -30.86% | 647.57 | ||
Blackrock | -3,123.14 | 56,717.16 | -5.51% | -190.98 |
Asset Classes (October 2020)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM |
U.S. Equity | 5,566.83 | 2,594,762.65 | 0.21% |
International Equity | 8,562.46 | 859,522.42 | 1.00% |
U.S. Fixed Income | 19,012.62 | 937,931.74 | 2.03% |
International Fixed Income | 3,461.14 | 112,837.15 | 3.07% |
Commodities | -333.53 | 144,862.20 | -0.23% |
Currency | -295.43 | 1,926.84 | -15.33% |
Leveraged | -544.83 | 34,945.15 | -1.56% |
Inverse | 321.92 | 14,585.68 | 2.21% |
Asset Allocation | 290.08 | 11,842.95 | 2.45% |
Alternatives | 306.94 | 5,635.42 | 5.45% |
Total: | 36,348.19 | 4,718,852.21 | 0.77% |
Asset Classes (Year-to-Date)
| Net Flows ($, mm) | AUM ($, mm) | % of AUM |
U.S. Equity | 90,934.04 | 2,594,762.65 | 3.50% |
International Equity | 22,673.41 | 859,522.42 | 2.64% |
U.S. Fixed Income | 159,618.04 | 937,931.74 | 17.02% |
International Fixed Income | 16,938.99 | 112,837.15 | 15.01% |
Commodities | 45,290.27 | 144,862.20 | 31.26% |
Currency | 589.59 | 1,926.84 | 30.60% |
Leveraged | 2,774.05 | 34,945.15 | 7.94% |
Inverse | 13,183.01 | 14,585.68 | 90.38% |
Asset Allocation | 2,341.83 | 11,842.95 | 19.77% |
Alternatives | 76.55 | 5,635.42 | 1.36% |
Total: | 354,419.77 | 4,718,852.21 | 7.51% |
October 2020 ETF Issuer League Table
Issuer | Net Flows ($,M) | AUM ($,M) | % of AUM | YTD 2020 Net Flows($,M) |
Blackrock | 11,241.31 | 1,764,452.82 | 0.64% | 79,785.85 |
Vanguard | 18,880.43 | 1,290,577.51 | 1.46% | 151,011.58 |
State Street Global Advisors | -4,263.17 | 736,618.77 | -0.58% | 20,413.81 |
Invesco | -574.12 | 252,305.37 | -0.23% | 10,514.97 |
Charles Schwab | 1,020.13 | 168,152.60 | 0.61% | 9,246.20 |
First Trust | 945.72 | 95,060.67 | 0.99% | 8,955.98 |
VanEck | 308.91 | 46,466.49 | 0.66% | 1,197.24 |
ProShares | 1,167.10 | 43,510.20 | 2.68% | 16,139.94 |
JPMorgan Chase | 710.81 | 39,461.34 | 1.80% | 10,609.88 |
WisdomTree | 125.51 | 33,109.86 | 0.38% | -1,948.51 |
PIMCO | 594.34 | 24,748.15 | 2.40% | 2,665.21 |
Fidelity | 467.04 | 19,752.67 | 2.36% | 2,868.50 |
Goldman Sachs | 169.65 | 19,307.72 | 0.88% | 1,923.39 |
Deutsche Bank | 967.17 | 18,271.51 | 5.29% | 2,591.03 |
ARK | 2,074.08 | 17,569.27 | 11.81% | 9,440.37 |
Mirae Asset | 689.89 | 15,058.38 | 4.58% | 3,741.98 |
Direxion | -648.97 | 14,286.93 | -4.54% | 5,698.47 |
Northern Trust | 45.13 | 12,810.98 | 0.35% | -1,562.87 |
Franklin Templeton | 65.47 | 7,983.83 | 0.82% | 2,410.28 |
Aberdeen Standard Investments | 8.06 | 5,898.46 | 0.14% | 2,000.12 |
SS&C | 72.22 | 5,715.10 | 1.26% | -1,530.32 |
Pacer Advisors | 103.50 | 5,225.75 | 1.98% | 101.30 |
CICC | 465.01 | 5,177.22 | 8.98% | 1,426.80 |
Exchange Traded Concepts | 138.30 | 4,878.27 | 2.84% | 1,886.41 |
Victory Capital | 85.49 | 4,850.91 | 1.76% | -116.55 |
US Commodity Funds | -455.09 | 4,471.67 | -10.18% | 5,212.25 |
John Hancock | -15.79 | 4,311.77 | -0.37% | -148.87 |
ETFMG | 113.56 | 3,943.83 | 2.88% | 450.20 |
Innovator | 148.56 | 3,764.50 | 3.95% | 1,436.53 |
Janus Henderson | 354.98 | 3,528.57 | 10.06% | 2,050.37 |
Principal | 28.10 | 3,449.27 | 0.81% | 209.55 |
The Hartford | -45.02 | 3,367.90 | -1.34% | -389.45 |
New York Life | 127.70 | 3,364.59 | 3.80% | 111.59 |
American Century Investments | 155.15 | 2,860.14 | 5.42% | 1,615.40 |
Barclays Capital Inc. | 235.85 | 2,675.33 | 8.82% | -1,238.42 |
Amplify Investments | 193.66 | 2,219.58 | 8.72% | 1,136.38 |
Nuveen Securities | 51.52 | 2,064.36 | 2.50% | 1,010.68 |
US Global Investors | 132.16 | 1,840.93 | 7.18% | 1,729.05 |
BMO | 0.00 | 1,457.07 | 0.00% | 550.86 |
GraniteShares | -9.47 | 1,435.40 | -0.66% | 576.05 |
Toroso Investments | 4.50 | 1,234.98 | 0.36% | 702.24 |
Vident | -17.26 | 1,204.20 | -1.43% | -269.59 |
Prudential | 22.71 | 1,191.05 | 1.91% | 309.80 |
O’Shares Investments | 95.44 | 1,148.03 | 8.31% | 322.11 |
Columbia Management Investment Advisers, LLC | 68.10 | 935.46 | 7.28% | 256.25 |
Davis Advisers | -2.93 | 908.72 | -0.32% | 147.77 |
UBS | -59.17 | 887.97 | -6.66% | -2,817.96 |
AdvisorShares | 15.95 | 877.10 | 1.82% | 271.50 |
Aptus Capital Advisors | 78.39 | 867.53 | 9.04% | 389.82 |
Cambria | -16.55 | 795.09 | -2.08% | 228.28 |
Transamerica Funds | 0.00 | 692.20 | 0.00% | -49.43 |
Inspire | 37.74 | 600.98 | 6.28% | 147.59 |
Defiance ETFs | 72.90 | 598.96 | 12.17% | 387.84 |
Main Management | -6.28 | 555.13 | -1.13% | 1.48 |
Virtus Investment Partners | 0.05 | 542.59 | 0.01% | -181.84 |
EMPIRICAL FINANCE LLC | 34.89 | 536.70 | 6.50% | 111.35 |
Credit Suisse Group AG | 13.00 | 481.89 | 2.70% | -1,550.25 |
Nationwide | -3.17 | 443.45 | -0.71% | 65.67 |
The Motley Fool | 4.95 | 434.69 | 1.14% | 85.07 |
Merk | 13.87 | 414.11 | 3.35% | 175.36 |
BNY Mellon | 18.29 | 364.67 | 5.02% | 125.77 |
Al Marketing LLC | -7.03 | 363.98 | -1.93% | -41.20 |
Sprott, Inc. | 2.37 | 363.43 | 0.65% | 48.25 |
Renaissance Capital | 92.15 | 352.74 | 26.12% | 270.40 |
Timothy Plan | -2.95 | 327.62 | -0.90% | 86.67 |
WBI | -5.31 | 319.35 | -1.66% | -112.28 |
Teucrium | -46.01 | 318.59 | -14.44% | 135.86 |
Tortoise | 6.10 | 302.51 | 2.02% | -49.77 |
Liquid Strategies | 6.88 | 265.79 | 2.59% | 150.60 |
ClearShares | 29.95 | 259.07 | 11.56% | 57.78 |
Regents Park Funds | -10.25 | 227.36 | -4.51% | 130.68 |
Howard Capital Management | 5.02 | 227.02 | 2.21% | 90.15 |
AGF | -13.78 | 225.98 | -6.10% | 94.86 |
Reality Shares | 10.00 | 212.65 | 4.70% | 87.02 |
Swedish Export Credit | -0.66 | 195.98 | -0.34% | -32.04 |
Citigroup Inc | 0.28 | 189.07 | 0.15% | 2.64 |
TrimTabs | -5.36 | 184.12 | -2.91% | 46.33 |
Distillate Capital | 3.56 | 177.65 | 2.01% | 111.33 |
EntrepreneurShares, LLC | -2.96 | 175.19 | -1.69% | 24.49 |
Roundhill Investments | 7.16 | 175.11 | 4.09% | 138.33 |
Redwood Investment Management | 0.51 | 152.57 | 0.34% | 45.89 |
Intangible Capital | -0.01 | 152.57 | -0.01% | 1.33 |
Tuttle Tactical Management, LLC | -3.39 | 123.14 | -2.75% | 104.92 |
Core Alternative Capital | -2.63 | 119.82 | -2.20% | 11.79 |
Donald L. Hagan LLC | 1.32 | 113.52 | 1.16% | 106.09 |
Arrow Funds | -2.80 | 103.02 | -2.72% | -9.85 |
Strategy Shares | 13.58 | 101.36 | 13.39% | 73.99 |
OBP Capital LLC | 5.63 | 94.90 | 5.93% | 33.47 |
T. Rowe Price Group, Inc. | 8.02 | 87.11 | 9.21% | 27.34 |
Gadsden | 2.20 | 83.81 | 2.62% | 28.29 |
Exponential ETFs | -1.49 | 71.22 | -2.10% | 0.35 |
Cboe Vest Financial LLC | 4.38 | 66.50 | 6.59% | 18.62 |
Natixis | -4.07 | 60.65 | -6.70% | -1.40 |
iM Global Partner | -1.30 | 59.97 | -2.18% | 27.27 |
Pacific Life | 0.00 | 55.22 | 0.00% | 0.00 |
Highland Capital Management | -10.99 | 50.10 | -21.93% | -215.22 |
Toews Corp. | 0.00 | 49.66 | 0.00% | 44.10 |
TrueMark Investments | 2.65 | 49.05 | 5.41% | 46.17 |
Wahed Invest LLC | 0.00 | 48.50 | 0.00% | 22.31 |
Premise Capital | -2.74 | 48.49 | -5.66% | 11.15 |
Syntax Advisors | 0.00 | 47.17 | 0.00% | -31.26 |
Metaurus Advisors | 0.00 | 46.86 | 0.00% | 0.01 |
CornerCap Investment Counsel, Inc. | 13.57 | 38.50 | 35.24% | 40.19 |
Pettee Investors | 1.55 | 34.72 | 4.46% | 24.59 |
Advisors Asset Management | 1.15 | 34.58 | 3.34% | -3.07 |
Absolute Investment Advisers LLC | 1.19 | 31.43 | 3.79% | 31.16 |
ProcureAM | 0.00 | 28.58 | 0.00% | 19.21 |
Beyond Investing | 3.08 | 27.98 | 11.01% | 14.87 |
Belpointe Asset Management, LLC | -0.59 | 27.31 | -2.14% | -21.27 |
Little Harbor Advisors | 0.00 | 24.90 | 0.00% | 25.92 |
Impact Shares | 2.65 | 23.67 | 11.19% | 10.30 |
Change Finance | 1.30 | 22.69 | 5.72% | 7.94 |
ETF Series Solutions | 0.56 | 21.41 | 2.61% | 8.14 |
AlphaMark Advisors | 0.00 | 19.40 | 0.00% | 0.00 |
UP Fintech Holding | 0.00 | 16.83 | 0.00% | 3.01 |
Neil Azous Revocable Trust | -7.52 | 12.33 | -60.99% | -7.52 |
Esoterica | 0.02 | 12.08 | 0.16% | 4.18 |
Counterpoint Mutual Funds LLC | 0.00 | 12.06 | 0.00% | 12.90 |
The Leuthold Group LLC | 0.68 | 11.86 | 5.73% | 11.43 |
Alternative Access Funds LLC | 2.48 | 9.95 | 24.96% | 9.98 |
Truist | 2.45 | 9.86 | 24.89% | 9.08 |
Point Bridge Capital | 0.00 | 8.14 | 0.00% | -4.78 |
Sage | 0.00 | 7.85 | 0.00% | -10.50 |
Global Beta Advisors | 0.00 | 6.52 | 0.00% | -0.30 |
Water Island Capital Partners LP | 0.00 | 6.52 | -0.03% | 3.75 |
EquBot | 0.00 | 5.26 | 0.00% | 1.56 |
Guinness Atkinson Asset Management | 0.85 | 4.03 | 21.14% | 1.04 |
SRN Advisors | 0.00 | 2.62 | 0.00% | 2.50 |
Whitford Asset Management | -3.55 | 2.51 | -141.66% | -1.07 |
Simplify Asset Management Inc. | 0.00 | 2.45 | 0.00% | 0.00 |
Grace Partners of Dupage LP | 0.00 | 2.05 | 0.00% | -1.03 |
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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