US stocks remain king, but bets on diversification grow

US stocks remain king, but bets on diversification grow
US stocks remain king, but bets on diversification grow

etf.com

While the Invesco QQQ Trust Series I (QQQ) remained the top ETF of choice for investors on April 28, international equity ETFs benefited from renewed interest as portfolio diversification activities gained momentum. He iShares MSCI World ETF (URTH) and the iShares Core MSCI EAFE ETF (IEFA) were the best picks, as international equity ETFs added $960 million in net flows. That said, US stocks continued to dominate with nearly $5.8 billion in flows. And as interest rates remained stable, investors moved $1.7 billion into U.S. fixed-income ETFs.

On the redemption side, capital outflows in gold continued and investors expanded their withdrawal from the market. ARK Innovation ETF (ARKK). Small caps also remain a tough sell for investors looking to gain exposure to the growth of large-cap and large technology companies as market momentum continues.

Heart

Name

Net Flows ($, mm)

AUM ($, mm)

% change in assets under management

QQQ

Invesco QQQ Trust Series I

3,207.40

436,007.62

0.74%

VOO

Vanguard S&P 500 ETF

1,825.29

917,126.09

0.20%

URTH

iShares MSCI World ETF

813.68

9,066.70

8.97%

IEFA

iShares Core MSCI EAFE ETF

467.11

176,454.50

0.26%

IVV

iShares Core S&P 500 ETF

321.54

789,354.16

0.04%

TLT

iShares 20+ Year Treasury Bond ETF

316.90

42,935.45

0.74%

MOT

Vanguard Total Stock Market ETF

303.92

616,697.11

0.05%

CHF

Schwab International Stock ETF

302.88

62,194.02

0.49%

QQQM

Invesco NASDAQ 100 ETF

291.34

82,116.02

0.35%

CGDV

Capital Group Dividend Value ETF

184.70

32,695.08

0.56%

Top 10 Redemptions (All ETFs)

Heart

Name

Net Flows ($, mm)

AUM ($, mm)

% change in assets under management

GLD

SPDR Gold Stock

-498.34

150,539.36

-0.33%

ARKK

ARK Innovation ETF

-459.71

6,296.14

-7.30%

VGK

Vanguard FTSE Europe ETF

-400.74

29,248.91

-1.37%

IWM

iShares Russell 2000 ETF

-353.75

75,212.68

-0.47%

SOXX

iShares Semiconductor ETF

-337.57

28,828.47

-1.17%

JAVA

JPMorgan Active Value ETF

-270.72

6,346.88

-4.27%

FDN

First Trust Dow Jones Internet Index Fund

-249.12

4,982.39

-5.00%

HIG

iShares iBoxx $High Yield Corporate Bond ETF

-200.18

16,919.11

-1.18%

AVUV

Avantis US Small Cap Value ETF

-185.01

25,835.65

-0.72%

TCAF

T. Rowe Price Capital Appreciation Stock ETF

-182.14

6,872.49

-2.65%

Daily ETF flows by asset class

Net Flows ($, mm)

AUM ($, mm)

% of assets managed

Alternatives

333.03

127,105.67

0.26%

Asset Allocation

0.98

38,868.50

0.00%

ET F raw materials

-503.79

354,722.33

-0.14%

Badge

-109.39

122,540.62

-0.09%

International equities

960.70

2,644,668.13

0.04%

International Fixed Income

191.92

410,144.51

0.05%

Reverse

0.16

15,893.79

0.00%

leveraged

313.89

159,193.14

0.20%

American Equity

5,786.85

8,820,131.24

0.07%

US Fixed Income

1,669.02

2,050,406.11

0.08%

Total:

8,643.36

14,743,674.04

0.06%

Disclaimer: All data as of 6 a.m. ET on article publication date. The data is believed to be accurate; However, transitory market data is often subject to subsequent revisions and corrections by exchanges.

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