the Vanguard S&P 500 ETF (VOO) It topped all equity ETF flows with $4.7 billion for the week of January 20, while the world’s largest ETF, SPDR S&P 500 ETF Trust (SPY), It bottomed out with $7.3 billion in outflows, according to data from ETF.com Pulse Tool.
The latest weekly flows highlight an ongoing shift in investor preferences among the market’s largest ETFs, with Voo holding roughly $618 billion in assets compared to SPY’s $635 billion, ETF.com data shows.
The sharp variation in weekly activity illustrates how retail investors and retail investors increasingly prefer VOO’s 0.03% expense ratio over SPY’s 0.09% fee structure, pushing VOO into the portfolio of becoming the world’s largest ETF.
With about $17 billion separating fund assets under management, Voo’s consistent inflows versus Spy’s recent outflows indicate a historic shift in ETF market leadership.
Technology sector optimism, driven largely by artificial intelligence developments, has fueled growth in technology sector funds. the Invesco QQQ Trust (QQQ) Attracted $1.2 billion in new assets, while Vaneck Semiconductor ETF (SMH) It attracted $1 billion for the week, according to etf.com figures. the SPDR Portfolio S&P 500 ETF (SPLG) It raised just over $1 billion.
Recent executive actions on domestic energy policy may have contributed to outflows in the energy sector, e.g SPDR Sector Sector Funds (XLE) Lost $639.84 million, etf.com data shows.
Meanwhile, uncertainty around interest rates and potential regulatory changes weigh on financial sector funds, with SPDR S&P Regional Banking ETF (KRE) Seeing $441.97 million in redemption, according to etf.com numbers.
the iShares MSCI EAFE ETF (EFAV) It also saw $754.52 million in outflows, while iShares Russell 2000 ETF (IWD) It saw $1.7 billion in redemptions for the week, etf.com data reveals.
the JPMorgan International Research Enhanced Equity ETF (JIRE) The week’s notable moves were rounded out by $294.23 million in outflows, according to ETF.com data.
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