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ETF Issuer League: WisdomTree Rides USFR Flows

In this edition of the ETF Issuer League, WisdomTree Investments stood out thanks to its flagship ETF. The WisdomTree Floating Rate Treasury Fund (USFR) brought in $143.6 million over the last week, building on $2.7 billion YTD. USFR flows helped WisdomTree see the highest inflows in the sub $80 billion AUM issuer tier for the last week. That helped the firm reach $54.3 billion in overall ETF AUM according to the Issuer League table.

The firm didn’t rely on USFR flows alone, either, about $30 million ahead of VanEck’s $152 million of weekly inflows. The WisdomTree Japan Hedged Equity Fund (DXJ) and the WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) combined with $70 million. Those flows suggest continued interest in foreign equities as a tough U.S. market faces volatility.

See more: “What’s Behind the Spike in Interest for Japan ETFs?

Elsewhere in the table, Capital Group continued a strong flows performance YTD, adding $170 million over the last week. Furthermore, that also takes Capital Group to $9.1 billion in ETF AUM. A few more weeks like that may lift Capital Group into the $10 billion-plus ETF AUM tier. The Capital Group Growth ETF (CGGR) led the way with $50 million for the week. CGGR has the second-highest YTD flows with $530 million so far in 2023.

Lower down the ETF AUM rankings, Volatility Shares added $25.6 million to its $220.6 million ETF AUM total over the last week. The firm’s focus on volatility paid off for the 2x Long VIX Futures ETF (UVIX), adding $21.7 million for the week. That builds on $136 million YTD, too, suggesting that week’s flows may not have been a fluke. As the U.S. economy faces continued volatility, UVIX may continue to boost the firm in that space.

The week also saw big outflows for both State Street and Invesco, with $3.4 billion and $3.2 billion in outflows respectively. The SPDR S&P 500 ETF Trust (SPY) saw $2.1 billion in outflows and the Invesco QQQ Trust (QQQ) saw $2.7 billion in outflows for the week.

IssuerAUM ($, mm)Net Flows ($, mm)
BlackRock Financial Management$2,307,851.45-$1,481.98
State Street$960,195.27-$3,418.59
Charles Schwab$281,472.86$939.13
First Trust$136,225.32-$160.27
JPMorgan Chase$112,878.11$593.50
World Gold Council$65,873.92-$26.32
Mirae Asset Global Investments Co., Ltd.$38,875.18$124.67
Goldman Sachs$28,612.68$17.76
Rafferty Asset Management$27,264.63$43.73
American Century Investments$23,944.05$56.10
Pacer Advisors$23,518.81$37.38
Allianz Investment Management LLC$21,094.18$124.24
Northern Trust$20,568.74-$52.08
Franklin Templeton$11,629.93$40.81
Capital Group$9,129.62$169.55
Victory Capital$7,703.38-$42.49
WisdomTree Investments, Inc.$7,703.35-$18.00
Abrdn Plc$7,426.53$4.65
Janus Henderson$6,920.79$60.81
Exchange Traded Concepts$4,576.73-$27.46
Amplify Investments$4,366.39-$1.64
BMO Financial Group$4,158.90$50.24
The Hartford$4,035.17$5.50
New York Life$3,972.75-$3.18
BNY Mellon$3,759.79-$10.73
Alpha Architect$3,552.96$10.38
Deutsche Bank$2,313.64$0.00
US Global Investors$1,854.27-$10.74
Aptus Capital Advisors$1,728.64-$34.67
Barclays Capital$1,622.06-$100.51
Power Corporation of Canada$1,561.16$0.18
Main Management$1,499.37$11.45
Bondbloxx Investment Management LLC$1,498.53$38.60
Renaissance Health Service Corp.$1,488.67$78.83
Ameriprise Financial$1,406.33-$0.35
Virtus Investment Partners$1,308.70$4.51
Inspire Investing LLC$1,190.69$2.01
The Motley Fool$1,155.19-$2.98
Horizon Kinetics$1,140.93-$6.90
Rational Capital LLC$1,114.52-$3.14
Distillate Capital$1,045.95-$2.11
T. Rowe Price Group, Inc.$1,012.52$3.51
Davis Advisers$906.30$0.00
AXS Investments$899.49-$1.36
Defiance ETFs$839.80-$3.85
Focus Financial Partners$822.91-$1.06
iM Global Partner US LLC$742.07-$11.34
Timothy Plan$715.42-$2.23
Roundhill Investments$623.81$1.09
Engine No. 1$566.88$3.89
Credit Suisse Group AG$558.63$5.21
Howard Capital Management$524.98$0.00
Advisors Asset Management$509.65-$4.12
ClearShares LLC$495.70-$2.31
Day Hagan Asset Management$488.52$0.00
Core Alternative Capital$461.91-$7.22
Anfield Group$459.40-$0.23
Doubleline ETF Adviser LP$447.40$0.00
Aptus Holdings LLC$398.40$19.27
Liquid Strategies$379.18$1.37
FCF Advisors$366.72-$2.38
Neuberger Berman$307.15-$1.06
Morgan Stanley$291.42$12.71
Retireful LLC$282.29-$0.48
Adaptive Investments$281.48$0.00
Oneascent Holdings LLC$265.42$0.00
Cary Street Partners Financial LLC /VA/$231.97$0.24
Volatility Shares LLC$220.62$25.66
Western & Southern Mutual Holding Co.$217.71-$0.00
Truemark Group$202.71-$0.38
Matthews International Capital Management$189.95$0.00
Impact Shares$188.87-$0.02
Little Harbor Advisors$180.23-$0.06
CI Financial$163.16$0.00
Stf Management LP$157.29$0.52
CornerCap Investment Counsel, Inc.$151.07$0.00
Kingsview Partners LLC$150.88$0.00
Renaissance Capital$144.87$1.47
SRN Advisors$128.47-$1.92
Intangible Capital$127.57-$0.01
Humankind USA LLC$126.81$0.00
Thrivent Financial for Lutherans$124.98$0.00
Swan Global Investments$124.79$4.07
Summit Global Investments, LLC$121.98-$1.13
Neil Azous Revocable Trust$115.92-$1.46
Mcivy Co. LLC$114.72$0.00
IronHorse Holdings$109.55$0.00
Federated Hermes, Inc.$106.36$0.59
Paralel Technologies LLC$105.50$0.00
Neos Investments LLC$105.35$0.48
Soundwatch Capital LLC$103.33$0.00
Baird Financial Group$102.40-$0.40
Thor Trading Advisors LLC$101.32-$10.34
Arrow Funds$98.84$0.00
Absolute Investment Advisers LLC$94.43$0.00
Angel Oak Capital Advisors, LLC$86.79$0.00
Toews Corp.$86.34$0.00
Natixis Global Asset Management$81.74$0.56
First Manhattan Co.$74.92$0.00
Inverdale Capital Management LLC$73.05$0.00
SEI Investments$70.21-$0.01
Exponential ETFs$68.39$0.00
Panagram Structured Asset Management, LLC$67.47$0.00
Beyond Investing$65.51-$1.72
Pettee Investors$64.17$0.29
Alexis Investment Partners LLC$63.95$0.00
The Leuthold Group LLC$63.90$0.00
Water Island Capital$63.72-$0.17
Capital Impact Advisors$62.02$0.00
Cohanzick Management$60.90-$6.57
Clockwise Capital LLC$57.37$0.00
Formidable Asset Management$56.57$0.60
Q3 Asset Management Corp.$55.18$0.51
Goose Hollow Capital Management LLC$50.68$0.64
Logan Capital Management Inc.$48.22$0.00
GeaSphere LLC$48.14$0.00
Client First Investment Management LLC$48.02$0.00
Guinness Atkinson Asset Management$47.43$0.00
2nd Vote Value Investments, Inc$46.52$0.84
Cambiar Holdings$45.73-$0.00
Hennessy Advisors$44.97$0.00
Ridgeline Research LLC$40.85$0.00
Acquirers Funds$37.17$0.00
Valkyrie Funds LLC$36.92-$2.08
First Pacific Advisors LP$35.56$0.58
Sheaff Brock Capital Management LLC$30.55$1.84
Applied Finance Group$30.24$10.84
GAMCO Investors, Inc.$28.84$0.00
DoubleLine Capital LP$26.17$0.00
ASYMmetric ETFs$26.05$0.00
Highland Capital Management$26.00$0.01
Advocate Capital Management LLC$25.98-$0.64
Convergence Investment Partners, LLC$25.74$1.35
PMV Capital Advisers LLC$25.12-$0.01
Cultivar Capital, Inc.$23.50$0.00
AlphaMark Advisors$23.17$0.00
Reflection Asset Management, LLC$22.78$0.00
Faith Investor Services, LLC$22.65$0.00
Alphatrai Funds, Inc.$19.66-$0.68
Knights of Columbus$19.00$0.00
Point Bridge Capital$18.54$0.00
Mairs & Power, Inc.$18.08-$0.44
Build Asset Management LLC$17.71$0.00
Subversive Capital Advisor LLC$13.97$0.00
Lifegoal Investments LLC$12.56$0.00
WealthTrust Asset Management LLC$12.34$0.51
Democracy Investment Management LLC$11.78$0.00
Tuttle Tactical Management, LLC$11.77-$0.00
Changebridge Capital LLC$11.43-$0.23
The BAD Investment Company$8.89$0.00
Beacon Capital Management$8.52$1.50
Future Fund Advisors$8.12$0.00
Rcube SAS$7.94$1.13
Counterpoint Mutual Funds LLC$7.82$0.00
Tema Global Ltd.$6.82$2.26
Lyrical Partners$5.58$0.00
VegTech LLC$5.13$0.00
Digital Currency Group, Inc.$4.69$0.00
Spear Advisors LLC$3.97$0.38
Kelly Intelligence LLC$3.85$0.00
V-Square Quantitative Management LLC$3.73$0.00
Dynamic Shares LLC$3.24$0.00
Emerge Capital Management, Inc.$3.01-$0.48
Jacob Asset Management$2.87$0.00
Element ETFs LLC$2.57$0.00
Hypatia Capital Advisors LLC$2.21$0.00
Penserra Capital Management LLC$2.16$0.00
Emles Advisors LLC$2.01$0.00
Dalton Capital$1.76$0.00
Convexityshares, LLC$1.41$0.00
Bitwise Asset Management, Inc.$1.34$0.00
Kingsbarn Capital Management LLC$1.14$0.00
Grizzle Investment Management LLC$1.12$0.00
Inherent Wealth Fund LLC$0.91-$0.30
Parabla, LLC$0.58$0.00
Tradelegs LLC$0.52$0.00
Driveadvisory LLC$0.00$0.00
Sprott Asset Management$0.00$0.00
AB Holding$0.00$0.00
Calamos Family Partners$0.00$0.00

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