In this week’s edition of the ETF Issuer League, WisdomTree, Dimensional, Simplify, and Capital Group stood out the most. In each of their respective tiers, those firms saw stand-out inflows or surpassed or neared new milestones. BlackRock’s iShares ETFs series did take in nearly $10 billion for the week, bearing mention for beating its mega-cap rivals. The iShares Russell 2000 ETF (IWM) led the way for the firm with $3.4 billion for the week.
WisdomTree led outside of the usual, mega-cap names, however, with its $692 million weekly flows leading its tier. As ever, the firm’s WisdomTree Floating Rate Treasury Fund (USFR) led the way, adding $505 million over the last week. That adds to a $3.2 billion YTD inflow total, suggesting continued investor interest in the ETF’s floating rate notes (FRNs). No other WisdomTree strategy added more than $100 million for the week outside of USFR.
See more: “As Fed Rate Pause Previews Hikes, Eye USFR”
Dimensional sits at nearly $90 billion in total ETF AUM compared to $56 billion for WisdomTree, one tier above. Dimensional added almost $1 billion in total weekly inflows, intriguingly without any one strategy adding more than $150 million. The Dimensional U.S. Core Equity 2 ETF (DFAC) added $137 million in that time.
Capital Group stands out, meanwhile, for how close it is to $10 billion in ETF AUM. The shop added nearly $200 million for the week, with the Capital Group Growth ETF (CGGR) leading at $42 million in that time. Those flows come as the firm has ridden a pretty solid first year in the ETF business.
Finally, one of the smaller ETF issuer firms, Simplify, bears mentioning. Simplify added more weekly inflows than any sub-$10 billion AUM firm except Capital Group. The Simplify Short Term Treasury Futures Strategy ETF (TUA) contributed almost all the flows, with $153 million arriving over the week.
| Issuer |
AUM ($, mm) |
Net Flows ($, mm) |
| BlackRock Financial Management |
$2,342,285.20 |
$9,417.10 |
| Vanguard |
$2,070,139.41 |
$4,310.02 |
| State Street |
$993,708.58 |
$900.17 |
| Invesco |
$380,252.65 |
$576.36 |
| Charles Schwab |
$286,995.04 |
$407.87 |
| First Trust |
$139,091.05 |
-$51.49 |
| JPMorgan Chase |
$114,563.44 |
$902.35 |
| Dimensional |
$89,920.84 |
$968.84 |
| World Gold Council |
$65,494.21 |
-$233.53 |
| ProShares |
$64,058.39 |
-$1,218.76 |
| VanEck |
$58,179.71 |
$113.87 |
| WisdomTree |
$56,190.16 |
$692.98 |
| Mirae Asset Global Investments Co., Ltd. |
$40,643.92 |
$204.46 |
| Fidelity |
$34,553.87 |
$76.43 |
| Rafferty Asset Management |
$29,209.67 |
-$668.06 |
| Goldman Sachs |
$29,184.75 |
-$142.09 |
| American Century Investments |
$25,167.22 |
$99.52 |
| Pacer Advisors |
$24,196.10 |
-$3.00 |
| Allianz Investment Management LLC |
$21,473.93 |
$349.38 |
| Northern Trust |
$20,608.78 |
-$34.46 |
| DWS |
$17,676.11 |
$75.58 |
| Innovator |
$13,849.43 |
$40.35 |
| ARK |
$13,815.06 |
-$108.63 |
| Franklin Templeton |
$12,060.46 |
$282.44 |
| SS&C |
$10,578.12 |
$20.81 |
| Capital Group |
$9,719.16 |
$198.15 |
| TIAA |
$8,000.72 |
-$22.69 |
| WisdomTree Investments, Inc. |
$7,856.24 |
-$7.29 |
| CICC |
$7,718.17 |
-$118.63 |
| Victory Capital |
$7,656.04 |
-$34.69 |
| Abrdn Plc |
$7,352.42 |
$6.18 |
| Janus Henderson |
$7,134.26 |
$68.81 |
| Manulife |
$5,468.12 |
$20.69 |
| Prudential |
$5,108.48 |
$8.58 |
| BMO Financial Group |
$4,897.15 |
$4.38 |
| Exchange Traded Concepts |
$4,577.52 |
-$50.25 |
| Amplify Investments |
$4,355.56 |
$1.17 |
| New York Life |
$4,112.45 |
$16.27 |
| The Hartford |
$4,044.72 |
-$6.34 |
| Alpha Architect |
$3,915.84 |
$73.89 |
| ETFMG |
$3,664.60 |
-$19.42 |
| Marygold |
$3,642.74 |
-$21.82 |
| Tidal |
$3,505.06 |
$63.27 |
| BNY Mellon |
$3,250.65 |
-$3.23 |
| Principal |
$2,517.29 |
$7.58 |
| Deutsche Bank |
$2,368.24 |
$8.34 |
| US Global Investors |
$1,895.38 |
$7.15 |
| Cambria |
$1,856.91 |
-$18.23 |
| Aptus Capital Advisors |
$1,711.61 |
-$10.25 |
| Renaissance Health Service Corp. |
$1,655.12 |
$88.87 |
| Simplify |
$1,619.83 |
$165.40 |
| Main Management |
$1,575.14 |
$17.50 |
| Power Corporation of Canada |
$1,567.16 |
-$7.76 |
| Bondbloxx Investment Management LLC |
$1,510.61 |
-$153.96 |
| Ameriprise Financial |
$1,473.85 |
-$8.66 |
| Vident |
$1,379.34 |
$0.00 |
| GraniteShares |
$1,361.48 |
-$7.56 |
| Virtus Investment Partners |
$1,361.07 |
$4.12 |
| Sprott |
$1,325.58 |
$13.04 |
| Barclays Capital |
$1,261.72 |
$10.48 |
| Inspire Investing LLC |
$1,236.59 |
$13.03 |
| UBS |
$1,203.37 |
-$52.50 |
| The Motley Fool |
$1,187.14 |
$4.69 |
| Horizon Kinetics |
$1,127.49 |
-$12.05 |
| Rational Capital LLC |
$1,107.17 |
-$4.53 |
| Distillate Capital |
$1,078.99 |
-$1.03 |
| AdvisorShares |
$1,035.15 |
-$17.09 |
| T. Rowe Price Group, Inc. |
$1,024.32 |
-$8.87 |
| Davis Advisers |
$932.22 |
-$1.84 |
| Defiance ETFs |
$871.39 |
-$4.04 |
| AXS Investments |
$858.59 |
$12.18 |
| Harbor |
$857.69 |
$12.85 |
| Focus Financial Partners |
$832.52 |
$0.00 |
| Equitable |
$754.89 |
$26.21 |
| Timothy Plan |
$736.90 |
$2.17 |
| iM Global Partner US LLC |
$719.29 |
-$22.07 |
| Redwood |
$689.19 |
$0.80 |
| Roundhill Investments |
$648.03 |
-$0.01 |
| Engine No. 1 |
$587.78 |
$2.98 |
| Howard Capital Management |
$568.66 |
$5.97 |
| Credit Suisse Group AG |
$549.55 |
$1.46 |
| Tortoise |
$548.34 |
-$1.23 |
| Day Hagan Asset Management |
$540.15 |
$29.96 |
| Advisors Asset Management |
$533.94 |
$0.24 |
| Nationwide |
$493.55 |
$0.00 |
| ClearShares LLC |
$490.46 |
-$10.03 |
| Anfield Group |
$460.75 |
-$3.52 |
| Doubleline ETF Adviser LP |
$458.11 |
$2.75 |
| Aptus Holdings LLC |
$441.37 |
$26.56 |
| Core Alternative Capital |
$425.49 |
-$8.68 |
| Liquid Strategies |
$388.62 |
$0.57 |
| FCF Advisors |
$376.68 |
-$2.37 |
| Teucrium |
$374.67 |
-$39.42 |
| AGF |
$362.22 |
-$13.63 |
| Envestnet |
$348.77 |
$0.00 |
| Morgan Stanley |
$331.92 |
$21.14 |
| Neuberger Berman |
$305.10 |
$0.56 |
| Wahed |
$291.55 |
$1.02 |
| Adaptive Investments |
$288.49 |
$0.00 |
| Retireful LLC |
$278.20 |
-$0.49 |
| Oneascent Holdings LLC |
$270.07 |
$0.00 |
| Cary Street Partners Financial LLC /VA/ |
$238.43 |
$4.27 |
| Matthews International Capital Management |
$228.05 |
$10.52 |
| Western & Southern Mutual Holding Co. |
$219.11 |
$0.00 |
| WBI |
$203.72 |
-$2.11 |
| AmeriLife |
$200.99 |
$0.00 |
| Truemark Group |
$194.96 |
-$7.83 |
| Impact Shares |
$193.23 |
$1.47 |
| Syntax |
$189.27 |
$1.60 |
| Little Harbor Advisors |
$178.00 |
-$5.35 |
| Volatility Shares LLC |
$169.15 |
$6.42 |
| Stf Management LP |
$169.03 |
$2.69 |
| Neos Investments LLC |
$165.21 |
$37.12 |
| CI Financial |
$162.89 |
-$0.02 |
| CornerCap Investment Counsel, Inc. |
$155.63 |
$0.00 |
| Truist |
$155.34 |
$0.00 |
| Renaissance Capital |
$155.01 |
-$3.14 |
| Kingsview Partners LLC |
$151.51 |
$0.01 |
| Summit Global Investments, LLC |
$145.84 |
$0.26 |
| ORIX |
$144.23 |
$0.00 |
| Thrivent Financial for Lutherans |
$131.88 |
$0.00 |
| Rayliant |
$130.26 |
$0.30 |
| SRN Advisors |
$130.22 |
$0.00 |
| Intangible Capital |
$128.21 |
-$0.01 |
| Humankind USA LLC |
$128.06 |
$0.00 |
| Swan Global Investments |
$125.96 |
$0.00 |
| Mcivy Co. LLC |
$113.94 |
$0.00 |
| Paralel Technologies LLC |
$113.06 |
$1.41 |
| Neil Azous Revocable Trust |
$112.36 |
-$1.28 |
| Federated Hermes, Inc. |
$108.41 |
-$0.79 |
| IronHorse Holdings |
$107.34 |
$0.00 |
| Soundwatch Capital LLC |
$105.21 |
$0.00 |
| Baird Financial Group |
$102.86 |
-$0.00 |
| Thor Trading Advisors LLC |
$101.09 |
$0.00 |
| Arrow Funds |
$98.84 |
$0.00 |
| Absolute Investment Advisers LLC |
$93.86 |
$0.00 |
| Angel Oak Capital Advisors, LLC |
$91.38 |
$1.00 |
| Toews Corp. |
$85.03 |
-$1.48 |
| Natixis Global Asset Management |
$84.43 |
$0.00 |
| First Manhattan Co. |
$76.75 |
$0.00 |
| Inverdale Capital Management LLC |
$76.61 |
$0.00 |
| SEI Investments |
$72.64 |
-$0.00 |
| Pettee Investors |
$72.33 |
$0.30 |
| Panagram Structured Asset Management, LLC |
$70.59 |
$0.00 |
| Exponential ETFs |
$70.26 |
$0.00 |
| Beyond Investing |
$69.36 |
$0.00 |
| AB Holding |
$66.90 |
$0.00 |
| Water Island Capital |
$66.19 |
$3.76 |
| Alexis Investment Partners LLC |
$65.37 |
$0.48 |
| The Leuthold Group LLC |
$64.91 |
$0.00 |
| Capital Impact Advisors |
$64.55 |
$0.00 |
| Cohanzick Management |
$64.33 |
$0.00 |
| Clockwise Capital LLC |
$61.05 |
$0.00 |
| Formidable Asset Management |
$57.83 |
$0.00 |
| Q3 Asset Management Corp. |
$57.29 |
$0.00 |
| Logan Capital Management Inc. |
$50.29 |
$0.00 |
| GeaSphere LLC |
$50.19 |
$0.00 |
| ProcureAM |
$49.95 |
-$1.45 |
| Guinness Atkinson Asset Management |
$49.32 |
$0.00 |
| Client First Investment Management LLC |
$48.95 |
$0.00 |
| 2nd Vote Value Investments, Inc |
$46.97 |
$0.00 |
| Cambiar Holdings |
$46.65 |
$0.00 |
| Goose Hollow Capital Management LLC |
$45.37 |
-$3.83 |
| Ridgeline Research LLC |
$45.35 |
$1.60 |
| Hennessy Advisors |
$44.27 |
$0.00 |
| Alger |
$40.02 |
$0.00 |
| Zacks |
$39.99 |
$1.21 |
| Valkyrie Funds LLC |
$37.47 |
$0.81 |
| Acquirers Funds |
$37.41 |
$0.00 |
| First Pacific Advisors LP |
$36.04 |
$0.00 |
| Applied Finance Group |
$32.21 |
$0.65 |
| Sheaff Brock Capital Management LLC |
$29.83 |
$0.00 |
| GAMCO Investors, Inc. |
$29.78 |
$0.00 |
| Hull Investments LLC |
$26.74 |
-$0.00 |
| DoubleLine Capital LP |
$26.07 |
$0.00 |
| ASYMmetric ETFs |
$25.47 |
-$0.51 |
| Highland Capital Management |
$24.76 |
$0.01 |
| AlphaMark Advisors |
$24.34 |
$0.00 |
| PMV Capital Advisers LLC |
$24.29 |
-$0.00 |
| Convergence Investment Partners, LLC |
$24.26 |
-$1.66 |
| Cultivar Capital, Inc. |
$24.22 |
$0.00 |
| Reflection Asset Management, LLC |
$23.56 |
$0.00 |
| Faith Investor Services, LLC |
$23.33 |
$0.00 |
| Alphatrai Funds, Inc. |
$20.18 |
$0.00 |
| Knights of Columbus |
$19.45 |
$0.00 |
| Point Bridge Capital |
$18.99 |
$0.00 |
| Mairs & Power, Inc. |
$17.93 |
$0.00 |
| Build Asset Management LLC |
$17.62 |
$0.00 |
| Beacon Capital Management |
$17.57 |
$3.52 |
| Tema Global Ltd. |
$16.07 |
$0.76 |
| Advocate Capital Management LLC |
$15.02 |
-$2.86 |
| Subversive Capital Advisor LLC |
$13.43 |
$0.00 |
| WealthTrust Asset Management LLC |
$12.55 |
$0.00 |
| Lifegoal Investments LLC |
$12.30 |
-$0.22 |
| Democracy Investment Management LLC |
$11.74 |
-$0.00 |
| Tuttle Tactical Management, LLC |
$11.54 |
-$0.48 |
| Changebridge Capital LLC |
$11.39 |
$0.00 |
| The BAD Investment Company |
$9.39 |
$0.00 |
| Future Fund Advisors |
$8.96 |
$0.00 |
| Counterpoint Mutual Funds LLC |
$7.83 |
$0.00 |
| Rcube SAS |
$7.82 |
$0.00 |
| Spear Advisors LLC |
$6.58 |
$1.33 |
| Power Financial Corp. |
$6.25 |
$0.00 |
| Lyrical Partners |
$5.92 |
$0.00 |
| VegTech LLC |
$5.25 |
$0.00 |
| Cboe |
$4.87 |
$0.00 |
| Digital Currency Group, Inc. |
$4.68 |
$0.00 |
| Kelly Intelligence LLC |
$3.91 |
$0.00 |
| V-Square Quantitative Management LLC |
$3.80 |
$0.00 |
| Dynamic Shares LLC |
$3.55 |
$0.00 |
| Jacob Asset Management |
$2.98 |
$0.00 |
| Element ETFs LLC |
$2.62 |
$0.00 |
| Emerge Capital Management, Inc. |
$2.56 |
-$0.49 |
| Hypatia Capital Advisors LLC |
$2.31 |
$0.00 |
| Penserra Capital Management LLC |
$2.22 |
$0.00 |
| Emles Advisors LLC |
$2.01 |
$0.00 |
| X-Square Capital |
$1.99 |
$0.00 |
| Convexityshares, LLC |
$1.34 |
$0.31 |
| Bitwise Asset Management, Inc. |
$1.33 |
$0.00 |
| Grizzle Investment Management LLC |
$1.19 |
$0.00 |
| Kingsbarn Capital Management LLC |
$1.15 |
$0.00 |
| Merk |
$1.11 |
$0.00 |
| Inherent Wealth Fund LLC |
$0.91 |
$0.00 |
| Parabla, LLC |
$0.73 |
$0.00 |
| Tradelegs LLC |
$0.53 |
$0.00 |
| Calamos Family Partners |
$0.00 |
$0.00 |
| Driveadvisory LLC |
$0.00 |
$0.00 |
| Sprott Asset Management |
$0.00 |
$0.00 |
For more news, information, and analysis of the ETF Issuer League and more, visit the Modern Alpha Channel.
