Amidst Global Conflict, Investors Flood ESG-Focused Fund - ETF Winners And Losers: Mid-Cap Flows

We performed a screening of medium-cap ETFs – defined as having Assets Under Management (AUM) between $2 billion and $10 billion – to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. 

Winners

iShares MSCI USA ESG Select ETF SUSA

SPTS added $632.37 million in net assets over the trailing week.

The iShares MSCI USA ESG Select ETF offers exposure to a wide breadth of companies with high Environmental, Social, and Governance (ESG) ratings.

SUSA has $4.52 billion in AUM and an expense ratio of 0.25%. The fund has holdings in 185 companies, with the 10 largest comprising 26.12% of the fund.

The fund's largest holdings are Microsoft Corporation MSFT and Apple Inc. AAPL making up 5.22% and 5.17% of the fund, respectively

SUSA has added $952.00 million in net assets YTD.

Materials Select Sector SPDR Fund XLB

XLB added $325.29 million in net assets over the trailing week.

The Materials Select Sector SPDR Fund offers exposure to the US materials sector. This is often a small portion of larger broad-based US market ETFs, but a sector with large potential upside and an attractive option for those looking to indirectly access commodity markets.

XLB has $5.40 billion in AUM and an expense ratio of 0.10%. The fund has holdings in 31 companies, with the 10 largest comprising 65.65% of the fund.

The fund's largest holdings are Linde plc. LIN and Air Products and Chemicals, Inc. APD making up 20.88% and 7.22% of the fund, respectively.

XLB has lost $134.09 million in net assets YTD.

Losers

SPDR Bloomberg High Yield Bond ETF JNK

JNK lost $941.88 million in AUM on the week.

The SPDR Bloomberg High Yield Bond ETF offers exposure to so-called corporate junk bonds. These are middle-rated bonds with a minimum of one year to maturity.

JNK has $6.01 billion in AUM and an expense ratio of 0.40%. 

YTD, JNK has lost $2.94 billion in AUM.

SPDR Bloomberg Short Term High Yield Bond ETF SJNK

SJNK lost $375.90 million in AUM on the week.

The SPDR Bloomberg High Yield Bond ETF is very similar to JNK, however, the bonds held by SJNK are dated on a shorter term.

SJNK has $3.35 billion in AUM and an expense ratio of 0.4%. The fund has holdings in 32 companies, with the 10 largest comprising 60.30% of the fund.

YTD, SJNK gained $28.10 million in AUM.Featured photo by Антон Дмитриев on Unsplash