VXX Adds $63.85 As Fear Still Pervades Market - ETF Winners And Losers: Small-Cap Fund Flows

We performed a screening of mid-cap ETFs - defined as having Assets Under Management (AUM) between $400 million and $2 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

Invesco BuyBack Achievers ETF PKW

PKW added $310.20 million in AUM over the trailing week.

The Invesco BuyBack Achievers ETF invests in companies that have bought back a significant amount of stock - above 5%. The philosophy is that this will increase the stock's value through a more limited supply.

The fund has $1.79 billion in AUM and an expense ratio of 0.64%. EMXC has holdings in 315 companies, with the 10 largest comprising 35.05% of the fund.

The fund’s largest holdings are Comcast Corporation Class A CMCSA and ConocoPhillips COP making up 5.40% and 4.41% of the fund, respectively.

PKW has added $204 million in AUM YTD.

iPath Series B S&P 500 VIX Short-Term Futures ETN VXX

VXX is up $63.85 million in AUM over the trailing week.

The Fund provides exposure to market volatility, a useful asset due to its inverse relationship with the general health of the market. VXX is not an investment in VIX itself but rather linked to an index of VIX futures. However, because they are short-dated, VXX is highly correlated with VIX itself.

The fund has $480.7 million in AUM and an expense ratio of 0.89%.

VXX has added $481.07 million in AUM YTD.

Losers

FT Cboe Vest U.S. Equity Deep Buffer ETF - August DAUG

DAUG lost $337.71 million in net assets over the trailing week.

The FT Cboe Vest U.S. Equity Deep Buffer ETF - August Fund invests primarily in FLEX Options that reference the SPDR S&P 500 ETF Trust. The ETF is designed to provide a buffer against losses between 5% and 30% while capping the gain at 14.79%

DAUG has $421.1 million in AUM and an expense ratio of .85%. 

DAUG has added $79.66 million in net assets YTD.

iShares Core U.S. REIT ETF USRT

IWY lost $107.02 million in net assets over the trailing week.

The iShares Core U.S. REIT ETF is designed to offer broad exposure to the U.S. real estate market at a low cost.

JNK has $1.91 billion in AUM and an expense ratio of 0.08%. The fund has holdings in 138 companies, with the 10 largest comprising 46.65% of the fund.

The fund’s largest holdings are Prologis, Inc. PLD and Equinix, Inc. EQIX making up 14.13% and 12.90% of the fund, respectively.

IWY has added $19.53 million in net assets YTD.

Featured photo by Matt Hardy on Unsplash.