Latest news with #FinancialSelectSectorSPDRFund
Yahoo
17-04-2025
- Business
- Yahoo
XLF, Bank Stocks Rise on Surge in Volatility Trading
The Financial Select Sector SPDR Fund (XLF) has shown surprising strength recently, driven by impressive earnings reports from major banks like JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC) and Citigroup Inc. (C). Despite heightened market volatility tied to escalating trade war tensions, bank stocks and the ETFs that hold them have managed to outperform the S&P 500 in the first quarter of 2025—thanks largely to a surge in investor trading activity. Fueled by tariff threats and fears of slower global growth, uncertainty in the markets has led to increased trading volume across asset classes, boosting banks' revenue from their trading desks and capital markets divisions. JPMorgan, for example, reported a strong uptick in equity and fixed-income trading revenues, while Citigroup and Bank of America also posted better-than-expected results from their trading operations. Investors navigating choppy markets tend to rotate more frequently across sectors and asset classes, creating fertile ground for trading-related profits. This has given big banks an edge during an otherwise mixed earnings season. Rising short-term interest rates and a relatively steep yield curve have also helped support the big banks' net interest income, further fueling profitability. The financial giants may continue to profit from trading activity and the current rate environment, but uncertainty over tariffs continues to cloud the 2025 outlook. Despite recent strength, bank stocks and broader financial sector ETFs like XLF face mounting risks if current trade disputes escalate and push the U.S. economy into a recession later in 2025. A deepening trade war could dampen business and consumer confidence, reduce global trade flows and ultimately weaken credit demand—all of which would weigh heavily on bank profitability. Loan growth, a key earnings driver for banks, could slow significantly if businesses pull back on investment and consumers cut spending. Recessionary conditions may also trigger a rise in loan delinquencies and defaults, particularly in sectors sensitive to economic downturns, such as commercial real estate, consumer credit and small business lending. This would force banks to increase loan loss provisions, directly cutting into profits. Lower interest rates—likely if the Federal Reserve shifts to an accommodative stance in response to weakening economic data—could further pressure banks' net interest margins, which have already come under scrutiny in past downturns. Financials are also highly cyclical by nature, making them more vulnerable than defensive sectors during periods of economic contraction. In such an environment, investor sentiment toward financial ETFs like XLF could turn negative, leading to underperformance relative to the broader market. While trading revenue has been a bright spot, it's not enough to offset the structural challenges banks face in a downturn, making the sector increasingly vulnerable should macroeconomic risks | © Copyright 2025 All rights reserved
Yahoo
16-04-2025
- Business
- Yahoo
BIL Gains $874 Million in AUM as Markets Steady
The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) pulled in $874.4 million, increasing its assets by 1.8% to $48.5 billion, according to daily fund flows data. The inflow came as markets stabilized Tuesday, with the S&P 500 declining just 0.2% after the extreme volatility of previous trading sessions. The Financial Select Sector SPDR Fund (XLF) attracted $785.2 million as bank stocks provided upward momentum, with Bank of America Corp. (BAC) and Citigroup Inc. (C) gaining 3.6% and 1.8%, respectively, after strong earnings reports. The Vanguard S&P 500 ETF (VOO) gained $609.4 million, while the BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) saw inflows of $570.7 million. The SPDR S&P 500 ETF Trust (SPY) experienced the largest outflows at $2.2 billion. The Invesco QQQ Trust (QQQ) saw $1.2 billion exit, while the iShares Russell 2000 ETF (IWM) lost $1.2 billion in assets. The ProShares UltraPro S&P500 (UPRO) saw outflows of $410.7 million. U.S. equity ETFs saw $5.2 billion in outflows despite the relatively calm trading day. Fixed-income ETFs gained $768.5 million, while international equity funds added $723.3 million. Overall, ETFs experienced net outflows of $4.1 billion across all categories. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change BIL SPDR Bloomberg 1-3 Month T-Bill ETF 874.36 48,528.93 1.80% XLF Financial Select Sector SPDR Fund 785.19 48,540.31 1.62% VOO Vanguard S&P 500 ETF 609.42 584,956.62 0.10% SHV iShares Short Treasury Bond ETF 607.46 22,834.16 2.66% XFIV BondBloxx Bloomberg Five Year Target Duration US Treasury ETF 570.68 704.82 80.97% SOXX iShares Semiconductor ETF 268.94 10,349.83 2.60% EFA iShares MSCI EAFE ETF 239.18 56,254.60 0.43% VGK Vanguard FTSE Europe ETF 192.61 21,377.15 0.90% IEI iShares 3-7 Year Treasury Bond ETF 188.20 16,197.34 1.16% SGOV iShares 0-3 Month Treasury Bond ETF 180.88 43,316.67 0.42% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust -2,155.01 562,583.32 -0.38% QQQ Invesco QQQ Trust Series I -1,188.94 292,617.31 -0.41% IWM iShares Russell 2000 ETF -1,185.13 57,408.83 -2.06% IVV iShares Core S&P 500 ETF -866.02 549,977.60 -0.16% RSP Invesco S&P 500 Equal Weight ETF -799.43 68,225.71 -1.17% IEF iShares 7-10 Year Treasury Bond ETF -753.93 34,482.89 -2.19% DIA SPDR Dow Jones Industrial Average ETF Trust -506.65 34,895.33 -1.45% FAPR FT Vest U.S. Equity Buffer ETF - April -426.22 711.02 -59.94% IWF iShares Russell 1000 Growth ETF -422.74 93,971.14 -0.45% UPRO ProShares UltraPro S&P500 -410.71 3,197.87 -12.84% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -118.75 9,608.28 -1.24% Asset Allocation 53.05 22,992.81 0.23% Commodities ETFs 133.01 205,770.29 0.06% Currency 91.14 105,517.42 0.09% International Equity 723.29 1,587,475.53 0.05% International Fixed Income 33.81 274,682.60 0.01% Inverse 38.29 14,003.65 0.27% Leveraged -589.48 98,557.87 -0.60% US Equity -5,196.16 6,181,358.83 -0.08% US Fixed Income 768.47 1,623,246.85 0.05% Total: -4,063.34 10,123,214.12 -0.04% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
16-04-2025
- Business
- Yahoo
BIL Gains $874 Million in AUM as Markets Steady
The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) pulled in $874.4 million, increasing its assets by 1.8% to $48.5 billion, according to daily fund flows data. The inflow came as markets stabilized Tuesday, with the S&P 500 declining just 0.2% after the extreme volatility of previous trading sessions. The Financial Select Sector SPDR Fund (XLF) attracted $785.2 million as bank stocks provided upward momentum, with Bank of America Corp. (BAC) and Citigroup Inc. (C) gaining 3.6% and 1.8%, respectively, after strong earnings reports. The Vanguard S&P 500 ETF (VOO) gained $609.4 million, while the BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) saw inflows of $570.7 million. The SPDR S&P 500 ETF Trust (SPY) experienced the largest outflows at $2.2 billion. The Invesco QQQ Trust (QQQ) saw $1.2 billion exit, while the iShares Russell 2000 ETF (IWM) lost $1.2 billion in assets. The ProShares UltraPro S&P500 (UPRO) saw outflows of $410.7 million. U.S. equity ETFs saw $5.2 billion in outflows despite the relatively calm trading day. Fixed-income ETFs gained $768.5 million, while international equity funds added $723.3 million. Overall, ETFs experienced net outflows of $4.1 billion across all categories. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change BIL SPDR Bloomberg 1-3 Month T-Bill ETF 874.36 48,528.93 1.80% XLF Financial Select Sector SPDR Fund 785.19 48,540.31 1.62% VOO Vanguard S&P 500 ETF 609.42 584,956.62 0.10% SHV iShares Short Treasury Bond ETF 607.46 22,834.16 2.66% XFIV BondBloxx Bloomberg Five Year Target Duration US Treasury ETF 570.68 704.82 80.97% SOXX iShares Semiconductor ETF 268.94 10,349.83 2.60% EFA iShares MSCI EAFE ETF 239.18 56,254.60 0.43% VGK Vanguard FTSE Europe ETF 192.61 21,377.15 0.90% IEI iShares 3-7 Year Treasury Bond ETF 188.20 16,197.34 1.16% SGOV iShares 0-3 Month Treasury Bond ETF 180.88 43,316.67 0.42% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust -2,155.01 562,583.32 -0.38% QQQ Invesco QQQ Trust Series I -1,188.94 292,617.31 -0.41% IWM iShares Russell 2000 ETF -1,185.13 57,408.83 -2.06% IVV iShares Core S&P 500 ETF -866.02 549,977.60 -0.16% RSP Invesco S&P 500 Equal Weight ETF -799.43 68,225.71 -1.17% IEF iShares 7-10 Year Treasury Bond ETF -753.93 34,482.89 -2.19% DIA SPDR Dow Jones Industrial Average ETF Trust -506.65 34,895.33 -1.45% FAPR FT Vest U.S. Equity Buffer ETF - April -426.22 711.02 -59.94% IWF iShares Russell 1000 Growth ETF -422.74 93,971.14 -0.45% UPRO ProShares UltraPro S&P500 -410.71 3,197.87 -12.84% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -118.75 9,608.28 -1.24% Asset Allocation 53.05 22,992.81 0.23% Commodities ETFs 133.01 205,770.29 0.06% Currency 91.14 105,517.42 0.09% International Equity 723.29 1,587,475.53 0.05% International Fixed Income 33.81 274,682.60 0.01% Inverse 38.29 14,003.65 0.27% Leveraged -589.48 98,557.87 -0.60% US Equity -5,196.16 6,181,358.83 -0.08% US Fixed Income 768.47 1,623,246.85 0.05% Total: -4,063.34 10,123,214.12 -0.04% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
27-02-2025
- Business
- Yahoo
SPY Leads With $3.9B ETF Inflow As S Retreats
The SPDR S&P 500 ETF Trust (SPY) pulled in $3.87 billion in fresh assets Monday even as broader markets declined as the world's largest ETF's assets rose 0.6% to $628.6 billion. Other core S&P 500 products also attracted inflows, according to data. The iShares Core S&P 500 ETF (IVV) added $1.02 billion and Vanguard S&P 500 ETF (VOO) gaining $883.6 million. The emerging markets sector saw interest as well, with the iShares Core MSCI Emerging Markets ETF (IEMG) attracting $365.6 million in new assets. On the outflow side, the Invesco QQQ Trust (QQQ) experienced the largest redemption at $1.63 billion, while the Financial Select Sector SPDR Fund (XLF) saw outflows of $342.6 million. The iShares 20+ Year Treasury Bond ETF (TLT) shed $268.6 million. U.S. equity funds led asset class flows with $3.59 billion in new assets, followed by U.S. fixed income with $1.78 billion. Commodities ETFs gained $754.2 million as investors sought diversification. The ETF industry recorded total net inflows of $6.68 billion for the day. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust 3,869.25 628,608.02 0.62% IVV iShares Core S&P 500 ETF 1,024.74 598,811.93 0.17% VOO Vanguard S&P 500 ETF 883.60 624,116.35 0.14% IEMG iShares Core MSCI Emerging Markets ETF 365.57 83,583.21 0.44% VCLT Vanguard Long-Term Corporate Bond ETF 341.96 14,201.35 2.41% AGG iShares Core U.S. Aggregate Bond ETF 333.18 123,315.02 0.27% TQQQ ProShares UltraPro QQQ 313.68 24,378.86 1.29% PIEQ Principal International Equity ETF 304.97 365.85 83.36% GLD SPDR Gold Shares 297.77 85,594.39 0.35% SLV iShares Silver Trust 205.36 14,532.81 1.41%Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change QQQ Invesco QQQ Trust Series I -1,630.83 332,977.91 -0.49% FDVV Fidelity High Dividend ETF -1,064.28 4,871.93 -21.85% XLF Financial Select Sector SPDR Fund -342.64 53,350.09 -0.64% TLT iShares 20+ Year Treasury Bond ETF -268.61 53,362.86 -0.50% KRE SPDR S&P Regional Banking ETF -215.05 4,387.12 -4.90% MDY SPDR S&P Midcap 400 ETF Trust -169.97 23,564.03 -0.72% ARKK ARK Innovation ETF -162.62 6,266.72 -2.59% HYG iShares iBoxx $ High Yield Corporate Bond ETF -159.14 15,190.05 -1.05% FVAL Fidelity Value Factor ETF -158.23 1,022.14 -15.48% FQAL Fidelity Quality Factor ETF -156.21 1,107.04 -14.11% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 78.37 10,081.57 0.78% Asset Allocation 35.76 23,264.74 0.15% Commodities ETFs 754.22 183,002.32 0.41% Currency -52.20 125,760.34 -0.04% International Equity -209.87 1,642,142.42 -0.01% International Fixed Income 467.19 275,961.15 0.17% Inverse -71.29 13,207.95 -0.54% Leveraged 299.97 125,916.52 0.24% US Equity 3,591.35 6,816,755.14 0.05% US Fixed Income 1,781.79 1,602,019.94 0.11% Total: 6,675.28 10,818,112.09 0.06% Disclaimer: All data as of 6 a.m. ET the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
30-01-2025
- Business
- Yahoo
XLF Leads Financial ETF Inflows With $641M Gain
The Financial Select Sector SPDR Fund (XLF) pulled in nearly $641.4 million in new assets Wednesday, bringing its total assets under management to $53.6 billion, according to daily Fund Flows data. Other equity funds seeing notable inflows included the Invesco S&P 500 Equal Weight ETF (RSP), which attracted $631 million, and the iShares Russell 2000 ETF (IWM), which added nearly $465 million in new assets. The Vanguard S&P 500 ETF (VOO) saw over $458 million in inflows. On the outflows side, the SPDR S&P 500 ETF Trust (SPY) saw nearly $3.3 billion exit the fund, while the iShares Semiconductor ETF (SOXX) experienced $427 million in outflows. The iShares Core S&P 500 ETF (IVV) and Invesco QQQ Trust (QQQ) both saw redemptions of about $2.4 billion each. U.S. fixed-income funds led asset class gains with over $1 billion in inflows, while international equity funds brought in nearly $805 million. U.S. equity funds saw the largest outflows at $3.2 billion as the overall ETF industry recorded net outflows of $323.5 million for the day. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change XLF Financial Select Sector SPDR Fund 641.36 53,581.37 1.20% RSP Invesco S&P 500 Equal Weight ETF 631.33 74,821.88 0.84% IWM iShares Russell 2000 ETF 464.95 74,777.95 0.62% VOO Vanguard S&P 500 ETF 458.03 623,981.61 0.07% GLD SPDR Gold Shares 380.92 76,539.02 0.50% SOXL Direxion Daily Semiconductor Bull 3x Shares 326.36 9,134.39 3.57% IGV iShares Expanded Tech-Software Sector ETF 325.60 10,686.90 3.05% LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 312.51 30,151.64 1.04% JAAA Janus Detroit Street Trust Janus Henderson AAA CLO ETF 305.52 19,120.46 1.60% XLI Industrial Select Sector SPDR Fund 283.52 22,069.99 1.28% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust -3,295.63 633,294.11 -0.52% IVV iShares Core S&P 500 ETF -2,430.46 602,662.37 -0.40% QQQ Invesco QQQ Trust Series I -2,427.86 329,066.76 -0.74% SOXX iShares Semiconductor ETF -427.28 13,277.63 -3.22% SMH VanEck Semiconductor ETF -360.86 22,972.53 -1.57% XLG Invesco S&P 500 Top 50 ETF -172.58 8,356.34 -2.07% AGG iShares Core U.S. Aggregate Bond ETF -165.74 121,040.41 -0.14% GDX VanEck Gold Miners ETF -129.89 13,495.20 -0.96% XLK Technology Select Sector SPDR Fund -116.86 74,045.29 -0.16% TLT iShares 20+ Year Treasury Bond ETF -114.55 53,554.72 -0.21% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -72.35 9,320.74 -0.78% Asset Allocation 16.06 22,123.29 0.07% Commodities ETFs 314.18 166,540.28 0.19% Currency -16.09 134,706.75 -0.01% International Equity 804.91 1,584,300.21 0.05% International Fixed Income 597.35 265,951.80 0.22% Inverse -105.78 11,692.80 -0.90% Leveraged 343.33 129,499.00 0.27% U.S. Equity -3,227.03 6,858,457.81 -0.05% U.S. Fixed Income 1,021.95 1,570,096.47 0.07% Total: -323.46 10,752,689.14 0.00%Disclaimer: All data as of 6 a.m. ET the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved Sign in to access your portfolio
