STIP - Top 10 exchange traded fund outflow leaders in 2023
2023-12-11 12:18:01 ET
While the S&P 500 ( SP500 ) and the other major averages rallied in 2023, some exchange traded funds have failed to attract investor interest. Despite the positive market returns, investors have removed a large chunk of cash from many ETFs.
The top ten ETF outflow leaders together watched just over $56B exit the door with the number one fund observing a nearly $10B loss.
Outlined below is a list put together by Seeking Alpha which highlights Wall Street’s top exchange traded fund outflow leaders.
Top 10 ETF Outflow Leaders of 2023
No. 10: iShares MSCI USA Momentum Factor ETF ( MTUM ) -$3.95B.
No. 9: iShares MSCI Emerging Markets Min Vol Factor ETF ( NYSEARCA: EEM ) -$4.07B.
No. 8: iShares Russell 1000 Value ETF ( NYSEARCA: IWD ) -$4.40B.
No. 7: iShares 0-5 Year TIPS Bond ETF ( STIP ) -$4.42B.
No. 6: iShares MSCI USA Min Vol Factor ETF ( USMV ) -$4.84B.
No. 5: iShares iBoxx $ Investment Grade Corporate Bond ETF ( NYSEARCA: LQD ) -$6.02B.
No. 4: Vanguard Short-Term Corporate Bond Index Fund ETF Shares ( VCSH ) -$6.31B.
No. 3: Vanguard Short-Term Bond Index Fund ETF Shares ( BSV ) -$6.32B.
No. 2: iShares MSCI Emerging Markets ETF ( EEM ) -$6.63B.
No. 1: iShares ESG Aware MSCI USA ETF ( NASDAQ: ESGU ) -$9.31B.
Year-to-date price action: MTUM +5% , EEM +1.6% , IWD +4.7% , STIP +0.6% , USMV +6.1% , LQD +1.1% , VCSH +1.4% , BSV +1% , EEM +2.1% , and ESGU +20.1% .
On the other end of the spectrum, see which ETFs attracted the most significant amount of investor capital here .
ETF fund flow data is per etf.com .
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Top 10 exchange traded fund outflow leaders in 2023