Fund Flows: Silver Mining ETF Adds Over $200 Million, SPDR Junk Bonds Bleed - Mid-Cap Winners And Losers
We performed a screening of mid-cap ETFs, defined as having Assets Under Management (AUM) between $2 and $10 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered.
Winners
Vanguard Long-Term Treasury ETF (NYSE:VGLT)
VGLT added $226.42 million in net assets over the trailing week.
The Vanguard Long-Term Treasury ETF offers exposure to long-term government bonds, focusing on Treasuries that mature in ten years or more.
VGLT has $6.97 billion in AUM and an expense ratio of 0.04%.
VGLT has added $4.01 billion in net assets YTD.
iShares Silver Trust (NYSE:SLV)
SLV gained $202.52 million in AUM on the week.
The iShares Silver Trust ETF is intended to track the performance of silver. It is backed by physical bullion, offering investors access to silver without holding it themselves or dealing with the complexities of the futures market.
SLV has $9.53 billion in AUM and an expense ratio of 0.50%.
YTD, SLV lost $283.98 million in AUM.
Losers
SPDR Bloomberg High Yield Bond ETF (NYSE:JNK)
JNK lost $1.296 billion 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 $5.94 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, JNK has lost $2.96 billion in AUM.
SPDR Bloomberg Short Term High Yield Bond ETF (NYSE:SJNK)
SJNK lost $353.40 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 0-5 years.
SJNK has $3.36 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 has gained $1 million in AUM.
Featured photo by Pierre Bamin on Unsplash