ESG-Focused Fund SUSA Continues To Grow, Topping The Chart Two Weeks In A Row, Risky Bonds Fall - ETF Winners And Losers: Mid-Cap Flows
Portfolio Pulse from Johnny Rice
Medium-cap ETFs were screened to determine the largest changes in net assets. iShares MSCI USA ESG Select ETF (SUSA) and SPDR Portfolio Aggregate Bond ETF (SPAB) were the winners, adding $529.80 million and $266.40 million in net assets respectively. SUSA's largest holdings are Microsoft Corporation (MSFT) and Apple Inc. (AAPL). The losers were Xtrackers USD High Yield Corporate Bond ETF (HYLB) and SPDR Bloomberg High Yield Bond ETF (JNK), losing $453.47 million and $448.86 million in AUM respectively.
October 16, 2023 | 9:13 pm
News sentiment analysis
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NEGATIVE IMPACT
HYLB lost $453.47 million in AUM on the week.
The loss of significant AUM indicates negative investor sentiment towards HYLB, which could drive its price down in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
JNK lost $448.86 million in AUM on the week.
The loss of significant AUM indicates negative investor sentiment towards JNK, which could drive its price down in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SPAB added $266.40 million in net assets over the trailing week.
The addition of significant net assets indicates positive investor sentiment towards SPAB, which could drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SUSA added $529.80 million in net assets over the trailing week. Its largest holdings are MSFT and AAPL.
The addition of significant net assets indicates positive investor sentiment towards SUSA, which could drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100