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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

Benzinga ·  Oct 17, 2023 05:12

We performed a screening of medium-cap ETFs – defined as having Assets Under Management (AUM) between $2 billion and $10 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

iShares MSCI USA ESG Select ETF (NYSE:SUSA)

SPTS added $529.80 million in net assets over the trailing week.

The iShares MSCI USA ESG Select ETF offers exposure to a wide breadth of companies with high Environmental, Social, and Governance (ESG) ratings.

SUSA has $4.52 billion in AUM and an expense ratio of 0.25%. The fund has holdings in 185 companies, with the 10 largest comprising 26.12% of the fund.

The fund's largest holdings are Microsoft Corporation (NASDAQ:MSFT) and Apple Inc. (NASDAQ:AAPL) making up 5.22% and 5.22% of the fund, respectively

SUSA has added $952.00 million in net assets YTD.

SPDR Portfolio Aggregate Bond ETF (NYSE:SPAB)

SPAB added $266.40 million in net assets over the trailing week.

The SPDR Portfolio Aggregate Bond ETF offers exposure to an average of the US investment-grade bond market.

SPAB has $6.71 billion in AUM and an expense ratio of 0.03%.

SPAB added $524.06 million in net assets, YTD.

Losers

Xtrackers USD High Yield Corporate Bond ETF (NYSE:HYLB)

HYLB lost $453.47 million in AUM on the week.

The Xtrackers USD High Yield Corporate Bond ETF offers exposure to so-called corporate junk bonds. These offer increased yields in exchange for the added risk.

HYLB has $3.22 billion in AUM and an expense ratio of 0.15%.

YTD, HYLB has lost $1.04 billion in AUM.

SPDR Bloomberg High Yield Bond ETF (NYSE:JNK)

JNK lost $448.86 million in AUM on the week.

The SPDR Bloomberg High Yield Bond ETF offers exposure to corporate junk bonds, like HYLB. These are middle-rated bonds with a minimum of one year to maturity.

JNK has $6.01 billion in AUM and an expense ratio of 0.40%.

YTD, JNK has lost $3.41 billion in AUM.

Featured photo by John O'Nolan on Unsplash

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