Investors plowed more than $200 million into the SPDR Gold Shares (NYSEArca:GLD - News) physical bullion ETF on Friday, a day after pouring $678 million into the popular physical bullion ETF yesterday. Stocks were mixed amid continued anxiety about Europe and new talk in the United States about the U.S. budget deficit.
Overall, net inflows totaled $143.8 million, and total assets fell to almost $1.057 trillion from just over $1.058 trillion on Thursday, Nov. 17, according to data compiled by IndexUniverse.com. The inflows were offset by those asset prices that fell on Friday.
The Dow Jones industrial average gained 25.43 points, ending at 1,796.16, as investors continued to wonder how much Europe’s debt crisis might hurt the rest of the global economy and also began to worry about renewed bickering in the United States as new debt talks got under way. The S'P 500 reflected those worries more directly, edging down 0.48 point to 1,215.65.
The Nos. 2 and 3 funds on IndexUniverse’s “Top 10 Creations” were the SPDR S'P MidCap 400 ETF (NYSEArca:MDY - News) and the Direxion Daily Financial Bull 3x ETF (NYSEArca:FAS - News), which pulled in $156.7 million and $81.8 million, respectively.
On a percentage basis, the Russell Equity Income ETF (NYSEArca:EQIN - News) had the largest creations. The fund hauled in $45.2 million, amounting to 500 percent of its assets at the beginning of Friday’s session. It ended the day with $54.2 million in assets.
Redemptions
Friday’s least popular fund was the Vanguard MSCI Emerging Markets ETF (NYSEArca:VWO - News). The world’s biggest developing markets ETF had outflows of $554.1 million, and ended the session with $43.3 billion in assets.
The Nos. 2 and 3 funds on IndexUniverse’s “Top 10 Redemptions” list were the Direxion Daily Small Cap Bear 3x ETF (NYSEArca:TZA - News) and the Direxion Daily Financial Bear 3x (NYSEArca:FAZ - News), which had outflows of $103.6 million and $67.2 million, respectively.
TZA’s redemptions amounted to 11 percent of its assets at the beginning of the day, but the Direxion Daily Energy Bear 3x ETF (NYSEArca:ERY - News) had larger outflows on a percentage basis. ERY’s outflows of almost $20 million amounted to 15 percent of its assets.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| GLD | SPDR Gold | 200.66 | 71,450.58 | 0% |
| MDY | SPDR S'P MidCap 400 | 156.69 | 9,108.03 | 2% |
| FAS | Direxion Daily Financial Bull 3x | 81.79 | 1,485.49 | 6% |
| BND | Vanguard Total Bond Market | 50.06 | 13,457.26 | 0% |
| EQIN | Russell Equity Income | 45.18 | 54.22 | 500% |
| VPL | Vanguard Pacific | 39.22 | 1,449.61 | 3% |
| FXY | CurrencyShares Japanese Yen | 38.43 | 749.40 | 5% |
| TNA | Direxion Daily Small Cap Bull 3x | 38.36 | 1,003.70 | 4% |
| TBT | ProShares UltraShort 20+ Year Treasury | 36.06 | 3,359.00 | 1% |
| QLD | ProShares Ultra QQQ | 30.09 | 619.85 | 5% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| VWO | Vanguard MSCI Emerging Markets | -554.12 | 43,296.76 | -1% |
| TZA | Direxion Daily Small Cap Bear 3x | -103.57 | 816.01 | -11% |
| FAZ | Direxion Daily Financial Bear 3x | -67.22 | 1,116.33 | -6% |
| DBO | PowerShares DB Oil | -55.95 | 531.49 | -10% |
| VEA | Vanguard MSCI EAFE | -46.88 | 6,308.96 | -1% |
| UCO | ProShares Ultra DJ-UBS Crude Oil | -26.30 | 341.85 | -7% |
| ERY | Direxion Daily Energy Bear 3x | -19.91 | 108.56 | -15% |
| SDS | ProShares UltraShort S'P 500 | -15.88 | 2,430.85 | -1% |
| SKF | ProShares UltraShort Financials | -10.20 | 401.38 | -2% |
| VTV | Vanguard Value | -10.07 | 4,828.39 | -0% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 310.71 | 461,104.63 | 13.69% |
| International Equity | -545.21 | 254,150.38 | -0.76% |
| U.S. Fixed Income | 94.80 | 167,782.17 | 0.08% |
| International Fixed Income | -7.03 | 12,290.59 | -0.00% |
| Commodities | 126.29 | 116,703.52 | -0.16% |
| Currency | 48.51 | 4,749.55 | 0.07% |
| Leveraged | 211.35 | 12,779.68 | 0.31% |
| Inverse | -100.00 | 23,024.47 | 0.93% |
| Asset Allocation | - | 909.40 | 0.00% |
| Alternatives | 4.38 | 3,405.73 | 0.21% |
| Total: | 143.82 | 1,056,900.12 | 14.36% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1-Day Volume | % of Average |
| WITE | ETFS Physical WM Basket | 7,680 | 88,397 | 1151% |
| EES | WisdomTree SmallCap Earnings | 10,832 | 84,400 | 779% |
| ADRD | BLDRS Developed Markets 100 ADR | 11,472 | 88,261 | 769% |
| IPE | SPDR Barclays Capital TIPS | 79,000 | 603,954 | 765% |
| USL | United States 12 Month Oil | 59,361 | 430,595 | 725% |
| IFGL | iShares FTSE EPRA/NAREIT Developed Real Estate ex-US. | 53,025 | 376,682 | 710% |
| IYK | iShares Dow Jones U.S. Consumer Goods | 87,014 | 571,556 | 657% |
| DRW | WisdomTree Global Ex-U.S. Real Estate | 39,717 | 251,233 | 633% |
| CSMA | Credit Suisse Merger Arbitrage Liquid ETN | 11,100 | 58,365 | 526% |
| FXS | CurrencyShares Swedish Krona | 6,357 | 28,356 | 446% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| GRN | iPath Global Carbon ETN | 11.56% | 230 | 1.71 |
| VIIZ | VelocityShares VIX Mid Term ETN | 5.02% | 700 | 9.68 |
| NOMO | QuantShares U.S. Market Neutral Anti-Momentum | 4.86% | 300 | 4.92 |
| LD | iPath Dow Jones-UBS Lead Total Return ETN | 3.91% | 400 | 4.25 |
| VXFF | ETRACS 6-Month S'P 500 VIX Futures ETN | 3.04% | 1,700 | 10.89 |
| EWSM | Rydex S'P SmallCap 600 Equal Weight | 2.89% | 140 | 5.49 |
| USV | ETRACS CMCI Silver Total Return ETN | 2.53% | 150 | 6.91 |
| SLV | iShares Silver | 2.48% | 24,129,821 | 10,400.40 |
| SIVR | ETFS Physical Silver | 2.46% | 503,529 | 637.31 |
| PWND | PowerShares Global Wind Energy Portfolio | 2.44% | 5,686 | 16.34 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| VXAA | ETRACS 1-Month S'P 500 VIX Futures ETN | -11.89% | 1,150 | 11.92 |
| AXID | iShares MSCI ACWI ex-US Industrials | -8.82% | 410 | 2.48 |
| BHH | B2B Internet HOLDRS | -8.11% | 165,900 | 29.29 |
| TSXV | Global X S'P TSX Venture 30 Canada | -7.68% | 900 | 2.74 |
| INCO | EGShares India Consumer | -6.32% | 100 | 3.49 |
| TDV | db-X 2040 Target Date | -5.49% | 523 | 27.42 |
| CTNN | iPath Pure Beta Cotton ETN | -4.72% | 1,500 | 3.70 |
| HGEM | EGShares Health Care GEMS | -4.59% | 2,000 | 0.83 |
| EMGX | Global X Russell Emerging Markets Growth | -4.32% | 300 | 2.07 |
| PSTL | PowerShares Global Steel Portfolio | -4.29% | 1,200 | 3.95 |
Disclaimer:All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.
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