Investors pulled $235.0 million from the SPDR Barclays Capital High Yield Bond ETF (JNK - News), making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list. Stocks were down for a third week in a row as concerns mounted about the potential unraveling of the eurozone.
Net flows were $3.04 billion; however, the market’s drop drove total assets under management down to $1.127 trillion from $1.130 trillion on Thursday, May 17.
The Dow Jones industrial average fell 73.11 points, or 0.3 percent, to close at 12,369.38. Stocks fell as investors pondered the implications of trouble in the eurozone for global growth. The S'P 500 fell 9.64 points, or 0.7 points, to close at 1,295.22.
The No. 2 fund on IndexUniverse’s “Top 10 Redemptions” list was the Consumer Discretionary Select Sector SPDR ETF (XLY - News), which had outflows of $172.4 million. The No. 3 fund on the list was the iShares iBoxx $ High Yield Corporate Bond Fund (HYG - News), which had outflows of $159.25 million.
Creations
Investors plowed $1.40 billion into the SPDR S'P 500 ETF (SPY - News), making it No. 1 on IndexUniverse’s “Top 10 Creations” list.
The No. 2 fund on the creations list was the iShares Russell 2000 Index Fund (IWM - News), which had inflows of $597. 4 million. The Vanguard Total Bond Market ETF (BND - News) was No. 3 on the list, with $504.3 million in inflows.
U.S.-focused equity ETFs had inflows of $2.68 billion. U.S.-focused fixed-income ETFs had inflows of $653.6 billion.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S'P 500 | 1,402.81 | 93,602.63 | 1.52% |
| IWM | iShares Russell 2000 | 597.44 | 14,271.35 | 4.37% |
| BND | Vanguard Total Bond Market | 504.30 | 16,717.55 | 3.11% |
| XLF | Financial Select SPDR | 290.76 | 5,210.91 | 5.91% |
| GLD | SPDR Gold | 216.02 | 65,546.64 | 0.33% |
| SHY | iShares Barclays 1-3 Year Treasury Bond | 168.74 | 11,423.70 | 1.50% |
| QQQ | PowerShares QQQ | 133.91 | 30,212.82 | 0.45% |
| MDY | SPDR S'P MidCap 400 | 120.36 | 9,007.39 | 1.35% |
| BSV | Vanguard Short-Term Bond | 113.39 | 7,815.54 | 1.47% |
| XLE | Energy Select SPDR | 108.60 | 6,392.47 | 1.73% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| JNK | SPDR Barclays Capital High Yield Bond | -235.03 | 10,773.76 | -2.13% |
| XLY | Consumer Discretionary Select SPDR | -172.45 | 2,862.18 | -5.68% |
| HYG | iShares iBoxx $ High Yield Corporate Bond | -159.25 | 14,323.29 | -1.10% |
| TZA | Direxion Daily Small Cap Bear 3x | -130.70 | 586.07 | -18.24% |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | -100.94 | 2,318.32 | -4.17% |
| VGK | Vanguard European | -72.59 | 2,144.35 | -3.27% |
| EMB | iShares JPMorgan USD Emerging Markets Bond | -66.25 | 4,549.30 | -1.44% |
| SDS | ProShares UltraShort S'P 500 | -57.98 | 2,074.14 | -2.72% |
| FAZ | Direxion Daily Financial Bear 3x | -57.42 | 750.19 | -7.11% |
| GDX | Market Vectors Gold Miners | -52.03 | 7,603.97 | -0.68% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 2,676.10 | 507,247.11 | 0.53% |
| International Equity | -132.76 | 252,334.54 | -0.05% |
| U.S. Fixed Income | 653.64 | 203,144.48 | 0.32% |
| International Fixed Income | -32.09 | 16,236.09 | -0.20% |
| Commodities | 177.09 | 106,686.79 | 0.17% |
| Currency | 25.31 | 3,192.88 | 0.79% |
| Leveraged | 75.17 | 11,984.38 | 0.63% |
| Inverse | -303.30 | 20,245.32 | -1.50% |
| Asset Allocation | - | 1,838.97 | 0.00% |
| Alternatives | -101.56 | 4,810.92 | -2.11% |
| Total: | 3,037.61 | 1,127,721.49 | 0.27% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1-Day Volume | % of Average |
| USL | United States 12 Month Oil | 45,676 | 529,815 | 1,159.94% |
| GOVT | iShares Barclays U.S. Treasury Bond | 127,835 | 1,234,906 | 966.02% |
| LVOL | Russell 1000 Low Volatility | 11,637 | 104,512 | 898.11% |
| MLPN | Credit Suisse Cushing 30 MLP ETN | 84,615 | 601,190 | 710.50% |
| BAB | PowerShares Build America Bond | 204,980 | 1,204,193 | 587.47% |
| IGOV | iShares S'P/Citigroup International Treasury Bond | 20,425 | 117,041 | 573.02% |
| TLO | SPDR Barclays Capital Long Term Treasury | 7,995 | 45,234 | 565.76% |
| BRXX | EGShares Brazil Infrastructure | 34,555 | 189,892 | 549.53% |
| EMM | SPDR Dow Jones Mid Cap | 8,504 | 46,536 | 547.24% |
| PWC | PowerShares Dynamic Market Portfolio | 5,892 | 31,472 | 534.18% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | 6.48% | 89,849,994 | 2,318.32 |
| VIXY | ProShares VIX Short-Term | 6.27% | 1,865,929 | 204.15 |
| VIIX | VelocityShares VIX Short Term ETN | 6.26% | 490,801 | 34.73 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | 5.83% | 69,157 | 11.58 |
| WEAT | Teucrium Wheat | 4.46% | 7,000 | 4.81 |
| GREK | Global X FTSE Greece 20 | 3.57% | 30,022 | 2.11 |
| DJCI | ETRACS DJ-Commodity Total Return ETN | 3.16% | 27,525 | 68.85 |
| UNG | United States Natural Gas | 2.75% | 13,705,220 | 1,083.54 |
| FUD | ETRACS CMCI Food Total Return ETN | 2.38% | 4,441 | 40.81 |
| EWP | iShares MSCI Spain | 2.36% | 666,833 | 136.06 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | -10.03% | 586,207 | 40.50 |
| SOCL | Global X Social Media | -6.75% | 411,476 | 19.78 |
| EWSS | iShares MSCI Singapore Small Cap | -6.75% | 3,061 | 2.76 |
| TAN | Guggenheim Solar | -5.23% | 94,531 | 50.89 |
| EIPO | ETRACS Next Generation Internet ETN | -5.18% | 21,457 | 6.00 |
| KWT | Market Vectors Solar Energy | -4.21% | 47,946 | 9.38 |
| WREI | Guggenheim Wilshire US REIT | -3.95% | 20,534 | 10.11 |
| PYH | PowerShares Morningstar Stock Investor Core Portfolio | -3.58% | 13,370 | 14.34 |
| EWUS | iShares MSCI United Kingdom Small Cap | -3.58% | 3,796 | 2.55 |
| QQQM | Global X NASDAQ 400 Mid Cap | -3.46% | 5,460 | 1.27 |
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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