Net outflows were $2.25 billion; however, the market’s rise pulled total assets under management up to more than $1.137 trillion from less than $1.128 trillion on Monday, May 21.
Investors pulled $1.23 billion from the SPDR S'P 500 ETF (SPY - News), making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list. Stocks rose with the Dow Jones breaking a streak of six straight losses, as investors regained their confidence in the U.S. economy.
The Dow Jones industrial average rose 135.10 points, or 1.1 percent, to close at 12,504.48. Stocks rose as investors dove back into the market taking advantage of bargain prices that reflected three weeks of declines. The S'P 500 surged 20.77 points, or 1.6 percent, to close at 1,315.99.
The PowerShares QQQ Trust (QQQ - News) was No. 2 on IndexUniverse’s redemptions list, with $690.7 million in outflows. The No. 3 fund on IndexUniverse’s creations list was the iShares Barclays 20+ Year Treasury Bond (TLT - News), which had outflows of $198.7 million.
U.S.-focused equity ETFs had outflows of $1.76 billion. U.S.-focused fixed-income ETFs had outflows of $271.1 million.
Creations
Investors plowed $161.2 million into the Financial Select Sector SPDR ETF (XLF - News), making it No. 1 on IndexUniverse’s “Top 10 Creations” list.
The iShares Russell 2000 Index Fund (IWM - News) was No. 2 on IndexUniverse’s creations list, with $133.7 million in inflows. The Energy Select Sector SPDR Fund (XLE - News) was No. 3 on the list, with $117.8 million in inflows.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| XLF | Financial Select SPDR | 161.36 | 5,421.42 | 3.07% |
| IWM | iShares Russell 2000 | 133.74 | 14,737.60 | 0.92% |
| XLE | Energy Select SPDR | 117.81 | 6,667.39 | 1.80% |
| TNA | Direxion Daily Small Cap Bull 3x | 98.61 | 935.55 | 11.78% |
| FAS | Direxion Daily Financial Bull 3x | 96.93 | 1,287.94 | 8.14% |
| IYR | iShares Dow Jones U.S. Real Estate | 94.71 | 3,659.89 | 2.66% |
| VIG | Vanguard Dividend Appreciation | 61.33 | 10,821.63 | 0.57% |
| FAZ | Direxion Daily Financial Bear 3x | 59.53 | 783.07 | 8.23% |
| XRT | SPDR S'P Retail | 52.51 | 848.85 | 6.59% |
| TZA | Direxion Daily Small Cap Bear 3x | 49.93 | 595.07 | 9.16% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S'P 500 | -1,227.23 | 93,867.11 | -1.29% |
| QQQ | PowerShares QQQ | -690.74 | 30,336.10 | -2.23% |
| TLT | iShares Barclays 20+ Year Treasury Bond | -198.72 | 3,278.88 | -5.71% |
| JNK | SPDR Barclays Capital High Yield Bond | -176.46 | 10,549.77 | -1.65% |
| HYG | iShares iBoxx $ High Yield Corporate Bond | -105.76 | 14,162.49 | -0.74% |
| VGK | Vanguard European | -86.18 | 2,095.91 | -3.95% |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | -85.53 | 1,924.56 | -4.25% |
| XHB | SPDR S'P Homebuilders | -79.55 | 1,332.26 | -5.63% |
| IVV | iShares S'P 500 | -66.21 | 28,198.84 | -0.23% |
| MDY | SPDR S'P MidCap 400 | -64.06 | 9,145.47 | -0.70% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -1,755.53 | 514,608.51 | -0.34% |
| International Equity | -209.81 | 255,351.39 | -0.08% |
| U.S. Fixed Income | -271.05 | 202,858.31 | -0.13% |
| International Fixed Income | 23.99 | 16,274.19 | 0.15% |
| Commodities | -124.32 | 106,701.90 | -0.12% |
| Currency | -2.83 | 3,190.46 | -0.09% |
| Leveraged | 212.53 | 12,392.61 | 1.71% |
| Inverse | -29.44 | 19,891.35 | -0.15% |
| Asset Allocation | 1.26 | 1,862.01 | 0.07% |
| Alternatives | -100.30 | 4,364.58 | -2.30% |
| Total: | -2,255.50 | 1,137,495.31 | -0.20% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1-Day Volume | % of Average |
| EWZS | iShares MSCI Brazil Small Cap | 28,466 | 164,109 | 576.50% |
| IGOV | iShares S'P/Citigroup International Treasury Bond | 23,623 | 108,700 | 460.15% |
| EQIN | Russell Equity Income | 2,430 | 11,000 | 452.59% |
| CEW | WisdomTree Dreyfus Emerging Currency | 93,163 | 372,132 | 399.44% |
| SCHM | Schwab U.S. Mid-Cap | 98,547 | 382,795 | 388.44% |
| FDL | First Trust Morningstar Dividend Leaders | 243,412 | 921,641 | 378.63% |
| EPOL | iShares MSCI Poland Investable Market | 47,016 | 176,231 | 374.83% |
| WPS | iShares S'P Developed Ex-US. Property | 8,500 | 31,210 | 367.18% |
| RFG | Guggenheim S'P MidCap 400 Pure Growth | 60,451 | 210,818 | 348.74% |
| SCHC | Schwab International Small-Cap Equity | 39,336 | 133,612 | 339.67% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| CRUD | Teucrium WTI Crude Oil | 6.67% | 1,600 | 2.07 |
| LVOL | Russell 1000 Low Volatility | 6.50% | 20,938 | 69.78 |
| GEX | Market Vectors Global Alternative Energy | 4.97% | 25,251 | 48.16 |
| PSCE | PowerShares S'P SmallCap Energy | 4.97% | 12,700 | 54.52 |
| XOP | SPDR S'P Oil ' Gas Exploration ' Production | 4.91% | 5,429,482 | 797.76 |
| VNM | Market Vectors Vietnam | 4.73% | 337,704 | 316.01 |
| AGF | PowerShares DB Agriculture Long ETN | 4.61% | 2,190 | 10.97 |
| PLND | Market Vectors Poland | 4.41% | 3,763 | 28.64 |
| RSX | Market Vectors Russia | 4.30% | 7,243,375 | 1,667.70 |
| ERUS | iShares MSCI Russia Capped | 4.23% | 320,537 | 101.25 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -11.85% | 32,978 | 10.21 |
| VIIX | VelocityShares VIX Short Term ETN | -11.06% | 520,340 | 30.11 |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | -11.00% | 74,723,442 | 1,924.56 |
| VIXY | ProShares VIX Short-Term | -10.90% | 1,477,051 | 177.15 |
| TDX | db-X In-Target Date | -5.57% | 6,361 | 10.38 |
| VXCC | ETRACS 3-Month S'P 500 VIX Futures ETN | -4.44% | 1,500 | 7.41 |
| VXZ | iPath S'P 500 VIX Mid-Term Futures ETN | -3.84% | 692,802 | 245.80 |
| AGRG | Russell Aggressive Growth | -3.77% | 1,481 | 4.93 |
| NAGS | Teucrium Natural Gas Fund | -3.52% | 8,111 | 2.35 |
| VIXM | ProShares VIX Mid-term | -3.44% | 28,006 | 116.90 |
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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