Investors pulled $968.1 million from the SPDR S'P 500 ETF (SPY - News), making it No.1 on IndexUniverse’s “Top 10 Redemptions” list. Stocks fell as investor concern grew over a government monthly jobs report due to be released today.
Net outflows were $1.85 billion and total assets under management fell to a little under $1.201 trillion from $1.210 trillion on Wednesday, May 2.
The Dow Jones industrial average fell 61.98 points, or 0.5 percent, to close at 13,206.59. Pushing stocks down was concern about the state of U.S. jobs stoked by a report from the Institute of Supply Management showing the employment component of its service-related sector index had fallen to a four-month low. The S'P 500 fell 10.74 points, or 0.8 percent, to close at 1,391.57.
The No. 2 fund on the redemptions list was the iShares Russell 2000 Index Fund (IWM - News), which suffered $652.5 million in outflows. The No. 3 fund on the redemptions list was the iShares Barclays TIPS Bond Fund (TIP - News), which had $321.1 million in outflows.
U.S.-focused equity ETFs had outflows of $2.34 billion.
Creations
Investors put $425.6 million into the ProShares Ultra 7-10 Year Treasury (UST - News), making it No. 1 on IndexUniverse’s “Top 10 Creations” list.
The No. 2 fund on the creations list was the iShares Barclays 1-3 Year Credit Bond Fund (CSJ - News), which had inflows of $209.5 million. The No. 3 fund on the list was the SPDR Barclays Capital High Yield Bond Fund (JNK - News), which had inflows of $94.9 million.
U.S.-focused fixed-income ETFs had inflows of $167.2 million.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| UST | ProShares Ultra 7-10 Year Treasury | 425.57 | 479.44 | 790.00% |
| CSJ | iShares Barclays 1-3 Year Credit Bond | 209.48 | 9,636.08 | 2.22% |
| JNK | SPDR Barclays Capital High Yield Bond | 94.87 | 12,179.98 | 0.79% |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | 85.08 | 1,941.89 | 4.58% |
| XLP | Consumer Staples Select SPDR | 75.59 | 5,565.29 | 1.38% |
| TLT | iShares Barclays 20+ Year Treasury Bond | 70.29 | 3,034.19 | 2.37% |
| SHY | iShares Barclays 1-3 Year Treasury Bond | 67.54 | 10,908.36 | 0.62% |
| RWX | SPDR Dow Jones International Real Estate | 63.19 | 2,781.80 | 2.32% |
| IEF | iShares Barclays 7-10 Year Treasury Bond | 52.74 | 4,725.06 | 1.13% |
| IEI | iShares Barclays 3-7 Year Treasury Bond | 48.91 | 2,922.25 | 1.70% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S'P 500 | -968.13 | 102,974.74 | -0.93% |
| IWM | iShares Russell 2000 | -652.46 | 14,261.38 | -4.37% |
| TIP | iShares Barclays TIPS Bond | -321.11 | 22,668.06 | -1.40% |
| QQQ | PowerShares QQQ | -175.83 | 32,693.96 | -0.53% |
| XLF | Financial Select SPDR | -166.33 | 6,799.62 | -2.39% |
| UWM | ProShares Ultra Russell 2000 | -108.05 | 182.69 | -37.16% |
| SSO | ProShares Ultra S'P 500 | -107.16 | 1,316.70 | -7.53% |
| XLY | Consumer Discretionary Select SPDR | -84.77 | 3,308.20 | -2.50% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond | -81.19 | 20,598.05 | -0.39% |
| MDY | SPDR S'P MidCap 400 | -67.81 | 9,529.76 | -0.71% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -2,345.02 | 545,656.18 | -0.43% |
| International Equity | 45.00 | 285,609.40 | 0.02% |
| U.S. Fixed Income | 167.20 | 200,900.89 | 0.08% |
| International Fixed Income | 38.97 | 16,167.33 | 0.24% |
| Commodities | -42.85 | 110,610.77 | -0.04% |
| Currency | 2.08 | 3,276.69 | 0.06% |
| Leveraged | 183.55 | 12,827.05 | 1.43% |
| Inverse | 2.89 | 20,241.18 | 0.01% |
| Asset Allocation | - | 1,139.33 | 0.00% |
| Alternatives | 92.43 | 4,328.74 | 2.14% |
| Total: | -1,855.76 | 1,200,757.55 | -0.15% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1-Day Volume | % of Average |
| CSMA | Credit Suisse Merger Arbitrage Liquid ETN | 26,681 | 265,329 | 994.43% |
| VONG | Vanguard Russell 1000 Growth | 11,020 | 82,012 | 744.19% |
| EMCB | WisdomTree Emerging Markets Corporate Bond | 15,285 | 108,952 | 712.82% |
| ACWV | iShares MSCI All Country World Minimum Volatility | 14,468 | 101,950 | 704.66% |
| BIK | SPDR S'P BRIC 40 | 123,106 | 779,831 | 633.46% |
| SCHO | Schwab Short-Term U. S. Treasury | 37,066 | 221,277 | 596.97% |
| IWY | iShares Russell Top 200 Growth | 49,280 | 291,188 | 590.89% |
| EXI | iShares S'P Global Industrials | 19,967 | 115,958 | 580.76% |
| DBV | PowerShares DB G10 Currency Harvest | 190,023 | 1,039,997 | 547.30% |
| SCJ | iShares MSCI Japan Small Cap | 9,831 | 50,353 | 512.18% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| DCNG | iPath Pure Beta Seasonal Natural Gas ETN | 3.92% | 1,900 | 2.17 |
| UNG | United States Natural Gas | 3.40% | 17,179,384 | 860.45 |
| BTAL | QuantShares U.S. Market Neutral Anti-Beta | 2.57% | 73,887 | 6.68 |
| COW | iPath Dow Jones-UBS Livestock Total Return ETN | 2.51% | 35,520 | 57.10 |
| UNL | United States 12 Month Natural Gas | 2.47% | 72,589 | 32.41 |
| VIIX | VelocityShares VIX Short Term ETN | 2.20% | 63,531 | 23.41 |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | 2.16% | 37,494,578 | 1,941.89 |
| VIXY | ProShares VIX Short-Term | 2.12% | 263,272 | 156.95 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | 1.73% | 45,343 | 7.52 |
| PEK | Market Vectors China | 1.55% | 8,100 | 17.22 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| RING | iShares MSCI Global Gold Miners | -4.28% | 47,528 | 19.84 |
| CSLS | Credit Suisse Long/Short Liquid ETN | -4.18% | 169,530 | 26.47 |
| GDX | Market Vectors Gold Miners | -3.90% | 19,129,914 | 7,792.67 |
| PSAU | PowerShares Global Gold and Precious Metals Portfolio | -3.86% | 2,951 | 37.31 |
| GLDX | Global X Gold Explorers | -3.62% | 71,350 | 28.83 |
| GDXJ | Market Vectors Junior Gold Miners | -3.42% | 3,752,486 | 2,054.02 |
| GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | -3.30% | 252,092 | 33.29 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | -3.24% | 39,079 | 31.09 |
| XSD | SPDR S'P Semiconductor | -3.21% | 435,538 | 35.33 |
| PTM | ETRACS CMCI Long Platinum Total Return ETN | -3.06% | 10,395 | 37.32 |
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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