ETF Fund Flows: SPY Loses $1.51 Billion

ETF.com

Investors pulled $1.51 billion from the SPDR S'P 500 ETF (NYSEArca:SPY - News), making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list. Stocks ended their strongest quarter in more than two years, as the latest economic data showed stronger U.S. consumer spending and confidence.

Net outflows were $852.8 million, and total assets under management rose to $1.210 trillion on Friday, March 30 from $1.207 trillion on Thursday, March 29.

The Dow Jones industrial average rose 66.22 points, or 0.50 percent, to close at 13.212.04. Data showing U.S. consumer spending rose in February by the most in seven months helped boost the market’s performance. The S'P 500 rose 5.19 points, or 0.37 percent, to close at 1,408.47.

The No. 2 fund on IndexUniverse’s redemptions list was the Financial Select Sector SPDR Fund (NYSEArca:XLF - News), which had outflows of $273.3 million. The No. 3 fund on the list was the iShares Barclays TIPS Bond Fund (NYSEArca:TIP - News), which had outflows of $234.8 million.

U.S.-equity-focused ETFs had outflows of $684.7 million.

Creations

Investors meanwhile plowed $315.6 million into the Vanguard S'P 500 ETF (NYSEArca:VOO - News), making it No. 1 on IndexUniverse’s “Top 10 Creations” list.

The No. 2 fund on the creations list was the PowerShares QQQ Trust (NasdaqGM:QQQ - News), which had $216.2 million in inflows. The No. 3 fund on the list was the Energy Select Sector SPDR Fund (NYSEArca:XLE - News), which had $186.6 million in creations.

U.S.-focused fixed-income ETFs had inflows of $50.2 million.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
VOO Vanguard S'P 500 315.56 3,415.13 10%
QQQ PowerShares QQQ 216.16 35,676.53 1%
XLE Energy Select SPDR 186.58 7,884.27 2%
IVV iShares S'P 500 183.66 29,993.74 1%
VEA Vanguard MSCI EAFE 152.69 8,379.01 2%
XLI Industrial Select SPDR 95.40 2,790.04 4%
HYG iShares iBoxx $ High Yield Corporate Bond 72.22 14,508.00 1%
DEM WisdomTree Emerging Markets Equity Income 51.60 3,640.46 1%
IWS iShares Russell Midcap Value 48.14 3,222.97 2%
VXF Vanguard Extended Market 47.47 1,468.67 3%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S'P 500 -1,513.39 105,617.38 -1%
XLF Financial Select SPDR -273.34 7,395.98 -4%
TIP iShares Barclays TIPS Bond -234.76 22,231.77 -1%
EWG iShares MSCI Germany -208.98 3,078.97 -6%
XOP SPDR S'P Oil ' Gas Exploration ' Production -142.33 925.11 -13%
EWZ iShares MSCI Brazil -58.43 9,247.85 -1%
SLV iShares Silver -53.53 10,090.97 -1%
VXX iPath S'P 500 VIX Short-Term Futures ETN -53.38 1,800.11 -3%
XLY Consumer Discretionary Select SPDR -49.58 3,276.59 -1%
TZA Direxion Daily Small Cap Bear 3x -49.56 744.46 -6%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity -684.69 553,220.42 -0.12%
International Equity 26.13 291,986.92 0.01%
U.S. Fixed Income 50.18 193,311.17 0.03%
International Fixed Income -2.80 14,632.66 -0.02%
Commodities -120.96 114,430.64 -0.11%
Currency - 3,293.61 0.00%
Leveraged -0.45 13,810.33 -0.00%
Inverse -73.55 20,550.20 -0.36%
Asset Allocation - 1,089.03 0.00%
Alternatives -46.62 4,262.97 -1.09%
Total: -852.76 1,210,587.95 -0.07%


Top 10 Volume Surprises, Funds '$50 mm AUM

Ticker Name Average Volume
(30 Day)
1-Day Volume % of Average
MCRO IQ Hedge Macro Tracker 21,442 461,026 2150%
IFGL iShares FTSE EPRA/NAREIT Developed Real Estate ex-US. 46,139 373,894 810%
MCHI iShares MSCI China 193,176 1,387,460 718%
VCR Vanguard Consumer Discretionary 63,236 449,376 711%
IGM iShares S'P North American Technology 35,766 169,772 475%
CSMA Credit Suisse Merger Arbitrage Liquid ETN 10,313 45,795 444%
HGI Guggenheim International Multi-Asset Income 25,422 105,849 416%
IYZ iShares Dow Jones Telecommunications 308,017 1,172,313 381%
GSC GS Connect S'P GSCI Enhanced Commodity Total Return Strategy ETN 12,908 44,839 347%
XVZ iPath S'P Dynamic VIX ETN 25,455 87,824 345%


Top 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 8.26% 383,553 32.37
JJG iPath Dow Jones UBS Grains Total Return ETN 6.04% 129,353 180.88
GRU ELEMENTS MLCX Grains - Total Return ETN 5.79% 126,080 15.55
WEAT Teucrium Wheat 5.19% 10,040 6.00
CORN Teucrium Corn 4.44% 118,209 65.81
JJA iPath Dow Jones UBS Agriculture Total Return ETN 4.30% 22,767 136.05
UAG ETRACS CMCI Agriculture Total Return ETN 4.06% 3,300 14.08
SCIN EGShares India Small Cap 4.02% 10,889 26.62
SCIF Market Vectors India Small-Cap 3.68% 87,872 55.29
INDA iShares MSCI India 3.54% 4,700 19.85

Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
CHIM Global X China Materials -5.50% 1,292 2.68
VXCC ETRACS 3-Month S'P 500 VIX Futures ETN -3.85% 1,300 6.40
CVRT PowerShares Convertible Securities -3.33% 18,128 9.60
GRN iPath Global Carbon ETN -3.01% 2,072 1.24
VIXY ProShares VIX Short-Term -2.72% 308,049 125.32
VXX iPath S'P 500 VIX Short-Term Futures ETN -2.67% 44,235,952 1,800.11
ZROZ PIMCO 25+ Year Zero Coupon U.S. Treasury -2.57% 66,499 64.08
VIIX VelocityShares VIX Short Term ETN -2.43% 123,398 34.28
EDV Vanguard Extended Duration Treasury -1.97% 18,076 160.68
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -1.79% 69,774 8.25

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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