Weekly ETF Flows: Bond ETF ‘IEI’ Nets $2.27B

ETF.com

Investors plowed $2.27 billion into the iShares Barclays 3-7 Year Treasury Bond Fund (IEI) in the past week, the latest development in a fixed-income flows story involving the ETF in connection with expectations surrounding the Fed’s plans to begin winding down its five years of ultra-loose monetary policy.

IEI has pulled in assets only to lose them almost as quickly , and the ProShares Ultra 7-10 Year Treasury ETF (UST), a double-exposure fund with a bit more duration than IEI, has been part of the conspicuous yield-curve posturing of the past few months as well. Indeed, in the past week, UST again went from having almost no assets to almost $667 million in the span of five trading days.

Overall, total assets in U.S.-listed ETFs rose almost 1 percent to $1.448 trillion, according to data compiled by IndexUniverse. A small part of the asset increase was attributable to the S'P 500 Index’s 2.21-point increase to 1,615.41 in the week ended Wednesday, July 3. U.S. and international fixed-income funds made up more than half of the $7.57 billion in total inflows.

That move didn’t include the S'P’s 1 percent move on Friday, July 5, in the wake of the latest U.S. payrolls data, showing that 195,000 jobs were created in June, exceeding analysts’ expectations, and fueling further speculation that the Federal Reserve is likely to start ending its quantitative easing sometime this year. Ten-year Treasurys rose to a two-year high of 2.70 on the news.

Last week’s least popular exchange-traded fund was the ProShares Ultra S'P 500 ETF (SSO), a double-exposure fund that bled $1.13 billion, or more than 40 percent of its assets.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IEI iShares Barclays 3-7 Year Treasury Bond 2,269.50 4,570.36 98.64%
IWM iShares Russell 2000 870.14 22,606.07 4.00%
UST ProShares Ultra 7-10 Year Treasury 666.83 688.34 3,100.75%
EEM iShares MSCI Emerging Markets 540.55 34,126.40 1.61%
XLF Financial Select SPDR 499.07 14,915.84 3.46%
DXJ WisdomTree Japan Hedged Equity 451.42 10,475.68 4.50%
XLE Energy Select SPDR 347.97 8,074.50 4.50%
XLK Technology Select SPDR 296.18 10,563.25 2.88%
QQQ PowerShares QQQ 286.98 34,299.40 0.84%
VTI Vanguard Total Stock Market 275.66 31,125.32 0.89%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SSO ProShares Ultra S'P 500 -1,134.82 1,468.34 -43.59%
IVV iShares Core S'P 500 -1,087.25 41,952.68 -2.53%
IYR iShares Dow Jones U.S. Real Estate -581.01 4,175.93 -12.21%
XLV Health Care Select SPDR -354.88 6,652.64 -5.06%
IDU iShares Dow Jones U.S. Utilities -326.88 709.08 -31.55%
TLT iShares Barclays 20+ Year Treasury Bond -231.56 4,093.86 -5.35%
GLD SPDR Gold -193.28 38,749.43 -0.50%
EWT iShares MSCI Taiwan -153.33 2,489.45 -5.80%
TNA Direxion Daily Small Cap Bull 3x -142.23 532.56 -21.08%
TIP iShares Barclays TIPS Bond -134.54 15,954.68 -0.84%


ETF Weekly Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 3,246.69 749,860.96 0.43%
International Equity 1,511.23 324,904.60 0.47%
U.S. Fixed Income 3,116.94 229,590.73 1.36%
International Fixed Income 438.07 26,188.74 1.67%
Commodities -149.05 73,069.88 -0.20%
Currency -7.77 2,266.18 -0.34%
Leveraged -597.95 15,349.55 -3.90%
Inverse -235.34 20,307.20 -1.16%
Asset Allocation 24.39 3,534.84 0.69%
Alternatives 220.61 3,124.99 7.06%
Total: 7,567.83 1,448,197.66 0.52%


Top 10 Volume Surprises, Funds '$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
FXU First Trust Utilities AlphaDEX 260,630 4,958,242 380.48%
IDU iShares Dow Jones U.S. Utilities 362,477 6,785,148 374.38%
EQL ALPS Equal Weight 22,122 381,297 344.72%
FXR First Trust Industrials/Producer Durables AlphaDEX 156,634 2,477,639 316.36%
IEI iShares Barclays 3-7 Year Treasury Bond 1,422,158 21,655,637 304.55%
FXN First Trust Energy AlphaDEX 106,865 1,615,611 302.36%
KBWB PowerShares KBW Bank 158,834 2,350,061 295.91%
EUSA iShares MSCI USA 42,976 600,862 279.63%
IYJ iShares Dow Jones U.S. Industrial 184,317 2,431,246 263.81%
FXZ First Trust Materials AlphaDEX 119,374 1,529,713 256.29%


Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
EGPT Market Vectors Egypt 14.14% 332,460 30.61
GLDX Global X Gold Explorers 13.02% 248,336 24.78
SIL Global X Silver Miners 11.14% 907,531 182.59
SLVP iShares MSCI Global Silver Miners 10.02% 35,415 4.55
GDXJ Market Vectors Junior Gold Miners 9.53% 6,826,162 1,211.27
TDD db X-trackers 2010 Target Date 9.17% 3,947 9.78
ICOL iShares MSCI Colombia Capped 9.13% 2,700 11.97
GDX Market Vectors Gold Miners 8.82% 163,952,043 5,826.16
PALL ETFS Physical Palladium 8.58% 392,069 545.89
PSAU PowerShares Global Gold and Precious Metals 8.27% 121,340 18.40

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
CVOL C-Tracks Citi Volatility ETN -11.14% 30,092 2.66
EWZS iShares MSCI Brazil Small Cap -8.77% 95,480 35.77
VIXY ProShares VIX Short-Term -7.25% 2,092,063 169.82
VXX iPath S'P 500 VIX Short-Term Futures ETN -7.20% 171,246,408 1,124.16
VIIX VelocityShares VIX Short Term ETN -7.18% 1,959,963 22.51
BRF Market Vectors Brazil Small-Cap -7.12% 635,139 238.48
CORN Teucrium Corn -6.70% 508,589 38.15
GBB iPath GBP/USD Exchange Rate ETN -5.68% 5,566 2.86
SGG iPath Dow Jones-UBS Sugar Total Return ETN -5.49% 40,228 28.04
SGAR iPath Pure Beta Sugar ETN -5.37% 1,100 2.11

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
QCLN First Trust NASDAQ Clean Edge Green Energy 56.02 3.96 51.91
TAN Guggenheim Solar 52.37 2.76 115.70
GEX Market Vectors Global Alternative Energy 39.76 3.35 73.06
PBW PowerShares WilderHill Clean Energy 34.08 3.64 174.03
BBH Market Vectors Biotech 33.83 4.69 300.76
KWT Market Vectors Solar Energy 33.44 0.77 14.37
DBJP db X-trackers MSCI Japan Hedged Equity 33.39 7.42 131.44
PBE PowerShares Dynamic Biotech ' Genome 31.67 4.77 166.61
IAI iShares Dow Jones U.S. Broker-Dealers 31.27 1.15 125.06
IBB iShares NASDAQ Biotechnology 30.32 3.35 3,190.87

Bottom 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
GLDX Global X Gold Explorers -55.54 13.02 24.78
CVOL C-Tracks Citi Volatility ETN -55.15 -11.14 2.66
GDXJ Market Vectors Junior Gold Miners -54.28 9.53 1,211.27
GGGG Global X PURE Gold Miners -51.24 7.43 3.04
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) -51.04 6.61 1.48
RING iShares MSCI Global Gold Miners -48.78 7.52 26.76
SIL Global X Silver Miners -48.04 11.14 182.59
GDX Market Vectors Gold Miners -47.88 8.82 5,826.16
PSAU PowerShares Global Gold and Precious Metals -47.72 8.27 18.40
SLVP iShares MSCI Global Silver Miners -47.30 10.02 4.55

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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