Weekly ETF Flows: US Equities Lose $3.77B

ETF.com

Investors pulled more than $3.77 billion from U.S. equities ETFs in the past week, as a warning from the International Monetary Fund about risks to global growth fueled net outflows and a 1.8 percent pullback in the Dow Jones industrial average.

Overall net outflows were $3 billion and total U.S.-listed ETF assets fell by 1.3 percent to less than $1.298 trillion as of Thursday, Oct. 11, from $1.315 trillion in the prior week, according to data compiled by IndexUniverse. To put those figures in context, ETF assets reached a record of nearly $1.317 trillion on Friday, Oct. 5.

The IMF’s warning that the global economy might be at the risk of falling back into recession sparked a pullback in global markets—all the more so because it fretted that policymakers would have fewer ways to rekindle growth than they did at the time of the market collapse in September 2008. The Dow slipped 1.8 percent to close at 13,326.12 from 13,575.36 in the five-day period ended Oct. 4.

The least popular fund last week was the S'P 500 ETF (SPY), with redemptions of $2.29 billion. Even junk bonds got caught up in the selling SPDR Barclays Capital High Yield Bond ETF (JNK) and the iShares iBoxx $ High Yield Corporate Bond Fund (HYG) suffering outflows of $252.7 million and $230.4 million, respectively.

Last week’s most popular fund was the Energy Select Sector SPDR Fund (XLE), with creations $501.5 million.

Gold continued to get traction, with SPDR Gold Shares (GLD) pulling in $429.8 million in fresh assets. The world’s biggest fund now has more than $76 billion in assets.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
XLE Energy Select SPDR 501.54 7,866.55 6.81%
GLD SPDR Gold 429.75 76,231.12 0.57%
XOP SPDR S'P Oil ' Gas Exploration ' Production 219.25 953.53 29.86%
IWM iShares Russell 2000 206.16 17,563.58 1.19%
PCY PowerShares Emerging Markets Sovereign Debt 201.02 2,755.46 7.87%
XLF Financial Select SPDR 151.85 8,362.44 1.85%
XLY Consumer Discretionary Select SPDR 148.52 3,387.08 4.59%
VCSH Vanguard Short-Term Corporate Bond 128.43 4,302.47 3.08%
EFA iShares MSCI EAFE 127.10 36,564.53 0.35%
UNG United States Natural Gas 120.19 1,281.16 10.35%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S'P 500 -2,290.12 116,140.24 -1.93%
QQQ PowerShares QQQ -1,117.00 32,194.60 -3.35%
OEF iShares S'P 100 -697.14 4,306.50 -13.93%
DIA SPDR Dow Jones Industrial Average Trust -667.76 10,984.42 -5.73%
XLK Technology Select SPDR -594.95 9,823.61 -5.71%
TIP iShares Barclays TIPS Bond -550.62 22,680.32 -2.37%
JNK SPDR Barclays Capital High Yield Bond -252.73 12,036.76 -2.06%
HYG iShares iBoxx $ High Yield Corporate Bond -230.44 16,962.94 -1.34%
MDY SPDR S'P MidCap 400 -210.17 9,889.20 -2.08%
TLT iShares Barclays 20+ Year Treasury Bond -157.12 3,063.05 -4.88%


ETF Weekly Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity -3,773.89 592,494.58 -0.64%
International Equity 612.75 295,298.64 0.21%
U.S. Fixed Income 60.53 222,185.01 0.03%
International Fixed Income 420.20 22,257.72 1.89%
Commodities 571.54 124,593.51 0.46%
Currency -83.44 2,837.89 -2.94%
Leveraged -8.62 12,842.18 -0.07%
Inverse -116.35 19,022.53 -0.61%
Asset Allocation 14.81 2,243.72 0.66%
Alternatives 2.81 4,065.48 0.07%
Total: -2,299.66 1,297,841.27 -0.18%


Top 10 Volume Surprises, Funds '$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
PWB PowerShares Dynamic Large Cap Growth 113,842 2,460,872 432.33%
VOOV Vanguard S'P 500 Value 4,022 72,006 358.02%
PSCF PowerShares S'P SmallCap Financials 12,101 184,310 304.63%
IHI iShares Dow Jones U.S. Medical Devices 45,456 691,843 304.40%
SCHR Schwab Intermediate-Term U.S. Treasury 52,206 743,255 284.74%
OEF iShares S'P 100 1,024,363 14,004,758 273.43%
ACWX iShares MSCI ACWI ex US 411,802 5,424,573 263.46%
GXG Global X FTSE Colombia 20 377,156 4,964,685 263.27%
MCHI iShares MSCI China 301,898 3,945,191 261.36%
RXL ProShares Ultra Health Care 7,297 86,027 235.79%


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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
UNG United States Natural Gas 6.45% 46,010,406 1,281.16
GRN iPath Global Carbon ETN 6.33% 2,504 1.28
KOL Market Vectors Coal 5.38% 1,826,587 220.19
OLEM iPath Pure Beta Crude Oil ETN 5.10% 514,912 5.13
UNL United States 12 Month Natural Gas 4.80% 256,814 54.53
CHIM Global X China Materials 4.44% 64,952 2.40
DPU PowerShares DB Commodity Long ETN 3.97% 4,724 6.05
NAGS Teucrium Natural Gas 3.91% 76,146 5.32
PKOL PowerShares Global Coal 3.75% 13,245 9.86
TUR iShares MSCI Turkey Investable Market 3.57% 1,161,167 593.95

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
JO iPath Dow Jones-UBS Coffee Total Return ETN -8.30% 313,693 41.33
CAFE iPath Pure Beta Coffee ETN -7.71% 16,961 1.71
SSDD ETRACS ISE SSD ETN -7.04% 1,680 10.21
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -6.64% 179,139 4.85
TAN Guggenheim Solar -6.11% 120,642 43.79
JJN iPath Dow Jones-UBS Nickel Total Return ETN -5.82% 3,567 6.23
KWT Market Vectors Solar Energy -5.47% 6,816 10.29
GLDX Global X Gold Explorers -5.47% 227,828 39.16
SGG iPath Dow Jones-UBS Sugar Total Return ETN -5.45% 138,050 43.81
CANE Teucrium Sugar -5.34% 103,878 1.84

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
ITB iShares Dow Jones U.S. Home Construction 64.07 -4.52 1,383.16
EGPT Market Vectors Egypt 60.47 -1.11 54.32
BBH Market Vectors Biotech 49.08 -2.98 149.33
XHB SPDR S'P Homebuilders 45.89 -3.21 1,855.99
TUR iShares MSCI Turkey Investable Market 44.72 3.57 593.95
FBT First Trust NYSE Arca Biotechnology 40.81 -3.58 255.19
INCO EGShares India Consumer 39.46 -3.10 2.24
XBI SPDR S'P Biotech 39.44 -2.67 671.13
IBB iShares NASDAQ Biotechnology 37.25 -2.85 2,401.97
TAO Guggenheim China Real Estate 36.75 -2.25 35.89

Bottom 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
VXX iPath S'P 500 VIX Short-Term Futures ETN -75.37 1.19 1,626.22
VIIX VelocityShares VIX Short Term ETN -75.31 1.23 9.44
VIXY ProShares VIX Short-Term -75.28 1.52 164.03
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -74.45 -6.64 4.85
VXZ iPath S'P 500 VIX Mid-Term Futures ETN -47.05 -1.71 154.79
VIXM ProShares VIX Mid-term -46.62 -1.52 101.91
VIIZ VelocityShares VIX Mid Term ETN -46.28 -4.38 5.80
KWT Market Vectors Solar Energy -37.52 -5.47 10.29
TAN Guggenheim Solar -35.34 -6.11 43.79
JO iPath Dow Jones-UBS Coffee Total Return ETN -33.33 -8.30 41.33

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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