Investors poured more than $1.4 billion into fixed income exchange-traded funds in the past week, as they flocked to the safety of bonds, while equities markets struggled with heightened concerns over the stability of the debt-laden eurozone, particularly as it relates to Greece and Spain.
Funds like Vanguard Total Bond Market ETF (BND - News) and the iShares Barclays 20+ Year Treasury Bond Fund (TLT - News) were among the most popular funds this week. Flows into each ETF amounted to 4 percent and 6.5 percent, respectively, of their assets at the start of the five-trading-day period. Flows were measured through the week ended on Thursday, May 24.
That's not to say that investors shunned equities. On the contrary, U.S. equities ETFs reeled in a net of $795 million in new assets in the past week, with funds like the SPDR S'P 500 ETF (SPY - News) leading the charge with inflows of $1.76 billion. Investors, did, however, get out of international equities to the tune of $389 million.
All in all, taking into account market action, total U.S.-listed ETF assets inched higher to $1.135 trillion, barely higher than a week earlier.
Among the largest redemptions in the week was the Energy Select SPDR Fund (XLE - News). It had outflows of more than $1.14 billion, which amounted to almost 18 percent of its assets at the start of the five-day period. The iShares S'P SmallCap 600 Value ETF (IJS - News) lost $365 million to redemptions, also almost 18 percent of its assets as of the start of the week.
Even gold, often thought as a safe haven in times of economic uncertainty, wasn't spared in a week marked by a flock to fixed income. The SPDR Gold Shares (GLD - News), the world's largest physical gold ETF, was the third-least-popular fund in the past week, shedding $433 million, or 0.67 percent of its total assets at the start of the week.
All told, investors yanked more than $752 million out of commodities ETFs.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S'P 500 | 1,764.91 | 95,812.29 | 1.88% |
| BND | Vanguard Total Bond Market | 646.86 | 16,816.30 | 4.00% |
| XLF | Financial Select SPDR | 645.53 | 5,681.98 | 12.82% |
| XLI | Industrial Select SPDR | 346.62 | 3,212.92 | 12.09% |
| IYR | iShares Dow Jones U.S. Real Estate | 316.47 | 3,954.21 | 8.70% |
| TLT | iShares Barclays 20+ Year Treasury Bond | 220.24 | 3,620.02 | 6.48% |
| OIH | Market Vectors Oil Services | 180.97 | 1,225.81 | 17.32% |
| XLY | Consumer Discretionary Select SPDR | 178.90 | 3,302.51 | 5.73% |
| XLB | Materials Select SPDR | 173.77 | 1,967.15 | 9.69% |
| SHY | iShares Barclays 1-3 Year Treasury Bond | 160.31 | 11,416.61 | 1.42% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| XLE | Energy Select SPDR | -1,143.14 | 5,290.58 | -17.77% |
| JNK | SPDR Barclays Capital High Yield Bond | -484.67 | 10,482.35 | -4.42% |
| GLD | SPDR Gold | -433.07 | 64,040.56 | -0.67% |
| QQQ | PowerShares QQQ | -423.05 | 30,304.77 | -1.38% |
| IJS | iShares S'P SmallCap 600 Value | -365.13 | 1,704.69 | -17.64% |
| IWM | iShares Russell 2000 | -340.01 | 13,699.66 | -2.42% |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | -323.64 | 1,794.30 | -15.28% |
| HYG | iShares iBoxx $ High Yield Corporate Bond | -256.15 | 14,195.42 | -1.77% |
| SDS | ProShares UltraShort S'P 500 | -159.85 | 1,890.28 | -7.80% |
| VGK | Vanguard European | -158.78 | 2,058.63 | -7.16% |
ETF Weekly Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 795.97 | 516,591.28 | 0.15% |
| International Equity | -388.96 | 252,963.31 | -0.15% |
| U.S. Fixed Income | 1,423.86 | 203,797.27 | 0.70% |
| International Fixed Income | 27.40 | 16,232.36 | 0.17% |
| Commodities | -752.77 | 104,187.04 | -0.72% |
| Currency | 19.14 | 3,162.74 | 0.61% |
| Leveraged | 339.59 | 12,388.22 | 2.74% |
| Inverse | -682.02 | 19,615.62 | -3.48% |
| Asset Allocation | -1.44 | 1,862.11 | -0.08% |
| Alternatives | -353.70 | 4,214.80 | -8.39% |
| Total: | 427.06 | 1,135,014.74 | 0.04% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1 Week Average Volume |
% of Average |
| IJS | iShares S'P SmallCap 600 Value | 484,491 | 9,102,283 | 375.75% |
| GRES | IQ Global Resources | 19,899 | 321,514 | 323.15% |
| DJCI | ETRACS DJ-Commodity Total Return ETN | 10,881 | 162,435 | 298.56% |
| IGOV | iShares S'P/Citigroup International Treasury Bond | 27,245 | 386,435 | 283.68% |
| MLPN | Credit Suisse Cushing 30 MLP ETN | 107,386 | 1,490,710 | 277.64% |
| SPHB | PowerShares S'P 500 High Beta | 81,606 | 1,131,829 | 277.39% |
| LVOL | Russell 1000 Low Volatility | 14,976 | 205,658 | 274.65% |
| JSC | SPDR Russell/Nomura Small Cap Japan | 5,081 | 68,658 | 270.26% |
| USL | United States 12 Month Oil | 47,002 | 629,741 | 267.96% |
| SPYG | SPDR 500 Growth | 12,169 | 160,805 | 264.29% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| GLDX | Global X Gold Explorers | 8.38% | 450,263 | 27.79 |
| GDX | Market Vectors Gold Miners | 7.96% | 109,365,815 | 8,313.07 |
| UBC | ETRACS CMCI Livestock Total Return ETN | 7.56% | 1,150 | 4.78 |
| GGGG | Global X PURE Gold Miners | 7.22% | 18,304 | 4.08 |
| TSXV | Global X S'P/TSX Venture 30 Canada | 6.42% | 14,449 | 2.32 |
| ITB | iShares Dow Jones U.S. Home Construction | 6.07% | 15,798,155 | 677.20 |
| CHIM | Global X China Materials | 6.02% | 7,428 | 2.21 |
| SIL | Global X Silver Miners | 5.51% | 1,545,983 | 278.46 |
| FAA | Guggenheim Airline | 5.43% | 58,079 | 14.91 |
| RING | iShares MSCI Global Gold Miners | 5.14% | 87,893 | 29.16 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | -13.28% | 1,382,082 | 38.35 |
| SSDD | ETRACS ISE SSD ETN | -9.03% | 3,688 | 10.55 |
| DPU | PowerShares DB Commodity Long ETN | -8.72% | 11,692 | 5.66 |
| BRAF | Global X Brazil Financials | -8.09% | 13,293 | 3.50 |
| EWAS | iShares MSCI Australia Small Cap | -8.00% | 1,590 | 2.18 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | -8.00% | 100,573 | 27.43 |
| BDG | PowerShares DB Base Metals Long ETN | -7.91% | 1,094 | 1.37 |
| GERJ | Market Vectors Germany Small-Cap | -7.68% | 1,595 | 4.73 |
| FKU | First Trust United Kingdom AlphaDEX | -6.98% | 2,370 | 4.23 |
| VGEM | EGShares Consumer Services GEMS | -6.89% | 7,255 | 0.92 |
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.
Permalink | ' Copyright 2012 IndexUniverse LLC. All rights reservedMore From IndexUniverse.com
