Weekly ETF Fund Flows: BSV Adds $1.24B

IndexUniverse.com

Investors plowed more than $11 billion into U.S.-listed exchange-traded funds in the past week, with a healthy piece of that devoted to income-focused strategies at a time when signs of an improving macroeconomic picture are creating worry that longer-dated bonds may lose value.

Total assets invested in U.S.-listed ETFs rose to almost $1.468 trillion in the five-day period ended Thursday, March 14—a 1.5 percent increase over the $1.446 trillion in the prior week, according to data compiled by IndexUniverse. The S'P 500 Index meanwhile rose a bit more than 1 percent.

The Nos. 2 and 3 funds on the creations list were the Vanguard Short-Term Bond ETF (BSV) and the Vanguard High Dividend Yield ETF (VYM), which gathered $1.24 billion and $1.10 billion, respectively.

The prominence of the two funds suggest that investors may be shoring up the income-producing portions of their portfolios with both short-dated bonds and dividend-paying stocks to protect themselves from the vagaries of owning longer-dated bonds should the bond prices begin to fall as official interest rates start climbing.

Topping the redemptions list were the world’s two biggest equities funds focused on the developing markets:the iShares MSCI Emerging Markets Index Fund (EEM) and the Vanguard FTSE Emerging Markets Index ETF (VWO).

EEM lost $840.4 million and VWO had redemptions of $614.2 million.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S'P 500 4,699.97 135,799.70 3.59%
BSV Vanguard Short-Term Bond 1,236.28 11,259.03 12.33%
VYM Vanguard High Dividend Yield 1,101.24 6,303.15 21.17%
DXJ WisdomTree Japan Hedged Equity 447.03 5,172.00 9.46%
MDY SPDR S'P MidCap 400 402.84 11,677.77 3.57%
IWM iShares Russell 2000 348.84 20,761.56 1.71%
XLF Financial Select SPDR 334.74 11,434.39 3.02%
EWJ iShares MSCI Japan 329.65 6,847.63 5.06%
HDV iShares High Dividend Equity 316.30 2,876.54 12.35%
VEA Vanguard MSCI EAFE 313.35 12,637.09 2.54%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
EEM iShares MSCI Emerging Markets -840.40 48,773.03 -1.69%
VWO Vanguard FTSE Emerging Markets -614.18 59,773.16 -1.02%
FXI iShares FTSE China 25 -515.62 7,104.56 -6.77%
GLD SPDR Gold -321.16 63,026.02 -0.51%
TIP iShares Barclays TIPS Bond -300.28 20,686.45 -1.43%
JNK SPDR Barclays High Yield Bond -296.53 12,013.77 -2.41%
SHV iShares Barclays Short Treasury Bond -176.33 2,821.63 -5.88%
XLU Utilities Select SPDR -163.44 5,747.14 -2.77%
TBT ProShares UltraShort 20+ Year Treasury -130.15 3,346.09 -3.74%
EMB iShares J.P. Morgan USD Emerging Markets Bond -129.89 5,832.59 -2.18%


ETF Weekly Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 9,890.12 702,077.91 1.41%
International Equity 127.24 359,654.65 0.04%
U.S. Fixed Income 1,410.64 229,891.46 0.61%
International Fixed Income -132.94 26,957.62 -0.49%
Commodities -364.63 107,865.55 -0.34%
Currency -40.90 2,759.36 -1.48%
Leveraged 331.53 14,058.64 2.36%
Inverse -18.53 18,160.10 -0.10%
Asset Allocation 57.70 2,998.58 1.92%
Alternatives 185.23 3,328.06 5.57%
Total: 11,445.47 1,467,751.94 0.78%


Top 10 Volume Surprises, Funds '$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
TDTT FlexShares iBoxx 3-Year Target Duration TIPS 525,077 12,022,977 457.95%
TOK iShares MSCI Kokusai 32,498 652,033 401.27%
SHV iShares Barclays Short Treasury Bond 381,251 6,697,862 351.36%
SHM SPDR Nuveen Barclays Short Term Municipal Bond 809,316 13,548,786 334.82%
EFV iShares MSCI EAFE Value 328,614 5,289,046 321.90%
KCE SPDR S'P Capital Markets 52,490 807,299 307.60%
BWZ SPDR Barclays Short Term International Treasury Bond 45,093 690,682 306.34%
AUNZ WisdomTree Australia ' New Zealand Debt 48,670 734,580 301.86%
IWY iShares Russell Top 200 Growth 39,897 596,122 298.83%
GMM SPDR S'P Emerging Markets 25,710 355,758 276.75%


Top 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 8.14% 700,390 40.30
SMIN iShares MSCI India Small Cap 6.80% 20,013 4.60
UNG United States Natural Gas 6.75% 18,014,150 1,065.15
GLDX Global X Gold Explorers 5.72% 677,165 36.58
BAL iPath Dow Jones-UBS Cotton Total Return ETN 5.57% 140,650 48.20
VIXH First Trust CBOE S'P 500 VIX Tail Hedge 5.11% 11,280 6.27
FCG First Trust ISE-Revere Natural Gas 5.03% 3,884,014 433.87
CHOC iPath Pure Beta Cocoa ETN 4.94% 5,112 4.79
GASZ ETRACS Natural Gas Futures Contango ETN 4.55% 93,966 11.86
UNL United States 12 Month Natural Gas 4.39% 279,150 47.38

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
VIXY ProShares VIX Short-Term -6.44% 10,555,326 170.74
VIIX VelocityShares VIX Short Term ETN -6.42% 2,945,984 21.07
KWT Market Vectors Solar Energy -6.40% 53,279 12.23
VXX iPath S'P 500 VIX Short-Term Futures ETN -6.38% 247,469,801 1,269.78
TAN Guggenheim Solar -5.97% 916,363 68.93
CHII Global X China Industrials -5.52% 21,005 4.74
CHXX EGShares China Infrastructure -4.77% 27,896 13.34
ECNS iShares MSCI China Small Cap -4.24% 71,456 33.85
CHIM Global X China Materials -4.05% 2,973 2.54
HAO Guggenheim China Small Cap -3.97% 4,382,274 340.48

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
FAA Guggenheim Airline 24.25 3.86 23.83
IDXJ Market Vectors Indonesia Small Cap 23.03 -3.88 5.36
KBWC PowerShares KBW Capital Markets 22.95 1.54 10.07
XTN SPDR S'P Transportation 21.98 4.34 36.15
IAI iShares Dow Jones U.S. Broker-Dealers 21.88 1.55 95.04
SPGH ETRACS S'P 500 Gold Hedged ETN 21.34 1.04 19.68
QCLN First Trust NASDAQ Clean Edge Green Energy 21.20 1.26 25.85
KBWI PowerShares KBW Insurance 19.90 2.38 2.56
BAL iPath Dow Jones-UBS Cotton Total Return ETN 19.76 5.57 48.20
PXE PowerShares Dynamic Energy Exploration ' Production 19.32 1.16 117.31

Bottom 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
CVOL C-Tracks Citi Volatility ETN -48.59 -3.05 2.29
GRN iPath Global Carbon ETN -37.31 2.13 0.54
VIIX VelocityShares VIX Short Term ETN -35.62 -6.42 21.07
VXX iPath S'P 500 VIX Short-Term Futures ETN -35.46 -6.38 1,269.78
VIXY ProShares VIX Short-Term -35.10 -6.44 170.74
GLDX Global X Gold Explorers -24.33 5.72 36.58
VXZ iPath S'P 500 VIX Mid-Term Futures ETN -22.83 0.42 56.71
VIXM ProShares VIX Mid-term -22.71 0.19 64.58
VIIZ VelocityShares VIX Mid Term ETN -22.59 0.71 3.87
SIL Global X Silver Miners -20.18 0.17 275.87

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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