Weekly ETF Fund Flows: SPY Adds $7.94 Billion

IndexUniverse.com

Investors plowed almost $8 billion into the SPDR S'P 500 ETF (SPY - News) in the past week, as markets gyrated with the tortured tale that is the eurozone, but somehow ended higher. Including the market’s movements, total ETF assets rose about 1.5 percent to almost $1.160 billion.

A number of bond funds also made it onto IndexUniverse’s top creations list – a fitting piece of a flows tale that has been dominated by flight-to quality concerns among investors in the grips of the idea that they may have a ringside seat to the end of the eurozone as we know it. Parliamentary elections this Sunday, June 17 in Greece should provide an important indication of which way things are heading.

The bond ETFs that made it onto IndexUniverse’s weekly “Top 10 Redemptions” and their inflows were:

  • iShares Barclays Intermediate Credit Bond Fund (CIU - News), $737.1 million
  • iShares iBoxx $ Investment Grade Corporate Bond Fund (LQD - News), $706.2 million
  • iShares Barclays 1-3 Year Credit Bond Fund (CSJ - News), $156.5 million

SPY was the single-biggest piece of net inflows that totaled $12.81 billion in the five trading days ended June 14, according to data compiled by IndexUniverse. U.S. equities gathered $10.38 billion, while U.S. fixed-income funds picked up $2.19 billion.

SPDR Gold Shares (GLD - News), the world’s biggest bullion ETF, pulled in $156.6 million, lifting its assets to more than $66 billion as gold again crossed the $1,600 a troy ounce threshold.

The gold market has been revived in recent week amid speculation that the Federal Reserve may again soon begin buying bonds to prop up the economy – a policy broadly viewed as dollar-weakening.

Bond Fund Redemptions

While the mega-cap iShares FTSE China 25 Index Fund (FXI - News) was the least-popular ETF of the past week, bleeding $270.0 million in assets, a few bond funds were also on the “Top 10 Redemptions” list.

That might be a reflection of renewed interest in gold, as the safe-haven allure of U.S. government debt starts to again share the limelight with the yellow metal.

Among those funds that suffered redemptions were the iShares Barclays 20+ Year Treasury Bond Fund (TLT - News) and the iShares Barclays 1-3 Year Treasury Bond Fund (SHY - News).

TLT and SHY bled $113.8 million and $84.4 million in assets, respectively.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S'P 500 7,938.42 103,819.18 8.28%
QQQ PowerShares QQQ 1,132.03 31,905.98 3.68%
CIU iShares Barclays Intermediate Credit Bond 737.13 5,463.86 15.60%
LQD iShares iBoxx $ Investment Grade Corporate Bond 706.18 22,054.19 3.31%
XLU Utilities Select SPDR 411.07 6,747.26 6.49%
XLP Consumer Staples Select SPDR 326.15 5,970.92 5.78%
MDY SPDR S'P MidCap 400 231.20 9,316.01 2.54%
XLY Consumer Discretionary Select SPDR 179.07 3,273.69 5.79%
GLD SPDR Gold 156.59 66,253.23 0.24%
CSJ iShares Barclays 1-3 Year Credit Bond 156.53 9,674.17 1.64%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
FXI iShares FTSE China 25 -269.96 4,924.08 -5.20%
XLF Financial Select SPDR -210.17 5,757.18 -3.52%
XRT SPDR S'P Retail -158.08 820.68 -16.15%
XLE Energy Select SPDR -145.41 6,629.48 -2.15%
VTV Vanguard Value -126.01 5,668.14 -2.17%
TLT iShares Barclays 20+ Year Treasury Bond -113.83 3,905.07 -2.83%
IBB iShares NASDAQ Biotechnology -109.57 1,799.84 -5.74%
DIA SPDR Dow Jones Industrial Average Trust -89.07 11,228.38 -0.79%
DVY iShares Dow Jones Select Dividend -86.23 10,170.32 -0.84%
SHY iShares Barclays 1-3 Year Treasury Bond -84.39 11,349.11 -0.74%


ETF Weekly Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 10,381.56 530,558.42 1.96%
International Equity -437.12 255,900.68 -0.17%
U.S. Fixed Income 2,187.72 209,272.81 1.05%
International Fixed Income 207.64 16,513.84 1.26%
Commodities 402.01 106,451.54 0.38%
Currency -34.71 3,093.34 -1.12%
Leveraged -50.89 12,657.79 -0.40%
Inverse 101.92 19,367.02 0.53%
Asset Allocation 5.38 1,871.21 0.29%
Alternatives 43.93 4,111.91 1.07%
Total: 12,807.45 1,159,798.58 1.10%


Top 10 Volume Surprises, Funds '$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
IWL iShares Russell Top 200 28,884 741,881 513.69%
DLN WisdomTree LargeCap Dividend 192,673 3,053,270 316.94%
GSC GS Connect S'P GSCI Enhanced Commodity Total Return Strategy ETN 28,678 389,754 271.82%
PZT PowerShares Insured New York Municipal Bond 34,960 467,947 267.70%
VOOG Vanguard S'P 500 Growth 11,322 128,942 227.77%
FTY iShares FTSE NAREIT Real Estate 50 25,951 289,409 223.05%
GRI Cohen ' Steers Global Realty Majors 8,452 90,568 214.32%
PSCF PowerShares S'P SmallCap Financials 10,410 106,338 204.29%
TOK iShares MSCI Kokusai 1,947 19,688 202.26%
TLO SPDR Barclays Capital Long Term Treasury 22,538 224,484 199.21%


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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GREK Global X FTSE Greece 20 19.15% 146,064 4.27
UNG United States Natural Gas 10.88% 58,901,795 1,001.15
DPU PowerShares DB Commodity Long ETN 10.66% 7,739 5.95
GWO ELEMENTS Credit Suisse Global Warming ETN 10.00% 17,900 2.86
GRN iPath Global Carbon ETN 8.62% 5,104 1.20
OGEM EG Shares Energy GEMS 5.95% 4,551 9.59
FGEM EGShares Financials GEMS 5.40% 6,750 3.60
EIPO ETRACS Next Generation Internet ETN 5.31% 216,983 5.95
NAGS Teucrium Natural Gas Fund 4.63% 2,350 3.37
TUR iShares MSCI Turkey Investable Market 4.58% 660,561 375.29

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
EEHB PowerShares S'P Emerging Markets High Beta -9.83% 2,650 2.03
VXAA ETRACS 1-Month S'P 500 VIX Futures ETN -8.89% 3,900 4.81
VXBB ETRACS 2-Month S'P 500 VIX Futures ETN -6.81% 8,400 6.21
IDXJ Market Vectors Indonesia Small Cap -5.75% 4,660 4.11
JO iPath Dow Jones-UBS Coffee Total Return ETN -4.66% 60,607 23.74
EFNL iShares MSCI Finland Capped Investable Market -4.53% 6,083 2.09
TSXV Global X S'P/TSX Venture 30 Canada -4.51% 14,314 1.82
ARGT Global X FTSE Argentina 20 -4.17% 4,006 2.70
CARZ First Trust NASDAQ Global Auto -4.04% 15,526 4.79
RWG Columbia Large-Cap Growth Strategy -4.00% 2,200 6.93

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
KOLD ProShares UltraShort DJ- UBS Natural Gas 111.85 20.83 13.16
RETL Direxion Daily Retail Bull 3X Shares 50.31 2.76 8.77
XIV VelocityShares Daily Inverse VIX Short Term ETN 42.24 -1.49 235.36
SVXY ProShares Short VIX Short-Term Futures 41.53 -1.75 22.31
GASX Direxion Daily Natural Gas Related Bear 3X Shares 39.58 2.26 2.66
AAVX ETRACS Daily Short 1-Month S'P 500 VIX Futures ETN 36.91 -4.93 11.87
TQQQ ProShares UltraPro QQQ 35.34 0.24 198.23
BIB ProShares Ultra NASDAQ Biotech 35.05 0.84 23.85
SCO ProShares UltraShort DJ-UBS Crude Oil 34.35 -0.46 87.47
ITLT PowerShares DB 3X Italian Treasury Bond Futures ETN 33.15 -10.60 29.14

Bottom 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
UVXY ProShares Ultra VIX Short-Term Futures -77.21 -3.21 274.52
TVIX VelocityShares Daily 2X VIX Short Term ETN -75.71 -2.39 376.38
BOIL ProShares Ultra DJ-UBS Natural Gas -69.83 -18.13 54.24
GASL Direxion Daily Natural Gas Related Bull 3X Shares -51.08 -4.45 23.23
CVOL C-Tracks Exchange-Traded Notes on the Citi Volatility -50.76 0.84 10.49
FOL FactorShares 2X:Oil Bull/S'P 500 Bear -46.43 -7.75 1.18
VIXY ProShares VIX Short-Term -45.72 -0.77 147.02
VXX iPath S'P 500 VIX Short-Term Futures ETN -45.60 -0.68 1,682.93
VIIX VelocityShares VIX Short Term ETN -45.51 -0.59 31.10
VXAA ETRACS 1-Month S'P 500 VIX Futures ETN -44.06 -8.89 4.81

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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