Investors bailed out of U.S. equities in the past week following last Friday’s dismal jobs report, but stocks staged enough of a comeback in subsequent sessions to lift overall ETF assets to $1.142 trillion from $1.137 trillion a week ago.
The SPDR S'P 500 ETF (SPY - News) bled $2.21 billion, making up the lion’s share of the $2.67 billion that came out of equity funds in the five trading days ended Thursday, June 7, according to data compiled by IndexUniverse.
Junk bonds continued to get swept up in the concern about global economic growth, with the iShares iBoxx $ High Yield Corporate Bond Fund (HYG - News) suffering outflows of $287.1 million.
However much the stock market retraced losses since the U.S. Department of Labor said the U.S. economy created far fewer jobs in May than analysts expected, financial markets remain very much on tenterhooks because of the turmoil in Europe. The market seems resigned to Greece’s exit from the eurozone, though the fates of banks in Spain and Italy are now very much in question.
Bond Funds Popular
Some of that investor anxiety was clearly reflected by the inflows into a number of bond funds.
For example, the Vanguard Short-Term Bond ETF (BSV - News) gathered $445.4 million in new assets, the iShares Barclays 20+ Year Treasury Bond Fund (TLT - News) pulled in $261.1 million and the Vanguard Total Bond Market ETF (BND - News) attracted $259.2 million.
Overall, U.S. fixed-income funds attracted $1.17 billion, though international fixed income suffered outflows of $193.1 million.
The most popular ETF in the past week was the PowerShares QQQ Trust (QQQ - News), which pulled in $1.1 billion.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| QQQ | PowerShares QQQ | 1,104.61 | 30,710.79 | 3.73% |
| IWM | iShares Russell 2000 | 912.19 | 14,464.71 | 6.73% |
| VWO | Vanguard MSCI Emerging Markets | 452.41 | 48,291.15 | 0.95% |
| BSV | Vanguard Short-Term Bond | 445.44 | 8,314.59 | 5.66% |
| IFGL | iShares FTSE EPRA/NAREIT Developed Real Estate ex-US. | 378.60 | 807.32 | 88.31% |
| XLE | Energy Select SPDR | 366.89 | 6,752.17 | 5.75% |
| XLF | Financial Select SPDR | 354.61 | 5,861.11 | 6.44% |
| TLT | iShares Barclays 20+ Year Treasury Bond | 261.03 | 3,980.80 | 7.02% |
| BND | Vanguard Total Bond Market | 259.15 | 17,233.07 | 1.53% |
| AGG | iShares Barclays Aggregate Bond | 245.26 | 15,419.24 | 1.62% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S'P 500 | -2,211.66 | 94,781.12 | -2.28% |
| VB | Vanguard Small-Cap | -950.81 | 3,992.02 | -19.24% |
| VO | Vanguard Mid-Cap | -525.10 | 3,487.81 | -13.09% |
| VBK | Vanguard Small-Cap Growth | -447.70 | 1,936.22 | -18.78% |
| TIP | iShares Barclays TIPS Bond | -445.24 | 23,016.96 | -1.90% |
| VTV | Vanguard Value | -440.79 | 5,706.65 | -7.17% |
| VBR | Vanguard Small-Cap Value | -355.89 | 1,900.85 | -15.77% |
| VUG | Vanguard Growth | -352.85 | 7,133.47 | -4.71% |
| HYG | iShares iBoxx $ High Yield Corporate Bond | -287.05 | 13,816.95 | -2.04% |
| EMB | iShares JPMorgan USD Emerging Markets Bond | -273.72 | 4,286.59 | -6.00% |
ETF Weekly Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -2,665.11 | 516,356.57 | -0.52% |
| International Equity | 377.85 | 255,960.12 | 0.15% |
| U.S. Fixed Income | 1,174.35 | 206,734.68 | 0.57% |
| International Fixed Income | -193.06 | 16,256.56 | -1.19% |
| Commodities | 343.03 | 105,887.50 | 0.32% |
| Currency | -4.80 | 3,125.08 | -0.15% |
| Leveraged | 117.09 | 12,500.00 | 0.94% |
| Inverse | -97.20 | 19,570.14 | -0.50% |
| Asset Allocation | -0.20 | 1,858.68 | -0.01% |
| Alternatives | -63.15 | 4,063.10 | -1.55% |
| Total: | -1,011.21 | 1,142,312.43 | -0.09% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1 Week Average Volume |
% of Average |
| IFGL | iShares FTSE EPRA/NAREIT Developed Real Estate ex-US. | 596,140 | 16,639,877 | 558.25% |
| ISI | iShares S'P 1500 | 33,030 | 673,553 | 407.84% |
| EQIN | Russell Equity Income | 5,440 | 100,400 | 369.10% |
| RXI | iShares S'P Global Consumer Discretionary | 28,275 | 488,331 | 345.41% |
| TLO | SPDR Barclays Capital Long Term Treasury | 15,734 | 268,475 | 341.27% |
| SCHR | Schwab Intermediate-Term U.S. Treasury | 50,750 | 863,459 | 340.28% |
| RCD | Guggenheim S'P Equal Weight Consumer Discretionary | 12,309 | 208,970 | 339.53% |
| SLYV | SPDR S'P SmallCap 600 Value Index | 16,204 | 248,234 | 306.39% |
| FXR | First Trust Industrials/Producer Durables AlphaDEX | 80,730 | 1,218,986 | 301.99% |
| AGOL | ETFS Physical Asian Gold | 530 | 7,821 | 295.28% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| VXAA | ETRACS 1-Month S'P 500 VIX Futures ETN | 11.10% | 2,700 | 5.28 |
| GGGG | Global X PURE Gold Miners | 10.50% | 103,196 | 4.36 |
| GDXJ | Market Vectors Junior Gold Miners | 7.92% | 31,853,223 | 2,244.79 |
| SIL | Global X Silver Miners | 7.51% | 1,348,943 | 291.62 |
| NIB | iPath Dow Jones-UBS Cocoa Total Return ETN | 7.05% | 83,638 | 23.88 |
| EWP | iShares MSCI Spain | 7.02% | 5,989,496 | 154.91 |
| EUFN | iShares MSCI-Europe Financials | 6.47% | 348,383 | 20.14 |
| SLVP | iShares MSCI Global Silver Miners | 6.43% | 44,390 | 1.96 |
| GLDX | Global X Gold Explorers | 6.39% | 453,689 | 30.90 |
| PLTM | First Trust ISE Global Platinum | 6.18% | 46,929 | 8.57 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| BARL | Morgan Stanley S'P 500 Oil Hedged ETN | -9.27% | 5,200 | 9.20 |
| EIPO | ETRACS Next Generation Internet ETN | -8.25% | 1,100 | 5.65 |
| GWO | ELEMENTS Credit Suisse Global Warming ETN | -7.14% | 4,200 | 2.60 |
| VIXY | ProShares VIX Short-Term | -6.78% | 4,743,911 | 147.10 |
| VIIX | VelocityShares VIX Short Term ETN | -6.75% | 3,117,207 | 31.28 |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | -6.53% | 289,765,088 | 1,646.70 |
| UNG | United States Natural Gas | -5.84% | 45,671,841 | 891.77 |
| GREK | Global X FTSE Greece 20 | -5.75% | 138,569 | 3.61 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -5.41% | 175,088 | 10.40 |
| FAA | Guggenheim Airline | -5.27% | 56,168 | 16.12 |
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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