ETF Fund Flows: SPY Loses $1.51 Billion
Investors pulled $1.51 billion from the SPDR S'P 500 ETF (NYSEArca:SPY - News), making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list. Stocks ended their strongest quarter in more than two years, as the latest economic data showed stronger U.S. consumer spending and confidence.
Net outflows were $852.8 million, and total assets under management rose to $1.210 trillion on Friday, March 30 from $1.207 trillion on Thursday, March 29.
The Dow Jones industrial average rose 66.22 points, or 0.50 percent, to close at 13.212.04. Data showing U.S. consumer spending rose in February by the most in seven months helped boost the market’s performance. The S'P 500 rose 5.19 points, or 0.37 percent, to close at 1,408.47.
The No. 2 fund on IndexUniverse’s redemptions list was the Financial Select Sector SPDR Fund (NYSEArca:XLF - News), which had outflows of $273.3 million. The No. 3 fund on the list was the iShares Barclays TIPS Bond Fund (NYSEArca:TIP - News), which had outflows of $234.8 million.
U.S.-equity-focused ETFs had outflows of $684.7 million.
Creations
Investors meanwhile plowed $315.6 million into the Vanguard S'P 500 ETF (NYSEArca:VOO - News), making it No. 1 on IndexUniverse’s “Top 10 Creations” list.
The No. 2 fund on the creations list was the PowerShares QQQ Trust (NasdaqGM:QQQ - News), which had $216.2 million in inflows. The No. 3 fund on the list was the Energy Select Sector SPDR Fund (NYSEArca:XLE - News), which had $186.6 million in creations.
U.S.-focused fixed-income ETFs had inflows of $50.2 million.
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
VOO | Vanguard S'P 500 | 315.56 | 3,415.13 | 10% |
QQQ | PowerShares QQQ | 216.16 | 35,676.53 | 1% |
XLE | Energy Select SPDR | 186.58 | 7,884.27 | 2% |
IVV | iShares S'P 500 | 183.66 | 29,993.74 | 1% |
VEA | Vanguard MSCI EAFE | 152.69 | 8,379.01 | 2% |
XLI | Industrial Select SPDR | 95.40 | 2,790.04 | 4% |
HYG | iShares iBoxx $ High Yield Corporate Bond | 72.22 | 14,508.00 | 1% |
DEM | WisdomTree Emerging Markets Equity Income | 51.60 | 3,640.46 | 1% |
IWS | iShares Russell Midcap Value | 48.14 | 3,222.97 | 2% |
VXF | Vanguard Extended Market | 47.47 | 1,468.67 | 3% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S'P 500 | -1,513.39 | 105,617.38 | -1% |
XLF | Financial Select SPDR | -273.34 | 7,395.98 | -4% |
TIP | iShares Barclays TIPS Bond | -234.76 | 22,231.77 | -1% |
EWG | iShares MSCI Germany | -208.98 | 3,078.97 | -6% |
XOP | SPDR S'P Oil ' Gas Exploration ' Production | -142.33 | 925.11 | -13% |
EWZ | iShares MSCI Brazil | -58.43 | 9,247.85 | -1% |
SLV | iShares Silver | -53.53 | 10,090.97 | -1% |
VXX | iPath S'P 500 VIX Short-Term Futures ETN | -53.38 | 1,800.11 | -3% |
XLY | Consumer Discretionary Select SPDR | -49.58 | 3,276.59 | -1% |
TZA | Direxion Daily Small Cap Bear 3x | -49.56 | 744.46 | -6% |
ETF Daily Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | -684.69 | 553,220.42 | -0.12% |
International Equity | 26.13 | 291,986.92 | 0.01% |
U.S. Fixed Income | 50.18 | 193,311.17 | 0.03% |
International Fixed Income | -2.80 | 14,632.66 | -0.02% |
Commodities | -120.96 | 114,430.64 | -0.11% |
Currency | - | 3,293.61 | 0.00% |
Leveraged | -0.45 | 13,810.33 | -0.00% |
Inverse | -73.55 | 20,550.20 | -0.36% |
Asset Allocation | - | 1,089.03 | 0.00% |
Alternatives | -46.62 | 4,262.97 | -1.09% |
Total: | -852.76 | 1,210,587.95 | -0.07% |
Top 10 Volume Surprises, Funds '$50 mm AUM
Ticker | Name | Average Volume | 1-Day Volume | % of Average |
MCRO | IQ Hedge Macro Tracker | 21,442 | 461,026 | 2150% |
IFGL | iShares FTSE EPRA/NAREIT Developed Real Estate ex-US. | 46,139 | 373,894 | 810% |
MCHI | iShares MSCI China | 193,176 | 1,387,460 | 718% |
VCR | Vanguard Consumer Discretionary | 63,236 | 449,376 | 711% |
IGM | iShares S'P North American Technology | 35,766 | 169,772 | 475% |
CSMA | Credit Suisse Merger Arbitrage Liquid ETN | 10,313 | 45,795 | 444% |
HGI | Guggenheim International Multi-Asset Income | 25,422 | 105,849 | 416% |
IYZ | iShares Dow Jones Telecommunications | 308,017 | 1,172,313 | 381% |
GSC | GS Connect S'P GSCI Enhanced Commodity Total Return Strategy ETN | 12,908 | 44,839 | 347% |
XVZ | iPath S'P Dynamic VIX ETN | 25,455 | 87,824 | 345% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | 8.26% | 383,553 | 32.37 |
JJG | iPath Dow Jones UBS Grains Total Return ETN | 6.04% | 129,353 | 180.88 |
GRU | ELEMENTS MLCX Grains - Total Return ETN | 5.79% | 126,080 | 15.55 |
WEAT | Teucrium Wheat | 5.19% | 10,040 | 6.00 |
CORN | Teucrium Corn | 4.44% | 118,209 | 65.81 |
JJA | iPath Dow Jones UBS Agriculture Total Return ETN | 4.30% | 22,767 | 136.05 |
UAG | ETRACS CMCI Agriculture Total Return ETN | 4.06% | 3,300 | 14.08 |
SCIN | EGShares India Small Cap | 4.02% | 10,889 | 26.62 |
SCIF | Market Vectors India Small-Cap | 3.68% | 87,872 | 55.29 |
INDA | iShares MSCI India | 3.54% | 4,700 | 19.85 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
CHIM | Global X China Materials | -5.50% | 1,292 | 2.68 |
VXCC | ETRACS 3-Month S'P 500 VIX Futures ETN | -3.85% | 1,300 | 6.40 |
CVRT | PowerShares Convertible Securities | -3.33% | 18,128 | 9.60 |
GRN | iPath Global Carbon ETN | -3.01% | 2,072 | 1.24 |
VIXY | ProShares VIX Short-Term | -2.72% | 308,049 | 125.32 |
VXX | iPath S'P 500 VIX Short-Term Futures ETN | -2.67% | 44,235,952 | 1,800.11 |
ZROZ | PIMCO 25+ Year Zero Coupon U.S. Treasury | -2.57% | 66,499 | 64.08 |
VIIX | VelocityShares VIX Short Term ETN | -2.43% | 123,398 | 34.28 |
EDV | Vanguard Extended Duration Treasury | -1.97% | 18,076 | 160.68 |
CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -1.79% | 69,774 | 8.25 |
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 reserved
