Investors yanked more than $1.7 billion out of U.S. equity ETFs
on Thursday, with sizable redemptions from the SPDR S&P 500
(NYSEArca:SPY), PowerShares QQQ (NYSEArca:QQQQ), iShares Russell
2000 (NYSEArca:IWM) and SPDR S&P Retail (NYSEArca:XRT).
The outflows from U.S. equity ETFs were offset slightly by $153
million in net inflows into U.S. fixed-income ETFs and $130 million
in inflows into inverse ETFs. All told, however, investors pulled a
net $1.4 billion out of ETFs yesterday, according to data compiled
by IndexUniverse, as investors took on defensive positions in the
ETF markets.
No ETF saw positive inflows of more than $60 million for the day.
A number of funds showed remarkable jumps in trading volume. The
PowerShares Dynamic MagniQuant Portfolio (NYSEArca:PIQ) traded more
than 375,000 shares, or 21X its average daily trading volume. The
Claymore/Zacks Dividend Rotation ETF (NYSEArca:IRO) saw similarly
high volume, trading 288,572 shares, or 18X its average daily
volume. Other funds with significant volume spikes included the UBS
E-TRACS CMCI Livestock ETF (NYSEArca:UBC) and the Direxion 2-Year
Treasury Bull 3X ETF (NYSEArca:TWOL).
As of the close of trading on Thursday, July 15, there were 1,014
ETFs and ETNs trading in U.S. markets with a combined $816 billion
in assets under management.
Top 20 Creations (All ETFs)
| Top 20 Creations (All ETFs) |
| Ticker |
Name |
Net Flows ($,mm) |
AUM ($, mm) |
AUM % Change |
| FAZ |
Direxion Daily Financial Bear 3x |
52.90 |
1,032.16 |
5% |
| XLK |
Technology Select Sector SPDR |
50.52 |
4,133.91 |
1% |
| XLF |
Financial Select Sector SPDR |
50.18 |
6,116.63 |
1% |
| TZA |
Direxion Daily Small Cap Bear 3x |
47.73 |
581.23 |
9% |
| XLU |
Utilities Select Sector SPDR |
40.78 |
3,470.16 |
1% |
| ADRE |
PowerShares BLDRS Emerging Markets 50 ADR |
38.82 |
643.64 |
6% |
| XLY |
Consumer Discretionary Select Sector SPDR |
37.36 |
1,735.65 |
2% |
| JNK |
SPDR Barclays Capital High Yield Bond |
34.71 |
4,694.21 |
1% |
| LQD |
iBoxx $ Investment Grade Corporate Bond |
32.41 |
13,546.89 |
0% |
| EPI |
WisdomTree India Earnings |
32.32 |
937.40 |
4% |
Top 20 Redemptions (All ETFs)
| Top 20 Redemptions (All ETFs) |
| Ticker |
Name |
Net Flows ($,mm) |
AUM ($, mm) |
AUM % Change |
| SPY |
SPDR S&P 500 |
-922.22 |
70,098.04 |
-1% |
| QQQQ |
PowerShares QQQ |
-412.94 |
17,608.19 |
-2% |
| IWM |
iShares Russell 2000 |
-222.07 |
13,292.61 |
-2% |
| XRT |
SPDR S&P Retail |
-189.83 |
509.35 |
-27% |
| VO |
Vanguard Mid-Cap |
-68.43 |
2,469.30 |
-3% |
| VTI |
Vanguard Total Stock Market |
-60.88 |
14,166.46 |
0% |
| IWD |
iShares Russell 1000 Value |
-37.24 |
8,642.02 |
0% |
| IVE |
iShares S&P 500 Value |
-37.00 |
3,760.35 |
-1% |
| VGK |
Vanguard European |
-27.11 |
2,434.79 |
-1% |
| UUP |
PowerShares DB US Dollar Index Bullish |
-24.02 |
965.71 |
-2% |
ETF Daily Flows By Asset Class
| ETF Daily Flows By Asset Class |
|
|
Net Flows ($, mm) |
AUM ($, mm) |
% of AUM |
|
U.S. Equity
|
-1,720.71 |
349,978.14 |
-0.49% |
|
International Equity
|
61.94 |
210,031.50 |
0.03% |
|
U.S. Fixed Income
|
152.84 |
120,021.43 |
0.13% |
|
International Fixed Income
|
7.91 |
4,741.08 |
0.17% |
|
Commodity
|
0.83 |
81,233.05 |
0.00% |
|
Currency
|
-34.03 |
5,260.06 |
-0.65% |
|
Inverse
|
129.50 |
20,797.58 |
0.62% |
|
Leveraged
|
-45.55 |
12,104.55 |
-0.38% |
|
Blend
|
- |
718.05 |
0.00% |
|
Alternatives
|
13.53 |
11,558.33 |
0.12% |
|
Total:
|
-1,433.73
|
816,443.78
|
-0.18%
|
Top 20 Volume Surprises, Funds >$50 mm AUM
| Top 20 Volume Surprises (>$50mm AUM) |
| Ticker |
Name |
Average Volume
(30 Day) |
1-Day Volume |
% of Average |
| IWZ |
iShares Russell 3000 Growth |
33,268 |
259,460 |
780% |
| MGV |
Vanguard Mega Cap 300 Value |
54,042 |
221,559 |
410% |
| RXI |
iShares S&P Global Consumer Discretionary Sector |
24,078 |
96,253 |
400% |
| IHE |
iShares Dow Jones U.S. Pharmaceuticals |
34,026 |
134,781 |
396% |
| JJG |
iPath Dow Jones UBS Grains Subindex Total Return ETN |
58,101 |
228,484 |
393% |
| GWL |
SPDR S&P World ex-US |
25,233 |
96,872 |
384% |
| JKE |
iShares Morningstar Large Growth |
40,636 |
153,011 |
377% |
| FAN |
First Trust ISE Global Wind Energy |
43,867 |
157,522 |
359% |
| BND |
Vanguard Total Bond Market |
847,243 |
2,924,316 |
345% |
| MGK |
Vanguard Mega Cap 300 Growth |
60,949 |
201,232 |
330% |
Top 20 1 Day Performers, Excluding Leverage/Inverse Funds
and >1,000 Shares Traded
| Top 20 1 Day Performers (excluding
Leverage/Inverse, >1,000 Shares Traded) |
| Ticker |
Name |
1-Day Performance |
1-Day Volume |
AUM ($, mm) |
| VXX |
iPath S&P 500 VIX Short-Term Futures ETN |
3.72% |
23,779,293 |
1,330.59 |
| NIB |
iPath Dow Jones-UBS Cocoa Subindex Total Return ETN |
3.52% |
5,162 |
9.17 |
| XLBS |
PowerShares S&P SmallCap Materials |
2.80% |
1,300 |
2.22 |
| XLES |
PowerShares S&P SmallCap Energy |
2.67% |
1,400 |
6.97 |
| ROB |
Claymore/Robb Report Global Luxury |
2.65% |
15,935 |
16.09 |
| GSR |
GlobalShares FTSE Emerging Markets |
2.39% |
2,880 |
63.63 |
| EDV |
Vanguard Extended Duration Treasury |
2.14% |
19,125 |
146.80 |
| ZROZ |
PIMCO 25+ Year Zero Coupon U.S. Treasury |
2.06% |
19,649 |
33.90 |
| WFVK |
Wilshire 5000 Total Market |
2.02% |
3,800 |
2.42 |
| GRU |
ELEMENTS MLCX Grains - Total Return ETN |
1.96% |
86,126 |
13.94 |
Bottom 20 1 Day Performers, Excluding Leverage/Inverse
Funds and >1,000 Shares Traded
| Bottom 20 1 Day Performers (Excluding
Leverage/Inverse, >1,000 Shares Traded) |
| Ticker |
Name |
1-Day Performance |
1-Day Volume |
AUM ($, mm) |
| XHB |
SPDR S&P Homebuilders |
-2.10% |
4,122,524 |
627.70 |
| PJB |
PowerShares Dynamic Banking Portfolio |
-2.00% |
5,389 |
22.16 |
| ITB |
iShares Dow Jones U.S. Home Construction |
-1.94% |
383,256 |
238.31 |
| JJN |
iPath Dow Jones-UBS Nickel Subindex Total Return ETN |
-1.90% |
1,875 |
14.97 |
| KRE |
SPDR KBW Regional Banking |
-1.79% |
1,961,214 |
804.09 |
| PIN |
PowerShares India Portfolio |
-1.79% |
93,674 |
420.55 |
| FCHI |
iShares FTSE China (Hong Kong Listed) |
-1.75% |
2,820 |
55.32 |
| IAT |
iShares Dow Jones U.S. Regional Banks |
-1.71% |
60,181 |
178.05 |
| VNM |
Market Vectors Vietnam |
-1.70% |
22,908 |
145.74 |
| BRXX |
Emerging Global Shares INDXX Brazil Infrastructure |
-1.59% |
18,190 |
25.72 |
Disclaimer:All data as of 6 a.m. Eastern following the day
noted in the headline. Data is believed to be accurate; however,
transient market data is often subject to subsequent revision and
correction by the exchanges.
Don't forget to check IndexUniverse.com's ETF Data
section.
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