Weekly ETF Fund Flows: GLD, IAU Bleed

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The SPDR Gold Trust (NYSEArca:GLD), the largest physical gold ETF in the world, was the least popular fund in the past week, losing more than $1.6 billion in assets as gold prices slumped to six-month lows.

The fund, which tracks the price of gold, saw its assets bleed 2.45 percent in five days, dropping to $65.3 billion. It also went through its largest single-day redemption in 18 months when more than $1 billion of assets fled the fund midweek-as the gold market continued to feel the pressure of a rising dollar and a changing investor sentiment regarding risk.

GLD was not alone. The iShares Gold Trust (NYSEArca:IAU) was also caught in the sell-off, with investors yanking nearly $230 million out of the fund, bringing down its total assets to under $11 billion.

Indeed, riskier assets such as equities were far more popular with investors, who put nearly $3 billion of fresh assets into U.S. and international equities funds.

Commodities ETFs , as a group, on the other hand, were the biggest losers with outflows of $1.7 billion.

Even the iShares Barclays 20+ Year Treasury Bond Fund (NYSEArca:TLT) faced outflows sizable enough to land it in IndexUniverse's Top 10 Redemptions list for the week, adding fodder to the sentiment that risk is in. The $2.99 billion TLT gave up $116 million.

All in all, the U.S. ETF market continued to hover the $1.4-trillion-in-assets mark, having finished the week ended Thursday, Feb. 21, with $1.416 trillion in total assets.

Interestingly, the SPDR S&P 500 ETF (NYSEArca:SPY) was the second-least-popular fund despite inflows into U.S. equities. SPY saw outflows of $810 million, but it still boasts more than $122.6 billion in assets.

On the flip side, the most popular fund in the past five days was the iShares Dow Jones U.S. Real Estate Index Fund (NYSEArca:IYR), attracting $414 million in fresh assets as investors continued to bet on a recovering housing market.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IYR iShares Dow Jones U.S. Real Estate 414.56 5,427.80 8.27%
USMV iShares MSCI USA Minimum Volatility 278.23 1,594.43 21.14%
DXJ WisdomTree Japan Hedged Equity 241.15 3,918.64 6.56%
EEMV iShares MSCI Emerging Markets Minimum Volatility 225.62 1,412.21 19.01%
VXX iPath S&P 500 VIX Short-Term Futures ETN 204.42 1,388.52 17.26%
EWJ iShares MSCI Japan 193.57 6,042.06 3.31%
XRT SPDR S&P Retail 190.19 931.69 25.65%
XLP Consumer Staples Select SPDR 188.40 6,077.65 3.20%
VEA Vanguard MSCI EAFE 181.00 11,873.22 1.55%
XLI Industrial Select SPDR 164.29 4,934.53 3.44%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
GLD SPDR Gold -1,643.74 65,397.67 -2.45%
SPY SPDR S&P 500 -810.84 122,682.71 -0.66%
HYG iShares iBoxx $ High Yield Corporate Bond -289.51 15,021.62 -1.89%
FXI iShares FTSE China 25 -235.28 8,362.76 -2.74%
IAU iShares Gold Trust -229.64 10,942.55 -2.06%
EWZ iShares MSCI Brazil Capped -136.30 8,646.87 -1.55%
XME SPDR S&P Metals and Mining -128.63 709.14 -15.35%
IWN iShares Russell 2000 Value -122.03 4,732.13 -2.51%
TLT iShares Barclays 20+ Year Treasury Bond -116.15 2,992.64 -3.74%
TBT ProShares UltraShort 20+ Year Treasury -113.93 3,327.72 -3.31%


ETF Weekly Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 1,554.39 657,681.84 0.24%
International Equity 1,481.88 355,045.24 0.42%
U.S. Fixed Income 122.86 226,386.22 0.05%
International Fixed Income 124.38 26,957.65 0.46%
Commodities -1,736.38 110,497.53 -1.57%
Currency -34.35 2,749.20 -1.25%
Leveraged -1.66 13,184.50 -0.01%
Inverse -86.62 17,883.59 -0.48%
Asset Allocation 48.12 2,817.82 1.71%
Alternatives 230.66 3,423.79 6.74%
Total: 1,703.28 1,416,627.37 0.12%


Top 10 Volume Surprises, Funds 'gt;$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
IEFA iShares Core MSCI EAFE 98,093 2,019,112 411.67%
PBS PowerShares Dynamic Media 107,909 1,763,402 326.83%
EEMA iShares MSCI Emerging Markets Asia 140,627 1,996,582 283.95%
DGL PowerShares DB Gold 94,729 1,322,191 279.15%
GLL ProShares UltraShort Gold 251,741 3,468,478 275.56%
RYH Guggenheim S&P Equal Weight Health Care 13,746 166,890 242.83%
VONE Vanguard Russell 1000 30,905 357,777 231.53%
CMBS iShares Barclays CMBS Bond 26,414 301,863 228.56%
UGL ProShares Ultra Gold 186,771 2,075,002 222.20%
LVL Guggenheim S&P Global Dividend Opportunities 57,899 627,380 216.71%

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
TAN Guggenheim Solar 24.31 -0.62 75.77
KWT Market Vectors Solar Energy 21.61 0.57 13.27
VNM Market Vectors Vietnam 20.60 -4.92 404.40
EPHE iShares MSCI Philippines Investable Market 16.41 2.48 325.79
IAI iShares Dow Jones U.S. Broker-Dealers 16.25 -1.72 89.28
KBWC PowerShares KBW Capital Markets 15.56 -2.09 9.55
PXJ PowerShares Dynamic Oil & Gas Services 14.08 -2.19 132.47
QCLN First Trust NASDAQ Clean Edge Green Energy 13.74 -2.37 18.33
IDXJ Market Vectors Indonesia Small Cap 13.15 2.11 2.50
PXE PowerShares Dynamic Energy Exploration & Production 13.13 -2.45 107.35

Bottom 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
GLDX Global X Gold Explorers -26.39 -9.83 34.62
VXX iPath S&P 500 VIX Short-Term Futures ETN -25.53 4.46 1,388.52
VIIX VelocityShares VIX Short Term ETN -25.53 4.46 13.01
VIXY ProShares VIX Short-Term -25.32 4.50 190.36
GRN iPath Global Carbon ETN -22.20 1.51 0.80
VIIZ VelocityShares VIX Mid Term ETN -21.06 1.75 4.03
VXZ iPath S&P 500 VIX Mid-Term Futures ETN -21.06 1.75 57.16
VIXM ProShares VIX Mid-term -21.00 1.76 51.53
GDXJ Market Vectors Junior Gold Miners -19.57 -10.87 2,133.53
GGGG Global X PURE Gold Miners -19.41 -9.35 3.37

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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This article appears in: Investing , ETFs

Referenced Stocks: GLD , IAU , IYR , SPY , TLT

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