Weekly ETF Fund Flows: Into Bonds We Go

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Investors poured more than $1.4 billion into fixed income exchange-traded funds in the past week, as they flocked to the safety of bonds, while equities markets struggled with heightened concerns over the stability of the debt-laden eurozone, particularly as it relates to Greece and Spain.

Funds like Vanguard Total Bond Market ETF (NYSEArca:BND) and the iShares Barclays 20+ Year Treasury Bond Fund (NYSEArca:TLT) were among the most popular funds this week. Flows into each ETF amounted to 4 percent and 6.5 percent, respectively, of their assets at the start of the five-trading-day period. Flows were measured through the week ended on Thursday, May 24.

That's not to say that investors shunned equities. On the contrary, U.S. equities ETFs reeled in a net of $795 million in new assets in the past week, with funds like the SPDR S&P 500 ETF (NYSEArca:SPY) leading the charge with inflows of $1.76 billion. Investors, did, however, get out of international equities to the tune of $389 million.

All in all, taking into account market action, total U.S.-listed ETF assets inched higher to $1.135 trillion, barely higher than a week earlier.

Among the largest redemptions in the week was the Energy Select SPDR Fund (NYSEArca:XLE). It had outflows of more than $1.14 billion, which amounted to almost 18 percent of its assets at the start of the five-day period. The iShares S&P SmallCap 600 Value ETF (NYSEArca:IJS) lost $365 million to redemptions, also almost 18 percent of its assets as of the start of the week.

Even gold, often thought as a safe haven in times of economic uncertainty, wasn't spared in a week marked by a flock to fixed income. The SPDR Gold Shares (NYSEArca:GLD), the world's largest physical gold ETF, was the third-least-popular fund in the past week, shedding $433 million, or 0.67 percent of its total assets at the start of the week.

All told, investors yanked more than $752 million out of commodities ETFs.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 1,764.91 95,812.29 1.88%
BND Vanguard Total Bond Market 646.86 16,816.30 4.00%
XLF Financial Select SPDR 645.53 5,681.98 12.82%
XLI Industrial Select SPDR 346.62 3,212.92 12.09%
IYR iShares Dow Jones U.S. Real Estate 316.47 3,954.21 8.70%
TLT iShares Barclays 20+ Year Treasury Bond 220.24 3,620.02 6.48%
OIH Market Vectors Oil Services 180.97 1,225.81 17.32%
XLY Consumer Discretionary Select SPDR 178.90 3,302.51 5.73%
XLB Materials Select SPDR 173.77 1,967.15 9.69%
SHY iShares Barclays 1-3 Year Treasury Bond 160.31 11,416.61 1.42%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
XLE Energy Select SPDR -1,143.14 5,290.58 -17.77%
JNK SPDR Barclays Capital High Yield Bond -484.67 10,482.35 -4.42%
GLD SPDR Gold -433.07 64,040.56 -0.67%
QQQ PowerShares QQQ -423.05 30,304.77 -1.38%
IJS iShares S&P SmallCap 600 Value -365.13 1,704.69 -17.64%
IWM iShares Russell 2000 -340.01 13,699.66 -2.42%
VXX iPath S&P 500 VIX Short-Term Futures ETN -323.64 1,794.30 -15.28%
HYG iShares iBoxx $ High Yield Corporate Bond -256.15 14,195.42 -1.77%
SDS ProShares UltraShort S&P 500 -159.85 1,890.28 -7.80%
VGK Vanguard European -158.78 2,058.63 -7.16%


ETF Weekly Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 795.97 516,591.28 0.15%
International Equity -388.96 252,963.31 -0.15%
U.S. Fixed Income 1,423.86 203,797.27 0.70%
International Fixed Income 27.40 16,232.36 0.17%
Commodities -752.77 104,187.04 -0.72%
Currency 19.14 3,162.74 0.61%
Leveraged 339.59 12,388.22 2.74%
Inverse -682.02 19,615.62 -3.48%
Asset Allocation -1.44 1,862.11 -0.08%
Alternatives -353.70 4,214.80 -8.39%
Total: 427.06 1,135,014.74 0.04%


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

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
IJS iShares S&P SmallCap 600 Value 484,491 9,102,283 375.75%
GRES IQ Global Resources 19,899 321,514 323.15%
DJCI ETRACS DJ-Commodity Total Return ETN 10,881 162,435 298.56%
IGOV iShares S&P/Citigroup International Treasury Bond 27,245 386,435 283.68%
MLPN Credit Suisse Cushing 30 MLP ETN 107,386 1,490,710 277.64%
SPHB PowerShares S&P 500 High Beta 81,606 1,131,829 277.39%
LVOL Russell 1000 Low Volatility 14,976 205,658 274.65%
JSC SPDR Russell/Nomura Small Cap Japan 5,081 68,658 270.26%
USL United States 12 Month Oil 47,002 629,741 267.96%
SPYG SPDR 500 Growth 12,169 160,805 264.29%


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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GLDX Global X Gold Explorers 8.38% 450,263 27.79
GDX Market Vectors Gold Miners 7.96% 109,365,815 8,313.07
UBC ETRACS CMCI Livestock Total Return ETN 7.56% 1,150 4.78
GGGG Global X PURE Gold Miners 7.22% 18,304 4.08
TSXV Global X S&P/TSX Venture 30 Canada 6.42% 14,449 2.32
ITB iShares Dow Jones U.S. Home Construction 6.07% 15,798,155 677.20
CHIM Global X China Materials 6.02% 7,428 2.21
SIL Global X Silver Miners 5.51% 1,545,983 278.46
FAA Guggenheim Airline 5.43% 58,079 14.91
RING iShares MSCI Global Gold Miners 5.14% 87,893 29.16
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and 'lt;1,000 Shares Traded
Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN -13.28% 1,382,082 38.35
SSDD ETRACS ISE SSD ETN -9.03% 3,688 10.55
DPU PowerShares DB Commodity Long ETN -8.72% 11,692 5.66
BRAF Global X Brazil Financials -8.09% 13,293 3.50
EWAS iShares MSCI Australia Small Cap -8.00% 1,590 2.18
JO iPath Dow Jones-UBS Coffee Total Return ETN -8.00% 100,573 27.43
BDG PowerShares DB Base Metals Long ETN -7.91% 1,094 1.37
GERJ Market Vectors Germany Small-Cap -7.68% 1,595 4.73
FKU First Trust United Kingdom AlphaDEX -6.98% 2,370 4.23
VGEM EGShares Consumer Services GEMS -6.89% 7,255 0.92

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 , IJS , SPY , TLT , XLE

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