The SPDR S&P 500 ETF (NYSEArca:SPY), the world's largest
ETF, with more than $107 billion in assets, bled nearly $3 billion
in the week ended Thursday, Aug. 9, as investors trimmed exposure
to U.S. equities and loaded up assets into international equity
funds instead.
U.S. equity ETF outflows netted $1.42 billion in the past
Thursday-to-Thursday period, despite the fact that the Dow Jones
industrial average performed relatively well in the same period,
tagging on gains of 2.2 percent.
Investors are said to be turning cautious as the market whipsaws
back and forth between hopes that the government will step in and
stimulate the economy while getting little to go on other than
largely disappointing economic indicators. The European debt crisis
continues to unravel and China's growth is still showing signs of
slowing down.
Still, net outflows were not enough to offset inflows and
positive market action that helped push total U.S.-listed ETF
assets Thursday to a new weekly record of $1.226 trillion.
International equities were the biggest beneficiaries this week
of U.S. investor jitters over the U.S. economy. Some $1.42 billion
in net assets landed in funds like the Vanguard MSCI Emerging
Markets ETF (NYSEArca:VWO), which ranked among the week's most
popular ETFs. VWO attracted $335 million this past week.
Fixed-income strategies were also popular with investors,
despite the currently low Treasury yield levels and an environment
of ultra-low interest rates. Fixed-income ETFs netted some $790
million.
The ProShares Ultra 7-10 Year Treasury ETF (NYSEArca:UST) saw
its assets grow exponentially this week, gathering more than $442
million, putting its total assets at $533 million.
Top 10 Creations (All ETFs)
| Ticker |
Name |
Net Flows ($,mm) |
AUM ($, mm) |
AUM % Change |
| IWM |
iShares Russell 2000 |
652.47 |
15,607.38 |
4.36% |
| UST |
ProShares Ultra 7-10 Year Treasury |
442.43 |
533.93 |
483.57% |
| XLE |
Energy Select SPDR |
363.04 |
7,479.83 |
5.10% |
| VWO |
Vanguard MSCI Emerging Markets |
335.83 |
54,486.01 |
0.62% |
| QQQ |
PowerShares QQQ |
265.95 |
34,488.53 |
0.78% |
| TZA |
Direxion Daily Small Cap Bear 3x |
240.20 |
956.24 |
33.55% |
| XLI |
Industrial Select SPDR |
239.70 |
3,769.72 |
6.79% |
| LQD |
iShares iBoxx $ Investment Grade Corporate Bond |
191.99 |
23,639.27 |
0.82% |
| SMH |
Market Vectors Semiconductor |
170.80 |
428.41 |
66.30% |
| VXX |
iPath S&P 500 VIX Short-Term Futures ETN |
169.51 |
1,565.14 |
12.15% |
Top 10 Redemptions (All ETFs)
| Ticker |
Name |
Net Flows ($,mm) |
AUM ($, mm) |
AUM % Change |
| SPY |
SPDR S&P 500 |
-2,967.30 |
107,238.04 |
-2.69% |
| DIA |
SPDR Dow Jones Industrial Average Trust |
-392.95 |
11,934.12 |
-3.19% |
| IWF |
iShares Russell 1000 Growth |
-217.53 |
15,768.95 |
-1.36% |
| SHY |
iShares Barclays 1-3 Year Treasury Bond |
-202.71 |
8,989.67 |
-2.21% |
| XLP |
Consumer Staples Select SPDR |
-176.70 |
6,046.95 |
-2.84% |
| VPU |
Vanguard Utilities |
-167.35 |
1,193.96 |
-12.29% |
| UNG |
United States Natural Gas |
-97.32 |
1,182.20 |
-7.61% |
| BND |
Vanguard Total Bond Market |
-92.96 |
17,431.98 |
-0.53% |
| VGK |
Vanguard European |
-88.65 |
2,647.16 |
-3.24% |
| USO |
United States Oil |
-88.05 |
1,223.59 |
-6.71% |
ETF Weekly Daily Flows By Asset Class
|
|
Net Flows ($, mm) |
AUM ($, mm) |
% of AUM |
|
U.S. Equity
|
-1,420.41 |
565,390.60 |
-0.25% |
|
International Equity
|
1,425.38 |
277,615.40 |
0.51% |
|
U.S. Fixed Income
|
666.59 |
215,549.80 |
0.31% |
|
International Fixed Income
|
123.19 |
19,325.78 |
0.64% |
|
Commodities
|
11.94 |
107,789.14 |
0.01% |
|
Currency
|
-47.68 |
2,897.21 |
-1.65% |
|
Leveraged
|
135.13 |
12,451.55 |
1.09% |
|
Inverse
|
516.78 |
19,683.81 |
2.63% |
|
Asset Allocation
|
14.61 |
2,042.33 |
0.72% |
|
Alternatives
|
130.28 |
3,951.51 |
3.30% |
|
Total:
|
1,555.80
|
1,226,697.13
|
0.13%
|
Top 10 Volume Surprises, Funds 'gt;$50 mm AUM
| Ticker |
Name |
Average Volume
(30 Day) |
1 Week Average
Volume |
% of Average |
| KBWB |
PowerShares KBW Bank Portfolio |
193,444 |
4,361,847 |
450.97% |
| TOK |
iShares MSCI Kokusai |
12,572 |
256,958 |
408.76% |
| ZROZ |
PIMCO 25+ Year Zero Coupon U.S. Treasury |
46,352 |
804,536 |
347.14% |
| NY |
iShares NYSE 100 |
1,647 |
26,051 |
316.35% |
| IDU |
iShares Dow Jones U.S. Utilities |
51,431 |
706,550 |
274.76% |
| WPS |
iShares S&P Developed Ex-US. Property |
36,243 |
496,412 |
273.94% |
| KIE |
SPDR S&P Insurance |
35,482 |
477,021 |
268.88% |
| EPHE |
iShares MSCI Philippines Investable Market |
112,001 |
1,412,892 |
252.30% |
| PSCD |
PowerShares S&P SmallCap Consumer Discretionary |
6,766 |
84,175 |
248.83% |
| EWL |
iShares MSCI Switzerland |
239,975 |
2,945,464 |
245.48% |
Top 10 Weekly Performers, Excluding Leverage/Inverse
Funds and 'lt;1,000 Shares Traded
| Ticker |
Name |
Weekly Performance |
Weekly Volume |
AUM ($, mm) |
| TAN |
Guggenheim Solar |
13.11% |
148,739 |
45.92 |
| EWP |
iShares MSCI Spain |
12.18% |
2,175,736 |
184.50 |
| PSCE |
PowerShares S&P SmallCap Energy |
11.12% |
12,393 |
45.51 |
| EWI |
iShares MSCI Italy |
11.01% |
4,700,152 |
163.11 |
| KWT |
Market Vectors Solar Energy |
10.89% |
11,564 |
9.32 |
| FRAK |
Market Vectors Unconventional Oil & Gas |
9.91% |
16,023 |
22.16 |
| KOL |
Market Vectors Coal |
9.67% |
1,236,836 |
193.42 |
| ARGT |
Global X FTSE Argentina 20 |
9.63% |
21,255 |
3.05 |
| PICK |
iShares MSCI Global Select Metals & Mining
Producers |
9.56% |
18,269 |
4.07 |
| IGN |
iShares S&P North American Technology-Multimedia
Networking |
9.47% |
142,840 |
212.84 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse
Funds and 'lt;1,000 Shares Traded
| Ticker |
Name |
Weekly Performance |
Weekly Volume |
AUM ($, mm) |
| VIIX |
VelocityShares VIX Short Term ETN |
-10.96% |
1,295,892 |
23.73 |
| VIXY |
ProShares VIX Short-Term |
-10.77% |
4,167,781 |
128.66 |
| VXX |
iPath S&P 500 VIX Short-Term Futures ETN |
-10.74% |
165,701,593 |
1,565.14 |
| VXCC |
ETRACS 3-Month S&P 500 VIX Futures ETN |
-7.89% |
1,500 |
5.39 |
| CVOL |
C-Tracks Exchange-Traded Notes on the Citi
Volatility |
-6.64% |
157,507 |
5.73 |
| MOM |
QuantShares U.S. Market Neutral Momentum |
-5.80% |
8,500 |
5.07 |
| ZROZ |
PIMCO 25+ Year Zero Coupon U.S. Treasury |
-5.69% |
804,536 |
142.65 |
| EDV |
Vanguard Extended Duration Treasury |
-5.20% |
119,828 |
216.78 |
| BTAL |
QuantShares U.S. Market Neutral Anti-Beta |
-5.13% |
74,317 |
28.90 |
| VIXM |
ProShares VIX Mid-term |
-4.89% |
107,625 |
96.60 |
Top 10 YTD Performers
| Ticker |
Name |
YTD Performance |
Weekly Performance |
AUM ($, mm) |
| ITB |
iShares Dow Jones U.S. Home Construction |
46.33 |
6.51 |
977.11 |
| JJG |
iPath Dow Jones UBS Grains Total Return ETN |
39.97 |
3.02 |
184.85 |
| EGPT |
Market Vectors Egypt |
37.95 |
4.32 |
44.59 |
| BBH |
Market Vectors Biotech |
36.59 |
1.84 |
119.47 |
| TUR |
iShares MSCI Turkey Investable Market |
35.89 |
2.95 |
535.77 |
| GRU |
ELEMENTS MLCX Grains - Total Return ETN |
34.88 |
3.56 |
19.39 |
| XHB |
SPDR S&P Homebuilders |
32.11 |
6.96 |
1,378.72 |
| WEET |
iPath Pure Beta Grains ETN |
31.17 |
0.11 |
2.82 |
| FBT |
First Trust NYSE Arca Biotechnology |
30.99 |
1.40 |
246.16 |
| TAO |
Guggenheim China Real Estate |
29.85 |
3.99 |
20.25 |
Bottom 10 YTD Performers
| Ticker |
Name |
YTD Performance |
Weekly Performance |
AUM ($, mm) |
| CVOL |
C-Tracks Exchange-Traded Notes on the Citi
Volatility |
-74.45 |
-6.64 |
5.73 |
| VIXY |
ProShares VIX Short-Term |
-67.28 |
-10.77 |
128.66 |
| VXX |
iPath S&P 500 VIX Short-Term Futures ETN |
-67.27 |
-10.74 |
1,565.14 |
| VIIX |
VelocityShares VIX Short Term ETN |
-67.27 |
-10.96 |
23.73 |
| VXAA |
ETRACS 1-Month S&P 500 VIX Futures ETN |
-61.92 |
2.47 |
3.27 |
| VXBB |
ETRACS 2-Month S&P 500 VIX Futures ETN |
-48.34 |
0.44 |
4.59 |
| VXCC |
ETRACS 3-Month S&P 500 VIX Futures ETN |
-42.85 |
-7.89 |
5.39 |
| VXDD |
ETRACS 4-Month S&P 500 VIX Futures ETN |
-35.23 |
0.00 |
5.97 |
| VXZ |
iPath S&P 500 VIX Mid-Term Futures ETN |
-33.56 |
-4.59 |
178.44 |
| VIXM |
ProShares VIX Mid-term |
-33.31 |
-4.89 |
96.60 |
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 | 'copy; Copyright 2009 IndexUniverse LLC. All rights
reserved
Don't forget to check IndexUniverse.com's ETF Data
section.
Copyright ®
2012 IndexUniverse LLC
. All Rights Reserved.