VWO

Weekly ETF Flows: EEM Continues Its Run

An image of stock prices rising and declining in value Credit: Shutterstock photo

Investors kept on pouring money into the iShares MSCI Emerging Markets Index Fund (NYSEArca:EEM), in the aftermath to Vanguard's announcement in early October that its giant emerging markets fund that competes with EEM would stop using the same index as the iShares fund sometime next year.

EEM added $1.76 billion in the week ended Thursday Jan. 3, and overall almost $15 billion flowed into U.S.-listed ETFs , according to data compiled by IndexUniverse. Total assets now total more than $1.384 trillion, a record, as rising markets in the wake of Congress's "fiscal cliff" agreement pushed the total higher.

ETF industry sources have argued that the positive flows for EEM relative to the Vanguard MSCI Emerging Markets ETF (NYSEArca:VWO))-essentially a reversal of a broad pattern of the past few years-might be related to the fact that institutions still favor MSCI benchmarks.

That would mean VWO, which next year will stop using the MSCI Emerging Markets Index that EEM uses, could be falling out of favor among large investors who are preparing for the change.

The phenomenon helped EEM's asset gathering in 2012 match that of VWO, which each of the huge emerging markets funds gathering about $10.5 billion in fresh assets.

Top 10 Creations (All ETFs)

Top 10 Redemptions (All ETFs)

ETF Weekly Daily Flows By Asset Class

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

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

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

Top 10 YTD Performers

Bottom 10 YTD Performers

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 ® 2013 IndexUniverse LLC . All Rights Reserved.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.