IWM topped creations list on Tuesday, Nov. 15, as eurozone jitters kept market on tenterhooks.
The iShares Russell 2000 Index Fund (NYSEArca: IWM) led ETF creations yesterday, pulling in $687.2 million in fresh assets, as financial markets around the world remained wary that the eurozone’s debt crisis would spread to other countries.
Overall, net inflows totaled $1.10 billion and total assets rose to almost $1.083 trillion from $1.080 trillion on Monday, Nov. 14, according to data compiled by IndexUniverse. The market’s slight gains and the net inflows both contributed to the increase in total assets.
The Dow Jones industrial average edged up 17.18 points yesterday to 12,096.16, in uneven trade characterized by growing worry about Europe’s debt crisis. Global bond markets began pushing up yields in financially healthy countries, including the Netherlands.
The Nos. 2 and 3 funds on IndexUniverse’s “Top 10 Creations” list were the SPDR Dow Jones Industrial Average Trust (NYSEArca: DIA) and the PowerShares QQQ Trust (NasdaqGM: QQQ), which pulled in $417.1 million and $270.3 million, respectively.
The new PowerShares KBW Bank Portfolio (NYSEArca: KBWB) pulled in about $48 million, amounting to 40 percent of its assets, making it the biggest gainer in creations on a percentage basis.
Redemptions
Tuesday’s least popular fund was the SPDR S&P 500 ETF (NYSEArca: SPY), which bled $788.1 million in assets.
The Nos. 2 and 3 funds on IndexUniverse’s “Top 10 Redemptions” list were the Materials Select Sector SPDR Fund (NYSEArca: XLB) and the Energy Select Sector SPDR Fund (NYSEArca: XLE), which had outflows of $122.1 million and $113.9 million, respectively.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWM | iShares Russell 2000 | 687.23 | 14,699.37 | 5% |
| DIA | SPDR Dow Jones Industrial Average Trust | 417.06 | 11,852.07 | 4% |
| QQQ | PowerShares QQQ | 270.31 | 26,633.22 | 1% |
| XLF | Financial Select SPDR | 210.96 | 5,274.01 | 4% |
| XLU | Utilities Select SPDR | 108.55 | 7,426.12 | 1% |
| IYR | iShares Dow Jones U.S. Real Estate | 72.51 | 3,120.66 | 2% |
| BND | Vanguard Total Bond Market | 66.71 | 13,309.04 | 1% |
| IWO | iShares Russell 2000 Growth | 60.00 | 3,715.80 | 2% |
| AGG | iShares Barclays Aggregate Bond | 54.75 | 13,894.88 | 0% |
| KBWB | PowerShares KBW Bank Portfolio | 48.04 | 169.15 | 40% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 | -788.08 | 89,371.89 | -1% |
| XLB | Materials Select SPDR | -122.10 | 1,795.68 | -6% |
| XLE | Energy Select SPDR | -113.92 | 7,392.02 | -2% |
| MDY | SPDR S&P MidCap 400 | -105.39 | 8,978.83 | -1% |
| XRT | SPDR S&P Retail | -90.75 | 856.82 | -10% |
| XOP | SPDR S&P Oil & Gas Exploration & Production | -72.51 | 992.87 | -7% |
| EWG | iShares MSCI Germany | -54.44 | 2,667.34 | -2% |
| EWA | iShares MSCI Australia | -46.33 | 2,821.69 | -2% |
| FAZ | Direxion Daily Financial Bear 3x | -35.39 | 1,100.42 | -3% |
| PFF | iShares S&P U.S. Preferred Stock | -33.11 | 7,178.59 | 0% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 878.09 | 477,232.89 | 0.18% |
| International Equity | -80.47 | 261,768.96 | -0.03% |
| U.S. Fixed Income | 244.73 | 167,555.79 | 0.15% |
| International Fixed Income | 5.46 | 12,208.67 | 0.04% |
| Commodities | 29.61 | 119,208.21 | 0.02% |
| Currency | 29.44 | 4,716.28 | 0.62% |
| Leveraged | -10.48 | 13,663.20 | -0.08% |
| Inverse | 12.07 | 22,285.10 | 0.05% |
| Asset Allocation | 1.18 | 922.25 | 0.13% |
| Alternatives | -17.92 | 3,295.55 | -0.54% |
| Total: | 1,091.71 | 1,082,856.90 | 0.10% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1-Day Volume | % of Average |
| BSJD | Guggenheim BulletShares 2013 High Yield Corporate Bond | 40,301 | 368,666 | 915% |
| GCC | GreenHaven Continuous Commodity | 188,778 | 1,491,883 | 790% |
| PSCT | PowerShares S&P SmallCap Information Technology | 15,163 | 85,632 | 565% |
| CNY | Market Vectors Chinese Renminbi/USD ETN | 11,642 | 55,650 | 478% |
| PXR | PowerShares Emerging Markets Infrastructure Portfolio | 32,710 | 147,910 | 452% |
| PBW | PowerShares WilderHill Clean Energy Portfolio | 390,536 | 1,717,304 | 440% |
| CORP | PIMCO Investment Grade Corporate Bond | 5,588 | 24,364 | 436% |
| EWD | iShares MSCI Sweden | 240,665 | 973,772 | 405% |
| SCHC | Schwab International Small-Cap Equity | 32,035 | 128,695 | 402% |
| PSP | PowerShares Listed Private Equity Portfolio | 281,391 | 1,119,264 | 398% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| UBM | ETRACS CMCI Industrial Metals Total Return ETN | 16.92% | 2,548 | 5.37 |
| BAL | iPath Dow Jones-UBS Cotton Total Return ETN | 3.78% | 33,844 | 53.21 |
| TDD | db-X 2010 Target Date | 3.48% | 1,035 | 14.26 |
| EMER | IQ Emerging Markets Mid Cap | 3.37% | 2,350 | 1.58 |
| FYT | First Trust Small Cap Value AlphaDEX | 3.23% | 2,300 | 3.87 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | 2.85% | 13,254 | 30.56 |
| PSCC | PowerShares S&P SmallCap Consumer Staples | 2.38% | 1,159 | 19.85 |
| CAFE | iPath Pure Beta Coffee ETN | 2.33% | 5,100 | 4.10 |
| GRU | ELEMENTS MLCX Grains - Total Return ETN | 2.27% | 35,915 | 19.38 |
| CHIX | Global X China Financials | 2.23% | 20,182 | 14.72 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| VXAA | ETRACS 1-Month S&P 500 VIX Futures ETN | -11.89% | 19,800 | 10.86 |
| HGEM | EGShares Health Care GEMS | -4.59% | 2,000 | 0.86 |
| KWT | Market Vectors Solar Energy | -3.11% | 41,599 | 11.17 |
| SZR | WisdomTree Dreyfus South African Rand | -3.10% | 10,940 | 7.41 |
| TGEM | EGShares Telecom GEMS | -2.83% | 1,700 | 0.95 |
| EUFN | iShares MSCI-Europe Financials | -2.70% | 39,264 | 11.55 |
| VNM | Market Vectors Vietnam | -2.40% | 398,187 | 214.09 |
| TAN | Guggenheim Solar | -2.22% | 263,830 | 70.18 |
| INXX | EGShares India Infrastructure | -2.21% | 23,911 | 60.34 |
| GRID | First Trust NASDAQ Clean Edge Smart Grid Infrastructure | -2.07% | 4,447 | 17.51 |
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.
