SPY bled $1.01 billion on Friday, June 22, as net outflows offset market gains, leaving total U.S.-listed ETF assets a touch lower at just shy of $1.158 trillion.
Investors pulled $1.01 billion out of the SPDR S&P 500 ETF (NYSEArca: SPY) on Friday, fueling net outflows on a day when markets took a breather from the sharp sell-off a day before.
Overall, net outflows were $1.27 billion, as total U.S.-listed ETF assets dropped a touch to just under $1.158 trillion from just above that level on Thursday, June 21, according to data compiled by IndexUniverse.
The Dow Jones industrial average rose 67.21 points, or 0.5 percent, to 12,640.78, as some investors swept into the market to buy on the dip after Thursday’s 250-point sell-off. That sharp drop was caused by a slew of weak economic data around the world and expectations of a Moody’s downgrade of 15 major global banks.
The PowerShares S&P 500 Low Volatility Portfolio (NYSEArca: SPLV) was No. 2 on IndexUniverse’s “Top 10 Redemptions” list, bleeding $311.4 million in assets, and pulling it below the $2 billion threshold it had crossed earlier in the week.
Rounding out the top three funds was the Nasdaq-100 focused PowerShares QQQ Trust (NasdaqGM: QQQ), which added $193.3 million. Technology has weathered the selling related largely to eurozone instability relatively well compared to other pockets of the equities universe.
Friday’s most popular ETF was the iShares Russell 2000 Index Fund (NYSEArca: IWM), which pulled in $260 million in fresh assets. The ETF now has $14.66 billion in assets.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWM | iShares Russell 2000 | 259.96 | 14,658.64 | 1.81% |
| IVV | iShares S&P 500 | 227.72 | 28,980.08 | 0.79% |
| TLT | iShares Barclays 20+ Year Treasury Bond | 225.18 | 3,915.63 | 6.10% |
| VXX | iPath S&P 500 VIX Short-Term Futures ETN | 112.68 | 1,813.08 | 6.63% |
| VGK | Vanguard European | 78.68 | 2,342.56 | 3.48% |
| XRT | SPDR S&P Retail | 72.36 | 894.40 | 8.80% |
| DEM | WisdomTree Emerging Markets Equity Income | 71.09 | 3,615.54 | 2.01% |
| UCO | ProShares Ultra DJ-UBS Crude Oil | 49.26 | 401.47 | 13.99% |
| UNG | United States Natural Gas | 34.60 | 1,048.35 | 3.41% |
| DGS | WisdomTree Emerging Markets SmallCap Dividend | 34.40 | 907.30 | 3.94% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 | -1,007.32 | 101,763.44 | -0.98% |
| SPLV | PowerShares S&P 500 Low Volatility | -311.42 | 1,932.16 | -13.88% |
| QQQ | PowerShares QQQ | -193.34 | 32,268.68 | -0.60% |
| XLI | Industrial Select SPDR | -170.23 | 2,894.88 | -5.55% |
| DIA | SPDR Dow Jones Industrial Average Trust | -113.53 | 10,928.77 | -1.03% |
| XLB | Materials Select SPDR | -107.64 | 1,924.45 | -5.30% |
| XLE | Energy Select SPDR | -98.18 | 6,284.59 | -1.54% |
| XLU | Utilities Select SPDR | -85.26 | 6,503.92 | -1.29% |
| SMH | Market Vectors Semiconductor | -81.32 | 282.86 | -22.33% |
| GSC | GS Connect S&P GSCI Enhanced Commodity Total Return Strategy ETN | -73.13 | 61.78 | -54.21% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -1,606.19 | 530,129.24 | -0.30% |
| International Equity | 8.00 | 256,043.36 | 0.00% |
| U.S. Fixed Income | 169.75 | 210,472.11 | 0.08% |
| International Fixed Income | 34.55 | 16,656.89 | 0.21% |
| Commodities | -73.13 | 103,525.02 | -0.07% |
| Currency | -19.08 | 2,928.92 | -0.65% |
| Leveraged | 104.44 | 12,344.40 | 0.85% |
| Inverse | -9.98 | 19,498.10 | -0.05% |
| Asset Allocation | - | 1,878.41 | 0.00% |
| Alternatives | 125.96 | 4,249.16 | 2.96% |
| Total: | -1,265.68 | 1,157,725.60 | -0.11% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1-Day Volume | % of Average |
| FFR | First Trust FTSE EPRA/NAREIT Developed Markets Real Estate | 24,935 | 474,722 | 1,903.84% |
| WDTI | WisdomTree Managed Futures Strategy Fund | 71,416 | 1,079,655 | 1,511.77% |
| UCI | ETRACS CMCI Total Return ETN | 38,023 | 434,388 | 1,142.44% |
| GLJ | iShares 10+ Year Government/Credit Bond | 58,272 | 659,033 | 1,130.96% |
| IHE | iShares Dow Jones U.S. Pharmaceuticals | 45,873 | 299,575 | 653.06% |
| EQIN | Russell Equity Income | 10,504 | 60,000 | 571.21% |
| IXJ | iShares S&P Global Healthcare | 138,469 | 748,279 | 540.39% |
| IHF | iShares Dow Jones U.S. Healthcare Providers | 50,557 | 260,342 | 514.95% |
| IGV | iShares S&P North American Technology-Software | 103,019 | 529,681 | 514.16% |
| IGM | iShares S&P North American Technology | 61,903 | 311,195 | 502.71% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| VXX | iPath S&P 500 VIX Short-Term Futures ETN | 11.11% | 55,283,067 | 1,813.08 |
| EEML | iShares MSCI Emerging Markets Latin America | 4.67% | 2,200 | 4.63 |
| CHIM | Global X China Materials | 4.46% | 1,600 | 2.26 |
| EWP | iShares MSCI Spain | 4.31% | 662,634 | 158.65 |
| QCLN | First Trust NASDAQ Clean Edge Green Energy | 2.89% | 2,207 | 16.24 |
| PBE | PowerShares Dynamic Biotech & Genome Portfolio | 2.78% | 15,940 | 136.55 |
| EPOL | iShares MSCI Poland Investable Market | 2.58% | 36,532 | 112.16 |
| XOP | SPDR S&P Oil & Gas Exploration & Production | 2.56% | 5,161,839 | 814.85 |
| URA | Global X Uranium | 2.51% | 160,656 | 144.11 |
| BNO | United States Brent Oil | 2.35% | 58,297 | 41.95 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -12.15% | 93,020 | 8.03 |
| VIIX | VelocityShares VIX Short Term ETN | -10.48% | 916,280 | 75.47 |
| VIXY | ProShares VIX Short-Term | -10.31% | 1,179,573 | 149.62 |
| GDXJ | Market Vectors Junior Gold Miners | -7.73% | 3,053,394 | 2,163.24 |
| VXBB | ETRACS 2-Month S&P 500 VIX Futures ETN | -6.53% | 1,300 | 5.33 |
| GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | -6.16% | 151,303 | 35.93 |
| VIXM | ProShares VIX Mid-term | -5.99% | 21,923 | 90.06 |
| VXZ | iPath S&P 500 VIX Mid-Term Futures ETN | -5.68% | 385,117 | 255.63 |
| TSXV | Global X S&P/TSX Venture 30 Canada | -5.42% | 2,400 | 1.73 |
| IEZ | iShares Dow Jones U.S. Oil Equipment & Services | -5.30% | 124,888 | 340.11 |
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.
