Investors pulled $3.77 billion from U.S. equities ETFs in the week ended Oct. 11, as total U.S.-listed ETF assets fell to less than $1.298 trillion.
Investors pulled more than $3.77 billion from U.S. equities ETFs in the past week, as a warning from the International Monetary Fund about risks to global growth fueled net outflows and a 1.8 percent pullback in the Dow Jones industrial average.
Overall net outflows were $3 billion and total U.S.-listed ETF assets fell by 1.3 percent to less than $1.298 trillion as of Thursday, Oct. 11, from $1.315 trillion in the prior week, according to data compiled by IndexUniverse. To put those figures in context, ETF assets reached a record of nearly $1.317 trillion on Friday, Oct. 5.
The IMF’s warning that the global economy might be at the risk of falling back into recession sparked a pullback in global markets—all the more so because it fretted that policymakers would have fewer ways to rekindle growth than they did at the time of the market collapse in September 2008. The Dow slipped 1.8 percent to close at 13,326.12 from 13,575.36 in the five-day period ended Oct. 4.
The least popular fund last week was the S&P 500 ETF (NYSEArca: SPY), with redemptions of $2.29 billion. Even junk bonds got caught up in the selling SPDR Barclays Capital High Yield Bond ETF (NYSEArca: JNK) and the iShares iBoxx $ High Yield Corporate Bond Fund (NYSEArca: HYG) suffering outflows of $252.7 million and $230.4 million, respectively.
Last week’s most popular fund was the Energy Select Sector SPDR Fund (NYSEArca: XLE), with creations $501.5 million.
Gold continued to get traction, with SPDR Gold Shares (NYSEArca: GLD) pulling in $429.8 million in fresh assets. The world’s biggest fund now has more than $76 billion in assets.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| XLE | Energy Select SPDR | 501.54 | 7,866.55 | 6.81% |
| GLD | SPDR Gold | 429.75 | 76,231.12 | 0.57% |
| XOP | SPDR S&P Oil & Gas Exploration & Production | 219.25 | 953.53 | 29.86% |
| IWM | iShares Russell 2000 | 206.16 | 17,563.58 | 1.19% |
| PCY | PowerShares Emerging Markets Sovereign Debt | 201.02 | 2,755.46 | 7.87% |
| XLF | Financial Select SPDR | 151.85 | 8,362.44 | 1.85% |
| XLY | Consumer Discretionary Select SPDR | 148.52 | 3,387.08 | 4.59% |
| VCSH | Vanguard Short-Term Corporate Bond | 128.43 | 4,302.47 | 3.08% |
| EFA | iShares MSCI EAFE | 127.10 | 36,564.53 | 0.35% |
| UNG | United States Natural Gas | 120.19 | 1,281.16 | 10.35% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 | -2,290.12 | 116,140.24 | -1.93% |
| QQQ | PowerShares QQQ | -1,117.00 | 32,194.60 | -3.35% |
| OEF | iShares S&P 100 | -697.14 | 4,306.50 | -13.93% |
| DIA | SPDR Dow Jones Industrial Average Trust | -667.76 | 10,984.42 | -5.73% |
| XLK | Technology Select SPDR | -594.95 | 9,823.61 | -5.71% |
| TIP | iShares Barclays TIPS Bond | -550.62 | 22,680.32 | -2.37% |
| JNK | SPDR Barclays Capital High Yield Bond | -252.73 | 12,036.76 | -2.06% |
| HYG | iShares iBoxx $ High Yield Corporate Bond | -230.44 | 16,962.94 | -1.34% |
| MDY | SPDR S&P MidCap 400 | -210.17 | 9,889.20 | -2.08% |
| TLT | iShares Barclays 20+ Year Treasury Bond | -157.12 | 3,063.05 | -4.88% |
ETF Weekly Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -3,773.89 | 592,494.58 | -0.64% |
| International Equity | 612.75 | 295,298.64 | 0.21% |
| U.S. Fixed Income | 60.53 | 222,185.01 | 0.03% |
| International Fixed Income | 420.20 | 22,257.72 | 1.89% |
| Commodities | 571.54 | 124,593.51 | 0.46% |
| Currency | -83.44 | 2,837.89 | -2.94% |
| Leveraged | -8.62 | 12,842.18 | -0.07% |
| Inverse | -116.35 | 19,022.53 | -0.61% |
| Asset Allocation | 14.81 | 2,243.72 | 0.66% |
| Alternatives | 2.81 | 4,065.48 | 0.07% |
| Total: | -2,299.66 | 1,297,841.27 | -0.18% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1 Week Average Volume |
% of Average |
| PWB | PowerShares Dynamic Large Cap Growth | 113,842 | 2,460,872 | 432.33% |
| VOOV | Vanguard S&P 500 Value | 4,022 | 72,006 | 358.02% |
| PSCF | PowerShares S&P SmallCap Financials | 12,101 | 184,310 | 304.63% |
| IHI | iShares Dow Jones U.S. Medical Devices | 45,456 | 691,843 | 304.40% |
| SCHR | Schwab Intermediate-Term U.S. Treasury | 52,206 | 743,255 | 284.74% |
| OEF | iShares S&P 100 | 1,024,363 | 14,004,758 | 273.43% |
| ACWX | iShares MSCI ACWI ex US | 411,802 | 5,424,573 | 263.46% |
| GXG | Global X FTSE Colombia 20 | 377,156 | 4,964,685 | 263.27% |
| MCHI | iShares MSCI China | 301,898 | 3,945,191 | 261.36% |
| RXL | ProShares Ultra Health Care | 7,297 | 86,027 | 235.79% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| UNG | United States Natural Gas | 6.45% | 46,010,406 | 1,281.16 |
| GRN | iPath Global Carbon ETN | 6.33% | 2,504 | 1.28 |
| KOL | Market Vectors Coal | 5.38% | 1,826,587 | 220.19 |
| OLEM | iPath Pure Beta Crude Oil ETN | 5.10% | 514,912 | 5.13 |
| UNL | United States 12 Month Natural Gas | 4.80% | 256,814 | 54.53 |
| CHIM | Global X China Materials | 4.44% | 64,952 | 2.40 |
| DPU | PowerShares DB Commodity Long ETN | 3.97% | 4,724 | 6.05 |
| NAGS | Teucrium Natural Gas | 3.91% | 76,146 | 5.32 |
| PKOL | PowerShares Global Coal | 3.75% | 13,245 | 9.86 |
| TUR | iShares MSCI Turkey Investable Market | 3.57% | 1,161,167 | 593.95 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | -8.30% | 313,693 | 41.33 |
| CAFE | iPath Pure Beta Coffee ETN | -7.71% | 16,961 | 1.71 |
| SSDD | ETRACS ISE SSD ETN | -7.04% | 1,680 | 10.21 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -6.64% | 179,139 | 4.85 |
| TAN | Guggenheim Solar | -6.11% | 120,642 | 43.79 |
| JJN | iPath Dow Jones-UBS Nickel Total Return ETN | -5.82% | 3,567 | 6.23 |
| KWT | Market Vectors Solar Energy | -5.47% | 6,816 | 10.29 |
| GLDX | Global X Gold Explorers | -5.47% | 227,828 | 39.16 |
| SGG | iPath Dow Jones-UBS Sugar Total Return ETN | -5.45% | 138,050 | 43.81 |
| CANE | Teucrium Sugar | -5.34% | 103,878 | 1.84 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| ITB | iShares Dow Jones U.S. Home Construction | 64.07 | -4.52 | 1,383.16 |
| EGPT | Market Vectors Egypt | 60.47 | -1.11 | 54.32 |
| BBH | Market Vectors Biotech | 49.08 | -2.98 | 149.33 |
| XHB | SPDR S&P Homebuilders | 45.89 | -3.21 | 1,855.99 |
| TUR | iShares MSCI Turkey Investable Market | 44.72 | 3.57 | 593.95 |
| FBT | First Trust NYSE Arca Biotechnology | 40.81 | -3.58 | 255.19 |
| INCO | EGShares India Consumer | 39.46 | -3.10 | 2.24 |
| XBI | SPDR S&P Biotech | 39.44 | -2.67 | 671.13 |
| IBB | iShares NASDAQ Biotechnology | 37.25 | -2.85 | 2,401.97 |
| TAO | Guggenheim China Real Estate | 36.75 | -2.25 | 35.89 |
Bottom 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| VXX | iPath S&P 500 VIX Short-Term Futures ETN | -75.37 | 1.19 | 1,626.22 |
| VIIX | VelocityShares VIX Short Term ETN | -75.31 | 1.23 | 9.44 |
| VIXY | ProShares VIX Short-Term | -75.28 | 1.52 | 164.03 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -74.45 | -6.64 | 4.85 |
| VXZ | iPath S&P 500 VIX Mid-Term Futures ETN | -47.05 | -1.71 | 154.79 |
| VIXM | ProShares VIX Mid-term | -46.62 | -1.52 | 101.91 |
| VIIZ | VelocityShares VIX Mid Term ETN | -46.28 | -4.38 | 5.80 |
| KWT | Market Vectors Solar Energy | -37.52 | -5.47 | 10.29 |
| TAN | Guggenheim Solar | -35.34 | -6.11 | 43.79 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | -33.33 | -8.30 | 41.33 |
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.
