Weekly ETF Flows: Stocks Back In Favor

February 14, 2014

Close to $11 billion flowed back into equity ETFs last week, amid promises from the Fed’s new chairman to keep tapering in place.

Investors plowed close to $11 billion into equities-focused ETFs last week, $9.24 billion of it to U.S. equities strategies, as markets surged in the wake of Federal Reserve Chairman Janet Yellen’s promises to stay the course on reducing the central bank’s economic stimulus.

Fixed-income ETFs experienced total inflows of $2.6 billion, which paled in comparison with last week’s $11.26 billion in fixed-income inflows, but investors showed continued optimism about the market nonetheless.

Overall, investors piled $14.0 billion into ETFs in the week ended Thursday, Feb. 13, pulling total U.S.-listed ETF assets up by 3.4 percent to $1.683 trillion, according to data compiled by ETF.com.

The dramatic pivot in ETF flows followed Federal Reserve Chair Janet Yellen’s promise Tuesday to stay on course to pare the Fed’s economic stimulus program despite a recent slowdown in job growth.

Markets rallied around Yellen’s statements before the House Financial Services Committee to “be very careful not to jump to conclusions" about recent weak job gains, citing arctic winter conditions that adversely affected the economy and job market.

So, investors are rewarding equities and buying bond funds spanning the yield curve and credit quality.

The SPDR S&P 500 ETF (SPY | A-97) led all equity funds, raking in $5.3 billion last week, bringing its total assets up to $154.0 billion. The Pimco 0-5 Year High Yield Corporate Bond (HYS) led all bond inflows, pulling in $504.7 million.

On the contrary, the iShares U.S. Industrials (IYJ | A-93) was the least popular ETF last week, redeeming $636.6 million, bringing its assets down to $1.28 billion.

 

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 5,302.16 154,044.55 3.56%
IWM iShares Russell 2000 1,423.28 25,449.50 5.92%
IVV iShares Core S&P 500 559.84 49,281.53 1.15%
HYS PIMCO 0-5 Year High Yield Corporate Bond 504.74 4,242.43 13.50%
IYH iShares U.S. Healthcare 414.72 2,758.73 17.69%
EFA iShares MSCI EAFE 395.16 52,674.83 0.76%
VNQ Vanguard REIT 392.36 19,494.71 2.05%
GLD SPDR Gold 386.47 33,581.18 1.16%
XLF Financial Select SPDR 359.51 16,764.84 2.19%
XLB Materials Select SPDR 355.35 5,004.57 7.64%

Top 9 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IYJ iShares U.S. Industrials -636.59 1,281.53 -33.19%
IYE iShares U.S. Energy -635.80 1,218.82 -34.28%
VIG Vanguard Dividend Appreciation -618.55 18,272.87 -3.27%
XLE Energy Select SPDR -287.84 7,455.92 -3.72%
FXN First Trust Energy AlphaDEX -268.39 151.09 -63.98%
FXR First Trust Industrials/Producer Durables AlphaDEX -266.24 735.08 -26.59%
IYR iShares U.S. Real Estate -252.27 3,948.84 -6.00%
MOO Market Vectors Agribusiness -222.49 3,802.18 -5.53%
MDY SPDR S&P MidCap 400 -220.41 14,805.24 -1.47%

ETF Weekly Flows By Asset Class

  Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 9,239.22 905,280.11 1.02%
International Equity 1,714.55 394,572.91 0.43%
U.S. Fixed Income 2,476.93 245,748.78 1.01%
International Fixed Income 105.47 20,792.88 0.51%
Commodities 324.55 66,116.71 0.49%
Currency -44.83 1,994.76 -2.25%
Leveraged -76.59 21,229.98 -0.36%
Inverse 37.40 20,488.83 0.18%
Asset Allocation 49.47 3,987.04 1.24%
Alternatives 179.73 3,424.88 5.25%
Total: 14,005.91 1,683,636.87 0.83%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
FTGC First Trust Global Tactical Commodity Strategy 77,199 2,076,928 538.07%
FXN First Trust Energy AlphaDEX 692,771 12,605,309 363.91%
RYE Guggenheim S&P Equal Weight Energy 12,388 207,239 334.58%
IYE iShares U.S. Energy 1,234,716 20,127,084 326.02%
IYJ iShares U.S. Industrials 594,306 9,464,729 318.51%
DBB PowerShares DB Base Metals 444,853 6,641,257 298.58%
RIGS RiverFront Strategic Income 98,287 1,455,298 296.13%
VCLT Vanguard Long-Term Corporate Bond 173,024 2,428,229 280.68%
TUZ PIMCO 1-3 Year U.S. Treasury 25,649 353,877 275.94%
MBG SPDR Barclays Mortgage Backed Bond 23,087 316,892 274.53%

Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GDXJ Market Vectors Junior Gold Miners 14.39% 23,802,632 1,899.64
GLDX Global X Gold Explorers 13.67% 620,370 39.32
SIL Global X Silver Miners 13.36% 2,917,562 252.72
SLVP iShares MSCI Global Silver Miners 12.38% 106,399 10.38
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) 12.11% 154,912 2.61
GGGG Global X PURE Gold Miners 12.04% 33,007 3.60
PSAU PowerShares Global Gold and Precious Metals 9.06% 99,250 26.41
GDX Market Vectors Gold Miners 8.74% 265,626,575 7,988.71
JUNR Global X Junior Miners 8.71% 110,042 5.59
RING iShares MSCI Global Gold Miners 8.00% 383,877 55.05

Bottom 8 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
VIXY ProShares VIX Short-Term -17.81% 4,139,258 111.49
VIIX VelocityShares VIX Short Term ETN -17.70% 442,683 9.76
VXX iPath S&P 500 VIX Short-Term Futures ETN -17.70% 181,516,567 907.16
         
         
VIXM ProShares VIX Mid-term -9.44% 383,910 56.34
VIIZ VelocityShares VIX Mid Term ETN -9.43% 59,772 1.92
VXZ iPath S&P 500 VIX Mid-Term Futures ETN -9.43% 3,546,049 93.02
XVZ iPath S&P Dynamic VIX ETN -8.31% 314,788 64.66
SGG iPath Dow Jones-UBS Sugar Total Return ETN -3.99% 117,414 30.11

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
JNUG Direxion Daily Junior Gold Miners Bull 3X 121.93 46.45 52.26
NUGT Direxion Daily Gold Miners Bull 3X 71.12 27.15 821.20
GLDX Global X Gold Explorers 35.89 13.67 39.32
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) 35.33 12.11 2.61
GDXJ Market Vectors Junior Gold Miners 34.25 14.39 1,899.64
GRN iPath Global Carbon ETN 31.58 7.67 2.54
RUSS Direxion Daily Russia Bear 3X 28.11 -13.00 7.93
UGAZ VelocityShares 3X Long Natural Gas ETN 26.60 -30.45 107.72
JO iPath Dow Jones-UBS Coffee Total Return ETN 25.85 0.72 169.27
BRZS Direxion Daily Brazil Bear 3x 25.11 -12.27 3.21

Bottom 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
JDST Direxion Daily Junior Gold Miners Bear 3X -66.88 -35.98 10.75
DGAZ VelocityShares 3X Inverse Natural Gas ETN -55.76 32.17 257.97
DUST Direxion Daily Gold Miners Bear 3X -49.21 -24.07 204.56
KOLD ProShares UltraShort DJ- UBS Natural Gas -37.24 21.74 55.29
RUSL Direxion Daily Russia Bull 3X -26.91 14.02 19.13
BRZU Direxion Daily Brazil Bull 3x -26.26 12.05 7.34
YINN Direxion Daily FTSE China Bull 3X -23.76 10.81 94.55
BIS ProShares UltraShort NASDAQ Biotech -23.29 -11.09 11.89
LBJ Direxion Daily Latin America Bull 3X -23.08 12.17 18.50
KORU Direxion Daily South Korea Bull 3x -22.24 10.33 2.18

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.

Find your next ETF

Reset All