Calm Conditions Spur Weekly Inflows
About $3.7 billion entered U.S-listed ETFs in the week-ending Thursday, March 31.
Calm conditions in financial markets swayed investors to add money into ETFs this week. Net inflows into U.S.-listed exchange-traded funds totaled $3.7 billion in the week-ending Thursday, March 31, led by a net $1.9 billion inflow into U.S. equity ETFs.
International equity ETFs, U.S. fixed-income ETFs, and international fixed-income ETFs all saw positive inflows as well, according to FactSet data.
In terms of individual funds, the PowerShares QQQ (QQQ | A-67) took the top spot on the flows list, with $710 million going into the ETF.
That was followed by the First Trust Energy AlphaDEX (FXN | B-47), which gathered $647 million. The inflows into FXN contrasted with the $641 million of outflows from sister fund, the First Trust Health Care AlphaDEX (FXH | B-68). The highly-popular First Trust Dorsey Wright Focus 5 (FV | B-41) shuffles between the various First Trust ETFs based on a relative strength model.
Other funds with notable outflows for the week include the WisdomTree Europe Hedged Equity ETF (HEDJ | B-47), which lost $460 million; the iShares 20+ Year Treasury Bond ETF (TLT | A-83), which lost $416 million; and the the SPDR S&P Regional Banking ETF (KRE | A-70), which lost $400 million, or 18% of its assets under management.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| QQQ | PowerShares QQQ | 709.44 | 39,081.69 | 1.85% |
| FXN | First Trust Energy AlphaDEX | 647.28 | 1,259.89 | 105.66% |
| EEM | iShares MSCI Emerging Markets | 476.36 | 25,333.59 | 1.92% |
| VO | Vanguard Mid-Cap | 299.86 | 13,292.32 | 2.31% |
| AGG | iShares Core U.S. Aggregate Bond | 297.86 | 34,785.47 | 0.86% |
| USMV | iShares MSCI USA Minimum Volatility | 258.92 | 11,214.90 | 2.36% |
| PDP | PowerShares DWA Momentum | 226.32 | 1,451.37 | 18.47% |
| VNQ | Vanguard REIT | 225.10 | 29,942.24 | 0.76% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond | 224.60 | 27,069.20 | 0.84% |
| IVV | iShares Core S&P 500 | 216.76 | 71,183.79 | 0.31% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWM | iShares Russell 2000 | -670.94 | 25,959.02 | -2.52% |
| FXH | First Trust Health Care AlphaDEX | -641.15 | 1,365.55 | -31.95% |
| HEDJ | WisdomTree Europe Hedged Equity | -459.94 | 13,997.49 | -3.18% |
| TLT | iShares 20+ Year Treasury Bond | -416.16 | 9,774.10 | -4.08% |
| KRE | SPDR S&P Regional Banking | -400.16 | 1,811.41 | -18.09% |
| IYR | iShares U.S. Real Estate | -281.15 | 4,678.23 | -5.67% |
| IAU | iShares Gold Trust | -267.94 | 7,388.85 | -3.50% |
| DVY | iShares Select Dividend | -178.51 | 14,561.26 | -1.21% |
| GLD | SPDR Gold | -175.29 | 32,553.08 | -0.54% |
| DIA | SPDR Dow Jones Industrial Average Trust | -167.21 | 12,470.81 | -1.32% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 1,873.38 | 476,685.08 | 0.39% |
| International Equity | 517.66 | 189,496.97 | 0.27% |
| U.S. Fixed Income | 944.50 | 146,201.91 | 0.65% |
| International Fixed Income | 107.56 | 12,398.52 | 0.87% |
| Commodities | -430.25 | 24,106.24 | -1.78% |
| Currency | -10.35 | 575.36 | -1.80% |
| Leveraged | 12.78 | 9,269.28 | 0.14% |
| Inverse | 482.19 | 7,784.29 | 6.19% |
| Asset Allocation | 9.59 | 2,169.80 | 0.44% |
| Alternatives | 189.08 | 1,361.37 | 13.89% |
| Total: | 3,696.13 | 870,048.83 | 0.42% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| JSC | SPDR Russell/Nomura Small Cap Japan | 3,281 | 16,271 | 495.93% |
| WPS | iShares International Developed Property | 12,646 | 62,672 | 495.58% |
| RZG | Guggenheim S&P SmallCap 600 Pure Growth | 17,881 | 71,216 | 398.27% |
| QEMM | SPDR MSCI Emerging Markets Quality Mix | 16,214 | 53,048 | 327.17% |
| EWO | iShares MSCI Austria Capped | 94,664 | 298,358 | 315.18% |
| PBJ | PowerShares Dynamic Food & Beverage | 52,644 | 158,688 | 301.43% |
| XMPT | Market Vectors CEF Municipal Income | 44,039 | 119,943 | 272.36% |
| DBKO | Deutsche X-trackers MSCI South Korea Hedged Equity ETF | 281,094 | 695,878 | 247.56% |
| PXMG | PowerShares Russell Midcap Pure Growth | 3,964 | 14,075 | 355.02% |
| FBND | Fidelity Total Bond | 25,888 | 93,617 | 361.62% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| VSS | Vanguard FTSE All-World ex-US Small Cap | 0.00% | 190,330 | 2,478.12 |
| VPU | Vanguard Utilities | 0.00% | 499,182 | 2,413.06 |
| XLB | Materials Select SPDR | 0.00% | 12,081,222 | 2,398.88 |
| VXF | Vanguard Extended Market | 0.00% | 2,111,062 | 3,513.28 |
| XBI | SPDR S&P Biotech | 0.00% | 20,039,390 | 1,800.51 |
| XLE | Energy Select SPDR | 0.00% | 41,676,438 | 12,849.39 |
| XLY | Consumer Discretionary Select SPDR | 0.00% | 15,896,447 | 10,769.72 |
| PSET | Principal Price Setters | 0.00% | 6,310 | 5.06 |
| XLU | Utilities Select SPDR | 0.00% | 43,314,874 | 8,158.51 |
| WMCR | Guggenheim Wilshire Micro-Cap | 0.00% | 25,492 | 21.56 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| VSS | Vanguard FTSE All-World ex-US Small Cap | 0.00% | 190,330 | 2,478.12 |
| VPU | Vanguard Utilities | 0.00% | 499,182 | 2,413.06 |
| XLB | Materials Select SPDR | 0.00% | 12,081,222 | 2,398.88 |
| VXF | Vanguard Extended Market | 0.00% | 2,111,062 | 3,513.28 |
| XBI | SPDR S&P Biotech | 0.00% | 20,039,390 | 1,800.51 |
| XLE | Energy Select SPDR | 0.00% | 41,676,438 | 12,849.39 |
| XLY | Consumer Discretionary Select SPDR | 0.00% | 15,896,447 | 10,769.72 |
| PSET | Principal Price Setters | 0.00% | 6,310 | 5.06 |
| XLU | Utilities Select SPDR | 0.00% | 43,314,874 | 8,158.51 |
| WMCR | Guggenheim Wilshire Micro-Cap | 0.00% | 25,492 | 21.56 |
Disclaimer: All data is from FactSet, 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.
