Commodities, Int'l ETFs Top Weekly Outflows
Outflows from commodity and international equity ETFs offset inflows into U.S. equity ETFs in the week ending Thursday, April 14.
U.S.-listed exchange-traded funds only saw a modest net inflow of $847 million in the week ending Thursday, April 14. Inflows into U.S. equity ETFs and fixed-income ETFs were offset by outflows from international equity ETFs, commodity ETFs and leveraged ETFs.
At the top of the heap in terms of individual ETFs was the iShares MSCI USA Minimum Volatility ETF (USMV | A-75), which had an inflow of $555 million. Other notable winners included the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD | A-77), the Vanguard Extended Market ETF (VXF | A-89) and the iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB | B-58).
On the other side of the ledger, the SPDR Dow Jones Indusrial Average Trust (DIA | A-84) topped the outflows list for the week, losing $538 million.
Other big losers included the iShares MSCI Japan ETF (EWJ | B-95), the SPDR Gold Trust (GLD | A-100), the iShares Nasdaq Biotechnology ETF (IBB | A-67) and the VelocityShares 3X Long Crude Oil ETN (UWTI).
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
USMV | iShares MSCI USA Minimum Volatility | 555.22 | 12,115.65 | 4.80% |
SPY | SPDR S&P 500 | 455.41 | 188,396.06 | 0.24% |
IWM | iShares Russell 2000 | 449.84 | 26,159.48 | 1.75% |
LQD | iShares iBoxx $ Investment Grade Corporate Bond | 415.99 | 28,099.20 | 1.50% |
VXF | Vanguard Extended Market | 319.61 | 4,113.14 | 8.43% |
EMB | iShares J.P. Morgan USD Emerging Markets Bond | 299.04 | 6,227.01 | 5.04% |
HYG | iShares iBoxx $ High Yield Corporate Bond | 272.13 | 17,491.84 | 1.58% |
JNK | SPDR Barclays High Yield Bond | 191.26 | 12,882.80 | 1.51% |
MDY | SPDR S&P MidCap 400 | 178.81 | 15,663.21 | 1.15% |
TIP | iShares TIPS Bond | 171.55 | 17,094.92 | 1.01% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
DIA | SPDR Dow Jones Industrial Average Trust | -537.61 | 12,216.30 | -4.22% |
IVV | iShares Core S&P 500 | -514.52 | 71,824.67 | -0.71% |
EWJ | iShares MSCI Japan | -514.20 | 17,048.90 | -2.93% |
GLD | SPDR Gold | -511.07 | 32,001.05 | -1.57% |
IBB | iShares Nasdaq Biotechnology | -332.66 | 6,786.08 | -4.67% |
BIL | SPDR Barclays 1-3 Month T-Bill | -315.29 | 1,914.72 | -14.14% |
SHY | iShares 1-3 Year Treasury Bond | -289.08 | 10,672.66 | -2.64% |
DXJ | WisdomTree Japan Hedged Equity | -272.93 | 9,462.49 | -2.80% |
UWTI | VelocityShares 3X Long Crude Oil ETN | -241.53 | 1,015.31 | -19.22% |
TLT | iShares 20+ Year Treasury Bond | -209.83 | 9,468.14 | -2.17% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 1,618.80 | 1,203,413.20 | 0.13% |
International Equity | -891.29 | 475,314.29 | -0.19% |
U.S. Fixed Income | 478.74 | 361,181.53 | 0.13% |
International Fixed Income | 393.34 | 31,462.59 | 1.25% |
Commodities | -704.97 | 60,810.99 | -1.16% |
Currency | -18.70 | 1,308.70 | -1.43% |
Leveraged | -513.03 | 23,955.67 | -2.14% |
Inverse | 596.13 | 19,395.68 | 3.07% |
Asset Allocation | 12.31 | 5,611.40 | 0.22% |
Alternatives | -124.46 | 3,620.46 | -3.44% |
Total: | 846.86 | 2,186,074.52 | 0.04% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
JPXN | iShares JPX-Nikkei 400 | 16,256 | 72,538 | 446.23% |
EFO | ProShares Ultra MSCI EAFE | 1,794 | 6,418 | 357.74% |
OUNZ | Van Eck Merk Gold | 64,407 | 220,255 | 341.98% |
FXEU | PowerShares Europe Currency Hedged Low Volatility | 123,238 | 788,919 | 640.16% |
ONEV | SPDR Russell 1000 Low Volatility Focus | 84 | 221 | 262.93% |
FTGC | First Trust Global Tactical Commodity Strategy | 350,280 | 702,877 | 200.66% |
INTF | iShares FactorSelect MSCI International | 6,931 | 29,332 | 423.19% |
INP | iPath MSCI India ETN | 13,522 | 23,207 | 171.62% |
GRI | Cohen & Steers Global Realty Majors | 6,936 | 13,177 | 189.98% |
SCIF | Market Vectors India Small-Cap | 67,867 | 118,056 | 173.95% |
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.