Equity ETFs Top Flows Despite Turmoil
A huge inflow into 'SPY' helped propel total U.S.-listed ETF flows into the positive for the week ending Thursday, Feb. 11.
Despite another tumultuous week in financial markets, investors added money to their exchange-traded fund holdings in the week ending Thursday, Feb. 11. Safe havens such as Treasurys and gold were in favor once again, but the buying extended to U.S. equity ETFs.
In fact, the SPDR S&P 500 (SPY | A-98) was the most popular ETF of the week by far, gaining $5.9 billion in assets. Following suit were the SPDR Gold Trust (GLD | A-100), the First Trust Utilities AlphaDEX (FXU | B-86) and the iShares 3-7 Year Treasury Bond ETF (IEI | A-73).
Another notable ETP on the inflows list was the VelocityShares 3X Long Crude Oil ETN (UWTI), to which investors added $367 million.
In aggregate, U.S.-listed ETFs of all segments saw a net inflow of $5.5 billion.
Weighing on the aggregate figure was $2.1 billion worth of outflows from international equity ETFs such as the iShares MSCI Germany ETF (EWG |A-96) and the WisdomTree Japan Hedged Equity ETF (DXJ | B-67).
Other outflow leaders included the FirstTrust Arca Biotechnology ETF (FBT | B-60), the Financial Sector SPDR (XLF | A-93) and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG | B-68).
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 | 5,927.36 | 166,732.22 | 3.69% |
| GLD | SPDR Gold | 664.93 | 28,657.55 | 2.38% |
| FXU | First Trust Utilities AlphaDEX | 661.03 | 1,309.31 | 101.97% |
| IEI | iShares 3-7 Year Treasury Bond | 565.35 | 6,481.24 | 9.56% |
| MDY | SPDR S&P MidCap 400 | 398.25 | 12,972.98 | 3.17% |
| UWTI | VelocityShares 3X Long Crude Oil ETN | 366.53 | 820.37 | 80.76% |
| USMV | iShares MSCI USA Minimum Volatility | 305.50 | 8,137.27 | 3.90% |
| VIG | Vanguard Dividend Appreciation | 286.79 | 18,303.89 | 1.59% |
| DIA | SPDR Dow Jones Industrial Average Trust | 277.47 | 11,590.29 | 2.45% |
| USO | United States Oil | 274.70 | 3,183.36 | 9.44% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| FBT | First Trust NYSE Arca Biotechnology | -853.13 | 896.42 | -48.76% |
| QQQ | PowerShares QQQ | -665.19 | 34,246.64 | -1.91% |
| XLF | Financial Select SPDR | -448.66 | 14,396.36 | -3.02% |
| HYG | iShares iBoxx $ High Yield Corporate Bond | -431.28 | 12,556.73 | -3.32% |
| EWG | iShares MSCI Germany | -368.30 | 4,807.86 | -7.12% |
| DXJ | WisdomTree Japan Hedged Equity | -322.89 | 10,720.21 | -2.92% |
| VGK | Vanguard FTSE Europe | -242.46 | 12,899.89 | -1.84% |
| IEF | iShares 7-10 Year Treasury Bond | -240.14 | 10,075.37 | -2.33% |
| IWR | iShares Russell Mid-Cap | -239.68 | 10,592.51 | -2.21% |
| XLV | Health Care Select SPDR | -235.19 | 11,609.41 | -1.99% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 5,314.53 | 1,055,788.51 | 0.50% |
| International Equity | -2,103.44 | 431,812.63 | -0.49% |
| U.S. Fixed Income | 1,074.34 | 341,431.20 | 0.31% |
| International Fixed Income | -154.55 | 27,422.92 | -0.56% |
| Commodities | 942.96 | 51,669.65 | 1.82% |
| Currency | -9.95 | 1,405.95 | -0.71% |
| Leveraged | 543.11 | 19,942.81 | 2.72% |
| Inverse | -60.58 | 19,290.96 | -0.31% |
| Asset Allocation | -0.52 | 5,128.42 | -0.01% |
| Alternatives | -77.82 | 3,013.15 | -2.58% |
| Total: | 5,468.08 | 1,956,906.20 | 0.28% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| PSCI | PowerShares S&P SmallCap Industrials | 17,445 | 53,515 | 306.76% |
| NYF | iShares New York AMT-Free Muni Bond | 9,632 | 16,884 | 175.29% |
| IHF | iShares U.S. Healthcare Providers | 139,391 | 265,806 | 190.69% |
| SCHP | Schwab U.S. TIPS | 178,016 | 302,324 | 169.83% |
| TIPZ | PIMCO Broad U.S. TIPS | 15,654 | 24,200 | 154.59% |
| IRY | SPDR S&P International Health Care | 13,422 | 37,183 | 277.03% |
| SJB | ProShares Short High Yield | 210,769 | 334,604 | 158.75% |
| IAT | iShares U.S. Regional Banks | 397,012 | 868,787 | 218.83% |
| TLO | SPDR Barclays Long Term Treasury | 123,158 | 298,602 | 242.45% |
| TILT | FlexShares Morningstar U.S. Market Factor Tilt | 30,786 | 35,245 | 114.48% |
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.
