Jul 03, 2014

Reviewed by: etf.com Staff

Edited by: etf.com Staff

Between markets smelling an improving job market, and strong flows, ETF assets reach record high.

Investors added nearly $2 billion to the ETF market in the past week ending Wednesday, lifting U.S.-listed ETF assets to a record with the help of markets, which also rose to record highs. Stocks rose throughout the holiday-shortened week on expectations of strong June job-market data that could force the Federal Reserve to amend expectations surrounding monetary policy.

The majority of new assets flowed into equity funds, specifically international equity funds, which pulled in $1.7 billion. U.S. equities collected $621 million. Meanwhile, fixed-income ETFs had outflows of about $771 million.

Total ETF assets stood at more than $1.872 trillion as of Wednesday, July 2, according to data compiled by ETF.com’s data screener. The S&P 500 Index’s 0.89 percent increase pulled assets higher for the week. ETF.com’s survey covers the shortened week from Thursday, June 26 to Wednesday, July 2. Markets are shut Friday, July 4, for the U.S Independence Day holiday.

Markets hit new highs on better-than-expected jobs data from paycheck processor ADP, which showed that 281,000 private-sector jobs were created in June, more than the 205,000 estimated. The U.S. government’s separate report, which was released on Thursday after ETF.com’s flows survey ended, showed 288,000 new jobs, suggesting the Fed might have to tweak expectations.

Apart from rising stocks, bond yields rose and gold sold off—suggestions that markets are telling investors the Fed may now reckon that accelerating improvement of the job market could require it to begin raising rates a bit sooner than it has recently been signaling. The Fed has been suggesting the possible start of raising official rates as soon as mid-2015.

Last week’s most popular fund was the iShares Russell 2000 ETF (IWM | A-82), which pulled in $1.79 billion, while the week’s least popular fund was another iShares ETF, the iShares Russell 1000 Value ETF (IWD | A-85), which bled $1.64 billion.

Top 10 Creations (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
IWM	iShares Russell 2000	1,785.62	28,092.31	6.79%
IJH	iShares Core S&P Mid-Cap	1,477.04	24,864.06	6.32%
EFA	iShares MSCI EAFE	1,021.56	56,528.50	1.84%
SPY	SPDR S&P 500	994.05	170,688.76	0.59%
GLD	SPDR Gold	483.27	33,950.11	1.44%
MVV	ProShares Ultra MidCap 400	482.03	1,250.53	62.72%
XLV	Health Care Select SPDR	434.82	10,157.36	4.47%
FXG	First Trust Consumer Staples AlphaDEX	422.82	1,781.09	31.13%
FXH	First Trust Health Care AlphaDEX	407.20	2,434.88	20.08%
UWM	ProShares Ultra Russell 2000	378.34	1,202.57	45.90%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
IWD	iShares Russell 1000 Value	-1,640.76	23,200.47	-6.60%
IEF	iShares 7-10 Year Treasury Bond	-1,535.04	4,688.36	-24.67%
IVV	iShares Core S&P 500	-1,279.81	56,919.88	-2.20%
IWN	iShares Russell 2000 Value	-726.21	6,103.94	-10.63%
IWS	iShares Russell Mid-Cap Value	-646.02	6,756.44	-8.73%
XLF	Financial Select SPDR	-530.22	18,459.52	-2.79%
SSO	ProShares Ultra S&P 500	-458.95	2,001.88	-18.65%
UST	ProShares Ultra 7-10 Year Treasury	-405.57	230.51	-63.76%
XLB	Materials Select SPDR	-315.66	5,211.12	-5.71%
IWR	iShares Russell Mid-Cap	-305.33	10,374.61	-2.86%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	620.92	1,021,643.52	0.06%
International Equity	1,700.56	452,785.79	0.38%
U.S. Fixed Income	-1,008.90	252,550.98	-0.40%
International Fixed Income	237.25	24,684.01	0.96%
Commodities	520.97	68,092.69	0.77%
Currency	-28.71	1,718.91	-1.67%
Leveraged	-165.47	22,350.73	-0.74%
Inverse	21.21	20,666.24	0.10%
Asset Allocation	34.88	4,893.63	0.71%
Alternatives	-81.67	2,980.89	-2.74%
Total:	1,851.04	1,872,367.40	0.10%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker	Name	Average Volume (30 Day)	1 Week Average Volume	% of Average
DGL	PowerShares DB Gold	41,726	771,623	369.85%
USCI	United States Commodity	200,693	3,641,685	362.91%
DBO	PowerShares DB Oil	131,034	2,318,704	353.91%
RLY	SPDR SSgA Multi-Asset Real Return	49,725	842,870	339.01%
IUSV	iShares Core U.S. Value	40,330	678,697	336.57%
RGI	Guggenheim S&P Equal Weight Industrials	13,684	227,530	332.55%
FRI	First Trust S&P REIT	225,576	3,682,566	326.50%
FFR	First Trust FTSE EPRA/NAREIT Developed Markets Real Estate	13,733	216,545	315.37%
EWX	SPDR S&P Emerging Markets Small Cap	127,103	1,940,189	305.29%
RTM	Guggenheim S&P Equal Weight Materials	12,491	182,678	292.50%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
GRN	iPath Global Carbon ETN	13.43%	13,527	1.91
COPX	Global X Copper Miners	7.32%	233,966	37.42
JJN	iPath Dow Jones-UBS Nickel Total Return ETN	7.01%	22,823	16.01
NINI	iPath Pure Beta Nickel ETN	6.39%	16,336	6.97
KWEB	KraneShares CSI China Internet	6.33%	325,879	77.47
INCO	EGShares India Consumer	5.95%	10,925	7.19
URA	Global X Uranium	5.75%	856,721	240.63
CU	First Trust ISE Global Copper	5.73%	80,697	31.03
SPGH	ETRACS S&P 500 Gold Hedged ETN	5.72%	6,589	22.02
BJK	Market Vectors Gaming	5.43%	159,599	61.79

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
BARL	Morgan Stanley S&P 500 Oil Hedged ETN	-33.98%	2,001	18.36
CVOL	C-Tracks Citi Volatility ETN	-12.93%	578,563	5.12
QDEM	Market Vectors MSCI Emerging Markets Quality Dividend	-6.96%	14,597	5.44
SOYB	Teucrium Soybeans	-5.98%	43,947	5.51
JO	iPath Dow Jones-UBS Coffee Total Return ETN	-5.34%	629,342	82.68
NAGS	Teucrium Natural Gas	-5.26%	10,478	1.31
JJG	iPath Dow Jones UBS Grains Total Return ETN	-5.21%	250,964	75.76
JJA	iPath Dow Jones UBS Agriculture Total Return ETN	-5.13%	51,637	84.33
CAFE	iPath Pure Beta Coffee ETN	-5.13%	30,424	6.74
WEET	iPath Pure Beta Grains ETN	-4.99%	1,500	0.45

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
INDL	Direxion Daily India Bull 3X	82.45	7.28	73.46
SOXL	Direxion Daily Semiconductor Bull 3X	71.88	7.32	118.36
NUGT	Direxion Daily Gold Miners Bull 3X	69.06	8.27	841.23
JNUG	Direxion Daily Junior Gold Miners Bull 3X	67.25	2.27	184.36
SCIF	Market Vectors India Small-Cap	66.06	3.28	434.41
GASL	Direxion Daily Natural Gas Related Bull 3X Shares	61.83	-1.90	27.36
DRN	Direxion Daily Real Estate Bull 3x	59.71	1.94	96.90
JO	iPath Dow Jones-UBS Coffee Total Return ETN	53.64	-5.34	82.68
SCIN	EGShares India Small Cap	53.56	4.44	34.59
SMIN	iShares MSCI India Small-Cap	50.20	4.59	9.74

Bottom 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
JDST	Direxion Daily Junior Gold Miners Bear 3X	-80.28	-5.24	64.08
UVXY	ProShares Ultra VIX Short-Term Futures	-63.13	-8.40	273.55
TVIX	VelocityShares Daily 2X VIX Short Term ETN	-63.07	-8.58	142.03
DGAZ	VelocityShares 3X Inverse Natural Gas ETN	-63.01	13.94	348.48
CVOL	C-Tracks Citi Volatility ETN	-62.35	-12.93	5.12
DUST	Direxion Daily Gold Miners Bear 3X	-62.34	-8.04	221.21
GASX	Direxion Daily Natural Gas Related Bear 3X Shares	-49.19	1.57	8.52
SOXS	Direxion Daily Semiconductor Bear 3X	-48.99	-7.00	21.05
DRV	Direxion Daily Real Estate Bear 3x	-42.09	-2.33	11.55
TVIZ	VelocityShares Daily 2X VIX Mid Term ETN	-40.00	-7.56	1.03

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.

etf.com Staff

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ETF Assets Reach Record $1.872T

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