ETF Assets Reach A Record On S&P Gains

U.S.-listed ETF assets, riding market gains, reached a record last week, even as net flows turned negative.

ETF.com
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Reviewed by: etf.com Staff
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Edited by: etf.com Staff

U.S.-listed ETF assets, riding market gains, reached a record last week, even as net flows turned negative.

Investors pulled $6.5 billion out of U.S. equity ETFs in the past week, but total U.S.-listed ETF assets still rose to a record of almost $1.779 trillion as a rising stock market offset net outflows that were slightly negative to the tune of $239 million.

Net flows were only slightly negative because investors gravitated to international strategies, both equities and fixed income. For example, U.S. fixed-income ETFs gathered $4.5 billion. International equity ETFs pulled in $1.9 billion, and international fixed-income ETFs added $201.5 million in fresh assets, according to data compiled by ETF.com.

The S&P 500 Index rose by almost 1 percent, helped by the Federal Reserve’s release of minutes from its last policy meeting suggesting the central bank doesn’t foresee any major changes to its approach to managing the five-year economy recovery. The Fed is “tapering” quantitative easing, but is not likely to start raising short-term interest rates until sometime in 2015.

The SPDR S&P 500 ETF (SPY | A-97) last week led all ETFs, with outflows of $4.3 billion. Year-to-date, investors have pulled $24.5 billion out of SPY, according to data compiled by ETF.com.

The iShares 7-10 Year Treasury Bond (IEF | A-51) gathered $3.3 billion last week and has added more than $6 billion, year-to-date, as investors continue to express comfort that bond yields are likely to rise slowly enough to make longer-dated bonds a relatively safe asset class.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IEFiShares 7-10 Year Treasury Bond3,326.809,824.7851.20%
USTProShares Ultra 7-10 Year Treasury1,301.291,906.02215.18%
IYRiShares U.S. Real Estate917.955,521.7219.94%
EEMiShares MSCI Emerging Markets365.7238,424.590.96%
IEMGiShares Core MSCI Emerging Markets296.264,583.996.91%
HYGiShares iBoxx $ High Yield Corporate Bond292.5513,056.662.29%
QQQPowerShares QQQ258.5241,179.650.63%
VNQVanguard REIT231.0422,528.231.04%
EZUiShares MSCI EMU212.3511,040.791.96%
VEAVanguard FTSE Developed Markets189.7322,510.390.85%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500-4,267.95153,688.71-2.70%
IVViShares Core S&P 500-1,769.3355,708.54-3.08%
IWMiShares Russell 2000-1,702.4324,635.20-6.46%
SSOProShares Ultra S&P 500-885.822,345.52-27.41%
UWMProShares Ultra Russell 2000-745.76221.10-77.13%
XLUUtilities Select SPDR-439.145,901.00-6.93%
XLFFinancial Select SPDR-307.5317,457.36-1.73%
MDYSPDR S&P MidCap 400-216.4515,010.01-1.42%
GLDSPDR Gold-211.2132,422.87-0.65%
EWJiShares MSCI Japan-201.9213,262.04-1.50%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-6,527.97948,812.07-0.69%
International Equity1,872.71433,476.460.43%
U.S. Fixed Income4,456.31255,735.811.74%
International Fixed Income201.4923,165.910.87%
Commodities-287.8566,104.80-0.44%
Currency27.411,802.891.52%
Leveraged-218.3321,501.38-1.02%
Inverse54.6920,593.540.27%
Asset Allocation48.954,582.271.07%
Alternatives132.823,169.304.19%
Total:-239.761,778,944.43-0.01%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
MBGSPDR Barclays Mortgage Backed Bond5,897121,651412.60%
USTProShares Ultra 7-10 Year Treasury1,373,48726,363,104383.89%
GWXSPDR S&P International Small Cap107,3961,926,551358.78%
VLUEiShares MSCI USA Value Factor2,61245,341347.15%
EFZProShares Short MSCI EAFE153,7422,516,450327.36%
SIZEiShares MSCI USA Size Factor2,19232,783299.17%
DJCIETRACS DJ-Commodity Total Return ETN10,824161,553298.52%
RLYSPDR SSgA Multi-Asset Real Return42,878625,637291.82%
IEFiShares 7-10 Year Treasury Bond2,616,57137,102,881283.60%
EUMProShares Short MSCI Emerging Markets311,1974,238,526272.40%

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
SCIFMarket Vectors India Small-Cap21.75%2,286,789318.46
SCINEGShares India Small Cap18.81%412,26023.85
SMINiShares MSCI India Small-Cap16.26%77,8817.40
INXXEGShares India Infrastructure16.26%1,766,83034.86
FUEELEMENTS MLCX Biofuels Total Return ETN13.41%17,3981.15
EPIWisdomTree India Earnings9.22%31,556,0121,268.70
PINPowerShares India7.59%5,737,866457.80
INCOEGShares India Consumer7.42%23,3065.34
RSXJMarket Vectors Russia Small-Cap7.11%418,79150.31
INPiPath MSCI India ETN6.29%181,621397.74

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
CVOLC-Tracks Citi Volatility ETN-9.61%126,3608.28
JOiPath Dow Jones-UBS Coffee Total Return ETN-7.52%681,58791.47
CAFEiPath Pure Beta Coffee ETN-7.23%112,6149.11
JJSiPath Dow Jones-UBS Softs Total Return ETN-6.06%27,4969.18
VIIXVelocityShares VIX Short Term ETN-6.04%128,0678.09
VXXiPath S&P 500 VIX Short-Term Futures ETN-5.83%122,180,2481,247.49
VIXYProShares VIX Short-Term-5.83%2,893,737113.36
UAEiShares MSCI UAE Capped-5.44%34,12016.96
URAGlobal X Uranium-4.88%1,140,206207.04
GRNiPath Global Carbon ETN-4.53%20,2971.97

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
JOiPath Dow Jones-UBS Coffee Total Return ETN64.42-7.5291.47
INDLDirexion Daily India Bull 3X63.6023.5656.73
CAFEiPath Pure Beta Coffee ETN58.95-7.239.11
BOSPowerShares DB Base Metals Short ETN51.030.121.84
SCIFMarket Vectors India Small-Cap50.2521.75318.46
DDPPowerShares DB Commodity Short ETN46.77-1.463.37
DRNDirexion Daily Real Estate Bull 3x46.70-1.7397.20
SCINEGShares India Small Cap44.2118.8123.85
JJNiPath Dow Jones-UBS Nickel Total Return ETN41.455.9815.87
NINIiPath Pure Beta Nickel ETN39.035.458.06

Bottom 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
JDSTDirexion Daily Junior Gold Miners Bear 3X-61.57-0.2428.16
DGAZVelocityShares 3X Inverse Natural Gas ETN-61.093.93453.60
DUSTDirexion Daily Gold Miners Bear 3X-42.272.50168.63
RUSLDirexion Daily Russia Bull 3X-40.6116.0178.20
CVOLC-Tracks Citi Volatility ETN-39.12-9.618.28
UVXYProShares Ultra VIX Short-Term Futures-38.77-11.63369.56
TVIXVelocityShares Daily 2X VIX Short Term ETN-38.13-12.12207.00
KOLDProShares UltraShort DJ- UBS Natural Gas-37.602.9366.78
GASXDirexion Daily Natural Gas Related Bear 3X Shares-36.70-2.199.81
DRVDirexion Daily Real Estate Bear 3x-35.921.5810.73

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.

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