'GLD' Re-enters Top Weekly Inflows List

The gold fund helped push total ETF flows into positive territory in the latest week.

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

After the breakneck pace of July, flows into U.S.-listed exchange-traded funds cooled down a bit this week. Even so, they remained in positive territory, with $2.9 billion coming into ETFs as a whole.

U.S. equity ETFs were in favor, with inflows of $780 million, but commodities did a bit better, with inflows of $930 million of their own. International fixed-income ETFs also saw interest with inflows of $560 million, while international equity ETFs garnered $375 million and U.S. fixed-income ETFs netted $220 million.

EM & Gold In Favor

In terms of individual ETFs, the PowerShares QQQ Trust (QQQ) was the inflows leader of the week, with creations of $900 million. Other broad-based ETFs that garnered favor were the Vanguard S&P 500 Index Fund (VOO) and the iShares Core S&P 500 ETF (IVV).

Emerging market ETFs continued to gather assets this week after a strong July. The iShares Core MSCI Emerging Markets ETF (IEMG) and the iShares MSCI Emerging Markets ETF (EEM) had inflows of more than $600 million and $300 million, respectively.

Meanwhile, after being absent for a few weeks, the SPDR Gold Trust (GLD) reappeared on the top inflows list, with net flows of $840 million.

SPY & HYG Top Outflows List

On the other end of the spectrum, the SPDR S&P 500 ETF (SPY) topped the outflows list with redemptions of $1.7 billion. A week ago, the world's largest ETF neared the $200 billion mark for total assets.

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) also saw substantial outflows, totaling $1.2 billion. Its rival the SPDR Barclays High Yield Bond ETF (JNK) was another big loser, with outflows of just under $400 million.

On a percentage-of-assets-basis, the Direxion Daily Gold Miners Index 3x Bull Shares (NUGT) and the SPDR S&P Biotech ETF (XBI) had the largest outflows. NUGT lost $340, or 17% of its assets, while XBI shed $275 million, or 11% of its assets.

 

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
QQQPowerShares QQQ Trust904.2439,186.092.36%
GLDSPDR Gold Trust836.0142,518.282.01%
VOOVanguard S&P 500 Index Fund676.6649,810.501.38%
IEMGiShares Core MSCI Emerging Markets ETF627.2414,818.044.42%
SHYiShares 1-3 Year Treasury Bond ETF400.1010,453.743.98%
IVViShares Core S&P 500 ETF359.9877,561.930.47%
EEMiShares MSCI Emerging Markets ETF339.7527,985.731.23%
IBBiShares NASDAQ Biotechnology ETF323.567,940.904.25%
EMBiShares JP Morgan USD Emerging Markets Bond ETF322.609,025.663.71%
VWOVanguard FTSE Emerging Markets ETF317.4340,405.780.79%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500 ETF Trust-1,654.06196,038.33-0.84%
HYGiShares iBoxx $ High Yield Corporate Bond ETF-1,187.9315,558.87-7.09%
IWMiShares Russell 2000 ETF-620.8626,933.65-2.25%
DXJWisdomTree Japan Hedged Equity Fund-443.487,153.89-5.84%
JNKSPDR Barclays High Yield Bond ETF-374.7711,487.69-3.16%
XLVHealth Care Select Sector SPDR Fund-369.2012,957.53-2.77%
NUGTDirexion Daily Gold Miners Index Bull 3x Shares-343.921,643.44-17.31%
XBISPDR S&P BIOTECH ETF-275.532,215.92-11.06%
TLTiShares 20+ Year Treasury Bond ETF-251.088,213.35-2.97%
XLKTechnology Select Sector SPDR Fund-248.5712,257.89-1.99%

ETF Weekly Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity778.201,310,500.670.06%
International Equity374.20494,672.410.08%
U.S. Fixed Income223.03395,194.200.06%
International Fixed Income560.3639,344.371.42%
Commodities932.5875,746.931.23%
Currency10.661,531.120.70%
Leveraged-311.0524,971.49-1.25%
Inverse254.2719,619.691.30%
Asset Allocation20.036,290.090.32%
Alternatives94.024,268.052.20%
Total:2,936.312,372,139.020.12%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
IAGGiShares Core International Aggregate Bond ETF146,5671,022,415697.57%
CWBSPDR Barclays Convertible Securities ETF949,5763,208,737337.91%
ADRDBLDRS Developed Markets 100 ADR Index Fund12,51428,885230.82%
AXJViShares MSCI Asia ex Japan Minimum Volatility ETF5,78510,610183.40%
DBVPowerShares DB G10 Currency Harvest Fund16,30538,073233.51%
KIESPDR S&P Insurance ETF129,163243,715188.69%
TUZPIMCO 1-3 Year US Treasury Index ETF14,07225,311179.86%
DVYEiShares Emerging Markets Dividend ETF99,463176,584177.54%
DIVGlobal X SuperDividend US ETF95,290145,314152.50%
IBDCiShares iBonds Mar 2020 Term Corporate ETF1,9825,233264.00%

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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