Heavy Outflows From US ETFs; Int'l ETFs Gain

Outflows from U.S. equity ETFs like 'SPY' fueled a net outflow in total ETF assets. However, most other segments of the ETF market saw inflows, including international equity ETFs and fixed-income ETFs.

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

U.S. equity ETFs were big losers in the week ending Thursday, Sept. 24. The segment saw $6.8 billion in outflows, helping push overall ETF flows into the negative to the tune of $3.6 billion. On the other hand, international equity ETFs were big winners, garnering $2.1 billion in inflows from investors.

Fixed-income and leveraged funds also saw interest. U.S. and international fixed-income products gained nearly $900 million in assets combined, while leveraged ETFs gained $65 million.

In terms of individual ETFs, the iShares MSCI Emerging Markets (EEM | B-100) took the top spot, with inflows of $664 million despite continued jitters about the health of the developing-world economies. The iShares MSCI EMU (EZU | A-82), which tracks countries that use the euro currency, is another international fund that also fared well, with inflows of $480 million.

As for ETFs that track U.S. markets, the iShares Russell 2000 (IWM | A-90) was easily the most popular during the week, adding $657 million. Sector funds like the Technology Select SPDR (XLK | A-91) and Utilities Select SPDR (XLU | A-89) also did well, with inflows of $306 million and $297 million, repsectively.

On the other end of the spectrum was the world's largest ETF, the SPDR S&P 500 (SPY | A-99), which had outflows of nearly $6 billion in the week. Following suit was the Vanguard Small-Cap (VB | A-100), with outflows of $673 million, the mirror image of the inflows into the aforementioned IWM.

On a percentage basis, the iShares U.S. Real Estate (IYR | A-97), the First Trust Dow Jones Internet (FDN | A-59), and the Schwab U.S. Small-Cap (SCHA | A-96) saw heavy outflows.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
EEMiShares MSCI Emerging Markets664.0921,227.403.23%
IWMiShares Russell 2000656.6227,081.582.48%
EZUiShares MSCI EMU480.0610,361.864.86%
XLKTechnology Select SPDR306.3411,531.082.73%
XLUUtilities Select SPDR296.776,313.844.93%
XLYConsumer Discretionary Select SPDR275.5510,408.022.72%
SHYiShares 1-3 Year Treasury Bond263.0613,100.072.05%
QQQPowerShares QQQ253.3037,402.740.68%
EWJiShares MSCI Japan226.9118,847.121.22%
VEAVanguard FTSE Developed Markets220.0825,762.700.86%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500-5,959.27164,688.58-3.49%
VBVanguard Small-Cap-673.3911,025.31-5.76%
VOVanguard Mid-Cap-463.8212,166.21-3.67%
IYRiShares U.S. Real Estate-330.993,962.70-7.71%
FDNFirst Trust Dow Jones Internet-319.293,456.36-8.46%
MDYSPDR S&P MidCap 400-296.1714,535.35-2.00%
SCHASchwab U.S. Small-Cap-291.492,885.42-9.18%
XLIIndustrial Select SPDR-287.336,036.59-4.54%
IWFiShares Russell 1000 Growth-286.2428,328.87-1.00%
VBRVanguard Small-Cap Value-258.715,454.49-4.53%

ETF Weekly Flows By Asset Class

Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-6,766.191,104,147.29-0.61%
International Equity2,065.25461,460.110.45%
U.S. Fixed Income781.68320,720.320.24%
International Fixed Income102.7526,462.730.39%
Commodities12.6250,577.670.02%
Currency-11.761,308.72-0.90%
Leveraged220.9122,237.670.99%
Inverse64.8921,354.470.30%
Asset Allocation16.595,407.960.31%
Alternatives-43.423,305.56-1.31%
Total:-3,556.682,016,982.49-0.18%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
MLPOCredit Suisse S&P MLP ETN34122362.85%
WBIAWBI SMID Tactical Growth24,90187,642351.97%
AIAiShares Asia 5085,151278,203326.72%
WBIEWBI Large Cap Tactical Growth26,93881,549302.73%
PICKiShares MSCI Global Metals & Mining Producers152,453456,358299.34%
REKProShares Short Real Estate253,242701,639277.06%
IBDBiShares iBonds Mar 2018 Corporate2,4836,107245.92%
WBIHWBI Tactical High Income Shares51,199111,934218.63%
VLUEiShares MSCI USA Value Factor13,22328,609216.35%
SUBiShares Short-Term National AMT-Free Muni Bond45,89198,460214.55%

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
CVOLC-Tracks Citi Volatility ETN21.52%755,2315.17
VXUPAccuShares Spot CBOE VIX Up Shares20.00%358,4410.12
VIIXVelocityShares VIX Short Term ETN11.43%1,511,9188.33
VIXYProShares VIX Short-Term11.41%25,107,230105.63
VXXiPath S&P 500 VIX Short-Term Futures ETN11.24%413,577,760899.15
VIIZVelocityShares VIX Mid Term ETN10.75%2,7450.70
PALLETFS Physical Palladium7.25%210,847240.77
VIXMProShares VIX Mid-term7.18%250,81430.19
VXZiPath S&P 500 VIX Mid-Term Futures ETN7.06%4,206,03652.53
CNXTMarket Vectors ChinaAMC SME-ChiNext5.88%231,89031.00

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
BRAQGlobal X Brazil Consumer-14.70%11,2663.36
BRAZGlobal X Brazil Mid Cap-14.57%15,6502.77
COPXGlobal X Copper Miners-14.34%512,76016.81
BRXXEGShares Brazil Infrastructure-13.99%75,0488.09
CUFirst Trust ISE Global Copper-12.49%111,96413.31
KWTMarket Vectors Solar Energy-12.01%7,14615.68
IDHBPowerShares S&P International Developed High Beta-11.70%2,5593.50
PLTMFirst Trust ISE Global Platinum-11.58%21,4975.70
SBIOALPS Medical Breakthroughs ETF-11.26%882,633162.50
FBZFirst Trust Brazil AlphaDex-11.22%6,6271.79

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
MOMQuantShares U.S. Market Neutral Momentum0.21-4.992.75
CNXTMarket Vectors ChinaAMC SME-ChiNext0.198.4831.00
PSCHPowerShares S&P SmallCap Health Care0.19-3.08276.09
BBPBioShares Biotechnology Products0.18-7.1923.03
DXJHWisdomTree Japan Hedged Health Care0.16-1.9613.57
EDENiShares MSCI Denmark Capped0.15-1.7163.73
EIRLiShares MSCI Ireland Capped0.15-4.12162.62
CHOCiPath Pure Beta Cocoa ETN0.15-0.216.83
BBCBioShares Biotechnology Clinical Trials0.14-10.2728.55
NIBiPath Bloomberg Cocoa Subindex Total Return ETN0.130.0517.09

Bottom 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
XBISPDR S&P Biotech-0.61-8.792,247.51
XTNSPDR S&P Transportation-0.59-5.02264.89
XSDSPDR S&P Semiconductor-0.53-3.20110.85
XRTSPDR S&P Retail-0.52-1.151,023.22
XSWSPDR S&P Software & Services-0.50-2.0352.89
EWZSiShares MSCI Brazil Small-Cap-0.50-4.8621.70
BRFMarket Vectors Brazil Small-Cap-0.49-5.9861.27
GAZiPath Bloomberg Natural Gas Subindex Total Return ETN-0.49-1.7910.29
BRAQGlobal X Brazil Consumer-0.47-9.733.36
BRXXEGShares Brazil Infrastructure-0.47-8.408.09

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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