US Equity ETFs Lose $5.6B For Week

May 09, 2014

Reviewed by: etf.com Staff

Edited by: etf.com Staff

Investors filed out of U.S. equity ETFs last week as falling markets pulled total U.S.-listed ETF assets lower to $1.755 trillion.

Investors took a net of $2.62 billion out of flows for the week ended Thursday, May 8, with U.S. equities losing $5.6 billion. The amount in total U.S.-listed ETFs decreased to $1.755 trillion, as falling markets, spurred on by weak economic data out of China and escalating tensions in Ukraine, added to the outflows.

International equity funds saw $1.7 billion of inflows. On the fixed-income front, U.S.-focused funds had inflows of $908.9 million, while $30.5 million flowed out of international funds.

The S&P 500 Index edged lower more than 8 points, or less than 1 percent, from the previous week to close at 1,875.63.

The most popular fund last week was a fixed-income strategy, the ProShares Ultra 7-10 Year Treasury ETF (UST), which pulled in $566.9 million, bringing its total assets up to $599.8 million, a 1,720 percent increase in assets under management that reflects tactical shifts related to a surge in dovishness surrounding the interest rate outlook.

The SPDR S&P 500 ETF (SPY | A-97) led all ETF outflows, with redemptions of $2.8 billion, lowering its total assets to $155.2 billion.

Top 10 Creations (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
UST	ProShares Ultra 7-10 Year Treasury	566.86	599.80	1,720.62%
TLT	iShares 20+ Year Treasury Bond	459.20	4,263.01	12.07%
IVV	iShares Core S&P 500	349.41	56,598.80	0.62%
IYR	iShares U.S. Real Estate	339.35	4,827.85	7.56%
VGK	Vanguard FTSE Europe	331.44	16,748.88	2.02%
IEF	iShares 7-10 Year Treasury Bond	307.86	6,520.06	4.96%
XLE	Energy Select SPDR	253.60	11,040.96	2.35%
VXX	iPath S&P 500 VIX Short-Term Futures ETN	179.60	1,286.58	16.22%
LQD	iShares iBoxx $ Investment Grade Corporate Bond	177.47	17,353.04	1.03%
IEV	iShares Europe	168.56	3,529.40	5.02%

Top 10 Redemptions (All ETFs)

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
SPY	SPDR S&P 500	-2,802.89	155,170.07	-1.77%
IWM	iShares Russell 2000	-2,207.82	23,586.48	-8.56%
QQQ	PowerShares QQQ	-1,229.65	39,235.55	-3.04%
UWM	ProShares Ultra Russell 2000	-671.35	949.91	-41.41%
XLF	Financial Select SPDR	-461.82	17,820.11	-2.53%
DIA	SPDR Dow Jones Industrial Average Trust	-328.92	11,209.08	-2.85%
HYG	iShares iBoxx $ High Yield Corporate Bond	-234.80	12,905.03	-1.79%
XLU	Utilities Select SPDR	-233.39	6,184.85	-3.64%
CSJ	iShares 1-3 Year Credit Bond	-221.34	12,985.82	-1.68%
MINT	PIMCO Enhanced Short Maturity Strategy	-177.49	3,923.07	-4.33%

ETF Weekly Flows By Asset Class

	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	-5,572.50	940,147.96	-0.59%
International Equity	1,741.45	424,854.31	0.41%
U.S. Fixed Income	908.89	250,016.35	0.36%
International Fixed Income	-30.54	22,893.41	-0.13%
Commodities	86.60	65,998.20	0.13%
Currency	-1.43	1,759.33	-0.08%
Leveraged	4.89	21,598.40	0.02%
Inverse	60.67	20,546.09	0.30%
Asset Allocation	53.58	4,504.05	1.19%
Alternatives	128.93	3,210.24	4.02%
Total:	-2,619.46	1,755,528.36	-0.15%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker	Name	Average Volume (30 Day)	1 Week Average Volume	% of Average
EUSA	iShares MSCI USA	81,089	2,250,138	554.98%
EMLP	First Trust North American Energy Infrastructure	373,385	8,134,177	435.70%
ESR	iShares MSCI Emerging Markets Eastern Europe	27,498	566,266	411.86%
DBV	PowerShares DB G10 Currency Harvest	294,495	6,043,622	410.44%
URTH	iShares MSCI World	7,324	123,592	337.51%
STIP	iShares 0-5 Year TIPS Bond	30,376	508,298	334.67%
CLY	iShares 10+ Year Credit Bond	89,909	1,477,045	328.56%
INKM	SPDR SSgA Income Allocation	22,720	349,819	307.95%
GUR	SPDR S&P Emerging Europe	23,147	346,228	299.16%
BNDX	Vanguard Total International Bond	327,756	4,800,993	292.96%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
JJN	iPath Dow Jones-UBS Nickel Total Return ETN	6.48%	238,140	12.72
NINI	iPath Pure Beta Nickel ETN	6.45%	27,547	7.94
FLN	First Trust Latin America AlphaDex	6.32%	22,767	7.20
ERUS	iShares MSCI Russia Capped	6.29%	1,196,543	250.65
RBL	SPDR S&P Russia	6.01%	170,616	22.26
RSX	Market Vectors Russia	5.84%	51,236,548	1,414.32
DPU	PowerShares DB Commodity Long ETN	4.77%	4,839	2.18
BRAZ	Global X Brazil Mid Cap	4.77%	45,749	10.05
GAF	SPDR S&P Emerging Middle East & Africa	4.71%	13,060	65.97
BRAQ	Global X Brazil Consumer	4.54%	12,832	15.44

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
PBW	PowerShares WilderHill Clean Energy	-8.35%	7,325,795	202.37
KWT	Market Vectors Solar Energy	-7.78%	27,745	26.30
TAN	Guggenheim Solar	-7.69%	1,805,694	425.17
CVOL	C-Tracks Citi Volatility ETN	-6.50%	244,704	9.20
KWEB	KraneShares CSI China Internet	-6.42%	269,106	63.49
SOCL	Global X Social Media	-6.36%	1,443,134	121.13
VNM	Market Vectors Vietnam	-6.11%	2,989,462	458.19
QCLN	First Trust NASDAQ Clean Edge Green Energy	-5.97%	620,264	164.28
PNQI	PowerShares NASDAQ Internet	-5.86%	331,044	280.49
URA	Global X Uranium	-5.73%	1,494,324	212.49

Top 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
JO	iPath Dow Jones-UBS Coffee Total Return ETN	77.28	-5.08	104.39
CAFE	iPath Pure Beta Coffee ETN	71.13	-4.38	8.05
BOS	PowerShares DB Base Metals Short ETN	53.16	0.82	1.86
DRN	Direxion Daily Real Estate Bull 3x	50.92	3.61	105.91
DDP	PowerShares DB Commodity Short ETN	49.16	2.50	3.42
JJN	iPath Dow Jones-UBS Nickel Total Return ETN	41.38	6.48	12.72
AGF	PowerShares DB Agriculture Long ETN	38.05	-2.57	3.66
NINI	iPath Pure Beta Nickel ETN	37.90	6.45	7.94
GASL	Direxion Daily Natural Gas Related Bull 3X Shares	36.09	-4.21	16.09
TMF	Direxion Daily 20 Year Plus Treasury Bull 3x	33.69	-0.73	40.77

Bottom 10 YTD Performers

Ticker	Name	YTD Performance	Weekly Performance	AUM ($, mm)
DGAZ	VelocityShares 3X Inverse Natural Gas ETN	-65.50	8.16	457.84
JDST	Direxion Daily Junior Gold Miners Bear 3X	-61.57	2.23	27.07
RUSL	Direxion Daily Russia Bull 3X	-50.16	17.94	73.29
DUST	Direxion Daily Gold Miners Bear 3X	-44.61	-0.33	174.82
KOLD	ProShares UltraShort DJ- UBS Natural Gas	-42.91	5.72	70.90
DRV	Direxion Daily Real Estate Bear 3x	-37.48	-3.82	10.45
GASX	Direxion Daily Natural Gas Related Bear 3X Shares	-36.63	3.27	10.62
BRZS	Direxion Daily Brazil Bear 3x	-33.58	-12.80	3.37
EMSA	iPath Short Enhanced MSCI Emerging Markets ETN	-32.70	0.00	4.69
CVOL	C-Tracks Citi Volatility ETN	-32.35	-6.50	9.20

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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US Equity ETFs Lose $5.6B For Week

US Equity ETFs Lose $5.6B For Week

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