US Equity ETFs Lose $5.6B For Week
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 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 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.
