Weekly ETF Flows: $6B Leaves Equities
Investors yanked $6 billion from U.S. equity ETFs in a shortened holiday week, but rising markets helped lift total assets to $1.738 trillion.
Investors yanked $6 billion from U.S. equity ETFs in a shortened holiday week, but rising markets helped lift total assets to $1.738 trillion.
Investors yanked $6 billion from U.S. equity ETFs in a shortened holiday week, but rising markets helped lift total assets to $1.738 trillion.
ETFs experienced total outflows of almost $4 billion in a holiday-shortened trading week. But rising markets, spurred on by better-than-expected U.S. jobless claims data and strong manufacturing data, raised total ETF assets about 1 percent on the week to $1.738 trillion.
Financial markets are closed on Friday in observance of Good Friday.
In asset class segments, $6 billion flowed out of U.S. equity strategies in the week ended Wednesday, April 16, though $1.6 billion flowed into international equity funds.
On the fixed-income front, U.S.-focused funds had outflows of $29.3 million, while $399.1 million flowed into international fixed-income ETFs. The S&P 500 Index rose more than 29 points, or 1.6 percent, from the previous week to close at 1,862.31.
The most popular developing-world-focused funds featured equities funds, including the:
- iShares MSCI Emerging Markets ETF (EEM | B-100), which pulled in $662.0 million, bringing its total assets up to $36.0 billion
- iShares U.S. Real Estate ETF (IYR | B-94), which pulled in $543.7 million, bringing its total assets up to $5.07 billion.
At the same, the SPDR S&P 500 ETF (SPY | A-98) led all ETF outflows, with redemptions of almost $6.0 billion, bringing its assets down to $155.6 billion and making it the least popular ETF last week.
U.S.-listed ETF assets rose slightly to $1.738 trillion from $1.737 trillion in the previous week ending April 11, according to data compiled by ETF.com Analytics.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| EEM | iShares MSCI Emerging Markets | 661.99 | 36,004.31 | 1.87% |
| IYR | iShares U.S. Real Estate | 543.65 | 5,065.11 | 12.02% |
| IVV | iShares Core S&P 500 | 472.68 | 55,672.40 | 0.86% |
| VWO | Vanguard FTSE Emerging Markets | 462.06 | 43,394.84 | 1.08% |
| EZU | iShares MSCI EMU | 305.99 | 10,573.89 | 2.98% |
| DIA | SPDR Dow Jones Industrial Average Trust | 240.81 | 11,898.68 | 2.07% |
| AMLP | Alerian MLP | 217.08 | 8,173.04 | 2.73% |
| BWX | SPDR Barclays International Treasury Bond | 209.66 | 2,380.04 | 9.66% |
| VOO | Vanguard S&P 500 | 204.41 | 17,209.19 | 1.20% |
| IWD | iShares Russell 1000 Value | 193.26 | 21,631.81 | 0.90% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 | -5,998.25 | 155,617.69 | -3.71% |
| MDY | SPDR S&P MidCap 400 | -644.72 | 15,065.09 | -4.10% |
| QQQ | PowerShares QQQ | -604.13 | 41,190.20 | -1.45% |
| GLD | SPDR Gold | -325.61 | 33,401.23 | -0.97% |
| DXJ | WisdomTree Japan Hedged Equity | -322.36 | 10,665.12 | -2.93% |
| XLF | Financial Select SPDR | -308.51 | 17,509.44 | -1.73% |
| JNK | SPDR Barclays High Yield Bond | -267.53 | 9,963.96 | -2.61% |
| TLT | iShares 20+ Year Treasury Bond | -264.25 | 3,401.19 | -7.21% |
| XLI | Industrial Select SPDR | -227.70 | 8,823.48 | -2.52% |
| XLY | Consumer Discretionary Select SPDR | -202.99 | 5,352.26 | -3.65% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -6,034.65 | 938,552.80 | -0.64% |
| International Equity | 1,599.70 | 414,051.45 | 0.39% |
| U.S. Fixed Income | -29.31 | 244,491.58 | -0.01% |
| International Fixed Income | 399.14 | 22,843.43 | 1.75% |
| Commodities | -378.38 | 66,867.16 | -0.57% |
| Currency | -28.17 | 1,812.53 | -1.55% |
| Leveraged | 202.24 | 21,746.95 | 0.93% |
| Inverse | 372.33 | 20,469.43 | 1.82% |
| Asset Allocation | 37.94 | 4,336.09 | 0.88% |
| Alternatives | -52.70 | 2,991.62 | -1.76% |
| Total: | -3,911.85 | 1,738,163.03 | -0.23% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| EMFM | Global X Next Emerging & Frontier | 191,435 | 5,679,842 | 593.40% |
| BBRC | EGShares Beyond BRICs | 195,983 | 5,597,439 | 571.22% |
| ALD | WisdomTree Asia Local Debt | 178,186 | 4,269,071 | 479.17% |
| RIGS | RiverFront Strategic Income | 83,318 | 1,943,326 | 466.48% |
| RALS | ProShares RAFI Long/Short | 18,955 | 421,800 | 445.05% |
| XVZ | iPath S&P Dynamic VIX ETN | 64,008 | 1,422,039 | 444.33% |
| EFZ | ProShares Short MSCI EAFE | 85,372 | 1,775,694 | 415.99% |
| JJA | iPath Dow Jones UBS Agriculture Total Return ETN | 26,729 | 554,118 | 414.62% |
| JPP | SPDR Russell/Nomura PRIME Japan | 16,709 | 328,025 | 392.64% |
| FGM | First Trust Germany AlphaDEX | 15,829 | 274,020 | 346.23% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| GRN | iPath Global Carbon ETN | 14.33% | 17,636 | 1.77 |
| JJN | iPath Dow Jones-UBS Nickel Total Return ETN | 7.91% | 106,280 | 8.98 |
| MLPW | ETRACS Wells Fargo MLP ETN | 7.53% | 3,103 | 14.06 |
| NINI | iPath Pure Beta Nickel ETN | 6.35% | 13,756 | 6.68 |
| UBM | ETRACS CMCI Industrial Metals Total Return ETN | 5.13% | 139,598 | 4.54 |
| ZROZ | PIMCO 25+ Year Zero Coupon U.S. Treasury | 3.97% | 88,034 | 79.35 |
| LEDD | iPath Pure Beta Lead ETN | 3.92% | 6,100 | 1.52 |
| GRU | ELEMENTS MLCX Grains - Total Return ETN | 3.84% | 25,715 | 8.11 |
| EDV | Vanguard Extended Duration Treasury | 3.80% | 389,514 | 234.07 |
| FCG | First Trust ISE-Revere Natural Gas | 3.52% | 3,586,555 | 499.43 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| XBI | SPDR S&P Biotech | -9.02% | 7,374,411 | 1,037.58 |
| GLDX | Global X Gold Explorers | -8.80% | 252,487 | 42.04 |
| VNM | Market Vectors Vietnam | -8.38% | 2,028,782 | 500.78 |
| KWT | Market Vectors Solar Energy | -7.69% | 42,956 | 27.39 |
| GDXJ | Market Vectors Junior Gold Miners | -7.55% | 19,436,671 | 1,835.62 |
| TAN | Guggenheim Solar | -6.56% | 3,343,689 | 400.87 |
| GREK | Global X FTSE Greece 20 | -6.12% | 2,794,031 | 209.72 |
| PTH | PowerShares DWA Healthcare Momentum | -6.00% | 145,930 | 105.46 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | -5.59% | 1,180,016 | 103.33 |
| SILJ | PureFunds ISE Junior Silver (Small Cap Miners/Explorers) | -5.49% | 127,668 | 6.01 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | 72.90 | -5.59 | 103.33 |
| RUSS | Direxion Daily Russia Bear 3X | 68.69 | 12.03 | 20.82 |
| CAFE | iPath Pure Beta Coffee ETN | 67.12 | -5.03 | 8.99 |
| BOS | PowerShares DB Base Metals Short ETN | 53.35 | 0.77 | 1.86 |
| AGF | PowerShares DB Agriculture Long ETN | 46.36 | -3.90 | 3.89 |
| DDP | PowerShares DB Commodity Short ETN | 44.27 | -3.84 | 3.31 |
| DRN | Direxion Daily Real Estate Bull 3x | 39.44 | 2.36 | 100.57 |
| GASL | Direxion Daily Natural Gas Related Bull 3X Shares | 39.41 | 10.38 | 16.47 |
| DPU | PowerShares DB Commodity Long ETN | 31.70 | 0.85 | 2.17 |
| TMF | Direxion Daily 20 Year Plus Treasury Bull 3x | 31.70 | 6.69 | 37.33 |
Bottom 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| DGAZ | VelocityShares 3X Inverse Natural Gas ETN | -63.57 | 1.90 | 461.65 |
| JDST | Direxion Daily Junior Gold Miners Bear 3X | -59.81 | 24.75 | 31.06 |
| RUSL | Direxion Daily Russia Bull 3X | -56.45 | -12.90 | 55.98 |
| DUST | Direxion Daily Gold Miners Bear 3X | -43.70 | 15.67 | 206.17 |
| KOLD | ProShares UltraShort DJ- UBS Natural Gas | -41.80 | 0.90 | 69.91 |
| GASX | Direxion Daily Natural Gas Related Bear 3X Shares | -36.71 | -10.35 | 9.00 |
| EMSA | iPath Short Enhanced MSCI Emerging Markets ETN | -32.70 | 0.00 | 4.80 |
| DRV | Direxion Daily Real Estate Bear 3x | -31.93 | -2.82 | 11.38 |
| RSXJ | Market Vectors Russia Small-Cap | -29.43 | -4.91 | 35.52 |
| TMV | Direxion Daily 20 Year Plus Treasury Bear 3x | -27.01 | -6.48 | 546.72 |
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.
