Weekly ETF Flows: JNK Loses 9% of Assets

Outflows in the junk bond fund, the SPDR Barclays High Yield Bond ETF (JNK | B-68), totaled a whopping $1 billion in the week ending Thursday, Dec. 10, equal to 9.3% of the fund's assets.

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

Outflows in the junk bond fund, the SPDR Barclays High Yield Bond ETF (JNK | B-68), totaled a whopping $1 billion in the week ending Thursday, Dec. 10, equal to 9.3% of the fund's assets. A huge plunge in junk bonds on Friday likely corresponded with even more outflows on the final trading day oOutflows in the junk bond fund, the SPDR Barclays High Yield Bond ETF (JNK | B-68), totaled a whopping $1 billion in the week ending Thursday, Dec. 10, equal to 9.3% of the fund's assets. A huge plunge in junk bonds on Friday likely corresponded with even more outflows on the final trading day of the week. On a price basis, JNK fell to its lowest level since 2009 amid intense concerns about potential defaults in the energy-heavy junk bond market.

A plunge in oil prices to six-year lows below $36/barrel also fueled outflows in the Energy Select SPDR (XLE | A-91), which had outflows of $197 million.

Other notable losers included the Industrial Select SPDR (XLI | A-91), with outflows of $465 million and the iShares U.S. Real Estate ETF (IYR | A-96), with outflows of $418 million.

On the flip side, the winners this week included the iShares MSCI EMU (EZU | A-83), with inflows of $529 million and the Technology Select SPDR (XLK | A-92), with inflows of $511 million.

All told, U.S.-listed ETFs gained assets in the week ending Thursday, with total inflows of $3.6 billion, sending aggregate assets to $2.13 trillion.


Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IVViShares Core S&P 500661.1970,390.350.95%
EZUiShares MSCI EMU529.4513,732.974.01%
XLKTechnology Select SPDR511.2414,354.163.69%
VNQVanguard REIT405.5726,774.481.54%
IWDiShares Russell 1000 Value351.0626,855.501.32%
ONEVSPDR Russell 1000 Low Volatility Focus334.44333.69-44,641.43%
ONEOSPDR Russell 1000 Momentum Focus334.15333.34-41,214.41%
ONEYSPDR Russell 1000 Yield Focus332.53330.11-13,768.43%
XLFFinancial Select SPDR269.7119,670.151.39%
IWFiShares Russell 1000 Growth267.7331,210.720.87%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500-2,254.38176,364.26-1.26%
JNKSPDR Barclays High Yield Bond-1,036.5010,126.94-9.28%
XLIIndustrial Select SPDR-465.136,473.78-6.70%
IYRiShares U.S. Real Estate-418.394,161.23-9.14%
IWMiShares Russell 2000-392.7827,390.69-1.41%
TLTiShares 20+ Year Treasury Bond-305.385,508.48-5.25%
XLVHealth Care Select SPDR-274.6713,564.45-1.98%
XLEEnergy Select SPDR-197.2411,107.86-1.74%
IBBiShares Nasdaq Biotechnology-166.227,886.74-2.06%
HEDJWisdomTree Europe Hedged Equity-164.5420,111.97-0.81%

ETF Weekly Flows By Asset Class

Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity1,847.481,186,479.080.16%
International Equity1,637.24486,157.690.34%
U.S. Fixed Income-175.58329,658.73-0.05%
International Fixed Income-45.3627,825.05-0.16%
Commodities44.6646,500.510.10%
Currency-7.091,505.32-0.47%
Leveraged450.3223,591.691.91%
Inverse-354.6818,872.97-1.88%
Asset Allocation118.785,563.592.13%
Alternatives49.373,120.141.58%
Total:3,565.152,129,274.770.17%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
TUTITuttle Tactical Management Multi-Strategy Income ETF24,82395,720385.62%
DVPDeep Value20,87892,724444.12%
GSYGuggenheim Enhanced Short Duration Bond173,884440,887253.55%
PXIPowerShares DWA Energy Momentum28,92972,619251.03%
QEMMSPDR MSCI Emerging Markets Quality Mix6,50913,012199.91%
VLUEiShares MSCI USA Value Factor9,66517,659182.70%
PSRPowerShares Active U.S. Real Estate1,1652,815241.71%
ILTBiShares Core Long-Term USD Bond14,04226,156186.27%
DGRWWisdomTree U.S. Quality Dividend Growth203,919347,663170.49%
FXEUPowerShares Europe Currency Hedged Low Volatility19,87936,886185.55%

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
PAKGlobal X MSCI Pakistan3.06%34,4935.51
VXUPAccuShares Spot CBOE VIX Up Shares2.92%14,3172.48
ZROZPIMCO 25+ Year Zero Coupon U.S. Treasury2.73%121,742159.42
BBHMarket Vectors Biotech2.70%352,667684.01
RHSGuggenheim S&P Equal Weight Consumer Staples2.68%94,411447.45
EDVVanguard Extended Duration Treasury2.64%131,634373.86
WEATTeucrium Wheat2.62%166,18728.29
PJPPowerShares Dynamic Pharmaceuticals2.45%803,5891,668.47
RINGiShares MSCI Global Gold Miners2.37%414,05348.53
AGFDB Agriculture Long ETN2.36%172,8571.88

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
OSMSBarclays OFI SteelPath MLP ETN-15.56%4,50117.43
GAZiPath Bloomberg Natural Gas Subindex Total Return ETN-14.22%143,3764.02
OILiPath S&P GSCI Crude Oil Total Return ETN-12.52%26,933,261697.42
FCGFirst Trust ISE-Revere Natural Gas-11.54%18,091,762175.20
YMLPYorkville High Income MLP-11.33%1,098,52799.46
EZAiShares MSCI South Africa-11.20%4,808,976309.06
USOUnited States Oil-10.96%207,401,5132,993.85
IOILIQ Global Oil Small Cap-10.58%3,7292.72
RJNELEMENTS Rogers International Commodity - Energy Total Return ETN-10.11%518,04618.18
BNOUnited States Brent Oil-10.10%988,19873.70

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
CNXTMarket Vectors ChinaAMC SME-ChiNext41.62%-3.25%58.17
DXJHWisdomTree Japan Hedged Health Care31.80%-3.52%22.05
ASHSDeutsche X-trackers Harvest CSI 500 China-A Shares Small Cap ETF26.10%-3.32%35.25
FDNFirst Trust Dow Jones Internet22.98%-2.20%4,845.74
PNQIPowerShares NASDAQ Internet21.21%-1.98%288.81
EDENiShares MSCI Denmark Capped20.13%-2.08%91.92
EIRLiShares MSCI Ireland Capped19.33%-1.79%169.61
PSCHPowerShares S&P SmallCap Health Care19.00%-1.07%259.69
KWEBKraneShares CSI China Internet18.19%-1.46%155.77
PGJPowerShares Golden Dragon China17.39%-1.06%185.34

Bottom 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
GAZiPath Bloomberg Natural Gas Subindex Total Return ETN-78.12%-12.11%4.02
CVOLC-Tracks Citi Volatility ETN-58.59%12.53%3.12
FCGFirst Trust ISE-Revere Natural Gas-56.06%-6.40%175.20
KOLMarket Vectors Coal-54.53%-8.13%41.95
PLTMFirst Trust ISE Global Platinum-54.05%-6.57%4.95
YMLPYorkville High Income MLP-53.06%-7.81%99.46
AMZAInfraCap Active MLP-49.99%-2.37%16.90
MLPYMorgan Stanley Cushing MLP High Income ETN-48.83%-4.74%51.79
JJNiPath Bloomberg Nickel Subindex Total Return ETN-48.31%-5.25%5.38
XMESPDR S&P Metals and Mining-48.28%-2.29%250.54

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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