Weekly ETF Flows: Stocks Back In Favor
Close to $11 billion flowed back into equity ETFs last week, amid promises from the Fed’s new chairman to keep tapering in place.
Close to $11 billion flowed back into equity ETFs last week, amid promises from the Fed’s new chairman to keep tapering in place.
Close to $11 billion flowed back into equity ETFs last week, amid promises from the Fed’s new chairman to keep tapering in place.
Investors plowed close to $11 billion into equities-focused ETFs last week, $9.24 billion of it to U.S. equities strategies, as markets surged in the wake of Federal Reserve Chairman Janet Yellen’s promises to stay the course on reducing the central bank’s economic stimulus.
Fixed-income ETFs experienced total inflows of $2.6 billion, which paled in comparison with last week’s $11.26 billion in fixed-income inflows, but investors showed continued optimism about the market nonetheless.
Overall, investors piled $14.0 billion into ETFs in the week ended Thursday, Feb. 13, pulling total U.S.-listed ETF assets up by 3.4 percent to $1.683 trillion, according to data compiled by ETF.com.
The dramatic pivot in ETF flows followed Federal Reserve Chair Janet Yellen’s promise Tuesday to stay on course to pare the Fed’s economic stimulus program despite a recent slowdown in job growth.
Markets rallied around Yellen’s statements before the House Financial Services Committee to “be very careful not to jump to conclusions" about recent weak job gains, citing arctic winter conditions that adversely affected the economy and job market.
So, investors are rewarding equities and buying bond funds spanning the yield curve and credit quality.
The SPDR S&P 500 ETF (SPY | A-97) led all equity funds, raking in $5.3 billion last week, bringing its total assets up to $154.0 billion. The Pimco 0-5 Year High Yield Corporate Bond (HYS) led all bond inflows, pulling in $504.7 million.
On the contrary, the iShares U.S. Industrials (IYJ | A-93) was the least popular ETF last week, redeeming $636.6 million, bringing its assets down to $1.28 billion.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 | 5,302.16 | 154,044.55 | 3.56% |
| IWM | iShares Russell 2000 | 1,423.28 | 25,449.50 | 5.92% |
| IVV | iShares Core S&P 500 | 559.84 | 49,281.53 | 1.15% |
| HYS | PIMCO 0-5 Year High Yield Corporate Bond | 504.74 | 4,242.43 | 13.50% |
| IYH | iShares U.S. Healthcare | 414.72 | 2,758.73 | 17.69% |
| EFA | iShares MSCI EAFE | 395.16 | 52,674.83 | 0.76% |
| VNQ | Vanguard REIT | 392.36 | 19,494.71 | 2.05% |
| GLD | SPDR Gold | 386.47 | 33,581.18 | 1.16% |
| XLF | Financial Select SPDR | 359.51 | 16,764.84 | 2.19% |
| XLB | Materials Select SPDR | 355.35 | 5,004.57 | 7.64% |
Top 9 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IYJ | iShares U.S. Industrials | -636.59 | 1,281.53 | -33.19% |
| IYE | iShares U.S. Energy | -635.80 | 1,218.82 | -34.28% |
| VIG | Vanguard Dividend Appreciation | -618.55 | 18,272.87 | -3.27% |
| XLE | Energy Select SPDR | -287.84 | 7,455.92 | -3.72% |
| FXN | First Trust Energy AlphaDEX | -268.39 | 151.09 | -63.98% |
| FXR | First Trust Industrials/Producer Durables AlphaDEX | -266.24 | 735.08 | -26.59% |
| IYR | iShares U.S. Real Estate | -252.27 | 3,948.84 | -6.00% |
| MOO | Market Vectors Agribusiness | -222.49 | 3,802.18 | -5.53% |
| MDY | SPDR S&P MidCap 400 | -220.41 | 14,805.24 | -1.47% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 9,239.22 | 905,280.11 | 1.02% |
| International Equity | 1,714.55 | 394,572.91 | 0.43% |
| U.S. Fixed Income | 2,476.93 | 245,748.78 | 1.01% |
| International Fixed Income | 105.47 | 20,792.88 | 0.51% |
| Commodities | 324.55 | 66,116.71 | 0.49% |
| Currency | -44.83 | 1,994.76 | -2.25% |
| Leveraged | -76.59 | 21,229.98 | -0.36% |
| Inverse | 37.40 | 20,488.83 | 0.18% |
| Asset Allocation | 49.47 | 3,987.04 | 1.24% |
| Alternatives | 179.73 | 3,424.88 | 5.25% |
| Total: | 14,005.91 | 1,683,636.87 | 0.83% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| FTGC | First Trust Global Tactical Commodity Strategy | 77,199 | 2,076,928 | 538.07% |
| FXN | First Trust Energy AlphaDEX | 692,771 | 12,605,309 | 363.91% |
| RYE | Guggenheim S&P Equal Weight Energy | 12,388 | 207,239 | 334.58% |
| IYE | iShares U.S. Energy | 1,234,716 | 20,127,084 | 326.02% |
| IYJ | iShares U.S. Industrials | 594,306 | 9,464,729 | 318.51% |
| DBB | PowerShares DB Base Metals | 444,853 | 6,641,257 | 298.58% |
| RIGS | RiverFront Strategic Income | 98,287 | 1,455,298 | 296.13% |
| VCLT | Vanguard Long-Term Corporate Bond | 173,024 | 2,428,229 | 280.68% |
| TUZ | PIMCO 1-3 Year U.S. Treasury | 25,649 | 353,877 | 275.94% |
| MBG | SPDR Barclays Mortgage Backed Bond | 23,087 | 316,892 | 274.53% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| GDXJ | Market Vectors Junior Gold Miners | 14.39% | 23,802,632 | 1,899.64 |
| GLDX | Global X Gold Explorers | 13.67% | 620,370 | 39.32 |
| SIL | Global X Silver Miners | 13.36% | 2,917,562 | 252.72 |
| SLVP | iShares MSCI Global Silver Miners | 12.38% | 106,399 | 10.38 |
| SILJ | PureFunds ISE Junior Silver (Small Cap Miners/Explorers) | 12.11% | 154,912 | 2.61 |
| GGGG | Global X PURE Gold Miners | 12.04% | 33,007 | 3.60 |
| PSAU | PowerShares Global Gold and Precious Metals | 9.06% | 99,250 | 26.41 |
| GDX | Market Vectors Gold Miners | 8.74% | 265,626,575 | 7,988.71 |
| JUNR | Global X Junior Miners | 8.71% | 110,042 | 5.59 |
| RING | iShares MSCI Global Gold Miners | 8.00% | 383,877 | 55.05 |
Bottom 8 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| VIXY | ProShares VIX Short-Term | -17.81% | 4,139,258 | 111.49 |
| VIIX | VelocityShares VIX Short Term ETN | -17.70% | 442,683 | 9.76 |
| VXX | iPath S&P 500 VIX Short-Term Futures ETN | -17.70% | 181,516,567 | 907.16 |
| VIXM | ProShares VIX Mid-term | -9.44% | 383,910 | 56.34 |
| VIIZ | VelocityShares VIX Mid Term ETN | -9.43% | 59,772 | 1.92 |
| VXZ | iPath S&P 500 VIX Mid-Term Futures ETN | -9.43% | 3,546,049 | 93.02 |
| XVZ | iPath S&P Dynamic VIX ETN | -8.31% | 314,788 | 64.66 |
| SGG | iPath Dow Jones-UBS Sugar Total Return ETN | -3.99% | 117,414 | 30.11 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| JNUG | Direxion Daily Junior Gold Miners Bull 3X | 121.93 | 46.45 | 52.26 |
| NUGT | Direxion Daily Gold Miners Bull 3X | 71.12 | 27.15 | 821.20 |
| GLDX | Global X Gold Explorers | 35.89 | 13.67 | 39.32 |
| SILJ | PureFunds ISE Junior Silver (Small Cap Miners/Explorers) | 35.33 | 12.11 | 2.61 |
| GDXJ | Market Vectors Junior Gold Miners | 34.25 | 14.39 | 1,899.64 |
| GRN | iPath Global Carbon ETN | 31.58 | 7.67 | 2.54 |
| RUSS | Direxion Daily Russia Bear 3X | 28.11 | -13.00 | 7.93 |
| UGAZ | VelocityShares 3X Long Natural Gas ETN | 26.60 | -30.45 | 107.72 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | 25.85 | 0.72 | 169.27 |
| BRZS | Direxion Daily Brazil Bear 3x | 25.11 | -12.27 | 3.21 |
Bottom 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| JDST | Direxion Daily Junior Gold Miners Bear 3X | -66.88 | -35.98 | 10.75 |
| DGAZ | VelocityShares 3X Inverse Natural Gas ETN | -55.76 | 32.17 | 257.97 |
| DUST | Direxion Daily Gold Miners Bear 3X | -49.21 | -24.07 | 204.56 |
| KOLD | ProShares UltraShort DJ- UBS Natural Gas | -37.24 | 21.74 | 55.29 |
| RUSL | Direxion Daily Russia Bull 3X | -26.91 | 14.02 | 19.13 |
| BRZU | Direxion Daily Brazil Bull 3x | -26.26 | 12.05 | 7.34 |
| YINN | Direxion Daily FTSE China Bull 3X | -23.76 | 10.81 | 94.55 |
| BIS | ProShares UltraShort NASDAQ Biotech | -23.29 | -11.09 | 11.89 |
| LBJ | Direxion Daily Latin America Bull 3X | -23.08 | 12.17 | 18.50 |
| KORU | Direxion Daily South Korea Bull 3x | -22.24 | 10.33 | 2.18 |
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.
