Weekly ETF Fund Flows: IVV Loses $1.3B
IVV redeemed $1.3 billion in the week ended Jan. 2, 2014, as U.S.-listed ETF assets edged lower to $1.690 trillion.
IVV redeemed $1.3 billion in the week ended Jan. 2, 2014, as U.S.-listed ETF assets edged lower to $1.690 trillion.
IVV redeemed $1.3 billion in the week ended Jan. 2, 2014, as U.S.-listed ETF assets edged lower to $1.690 trillion.
Investors started the New Year on a cautious note by adding $826.1 million to U.S.-listed exchange-traded funds in the week ended Thursday, Jan. 2, dropping overall ETF assets lower from 1.692 trillion from the previous week. The S&P 500 Index started the New Year on a down note as wary investors are mindful of the Federal Reserve’s promise in December to curtail its economic stimulus this month.
International equity ETFs pulled in $1.05 billion, while commodity ETFs saw outflows of $327.5 million. The SPDR S&P 500 ETF (SPY | A-98) was the once again most popular ETF last week, adding $1.36 billion, and bringing its total assets to $174.9 billion, while the iShares Core S&P 500 (IVV | A-98) was the least popular, losing $1.3 billion.
The S&P 500 dropped 9.4 points to close the week at 1,831.98 as investors welcomed in the New Year with a wary eye as the Federal Reserve begins tapering its $85 billion bond-buying program this month to $75 billion.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 | 1,363.41 | 174,850.39 | 0.79% |
| XLF | Financial Select SPDR | 665.73 | 17,021.33 | 4.07% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond | 398.98 | 15,813.93 | 2.59% |
| VTI | Vanguard Total Stock Market | 307.87 | 38,817.75 | 0.80% |
| VOO | Vanguard S&P 500 | 284.56 | 14,905.45 | 1.95% |
| TLT | iShares 20+ Year Treasury Bond | 275.58 | 2,391.71 | 13.02% |
| XLE | Energy Select SPDR | 253.19 | 8,069.59 | 3.24% |
| QQQ | PowerShares QQQ | 201.13 | 45,047.98 | 0.45% |
| RSP | Guggenheim S&P 500 Equal Weight | 198.66 | 6,517.85 | 3.14% |
| AGG | iShares Core Total U.S. Bond Market | 169.96 | 15,310.08 | 1.12% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IVV | iShares Core S&P 500 | -1,302.86 | 53,148.40 | -2.39% |
| SHV | iShares Short Treasury Bond | -595.25 | 2,656.78 | -18.30% |
| XLU | Utilities Select SPDR | -584.81 | 4,444.55 | -11.63% |
| GLD | SPDR Gold | -375.06 | 31,283.47 | -1.18% |
| IWM | iShares Russell 2000 | -373.52 | 26,776.23 | -1.38% |
| MDY | SPDR S&P MidCap 400 | -340.77 | 15,118.53 | -2.20% |
| XLP | Consumer Staples Select SPDR | -312.88 | 6,668.09 | -4.48% |
| HYG | iShares iBoxx $ High Yield Corporate Bond | -278.13 | 14,873.89 | -1.84% |
| VXX | iPath S&P 500 VIX Short-Term Futures ETN | -259.77 | 998.02 | -20.65% |
| BND | Vanguard Total Bond Market | -207.92 | 17,670.84 | -1.16% |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 866.27 | 924,014.03 | 0.09% |
| International Equity | 1,054.76 | 402,288.97 | 0.26% |
| U.S. Fixed Income | -149.32 | 229,501.65 | -0.07% |
| International Fixed Income | 9.26 | 20,707.63 | 0.04% |
| Commodities | -327.52 | 63,716.83 | -0.51% |
| Currency | -26.53 | 2,573.15 | -1.03% |
| Leveraged | -84.84 | 20,782.97 | -0.41% |
| Inverse | -207.50 | 19,146.13 | -1.08% |
| Asset Allocation | 13.90 | 3,840.69 | 0.36% |
| Alternatives | -322.43 | 3,563.02 | -9.05% |
| Total: | 826.07 | 1,690,135.06 | 0.05% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
| QDEF | FlexShares Quality Dividend Defensive | 32,797 | 824,722 | 502.93% |
| ITE | SPDR Barclays Intermediate Term Treasury | 80,172 | 1,835,416 | 457.87% |
| EQL | ALPS Equal Weight | 25,036 | 537,980 | 429.76% |
| MTK | SPDR Morgan Stanley Technology | 6,226 | 129,442 | 415.84% |
| URTH | iShares MSCI World | 25,942 | 503,219 | 387.96% |
| LEMB | iShares Emerging Markets Local Currency Bond | 133,097 | 2,562,879 | 385.11% |
| TUZ | PIMCO 1-3 Year U.S. Treasury | 16,450 | 292,354 | 355.44% |
| GSG | iShares S&P GSCI Commodity | 355,624 | 5,891,587 | 331.34% |
| IJK | iShares S&P Mid-Cap 400 Growth | 212,554 | 3,311,430 | 311.58% |
| EWK | iShares MSCI Belgium Capped | 61,679 | 876,790 | 284.31% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| TAN | Guggenheim Solar | 10.96% | 1,354,067 | 310.13 |
| KWT | Market Vectors Solar Energy | 9.17% | 27,780 | 22.59 |
| GDXJ | Market Vectors Junior Gold Miners | 9.15% | 6,077,974 | 1,196.41 |
| SILJ | PureFunds ISE Junior Silver (Small Cap Miners/Explorers) | 9.04% | 9,379 | 1.47 |
| JUNR | Global X Junior Miners | 8.59% | 102,903 | 5.92 |
| GLDX | Global X Gold Explorers | 8.12% | 187,877 | 29.58 |
| SIL | Global X Silver Miners | 8.11% | 1,004,817 | 198.83 |
| SLVP | iShares MSCI Global Silver Miners | 7.13% | 85,620 | 7.62 |
| PTM | ETRACS CMCI Long Platinum Total Return ETN | 6.83% | 55,792 | 31.90 |
| GGGG | Global X PURE Gold Miners | 6.56% | 29,702 | 3.01 |
Bottom 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| EEH | ELEMENTS Linked to SPECTRUM Large Cap U.S. Momentum ETN | -15.77% | 2,490 | 1.22 |
| BLNG | iPath Pure Beta Precious Metals ETN | -11.90% | 2,625 | 1.75 |
| THD | iShares MSCI Thailand Capped | -9.79% | 996,112 | 477.81 |
| TUR | iShares MSCI Turkey | -7.83% | 3,621,570 | 463.20 |
| NIB | iPath Dow Jones-UBS Cocoa Total Return ETN | -6.71% | 44,811 | 40.40 |
| CHOC | iPath Pure Beta Cocoa ETN | -6.42% | 36,659 | 5.81 |
| AGF | PowerShares DB Agriculture Long ETN | -6.09% | 10,512 | 3.03 |
| CVOL | C-Tracks Citi Volatility ETN | -6.08% | 153,956 | 2.65 |
| GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | -5.17% | 569,291 | 37.08 |
| OIL | iPath S&P GSCI Crude Oil Total Return ETN | -4.08% | 1,329,678 | 248.98 |
Top 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| ALTL | RBS US Large Cap Alternator ETN | 26.45 | 1.13 | 5.22 |
| GRID | First Trust NASDAQ Clean Edge Smart Grid Infrastructure | 25.22 | 1.76 | 12.51 |
| TDX | db X-trackers In-Target Date | 20.96 | 1.12 | 11.62 |
| FEFN | iShares MSCI Far East Financials | 18.27 | 4.40 | 6.12 |
| TDD | db X-trackers 2010 Target Date | 17.58 | 4.28 | 10.09 |
| NUCL | iShares Global Nuclear Energy | 16.46 | 1.58 | 8.52 |
| AXFN | iShares MSCI ACWI ex U.S. Financials | 14.46 | 1.13 | 5.13 |
| OLEM | iPath Pure Beta Crude Oil ETN | 9.73 | 0.83 | 3.27 |
| ONN | ETRACS Fisher-Gartman Risk On ETN | 8.65 | 1.50 | 11.88 |
| CTNN | iPath Pure Beta Cotton ETN | 8.62 | 1.63 | 1.94 |
Bottom 10 YTD Performers
| Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
| CVOL | C-Tracks Citi Volatility ETN | -88.55 | -6.08 | 2.65 |
| AGF | PowerShares DB Agriculture Long ETN | -36.80 | -6.09 | 3.03 |
| GRN | iPath Global Carbon ETN | -32.20 | 0.02 | 1.78 |
| DPU | PowerShares DB Commodity Long ETN | -25.86 | 5.59 | 2.40 |
| BDG | PowerShares DB Base Metals Long ETN | -25.79 | -4.06 | 0.00 |
| RGRP | RBS Rogers Enhanced Precious Metals ETN | -25.55 | -4.04 | 3.00 |
| JYN | iPath JPY/USD Exchange Rate ETN | -24.13 | -3.57 | 1.65 |
| GRWN | iPath Pure Beta Softs ETN | -17.52 | 0.00 | 0.81 |
| GSGO | ALPS/GS Momentum Builder Growth Markets Equities and US Treasuries | -16.26 | 2.42 | 2.03 |
| UAG | ETRACS CMCI Agriculture Total Return ETN | -14.64 | -0.40 | 12.05 |
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.
