Weekly Flows: ETF Assets Sink Amid Ugly Start To 2016

The worst start to the year for U.S. stocks led to big outflows from ETFs.

ETF.com
|
Reviewed by: etf.com Staff
,
Edited by: etf.com Staff

The worst start to the year for stocks on record sent ETF investors fleeing from some of the big-name products. Overall etf assets dipped $3.6 billion in the week ending Thursday, Jan. 7, led by a $5.8 billion outflow from U.S. equity ETFs.

The top outflow leaders were the usual suspects: the largest and most liquid ETFs. The SPDR S&P 500 ETF (SPY | A-98) led the pack with a $2.5 billion outflow. That was followed by other big-name products such as the PowerShares QQQ (QQQ | A-64) and the iShares Russell 2000 ETF (IWM | A-93).

On the other hand, U.S. fixed-income ETFs had the biggest inflows of the week with $1.1 billion in total. The biggest winner in this segment was the iShares 1-3 Year Treasury Bond ETF (SHY | A-97), which gained $245 million.

However, garnering the largest inflows were two equity products: the Vanguard S&P 500 ETF (VOO | A-98) and the iShares U.S. Real Estate ETF (IYR | B-96).

Two other interesting ETFs to make the top 10 inflows list were the iShares Gold Trust (IAU | A-100) and the VelocityShares 3X Long Crude Oil ETN (UWTI). Gold had fantastic performance in the week ending Thursday, gaining 4.5%, while oil had a lousy week, falling 10% to a 12-year low.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
VOOVanguard S&P 500310.8538,773.710.81%
IYRiShares U.S. Real Estate255.004,609.315.86%
SHYiShares 1-3 Year Treasury Bond244.8611,518.712.17%
XLPConsumer Staples Select SPDR209.548,157.132.64%
PGXPowerShares Preferred138.843,425.684.22%
IAUiShares Gold Trust137.775,564.282.54%
UWTIVelocityShares 3X Long Crude Oil ETN135.09769.5621.29%
IEIiShares 3-7 Year Treasury Bond122.985,198.512.42%
VNQVanguard REIT120.2127,234.750.44%
XLIIndustrial Select SPDR115.185,734.372.05%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500-2,482.30170,331.51-1.44%
QQQPowerShares QQQ-893.7438,844.47-2.25%
IWMiShares Russell 2000-693.1624,546.50-2.75%
DIASPDR Dow Jones Industrial Average Trust-631.7011,681.04-5.13%
XLKTechnology Select SPDR-510.6912,389.16-3.96%
XLFFinancial Select SPDR-318.5717,818.36-1.76%
IWDiShares Russell 1000 Value-252.6925,801.54-0.97%
XLYConsumer Discretionary Select SPDR-211.8010,595.61-1.96%
LQDiShares iBoxx $ Investment Grade Corporate Bond-205.2223,927.41-0.85%
FDNFirst Trust Dow Jones Internet-182.934,373.05-4.02%

ETF Weekly Flows By Asset Class

Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-5,757.65923,302.98-0.62%
International Equity177.25372,334.840.05%
U.S. Fixed Income1,059.21264,061.220.40%
International Fixed Income167.0222,262.520.75%
Commodities365.3736,573.751.00%
Currency21.791,125.851.94%
Leveraged440.1817,810.412.47%
Inverse78.9314,777.620.53%
Asset Allocation-8.734,751.00-0.18%
Alternatives-124.8213,062.60-0.96%
Total:-3,581.451,670,062.79-0.21%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
Volume
% of Average
MLPOCredit Suisse S&P MLP ETN2031,830900.00%
KCESPDR S&P Capital Markets55,188396,889719.15%
PBJPowerShares Dynamic Food & Beverage61,371265,366432.40%
FLTBFidelity Limited Term Bond33,152108,107326.10%
TTFSAdvisorShares TrimTabs Float Shrink29,14691,147312.72%
EXTWisdomTree Total Earnings3,0218,832292.32%
FADFirst Trust Multi Cap Growth AlphaDEX9,52124,901261.55%
PSRPowerShares Active U.S. Real Estate3,3548,640257.60%
FYCFirst Trust Small Cap Growth AlphaDEX26,561115,115433.40%
RWKOppenheimer Mid Cap Revenue19,84447,142237.56%

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
VPLVanguard FTSE Pacific0.00%2,405,6552,926.08
VOXVanguard Telecommunication Services0.00%171,442844.54
XBISPDR S&P Biotech0.00%19,826,3731,899.18
WIPSPDR DB International Government Inflation-Protected Bond0.00%156,339563.24
WPSiShares International Developed Property0.00%54,595136.24
XLFFinancial Select SPDR0.00%180,936,35717,818.36
XLUUtilities Select SPDR0.00%38,513,7745,796.43
XLYConsumer Discretionary Select SPDR0.00%30,940,74810,595.61
XLPConsumer Staples Select SPDR0.00%38,340,6608,157.13
WMCRGuggenheim Wilshire Micro-Cap0.00%29,07819.24

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
VPLVanguard FTSE Pacific0.00%2,405,6552,926.08
VOXVanguard Telecommunication Services0.00%171,442844.54
XBISPDR S&P Biotech0.00%19,826,3731,899.18
WIPSPDR DB International Government Inflation-Protected Bond0.00%156,339563.24
WPSiShares International Developed Property0.00%54,595136.24
XLFFinancial Select SPDR0.00%180,936,35717,818.36
XLUUtilities Select SPDR0.00%38,513,7745,796.43
XLYConsumer Discretionary Select SPDR0.00%30,940,74810,595.61
XLPConsumer Staples Select SPDR0.00%38,340,6608,157.13
WMCRGuggenheim Wilshire Micro-Cap0.00%29,07819.24

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.

etf.com is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At etf.com, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.