Weekly Flows: Treasurys Favored, Junk Dumped

Investors bought up Treasury ETFs, while dumping their holdings of the largest junk bond ETFs in the week ending Thursday, Jan. 14.

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

The bloodbath in stocks continued in the second trading week of the year, as the S&P 500 revisited the lows from 2015, around the 1,867 level. In turn, investors cashed out of their U.S. equity ETFs to the tune of $2.5 billion. In total, U.S.-listed ETFs of all kinds saw outflows of $1.4 billion in the week ending Thursday, Jan 14.

As stocks fell precipitously, investors sought the safety of safe havens such as Treasuys. The iShares 7-10 Year Treasury Bond ETF (IEF | A-55) and the iShares 20+ Year Treasury Bond ETF (TLT | A-83) were big winners, with inflows of $870 million and $727 million, respectively.

However, while fixed-income ETFs on the whole saw net inflows, there were some ugly areas, such as junk bonds. Investors dumped high-yield funds aggressively, including the iShares iBoxx $ High Yield Corporate Bond ETF (HYG | B-68) and the SPDR Barclays High Yield ETF (JNK | B-68), which had outflows of $1.3 billion and $567 million, respectively.

Another notable loser was the WisdomTree Europe Hedged Equity ETF (HEDJ | B-49), the inflows leader of last year. It had outflows of nearly $400 million in the latest week.

In contrast, one notable winner in the week was the Energy Select SPDR (XLE | A-91), which had inflows of $550 million despite a fresh 12-year low in oil prices below $30/barrel.

Top 10 Creations (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
IEFiShares 7-10 Year Treasury Bond870.028,914.2010.82%
VOOVanguard S&P 500803.0139,150.932.09%
TLTiShares 20+ Year Treasury Bond727.007,079.0711.45%
XLEEnergy Select SPDR550.3411,384.515.08%
SHYiShares 1-3 Year Treasury Bond532.9212,069.664.62%
MDYSPDR S&P MidCap 400514.3413,857.933.85%
BNDVanguard Total Bond Market478.6228,102.791.73%
LQDiShares iBoxx $ Investment Grade Corporate Bond457.3724,154.811.93%
VXUSVanguard Total International Stock315.654,842.886.97%
AGGiShares Core U.S. Aggregate Bond304.3631,100.180.99%

Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($,mm)AUM ($, mm)AUM % Change
SPYSPDR S&P 500-1,738.80162,844.07-1.06%
HYGiShares iBoxx $ High Yield Corporate Bond-1,263.6312,935.91-8.90%
JNKSPDR Barclays High Yield Bond-567.018,687.24-6.13%
HEDJWisdomTree Europe Hedged Equity-399.4015,088.81-2.58%
IVViShares Core S&P 500-395.6065,705.15-0.60%
VWOVanguard FTSE Emerging Markets-294.4231,215.34-0.93%
XLKTechnology Select SPDR-286.0011,979.97-2.33%
IWFiShares Russell 1000 Growth-258.1229,210.13-0.88%
DXJWisdomTree Japan Hedged Equity-252.3913,100.38-1.89%
VTIVanguard Total Stock Market-240.4553,467.35-0.45%

ETF Weekly Flows By Asset Class

Net Flows ($, mm)AUM ($, mm)% of AUM
U.S. Equity-2,534.91664,785.72-0.38%
International Equity-1,876.52269,978.47-0.70%
U.S. Fixed Income2,481.34199,248.571.25%
International Fixed Income-116.4416,689.90-0.70%
Asset Allocation-132.193,459.96-3.82%

Top 10 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
1 Week Average
% of Average
EWRIGuggenheim Russell 1000 Equal Weight6,24620,925335.03%
KBWDPowerShares KBW High Dividend Yield Financial122,658359,692293.25%
PDNPowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid46,430133,762288.09%
FUTYFidelity MSCI Utilities78,679255,957325.32%
ALTSProShares Morningstar Alternatives Solution10,61221,957206.92%
EQLALPS Equal Weight10,21721,262208.11%
JKFiShares Morningstar Large-Cap Value25,82046,183178.86%
KBWYPowerShares KBW Premium Yield Equity REIT23,22065,110280.41%
FXUFirst Trust Utilities AlphaDEX255,882481,613188.22%
PSIPowerShares Dynamic Semiconductors27,80556,295202.46%

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
OLODB Crude Oil Long ETN17.91%420,47113.85
CVOLC-Tracks Citi Volatility ETN11.18%1,622,4214.08
THDiShares MSCI Thailand Capped5.62%1,187,104207.83
VXZiPath S&P 500 VIX Mid-Term Futures ETN4.86%4,106,56045.20
VXUPAccuShares Spot CBOE VIX Up Shares4.68%5,1862.48
VIXMProShares VIX Mid-term4.46%206,77530.66
VIIZVelocityShares VIX Mid Term ETN3.76%9,0880.68
VIIXVelocityShares VIX Short Term ETN3.04%3,491,52311.40
VXXiPath S&P 500 VIX Short-Term Futures ETN2.92%567,309,266670.95
VIXYProShares VIX Short-Term2.87%34,952,016101.97

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

TickerNameWeekly PerformanceWeekly VolumeAUM ($, mm)
GAZiPath Bloomberg Natural Gas Subindex Total Return ETN-16.78%160,5544.32
PGMiPath Bloomberg Platinum Subindex Total Return ETN-15.93%5,6798.06
GRNiPath Global Carbon ETN-13.70%26,3202.77
SILJPureFunds ISE Junior Silver (Small Cap Miners/Explorers)-13.60%51,8423.14
SGDMSprott Gold Miners-13.01%290,56796.19
GLDXGlobal X Gold Explorers-12.53%574,97224.80
IOILIQ Global Oil Small Cap-12.45%3,6532.19
GDXJMarket Vectors Junior Gold Miners-12.35%38,629,0741,225.02
SGDJSprott Junior Gold Miners-12.16%64,37023.39
GDXMarket Vectors Gold Miners-11.76%298,596,5724,288.00

Top 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
CVOLC-Tracks Citi Volatility ETN32.72%1.21%4.08
VIIXVelocityShares VIX Short Term ETN21.11%-2.12%11.40
VIXYProShares VIX Short-Term21.01%-2.18%101.97
VXXiPath S&P 500 VIX Short-Term Futures ETN20.85%-2.17%670.95
VXUPAccuShares Spot CBOE VIX Up Shares20.66%-0.13%2.48
OLODB Crude Oil Long ETN19.44%-13.77%13.85
VIXMProShares VIX Mid-term10.58%1.08%30.66
VXZiPath S&P 500 VIX Mid-Term Futures ETN10.41%1.40%45.20
VIIZVelocityShares VIX Mid Term ETN9.13%2.62%0.68
BTALQuantShares U.S. Market Neutral Anti-Beta6.72%1.61%43.04

Bottom 10 YTD Performers

TickerNameYTD PerformanceWeekly PerformanceAUM ($, mm)
MLPOCredit Suisse S&P MLP ETN-27.90%-12.70%63.95
BBCBioShares Biotechnology Clinical Trials-24.96%-8.44%17.46
CNCRLoncar Cancer Immunotherapy-21.67%-8.02%13.19
CNXTMarket Vectors ChinaAMC SME-ChiNext-21.46%-2.29%41.39
KFYPKraneShares CSI New China-21.17%-4.64%2.60
ASHSDeutsche X-trackers Harvest CSI 500 China-A Shares Small Cap ETF-21.08%-5.02%33.15
AMZAInfraCap Active MLP-19.65%-8.26%16.06
GRNiPath Global Carbon ETN-19.39%-11.31%2.77
SBIOALPS Medical Breakthroughs ETF-19.33%-6.19%128.30
MLPGETRACS Alerian Natural Gas MLP ETN-19.21%-9.16%16.79

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.