Investors yanked $502 million from the Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO), making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list. Stocks fell, with the Dow dropping to a near-four-month low, as Greece’s debt impasse deepened.

Net inflows were $142.4 million; however, the drop in the market pushed total assets under management down to $1.150 trillion, from $1.156 trillion on Monday, May 14.

The Dow Jones industrial average dropped 63.35 points, or 0.5 percent, to close at 12,632. Stocks were down as Greek politicians failed to form a government and speculation rose as to whether the country would remain within the eurozone. The S&P 500 fell 7.69 points, or 0.6 percent, to close at 1,330.66.

The No. 2 fund on the redemptions list was the Financial Select SPDR Sector Fund (NYSEArca: XLF), which had outflows of $345.6 million. The No. 3 fund on the list was the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM), which had outflows of $194.3 million.

Creations

Investors put $500.1 million into the SPDR S&P 500 ETF (NYSEArca: SPY), making it No. 1 on IndexUniverse’s “Top 10 Creations” list.

The No. 2 fund on the creations list was the iShares MSCI Germany Index Fund (NYSEArca: EWG), which had $197.5 million in inflows. The No. 3 fund on the list was the iShares Barclays 1-3 Year Treasury Bond Fund (NYSEArca: SHY), which had $143.5 million in inflows.

U.S.-focused equity ETFs had inflows of $418.2 million. U.S.-focused fixed-income ETFs had inflows of $387.1 million.

Top 10 Creations (All ETFs)

Top 10 Redemptions (All ETFs)

ETF Daily Flows By Asset Class

Top 10 Volume Surprises, Funds >$50 mm AUM

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

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.