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Investors yanked $491.0 million out of the SPDR S&P 500 ETF (NYSEArca: SPY) and $444.1 million from the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM), but stock market gains offset net outflows and lifted total assets in U.S. ETFs to about $1.01 trillion, according to data compiled by IndexUniverse.com.
The small-cap Russell 2000 ETF (NYSEArca: IWM) was No. 3 on the redemptions list, suffering $157.7 million in outflows.
The Dow Jones industrial average eked out a 9.84-point gain, closing at 11,585.38, as a weaker dollar and gains in energy and commodities propelled the stock index upward. The gains helped offset net ETF outflows $541.0 million.
Creations
Yesterday’s most-popular fund was the Financial Select SPDR ETF (NYSEArca: XLF), which raked in $184.4 million.
It was followed by the heavily traded SPDR S&P Retail ETF (NYSEArca: XRT), which gathered $145.4 million in new assets, a 20 percent jump. XRT had $872.2 million as of yesterday's close.
Rounding out the top three funds on Wednesday was the iShares MSCI All Country Asia ex-Japan ETF (NYSEArca: AAXJ). It added $75.7 million.
VXX Appears Again
Appearing for the third consecutive day on the list of the 10 most popular ETFs was the iPath S&P 500 VIX Short-Term Futures ETN (NYSEArca: VXX), which attracted $44.1 million, lifting total assets in the security to $1.69 billion.
Investors poured $157.6 million into VXX on Tuesday, which came a day after the popular hedging tool raked in $327 million on Monday.
It wasn’t immediately clear why VXX was enjoying an end-of-year surge in popularity, apart from indicating that investors are grappling with ongoing uncertainty and view the ETN as a viable trading tool for dealing with that uncertainty.
Top 10 Creations (All ETFs)
| XLF |
Financial Select SPDR |
184.43 |
7,588.71 |
2% |
| XRT |
SPDR S&P Retail |
145.36 |
872.16 |
20% |
| AAXJ |
iShares MSCI All Country Asia ex-Japan |
75.68 |
2,636.25 |
3% |
| ACWI |
iShares MSCI ACWI |
65.12 |
1,497.70 |
5% |
| TNA |
Direxion Daily Small Cap Bull 3x |
55.72 |
579.52 |
11% |
| GDX |
Market Vectors Gold Miners |
45.99 |
7,594.49 |
1% |
| VXX |
iPath S&P 500 VIX Short-Term Futures ETN |
44.14 |
1,692.04 |
3% |
| SDY |
SPDR S&P Dividend |
41.72 |
5,030.20 |
1% |
| IVV |
iShares S&P 500 |
37.91 |
25,888.92 |
0% |
| IXC |
iShares S&P Global Energy |
34.92 |
1,309.49 |
3% |
Top 10 Redemptions (All ETFs)
| SPY |
SPDR S&P 500 |
-491.03 |
91,134.14 |
-1% |
| EEM |
iShares MSCI Emerging Markets |
-444.08 |
46,903.21 |
-1% |
| IWM |
iShares Russell 2000 |
-157.73 |
17,834.91 |
-1% |
| TLT |
iShares Barclays 20+ Year Treasury Bond |
-130.74 |
2,680.16 |
-5% |
| DIA |
SPDR Dow Jones Industrial Average Trust |
-80.92 |
8,686.64 |
-1% |
| XLE |
Energy Select SPDR |
-74.86 |
8,341.50 |
-1% |
| XLY |
Consumer Discretionary Select SPDR |
-56.30 |
2,458.47 |
-2% |
| IYR |
iShares Dow Jones U.S. Real Estate |
-55.98 |
3,101.02 |
-2% |
| GXC |
SPDR S&P China |
-53.08 |
697.64 |
-7% |
| XOP |
SPDR S&P Oil & Gas Exploration & Production |
-47.40 |
724.20 |
-6% |
ETF Daily Flows By Asset Class
| U.S. Equity |
-457.27 |
451,343.51 |
-0.10% |
| International Equity |
-232.44 |
276,353.88 |
-0.08% |
| U.S. Fixed Income |
-85.12 |
131,915.99 |
-0.06% |
| International Fixed Income |
20.85 |
6,496.02 |
0.32% |
| Commodities |
105.41 |
101,572.75 |
0.10% |
| Currency |
-0.09 |
4,767.54 |
0.00% |
| Leveraged |
59.09 |
13,192.92 |
0.45% |
| Inverse |
-10.88 |
18,798.59 |
-0.06% |
| Asset Allocation |
9.72 |
507.36 |
1.92% |
| Alternatives |
49.76 |
3,837.72 |
1.30% |
| Total: |
-540.97 |
1,008,786.27 |
-0.05% |
Top 10 Volume Surprises, Funds >$50 mm AUM
| IYC |
iShares Dow Jones U.S. Consumer Services |
63,434 |
855,803 |
1349% |
| USL |
United States 12 Month Oil |
64,130 |
475,510 |
741% |
| ENY |
Guggenheim Canadian Energy Income |
37,037 |
257,779 |
696% |
| REMX |
Market Vectors Rare Earth/Strategic Metals |
308,116 |
2,073,731 |
673% |
| IFGL |
iShares FTSE EPRA/NAREIT Developed Real Estate ex-US. |
60,168 |
310,057 |
515% |
| IXC |
iShares S&P Global Energy |
232,454 |
1,080,489 |
465% |
| GSG |
iShares S&P GSCI Commodity-ed |
527,869 |
2,397,094 |
454% |
| RWK |
RevenueShares Mid Cap |
27,012 |
111,962 |
414% |
| QAI |
IQ Hedge Multi-Strategy Tracker |
37,367 |
151,843 |
406% |
| CXA |
SPDR Barclays Capital California Municipal Bond |
31,476 |
124,570 |
396% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and >1,000 Shares Traded
| GWO |
ELEMENTS Credit Suisse Global Warming ETN |
8.03% |
16,100 |
3.44 |
| REMX |
Market Vectors Rare Earth/Strategic Metals |
7.14% |
2,073,731 |
183.30 |
| SPGH |
UBS E-TRACS S&P 500 Gold Hedged ETN |
3.94% |
1,500 |
14.96 |
| BDG |
PowerShares DB Base Metals Long ETN |
3.85% |
1,250 |
1.60 |
| SKOR |
IQ South Korea Small Cap |
3.37% |
6,952 |
6.89 |
| DLBL |
iPath U.S. Treasury Long Bond Bull ETN |
3.21% |
3,500 |
7.84 |
| EIRL |
iShares MSCI Ireland Capped Investable Market |
3.17% |
2,595 |
3.00 |
| ZROZ |
PIMCO 25+ Year Zero Coupon U.S. Treasury |
2.73% |
180,714 |
35.30 |
| GXG |
Global X/InterBolsa FTSE Colombia 20 |
2.71% |
130,370 |
174.09 |
| EWZ |
iShares MSCI Brazil |
2.70% |
10,437,824 |
11,476.84 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and >1,000 Shares Traded
| BAL |
iPath Dow Jones-UBS Cotton Sub Total Return ETN |
-3.01% |
63,145 |
54.70 |
| SGG |
iPath Dow Jones-UBS Sugar Sub Total Return ETN |
-2.17% |
53,403 |
85.53 |
| JJS |
iPath Dow Jones-UBS Softs Sub Total Return ETN |
-2.10% |
8,194 |
43.71 |
| JJT |
iPath Dow Jones-UBS Tin Sub Total Return ETN |
-1.95% |
5,244 |
32.96 |
| CRBI |
Jefferies TR/J CRB Global Industrial Metals Equity |
-1.54% |
1,025 |
4.87 |
| VXX |
iPath S&P 500 VIX Short-Term Futures ETN |
-1.36% |
5,470,039 |
1,692.04 |
| UAG |
UBS E-TRACS CMCI Agriculture Total Return ETN |
-1.23% |
6,231 |
8.85 |
| FUD |
UBS E-TRACS CMCI Food Total Return ETN |
-1.12% |
6,006 |
10.56 |
| JJA |
iPath Dow Jones UBS Agriculture Sub Total Return ETN |
-1.06% |
65,902 |
141.27 |
| NIB |
iPath Dow Jones-UBS Cocoa Sub Total Return ETN |
-1.06% |
25,965 |
15.36 |
Disclaimer: All data as of 6 a.m. Eastern following the day noted in the headline. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges. |
