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ETF Fund Flows: Fear Fades Amid Equity Creations
By Dave Nadig and Olivier Ludwig | July 08, 2010

Related ETFs: ERY / DRV / TZA / TYP / EEM / IWM / SPY / VWO

Some of the most popular U.S. equity ETFs topped IndexUniverse.com’s list of creations on Wednesday, as some of the fear gripping financial markets relented.

The iShares Russell 2000 ETF (NYSEArca: IWM) was at the top of the creations list, with $455.5 million in new money, while Vanguard’s MSCI Emerging Markets ETF (NYSEArca: VWO) and iShares’ MSCI Emerging Markets Index Fund (NYSEArca: EEM) were in the second and third slots. The two emerging markets ETFs added about $198 million and $174 million, respectively.

Redemptions were led by another equity fund, State Street Global Advisors’ S&P 500 ETF (NYSEArca: SPY), which lost $737 million in assets. It’s the biggest ETF in the world, with more than $64 billion in assets, and is widely used by short-term traders.

Total assets in U.S. ETFs totaled about $790 billion.

Complete ETF daily data follow below.

Top 10 Creations (All ETFs)

Top 10 Creations (All ETFs)
Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
IWM	iShares Russell 2000	455.53	13,754.57	3%
VWO	Vanguard Emerging Markets	198.26	25,857.52	1%
EEM	iShares MSCI Emerging Markets	174.20	35,381.02	0%
QQQQ	PowerShares QQQ	169.37	17,354.96	1%
XLP	Consumer Staples Select Sector SPDR	99.16	2,668.82	4%
VXX	iPath S&P 500 VIX Short-Term Futures ETN	98.50	1,315.09	8%
EMB	JPMorgan USD Emerging Markets Bond	82.60	1,631.35	5%
IVV	iShares S&P 500	69.24	21,103.24	0%
BND	Vanguard Total Bond Market	64.80	8,059.50	1%
AGG	iShares Barclays Aggregate Bond	63.91	12,250.08	1%

Top 10 Redemption (All ETFs)

Top 10 Redemptions (All ETFs)
Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
SPY	SPDR S&P 500	-737.77	64,470.66	-1%
IWD	iShares Russell 1000 Value	-105.28	8,372.60	-1%
XRT	SPDR S&P Retail	-80.23	818.73	-9%
XLY	Consumer Discretionary Select Sector SPDR	-64.23	1,472.93	-4%
MDY	SPDR S&P MidCap 400	-52.60	8,267.66	-1%
VB	Vanguard Small-Cap	-45.72	3,362.93	-1%
RSP	Rydex S&P Equal Weight	-42.79	1,888.85	-2%
IWF	iShares Russell 1000 Growth	-42.29	10,044.84	0%
IWN	iShares Russell 2000 Value	-39.84	3,553.91	-1%
FXI	iShares FTSE/Xinhua China 25	-35.36	7,732.31	0%

ETF Daily Flows By Asset Class

ETF Daily Flows By Asset Class
	Net Flows ($, mm)	AUM ($, mm)	% of AUM
U.S. Equity	-615.21	335,922.66	-0.18%
International Equity	379.30	202,548.55	0.19%
U.S. Fixed Income	419.16	117,553.61	0.36%
International Fixed Income	90.46	4,580.79	1.97%
Commodity	33.37	79,744.90	0.04%
Currency	-20.54	5,228.34	-0.39%
Inverse	-32.04	21,030.60	-0.15%
Leveraged	-23.87	11,728.29	-0.20%
Blend	3.66	688.25	0.53%
Alternatives	117.73	10,984.11	1.07%
Total:	352.02	790,010.12	0.04%

Top 10 Volume Surprises, Funds >$50 mm AUM

Top 10 Volume Surprises (>$50mm AUM)
Ticker	Name	Average Volume (30 Day)	1-Day Volume	% of Average
PBJ	PowerShares Dynamic Food & Beverage Portfolio	114,070	-	1557%
EWK	iShares MSCI Belgium Investable Market	357,663	-	896%
PBS	PowerShares Dynamic Media Portfolio	133,768	-	843%
RJI	ELEMENTS Rogers International Commodity - Total Return ETN	508,250	-	839%
DBS	PowerShares DB Silver	35,706	-	770%
IHI	iShares Dow Jones U.S. Medical Devices	115,847	-	618%
AGZ	iShares Barclays Agency Bond	21,348	-	494%
IGV	iShares S&P North American Technology-Software	87,740	-	451%
FVL	First Trust Value Line 100 Exchange-Traded	19,867	-	444%
ISI	iShares S&P 1500	40,490	-	442%

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

Top 10 1 Day Performers (excluding Leverage/Inverse, >1,000 Shares Traded)
Ticker	Name	1-Day Performance	1-Day Volume	AUM ($, mm)
BHH	B2B Internet HOLDRS	8.33%	-	2.71
IIH	Internet Infrastructure HOLDRS	6.82%	-	11.22
WCAT	Jefferies \| TR/J CRB Wildcatters Exploration & Production Equity	6.69%	-	3.71
EWP	iShares MSCI Spain	6.42%	-	142.09
TAN	Claymore/MAC Global Solar Energy	6.39%	-	145.98
KBE	SPDR KBW Bank	5.71%	-	778.42
RKH	Regional Bank HOLDRS	5.59%	-	139.96
EWI	iShares MSCI Italy	5.53%	-	92.53
PSI	PowerShares Dynamic Semiconductors Portfolio	5.43%	-	26.56
IGW	iShares S&P North American Technology-Semiconductors	5.33%	-	259.88

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

Bottom 10 1 Day Performers (Excluding Leverage/Inverse, >1,000 Shares Traded)
Ticker	Name	1-Day Performance	1-Day Volume	AUM ($, mm)
EEH	ELEMENTS Linked to SPECTRUM Large Cap U.S. Sector Momentum	-7.74%	-	0.88
VXX	iPath S&P 500 VIX Short-Term Futures ETN	-6.27%	-	1,315.09
EKH	Europe 2001 HOLDRS	-4.09%	-	3.80
VXZ	iPath S&P 500 VIX Mid-Term Futures ETN	-3.93%	-	597.74
XLIS	PowerShares S&P SmallCap Industrials	-3.60%	-	2.27
UBN	UBS E-TRACS CMCI Energy Total Return ETN	-3.56%	-	3.85
EGPT	Market Vectors Egypt	-2.90%	-	3.42
WREI	Wilshire US REIT	-2.56%	-	3.80
ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury	-2.14%	-	34.20
GAZ	iPath Dow Jones-UBS Natural Gas Subindex Total Return ETN	-1.78%	-	156.80

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.