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ETF Fund Flows: $411 Flows Into IWM, ‘Qs’
By Dave Nadig and Olivier Ludwig | September 02, 2010

Related ETFs: XLF / TLT / IEF / TIP / LQD / IWM / MDY / SPY

Investors poured a total of $411.1 million into both the small-cap equities Russell 2000 ETF (NYSEArca: IWM) and the PowerShares QQQ (NYSEArca: QQQQ) ETF of Nasdaq’s 100 biggest companies on Wednesday as economic data on manufacturing helped fuel a surge in stocks.

IWM collected $225.3 million in new assets, while QQQQ gathered $185.9 million, according to data compiled by IndexUniverse.com. A number of other equity ETFs were also near the top of the creations list, including the Financial Select Sector SPDR (NYSEArca: XLF) and the SPDR S&P MidCap 400 (NYSEArca: MDY), which attracted $98.6 million and $91.5 million, respectively.

Still, vestiges of the anxiety that helped drag the Dow Jones industrial average down 4.3 percent in August was apparent right at the very top of IndexUniverse.com’s creations list. The iShares Barclays 20+ Year Treasury Bond ETF (NYSEArca: TLT) collected $306.5 million in new assets, more than any other U.S.-listed exchange-traded product yesterday.

Other flight-to-safety flows were also on the list, with the iShares Barclays 7-10 Year Treasury Bond ETF (NYSEArca: IEF) collecting $88.4 million and iShares’ iBoxx $ Investment Grade Corporate Bond (NYSEArca: LQD) adding $78.0 million in new assets.

State Street’s SPDR Gold Trust (NYSEArca: GLD) also raked in $60.9 million in new money.

Redemptions

The SPDR S&P 500 ETF (NYSEArca: SPY) topped the outflows list yesterday, with $916.7 million in redemptions. The fund’s flows often are at odds with broader market movements because it so heavily traded.

The iShares Barclays TIPS Bond ETF (NYSEArca: TIP) was No. 3 on the IndexUniverse.com redemptions list, in a possible sign that investor anxiety about deflation dipped a bit as the stock market appeared to regain its footing. TIP suffered $86.1 million in redemptions.

The Dow jumped 254.75 points, or 2.5 percent, to 10,269.47, helped by positive signs in manufacturing in both the U.S. and China. The two reports contradicted much of the weak economic data that has been creating investor jitters over the past month.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
TLT iShares Barclays 20+ Year Treasury Bond 306.52 3,424.53 10%
IWM iShares Russell 2000 225.25 12,852.02 2%
QQQQ PowerShares QQQ 185.86 16,458.89 1%
XLF Financial Select Sector SPDR 98.59 5,516.59 2%
MDY SPDR S&P MidCap 400 91.54 8,947.64 1%
IEF iShares Barclays 7-10 Year Treasury Bond 88.39 3,810.45 2%
LQD iBoxx $ Investment Grade Corporate Bond 78.01 14,386.94 1%
XRT SPDR S&P Retail 72.85 526.73 16%
GLD SPDR Gold 60.91 52,240.10 0%
XME SPDR S&P Metals and Mining 50.39 770.98 7%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 -916.74 63,160.69 -1%
VB Vanguard Small-Cap -117.46 3,477.83 -3%
TIP iShares Barclays TIPS Bond -86.14 20,404.39 0%
XLK Technology Select Sector SPDR -78.54 3,692.67 -2%
VBK Vanguard Small-Cap Growth -73.13 1,230.93 -6%
XLI Industrial Select Sector SPDR -67.43 2,564.41 -3%
EWJ iShares MSCI Japan -51.04 3,901.37 -1%
XLP Consumer Staples Select Sector SPDR -40.42 3,164.38 -1%
USO United States Oil -39.47 1,864.91 -2%
EWT iShares MSCI Taiwan -29.33 2,698.02 -1%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity - - 700.00%
International Equity - - 700.00%
U.S. Fixed Income - - 700.00%
International Fixed Income - - 700.00%
Commodity 82.74 82,625.29 0.10%
Currency 14.17 5,466.24 0.26%
Inverse - - 700.00%
Leveraged - - 700.00%
Blend - 458.89 0.00%
Alternatives 44.96 3,789.82 1.19%
Total: 141.88 92,340.23 0.15%


Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)		 1-Day Volume % of Average
DTN WisdomTree Dividend Ex-Financials 84,811 649,323 766%
PID PowerShares International Dividend Achievers Portfolio 165,324 1,159,683 701%
JSC SPDR Russell/Nomura Small Cap Japan 7,870 54,159 688%
GCC GreenHaven Continuous Commodity 134,912 895,267 664%
GMM SPDR S&P Emerging Markets 49,556 320,680 647%
VOX Vanguard Telecommunication Services 39,648 239,554 604%
AIA iShares S&P Asia 50 23,297 115,057 494%
GWX SPDR S&P International Small Cap 139,959 674,468 482%
IYK iShares Dow Jones U.S. Consumer Goods Sector 53,613 245,528 458%
BWZ SPDR Barclays Capital Short Term International Treasury Bond 20,052 89,612 447%


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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
UBM UBS E-TRACS CMCI Industrial Metals Total Return ETN 4.35% 1,025 5.23
PALL ETFS Physical Palladium 3.69% 99,161 390.71
OIL iPath Dow Jones-UBS Crude Oil Subindex Total Return ETN 3.31% 476,168 597.48
JJC iPath Dow Jones-UBS Copper Subindex Total Return ETN 3.30% 90,799 95.68
AOA iShares S&P Aggressive Allocation 3.26% 29,401 44.66
SGG iPath Dow Jones-UBS Sugar Subindex Total Return ETN 3.23% 87,567 63.74
USO United States Oil 3.23% 11,481,163 1,864.91
CSM ProShares Credit Suisse 130/30 2.98% 11,250 51.24
JJU iPath Dow Jones-UBS Aluminum Subindex Total Return ETN 2.75% 1,100 11.22
DBB PowerShares DB Base Metals 2.75% 359,220 349.39

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
VXX iPath S&P 500 VIX Short-Term Futures ETN -6.06% 27,588,833 1,881.24
GAZ iPath Dow Jones-UBS Natural Gas Subindex Total Return ETN -2.29% 107,350 129.06
DRR Market Vectors Double Short Euro ETN -2.14% 9,786 59.76
EUO ProShares UltraShort Euro -2.08% 1,208,152 355.75
VXZ iPath S&P 500 VIX Mid-Term Futures ETN -2.03% 379,552 759.54
UNL United States 12 Month Natural Gas , LP -1.78% 21,381 36.07
UNG United States Natural Gas -1.71% 21,010,621 2,438.38
YCL ProShares Ultra Yen -1.14% 5,517 6.25
UUP PowerShares DB US Dollar Index Bullish -0.79% 3,437,357 1,029.71
TZD iShares S&P Target Date 2010 -0.65% 1,259 2.94

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.