ETF Fund Flows: LQD Adds $196.8 Million
Investors plowed $196.8 million into the iShares iBoxx Investment Grade Corporate Bond Fund (LQD - News), making it No. 2 on IndexUniverse’s “Top 10 Creations” list. Stocks were down on concerns about Greece’s debt crisis and the potential for financial contagion.
Net flows were $1.10 billion; however, falling stocks pulled total assets under management down to $1.137 trillion from $1.150 trillion on Tuesday, May 29.
The Dow Jones industrial average was down 160. 83 points, or 1.3 percent, to close at 12,419.86. Stocks fell as investors grew increasingly concerned about Greece and apprehension about Italy and Spain was reflected in rising bond yields in those countries. The S'P 500 dropped 19.10 points, or 1.4 percent, to close at 1,313.36.
The No. 1 fund on IndexUniverse’s top 10 creations list was the PowerShares QQQ Trust (QQQ - News), which had $364.6 million in inflows. The No. 3 fund on the creations list was the Financial Select Sector SPDR ETF (XLF - News), which pulled in $177.3 million in inflows.
U.S.-focused equity ETFs had $550.5 million in inflows. U.S.-focused fixed-income ETFs had $478.9 million inflows.
Redemptions
Investors pulled $182.5 million from the iShares Dow Jones U.S. Real Estate Index Fund (IYR - News), making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list.
The No. 2 fund on the redemptions list was the iShares iBoxx $ High Yield Corporate Bond Fund (HYG - News), which suffered $176.9 million in outflows. The No. 3 fund on the list was the Heath Care Select Sector SPDR ETF (XLV - News), which had $103.4 million in outflows.
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
QQQ | PowerShares QQQ | 364.63 | 29,606.75 | 1.25% |
LQD | iShares iBoxx $ Investment Grade Corporate Bond | 196.78 | 21,101.23 | 0.94% |
XLF | Financial Select SPDR | 177.35 | 5,662.76 | 3.23% |
XLE | Energy Select SPDR | 173.29 | 6,284.51 | 2.84% |
XLB | Materials Select SPDR | 93.45 | 2,175.40 | 4.49% |
BND | Vanguard Total Bond Market | 75.82 | 17,024.90 | 0.45% |
BIL | SPDR Barclays Capital 1-3 Month T-Bill | 68.73 | 1,461.66 | 4.93% |
VOO | Vanguard S'P 500 | 63.29 | 4,338.95 | 1.48% |
TIP | iShares Barclays TIPS Bond | 60.23 | 23,296.96 | 0.26% |
UUP | PowerShares DB US Dollar Index Bullish | 50.51 | 1,235.25 | 4.26% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
IYR | iShares Dow Jones U.S. Real Estate | -182.49 | 3,722.80 | -4.67% |
HYG | iShares iBoxx $ High Yield Corporate Bond | -176.88 | 14,150.40 | -1.23% |
XLV | Health Care Select SPDR | -103.40 | 4,287.21 | -2.35% |
SPY | SPDR S'P 500 | -79.07 | 97,251.00 | -0.08% |
XLI | Industrial Select SPDR | -48.71 | 3,102.57 | -1.55% |
TVIX | VelocityShares Daily 2X VIX Short Term ETN | -44.30 | 502.54 | -8.10% |
IBB | iShares NASDAQ Biotechnology | -43.52 | 1,834.16 | -2.32% |
TNA | Direxion Daily Small Cap Bull 3x | -40.41 | 829.57 | -4.64% |
XLY | Consumer Discretionary Select SPDR | -38.86 | 3,339.97 | -1.15% |
XIV | VelocityShares Daily Inverse VIX Short Term ETN | -35.44 | 229.65 | -13.37% |
ETF Daily Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 550.47 | 519,661.97 | 0.11% |
International Equity | 25.43 | 252,515.27 | 0.01% |
U.S. Fixed Income | 478.90 | 205,723.09 | 0.23% |
International Fixed Income | 21.30 | 16,254.00 | 0.13% |
Commodities | -46.68 | 101,998.32 | -0.05% |
Currency | 24.66 | 3,105.17 | 0.79% |
Leveraged | -75.06 | 12,099.09 | -0.62% |
Inverse | 134.71 | 19,545.92 | 0.69% |
Asset Allocation | -1.73 | 1,853.19 | -0.09% |
Alternatives | -11.60 | 4,272.10 | -0.27% |
Total: | 1,100.39 | 1,137,028.12 | 0.10% |
Top 10 Volume Surprises, Funds '$50 mm AUM
Ticker | Name | Average Volume | 1-Day Volume | % of Average |
SCHE | Schwab Emerging Markets Equity | 168,691 | 1,146,708 | 679.77% |
PPH | Market Vectors Pharmaceutical | 148,224 | 804,678 | 542.88% |
SCHA | Schwab U.S. Small-Cap | 132,017 | 704,501 | 533.64% |
PAF | PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio | 5,083 | 25,779 | 507.21% |
TUR | iShares MSCI Turkey Investable Market | 218,799 | 1,092,457 | 499.30% |
DTYS | iPath U.S. Treasury 10-Year Bear ETN | 34,925 | 146,398 | 419.18% |
ZROZ | PIMCO 25+ Year Zero Coupon U.S. Treasury | 27,467 | 112,322 | 408.94% |
GBF | iShares Barclays Government/Credit Bond | 7,389 | 30,102 | 407.39% |
IBND | SPDR Barclays Capital International Corporate Bond | 24,975 | 101,472 | 406.30% |
XPH | SPDR S'P Pharmaceuticals | 94,073 | 376,248 | 399.95% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
VXX | iPath S'P 500 VIX Short-Term Futures ETN | 6.92% | 52,006,188 | 1,823.39 |
VIXY | ProShares VIX Short-Term | 6.75% | 1,150,945 | 169.52 |
VIIX | VelocityShares VIX Short Term ETN | 6.38% | 331,257 | 31.68 |
ZROZ | PIMCO 25+ Year Zero Coupon U.S. Treasury | 3.97% | 112,322 | 172.03 |
EDV | Vanguard Extended Duration Treasury | 3.96% | 27,849 | 225.00 |
VXZ | iPath S'P 500 VIX Mid-Term Futures ETN | 2.98% | 391,302 | 268.23 |
HYXU | iShares Global ex USD High Yield Corporate Bond | 2.66% | 2,822 | 23.08 |
TLT | iShares Barclays 20+ Year Treasury Bond | 2.54% | 17,171,367 | 3,907.24 |
VIXM | ProShares VIX Mid-term | 2.40% | 14,893 | 108.27 |
TLO | SPDR Barclays Capital Long Term Treasury | 2.35% | 5,141 | 50.89 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
GWO | ELEMENTS Credit Suisse Global Warming ETN | -11.63% | 28,176 | 2.75 |
CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -8.05% | 44,623 | 10.41 |
UBN | ETRACS CMCI Energy Total Return ETN | -6.00% | 1,600 | 2.82 |
EU | WisdomTree Euro Debt | -5.23% | 4,502 | 4.82 |
GREK | Global X FTSE Greece 20 | -4.90% | 29,668 | 2.82 |
PSCE | PowerShares S'P SmallCap Energy | -4.61% | 21,897 | 52.11 |
TSXV | Global X S'P/TSX Venture 30 Canada | -4.25% | 1,600 | 2.34 |
OIH | Market Vectors Oil Services | -4.21% | 4,226,968 | 1,116.05 |
ITB | iShares Dow Jones U.S. Home Construction | -4.21% | 2,130,034 | 662.07 |
NAGS | Teucrium Natural Gas Fund | -4.21% | 3,550 | 3.27 |
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.
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