10 ETFs with Largest Surge in Value Traded

Here are the ten ETFs with the largest increase in value traded (VT) for the week ending May 01, 2009. The ranking is based on a simple comparison of the five-day average value traded (closing price times volume) versus the 50-day average.

Swine flu related ETFs had a significant increase in trading this week, but not enough to crack the top 10. iShares MSCI Mexico (EWW) is #32 in our rankings with a 58% increase in VT. One newsworthy ETF, iShares MSCI Taiwan (EWT), made the list with a +12.4% gain for the week and a 104% surge in value traded.

The two most popular ETFs, SPDR S&P 500 (SPY) and PowerShares QQQ (QQQQ), both had 14% declines in value traded. The value traded in SPY has been under its 50-day moving average for the past 20 market days.

Ticker	Name	1-week	VT Chg
BJK	Market Vectors Gaming ETF	6.5%	269%
IGN	iShares S&P N.A. Tech MMedia Networking	3.3%	219%
FTY	iShares FTSE NAREIT Real Estate 50	-5.4%	212%
DSG	SPDR DJ Wilshire Small Cap Growth	3.2%	181%
PJB	PowerShares Dynamic Banking	-3.3%	168%
JKL	iShares Morningstar Small Value	2.0%	133%
NLR	Market Vectors Nuclear ETF	8.1%	106%
EWT	iShares MSCI Taiwan	12.4%	104%
RFG	Rydex S&P Midcap 400 Pure Growth	4.3%	118%
PXJ	PowerShares Dynamic Oil & Gas Svcs	2.0%	107%

The output in the table above is filtered so that only ETFs and ETNs with an Average Daily Value Traded (ADVT) of at least $1 million for the past 21 market days are included. This limits the list to only those products in the upper ETF Liquidity Tiers and represents approximately 45% of the universe of US-listed ETFs and ETNs. This step eliminates many of the peculiarities associated with low volume securities.

Disclosure: long QQQQ

Comments

[Hend085:]

The VT in the ETF space is somewhat irrelevant when considering the popularity of the products as many investors choose to deal in the primary market (creation/redemptions) rather than the secondary market and thus their volume doesnt hit the tape.

May 04 05:14 PM