10 ETFs with Largest Surge in Value Traded

by: Ron Rowland

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 (NYSEARCA:EWW) is #32 in our rankings with a 58% increase in VT. One newsworthy ETF, iShares MSCI Taiwan (NYSEARCA: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 (NYSEARCA: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