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By Drew Voros

Energy funds attract nearly $2 billion in new flows. Investors returned to commodity-related, exchanged-traded products over the last week, led by energy and precious metals, which saw nearly $2.4 billion of inflows into commodity ETPs.

Energy grabbed the lion's share of flows, pulling in $1.9 billion in new capital, followed by precious metals with $469 million, industrial metals with $7.8 million and agriculture with $5 million.

The only sector to see outflows was broad market (multicommodity), which saw $11.9 million flow out.

Commodity ETPs include exchange-traded funds (ETFs), exchange-traded notes (ETNs) and exchange-traded vehicles (ETVs).

ETP Inflows/Outflows

Energy funds dominated the top inflows, led by iShares U.S. Energy (NYSEARCA:IYE) with $794 million of inflows, a 65 percent jump in AUM; followed by SPDR Gold (NYSEARCA:GLD) with $347 million; First Trust Energy AlphaDex (NYSEARCA:FXN) with $341 million, a 224 percent increase; SPDR S&P Oil & Gas Exploration & Production (NYSEARCA:XOP) with $196 million; and Vanguard Energy (NYSEARCA:VDE) with $175 million.

Outflows were a mixed bag, led by Energy Select SPDR (NYSEARCA:XLE) with $128 million, followed by Direxion Daily Gold Miners Bull 3X (NYSEARCA:NUGT) with $47 million, SPDR S&P Metals and Mining (NYSEARCA:XME) with $45 million, VelocityShares 3X Inverse Natural Gas ETN (NYSEARCA:DGAZ) with $37 million, and iPath Dow Jones-UBS Coffee Total Return ETN (NYSEARCA:JO), which saw $35 million flow out.

ETP Performance

Various forms of energy funds outperformed: Global X Uranium (NYSEARCA:URA) surged 11.82 percent, followed by Guggenheim Solar (NYSEARCA:TAN) with a 6.69 percent advance, First Trust Nasdaq Clean Edge Green Energy (NASDAQ:QCLN) gained 6.47 percent, Market Vectors Solar Energy (NYSEARCA:KWT) rose 6.37 percent, and Market Vectors Global Alternative Energy (NYSEARCA:GEX) added 5.71 percent.

A big drop in natural gas prices took related funds down too. United States Natural Gas (NYSEARCA:UNG) fell 8.28 percent, iPath Dow Jones-UBS Natural Gas Total Return ETN (NYSEARCA:GAZ) dropped 7.62 percent, iPath Global Carbon ETN (NYSEARCA:GRN) gave up 6.86 percent, Teucrium Natural Gas (NYSEARCA:NAGS) slipped 5.78 percent, and United States 12-Month Natural Gas (NYSEARCA:UNL) lost 5.50 percent.

Fund Flows Data: (February 21 - 27, 2014)

Commodity ETF Weekly Flows By Sector

Net Flows
($,mm)
AUM
($, mm)
% of AUM
Agriculture4.908,657.670.06%
Broad Market-11.9312,707.43-0.09%
Energy1,913.5244,437.364.31%
Industrial Metals7.791,276.310.61%
Precious Metals468.7864,764.990.72%
Total:2,383.05131,843.761.81%

Top 5 Commodity ETF Creations

TickerNameNet Flows
($,mm)
AUM
($, mm)
AUM % Change
IYEiShares U.S. Energy793.872,019.9464.75%
GLDSPDR Gold346.6534,412.921.02%
FXNFirst Trust Energy AlphaDEX340.82492.78224.27%
XOPSPDR S&P Oil & Gas Exploration & Production196.131,154.0720.47%
VDEVanguard Energy174.782,710.676.89%

Top 5 Commodity ETF Redemptions

TickerNameNet Flows
($,mm)
AUM
($, mm)
AUM % Change
XLEEnergy Select SPDR-127.558,266.69-1.52%
NUGTDirexion Daily Gold Miners Bull 3X-46.83730.61-6.02%
XMESPDR S&P Metals and Mining-45.28638.95-6.62%
DGAZVelocityShares 3X Inverse Natural Gas ETN-36.53402.94-8.31%
JOiPath Dow Jones-UBS Coffee Total Return ETN-34.67172.25-16.76%

Top 5 Weekly Performers, Excluding <1,000 Shares Traded

TickerNameWeekly
Performance
Weekly VolumeAUM
($, mm)
URAGlobal X Uranium11.82%2,473,783208.18
TANGuggenheim Solar6.69%3,695,685518.69
QCLNFirst Trust NASDAQ Clean Edge Green Energy6.47%1,204,024174.04
KWTMarket Vectors Solar Energy6.37%48,51227.08
GEXMarket Vectors Global Alternative Energy5.71%82,499105.60

Bottom 5 Weekly Performers, Excluding <1,000 Shares Traded

TickerNameWeekly
Performance
Weekly VolumeAUM
($, mm)
UNGUnited States Natural Gas-8.28%131,814,174813.36
GAZiPath Dow Jones-UBS Natural Gas Total Return ETN-7.62%747,11235.84
GRNiPath Global Carbon ETN-6.86%221,2982.08
NAGSTeucrium Natural Gas-5.78%19,7852.02
UNLUnited States 12 Month Natural Gas-5.50%129,49621.99

Top 5 Volume Surprises, Funds >$50 mm AUM

TickerNameAverage Volume
(30 Day)
Weekly Volume% of Average
RYEGuggenheim S&P Equal Weight Energy40,202847,973421.86%
LITGlobal X Lithium41,060712,692347.15%
MXIiShares Global Materials81,1711,140,335280.97%
FXNFirst Trust Energy AlphaDEX1,176,88015,584,388264.84%
IYEiShares U.S. Energy1,925,69622,141,372229.96%

Disclaimer: Data provided by IndexUniverse. All data as of 6 a.m. Eastern the date of publication. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.

Source: Commodity ETF Flows: Energy And Precious Metals Fall Back Into Favor