Energy sees the largest inflow in an overall positive week, but natural gas funds see price weakness.
It was a positive week for commodity-related ETPs, as investors added $703 million of capital into the space. Energy, broad market (multi-commodity) and precious metals ETPs were the best performers, with $498 million, $188 million and $31 million in inflows, respectively. Industrial metals and agriculture ETPs saw net outflows, but they were relatively minor, at $31 million and $1 million, respectively.
Exchange-traded products (ETPs) include exchange-traded funds (ETFs), exchange-traded vehicles (ETVs) and exchange-traded notes (ETNs).
ETP Inflows/Outflows
As for individual ETPs, energy heavyweight Energy Select Sector SPDR Fund (NYSE Arca: XLE) took the top spot, with a $414 million inflow. Other energy ETPs to make the top five were the Alerian MLP ETF (NYSE Arca: AMLP) and the United States Oil Fund (NYSE Arca: USO) with inflows of $79 million and $74 million, respectively.
SPDR S&P Metals and Mining ETF (NYSE Arca: XME) and iShares Gold Trust (NYSE Arca: IAU) made up the rest of the list, with inflows of $136 million and $115 million.
Like the inflows list, the outflows list consisted of a mix of energy and precious metals names.
Market Vectors Gold Miners ETF (NYSE Arca: GDX) and PowerShares DB Precious Metals ETF (NYSE Arca: DBP) saw withdrawals of $108 million and $34 million, respectively, while SPDR S&P Oil & Gas Exploration & Production ETF (NYSE Arca: XOP) and Market Vectors Oil Services ETF (NYSE Arca: OIH) saw outflows of $72 million and $30 million, respectively.
Rounding out the top five on the outflows list was the broad-based iPath Dow Jones-UBS Commodity Total Return ETN (NYSE Arca: DJP), with a $23 million withdrawal.
ETP Price Performance
In terms of price performance, solar energy ETPs were far and away the best performers. Market Vectors Solar Energy ETF (NYSE Arca: KWT), Guggenheim Solar ETF (NYSE Arca: TAN) and PowerShares WilderHill Clean Energy Portfolio (NYSE Arca: PBW) rose 20.78 percent, 20 percent, and 11.64 percent, respectively.
iPath Dow Jones-UBS Cocoa Subindex Total Return ETN (NYSE Arca: NIB) and ETRACS CMCI Long Platinum Total Return ETN (NYSE Arca: PTM) also made the top five, with gains of 15.84 percent and 13.29 percent, respectively.
Meanwhile, four of the five worst performers in the week were natural gas ETPs. Teucrium Natural Gas Fund (NYSE Arca: NAGS), iPath Dow Jones-UBS Natural Gas Subindex Total Return ETN (NSYE Arca: GAZ), United States Natural Gas Fund (NYSE Arca: UNG) and United States 12 Month Natural Gas Fund (NYSE Arca: UNL) fell by 10.41 percent, 8.73 percent, 8.1 percent, and 6.41 percent, respectively.
Rounding out the top five was ELEMENTS Credit Suisse Global Warming ETN (NYSE Arca: GWO), with a 5.47 percent loss.
Fund Flows Data: January 6 - January 12
Commodity ETF Weekly Flows By Asset Class
| Net Flows ($,mm) | AUM ($, mm) | % of AUM | |
| Agriculture | -0.61 | 10,845.96 | -0.01% |
| Broad Market | 187.86 | 13,706.03 | 1.37% |
| Energy | 497.51 | 29,384.52 | 1.69% |
| Industrial Metals | -13.05 | 1,813.20 | -0.72% |
| Precious Metals | 31.28 | 104,290.18 | 0.03% |
| Total: | 702.99 | 160,039.90 | 0.44% |
Top 5 Commodity ETF Creations
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| XLE | Energy Select SPDR | 414.32 | 7,519.91 | 5.83% |
| XME | SPDR S&P Metals and Mining | 136.40 | 932.65 | 17.13% |
| IAU | iShares Gold Trust | 115.34 | 9,245.30 | 1.26% |
| AMLP | Alerian MLP | 79.47 | 2,102.37 | 3.93% |
| USO | United States Oil | 73.52 | 1,183.29 | 6.63% |
Top 5 Commodity ETF Redemptions
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| GDX | Market Vectors Gold Miners | -108.17 | 9,071.58 | -1.18% |
| XOP | SPDR S&P Oil & Gas Exploration & Production | -71.80 | 683.24 | -9.51% |
| DBP | PowerShares DB Precious Metals | -34.23 | 434.33 | -7.30% |
| OIH | Market Vectors Oil Services | -29.56 | 917.95 | -3.12% |
| DJP | iPath Dow Jones-UBS Commodity Total Return ETN | -22.87 | 2,598.38 | -0.87% |
Top 5 Weekly Performers, Excluding <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| KWT | Market Vectors Solar Energy | 20.78% | 582,074 | 12.46 |
| TAN | Guggenheim Solar | 20.00% | 4,393,771 | 76.63 |
| NIB | iPath Dow Jones-UBS Cocoa Total Return ETN | 15.84% | 148,093 | 20.40 |
| PTM | ETRACS CMCI Long Platinum Total Return ETN | 13.29% | 435,140 | 37.16 |
| PBW | PowerShares WilderHill Clean Energy Portfolio | 11.64% | 2,717,486 | 219.71 |
Bottom 5 Weekly Performers, Excluding <1,000 Shares Traded
| Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
| NAGS | Teucrium Natural Gas Fund | -10.41% | 5,477 | 1.27 |
| GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | -8.73% | 1,095,245 | 49.86 |
| UNG | United States Natural Gas | -8.10% | 97,267,600 | 970.61 |
| UNL | United States 12 Month Natural Gas | -6.41% | 186,520 | 19.66 |
| GWO | ELEMENTS Credit Suisse Global Warming ETN | -5.47% | 9,240 | 0.00 |
Top 5 Volume Surprises, Funds >$50 mm AUM
| Ticker | Name | Average Volume (30 Day) | Weekly Volume | % of Average |
| FIW | First Trust ISE Water | 12,974 | 137,292 | 211.65% |
| TAN | Guggenheim Solar | 440,052 | 4,393,771 | 199.69% |
| DBC | PowerShares DB Commodity Tracking | 2,620,364 | 26,079,692 | 199.05% |
| GSP | iPath S&P GSCI Total Return ETN | 56,864 | 555,496 | 195.38% |
| AMJ | JPMorgan Alerian MLP ETN | 1,414,846 | 13,001,578 | 183.79% |
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.
