Energy exchange-traded products see the most investor interest in a very positive week, but alternative energy ETFs rally the most.
Inflows into energy helped total commodity-related exchange-traded fund flows register a big gain last week. The space saw $780 million of new capital, sending total assets to $171.9 billion.
Energy ETPs saw a sizable $692 in inflows, while the other sectors all saw much smaller gains. Precious metals, broad market (multi-commodity), agriculture, and industrial metals ETPs saw inflows of $60 million, $12 million, $9 million and $6 million, respectively.
Four out of the top five individual ETPs were energy-related. The Energy Select Sector SPDR Fund (NYSEARCA:XLE), SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP), Alerian MLP ETF (NYSEARCA:AMLP) and United States Oil Fund (NYSEARCA:USO) had inflows of $214 million, $188 million, $93 million and $72 million, respectively.
The iShares Gold Trust (NYSEARCA:IAU) was the only non-energy ETP to make the list, with an $89 million inflow.
On the other end of the spectrum, the Market Vectors Gold Miners ETF (NYSEARCA:GDX) topped the outflows leaderboard, with a $179 million outflow. The iPath Dow Jones – UBS Commodity Total Return ETN (NYSEARCA:DJP), Direxion Daily Energy Bull 3x (NYSEARCA:ERX), PowerShares DB Gold Double Long ETN (NYSEARCA:DGP) and ProShares Ultra Oil & Gas (NYSEARCA:DIG) followed, with outflows of $54 million, $22 million, $12 million and $11 million, respectively.
ETP Price Performance
Alternative energy ETPs were far and away the best performers in terms of price movements.
The Guggenheim Solar ETF (NYSEARCA:TAN) gained 17.5 percent, Market Vectors Solar Energy ETF (NYSEARCA:KWT) gained 15.6 percent and ELEMENTS Credit Suisse Global Warming ETN (NYSEARCA:GWO) gained 9.04 percent. The iShares S&P Global Clean Energy (NASDAQ:ICLN) and PowerShares WilderHill Clean Energy Portfolio Fund (NYSEARCA:PBW) gained 8.73 percent and 8.22 percent, respectively.
Meanwhile, gold miners fared poorly.
The Global X Gold Explorers ETF (NYSEARCA:GLDX) fell by 5.88 percent, while Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) fell by 5.63 percent and Market Vectors Gold Miners (GDX) dropped 3.86 percent.
Fund Flows Data: (February 3 - February 9)
Commodity ETF Weekly Flows By Asset Class
Net Flows |
|% of AUM|
Top 5 Commodity ETF Creations
Net Flows |
|AUM % Change|
|XLE||Energy Select SPDR||214.45||7,876.05||2.80%|
|XOP||SPDR S&P Oil & Gas Exploration & Production||187.78||1,144.11||19.64%|
|IAU||iShares Gold Trust||88.89||10,074.90||0.89%|
|USO||United States Oil||72.05||1,353.96||5.62%|
Top 5 Commodity ETF Redemptions
Net Flows |
|AUM % Change|
|GDX||Market Vectors Gold Miners||-179.33||9,056.10||-1.94%|
|DJP||iPath Dow Jones-UBS Commodity Total Return ETN||-53.59||2,585.57||-2.03%|
|ERX||Direxion Daily Energy Bull 3x||-21.94||378.16||-5.48%|
|DGP||PowerShares DB Gold Double Long ETN||-11.55||566.17||-2.00%|
|DIG||ProShares Ultra Oil & Gas||-11.19||274.34||-3.92%|
Top 5 Weekly Performers, Excluding <1,000 Shares Traded
|KWT||Market Vectors Solar Energy||15.60%||503,719||18.02|
|GWO||ELEMENTS Credit Suisse Global Warming ETN||9.04%||7,029||0.00|
|ICLN||iShares S&P Global Clean Energy||8.73%||80,975||38.41|
|PBW||PowerShares WilderHill Clean Energy Portfolio||8.22%||1,674,887||235.37|
Bottom 5 Weekly Performers, Excluding <1,000 Shares Traded
|GLDX||Global X Gold Explorers||-5.88%||138,970||30.05|
|GDXJ||Market Vectors Junior Gold Miners||-5.63%||13,431,702||2,475.88|
|BAL||iPath Dow Jones-UBS Cotton Total Return ETN||-4.72%||93,986||42.35|
|GDX||Market Vectors Gold Miners||-3.86%||56,743,075||9,056.10|
Top 5 Volume Surprises, Funds >$50 mm AUM
Average Volume |
|Weekly Volume||% of Average|
|RJA||ELEMENTS Rogers International Commodity - Agriculture Total Return ETN||384,236||3,389,937||176.45%|
|COW||iPath Dow Jones-UBS Livestock Total Return ETN||40,674||350,449||172.32%|
|MXI||iShares S&P Global Materials||83,957||693,912||165.30%|
|OIL||iPath S&P GSCI Crude Oil Total Return ETN||631,052||4,987,976||158.08%|
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.