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Surging commodity prices attracted more than $1.7 billion into commodity-related exchange-traded products this past week (ending Thursday) bringing the sector total to more than $176.6 billion.

Energy, as it has for the past several weeks, led all assets classes with $1.17 billion of inflows, followed by precious metals with $464 million, board market (multicommodity) with $140 million, agriculture with $39 million and industrial metals also came in with positive inflows of $9 million.

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

ETP Inflows/Outflows

Energy Select Sector SPDR Fund (NYSEARCA:XLE) led all funds with more than $581 million in inflows, followed by Market Vectors Oil Services (NYSEARCA:OIH), United States Oil (NYSEARCA:USO), iShares Silver (NYSEARCA:SLV) and Market Vectors Gold Minters (NYSEARCA:GDX) with inflows of $176 million, $135 million, $112 million and $94 million, respectively.

An energy fund also led redemptions. Direxion Daily Energy Bull 3X (NYSEARCA:ERX) saw $52 million in outflows followed by iPath Dow Jones-UBS Commodity Total Return ETN (NYSEARCA:DJP), Market Vectors Agribusiness (NYSEARCA:MOO), ProShares Ultra DJ-UBS Crude Oil (NYSEARCA:UCO) and Market Vectors Junior Gold Miners (NYSEARCA:GDXJ) with outflows of $24 million, $21 million, $18 million and $14 million.

ETP Price Performance

Rebounding natural gas prices helped iPath Dow Jones-UBS Natural Gas Total Return ETN (NYSEARCA:GAZ) outperform all commodity funds with a gain of 14.7 percent for the week, followed by iPath Global Carbon ETN (NYSEARCA:GRN), Global X Uranium (NYSEARCA:URA), ETRACS CMCI Long Platinum Total Return ETN (NYSEARCA:PTM) and Market Vectors Junior Gold Miners (GDXJ) with increases of 11.34 percent, 10.52 percent, 7.59 percent and 7.1 percent respectively.

The week’s worst performers came from across all commodity assets classes, led by iPath Pure Beta Nickel ETN (NYSEARCA:NINI) with a fall of 6.82 percent. That was followed by PowerShares DB Base Metals Long ETN (NYSEARCA:BDG), iPath Dow Jones-UBS Cotton Total Return ETN (NYSEARCA:BAL), iShares MSCI ACWI ex-US Material (NYSEARCA:AXMT) and Market Vectors Solar Energy (NYSEARCA:KWT) with declines of 4.69 percent, 6.61 percent, 2.98 percent and 2.95 percent respectively.

Fund Flows Data: (February 17 - February 23)

Commodity ETF Weekly Flows By Asset Class

Net Flows

($,mm)

AUM

($, mm)

% of AUM
Agriculture -38.55 11,239.98 -0.34%
Broad Market 140.13 14,665.02 0.96%
Energy 1,177.46 34,132.12 3.45%
Industrial Metals -8.71 1,922.01 -0.45%
Precious Metals 463.88 114,723.15 0.40%
Total: 1,734.20 176,682.27 0.98%

Top 5 Commodity ETF Creations

Ticker Name Net Flows

($,mm)

AUM

($, mm)

AUM % Change
XLE Energy Select SPDR 581.39 8,591.86 7.26%
OIH Market Vectors Oil Services 175.96 1,360.97 14.85%
USO United States Oil 134.95 1,571.75 9.39%
SLV iShares Silver 112.24 10,764.22 1.05%
GDX Market Vectors Gold Miners 93.60 9,337.45 1.01%

Top 5 Commodity ETF Redemptions

Ticker Name Net Flows

($,mm)

AUM

($, mm)

AUM % Change
ERX Direxion Daily Energy Bull 3x -52.25 373.76 -12.27%
DJP iPath Dow Jones-UBS Commodity Total Return ETN -24.35 2,509.30 -0.96%
MOO Market Vectors Agribusiness -21.22 6,126.29 -0.35%
UCO ProShares Ultra DJ-UBS Crude Oil -17.82 316.22 -5.34%
GDXJ Market Vectors Junior Gold Miners -14.07 2,497.79 -0.56%

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

Ticker Name Weekly

Performance

Weekly Volume AUM

($, mm)

GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN 14.70% 7,690,792 47.71
GRN iPath Global Carbon ETN 11.34% 5,465 1.50
URA Global X Uranium 10.52% 2,822,805 204.31
PTM ETRACS CMCI Long Platinum Total Return ETN 7.59% 234,486 43.66
GDXJ Market Vectors Junior Gold Miners 7.10% 15,529,986 2,497.79

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

Ticker Name Weekly

Performance

Weekly Volume AUM

($, mm)

NINI iPath Pure Beta Nickel ETN -6.82% 1,455 1.51
BDG PowerShares DB Base Metals Long ETN -4.69% 2,220 1.57
BAL iPath Dow Jones-UBS Cotton Total Return ETN -4.61% 76,570 40.78
AXMT iShares MSCI ACWI ex-US Materials -2.98% 3,000 2.94
KWT Market Vectors Solar Energy -2.95% 683,991 15.76

Top 5 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume

(30 Day)

Weekly Volume % of Average
MLPN Credit Suisse Cushing 30 MLP ETN 98,277 1,738,376 353.77%
UGA United States Gasoline 88,713 1,262,965 284.73%
AGOL ETFS Physical Asian Gold 190 2,189 229.90%
RJN ELEMENTS Rogers International Commodity - Energy Total Return ETN 86,082 919,688 213.68%
RJI ELEMENTS Rogers International Commodity - Total Return ETN 431,126 4,302,900 199.61%

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 ETFs: Energy Leads Huge Inflows