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By Drew Voros

For a second-straight week, all commodity asset classes attract positive inflows.

Investors continued sending capital to commodity-related exchange-traded products this past week ending Thursday, even though precious metals such as gold and silver saw major price corrections.

Precious metals led the positive wave of inflows to all asset classes, with $588 million in new investments, followed by energy, with $348 million; broad market (multicommodity), with $207 million; industrial metals, with $109 million; and agriculture, with $42 million in inflows.

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

ETP Inflows/Outflows

Precious metals and energy funds populate the top inflows. The largest commodity ETF by assets, SPDR Gold (GLD), attracted $516 million in inflows, followed by PowerShares DB Commodity Tracking (DBC), PowerShares DB Oil (DBO), Alerian MLP (AMLP) and Energy Select SPDR (XLE), with inflows of $124 million, $118 million, $82 million and $71 million, respectively.

Precious metals and energy funds also dominate the top redemptions for the week. Market Vectors Oil Services (OIH) saw outflows of $186 million, followed by Market Vectors Gold Miners (GDX), SPDR S&P Metals and Mining (XME), SPDR S&P Oil & Gas Exploration & Production (XOP) and Market Vectors Junior Gold Miners (GDXJ) with outflows of $156 million, $52 million, $45 million and $16 million, respectively.

ETP Price Performance

Agricultural funds outperformed this week, with iPath Pure Beta Sugar ETN (SGAR) leading all commodity-related funds, with a gain of 4.58 percent. Teucrium Wheat (WEAT) rose 4.18 percent, followed by iPath Dow Jones-UBS Aluminum Total Return ETN (JJU), with a 4.11 percent increase; iShares MSCI ACWI ex-US Materials (AXMT), with a 3.9 percent gain; and PowerShares DB Base Metals (DBB), with a 3.62 percent rise.

The worst performers of the week were all energy funds, led by iPath Global Carbon ETN (GRN), with a loss of 10.84 percent, followed by United States Natural Gas (UNG), with a 10.53 percent decline; United States 12 Month Natural Gas (UNL), with an 8.64 percent loss; Teucrium Natural Gas Fund (NAGS), with an 8.57 percent fall; and Guggenheim Solar (TAN), with a 7.74 percent decline.

Fund Flows Data: (February 24 - March 1)

Commodity ETF Weekly Flows By Asset Class

Net Flows

($,mm)

AUM

($, mm)

% of AUM
Agriculture 41.69 11,346.26 0.37%
Broad Market 207.08 15,004.27 1.38%
Energy 347.61 34,217.34 1.02%
Industrial Metals 108.67 2,029.97 5.35%
Precious Metals 588.46 111,887.88 0.53%
Total: 1,293.50 174,485.72 0.74%

Top 5 Commodity ETF Creations

Ticker Name Net Flows

($,mm)

AUM

($, mm)

AUM % Change
GLD SPDR Gold 515.95 71,262.25 0.73%
DBC PowerShares DB Commodity Tracking 123.89 6,647.96 1.90%
DBO PowerShares DB Oil 118.44 777.82 17.96%
AMLP Alerian MLP 82.11 2,771.12 3.05%
XLE Energy Select SPDR 70.65 8,567.53 0.83%

Top 5 Commodity ETF Redemptions

Ticker Name Net Flows

($,mm)

AUM

($, mm)

AUM % Change
OIH Market Vectors Oil Services -185.65 1,066.29 -14.83%
GDX Market Vectors Gold Miners -156.36 8,926.78 -1.72%
XME SPDR S&P Metals and Mining -52.32 844.88 -5.83%
XOP SPDR S&P Oil & Gas Exploration & Production -44.92 980.58 -4.38%
GDXJ Market Vectors Junior Gold Miners -15.61 2,386.39 -0.65%

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

Ticker Name Weekly

Performance

Weekly Volume AUM

($, mm)

SGAR iPath Pure Beta Sugar ETN 4.58% 1,452 2.71
WEAT Teucrium Wheat 4.18% 21,876 2.16
JJU iPath Dow Jones-UBS Aluminum Total Return ETN 4.11% 10,810 5.88
AXMT iShares MSCI ACWI ex-US Materials 3.90% 2,720 2.95
DBB PowerShares DB Base Metals 3.62% 796,110 385.06

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

Ticker Name Weekly

Performance

Weekly Volume AUM

($, mm)

GRN iPath Global Carbon ETN -10.84% 4,746 1.50
UNG United States Natural Gas -10.53% 60,141,971 887.92
UNL United States 12 Month Natural Gas -8.64% 514,008 28.68
NAGS Teucrium Natural Gas Fund -8.57% 25,024 1.76
TAN Guggenheim Solar -7.74% 630,142 84.41

Top 5 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume

(30 Day)

Weekly Volume % of Average
JJT iPath Dow Jones-UBS Tin Total Return ETN 46,021 1,043,244 453.38%
GSP iPath S&P GSCI Total Return ETN 112,040 2,418,606 431.74%
JJM iPath Dow Jones-UBS Industrial Metals Total Return ETN 21,627 343,481 317.64%
PHO PowerShares Water Resources Portfolio 237,729 3,688,852 310.34%
RJN ELEMENTS Rogers International Commodity - Energy Total Return ETN 134,275 1,977,391 294.53%

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: Precious Metals Lead Continued Inflow