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by Sumit Roy

Investors add to holdings of GLD, USO and UNG.

Investors added $317 million to exchange-traded commodity products this week. However, flows were mixed, as notable inflows into precious metals and energy ETPs offset minor outflows in the other sectors. Precious metals funds saw an inflow of $267 million, while energy funds accumulated $98 million. On the other hand, broad market (multicommodity), agriculture and industrial metals ETPs saw outflows of $26 million, $20 million and $1 million, respectively.

Assets under management in commodity-related exchange-traded products now total $165.4 billion.

ETP Inflows / Outflows

Taking a look at individual ETPs, unsurprisingly, precious metals and energy names were far and away the best performers.

SPDR Gold Trust (NYSE Arca: GLD), United States Oil Fund (NYSE Arca: USO), Alerian MLP (NYSE Arca: AMLP), United States Natural Gas Fund (NYSE Arca: UNG) and Market Vectors Junior Gold Miners ETF (NYSE Arca: GDXJ) had inflows of $162 million, $138 million, $59 million, $58 million and $57 million, respectively. Interestingly, the worst-performing funds this week were also a mix of precious metals and energy ETPs.

Market Vectors Oil Services (NYSE Arca: OIH), iShares Silver Trust (NYSE Arca: SLV), SPDR S&P Oil & Gas Exploration & Production (NYSE Arca: XOP), Market Vectors Gold Miners ETF (NYSE Arca: GDX) and SPDR S&P Metals and Mining ETF (NYSE Arca: XME) witnessed outflows of $210 million, $102 million, $28 million, $24 million and $21 million, respectively.

ETP Performance

Soft commodity ETPs focused on cocoa and cotton were the best price performers this week. The iPath Dow Jones-UBS Cocoa Total Return ETN (NYSE Arca: NIB), iPath Pure Beta Cocoa ETN (NYSE Arca: CHOC) and iPath Pure Beta Cotton ETN (NYSE Arca: CTNN) rose 10.02 percent, 9.6 percent and 5.22 percent, respectively.

United States Metals Index (NYSE Arca: USMI) and Elements MLCX Biofuels Total Return ETN (NYSE Arca: FUE) rounded out the top five, with advances of 4.45 percent and 3.77 percent, respectively.

On the flip side, solar energy funds were the worst performers this week.

Market Vectors Solar Energy (NYSE Arca: KWT), Guggenheim Solar (NYSE Arca: TAN) and iPath Global Carbon ETN (NYSE Arca: GRN) fell by 9.47 percent, 9.24 percent and 8.52 percent, respectively. EGShares Emerging Markets Metals & Mining ETF (NYSE Arca: EMT) and First Trust ISE Global Platinum (NYSE Arca: PLTM) took the Nos. 4 and 5 spots, with losses of 7.33 percent and 6.94 percent, respectively.

Fund Flows Data: (August 24 - August 30, 2012)

Commodity ETF Weekly Flows By Sector

Net Flows
($,mm)
AUM
($, mm)
% of AUM
Agriculture -19.51 10,378.87 -0.19%
Broad Market -26.45 13,583.12 -0.19%
Energy 97.91 33,440.00 0.29%
Industrial Metals -1.45 1,299.97 -0.11%
Precious Metals 266.53 106,680.48 0.25%
Total: 317.04 165,382.43 0.19%

Top 5 Commodity ETF Creations

Ticker Name Net Flows
($,mm)
AUM
($, mm)
AUM % Change
GLD SPDR Gold 161.75 68,818.49 0.24%
USO United States Oil 137.98 1,289.02 11.99%
AMLP Alerian MLP 58.59 3,952.26 1.50%
UNG United States Natural Gas 57.50 1,189.54 5.08%
GDXJ Market Vectors Junior Gold Miners 56.67 2,461.19 2.36%

Top 5 Commodity ETF Redemptions

Ticker Name Net Flows
($,mm)
AUM
($, mm)
AUM % Change
OIH Market Vectors Oil Services -209.56 1,016.99 -17.09%
SLV iShares Silver Trust -102.49 9,529.48 -1.06%
XOP SPDR S&P Oil & Gas Exploration & Production -27.79 885.37 -3.04%
GDX Market Vectors Gold Miners -23.76 8,192.11 -0.29%
XME SPDR S&P Metals and Mining -20.64 670.92 -2.98%

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

Ticker Name Weekly
Performance
Weekly Volume AUM
($, mm)
NIB iPath Dow Jones-UBS Cocoa Total Return ETN 10.02% 384,001 44.96
CHOC iPath Pure Beta Cocoa ETN 9.60% 36,383 5.19
CTNN iPath Pure Beta Cotton ETN 5.22% 4,100 1.16
USMI United States Metals Index 4.45% 3,825 2.51
FUE ELEMENTS MLCX Biofuels Total Return ETN 3.77% 1,950 2.06

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

Ticker Name Weekly
Performance
Weekly Volume AUM
($, mm)
KWT Market Vectors Solar Energy -9.47% 10,857 10.87
TAN Guggenheim Solar -9.24% 154,749 42.55
GRN iPath Global Carbon ETN -8.52% 1,864 1.24
EMT EGShares Emerging Markets Metals & Mining -7.33% 19,146 11.40
PLTM First Trust ISE Global Platinum -6.94% 35,003 7.35

Top 5 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)
Weekly Volume % of Average
PXJ PowerShares Dynamic Oil & Gas Services 83,933 1,825,755 435.05%
LIT Global X Lithium 27,906 387,567 277.77%
GRES IQ Global Resources 13,445 137,298 204.23%
AGOL ETFS Physical Asian Gold 306 2,598 169.95%
DBP PowerShares DB Precious Metals 97,153 745,215 153.41%

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: Precious Metals, Energy See Inflows And Cocoa, Cotton ETPs Surge