Sumit Roy:  Another quiet week for commodity-related ETPs as a whole, but MOO continues to attract interest.

Despite steep gains in stock and commodity markets over the course of the week (Friday notwithstanding), commodity-related, exchange-traded products actually saw a small $43 million net outflow.

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As for individual sectors, agriculture saw the biggest inflow at $120 million, which is interesting considering that agriculture commodities were some of the worst performers. Industrial metals eked out a $19 million inflow.

Meanwhile, precious metals saw the biggest outflow at $95 million — also interesting given that gold and silver were some of the best performers of the week. Broad market (multi-commodity) and energy ETPs followed with $55 million and $31 million in outflows.

Agriculture’s outperformance was thanks once again to the Market Vectors Agribusiness ETF (NYSE:MOO), which received another $157 million of investor capital last week, taking its nine-week total to almost $1.4 billion.

SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:XOP), Energy Select Sector SPDR Fund (NYSE:XLE), Market Vectors Junior Gold Miners ETF (NYSE:GDXJ), and iPath Dow Jones-UBS Lead Subindex Total Return ETN (NYSE:LD) rounded out the top five on the creations list with $90 million, $63 million, $62 million and $30 million in inflows, respectively.

The redemptions list featured some heavyweights, including the SPDR Gold Trust (NYSE:GLD), United States Oil Fund (NYSE:USO) and the Market Vectors Gold Miners ETF (NYSE:GDX) with outflows of $116 million, $95 million and $94 million.

Direxion Daily Energy Bull 3x Shares (NYSE:ERX) took the No.4 spot with $53 million in outflows and iPath Dow Jones – UBS Commodity Index Total Return ETN (NYSE:DJP) was No.5 with $40 million in outflows.

Sugar ETPs took the top spots on the price performers list for last week. iPath Pure Beta Sugar ETN (NYSE:SGAR) gained 11.8 percent, while iPath Dow Jones- UBS Sugar Subindex Total Return ETN (NYSE:SGG) rose by 9.86 percent.

Global X Uranium ETF (NYSE:URA), Global X Gold Explorers ETF (NYSE:GLDX), and iShares MSCI ACWI ex-US Materials Sector Index Fund (NYSE:AXMT) took the Nos. 3, 4, and 5 spots respectively, with advances of 9.05 percent, 7.25 percent, and 7.11 percent.

Finally, cotton ETPs dominated the bottom price performers list. iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE:BAL) fell 7.29 percent, while iPath Pure Beta Cotton ETN (NYSE:CTNN) shed 5.59 percent.

The next three spots belonged to grains, as Teucrium Corn Fund (NYSE:CORN) dropped 5.23 percent. ELEMENTS MLCX Grains Index – Total Return ETN (NYSE:GRU) and iPath Dow Jones – UBS Grains Subindex Total Return ETN (NYSE:JJG) fell 5.1 percent and 4.09 percent, respectively.

Fund Flows Data: July 1 – July 7

Commodity ETF Weekly Flows By Asset Class

	Net Flows ($,mm)	AUM ($, mm)	% of AUM
Agriculture	119.74	13,342.30	0.90%
Broad Market	-54.93	16,056.22	-0.34%
Energy	-30.97	36,085.39	-0.09%
Industrial Metals	18.68	3,208.34	0.58%
Precious Metals	-95.14	94,819.75	-0.10%
Total:	-42.63	163,512.00	-0.03%

Top 5 Commodity ETF Creations

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
MOO	Market Vectors Agribusiness ETF	157.20	5,793.69	2.79%
XOP	SPDR S&P Oil & Gas Exploration & Production ETF	89.87	1,034.28	9.52%
XLE	Energy Select SPDR Fund	62.68	9,325.70	0.68%
GDXJ	Market Vectors Junior Gold Miners ETF	62.06	2,216.31	2.88%
LD	iPath Dow Jones-UBS Lead Subindex Total Return ETN	30.37	48.14	170.93%

Top 5 Commodity ETF Redemptions

Ticker	Name	Net Flows ($,mm)	AUM ($, mm)	AUM % Change
GLD	SPDR Gold Trust	-115.58	59,191.33	-0.19%
USO	United States Oil Fund	-95.01	1,416.43	-6.29%
GDX	Market Vectors Gold Miners ETF	-94.31	6,949.36	-1.34%
ERX	Direxion Daily Energy Bull 3x Shares	-53.42	385.92	-12.16%
DJP	iPath Dow Jones-UBS Commodity Index Total Return ETN	-40.34	3,060.20	-1.30%

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
SGAR	iPath Pure Beta Sugar ETN	11.80%	85,944	7.81
SGG	iPath Dow Jones-UBS Sugar Subindex Total Return ETN	9.86%	422,494	64.84
URA	Global X Uranium ETF	9.05%	1,126,387	238.64
GLDX	Global X Gold Explorers ETF	7.25%	312,069	25.82
AXMT	iShares MSCI ACWI ex-US Materials Sector Index Fund	7.11%	1,700	6.90

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

Ticker	Name	Weekly Performance	Weekly Volume	AUM ($, mm)
BAL	iPath Dow Jones-UBS Cotton Subindex Total Return ETN	-7.28%	426,431	48.40
CTNN	iPath Pure Beta Cotton ETN	-5.58%	12,450	5.52
CORN	Teucrium Corn Fund	-5.23%	2,056,200	121.95
GRU	ELEMENTS MLCX Grains Index – Total Return ETN	-5.10%	817,861	26.06
JJG	iPath Dow Jones UBS Grains Subindex Total Return ETN	-4.09%	1,941,417	284.80

Top 5 Volume Surprises, Funds >$50 mm AUM

Ticker	Name	Average Volume (30 Day)	1 Week Average Volume	% of Average
DGL	PowerShares DB Gold Fund	78,880	1,626,581	412.42%
JJM	iPath Dow Jones-UBS Industrial Metals Subindex Total Return ETN	17,504	251,651	287.53%
JJS	iPath Dow Jones-UBS Softs Subindex Total Return ETN	9,983	123,793	248.01%
DBB	PowerShares DB Base Metals Fund	164,575	2,020,742	245.57%
OIL	iPath S&P GSCI Crude Oil Total Return Index ETN	894,312	10,412,915	232.87%

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.

Written by Sumit Roy From Hard Assets Investor   

HardAssetsInvestor.com (HAI) is a research-oriented Web site devoted to sharing ideas about hard assets investing. The site has been developed as an educational resource for both individual and institutional investors interested in learning more about commodity equities, commodity futures and gold (the three major components of the hard assets marketplace). The site will focus on hard assets investing without endorsing or recommending any particular investment product.  

NYSE:MOO, NYSE:XLE, NYSE:XOP