ETF Billion Dollar Club – August 2009

clubRon Rowland from  Invest With An Edge  reports his monthly ETF club results.  The size of the ETF Billion Dollar Club dropped to only 11 members, a -26% plunge from last month’s roster of 15.   Back after a short one-month absence is Direxion Daily Financial Bear 3x Shares (FAZ).  The five funds leaving the list are SPDR Gold Trust (GLD), iShares MSCI Brazil (EWZ), ProShares Ultra S&P500 (SSO), HOLDRS Oil Services (OIH), and iShares MSCI EAFE (EFA).

The 11 members of the ETF Billion Dollar Club are just 1.3% of the entire ETF and ETN population, yet they were responsible for 61% of the value traded in July.  This is vastly different from the other end of the spectrum, where the 142 names on the ETF Deathwatch list account for 16.6% of the ETF and ETN population while only generating a barely measurable 0.00046% of the value traded.

Trading activity in SPDR S&P 500 (SPY), the only member of the ETF Ten Billion Dollar Club, was down for the month but still managed to swamp everything else.  SPY had an Average Daily Value Traded (ADVT) of only $18.3 billion, its lowest level in more than two years.  However, it still accounted for 29.9% of the value traded in July.

Listed below are the 11 current members of the exclusive ETF Billion Dollar Club, those with an Average Daily Value Traded (ADVT) in excess of $1 billion during the most recent month.

ETF Billion Dollar Club – August 2009

Rank Ticker Name ADVT
1 SPY SPDR S&P 500 $18,272,706,560
2 QQQQ PowerShares QQQ $4,355,417,600
3 IWM iShares Russell 2000 $2,392,358,912
4 EEM iShares MSCI Emerging Markets $2,305,112,320
5 SDS ProShares UltraShort S&P500 $2,144,908,544
6 FAS Direxion Daily Financial Bull 3x Shares $1,632,582,144
7 FAZ Direxion Daily Financial Bear 3x Shares $1,502,560,256
8 XLF SPDR Select Sector Financial $1,447,902,336
9 SKF ProShares UltraShort Financials $1,122,035,840
10 DIA Dow Diamonds $1,078,492,288
11 XLE SPDR Select Sector Energy $1,052,389,312

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