ETFs with Surge in Traded Value

Here is a list of the top-10 ETFs that experienced the largest percentage increase in value traded for the week ending April 17, 2009.

To create the list, I first screened for ETFs and ETNs that had an Average Daily Value Traded (ADVT) of at least $1 million for the past 21 market days.  This includes only those products in the upper ETF Liquidity Tiers and represents approximately 45% of the universe of US-listed ETFs and ETNs.  This step eliminates many of the peculiarities associated with low volume securities.

Next, I compared the ADVT of the past week to the 50-day average to determine which ones had the largest spike in the past week – an indication of potential increased interest from investors and traders.

The table below shows the price change for the week along with the ratio of 5-day ADVT to 50-day ADVT expressed as a percentage increase.

Ticker	Name	1-week	ADVT Chg
ITF	iShares S&P/TOPIX 150	-0.1%	406%
JKL	iShares Morningstar Small Value	4.2%	266%
PIN	PowerShares India	-1.2%	266%
PXH	PowerShares FTSE RAFI Emerging Markets	1.0%	192%
JKI	iShares Morningstar Mid Value	3.2%	183%
IGN	iShares S&P N.A. Tech MMedia Networking	3.4%	172%
ELV	SPDR DJ Wilshire Large Cap Value	2.3%	169%
PHB	PowerShares High Yield Corp Bond	2.1%	147%
RFL	Rydex 2x S&P Financial	5.6%	145%
IWW	iShares Russell 3000 Value	1.9%	137%

 

Disclosure: no positions