For the week ending 08 April 2011, there were USD50.5m net inflows from STOXX Europe 600 sector ETFs. The largest sector ETF net inflows last week were in automobiles and parts with USD48.3m followed by oil and gas with USD46.4m net inflows while banks experienced net outflows of USD50.9m.
Year to date, STOXX Europe 600 sector ETFs have seen USD468.6m net inflows. Oil and gas has seen the largest net inflows with USD477.0m, followed by banks with USD387.1m net inflows while industrial goods and services experienced the largest net outflows with USD168.2m.
As of 08 April 2011, there is USD11.1bn AUM invested in the STOXX sector ETFs which is almost double the USD5.7bn open interest in the sector futures. The ETF AUM is greater than the open interest in the corresponding futures contract in 16 out of 19 sectors.