In the last trading session, U.S. stocks were in green, brushing aside looming rising rate worries in the upcoming Fed meeting as the China-led global market rout ebbed a little. Among the top ETFs, investors saw SPY gain about 0.5%, DIA add over 0.6% and QQQ move higher by about 0.6% on the day.

Two more specialized ETFs are worth noting in particular though as both saw trading volume that was far outside of normal. In fact, both these funds experienced volume levels that were more than double their average for the most recent trading session. This could make these ETFs ones to watch out for in the days ahead to see if this trend of extra interest continues:

(USMV – ETF report): Volume 3.25 times average

This U.S. minimum volatility ETF was under the microscope yesterday as nearly 4.6 million shares moved hands. This compares to an average trading day of 1.41 million shares and came as USMV returned over 0.6% in the session.

The movement was to reflect investors’ rush toward low volatile products as global growth concerns and uncertainty about the outcome of the imminent Fed meet kept the risk-on trade sentiments at check. However, USMV was down about 5.8% in the past one-month period.

(GOVT – ETF report): Volume 3.12 times average

This intermediate-term U.S. Treasury bond ETF was in focus yesterday as roughly 790,000 shares moved hands compared to an average of roughly 253,000 shares. We also saw some stock price movement as shares of GOVT nudged up about 0.1% yesterday.

A notable plunge in yields in intermediate bonds led to the move. The fund has a Zacks ETF Rank #3 (Hold). However, for the month, GOVT is down about 0.4%.

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