Cinthia Murphy, Managing Editor, ETF.com
Cinthia Murphy, Managing Editor, ETF.com
The ETF market is beginning 2020 robust, attracting $51 billion in net creations in January—the strongest begin to the 12 months since $68 billion discovered its method into U.S.-listed ETFs two years in the past. The quantity additionally stands in stark distinction to asset flows this time final 12 months, when U.S.-listed ETFs truly bled belongings to begin 2019.
January noticed a number of parts spook markets throughout the board: coronavirus headlines, issues about geopolitical danger, and uncertainty linked to a presidential election 12 months within the U.S. Nonetheless, U.S. fairness ETFs gathered a web of $17.four billion final month, whereas worldwide fairness ETFs noticed web inflows of almost $12 billion. Spooked or not, traders have continued to place their cash to work within the ETF area.
The Vanguard Whole Inventory Market ETF (VTI) and the iShares Core MSCI EAFE ETF (IEFA) led the month’s checklist of prime gainers—each well-established, extremely liquid and broadly diversified portfolios.
Out of favor, nevertheless, had been small cap shares. The iShares Russell 2000 ETF (