The NYSE has been reporting on the continued rise of ETFs following the shut of Q3. Issues are appr
The NYSE has been reporting on the continued rise of ETFs following the shut of Q3. Issues are approaching $5 trillion in belongings beneath administration (AUM). ETF Developments CEO, Tom Lydon, hopped on CNBC’s “ETF Edge,” with host Bob Pisani to debate the rising ETF universe, how the flows are trying, the elevated pivot in the direction of lively non-transparent funds, and different areas which have caught out particularly through the first three-quarters of 2020.
Lydon shares comparable reward, noting the way it’s been an excellent yr for mounted revenue. low charges, extra traders and advisors are pushing into company and excessive yield bond ETFs, which has been enormous at $175 billion. On the fairness facet, the message has historically revolved round low-cost beta methods. Nevertheless, there’s been a significant shift to know-how weighted indexes like QQQ, but in addition thematic methods, which have gone via the roof (the WFH fund involves thoughts).
Asset Courses (Yr-to-Date)
| Internet Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Fairness | 93,967.30 | 2,762,336.45 | 3.40% |
| Worldwide Fairness | 20,351.87 | 898,660.16 | 2.26% |
| U.S. Mounted Revenue | 157,055.51 | 938,419.54 | 16.74% |
| Worldwide Mounted Revenue | 15,775.93 | 112,127.42 | 14.07% |
| Commodities | 46,863.07 | 149,577.42 | 31.33% |
| Foreign money | 641.15 | 1,960.00 | 32.71% |
| Leveraged | 2,105.79 | 40,773.00 | 5.16% |
| Inverse | 13,560.81 | 13,321.61 | 101.80% |
| Asset Allocation | 2,201.10 | 12,310.14 | 17.88% |
| Alternate options | 125.97 | 5,379.26 | 2.34% |
| Complete: | 352,648.50 | 4,934,865.00 | 7.15% |
Many corporations within the mutual fund house are actually getting in with the ETF enterprise.
Lydon states, “Sure, lively launches have been notable as massive fund corporations like T. Rowe Value and American Century are providing lively non-transparent ETFs. Some lively managers are additionally displaying their power, like ARK Make investments, that has moved from $Three billion to $12 billion within the final yr.”
Watch Tom Lydon Discuss Latest ETF Developments On ETF Edge:
For extra market developments, go to ETF Developments.
Learn extra on ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.