ETFs’ Fast Asset-Gathering Tempo Nears $100B YTD

HomeETFs

ETFs’ Fast Asset-Gathering Tempo Nears $100B YTD

Cinthia Murphy, Managing Editor, ETF.com


Cinthia Murphy, Managing Editor, ETF.com

Markets could also be roiled, however ETF traders proceed to steadily add contemporary {dollars} into U.S.-listed ETFs. To date this yr, the ETF asset-gathering tempo is about 10 instances that of final yr’s, with year-to-date internet inflows now nearing $100 billion—up from solely about $10 billion in internet creations by this time final yr.

Within the past week alone, the preferred ETF was the Invesco S&P 500 Low Volatility ETF (SPLV), which took in about $1.2 billion in internet new {dollars}. Investor urge for food for fairness publicity stays robust regardless of rising considerations in regards to the outlook for international markets within the face of a still-spreading coronavirus.

Different fairness funds main demand charts prior to now week included the Invesco QQQ Trust (QQQ) and the SPDR Portfolio S&P 500 ETF (SPLG).

In 2020, U.S. fairness ETFs have now attracted greater than $38 billion in internet creations, whereas international inventory ETFs have seen a robust $17 billion in internet inflows. Investor urge for food for danger belongings goes on unabated this yr.



nasdaq.com