Approximately $182 billion in new assets have flowed into US-listed exchange traded funds (ETFs) in 2017 as of May 19, according to ETF global research and advisory firm XTF. This puts overall assets in US-listed ETFs at approximately $2.9 trillion and, and is an all-time record for absolute flows from January 1 through May 19 based on XTF historical data since 2003.
And, while the lion’s share of new assets ($123 billion) into US-listed ETFs this year has flowed into equity funds, there has been $49 billion in fixed income fund flows. And, of the $182 billion in new flows, $24 billion went into ETFs based on smart beta indexes.
2017 Year-to-Date US-Listed ETF Asset Flows ($US Billion)
Source: XTF. As of May 19, 2017. Smart beta YTD ETF flows are across all asset classes.
Ken O’Keeffe, managing director & global head of ETPs, FTSE Russell, said:
“While the statistics from XTF detail US asset flows, we are seeing similar strong and growing interest globally in a wide array of index-based ETFs. Notably, we’re seeing growing interest in ETFs across asset classes. This year, in the US we have seen significant inflows in to ETFs tracking both equity and fixed income indexes. We have also seen growing interest in ETFs based on smart beta indexes.”
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