Of the Top Ten Funds In July, Seven Were ETFs

July was a notoriously troubled month for the markets, but not all exchange traded funds (ETFs) were suffering.

John Spence for MarketWatch notes that there were 708 U.S.-listed ETFs in July, with 24 managers at the helm, and $578 billion in assets, according to State Street. Sure, it’s dwarfed by mutual funds’ $12 trillion.

But don’t count ETFs out: of the 10 best-selling funds in July, seven of them were ETFs. Financial Research Corp. in Boston gave the results, according to monthly flow reports. It’s a good snapshot as to where investors were looking last month:

• SPDR S&P 500 (SPY)
• SPDR Gold Shares (GLD)
• iShares MSCI Emerging Markets (EEM)
• ProShares UltraShort Financials (SKF)
• iShares Russell 2000 (IWM)
• Energy Select Sector SPDR (XLE)
  
• iShares FTSE/Xinhua China 25 Index (FXI)