Despite a choppy month on Eurozone debt concerns, both stock and bond exchange traded funds saw positive flows in June. While ETF investors moved back into the equities market, fixed-income assets still remained a hot draw.
By the end of June, assets in U.S.-listed ETFs and exchange traded notes stood at $1.18 trillion, or 4% higher month-over-month and up 7% for the same month last year, according to the ETF Industry Association. [ETFs Gather Over $4 Billion in May as Bonds Favored]
Over the month, long fixed-income exchange traded products gained $4.8 billion, U.S. equity ETPs gathered $4.3 billion in assets, commodities attracted $1.3 billion and global/international equity funds added $1.2 billion.
So far year-to-date, the ETF universe has expanded by $75.91 billion in assets, with U.S. equity ETPs bringing in $22.7 billion, fixed-income funds adding $35.1 billion, global/international equity ETPs gaining $12.2 billion, real estate attracting $12.2 billion and commodities gathering $3.4 billion.
Among the big three, State Street saw $4.8 billion in new inflows, BlackRock’s iShares experienced $3.5 in new cash and Vanguard added $1.3 billion.
ETFs with the highest cash inflows in June include SPDR S&P 500 (NYSEArca: SPY) with $3.6 billion, PowerShares QQQ (NasdaqGM: QQQ) with $1.4 billion and iShares iBoxx Investment Grade Corporate Bond Fund (NYSEArca: LQD) with $1.3 billion.
In contrast, funds with the largest outflows over the month include Vanguard MSCI SmallCap (NYSEArca: VB) with -$965 million, iShares Barclays 1-3 Year Treasuries (NYSEArca: SHY) with -$650 million and iShares FTSE China 25 (NYSEArca: FXI) with -$568 million.
At the end of June, there were 1,476 U.S.-listed fund products, or 15% more than the 1,288 products at the same time last year.
For more information on ETF asset flows, visit our ETF performance category.
Max Chen contributed to this article.