ETF Trends
ETF Trends

The combined assets of U.S. exchange traded funds (ETFs) grew from $18.97 billion to $485.51 billion in May, according to the Investment Company Institute (ICI). An increase of 4.1% since April is a good indicator of the ETF industry’s success. Compared to year-over-year numbers, growth is at 44.8% or $150.27 billion. This year, ETFs have a net issuance of $26.44 billion, ETF Guide reports. The ETF industry is going strong, and its success will likely continue to grow.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.