The November exchange traded fund (ETFs) performance reviews are in, and it’s two thumbs up all around. The National Stock Exchange reports that the net cash flow into U.S. listed ETFs at the end of last month totaled $108.1 billion year-to-date. That’s up a whopping 74% from the same period in 2006.
Assets also rose by 39% from the same period last year, to $586.2 billion. Trading volume totaled $2 trillion, which represents about 30% of the total U.S. cash equity. The monthly statistics include shares of open-end exchange-traded products, including exchange traded notes (ETNs), grantor trusts and commodity pools.
The full report can be viewed here.
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.