Commodity ETFs and taxable bond ETFs had some of the slowest times in over a year. Commodity ETFs lost $1.6 billion, while taxable bond funds saw a mere trickle of $1.2 billion, reports Morningstar.
Overall cash flows into ETFs has likely picked up assets from the mutual fund industry and from single-stock owners, reports Graves. [ETF Asset Growth Remains Strong in 2012]
ETF industry assets are still dwarfed by the size of the mutual fund industry. The proliferation into the 401(k) market and the ongoing move into active management with ETFs will help foster more growth in the business going forward. [ETF Spotlight: VWO]
Tisha Guerrero contributed to this article.