At the end of August, ETFs attracted $94 billion in inflows, a little less than the $99 billion in inflows for the first eight months of 2012. IndexUniverse data reveals that September inflows already amount to over $20 billion.
Colas, though, warns that dividend ETFs may not relive its previous popularity.
“The wrinkle may be in dividend-oriented products because that’s an area that really hasn’t had a lot of favor this year,” Colas added. “And to the degree that banks are dividend plays, those might not see flows.”
For more information on ETF asset flows, visit our ETF performance reports article.
Max Chen contributed to this article.