In terms of equities, about 3/4 of the U.S. Equity flows went into Large Cap ETFs, which have experienced considerable growth over the last year, said Schwab. Flows to global funds were dominated by Europe and Japan funds, “which together represented nearly half of the International flows.”
At the sector levels, Schwab clients embraced financial services, health care and mining ETFs. The firm said all sectors saw positive flows for the 12-month period ending Sept. 30.
Schwab Flows Data (charts courtesy of Charles Schwab)