“The stampede into U.S. equity ETFs since the election has been nothing short of breathtaking,” David Santschi, chief executive officer at TrimTabs, said in a statement. “The inflow since Election Day is equal to one and a half times the inflow of $61.5 billion in all of last year. One has to wonder who’s left to buy.”

December’s inflow has almost reached $43.4 billion, or on track to outpace the record monthly inflow in November.

While fixed-income assets took a backseat to stocks, fixed-income remained on record year-to-date pace, with record monthly flows in U.S. Treasury Inflation Protected Securities-related funds of $2.4 billion while conventional government Treasuries saw $2.0 billion in outflows on prospects of higher interest rates over November.

Meanwhile, broad emerging market equities and debt funds lost $3.2 billion and $3.3 billion over November, respectively, on a strengthening U.S. dollar and protectionist rhetoric.

Commodity funds also experienced sharp outflows, notably from a $4.5 billion redemption from gold funds.

For more information on ETF flows, visit our ETF performance reports category.