The ever growing ETF universe just hit another major milestone, crossing over the $4 trillion threshold of assets under management, and the growth does not seem to be slowing any time soon.
According to ETFdb data, there are 2,286 U.S.-listed exchange traded products with a little over $4 trillion in assets under management after attracting year-to-date net inflows of $125 billion.
Fueling the growth in the ETF industry, U.S. markets have been pushing toward all-time highs, with the Dow Jones industrial Average closing above 27,000 for the first time ever on Thursday. Investors have turned risk-on and jumped into the equity markets in response to growing bets the Federal Reserve would cut interest rates at its upcoming July meeting to support growth. Meanwhile, lingering concerns over the U.S.-China trade war are starting to wane as both sides renew talks.
Among the most popular ETF plays of the year, the Vanguard 500 Index (NYSEARCA: VOO) pulled in $9.3 billion in net inflows. The Vanguard Total Stock Market ETF (NYSEArca: VTI) was also another popular U.S. equity play, bringing in $5.2 billion in inflows. Additionally, the iShares Edge MSCI Minimum Volatility USA ETF (USMV), a low-volatility strategy that seeks to mitigate downside risk, saw $6.5 billion in inflows.
International stocks also attracted a lot of attention this year as investors sought to diversify their investment portfolios. The iShares Core MSCI EAFE ETF (IEFA) attracted $7.1 billion in net inflows so far in 2019 while the iShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG) added $5.4 billion.
Investors flocked to bond ETFs as rates pulled back and the Federal Reserve hinted at a looser monetary policy ahead. Year-to-date, the iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) saw $5.8 billion in net inflows, iShares U.S. Treasury Bond ETF (BATS: GOVT) added $4.6 billion and iShares iBoxx $ High Yield Corporate Bond ETF (HYG) brought in $4.5 billion.
For more information on the ETF industry, visit our ETF performance reports category.