For anybody wondering if the ETF industry is as hot as its ever been, consider the following numbers.
- U.S. listed ETFs saw inflows of $40.1 billion in January 2017. That's on top of the $61.5 billion that flowed into ETFs in December 2016.
- January's ETF net inflows were split relatively evenly between domestic equity ($15 billion), international equity ($12 billion) and fixed income ($12 billion).
- The Vanguard 500 Index Fund (VOO) was the biggest net beneficiary with inflows of $2.2 billion in January alone.
- Total ETF assets now sit at $2.64 trillion. The industry would need to average net inflows of about $33 billion per month for the remaining 11 months of 2017 to hit $3 trillion.
- Passively managed ETFs and mutual funds saw $504.8 billion of inflows in 2016. Conversely, actively managed funds saw net outflows of $340.1 billion.
- In 2016, Vanguard's actively managed funds saw more than $20 billion of net INFLOWS. Vanguard just can't seem to lose!
- 85% of flows into ETFs in 2016 went to funds with an expense ratio of 0.09% or less.
Comment below and let me know if you think we'll see ETFs hit $3 trillion in assets by the end of 2017.
If you enjoyed reading this article, please be sure to share it below and subscribe to the site so that you don't miss any updates or new stuff! As always, thank you for taking the time to read!
