We provide the latest news from the world of economics and finance
The global exchange traded fund industry garnered $31.42B of net new investor capital in April, according to ETFGI, a leading independent research and consultancy firm. The influx of cash brings the year-to-date ETF inflow total to $337.11B.
Additionally, April’s inflows mark the 35th consecutive month of positive flows.
From a year-to-date standpoint, the top ten ETF inflow leaders have combined to attract roughly $75B. Vanguard, the second largest asset manager, represents five of the top ten ETF inflow leaders in 2022, bringing in a combined $46.64B.
See below a breakdown of the top ten exchange traded fund flow leaders in 2022:
No. 10: Vanguard FTSE Developed Markets ETF (VEA) $4.27B.
No. 9: iShares Short Treasury Bond ETF (SHV) $4.79B.
No. 8: Direxion Daily Semiconductor Bull 3X Shares (SOXL) $4.89B.
No. 7: Schwab U.S. Dividend Equity ETF (SCHD) $5.28B.
No. 6: Vanguard Total Bond Market ETF (NASDAQ:BND) $5.45B.
No. 4: ProShares UltraPro QQQ (TQQQ) $7.07B.
No. 3: Vanguard Value ETF (VTV) $10.57B.
No. 2: Vanguard Total Stock Market ETF (NYSEARCA:VTI) $10.87B.
Year-to-date price action: VEA -16.8%, SHV -0.2%, SOXL -70.7%, SCHD -6.4%, BND -9.9%, GLD +1.8%, TQQQ -63.1%, VTV -6.1%, VTI -18.1%, and VOO -16.5%.
In related fund flow news, the five largest dividend exchange traded funds have attracted more than $12B in capital inflows together this year as investors flood to safety in the midst of market uncertainty.