The U.S. ETF industry increased its net inflows year-to-date in 2024 to a record $861.39 billion after gathering $120.58 billion in net inflows in October, according to ETFGI’s report for the tenth month of the year.
“The S&P 500 index fell by 0.91% in October but has risen 20.97% throughout 2024. The index of developed markets, excluding the U.S., dropped by 5.22% in October but increased by 6.65% in 2024,” commented Deborah Fuhr, managing partner, founder, and owner of ETFGI.
At the end of October, the U.S. ETF sector had 3,826 products, assets worth $9.98 trillion, from 348 providers listed on three exchanges.
Additionally, equity ETFs recorded net inflows of $62.36 billion in October, bringing year-to-date net inflows to $400.24 billion, significantly surpassing the $150.83 billion in net inflows during the same period in 2023.
On the fixed income side, ETFs recorded net inflows of $16.59 billion in October, raising year-to-date net inflows to $161.74 billion. These figures also exceed the $129.48 billion in year-to-date net inflows during the same period last year.
Commodities were no exception, as ETFs in this asset category recorded net inflows of $3.52 billion in October, bringing year-to-date net inflows to $3.51 billion, a stark contrast to the year-to-date net outflows of $9.21 billion as of October 2023.
Finally, the numbers continue to support the trend of active ETFs, which attracted net inflows of $32.7 billion during the month, bringing year-to-date net inflows to $239.37 billion, more than $100 billion above the $101.33 billion in net inflows during the same period in 2023.
For Fórmate a Fondo
For Gabriela Huerta