November ETF Stats: Small Step Back
Posted on December 12, 2011 at 07:00 AM EST
U.S. ETF assets declined slightly in November according to the latest data from the National Stock Exchange, as the rapidly-growing industry experienced net outflows amidst a general flight from both domestic and international equities. The industry finished last month with $1.06 trillion in net assets, down about 2% from the previous month but up 12% from the same period last year. The net decline in assets was attributable to domestic equity ETFs, which saw $7 billion in outflows, and international equities, which saw another $1.9 billion. Those big losses were offset by tremendous interest in commodities and bonds; fixed income ETFs raked in more than $5 billion in cash inflows, while exchange-traded commodity products captured almost $2.9 billion [see Ten Unexpected Observations In YTD Returns]. Four ETFs saw outflows of at least $1 billion on the month–all of them domestic equity funds. The S&P 500 SPDR (SPY) saw assets decline [...] Click here to read the original article on ETFdb.com. Related Posts: How ETF Investors Can Save $415 Million (Without Breaking A Sweat) Alternatives To The 20 Most Popular ETFs Ten Commandments Of ETF Investing Schwab Debuts Cheapest Ever Bond ETF (SCHZ) For ETF Investors, The Details Matter (Part II)
U.S. ETF assets declined slightly in November according to the latest data from the National Stock Exchange, as the rapidly-growing industry experienced net outflows amidst a general flight from both domestic and international equities. The industry finished last month with $1.06 trillion in net assets, down about 2% from the previous month but up 12% from the same period last year. The net decline in assets was attributable to domestic equity ETFs, which saw $7 billion in outflows, and international equities, which saw another $1.9 billion. Those big losses were offset by tremendous interest in commodities and bonds; fixed income ETFs raked in more than $5 billion in cash inflows, while exchange-traded commodity products captured almost $2.9 billion [see Ten Unexpected Observations In YTD Returns]. Four ETFs saw outflows of at least $1 billion on the month–all of them domestic equity funds. The S&P 500 SPDR (SPY) saw assets decline [...]

Click here to read the original article on ETFdb.com.

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