Monthly ETF Fund Flows
June ETF Flows: SPY, BOND Both In Top 10
July 03, 2012
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U.S. investors kept pouring money into ETFs last month, as both equities and fixed income were in favor at a time of ongoing volatility surrounding the eurozone’s economic crisis. Overall, $13.11 billion flowed into ETFs, and total assets—including market movements—rose 3.7 percent to $1.179 trillion. The SPDR S&P 500 ETF (NYSEArca: SPY), the world’s biggest ETF, was the most popular fund in June, hauling in $3.60 billion, and ending the month with $103.73 billion in assets. Another broad equities fund, the Nasdaq 100-fouces PowerShares QQQ Trust (NasdaqGM: QQQ), was in the No. 2 slot, adding $1.40 billion and ending the month with almost $32 billion in assets. A number of bond funds and a gold ETF were also among the Top 10 ETFs in June, as investors rode out every twist and turn in the eurozone’s debt crisis, which created loads of volatility. Even though the quarter ended on a positive note, with policymakers giving off signs they were near a far-reaching agreement to rescue weaker EU members, the Dow Jones industrial average slid 2.5 percent in the whole quarter. That helps explain why bond ETF were popular in June, just as they were in May. The Pimco Total Return Bond ETF (NYSEArca: BOND), for example, was on IndexUniverse’s "Top Gainers" list for the second time in three months, gathering $495.5 million in June and bringing the $2 billion in assets threshold into focus. The four-month-old fund ended June with $1.72 billion. It was No. 10 on the creations list. Also, the SPDR Gold Shares (NYSEArca: GLD), the physical bullion ETF, attracted $502.2 million in fresh AUM, bringing assets in the world’s second-biggest ETF to $65.73 billion and providing another example of how investors are grappling with all the uncertainty coursing through the global economy. The iShares iBoxx $ Investment Grade Corporate Bond Fund (NYSEArca: LQD) and the Vanguard Short-Term Bond ETF (NYSEArca: BSV) were on the top 10 list, gathering $1.32 billion and $591.2 million in new assets, respectively. Top Gainers
Asset Classes
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