Six weeks after topping a record for yearly inflows, exchange-traded funds in the U.S. have added another $100 billion U.S.
Investors have now poured $605 billion U.S. into the $6.8 trillion U.S. ETF industry in 2021, according to data compiled by Bloomberg Markets. The previous record for a full calendar year was $497 billion U.S. in 2020, which was surpassed by July of this year.
Investors have been generally keen to ride the broad market rebound from the pandemic that saw benchmark American equity gauges notch dozens of all-time-highs this year.
The biggest winner in the ETF investments is the Vanguard S&P 500 ETF, with $37.2 billion U.S. in new cash year-to-date. Second place is the Vanguard Total Stock Market ETF, with $28.7 billion U.S. of new money pouring into it.
The world’s largest ETF, the SPDR S&P 500 ETF Trust, is not near top of the leader board with just $8 billion U.S. in money added this year. But thanks to the rallying S&P 500 index, its assets surpassed $400 billion U.S. for the first time in August.
