MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, July 10, 2019 26 Years, $4T Another two years, another $1 trillion in AUM. The U.S. ETF industry crossed the $4-trillion-AUM line last Friday, July 5, reports Todd Rosenbluth, head of ETF and mutual fund research at CFRA, citing ETF.com data. The milestone comes 26 and a half years after the launch of the U.S. industry's first (and biggest and most liquid) ETF, SPY ($272 billion and counting), and just two years after the industry crossed the $3-trillion-AUM line. Of the $4.02 trillion now held in U.S-domiciled ETFs, 57 percent of that AUM is in U.S. equity ETFs, while 19 percent is in fixed income ETFs. Worldwide ETF AUM reached $5.32 trillion at the end of May, according to ETFGI data, so U.S.-domiciled ETFs hold about 76 percent of industry AUM. Printed from: MFWire.com/story.asp?s=59941 Copyright 2019, InvestmentWires, Inc. All Rights Reserved |