Fixed income-based ETFs and ETNs drew the largest share of the $12.84 billion inflow, taking in $4.82 billion in June. U.S. equity-based ETFs and ETNs, however, were not far behind with $4.60 billion in inflows.
June’s most popular ETF was PowerShares QQQ, which received an estimated $1.40 billion. The iBoxx Inv Grade Corp Bond ETF from iShares and Vanguard’s MSCI Emerging Markets came in second and third, capturing $1.32 billion and $1.04 billion, respectively, in inflows for the month.
Assets in U.S.-listed ETFs and ETNs totaled $1.18 trillion at the end of June, up 7% from $1.11 trillion a year ago. The bulk of these assets were held in equity- and REIT-based ETFs, which totaled $839 billion, according to the data.
The ETF Association tallied a total of 1,476 U.S.-listed ETFs and ETNs at the end of June, a 15% increase from the 1,288 products listed a year ago.