The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:ETF Outflows Aren't as Historic as You Think Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 04, 2013

ETF Outflows Aren't as Historic as You Think

News summary by MFWire's editors

Reporters often write about records, but context can change the meaning of those records.

The Wall Street Journal's Chris Dieterich covered record ETF outflows in August, and is now offering some of that context to help readers understand what that record really means. Though August was the worst month in history for ETF outflows, at $17.5 billion compared to $17.1 billion in January 2010, but the number doesn't come close to a record when compared to overall assets in ETF, Dieterich writes.

The outflows accounted for 1.1 percent of ETF assets, as $1.5 trillion is held in ETFs, Dieterich writes, which is actually less of a chunk than 2.2 percent of the $800 billion in total ETF assets in 2010. Looking back further, Dieterich reports, the June 1994 outflow of $162 million accounted for 29 percent of the ETF industry's assets.

Dieterich also pointed to another important factor in the data. The bulk of last month's outflows came from the $136 billion State Street Bank & Trust [profile] SPDR S&P 500 ETF Trust lost $14 billion or 80 percent of total U.S. outflow.

To read more, click here.  

Edited by: Casey Quinlan

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use