For the first time in nearly three years, ETFs suffered net outflows last month, breaking a $1.8-trillion streak.
U.S.-listed ETFs suffered an estimated $10.5 billion in net outflows in April 2022, their first outflows in 34 months, according to the latest State Street Global Advisors (SSGA
) Flash Flows
report by Matthew Bartolini
, head of SPDR Americas research. That's their longest inflows streak ever.
U.S. equities ETFs had their worst month ever, suffering $27 billion in April 2022, while bond ETFs brought in $7 billion in inflows. (The broader stock market shook, too; the S&P 500 fell more than 13 percent last month.)
Meanwhile, commodity ETFs brought in more than $2 billion, their fourth month in a row of more than $1 billion in inflows (a record for such ETFs). And smart beta ETFs brought in $11 billion in April 2022 inflows, their best month ever (with the majority of those inflows going into dividend strategies).
On the active side, ETFs brought in $5 billion in April 2022 inflows, their 24th month of inflows in a row.
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