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Summary of Q3 2017 ETF Flows and Trends¹
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Estimated net inflows for US-listed ETFs totaled $87 billion in Q3 2017, bringing total ETF assets to $3.17 trillion.
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Taxable Bond ETFs received the greatest level of estimated net inflows, totaling $31.5 billion in Q3, slightly less than the previous quarter. Estimated net inflows for Municipal Bond ETFs totaled $1.4 billion in Q3, nearly matching flows from Q2.
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International Equity ETFs received $24.7 billion in estimated net inflows in Q3, as flows decelerated from $57.0 billion in Q2. Year-to-date, the International Equity ETF category has received the greatest level of estimated net inflows, totaling $115 billion.
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Equity ETFs received $22.6 billion in estimated net inflows in Q3, accelerating from $15.3 billion in Q2, while sector equity ETFs received $5.5 billion in estimated net inflows, accelerating from $0.8 billion in Q2.
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Commodities ETFs (+$0.6 billion), Allocation ETFs (+0.5 billion), and Alternatives ETFs (+$0.4 billion) each received positive estimated net inflows in Q3, although estimated net inflows for each were weaker than Q2.
¹ Source: Morningstar, as of 9/30/17. Includes all US-listed exchange-traded funds, exchange-traded notes and other exchange-traded products. All net inflow and outflow numbers are estimates based on information provided by Morningstar.
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