Summary of Q1 2019 ETF Flows and Trends¹
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Total US-listed ETF assets reached $3.81 trillion at the end of Q1 2019, a 10.3% year-over-year increase. Estimated net asset flows in Q1 2019 totaled $54 billion, a 31% drop from the prior four quarter average.
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Taxable Bond ETFs received the strongest estimated net inflows in Q1 2019, totaling $34 billion, bringing the category's year-over-year increase in total assets to over 20%. Municipal Bond ETFs received $1.1 billion in estimated net inflows in Q1 2019, increasing year-over-year assets by 26%.
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US Equity ETFs received the second highest estimated net inflows with $17 billion, bringing the category's year-over-year increase in total assets to 16%. The narrower Sector Equity ETFs category saw estimated net outflows of $5 billion, and was the only category with estimated net outflows in both Q4 2018 and Q1 2019.
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International Equity ETFs received $8 billion in estimated net inflows, although year-over-year assets in the category declined 3%, in light of negative performance.
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Commodities and Allocation ETFs had estimated net outflows of $0.7 billion and $1.0 billion, respectively, in Q1 2019.
¹ Source: Morningstar, as of 3/31/19. 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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Posted on Thursday, May 2, 2019 @ 9:01 AM
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