Globally traded funds raised more than $100B in investor capital in October, according to ETFGI, an independent research firm.
The global ETF network attracted $116.12B in October, bringing total revenue for the year to date reached $708.37B. Additionally, the total amount invested in global ETFs increased by 6.2%, reaching $8.87T at the end of October. This compared to the figure of $ 8.35T at the end of September.
The entry also showed 41St in a straight month of ETFs listed around the world.
Within the US, the 10 leaders who sold a single fund earned $41.84B and were led by the benchmark S&P 500 mirroring funds. The category of fixed-income ETFs also featured prominently. See below for details of the top 10 US ETF leaders in October:
No.10: SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) +$2.18B.
No. 9: iShares MBS ETF (MBB) +$2.24B.
No. 8: WisdomTree Floating Rate Treasury Fund (USFR) +$2.29B.
No. 7: Vanguard Total Stock Market ETF (NYSEARCA: VTI$3.10B.
No. 6: SPDR Bloomberg High Yield Bond ETF (JNK)+$3.14B
No. 5: Vanguard Tax-Exempt Bond ETF (VTEB) +$3.44B.
When. 4: Vanguard S&P 500 ETF (NYSEARCA: WOW) + $3.48B
No. 3: iShares iBoxx USD Investment Grade Corporate Bond ETF large fundsNYSEARCA: LQD) + $3.65B.
When. 2: iShares Core S&P 500 ETF (IVV) +$4.39B.
Number 1: SPDR S&P 500 ETF Trust large fundsNYSEARCA: SPY+ 13.93B.
In other ETF news, the investment group dumped more than $14B into the fund’s assets in the week ending Nov. 16.