The Markets March 8, 2011

ETF Assets at $1T

February flows for exchange-traded funds (ETFs) topped $6 billion—the sixth consecutive month of positive flows, reports State Street Global Advisors (SSgA).
Reported by

At month-end, 985 ETFs with assets totaling approximately $1 trillion were managed by 34 ETF managers. ETF industry assets rose $34.9 billion for the month, up 3.5%.

According to the SSgA report, International – Developed and Energy had the most inflows with $3.7 billion and $2.5 billion, respectively. International – Emerging had the most outflows, losing $5.3 billion —its second consecutive month of negative flows.

Meanwhile, the top three managers in the U.S. ETF marketplace were BlackRock, State Street, and Vanguard. Collectively, they account for approximately 83% of the U.S.-listed ETF market.

The top three ETFs in terms of dollar volume traded for the month were the SPDR S&P 500 [SPY], iShares Russell 2000 [IWM], and iShares MSCI Emerging Markets [EEM].  The top three ETFs in terms of assets for the month were the SPDR S&P 500 [SPY], SPDR Gold Shares [GLD], and Vanguard Emerging Markets [VWO].

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