That brought total ETF net inflows to $60 billion for the first five months of the year—a pace that could result in the sixth straight year of $100 billion or more in annual net inflows to U.S. ETFs, according to Strategic Insight, an Asset International company.
Bond ETFs were the only major category to post net inflows in May, drawing net nearly $8 billion. Equity ETFs saw an estimated $6 billion in net outflows, with both domestic and international equity products seeing net redemptions. Real estate and gold ETFs also saw significant net inflows.
At the end of May, U.S. ETF assets (including exchange-traded notes) stood at $1.13 trillion, down from $1.2 trillion at the end of April.