U.S. Stock ETFs Favored in November

Exchange-traded funds gained $10.3 billion in November, pushing year-to-date inflows to $95.6 billion, according to data from Morningstar.

Total industry assets are up to $951.5 billion, the report showed. U.S. stock ETFs, with inflows of $7.9 billion, topped all ETF asset classes in November, followed by international-stock ETFs with weaker, yet positive flows of $2.3 billion as a result of renewed sovereign credit fears in Europe and a stronger U.S. dollar, according to a press release.   

Vanguard collected $6.3 billion of the $10.3 billion assets added industrywide in November. The firm’s ETF assets rose more than 62% over the last 12 months, allowing it to capture nearly 15% of the market share.   

After recording inflows during every month this year, taxable-bond ETFs saw outflows of $660 million in November.   

Silver ETFs continued to see healthy inflows. Investors looking to increase their commodities allocations may see silver, which has seen price appreciation of 65% year to date, as a good alternative to gold, which has gained 26% over the same period.