June ETF Fund Flows: Fortress Vanguard

By Dave Nadig, Director of Exchange Traded Funds
05 July 2016 11:25 am

As we close the six months starting 2016, a clear picture of a shifting competitive landscape has emerged in the US ETF market: low cost continues to dominate.

The Big Picture

Overall, June was one of the stronger months of the year for ETF asset growth, with some $17 billion in net new money flowing into ETFs, putting year-to-date net flows at almost $65 billion – hardly on track for best year ever, but a substantial continuation of the ETF growth trend we’ve been seeing for the past decade.

From a macro perspective, the big winner for the month of June was fixed income, which, with $5.7 billion in net new...