The combined assets of the nation’s exchange-traded funds (ETFs) were $155.82 billion in January, according to the Investment Company Institute, the national association of the investment company industry. The Institute’s monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds.
Statistics contained in the Institute’s monthly ETF report have been obtained from information provided to ICI by exchange-traded funds. Trust-issued receipts, such as Holding Company Depository Receipts (HOLDRS), are not included in the report because they are not issued by registered investment companies.
Assets of all exchange-traded funds increased by $4.83 billion to $155.82 billion in January; the equity index ETF assets increased by $4.35 billion to $150.67 billion, while bond index ETF assets increased by $482 million to $5.15 billion. Assets of domestic equity ETFs increased by $1.87 billion, and international equity ETF assets increased by $2.48 billion.
During January, the value of all ETF shares issued exceeded that of shares redeemed by $1.92 billion. Equity index ETFs experienced a positive net issuance of $1.48 billion, while bond ETFs experienced a positive net issuance of $437 million. Gross issuance of all ETFs decreased in January to $11.79 billion from $24.42 billion in December, and redemptions decreased to $9.87 billion from $11.85 billion in December.
Eighty-five ETFs tracked domestic stock indexes in January and held assets of $134.21 billion. Forty-one ETFs tracked international equity indexes and held assets of $16.46 billion. And six ETFs tracked bond indexes.