Demand Hot For iShares ESG Funds

The iShares ESG MSCI U.S.A. ETF (ESGU) just became the latest environmental, social and governance (ESG) ETF to break $1 billion in assets under management (AUM). Month to date, ESGU has taken in $700 million, pushing the formerly average-sized fund from $296 million in AUM to $1.01 billion. On Sept. 10, the fund brought in $498 million alone, its largest one-day flow ever:   Source: ETF.com data. Data as of Sept. 12, 2019.   ESGU’s inflows place it in a billion-dollar category that counts only four other socially responsible ETFs…

Wealth/Stack 2019: Live Blog | ETF.com

8:50 AM: Last question. Time for the panelists’ ETF predictions for the next 12 months. Rosenbluth says he believes active equity ETFs will be the big gainers. Johnson says the overwhelming majority of flows will go into low-cost, boring, cap-weighted funds. Balchunas says you’ll see more ETF closures than launches. Kashner says we’ll see more downside protection products come to market. Hougan says we’ll see a meltdown in the active fixed income mutual fund market. Nadig says we’ll see increased focus on corporate governance from investors. 8:50 AM: Lydon brings…

ETF Of The Week: Sky High Shipping Fund

How do you explain a fund like the Breakwave Dry Bulk Shipping ETF (BDRY)? Week after week, this tiny shipping-ETF-that-could has vastly outperformed all other ETF challengers. Over the past month, BDRY is up 24.5%, more than any other ETF, while over the past three months, it’s risen a whopping 63%:   Chart courtesy of StockCharts.com   That’s the kind of performance story investors usually love, yet BDRY remains small and poorly traded, with just over $2 million in assets and barely $188,000 in average daily volume. Once you dig…

ETF Of The Week: Floating Rate Outflows

In a summer marked by investors fleeing to the safety of fixed income assets, the $1.7 billion WisdomTree Floating Rate Treasury Fund (USFR) has begun to bleed cash. Over the past week, USFR was the rare bond fund losing money. Since Aug. 21, it has lost $837 million in investment assets, as investors reposition their portfolios for falling interest rates.   Source: ETF.com Fund Flows Tool; data as of Aug. 29, 2019   Floating Rate Treasuries Good For Rising Rates Though investment dollars come and go, these are the first…

$1.5B Flows Into 2 TIPS ETFs

Over the past week, nervy investors have plowed almost $1.5 billion into two Treasury inflation-protected securities (TIPS) ETFs, the $8.1 billion Schwab U.S. TIPS ETF (SCHP) and the $6.8 billion Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). In the week ending Aug. 26, SCHP saw net new inflows of $973 million, more than any other ETF, while VTIP saw $507 million in new assets invested.   Source: ETF.com Fund Flows Tool; data as of Aug. 27, 2019    Meanwhile, the largest TIPS ETF, the $20.3 billion iShares TIPS Bond ETF (TIP),…