Record-Shattering Flows Into Stock ETFs Leave Bond Funds in Dust
- Unprecedented $81 billion poured into equity ETFs in November
- Vaccine progress fueled best-ever month for many stock gauges
This article is for subscribers only.
Equity exchange-traded funds have overtaken their fixed-income peers for inflows this year thanks to November’s epic stock rally.
After lagging bond funds for most of 2020, ETFs tracking equities lured a record $81 billion last month, bringing their total haul for the year to $196 billion, according to data compiled by Bloomberg. That catapulted them ahead of fixed-income funds, which attracted $17 billion and have a tally of $192 billion.