2020 Was a Record Year for ETF Records
Record flows, launches, and closures were among the major milestones.
Record flows, launches, and closures were among the major milestones.
Global stock markets put an exclamation point at the end of a remarkable year in December. The Morningstar Global Markets Index--a broad gauge of global equities--gained 4.86% during the month and ended the year 16.07% higher than where it began. After favoring bond exchange-traded funds for most of the year, investors jumped on the equity ETF bandwagon in the final two months of 2020. While the $44.8 billion that investors allocated to stock ETFs in December was sharply lower than November’s record $81.8 billion, it marked the sixth-largest monthly inflow ever into this group. When the books closed on 2020, ETFs had taken in a record $499 billion in net flows and held just under $5.5 trillion of investors’ money.
Ben Johnson has a position in the following securities mentioned above: IJH, IJR. Find out about Morningstar’s editorial policies.