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Event report: Women in ETFs: 'With every crisis, ETFs become stronger'

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根据妇女在ETFS会议的妇女署长,妇女妇女的妇女司令部,内容,内容,内容,HATESAGEMMENT.COM副主任(Diana Britton)的小组,对2020年的预测。

Despite an economic and market crisis caused in large part by the COVID-19 pandemic, 2020 was another banner year for exchange traded funds, which saw record inflows in the U.S. of $490 billion, up from the previous high of $468 billion in 2017, according to Deborah Fuhr, managing partner and founder of ETFGI, speaking at the virtual Women in ETFs conference this week. And while plain vanilla strategies certainly benefited, it was also a year in which investors used ETFs to make more tactical plays on the market.

ETF信徒

“随着每一个危机,ETF都变得更加强大,更强劲,并且有更多的资产,”韦尔斯法尔戈投资研究所的研究总监Mariana Bush说。“每次ETF都有更多的信徒。

FUHR表示,美国在ETF资产上以54.7万亿美元的价格结束,较年增加23.6%。大多数美国ETF流量在2020年进入股票基金,达到2.05亿美元,但1.760亿美元进入固定收益基金。在美国现在共有2,413种产品,在美国提供178个提供商。

Active ETFs also had a good year, with $69 billion in inflows, up from $25 billion in 2019.

Vanguard was the winner among plain vanilla providers, gaining 1.6% of market share, said Elisabeth Kashner, vice president and director of ETF research and analytics at FactSet. But there also was an increased demand for more tactical, active funds, with Cathie Wood’sARK投资成为一个顶级ETF发行人,截至2020年底,资产超过580亿美元。

“It was almost a schizophrenic type of a year, where the steady march of money into broad-based, cap-weighted, super-cheap, simple vanilla products continued, with none so strong as Vanguard,” Kashner said.

新的和流行的ETF

与此同时,普通的香草策略缺乏期望,并且对更多战术和专题基金的兴趣超出了刘易商的QQQ,这在缺席九年后回到了十大最受欢迎的ETF。SPDR Gold Shares ETF(GLD), which also came back into the top 10 after four years of absence, and ARK, Kashner said.

“在固定收益与黄金的利益之间,首次股票的整体流量低于50%的百分比,”克什纳说。

在2020年,还有一些新的ETF结构,包括活跃的非逻辑透明ETF。她说,现在有15个产品中有15个,截至今年年底的额外资产仅为10亿美元。

There was increased interest in thematic ETFs as well. Kashner counts 114 thematic ETFs that were available in the market in 2020, but only eight of those brought in flows over $1 billion, while 29 actually saw outflows or closed down.

她说:“她说:”这真的很容易专注于成功案例,“如从家里,远程医疗,体育博彩,可再生能源和航空公司。“有几十个和数十个,真正没有得到爱情。这是运气和时间的结合。“

This report from the virtual Women in ETFs conference from earlier this year originally appeared on our sister site, Wealthmanagement.comhere

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