The ETF flowdown: 2023 is back on pace to be a solid year
Publishing timestamp: 2023-12-15 17:55:52
Summary
The article discusses the performance and trends in the ETF market. It mentions that despite a slow start to the year, the record number of product launches and a strong November have put 2023 on track to be a solid year for ETFs. It highlights the flows into ETFs mimicking money market funds, as well as the popularity of actively managed ETFs and short-term bond ETFs. The article also discusses the potential for money market flows to return to equities, the shift towards dividend and high-yield equity ETFs, and the interest in equal-weight gauges of the S&P 500. It concludes by mentioning the anticipation for the approval of a bitcoin ETF and the potential impact on the ETF space.
Sentiment: NEUTRAL
Tickers: JNK, HYG, RSP, SJNK, COWZ,
Keywords: ishares iboxx $ high yield corporate bond etf, invesco s&p 500 eql wght etf, investment strategy, stock markets, exchange-traded funds, markets, business news,
Source: https://www.cnbc.com/2023/12/15/the-etf-flowdown-2023-is-back-on-pace-to-be-a-solid-year.html