The four market cap-weighted S&P 500 Index-based ETFs gathered $22 billion in the first six months, despite U.S. large-cap equities falling into bear market territory and the S&P 500 Index ending June down 21%. While the SPDR S&P 500 ETF (SPY ) had $20 billion in net outflows, the Vanguard S&P 500 ETF (VOO ), the iShares Core S&P 500 ETF (IVV ), and the SPDR Portfolio S&P 500 ETF (SPLG) pulled in $26 billion, $14 billion, and $2.2 billion, respectively. Advisors and end clients continue to use these lower-cost, diversified ETFs to gain equity exposure while pulling more than $100 billion from domestic equity mutual funds, according to Investment Company Institute data. It was not just a tough year for equity investing. The Bloomberg Aggregate Bond index tracked by the iShares Core U.S. Aggregate Bond ETF (AGG ) was down 10% in the first half, which would have been the worst performance in its 45-year history had the year ended there. The Federal Reserve’s hiking of interest rates took a toll on many fixed income ETFs. Yet, rather than exit the ETF market and sit on the sidelines, fixed income-focused advisors and investors parked some cash in ultra-short bond ETFs, municipal bond funds, and elsewhere. Ultra-short-term bond ETFs, which provide downside protection against the current rising interest rate environment, gathered $25 billion in the first half of the year, pushing their combined asset base to $95 billion. While index-based products like the iShares Short Treasury ETF (SHV ), the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL ), and the iShares 0-3 Month Treasury Bond ETF (SGOV) gathered the majority of the assets directed to these low-risk bond ETFs, active funds like the JPMorgan Ultra-Short-Term Bond ETF (JPST), the PGIM Ultra Short Bond ETF (PULS), and the Vanguard Ultra-Short Bond ETF (VUSB) experienced strong demand. National municipal bond ETFs were also popular in the first half of 2022, gathering $12 billion. The iShares National Muni Bond ETF (MUB ) and the Vanguard Tax-Exempt Bond ETF (VTEB ) received $6.0 billion and $3.9 billion, respectively. This sub-category manages just $83 billion in assets, but advisors have been turning more to this space than they have in the past for fixed income.
Screen ETFs based on asset class, issuer, market cap, expense ratio, and more.
ETFs are tagged by the ETF Database staff with more than one type; e.g. “leveraged”, “government bond” and “bond”
Looking to add country specific exposure to your portfolio? Use our Country Exposure Tool!
Use our database tool to find ETFs issued by one of over 70 different issuers quickly and easily.
Each ETF has been classified into one best-fit ETF Database Category by the ETF Database staff.
ETFs that profit when the dollar advances against a basket of developed currencies are advancing...
Day Hagan Asset Management, in partnership with Ned Davis Research (NDR), a global provider of...
Simeon Hyman, global investment strategist at ProShares, understands that inflation is high, but...
For this episode of “ETF 360,” VettaFi’s head of research, Todd Rosenbluth, spoke with Nick...
For this episode of “ETF 360,” VettaFi’s head of research, Todd Rosenbluth,...
BlackRock has launched the iShares iBonds Dec 2032 Term Corporate ETF (NYSE Arca: IBDX), which...