ETFs
The 20 ETFs with the biggest inflows from May 2024
To paraphrase (or perhaps mutilate) an old Frank Sinatra songETFs were beaten down in April but hit a high in May.
Exchange-traded funds saw a total net inflow of $87.1 billion in May 2024, according to Morningstar Direct. This is more than double the funds paltry influx in April, and a new record: the best May ever recorded for ETFs. This new journey continues this year’s roller coaster ride for ETF investing, which increased significantly in Marchdecreased in April and then increased again in May.
These flows mirrored the performance of the stock market, which largely followed the same ups and downs. In May, American stocks had a very good month: the S&P 500 climbed 4.8%the Dow rose 2.3% and the Nasdaq jumped 7%.
Perhaps this is why US stocks have been by far the strongest fund category. Last month, ETFs focused on US stocks raked in a whopping $48.3 billion. Taxable bond ETFs, which took in $25.9 billion, came second – by a long way – followed by international stocks with $9.6 billion.
Which specific ETFs have benefited from this return? Scroll through the map below to see the 20 funds with the largest inflows in May 2024. All data comes from Morningstar Direct and is current as of June 4, 2024.
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