ETFs
The 20 ETFs with the largest capital outflows in June 2024
June 2024 marked the end of a record six months for ETFs, but not all funds were carried by the rising tide. In fact, some even sank.
U.S. exchange-traded funds rose last month net inflow of $82.4 billionThis brings total revenue for the first six months of 2024 to $413 billion, the largest half-year since 2021.
But despite the boom, some funds have been left behind. June was a much better month for stocks than it was for bonds. Demand for artificial intelligence and semiconductors propelled stocks higher, sending the S&P 500 up 3.5% and the tech-heavy Nasdaq up 6%.
Bonds, meanwhile, have faced greater challenges. In December, the Fed indicated that it expected cut interest rates three times in 2024. This would have been great news for the bond market, but so far the cuts did not materializeIn June, six of the 20 ETFs with the largest outflows were bond ETFs.
Which specific funds lost investors the most money? Scroll through the map below to see the 20 ETFs that saw the biggest outflows in June 2020. All data is from Morningstar Direct and is current as of July 3, 2024.
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