Record markets are giving investors the confidence to put record amounts of new money into U.S.-listed ETFs. After just seven months, annual inflows have broken the previous record, with potentially plenty of upside still to come.
Through the first seven months of the year, inflows have totaled $520.3 billion, eclipsing the full-year record of $507.4 billion set last year, as can be seen from the chart below:
A simple extrapolation of the current pace of inflows suggests investors could end up adding $891 million to U.S.-listed ETFs by the end of the year. Granted, there’s no guarantee the current pace will be maintained, but the number illustrates just how powerful this year’s stampede into ETFs has been.