ICI.org – Washington, DC – The estimated value of all exchange-traded fund¹ (ETF) shares issued exceeded that of shares redeemed by $11.98 billion for the week ended September 28, 2016, the Investment Company Institute reported today. In addition to this report, ICI will also be publishing long-term mutual fund flows and a report that combines data for ETFs and mutual funds, available on the ICI website.

 

ETF Estimated Net Issuance Millions of dollars

		9/28/2016	9/21/2016	9/14/2016	9/7/2016	8/31/2016
Equity		8,784	-1,731	1,487	3,414	4,599
	Domestic	10,106	-775	157	2,487	3,653
	World	-1,322	-956	1,331	927	946
Hybrid		39	20	31	28	30
Bond		2,827	3,596	-2,417	630	1,137
	Taxable	2,764	3,471	-2,539	849	1,011
	Municipal	63	125	121	-219	126
Commodity		325	533	-898	458	-601
Total		11,975	2,419	-1,797	4,530	5,166

Note: Components may not add to the total because of rounding. Includes funds not registered under the Investment Company Act of 1940.

Equity ETFs² had estimated net issuance of $8.78 billion for the week, compared to estimated negative net issuance of $1.73 billion in the previous week. Domestic equity ETFs had estimated net issuance of $10.11 billion, and world equity ETFs had estimated negative net issuance of $1.32 billion.

Hybrid ETFs²—which can invest in stocks and fixed-income securities—had estimated net issuance of $39 million for the week, compared to estimated net issuance of $20 million in the previous week.

Bond ETFs² had estimated net issuance of $2.83 billion for the week, compared to estimated net issuance of $3.60 billion during the previous week. Taxable bond ETFs saw estimated net issuance of $2.76 billion, and municipal bond ETFs had estimated net issuance of $63 million.

Commodity ETFs²—which are ETFs (both registered and not registered under the Investment Company Act of 1940) that invest primarily in commodities, currencies, and futures—had estimated net issuance of $325 million for the week, compared to estimated net issuance of $533 million during the previous week.