ICI.org -Washington, DC, – The estimated value of all exchange-traded fund¹ (ETF) shares issued exceeded that of shares redeemed by $1.36 billion for the week ended August 3, 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

		8/3/2016	7/27/2016	7/20/2016	7/13/2016	7/6/2016
Equity		1,970	4,985	4,475	17,492	3,411
	Domestic	1,429	4,090	2,190	16,055	5,471
	World	541	895	2,285	1,437	-2,060
Hybrid		17	16	18	28	-16
Bond		-1,542	1,231	565	5,375	6,079
	Taxable	-1,676	1,064	335	5,231	5,827
	Municipal	134	167	230	145	252
Commodity		913	-362	486	-268	2,158
Total		1,358	5,869	5,544	22,628	11,633

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 $1.97 billion for the week, compared to estimated net issuance of $4.99 billion in the previous week. Domestic equity ETFs had estimated net issuance of $1.43 billion, and world equity ETFs had estimated net issuance of $541 million.

Hybrid ETFs²—which can invest in stocks and fixed-income securities—had estimated net issuance of $17 million for the week, compared to estimated net issuance of $16 million in the previous week.

Bond ETFs² had estimated negative net issuance of $1.54 billion for the week, compared to estimated net issuance of $1.23 billion during the previous week. Taxable bond ETFs saw estimated negative net issuance of $1.68 billion, and municipal bond ETFs had estimated net issuance of $134 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 $913 million for the week, compared to estimated negative net issuance of $362 million during the previous week.