S&P 500 ETFs gained popularity, dominating global equity flows

Financial Times April 2, 2024, 05:00 AM UTC

Summary: In 2023, S&P 500 ETFs attracted a record $137bn, comprising 27% of global equity ETF flows, up from 9% in 2022. The US market now holds 60.5% of global stock market capitalization, up from 28.6% in 1989. The S&P 500's strong performance led to increased demand. Despite SPY's recent outflows, S&P 500 ETFs still accounted for 20% of global equity ETF buying in early 2024.

Full article

Article metrics
Significance6.7
Scale9.0
Magnitude7.0
Potential8.0
Novelty6.0
Actionability8.0
Immediacy9.0
Positivity7.0
Credibility9.0

Also covered in: