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.
Article metrics
Significance6.7
Scale & Impact0.0
Positivity7.0
Credibility9.0
What is this?
This is article metrics. Combined, they form a significance score, that indicates how important the news is on a scale from 0 to 10.
We analyze up to 10,000 news articles daily and find the most significant world news.
Read more about how we calculate significance, or see today's top rated news on the main page:
See today's news rankings