We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you accept our Privacy Policy and Terms of Service, revised from time to time, and you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Wall Street was on a topsy-turvy ride in the month of November. While the start of the month was decent, renewed virus scare and lockdowns weighed on the broader market at the end. Overall, the S&P 500, the Dow Jones, the Nasdaq and the Russell 2000 lost about 1.4%, 4.4%, 0.7% and 6.9%, respectively, past month.
COVID-19 lockdowns in Europe in late November stirred up fears of further spread of infections. While this raised chances of another wave of COVID-19 in other parts of the world, the finding of a new COVID-19 variant, namely Omicron, led to a massive crash in Wall Street at month-end.
Meanwhile, the Fed has started QE tapering from November and corporate earnings came in upbeat. Holiday sales are forecast to be solid in 2021. Retail sales for the month of October were strong. Inflation data too were high due to supply-chain issues. Oil prices staged a rally in November on the prospect of higher demand but nosedived in the Thanksgiving week along with Wall Street on Omicron fears.
Against this backdrop, below we highlight the ETFs that attracted maximum assets from Nov 1 to Nov 29.
S&P 500 & Total Market Win
iShares Core S&P 500 ETF (IVV - Free Report) ,Vanguard S&P 500 ETF (VOO - Free Report) and Vanguard Total Stock Market ETF (VTI - Free Report) amassed about $3.80 billion and $3.56 billion in assets in November. The broader market was mostly upbeat, apart from the Omicron-induced market crash at month-end.
Quality ETF Catches Investors’ Attention
iShares MSCI USA Quality Factor ETF (QUAL - Free Report) garneredabout $3.53 billion in November. The volatile nature of Wall Street probably led investors toward quality picks.
TIPS Win Too
Global inflationary pressure is proving to be too heavy to handle. The annual inflation rate in the United States surged to 6.2% in October 2021, the highest since November 1990 and above forecasts of 5.8%. No wonder, investors will flock to TIPS ETFs.
TIPS ETFs offer robust real returns during inflationary periods unlike its unprotected peers in the fixed-income world. These securities pay an interest on an inflated-principal amount (principal rises with inflation) and when the securities mature, investors get either the inflation-adjusted principal or the original principal, whichever is greater. As a result, both principal amount and interest payments will keep on increasing with rising consumer prices. iShares TIPS Bond ETF (TIP - Free Report) hauled in about $1.67 billion in assets.
Developed Markets In Favor
iShares Core MSCI EAFE ETF (IEFA - Free Report) and Vanguard FTSE Developed Markets ETF (VEA - Free Report) amassed about $1.65 billion and $1.63 billion in assets in November, respectively.
Large-Cap Growth ETFs Lost Assets
iShares Russell 1000 Growth ETF (IWF - Free Report) lost about $1.44 billion in the month. Rising rate worries probably weighed on the assets of the fund.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
ETF Asset Report of November: S&P 500 Wins
Wall Street was on a topsy-turvy ride in the month of November. While the start of the month was decent, renewed virus scare and lockdowns weighed on the broader market at the end. Overall, the S&P 500, the Dow Jones, the Nasdaq and the Russell 2000 lost about 1.4%, 4.4%, 0.7% and 6.9%, respectively, past month.
COVID-19 lockdowns in Europe in late November stirred up fears of further spread of infections. While this raised chances of another wave of COVID-19 in other parts of the world, the finding of a new COVID-19 variant, namely Omicron, led to a massive crash in Wall Street at month-end.
Meanwhile, the Fed has started QE tapering from November and corporate earnings came in upbeat. Holiday sales are forecast to be solid in 2021. Retail sales for the month of October were strong. Inflation data too were high due to supply-chain issues. Oil prices staged a rally in November on the prospect of higher demand but nosedived in the Thanksgiving week along with Wall Street on Omicron fears.
Against this backdrop, below we highlight the ETFs that attracted maximum assets from Nov 1 to Nov 29.
S&P 500 & Total Market Win
iShares Core S&P 500 ETF (IVV - Free Report) ,Vanguard S&P 500 ETF (VOO - Free Report) and Vanguard Total Stock Market ETF (VTI - Free Report) amassed about $3.80 billion and $3.56 billion in assets in November. The broader market was mostly upbeat, apart from the Omicron-induced market crash at month-end.
Quality ETF Catches Investors’ Attention
iShares MSCI USA Quality Factor ETF (QUAL - Free Report) garneredabout $3.53 billion in November. The volatile nature of Wall Street probably led investors toward quality picks.
TIPS Win Too
Global inflationary pressure is proving to be too heavy to handle. The annual inflation rate in the United States surged to 6.2% in October 2021, the highest since November 1990 and above forecasts of 5.8%. No wonder, investors will flock to TIPS ETFs.
TIPS ETFs offer robust real returns during inflationary periods unlike its unprotected peers in the fixed-income world. These securities pay an interest on an inflated-principal amount (principal rises with inflation) and when the securities mature, investors get either the inflation-adjusted principal or the original principal, whichever is greater. As a result, both principal amount and interest payments will keep on increasing with rising consumer prices. iShares TIPS Bond ETF (TIP - Free Report) hauled in about $1.67 billion in assets.
Developed Markets In Favor
iShares Core MSCI EAFE ETF (IEFA - Free Report) and Vanguard FTSE Developed Markets ETF (VEA - Free Report) amassed about $1.65 billion and $1.63 billion in assets in November, respectively.
Large-Cap Growth ETFs Lost Assets
iShares Russell 1000 Growth ETF (IWF - Free Report) lost about $1.44 billion in the month. Rising rate worries probably weighed on the assets of the fund.