Published on 1 Feb 2023 on ETF.com via Yahoo Finance
The first month of 2023 saw assets flowing into fixed income, value and income strategies, but international funds also featured prominently. In all, U.S.-listed ETFs pulled in nearly $50 billion during the month, more than the $37 billion gained in January 2022.
International equity and U.S. fixed income both pulled in more than any other asset classes, with gains of $20.2 billion and $20.8 billion in January, respectively. U.S. equity gained just $1.4 billion, while international fixed income added $5.2 billion. Meanwhile, asset allocation ETFs and leveraged ETFs were the only categories to see outflows, losing $1.4 billion and $1.2 billion, respectively.