Bull Market ‘FOMO’ Finally Sends Stock ETF Haul Past Bond Funds
- Equity ETFs take in $102 billion after a slow start to 2023
- Investors trying to ‘catch up’ to stock gains: Bokeh’s Forrest
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What was billed as the year of fixed-income is morphing into a massive game of catch-up for investors trying to capture some of the stock market’s gains.
After a tepid start to 2023, nearly $102 billion has flowed into equity exchange-traded funds so far this year, according to data compiled by Bloomberg. That compares to $93 billion for fixed-income ETFs, which had been sitting on a bigger year-to-date haul than stock funds up until this month.