September ETF Market Shifts to Defensive Positions: Inflows into Utilities and Low-Volatility Funds
XLE State Street Energy Select Sector SPDR ETF
$67.57 -0.87%
View chart & analysis → - 1Sector ETFs recorded $112 million in outflows in September.
- 2Defensive sector funds saw a net inflow of $1.8 billion in September.
- 3Bond ETFs accounted for 41% of the bond ETF inflows in September.
So what's the key point?
While money left various funds in September, $1.8 billion flowed into defensive funds. This means people moved money to relatively safe places as the market became unstable.
Source The Daily Upside · View original ↗
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