Cumulative Mutual Fund + ETF Flows by Bull Market Cycle: Bonds vs. Equities Flows Is this the most hated bull market in history? Well, investors continue buying bonds. Picture source: ICI Mutual & ETF Flow
Mutual Fund Flows – Asset Allocation Funds since 2000 Dynamic/flexible and balanced funds saw significant outflows since 2018. It is obvious that many investors don’t have a long-term view. Picture source: Topdown Charts
U.S. Active vs. Passive Fund Net Flows Active mutual funds exhibits persistent outflows, while inflows into index-tracking U.S. mutual funds and ETFs continue to rise. Picture source: Bloomberg
The Rise of Passive Investing Net inflows into index-tracking U.S. mutual funds and ETFs rose by around 50% in the second quarter from a year earlier. Picture source: The Wall Street Journal
Who Actually Owns the Equity Market? Most of the equity market is owned by households and mutual funds. But ETFs and foreigners continue to gain share. Picture source: Bianco Research
