Even as February saw net cash outflows of $5.8 billion from all ETFs/ETNs, commodity-based products posted a record $8.0 billion of net inflows, for a year-to-date total of $12.9 billion, according to the National Stock Exchange.
Assets in all U.S. listed ETFs and Exchange-Traded Notes (ETN) totaled approximately $460.6 billion at the end of February, a 19.5% drop from February 2008 when assets totaled $572.2 billion, says NSX. It was also a 13.3% decline from the $531.3 billion held at the end of 2008.
ETF/ETN notional trading volume totaled approximately $1.7 trillion for February, representing 38% of all U.S. equity trading volume. At the end of February, the number of listed products totaled 843 vs. 690 listed a year ago. This data is included in NSX’s February 2009 Month-End ETF/ETN Data Report.