Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Leveraged Index ETF Shop Leads With $1B Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 24, 2024

A Leveraged Index ETF Shop Leads With $1B

Reported by Neil Anderson, Managing Editor

An ETF boutique that specializes in leveraged and inverse index ETFs took the inflows lead proportionately last month, according to the latest data from the folks at a publicly traded investment research firm.

Justin Paul Young
Volatility Shares LLC
President, Co-Founder
This article draws from Morningstar Direct data on March 2024 open-end mutual fund and ETF flows, excluding money market funds and funds of funds. (Other asset management products, like CITs and SMAs, are also not included.)

Volatility Shares pulled ahead in the first quarter of 2024, thanks to an estimated $1.034 billion per fund in net Q1 2024 inflows, up quarter-over-quarter from $106 million per fund in Q4 2023. Other big Q1 2024 inflows winners included: Column Funds (from Northwestern Mutual's Mason Street Advisors), $881 million per fund (up Q/Q from $6 million per fund); Dodge & Cox, $443 million per fund (up Q/Q from $27 million per fund in net outflows, up year-over-year from $129 million per fund in net inflows in Q1 2023); 21Shares, $391 million per fund (up Q/Q from $4 million per fund); and GMO, $368 million per fund (up Q/Q from $10 million per fund in net outflows, up Y/Y from $5 million per fund in net outflows).

Volatility Shares also took the lead last month, thanks to an estimated $899 million per fund in net March 2024 inflows. Other big inflows winners included: 21Shares, $127 million per fund; and Dodge & Cox, $107 million per fund.

On the flip side, Grayscale took the outflows lead last quarter, thanks to an estimated $868 million per fund in Q1 2024 outflows, down Q/Q from less than $1 million per fund in Q4 2023 inflows and up Y/Y from negligible outflows per fund in Q1 2023. Other big Q1 2024 outflows sufferers included: Edgewood, $458 million per fund (up Q/Q from $57 million per fund, up Y/Y from $186 million per fund); Primecap, $337 million per fund (up Q/Q from $353 million per fund, up Y/Y from $190 million per fund); Akre, $258 million per fund (down Q/Q from $364 million per fund, up Y/Y fom $97 million pe fund); and Ark, $206 million per fund (down Q/Q from $36 million per fund in net inflows, down Y/Y from $6 million per fund in net inflows).

Grayscale also took the outflows lead last month, thanks to an estimated $374 million per fund in net March 2024 outflows. Other big outflows sufferers included: Edgewood, $147 million per fund; and Primecap, $110 million pe fund.

In March 2024, long-term funds and ETFs bought in a combined $2.103 million per fund in net inflows. That's up month-over-month from $1.484 million per fund in February 2024, up Q/Q from $1.364 million per fund in December 2023, and up Y/Y from $605,000 per fund in net outflows in March 2023.

In Q1 2024, the industry brought in $4.439 million per fund in net inflows, up Q/Q from $974,000 per fund in Q4 2023 and up Y/Y from $359,000 per fund in Q1 2023. For the trailing twelve months ending March 31, 2024, the industry brought in $5.852 million in net inflows per fund. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - BDC Board Service 101, December 10
  2. WE Boston - Give Back Event, December 10
  3. IMEA Distribution Council webinar - Unlocking Your Competitive Edge: Driving Results Through Net Promoter Excellence, December 10
  4. WE New York - End of Year Celebration, December 11
  5. MFDF webinar - ETF Product Trends: Board Implications, December 11
  6. Nicsa webinar - The Virtues of Corporate Culture, December 11
  7. MFDF webinar - Visually Mapping Board Composition: Skills Matrices in Fund Board Rooms, December 18
  8. IMEA webinar - Driving Equity: The FARE Journey and Its Impact on Financial Services, December 19
  9. MFDF webinar - 2024 Fair Valuation Pricing Survey: Building and Strengthening the Valuation Operating Model, January 7, 2025
  10. MFDF webinar - 15(c) White Paper Webinar Series: Part 2 – Board Processes, January 9, 2025
  11. MFDF webinar - AI and Fund Compliance, January 21, 2025
  12. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22, 2025
  13. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  14. FSI OneVoice 2025, January 27 - 29, 2025
  15. 2025 ICI Innovate, February 3 - 5, 2025
  16. MFDF Director Discussion Series - Open Forum, February 10, 2025
  17. MFDF Director Discussion Series - Open Forum, February 11, 2025
  18. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025
  19. MFDF Director Discussion Series - Open Forum, April 2, 2025
  20. Envestnet Elevate 2025, April 9 - 10, 2025
  21. MFDF Director Discussion Series - Open Forum, April 15, 2025
  22. The 36th Sub-Advised Funds Forum, April 29 - 30, 2025
  23. Morningstar Investment Conference 2025, June 25 - 26, 2025
  24. MFDF Director Discussion Series - Open Forum, July 9, 2025




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use