Assets in the U.S. ETF industry ended March at $482 billion, up $31 billion or 6.8%.
In the March ETF Snapshot report, State Street Global Advisors found that the biggest driver of growth were International ETFs with assets up $10 billion or 12.5%. The growth in international was partially due to increasing price levels with the MSCI EAFE index up 6.4% in dollar terms.
Fixed income ETFs also grew nearly $5 billion or 8.2%. That compares favorably to growth in the Barclays Capital U.S. Treasury Index (up 2.2%) and the Barclays Capital U.S. Aggregate index (up 1.4%).