ETF assets grew $5.7 billion or 1% in June according to State Street Global Advisors. ETF assets now total $593 billion across 740 ETFs.
Fixed income ETFs saw the biggest growth in June, increasing $3.8 billion or 5%. Inverse and leveraged ETFs also realized 5% growth, increasing assets by $1.7 billion. Overall industry growth was partially offset by a decline in International ETF assets of $1.5 billion or 1%.
From a sector ETF perspective, Consumer Staples ETFs and Consumer Discretionary ETFs grew 20% and 16% respectively while Materials ETFs (down 11%) and Health Care ETFs (down 8%) saw assets decline.