ETF assets grew $47.4 billion or 8% in July according to State Street Global Advisors. ETF assets now total $640 billion across 751 ETFs.
From a sector ETF perspective, Technology ETFs and REIT ETFs grew 21% and 19% respectively whileConsumer Staples ETFs (down 1%) saw assets decline slightly.
According to the ETF Directory, the largest International ETF is the $34 billion MSCI EAFE Index Fund (EFA). EFA tracks an equity benchmark for international stock performance that aims to capture 85% of the (publicly available) total market capitalization. Top holdings include HSBC, BP and Nestle.