International ETFs have surpassed ETFs based on company size as the favorite vehicle for exchange traded fund investors.
State Street’s October Snapshot report points out that International ETF assets now total $165.6 billion, slightly higher than Size ETFs with $161.2 billion of assets.
Overall, ETF assets fell $5.3 billion or 0.8% in October. Size ETFs declined $8.6 billion or 5.1% while Sector ETFs fell $3.1 billion or 4.7%.
International ETFs grew $3.1 billion or 1.9% while Fixed Income ETFs added $3.0 billion or 3.3%.
The fastest growing category in October were Currency ETFs which were up $618 million or 14.2%.