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It Was Business as Usual for ETF Investors in January


Global stock markets stumbled out of the gate to start the new year. The Morningstar Global Markets Index a broad gauge of global equities dipped 0.31% in January 2021. Bonds slipped, too. The Morningstar U.S. Core Bond Index declined 0.74%, as rising yields pushed bond prices lower.
Bond exchange-traded funds captured the majority of inflows for much of 2020, but recently flows have favored stocks. After allocating a record $88.1 billion to equity ETFs in November and another $43.8 billion in December, investors poured $43.7 billion into these funds in January.
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