US exchange-traded fund assets have surpassed $10 trillion in November, marking a significant milestone. The year has seen several ETF trends, including record inflows, a 'Trump bump' boosting investments, and the dominance of S&P 500 ETFs driven by the Magnificent Seven stocks. Additionally, alternative ETFs have experienced substantial growth, crossing $400 billion in net assets.
Assets in U.S. exchange-traded funds have topped $10 trillion for the first time in November, according to the latest data from Cerulli Associates.
As 2024 comes to a close, these are a few of the ETF trends that dominated the year, based on the latest data.The S&P 500 rally, buoyed by the Magnificent Seven stocks — Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla — helped account for about half of the index's gains for the year, according to data and analytics company VettaFi.
Moreover, the year-over-year asset growth rate for alternative ETFs — at 93% — was highest among all asset classes.
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