Particular person buyers are flocking to exchange-traded funds for broader publicity to the inventory market, moreso than betting on particular person shares.
The SPDR S&P 500 ETF Belief, or SPY, obtained essentially the most web inflows from particular person buyers previously week amongst U.S.-listed securities, in line with Vanda Analysis. An ETF monitoring the Nasdaq 100 index took second place.
“Larger apprehension seemingly prompted the comparatively increased bounce in ETF shopping for vs. shares. The charts beneath present that risk-off temper had particular person buyers search diversification in the course of the first ‘again to high school’ days, with web buys of ETFs rising considerably greater than purchases of single shares,” analysts stated in a be aware Thursday.