Exchange traded funds related to Treasury bonds found themselves at the top of the leaderboard for investor capital inflows in July. The list also featured benchmark S&P 500-tracking ETFs.
For last month, the three ETFs that amassed the greatest investor flows are the iShares U.S. Treasury Bond ETF (BATS:GOVT), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), and the Vanguard S&P 500 ETF (NYSEARCA:VOO).
In total, these three funds accumulated $12.34B in July, led by GOVT, which took in $4.79B on the month. GOVT is a fund that aims to offer investors access to the U.S. Treasuries market ranging from 1-30 year maturities. GOVT is attached with a 0.05% expense ratio and has $23.07B assets under management.
TLT, which focuses on longer U.S. Treasury notes, pulled in $3.78B in July. Moreover, the fund has a 0.15% expense ratio and $24.47B assets to its name.
The third-place inflow leader was the benchmark VOO, which mirrors the moves of the S&P 500 index. VOO is the world’s third largest ETF with $264.24B assets under management. Furthermore, the ETF has a low cost 0.03% expense ratio.
From a performance stance, in 2022 GOVT is -7.1%, TLT is lower by 17.1%, and VOO has declined 13.7%. See the chart below: