Newspaper

Total ETF Assets Decline in September

Newspaper

Total exchange-traded fund assets declined over $9 billion in September to about $82 billion, according to the Investment Company Institute. The ICI, the trade group for the mutual fund industry, keeps monthly tabs on ETF assets.

ETFs tied to equity indexes lost $9.35 billion for the month amidst a continuing bear market, while the bond ETF assets increased by $321 million to $3.93 billion.

During September, the value of all ETF shares issued was $5.97 billion, while the value of shares redeemed for the month totaled $5.52 billion, for a net issuance of $453 million.

Assets of Exchange-traded Funds by Type (millions of dollars)
Type
Sep-02
Aug-02
Dec-01
Total Domestic Equity Index
74,016
80,773
79,977
   Domestic (Broad-based)
66,383
72,053
71,774
   Domestic (Sector/Industry)
7,633
8,720
8,202
Global/International Equity Index
4,310
6,897
3,016
Bond Index
3,934
3,613
---
All
82,259
91,283
82,993
Source: Investment Company Institute
Value of Shares Issued and Redeemed by All ETFs (millions of dollars)
 
Sep-02
Aug-02
YTD-02
YTD-01
Gross Issuance
5,974
6,783
65,825
57,372
Gross Redemptions
5,521
3,586
32,710
33,092
Net Issuance
453
3,196
33,115
24,280
Source: Investment Company Institute

A Global View

There are currently 274 ETFs listed on exchanges around the globe, with 108 funds trading in the United States.

ETFs Listed in the U.S.
Manager
Fund Name
Symbol
Exchange
SSgA
DIAMONDS Trust Series I
DIA
AMEX, NYSE, Singapore
SSgA
FORTUNE 500 Index Fund
FFF
AMEX
SSgA
FORTUNE e-50 Index Fund
FEF
AMEX
SSgA
Select Sector SPDR-Consumer Discretionary Fund
XLY
AMEX, NYSE
SSgA
Select Sector SPDR-Consumer Staples Fund
XLP
AMEX, NYSE
SSgA
Select Sector SPDR-Energy Fund
XLE
AMEX, NYSE
SSgA
Select Sector SPDR-Financial Fund
XLF
AMEX, NYSE
SSgA
Select Sector SPDR-Health Care Fund
XLV
AMEX, NYSE
SSgA
Select Sector SPDR-Industrial Fund
XLI
AMEX, NYSE
SSgA
Select Sector SPDR-Materials Fund
XLB
AMEX, NYSE
SSgA
Select sector SPDR-Technology Fund
XLK
AMEX, NYSE
SSgA
Select Sector SPDR-Utilities Fund
XLU
AMEX, NYSE
SSgA
SPDRs
SPY
AMEX, NYSE
SSgA
streetTRACKS Dow Jones Global Titans Index Fund
DGT
AMEX
SSgA
streetTRACKS Dow Jones US Large Cap Growth Index Fund
ELG
AMEX
SSgA
streetTRACKS Dow Jones US Large Cap Value Index Fund
ELV
AMEX
SSgA
streetTRACKS Dow Jones US Small Cap Growth Index Fund
DSG
AMEX
SSgA
streetTRACKS Dow Jones US Small Cap Value Index Fund
DSV
AMEX
SSgA
streetTRACKS Morgan Stanley Technology Index
MTK
AMEX
SSgA
streetTRACKS Morgan Stanley Internet Index
MII
AMEX
SSgA
streetTRACKS Wilshire REIT Index Fund
RWR
AMEX
BNY
MidCap SPDRs
MDY
AMEX, NYSE
BNY
Nasdaq-100 Index Tracking Stock
QQQ
AMEX, NYSE
BGI
iShares Cohen & Steers Realty Majors Index Fund
ICF
AMEX
BGI
iShares DJ US Basic Materials Index Fund
IYM
AMEX
BGI
iShares DJ US Chemicals Index Fund
IYD
AMEX
BGI
iShares DJ US Consumer Cyclical Index Fund
IYC
AMEX
BGI
iShares DJ US Energy Index Fund
IYE
AMEX
BGI
iShares DJ US Financial Sector Index Fund
IYF
AMEX
BGI
iShares DJ US Financial Services Index Fund
IYG
AMEX
BGI
iShares DJ US Healthcare Index Fund
IYH
AMEX
BGI
iShares DJ US Industrial Index Fund
IYJ
AMEX
BGI
iShares DJ US Internet Index Fund
IYV
AMEX
BGI
iShares DJ US Non-Consumer Cyclical Index Fund
IYK
AMEX
BGI
iShares DJ US Real Estate Index Fund
IYR
AMEX
BGI
iShares DJ US Technology Index Fund
IYW
AMEX, Singapore
BGI
iShares DJ US Telecommunications Index Fund
IYZ
AMEX
BGI
iShares DJ US Total Market Index Fund
IYY
AMEX
BGI
iShares DJ US Utilities Index Fund
IDU
AMEX
BGI
iShares Goldman Sachs Natural Resources Index Fund
IGE
AMEX
BGI
iShares Goldman Sachs Networking Index Fund
IGN
AMEX
BGI
iShares Goldman Sachs Semiconductor Index Fund
IGW
AMEX
BGI
iShares Goldman Sachs Software Index Fund
IGV
AMEX
BGI
iShares Goldman Sachs Technology Index Fund
IGM
AMEX
BGI
iShares MSCI-Australia Index Fund
EWA
AMEX
BGI
iShares MSCI-Austria Index Fund
EWO
AMEX
BGI
iShares MSCI-Belgium Index Fund
EWK
AMEX
BGI
iShares MSCI-Brazil Index Fund
EWZ
AMEX
BGI
iShares MSCI-Canada Index Fund
EWC
AMEX
BGI
iShares MSCI-EMU Index Fund
EZU
AMEX
BGI
iShares MSCI-France Index Fund
EWQ
AMEX
BGI
iShares MSCI-Germany Index Fund
EWG
AMEX
BGI
iShares MSCI-Hong Kong Index Fund
EWH
AMEX
BGI
iShares MSCI-Italy Index Fund
EWI
AMEX
BGI
iShares MSCI-Japan Index Fund
EWJ
AMEX
BGI
iShares MSCI-Malaysia Index Fund
EWM
AMEX
BGI
iShares MSCI-Mexico Index Fund
EWW
AMEX
BGI
iShares MS