ETF big waves, sandy sand, gold ETF is happy or worried?

Due to the characteristics of low thresholds, low fees, high liquidity, in recent years, exchange trading funds (ETFs) have quickly become a tool for investors. Not only attract a large amount of funds, but also the themes are more and more detailed. For example, ETFs with chip themes, ETFs with the theme of agricultural products, of course, there are gold ETFs.

According to the statistics of Data provider Chenxing, a total of 1503 ETFs and exchange trading products were launched last year, far exceeding the 873 records set in 2018. With the large number of ETFs, this industry is also in large waves. Last year, only 264 ETFs were liquidated or merged, and less than 510 in 2020, the lowest number since 2014.

Of course, more ETFs can be split in the market, but if you encounter a downturn, you can only roll in the same day. Now even Kaisi Wood, who is nicknamed "Sister Wooden", has to "burst into tears" and close the Ark transparency ETF of the nine ETFs in late July. And this is just a microcosm in the field of ETF. Inflation and rising interest rates have caused both the stock market and the bond market to fall sharply. In the first half of 2022, Global ETF assets fell from US $ 10.3 trillion at the end of December last year to $ 8.6 trillion, which has fallen nearly two two, and has fallen nearly two. to make.

In the first half of this year, the funds related to ETFs related to the periodic industry were greatly out of funds. Investors withdrew $ 7.3 billion from non -necessary consumer goods ETFs and industrial ETFs. ETFs in the financial industry are the hardest hit areas of the first half of the year. It was a large -scale funding of US $ 12.7 billion in US financial ETFs alone.

Several laughter on the market, and the inflow of ETF funds related to the defensive industry in the first half of the year. The income of the defensive industry is not easily affected by the slowdown in economic growth or decline. In the context of the global epidemic of new crown pneumonia, the medical industry ETF attracted US $ 9.1 billion in capital inflows, daily consumer goods ETF attracted US $ 5.6 billion in capital inflows, and public utilities ETF attracted US $ 2.5 billion in funds.

When it comes to defensiveness, there are not many assets that can be compared with gold, so the performance of Gold ETF in the first half of the year is also excellent. At the beginning of the year, the gold ETF flowed into a strong momentum. Although partially flowed out two months after the decline in the gold price, it did not change the momentum of the overall growth of the entire first half of the year. As of the end of June, the Gold ETF had a net inflow of 242 tons in the first half of the year, which was equivalent to about $ 15.3 billion. Especially the gold ETFs of the two major regions of the United States and Europe have received hundreds of tons of inflows.

A report from the Public Accountants PwC shows that by 2026, the assets managed by ETFs in global management may increase to more than $ 20 trillion. In this increasing market, Gold ETF can also win it by his own. In the first half of the year, the total global gold ETF position was 3792 tons, an increase of 6 % over the beginning of the year.

At present, the amount of gold ETF has exceeded the total output of global minerals. This shows that the buying and selling of the gold ETF are important weights that affect market trends. Many people still remember the role played by ETF in the epic cliff -like decline in 2013. Therefore, while rushing to bring safflower to the golden ETF, it is also necessary to beware of the injury.

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