ETFs

The Xtrackers MSCI USA Climate Action Equity ETF (USCA), which debuted Tuesday with $2 billion in assets, surpassed the $1.35 billion launch of the Goldman Sachs MarketBeta US 1000 Equity ETF (GUSA).

The DoubleLine Commercial Real Estate ETF (ticker DCMB) and the DoubleLine Mortgage ETF (DMBS) launched Tuesday.

Equity ETFs saw inflows of $27.4 billion in the first quarter, the lowest haul since the early days of the Covid-19 pandemic outbreak.

BlackRock is looking to set up two funds known as Buffer ETFs: The BlackRock Large Cap Moderate Buffer ETF and the BlackRock Large Cap Deep Buffer ETF.

MSCI is changing how it rates synthetic ETFs.

ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows.

Assets in SCHI have surged more than ten-fold from the end of last week, racking up the largest inflows among US ETFs tracked by Bloomberg over that period. 

Thematic ETFs that launched to target the buzziest market themes of the past two years are closing at a rapid pace, as rising interest rates hammer performance and send investors in search of safer options.

Assets in Schwab 5-10 Year Corporate Bond ETF (ticker SCHI) swelled to a record $2.33 billion on Monday from around $356 million previously.