ETF Total Assets Top $90 Billion By IndexFunds.com Staff June 20, 2002

The total assets of all exchange-traded funds that trade in the U.S. rose to $92.86 billion in May 2002, according to the Investment Company Institute, the mutual fund industry's trade group. Total ETF assets increased by $7 million in May, with domestic funds gaining nearly $4 billion while international assets jumped over $3 billion during the month.

According to the ICI's monthly ETF totals, May marks the first time ETF assets have cleared the $90 billion plateau. In May, Barclays Global Investors also reported that an unknown institutional investor plunked down $2.3 billion in the iShares MSCI EAFE.

ETF asset growth by fund type (in millions of dollars)
ETF category	May 2002	April 2002	December 2001
Broad-based domestic	76,557	72,484	71,774
Sector domestic	9,143	9,253	8,202
Total Domestic	85,700	81,737	79,977
International/Global	7,163	4,123	3,016
All	92,863	85,859	82,993

Source: Investment Company Institute, figures don't include HOLDRs

The graphic below shows total monthly ETF asset growth from September 2000 through May 2002.

Source: ICI monthly ETF asset data

There are currently 102 ETFs trading in the U.S. - 35 domestic broad-based, 33 domestic sector, and 34 global/international funds.