Eric Balchunas Says ETF Inflows Hold Steady in S&P 500 Up and Down Months

Commentator Eric Balchunas described ETF inflows as largely similar in months when the S&P 500 rose and in months when it fell. He interpreted the pattern as a sign that investors continue to use low-cost exposure to U.S. stocks.

Exchange-traded funds (ETFs) are investment funds traded on stock exchanges. An ETF can bundle stocks, bonds or commodities into a portfolio, with fees generally lower than those of mutual funds.