With the US markets closed for holiday, let's look at some aggregate data

With the US markets closed for holiday, let's look at some aggregate data. Year-to-date, the ETF with the highest inflows ($6 billion) is iShares 7-10 Year Treasury Bond (IEF). That's no surprise given the Fed's relatively transparent policy regarding rates. The next couple ETFs on the list are for developed markets and Europe. That's also not much of a surprise as investors have rotated out of some US sectors and emerging markets in favor of higher growth potential in Europe and Japan. One of the more interesting names on the top 10 inflows list is the Energy Select SPDR (XLE). Digging deeper, over the last three months, the S&P 500 has been up roughly 3%. Over the same period, the energy sector has climbed 10% and is the top performing sector in the US. (VIEW LINK)