Table 1.
Summary of descriptive statistics.
| Asia | Europe | USA | Other | |
|---|---|---|---|---|
| Panel A: Daily Flow | ||||
| mean | -34 | -6 | 1100 | 339 |
| std | 165 | 157 | 4000 | 713 |
| min | −670 | −514 | −10,982 | −2745 |
| 25% | −102 | −67 | −955 | 86 |
| 50% | −16 | 2 | 1071 | 443 |
| 75% | 52 | 52 | 3342 | 743 |
| max | 363 | 835 | 18,719 | 2006 |
| Panel B: Correlation Matrix | ||||
| Asia | 1 | |||
| Europe | 0.24*** | 1 | ||
| USA | 0.04 | 0.07 | 1 | |
| Other | 0.16** | 0.26*** | 0.12* | 1 |
Panel A and B present summary statistics and correlation matrix for aggregated ETF flows with exposure to Asia, Europe, U.S., and rest of the world. *, **, and ***, respectively, denote significance at the 10%, 5%, and 1% levels. The sample period is from January 2020 to October 2020 (196 days).