Table 5.
Relative ETF flow distribution across the U.S., Europe, and Asia.
| Number of ETFs | Net Flow ($M) | Avg. Flow Share (%) | |
|---|---|---|---|
| Asia-Asia | 1459 | 116,111 | 2.555 |
| Asia-Europe | 22 | 23 | 0.0018 |
| Asia-U.S. | 268 | 17,522 | 0.4007 |
| Europe-Asia | 214 | 21,038 | 0.1507 |
| Europe-Europe | 1117 | −61,265 | −0.0736 |
| Europe- U.S. | 503 | 58,943 | 0.4297 |
| U.S. -Asia | 129 | 5422 | 0.0013 |
| U.S.-Europe | 99 | 667 | −0.0151 |
| U.S. - U.S. | 1739 | 910,425 | 3.1092 |
This table represents the statistics of ETFs in each geographic location with exposure to itself and other two locations. Number of ETFs shows the number of funds in location i with exposure to location j. Net Flow shows the net of inflow and outflow of money in million dollars. Average Flow Share is a variable that captures the geographical distribution of fund flow with respect to the total assets under management (AUM) of the home location and is calculated by: