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Apex Trader Funding (ATF) - News

Tech, AI Drive $12.2B Inflows Into Growth ETFs, Marking Record Outperformance Over Value

Exchange-traded funds (ETFs) focused on growth equities – characterized by robust revenue growth, high valuations, and strong potential for innovation – experienced elevated inflows in June. This surge in interest towards growth-linked funds coincided with a significant outperformance of growth over value stocks, reflecting increased investor confidence in the tech sector and disruptive innovations like artificial intelligence. The eight largest growth-linked ETFs by assets under management (AUM) collectively experienced a substantial $12.2 billion in inflows from the beginning of the month through June 24. Leading the pack, the Vanguard Growth ETF (NYSE:VUG) saw the highest monthly inflows among its peers, attracting an impressive $5.68 billion. This ...