Index funds with the biggest net flows of the decade reported losses this year as the coronavirus left no segment of the industry unscathed.
With nearly $2.8 trillion in combined assets, the 20 U.S. index funds with the biggest net inflows over 10 years through July 1 raked in a combined $949 billion during that time period, Morningstar Direct data show. In the first six months of 2020, the funds reported a net inflow of $12.1 billion. The same funds also reported a YTD loss of nearly 3%.