For the first time in 2019, fixed income ETFs took in as much money as U.S. equity ETFs, said D.J. Tierney, senior client portfolio strategist at Charles Schwab Investment Management, at the 2020 Inside ETFs conference.
Even though fixed-income ETFs make up a small portion of Schwab's 25-fund portfolio, four of their bond funds are over five years old and hold over $25 billion in assets.
Schwab also launched three new bond funds in October, Tierney said.
"It's clear to us that fixed income funds like these address a lot of investors' core needs," he said.