ETFs seeking to replicate financial stocks indices experienced notable gains over yesterday’s market session with a surge in performance of +12,30% as well as inflows from the primary market with +$379,16M of new shares. This sharp rebound is impressive but the sector is far from a full recovery. Over the last 30 days, ETFs included in the segment lost 34,77% as COVID-19 concerns grew globally. Along with the FED’s unlimited QE supporting the markets, some investors might have started buying the dip but the volumes supporting this rebound are low. Year-to-date, investors have withdrawn a total of -$2,97Bn from the segment, which gathers 24 funds replicating the performance of 14 indices for a total of $16,6Bn of assets under management.