Since the Fed began its rate-raising cycle in mid-March this year, a large amount of money has poured into the high dividend ETF, which tracks the S & P 500, the largest in the world.$SPDR S&P 500 ETF (SPY.US)$During this period, there was an outflow of funds. The phenomenon highlights investors' continued uncertainty about the outlook for the broader market and a shift to more traditional and safer investments.

According to etfdb.com, SPY has outflowed $1.65 billion since the Fed first raised interest rates on March 17. The five largest high dividend ETF inflows totaled $17.87 billion, of which$Schwab US Dividend Equity ETF (SCHD.US)$It attracted the most money, reaching $6.85 billion.

Meanwhile,$Vanguard High Dividend Yield ETF (VYM.US)$Inflow of $5.68 billion$Ishares Trust Core Divid Gwth (DGRO.US)$Inflows of $2 billion, while$Vanguard Specialized Funds Vanguard Dividend Appreciation Etf (VIG.US)$、$Ishares Select Dividend ETF (DVY.US)$Inflows of $1.91 billion and $1.43 billion, respectively.

Since the start of the rate-raising cycle in March, SPY, SCHD, VYM, DGRO, VIG and DVY have all fallen, falling 10.7 per cent, 8.4 per cent, 7.4 per cent, 7.8 per cent, 8.2 per cent and 4.8 per cent, respectively.