ETFGI reports that Active ETFs and ETPs listed globally reach a new high of US$95.9 billion at the end of July 2018
LONDON — August 22, 2018 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in Active ETFs and ETPs listed globally reached a new high of US$95.9 billion, following net inflows of US$3.59 billion and market moves during July, according to ETFGI’s July 2018 Global Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Active ETFs and ETPs listed globally reached a new high of $95.9 Bn in assets.
- Active ETFs and ETPs listed globally gathered net new assets of $3.59 Bn during July 2018.
- Fixed income products experienced the largest net inflows, while commodity-based products saw the largest net outflows.
“The S&P 500 gained 3.72%, international markets ex US were up 1.93% and emerging markets up 2.81%. Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.
At the end of July 2018, the Global Active ETF/ETP industry had 524 ETFs/ETPs, with 640 listings, assets of US$95.9 Bn, from 104 providers on 18 exchanges. Due to net inflows and market moves the assets invested in Actively managed ETFs and ETPs listed globally increased by 4.70% during July, from $91.6 Bn at the end of June and have increased 26.1% year-to-date, from $76.0 Bn.
Growth in Active ETF and ETP assets as of the end of July 2018
Fixed income products gathered the largest net inflows during July, with $2.86 Bn bringing the year-to-date total to $13.3 Bn. Equity based products gathered net inflows of $660 Mn during July bringing the year-to-date total to $5.10 Bn. Commodity based products experienced net outflows of $8 Mn during July 2018 bringing year-to-date net inflows to $1.90 Bn.
Top 20 Active ETFs/ETPs by net new assets July 2018: Global
Name |
Country Listed |
Ticker |
Total Assets |
ADV |
NNA |
NNA |
iShares Short Maturity Bond ETF |
US |
NEAR US |
4,382 |
101 |
1,501 |
533 |
PIMCO Enhanced Short Maturity Strategy Fund |
US |
MINT US |
9,860 |
94 |
1,812 |
448 |
JPMorgan Ultra-Short Income ETF |
US |
JPST US |
1,694 |
31 |
1,583 |
381 |
PIMCO US Dollar Short Maturity ETF |
UK |
MINT LN |
2,863 |
11 |
268 |
268 |
First Trust Senior Loan ETF |
US |
FTSL US |
1,723 |
14 |
389 |
160 |
Invesco Ultra Short Duration ETF |
US |
GSY US |
1,338 |
17 |
271 |
131 |
Huntington US Equity Rotation Strategy ETF |
US |
HUSE US |
234 |
7 |
159 |
130 |
ARK Innovation ETF |
US |
ARKK US |
1,171 |
15 |
701 |
110 |
LYXOR SMART CASH - UCITS ETF - C-EUR |
France |
CSH2 FP |
876 |
3 |
49 |
92 |
AGFiQ Enhanced Global Infrastructure ETF |
Canada |
QIF CN |
211 |
4 |
208 |
89 |
Fidelity Limited Term Bond ETF |
US |
FLTB US |
187 |
5 |
81 |
79 |
iShares Liquidity Income ETF |
US |
ICSH US |
406 |
5 |
263 |
63 |
iShares Commodities Select Strategy ETF |
US |
COMT US |
785 |
7 |
460 |
62 |
PIMCO Euro Short Maturity ETF |
Germany |
PJS1 GY |
3,075 |
2 |
(163) |
62 |
First Trust Low Duration Mortgage Opportunities ETF |
US |
LMBS US |
1,457 |
9 |
507 |
56 |
ARK Web x.O ETF |
US |
ARKW US |
672 |
12 |
380 |
50 |
BMO Ultra Short-Term Bond ETF |
Canada |
ZST CN |
126 |
3 |
90 |
50 |
Horizons Active Floating Rate Bond ETF |
Canada |
HFR CN |
545 |
4 |
232 |
47 |
Mackenzie Floating Rate Income ETF |
Canada |
MFT CN |
441 |
3 |
230 |
47 |
PIMCO Sterling Short Maturity ETF |
UK |
QUID LN |
495 |
1 |
225 |
46 |
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Investors tended to invest in short term, broad/aggregate fixed income funds during July 2018. The iShares Short maturity Bond ETF, trading under the aptly named (NEAR US), saw the greatest net inflows during July with $553 Mn. This was followed by the PIMCO Enhanced Short Maturity Strategy Fund (MINT US) with net inflows of $448 Mn during July. The top 20 Actively managed ETFs/ETPs, by net new assets during July, saw inflows totalling $2.90 Bn and collectively have $32.5 Bn in assets under management.
Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services.
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About Deborah Fuhr
Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates.
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997.
ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry.
Past awards for Ms Fuhr include she was the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016.
Deborah Fuhr is a founder and board member of Women in ETFs “WE” a not for profit organization to connect, support and inspire Women and Men in the ETF ecosystem. WE has over 4,100 members in chapters around the world.
Contact:
Deborah Fuhr
Managing Partner
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
Web: www.etfgi.com
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