ETFGI reports the ETFs industry in the United States gathered net inflows of US$80 billion in February 2022
LONDON — March 11, 2022 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, ETFGI reports the ETFs industry in the United States gathered net inflows of US$80 billion in February 2022, bringing year-to-date net inflows to US$99.04 billion. Due to market declines in February the assets invested in the US ETFs/ETPs industry have decreased by 0.6%, from US$6.88 trillion at the end of January, to US$6.84 trillion, according to ETFGI's February 2022 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- ETF industry turns 32 – the Toronto 35 Index Participation Fund “TIPS” was listed in Canada on the Toronto Stock Exchange on March 9, 1990
- Assets of $6.84 Tn invested in the ETFs industry in the United States at the end of February.
- ETFs industry in the United States gathered net inflows of US$80 billion in February 2022
- YTD net inflows of $99.04 Bn are the second highest on record, after YTD net inflows in 2021 of $153.95 Bn.
- $864.87 Bn in net inflows gathered in the past 12 months.
- Assets decreased 5.1% YTD in 2022, going from $7.21 Tn at end of 2021 to $6.84 Tn.
- 30th month of consecutive net inflows.
- Majority of net inflows have gone into Equity exposure in February and year to date.
“The S&P 500 decreased by 2.99% in February as the world watches the situation in the Ukraine unfold. Developed markets excluding the US, experienced a loss of 1.34% in February. Japan (down 0.59%) and Portugal (down 0.62%) experienced the smallest losses amongst the developed markets in February, while Austria suffered the largest loss of 10.92%. Emerging markets decreased by 3.43% during February. Peru (up 7.07%) and UAE (up 6.02%) gained the most while Russia (down 50.32 %) and Hungary (down 24.63 %) witnessed the largest declines. S&P Dow Jones announced the removal of all stocks domiciled and listed in Russia due to the country’s invasion of Ukraine.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Growth in US ETF and ETP assets as of the end of February 2022
The ETFs industry in the United States had 2,878 ETFs/ETPs, assets of $6.84 Tn, from 246 providers listed on 3 exchanges at the end of February.
During February 2022, ETFs/ETPs gathered net inflows of $80.04 Bn. Equity ETFs/ETPs gathered net inflows of $54.98 Bn over February, bringing year to date net inflows to $68.51 Bn, lower than the $101.57 Bn in net inflows equity products had attracted at this point in 2021. Fixed income ETFs/ETPs had net inflows of $7.82 Bn during February, bringing net outflows for the year through February 2022 to $1.51 Bn, much lower than the $21.85 Bn in net inflows fixed income products had attracted by the end of February 2021. Commodities ETFs/ETPs reported net inflows of $3.04 Bn during February, bringing year to date net inflows to $6.03 Bn, higher than the $2.52 Bn in net outflows commodities products had reported year to date in 2021. Active ETFs/ETPs attracted net inflows of $10.57 Bn over the month, gathering net inflows for the year through February 2022 of $18.02 Bn, less than the $29.33 Bn in net inflows active products had reported in the first two months of 2021.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $55.99 Bn during February. Vanguard S&P 500 ETF (VOO US) gathered $16.07 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets February 2022: US
Name |
Ticker |
Assets |
NNA |
NNA |
Vanguard S&P 500 ETF |
VOO US |
278,098.78 |
20,470.12 |
16,067.93 |
iShares Core S&P 500 ETF |
IVV US |
313,762.90 |
7,338.99 |
8,332.09 |
Vanguard Value ETF |
VTV US |
98,717.61 |
8,304.20 |
6,059.19 |
SPDR S&P 500 ETF Trust |
SPY US |
397,666.33 |
-27,062.76 |
3,495.40 |
Schwab US Dividend Equity ETF |
SCHD US |
34,167.97 |
4,449.59 |
2,646.66 |
iShares Short Treasury Bond ETF |
SHV US |
15,779.91 |
2,625.22 |
2,406.64 |
Vanguard Intermediate-Term Corporate Bond ETF |
VCIT US |
46,450.45 |
1,678.19 |
1,741.45 |
Vanguard Total International Bond ETF |
BNDX US |
46,625.09 |
2,231.18 |
1,520.87 |
Vanguard Short-Term Corporate Bond ETF |
VCSH US |
42,273.24 |
1,507.47 |
1,443.85 |
ProShares UltraPro QQQ |
TQQQ US |
17,120.79 |
4,521.79 |
1,441.65 |
Vanguard Total Stock Market ETF |
VTI US |
276,795.45 |
5,383.26 |
1,336.27 |
VanEck Vectors Semiconductors ETF |
SMH US |
9,038.21 |
2,904.24 |
1,238.32 |
iShares Floating Rate Bond ETF |
FLOT US |
8,750.42 |
1,555.48 |
1,195.69 |
iShares Core MSCI EAFE ETF |
IEFA US |
99,831.89 |
2,909.31 |
1,134.38 |
SPDR Portfolio S&P 500 Value ETF |
SPYV US |
14,183.70 |
1,637.33 |
1,055.87 |
iShares 7-10 Year Treasury Bond ETF |
IEF US |
17,413.53 |
230.79 |
1,052.12 |
SPDR Portfolio Large Cap ETF |
SPLG US |
13,889.28 |
1,289.93 |
997.23 |
iShares iBoxx $ Investment Grade Corporate Bond ETF |
LQD US |
35,822.53 |
-883.54 |
969.46 |
PIMCO Enhanced Short Maturity Strategy Fund |
MINT US |
14,045.08 |
438.93 |
950.37 |
iShares 0-3 Month Treasury Bond ETF |
SGOV US |
1,865.42 |
1,050.19 |
900.17 |
The top 10 ETPs by net new assets collectively gathered $2.94 Bn during February. SPDR Gold Shares (GLD US) gathered $711 Mn, the largest individual net inflow.
Top 10 ETPs by net new assets February 2022: US
Name |
Ticker |
Assets |
NNA |
NNA |
SPDR Gold Shares |
GLD US |
62,133.70 |
3,212.56 |
711.05 |
iShares Gold Trust |
IAU US |
30,588.43 |
448.41 |
483.29 |
Invesco DB Commodity Index Tracking Fund |
DBC US |
3,674.03 |
620.50 |
473.45 |
iShares Silver Trust |
SLV US |
13,291.52 |
361.38 |
280.85 |
iShares S&P GSCI Commodity-Indexed Trust |
GSG US |
1,993.55 |
244.96 |
221.73 |
Invesco DB Agriculture Fund |
DBA US |
1,310.12 |
232.06 |
221.49 |
ProShares Ultra VIX Short-Term Futures |
UVXY US |
891.36 |
-304.52 |
202.88 |
Invesco DB US Dollar Index Bullish Fund |
UUP US |
885.22 |
158.24 |
179.28 |
iPath Bloomberg Commodity Index Total Return ETN |
DJP US |
1,196.70 |
10.95 |
83.47 |
Aberdeen Physical Swiss Gold Shares |
SGOL US |
2,636.33 |
104.10 |
77.86 |
Investors have tended to invest in Equity ETFs/ETPs during February.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
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Additional Speakers have been added for the 2nd annual ETFGI Global ETFs Insights Summit - ESG & Active ETFs Trends
Register now to join us at our 2nd annual ETFGI Global ETFs Insights Summit - ESG & Active ETFs Trends, a virtual event on March 23 & 24.
The event is designed as educational events for financial advisors and traders, portfolio managers, CIOs at buyside institutional investor to examine how ETFs are being traded, selected, and used and hear about the most current regulatory, index, active, product and trading developments impacting investors.
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Speakers include:
- Georgia Bullitt, Partner, Willkie Farr & Gallagher LLP
- Hernando Cortina, Head of Index Strategy, ISS ESG
- Boris Couteaux, VP, Business and Product Development, Impak Finance
- Henrietta De Salis, Partner, Willkie Farr & Gallagher LLP
- Deborah Fuhr, Founder, Managing Partner, ETFGI
- Elizabeth Gillam, Head of EU Government Relations and Public Policy, Invesco
- Melody He, Deputy CEO, CSOP Asset Management Ltd
- Christian Kronseder, CEO, Allindex
- Jon Maier, CIO, Global X
- Aude Martin, Senior ETF Investment Specialist LGIM, Legal & General Investment Management
- Tobin McComas, Vice President, Development & Member Services, Chamber of Digital Commerce
- Anthony Miller, Economic Affairs Officer, UNCTAD
- Stephanie Pierce, CEO of ETFs, BNY Mellon
- Rick Redding, CEO, Index Industry Association
- Keri Riemer, Of Counsel, K&L Gates LLP
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- Ken Zockoll, CEO, Spatial Risk Systems
The event will cover:
- Overview of ESG ETF Landscape – ETFGI Research
- ESG Regulatory Issues Impacting Investors in Europe
- ESG Regulatory Issues Impacting Investors in Asia Pacific
- ESG Regulatory Issues Impacting Investors in the United States
- Overview of the ESG benchmark regulatory landscape
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- How to incorporate ESG data into investment decisions
- ESG integration for fixed income portfolios
- ESG and Crypto investing
- How investors are implementing ESG in their portfolios
- How investors are using AI and direct indexing
- The Pathway to inclusive investments
- Overview of Active ETF Landscape – ETFGI Research
- How have Active ETFs performed over the past 2 years
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Additional speakers will be added. To view the agendas, speakers, sponsors and hear recordings from our prior events in 2021, 2020 and 2019, please visit the ETFGI website.
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