ETFGI reports assets invested in the ETFs industry in Europe reached a record US$1.63 trillion at the end of June
LONDON — June 12, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in the ETFs industry in Europe reached a record US$1.63 trillion at the end of June. Net inflows of US$10.25 billion were gathered during June, bringing year-to-date net inflows to US$72.15 billion. Assets have increased 14.6% YTD in 2023, going from $1.42 Tn at end of 2022 to $1.63 Tn at the end of June, according to ETFGI's June 2023 European 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
- Assets invested in the ETFs industry in Europe reached a record $1.63 Tn at end of June.
- Assets have increased 14.6% YTD in 2023, going from $1.42 Tn at end of 2022 to $1.63 Tn.
- Net inflows of $10.25 Bn into ETFs industry in Europe during June.
- YTD net inflows in 2023 of $72.15 Bn are 2nd highest after YTD net inflows of $111.95 Bn in 2021.
- 9 months of consecutive net inflows.
“The S&P 500 increased by 6.61% in June and is up 16.89% year-to-date in 2023. Developed markets excluding the US increased 4.46% in June and are up 11.07% YTD in 2023. Korea (up 2.23%) and Israel (up 1.51%) saw the largest increases amongst the developed markets in June. Emerging markets increased by 4.33% during June and are up 4.64% YTD in 2023. Pakistan (up 8.61%) and Turkey (up 5.85%) saw the largest increases amongst emerging markets in June.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
ETFs industry in Europe asset growth as at the end of June 2023
The ETFs industry in Europe had 2,967 products, with 11,925 listings, assets of $1.63 Tn, from 101 providers listed on 29 exchanges in 24 countries at the end of June.
During June, ETFs industry in Europe gathered net inflows to $10.25 billion. Equity ETFs gathered net inflows
$6.41 Bn over June, bringing YTD net inflows to $36.52 Bn, lower than the $50.03 Bn in net inflows YTD in 2022. Fixed income ETFs had net inflows of $5.94 Bn during June, bringing YTD net inflows to $33.13 Bn, higher than the $11.35 Bn in net inflows YTD in 2022. Commodities ETFs/ETPs reported net outflows of $2.71 Bn during June, bringing YTD net outflows to $1.09 Bn, much lower than the $6.14 Bn in net inflows YTD in 2022. Active ETFs attracted net inflows of $491 Mn over the month, gathering YTD net inflows of $3.42 Bn, much higher than the $389 Mn in net inflows YTD in 2022.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $11.99 Bn during June. iShares Core € Corp Bond UCITS ETF (IEBC LN) gathered $1.27 Bn, the largest individual net inflow.
Top 20 ETFs by net inflows in June 2023: Europe
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
IEBC LN |
16,022.50 |
4,083.24 |
1,268.94 |
|
|
iShares Core MSCI World UCITS ETF - Acc |
IWDA LN |
56,481.91 |
4,568.71 |
1,241.98 |
|
iShares MSCI USA ESG Enhanced UCITS ETF |
EEDS LN |
12,193.95 |
1,005.70 |
995.92 |
|
Xtrackers S&P 500 Equal Weight UCITS ETF (DR) - 1C - Acc |
XDEW GY |
3,704.18 |
245.54 |
847.27 |
|
iShares MSCI ACWI UCITS ETF - Acc |
ISAC LN |
8,440.78 |
1,392.24 |
711.38 |
|
AMUNDI FLOATING RATE EURO CORPORATE ESG - EUR (C) - Acc |
AFRN FP |
1,577.26 |
448.68 |
682.24 |
|
Amundi MSCI Europe Climate Action - Acc |
AE5B GY |
640.58 |
637.13 |
637.13 |
|
iShares Core S&P 500 UCITS ETF - Acc |
CSSPX SW |
62,077.35 |
104.49 |
616.67 |
|
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc |
STPU LN |
1,870.27 |
1,878.07 |
599.67 |
|
Xtrackers S&P 500 Swap UCITS ETF - Acc |
D5BM GY |
7,542.13 |
224.91 |
515.19 |
|
Vanguard S&P 500 UCITS ETF |
VUSA LN |
38,882.21 |
934.38 |
514.98 |
|
Raiffeisen ETF - Solid Gold Resp. Sourced & Traceable A CHF |
RGRT SW |
555.03 |
438.21 |
436.45 |
|
iShares Edge S&P 500 Minimum Volatility UCITS ETF - Acc |
SPMV LN |
2,350.25 |
123.63 |
409.00 |
|
iShares UK Gilts 0-5yr UCITS ETF |
IGLS LN |
2,535.95 |
501.07 |
408.48 |
|
Vanguard FTSE All-World UCITS ETF |
VWRD LN |
18,176.30 |
1,976.09 |
404.49 |
|
SPDR Russell 2000 U.S. Small Cap UCITS ETF - Acc |
ZPRR GY |
1,836.17 |
388.04 |
351.62 |
|
iShares Core MSCI Japan IMI UCITS ETF - Acc |
IJPA LN |
4,180.73 |
218.02 |
348.83 |
|
UBS ETFs plc - MSCI ACWI SF UCITS ETF (hedged to USD) A-acc |
ACWIU SW |
5,954.57 |
(191.62) |
346.78 |
|
Amundi US Treasury Bond 7-10Y UCITS ETF - EUR Hdg Acc |
7USH GY |
1,103.18 |
328.86 |
328.86 |
|
UBS ETF Bloomberg Commodity Index SF UCITS ETF |
DCUSAS SW |
484.39 |
329.90 |
321.86 |
The top 10 ETPs by net new assets collectively gathered $411.67 Mn during June.
BTCetc – ETC Group Physical Bitcoin - Acc (BTCE GY) gathered $121.23 Mn the largest individual net inflow.
Top 10 ETPs by net inflows in June 2023: Europe
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
BTCetc – ETC Group Physical Bitcoin - Acc |
BTCE GY |
629.70 |
154.13 |
121.23 |
|
WisdomTree Precious Metals - Acc |
AIGP LN |
156.43 |
116.18 |
112.10 |
|
WisdomTree Natural Gas 3x Daily Short - Acc |
3NGS LN |
59.24 |
(98.69) |
42.27 |
|
WisdomTree Short USD Long EUR - Acc |
XBJQ GY |
76.67 |
2.09 |
25.70 |
|
WisdomTree WTI Crude Oil 3x Daily Leveraged - Acc |
3OIL LN |
62.25 |
34.12 |
24.16 |
|
21Shares Bitcoin ETP - Acc |
ABTC SW |
299.90 |
36.38 |
22.01 |
|
WisdomTree Agriculture - Acc |
AIGA LN |
288.92 |
(27.73) |
16.42 |
|
WisdomTree S&P 500 3x Daily Short - Acc |
3USS LN |
77.45 |
51.17 |
16.37 |
|
WisdomTree Core Physical Gold - Acc |
WGLD LN |
572.32 |
11.77 |
15.93 |
|
Xetra Gold EUR - Acc |
4GLD GY |
14,002.05 |
(253.87) |
15.47 |
Investors have tended to invest in Equity ETFs and ETPs during June.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
|
|
|
|
|
|
