ETFGI reports assets invested in the ETFs industry in Japan were US$513 billion at the end of July

LONDON — August 15, 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 Japan were US$513 billion at the end of July. The ETFs industry in Japan reported net outflows of US$2.27 billion during July, bringing year-to-date net outflows to US$507 million. Assets increased 13.0% YTD in 2023, going from $454.03 Bn at end of 2022 to $512.88 Bn.July, according to ETFGI's July 2023 Japanese ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

  • Assets invested in the ETFs industry in Japan were US$513 billion at the end of July.
  • Assets increased 13.0% YTD in 2023, going from $454.03 Bn at end of 2022 to $512.88 Bn.
  • Net outflows of $2.27 Bn in July 2023.
  • YTD net outflows of $507 Mn gathered in 2023.
  • $2.55 Bn in net outflows gathered in the past 12 months.
  • 1st month of net outflows.
  • Equity ETFs and ETPs listed in Japan saw $2.26 Bn in net outflows in July 2023.

“The S&P 500 increased by 3.21% in July and is up 20.65% year-to-date in 2023. Developed markets excluding the US increased by 3.62% in July and are up 15.09% YTD in 2023. Norway (up 8.97%) and Israel (up 8.06%) saw the largest increases amongst the developed markets in July. Emerging markets increased by 6.15% during July and are up 11.08% YTD in 2023. Turkey (up 20.52%) and Pakistan (up 15.89%) saw the largest increases amongst emerging markets in July.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI. 

ETFs industry in Japan asset growth as at the end of July 2023

At the end of July 2023, the ETFs industry in Japan had 289 products, with 311 listings, assets of $513 Bn, from 15 providers listed on 3 exchanges.

Equity ETFs reported net outflows of $2.26 Bn during July, bringing YTD net outflows to $623 Mn, much lower than the $4.63 Bn in net inflows YTD in July 2022.  Fixed income ETFs gathered net inflows of $202 Mn during July, bringing YTD net inflows to 1.25 Bn, higher than the $271 Mn in net inflows YTD in 2022. Commodities ETFs reported net outflows of $16 Mn during July, bringing YTD net inflows to $98 Mn, higher than the $532 Mn in net outflows YTD in 2022.  

At the end of July 2023, the Bank of Japan held $277 billion or 53% of the assets invested in the ETFs industry in Japan.  During Bank of Japan did not make any ETFs purchases during July. 
 

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $2.55 Bn during July. iShares Core TOPIX ETF (1475 JP) gathered $578.79 Mn, the largest individual net inflow.

Top 20 ETFs by net new assets July 2023: Japan

Name

Ticker

Assets
(US$ Mn)
Jul-23

NNA
(US$ Mn)
 YTD-23

NNA
(US$ Mn)
Jul-23

iShares Core TOPIX ETF

1475 JP

                 9,738.93

                         2,367.22

578.79

MAXIS NIKKEI225 ETF

1346 JP

               15,219.69

                            275.56

436.18

NEXT FUNDS Nikkei 225 Leveraged Index ETF

1570 JP

                 1,521.45

                        (3,141.35)

236.86

iShares Core Nikkei 225 ETF

1329 JP

                 8,209.59

                            254.21

230.60

Listed Index Fund 225

1330 JP

               29,935.86

                             (85.77)

198.12

iShares 20 Year US Treasury Bond JPY Hedged ETF

2621 JP

                    453.67

                            356.52

114.45

NZAM ETF TOPIX

2524 JP

                 1,272.71

                              12.71

86.84

iShares Core 7-10 Year US Treasury Bond JPY Hedged ETF

1482 JP

                    946.33

                            475.89

86.10

Listed Index Fund US Equity NASDAQ100 Currency Hedge - JPY Hdg

2569 JP

                    235.10

                              42.10

70.30

NEXT FUNDS TOPIX Banks Exchange Traded Fund

1615 JP

                    689.37

                                3.98

61.22

iShares Core Japan Government Bond ETF

2561 JP

                    226.15

                              99.65

60.72

Global X Japan Semiconductor ETF

2644 JP

                    168.07

                            119.01

56.75

NEXT FUNDS Nifty 50 Linked Exchange Traded Fund

1678 JP

                    259.75

                            102.21

55.43

Simplex Nikkei225 Bull 2x ETF

1579 JP

                    175.41

                           (252.83)

47.60

iShares MSCI Japan High Dividend ETF

1478 JP

                    432.63

                              65.04

46.19

Listed Index Fund US Bond (Currency Hedge) - JPY Hdg - Acc

1487 JP

                    484.88

                            135.97

44.89

Global X Japan Global Leaders ESG ETF

2641 JP

                    108.09

                              59.88

37.90

NEXT FUNDS Nikkei 225 High Dividend Yield Stock 50 Index Exchange Traded Fund

1489 JP

                    789.06

                            205.72

34.95

NZAM ETF JPX-Nikkei400

2526 JP

                    415.00

                              33.38

33.63

Listed Index Fund TOPIX

1308 JP

               62,880.21

                              59.89

33.50

 Investors have tended to invest in Equity ETFs/ETPs during July.
 
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services. 
## 

Register Now! to attend our 4th Annual ETFGI Global ETFs Insights Summit – United States, in person in New York City at The Yale Club on October 4th, and virtual on October 5th

Day 1 – October 4th -  in person in New York city at the Yale Club. CE credits and free for IFAs and institutional investors – spaces are allocated on a first-come basis as spaces are limited. All sessions will be recorded. Attendees will receive access to virtual event content on day 2. Register Now!

Day 2 - October 5th -  Virtual panel discussions on our virtual event platform.

The summit is designed to provide the opportunity for traders, portfolio managers, and advisors at buyside institutional investor and financial advisors to examine how ETFs are being selected, used and traded by institutional investors, financial advisors and by retail investors. Hear about the most current regulatory updates from the SEC and IOSCO. Updates on index and product trends: active, fixed income, ESG, Thematic, bitcoin, crypto, and trading developments that are impacting investors in United States.

It's a unique opportunity for attendees to network, learn about the latest trends and innovations in the ETF market, and engage in meaningful discussions on the key issues shaping the industry. 
 

CPD educational credits are offered to buy side institutional investors and financial advisors.
?    Free registration for buy side institutional investors and financial advisors
?   All sessions are recorded and you will also receive access to last year's session recordings

If you are interested in sponsoring or speaking at any of our upcoming events or have any questions please contact us deborah.fuhr@etfgi.com and margareta.hricova@etfgi.com.

View the 2022 Agenda and Conference Brochure
 
Speakers in 2022 included:


 
 
REGISTER HERE
 
2023 EVENTS SCHEDULE

 

  • 4th Annual ETFGI Global ETFs Insights Summit - USA, Oct 4 In person in New York at the Yale Club & Oct 5 Virtual Register Here
  • 4th Annual ETFGI Global ETFs Insights Summit - Asia Pacific, October 24-25 Virtual Register Here
  • 5th Annual ETFGI Global ETFs Insights Summit - Canada, Nov 29 In person in Toronto & Nov 30 Virtual 
    Register Here


We look forward to seeing you at our events!
Debbie and Margareta

Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 

Connect on:
Deborah Fuhr Twitter | LinkedIn 
ETFGI Twitter | LinkedIn | Website
ETFs Network LinkedIn 
ETF TV Twitter | LinkedIn | Website
Women in ETFs, Board member and founder  
Women in ETFs Twitter | LinkedIn | Website



Disclaimer  
This message is intended solely for the addressee and may contain confidential information.  If you have received this message in error, please send it back to us, and immediately and permanently delete it. Do not use, copy or disclose the information contained in this message or in any attachment.
ETFGI LLP is a limited liability partnership registered in England and Wales with registered number OC372221. Registered address is 130 Jermyn Street, 6th Floor, St James’s, London SW1Y 4UR. 
 
ETFGI LLP has taken every reasonable precaution to ensure that any attachment to this e-mail has been swept for viruses. However, we cannot accept liability for any damage sustained as a result of software viruses and would advise that you carry out your own virus checks before opening any attachment.