ETFGI reports assets invested in ETFs and ETPs listed globally rise above US$5 trillion at the end of November 2018
LONDON — December 12, 2018 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$60.55 Bn during November. Following October trends, all regions but the Middle East and Africa continued to see positive net flows. Total assets invested in the global ETF and ETP industry rose 2.33% by the end of November, from US$4.95 Tn at the end of October, to US$5.06 Tn, according to ETFGI’s October 2018 Global ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Total Assets in ETFs and ETPs listed globally increase 2.33% to $5.06 Tn in November.
- Net new assets gathered by ETFs/ETPs listed globally were $60.55 Bn in November.
- 58th consecutive months of net inflows into ETFs/ETPs listed globally.
“While trade talks continue to make noise in the headlines, the very real prospect of slowing global growth appears to be filtering into market sentiment. A seemingly more reposed approach to monetary policy along with the China-US trade truce provided enough of a tailwind to lift US markets to finish in the green by the end of November, with the S&P 500 gaining 2.04% over the month bringing the year-to-date gain to 5.11%. Apart from the Eurozone, where various domestic issues continue to dominate, most developed markets closed the month with marginal gains, the S&P developed ex-US BMI was up 0.17% in November with year-to-date declines of 9.66%. EM and Frontier markets bounced back from the October fall, finishing up 4.61% and 1.94% respectively, softening year-to-date declines to 11.15% and 8.95%” according to Deborah Fuhr, managing partner and a founder of ETFGI.
At the end of November 2018, the Global ETF/ETP industry had 7,636 ETFs/ETPs, with 14,913 listings, assets of $5.06 Tn, from 395 providers listed on 71 exchanges in 57 countries. Following net inflows of $60.55 Bn and market moves during the month, assets invested in ETFs/ETPs listed globally increased by 2.33%, from $4.95 Tn at the end of October 2018, to $5.06 Tn.
Growth in Global ETF and ETP assets as of the end of November 2018
Equity ETFs/ETPs listed globally attracted net inflows of $41.05 Bn in November, growing net inflows for 2018 to $312 Bn, less than the $418 Bn in net inflows at this point last year. Fixed Income ETFs and ETPs listed globally saw net inflows of $14.23 Bn in November, bringing net inflows for 2018 to $86.4 Bn, considerably less than the $140 Bn in net inflows at this point last year.
November marked the 58th consecutive month of net inflows into ETFs/ETPs listed globally, Year-to-date in 2018 there have been net inflows of $439 Bn, less than the $599 Bn in net inflows at this point last year.
Substantial inflows during November can be attributed to the top 20 ETFs by net new assets, which collectively gathered $29.7 Bn. The SPDR S&P 500 ETF Trust (SPY US) gathered $3.73 Bn, the largest net inflow in November.
Top 20 ETFs by net new assets November 2018: Global
|
Name |
Ticker |
Assets |
ADV |
NNA |
NNA |
|
SPDR S&P 500 ETF Trust |
SPY US |
265,666 |
26,191 |
(12,760) |
3,727 |
|
iShares Core MSCI Emerging Markets ETF |
IEMG US |
50,187 |
1,033 |
14,596 |
3,502 |
|
TOPIX Exchange Traded Fund |
1306 JP |
74,308 |
33 |
20,122 |
2,233 |
|
iShares 1-3 Year Treasury Bond ETF |
SHY US |
17,170 |
226 |
5,931 |
2,043 |
|
iShares Short Treasury Bond ETF |
SHV US |
17,372 |
263 |
9,332 |
1,733 |
|
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF |
BIL US |
6,984 |
207 |
5,028 |
1,661 |
|
iShares Russell 1000 Value ETF |
IWD US |
39,203 |
334 |
(1,964) |
1,517 |
|
Vanguard FTSE Developed Markets ETF |
VEA US |
67,376 |
595 |
7,559 |
1,216 |
|
iShares MSCI USA Minimum Volatility ETF |
USMV US |
18,844 |
191 |
2,584 |
1,147 |
|
iShares Core S&P 500 UCITS ETF |
CSSPX SW |
31,810 |
8 |
4,788 |
1,123 |
|
JPMorgan Ultra-Short Income ETF |
JPST US |
4,412 |
90 |
4,346 |
1,094 |
|
Vanguard Short-Term Treasury ETF |
VGSH US |
4,644 |
74 |
2,738 |
1,043 |
|
Vanguard Total Stock Market ETF |
VTI US |
101,581 |
429 |
7,860 |
1,039 |
|
First Trust Health Care AlphaDEX Fund |
FXH US |
2,353 |
88 |
1,231 |
1,027 |
|
Vanguard S&P 500 ETF |
VOO US |
102,423 |
714 |
15,510 |
1,004 |
|
Vanguard Dividend Appreciation ETF |
VIG US |
31,201 |
127 |
2,263 |
986 |
|
Vanguard Total World Stock ETF |
VT US |
12,529 |
161 |
2,439 |
960 |
|
iShares Core S&P 500 ETF |
IVV US |
160,546 |
1,319 |
16,123 |
918 |
|
iShares Core U.S. Aggregate Bond ETF |
AGG US |
53,652 |
448 |
2,891 |
885 |
|
iShares National Muni Bond ETF |
MUB US |
10,565 |
141 |
1,220 |
848 |
Similarly, the top 10 ETPs by net new assets collectively gathered $2.92 Bn by the end of November 2018.
Top 10 ETPs by net new assets November 2018: Global
|
Name |
Ticker |
Assets |
ADV |
NNA |
NNA |
|
VelocityShares Daily 3x Inverse Natural Gas ETN |
DGAZ US |
362 |
297 |
916 |
534 |
|
Samsung Securities KOSPI Short Strangle 5% OTM ETN 60 |
530060 KS |
454 |
0 |
454 |
454 |
|
United States Oil Fund LP |
USO US |
1,570 |
476 |
(348) |
368 |
|
VelocityShares 3x Long Crude Oil ETN |
UWT US |
307 |
147 |
291 |
311 |
|
SPDR Gold Shares |
GLD US |
28,938 |
1,024 |
(2,872) |
309 |
|
iShares Physical Gold ETC |
SGLN LN |
3,516 |
3 |
535 |
208 |
|
ETFS Brent Crude |
BRNT LN |
246 |
2 |
129 |
199 |
|
ProShares Ultra DJ-UBS Crude Oil |
UCO US |
348 |
100 |
(137) |
187 |
|
NH QV KOSPI 5% Short strangle OTM ETN 56 |
550056 KS |
181 |
0 |
181 |
181 |
|
ETFS WTI Crude Oil |
CRUD LN |
580 |
11 |
(72) |
173 |
Investors have tended to invest in core, market cap and lower cost ETFs in November.
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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The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com.
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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 4,200 members in chapters around the world. www.womeninetfs.com
Contact:
Deborah Fuhr
Managing Partner
ETFGI
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