ETFGI reports that assets invested in ETFs and ETPs listed in the United States increased by a record US$715 billion during 2017, to a new high of US$3.26 trillion at the end of October
LONDON — November 22, 2017 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed in the United States increased by a record $715 billion during the first 10 months of 2017, to reach a new high of US$3.26 trillion at the end of October.
According to ETFGI’s October 2017 US ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in US-listed ETFs and ETPs grew by US$715 Bn year-to-date, the largest absolute annual increase on record; eclipsing the previous record increase of US$419 Bn for the whole of 2016. The increase of 28.1%, from US$2.55 Tn at the end of 2016 to a record high of US$3.26 Tn at the end of October 2017, also represents the greatest proportional annual increase in assets since 2009 when markets recovered following the 2008 financial crisis.
Year-to-date, through end of October 2017, ETFs and ETPs listed in the US saw record net inflows of US$386 Bn; 38.4% more than net inflows for the whole of 2016, and more than double that of the previous YTD record for the same period of US$175 Bn set in October 2015. October 2017 also marked the 21st consecutive month of net inflows into US-listed ETFs/ETPs, with US$50.2 Bn gathered during the month.
The majority of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered US$185 Bn during 2017. The iShares Core S&P 500 ETF (IVV US) on its own accounted for net inflows of US$27.2 Bn.
Top 20 ETFs by net new assets: US
|
Name |
Ticker |
Assets |
ADV |
NNA |
|
iShares Core S&P 500 ETF |
IVV US |
131,551 |
858.6 |
27,222 |
|
iShares Core MSCI EAFE ETF |
IEFA US |
39,615 |
253.1 |
18,982 |
|
Vanguard FTSE Developed Markets ETF |
VEA US |
65,693 |
264.6 |
15,816 |
|
iShares Core MSCI Emerging Markets ETF |
IEMG US |
40,370 |
398.4 |
15,149 |
|
Vanguard S&P 500 ETF |
VOO US |
77,968 |
352.4 |
12,081 |
|
iShares iBoxx $ Investment Grade Corporate Bond ETF |
LQD US |
38,701 |
694.5 |
10,844 |
|
Vanguard FTSE Emerging Markets ETF |
VWO US |
64,970 |
423.5 |
9,621 |
|
iShares MSCI EAFE ETF |
EFA US |
81,570 |
893.3 |
9,485 |
|
iShares Core U.S. Aggregate Bond ETF |
AGG US |
51,416 |
252.8 |
9,196 |
|
Vanguard Intermediate-Term Corporate Bond ETF |
VCIT US |
17,818 |
82.9 |
7,134 |
|
Vanguard Total Stock Market ETF |
VTI US |
86,057 |
272.7 |
6,847 |
|
Vanguard Short-Term Corporate Bond ETF |
VCSH US |
21,763 |
100.0 |
5,819 |
|
iShares Core S&P Small-Cap ETF |
IJR US |
34,197 |
205.9 |
5,729 |
|
iShares MSCI Eurozone ETF |
EZU US |
14,539 |
259.1 |
4,784 |
|
Vanguard Value ETF |
VTV US |
34,360 |
110.1 |
4,543 |
|
iShares Core S&P Total U.S. Stock Market ETF |
ITOT US |
12,002 |
37.5 |
4,481 |
|
Vanguard FTSE Europe ETF |
VGK US |
17,879 |
142.4 |
4,459 |
|
Vanguard Total Bond Market ETF |
BND US |
36,343 |
169.8 |
4,423 |
|
PowerShares QQQ |
QQQ US |
57,382 |
3,704.9 |
4,139 |
|
Vanguard Short-Term Bond ETF |
BSV US |
23,407 |
89.5 |
3,784 |
Similarly, the top 10 ETPs by net new assets collectively gathered US$7.24 Bn year-to-date during 2017.
Top 10 ETPs by net new assets: US
|
Name |
Ticker |
Assets |
ADV |
NNA |
|
iShares Gold Trust |
IAU US |
9,568 |
119.6 |
1,549 |
|
SPDR Gold Trust |
GLD US |
34,731 |
762.1 |
1,274 |
|
VelocityShares Daily 3x Long Natural Gas ETN |
UGAZ US |
908 |
236.2 |
1,163 |
|
iPath S&P 500 VIX Short-Term Futures ETN |
VXX US |
1,052 |
1,095.1 |
958 |
|
ProShares Ultra VIX Short-Term Futures |
UVXY US |
407 |
435.7 |
744 |
|
VelocityShares Daily 2x VIX Short Term ETN |
TVIX US |
272 |
136.6 |
574 |
|
FI Enhanced Global High Yield ETN |
FIHD US |
995 |
3.3 |
279 |
|
United States Natural Gas Fund LP |
UNG US |
564 |
53.9 |
247 |
|
FI Large Cap Growth Enhanced ETN |
FLGE US |
1,549 |
3.1 |
230 |
|
iShares S&P GSCI Commodity-Indexed Trust |
GSG US |
1,267 |
3.1 |
221 |
US-listed Equity ETFs/ETPs saw net inflows of $38.9 Bn in October, bringing year-to-date net inflows to $266 Bn, which is greater than the net inflows of $67 Bn over the same period last year. Fixed income ETFs and ETPs experienced net inflows of $8.37 Bn in October, growing year-to-date net inflows to $100 Bn, which is greater than the same period last year, which saw net inflows of $71.7 Bn.
###
Attribution Policy: 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 on trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com.
About ETFGI
ETFGI is an independent research and consultancy firm launched in 2012 in London offering consulting services and paid for research subscription services. Our service is the only global offering of monthly reports covering each region of the world where ETFs, ETPs are listed, a monthly directory and monthly fact sheets along with a database covering all global products plus you receive insights from us.
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.
Contact:
Deborah Fuhr
Managing Partner
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
Web: www.etfgi.com
Twitter: @deborahfuhr
LinkedIn: ETF Network
LinkedIn: Women In ETFs