ETFGI reports assets invested in ETFs and ETPs listed in the US reached a new high of $3.63 trillion at the end of July 2018

ETFGI PRESS RELEASE:

ETFGI reports assets invested in ETFs and ETPs listed in the US reached a new high of $3.63 trillion at the end of July 2018

13 August 2018

LONDON — August 13, 2018 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in the US reached a new high of US$3.63 Tn in assets, following net inflows of US$28.60 Bn in July, according to ETFGI’s July 2018 US 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 in the US reached a record $3.63 Tn at the end July
  • Net new assets gathered by ETFs/ETPs listed in the US were $28.60 Bn in July
  • Equity products gathered the largest net inflows during July with $18.75 Bn, while commodity ETFs/ETPs experienced the largest net outflows with $1.08 Bn

 “Investors favoured equities over fixed income and commodities as equity markets have performed positively in July. The S&P 500 gained 3.72%, international markets ex US were up 1.93% and emerging markets up 2.81%.  Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.

At the end of July 2018, the US ETF/ETP industry had 2,174 ETFs/ETPs, with 2,174 listings, assets of $3.63 Tn, from 140 providers listed on 3 exchanges. Due to net inflows and market moves the assets invested in ETFs/ETPs listed in the US increased by 3.09%, from $3.52 Tn in June 2018 to $3.63 Tn.

Growth in US Listed ETF and ETP assets as of the end of July 2018

 

 

 

Name

Ticker

Assets
(US$ Mn)
 Jul-18

ADV
(US$ Mn)
Jul-18

NNA
(US$ Mn)
YTD 2018

NNA
(US$ Mn)
Jul-18

SPDR S&P 500 ETF Trust

SPY US

273,642

17,676

(9,906)

6,540

JPMorgan BetaBuilders Japan ETF

BBJP US

1,746

85

1,726

1,716

Vanguard Value ETF

VTV US

42,083

209

4,618

1,540

iShares iBoxx $ High Yield Corporate Bond ETF

HYG US

15,706

970

(1,764)

1,513

iShares Core MSCI Emerging Markets ETF

IEMG US

49,112

721

9,383

1,411

Schwab US Large-Cap ETF

SCHX US

14,216

106

2,080

1,075

Vanguard Total Stock Market ETF

VTI US

101,802

316

4,401

1,057

Health Care Select Sector SPDR Fund

XLV US

17,015

577

(716)

942

iShares J.P. Morgan USD Emerging Markets Bond ETF

EMB US

13,662

302

2,158

933

iShares iBoxx $ Investment Grade Corp Bond ETF

LQD US

34,347

583

(2,983)

873

Vanguard Real Estate ETF

VNQ US

32,204

440

(1,903)

813

Industrial Select Sector SPDR Fund

XLI US

13,400

929

781

769

iShares Core S&P Mid-Cap ETF

IJH US

48,403

246

2,154

727

iShares Core U.S. Aggregate Bond ETF

AGG US

55,904

352

4,499

700

iShares Core S&P Small-Cap ETF

IJR US

44,992

341

4,275

648

Vanguard S&P 500 ETF

VOO US

94,799

585

5,973

644

SPDR Portfolio S&P 500 Growth ETF

SPYG US

3,295

54

1,897

557

Technology Select Sector SPDR Fund

XLK US

22,549

904

1,279

533

iShares Short Maturity Bond ETF

NEAR US

4,382

101

1,501

533

VanEck Vectors Gold Miners ETF

GDX US

8,651

826

1,718

527

 

Equity ETFs/ETPs listed in the US gathered net inflows of $18.75 Bn in July, bringing net inflows for 2018 to $89.77 Bn, less than the $190.11 Bn in net inflows at this point last year. 

Fixed Income ETFs and ETPs listed in the US gathered net inflows of $8.10 Bn in July, growing net inflows for 2018 to $46.59 Bn which is less than the $75.64 Bn in net inflows at this point last year.  

Commodity ETFs/ETPs listed in the US saw net outflow of $1.08 Bn in July, bringing net outflows for 2018 to $965 Mn, although still less than the $1.58 Bn in net outflows at this point last year.

The majority of net inflows in July can be attributed to the top 20 ETFs by net new assets, which collectively gathered $24.05 Bn. The SPDR S&P 500 ETF Trust (SPY US) gathered $6.54Bn the largest net inflows in July. 

Top 20 ETFs by net new assets July 2018: US

Name Ticker Assets
(US$ Mn)
 Jul-18
ADV
(US$ Mn)
Jul-18
NNA
(US$ Mn)
YTD 2018
NNA
(US$ Mn)
Jul-18
ProShares Ultra VIX Short-Term Futures UVXY US 632.3 275.5 119.7 398.9
VelocityShares Daily 3x Long Natural Gas ETN UGAZ US 456.3 123.4 (576.6) 179.5
iPath S&P 500 VIX Short-Term Futures ETN VXX US 811.6 1,026.2 (581.8) 121.9
iShares Silver Trust SLV US 5,081 122.5 139.4 111.8
Invesco DB Oil Fund DBO US 459.3 13.1 44.7 80.7
United States Natural Gas Fund LP UNG US 394.5 42.9 (299.6) 70.2
SPDR Gold MiniShares Trust GLDM US 87.9 4.6 64.7 62.2
VelocityShares 3x Silver ETN USLV US 361.7 32.9 144.6 58.4
ETFS Physical Platinum Shares PPLT US 477.5 10.3 (38.9) 51.7
Large Cap Growth Index-Linked ETN due 2028 FRLG US 251.8 3.7 243.2 47.6

 

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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
 
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Managing Partner 
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