ETFGI reports today that assets invested in ETFs and ETPs listed in US reached a record high of US$4.05 trillion in September 2019
LONDON — October 17, 2019 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in US gathered net inflows of US$49.72 billion in September, bringing year-to-date net inflows to US$196.13 billion. Assets invested in the US ETF/ETP industry have increased by 2.2%, from US$3.96 trillion at the end of August, to US$4.05 trillion, according to ETFGI's September 2019 US ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
• Assets invested in the US ETF/ETP industry stood at a record $4.05 trillion.
• Asset invested in the US ETF/ETP industry increased 2.2% in September.
• September 2019, ETFs/ETPs listed in US gathered $49.72 billion in net inflows.
“The S&P 500 gained 1.9% during September despite slowing economic growth, ongoing trade disputes and a presidential impeachment inquiry. Shifting the focus to the S&P Developed ex-U.S. BMI, the index was up 3.0%, as 23 of 25 countries gained during the month; the highest gainer in the month was Korea (up 6.4%), while Hong Kong continued to decline (down 0.8%). From an Emerging Markets standpoint, the S&P Emerging BMI gained 1.4%, with 15 of the 23 reporting gains. Globally, equities reclaimed prior month losses, gaining 2.1%, as measured by the S&P Global BMI (38 out of 50 countries reporting gains).” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
At the end of September 2019, the US ETF/ETP industry had 2,303 ETFs/ETPs, with 2,303 listings, assets of $4.045 trillion, from 149 providers on 3 exchanges.
In September 2019, ETFs/ETPs gathered net inflows of $49.72 billion. Equity ETFs/ETPs listed in US gathered the largest net inflows of $31.88 billion in September, bringing YTD net inflows for 2019 to $74.57 billion, considerably less than the $137.93 billion in net inflows Equity products had attracted for the corresponding period to September 2018. Fixed Income ETFs/ETPs listed in US attracted net inflows of $12.44 billion in September, bringing YTD net inflows for 2019 to $96.39 billion, substantially more than the $56.16 billion in net inflows for the corresponding period to September 2018. Commodity ETFs/ETPs gathered $2.88 billion, bringing the YTD net inflows to $9.44 billion for 2019, which is significantly greater than the $3.83 billion in net outflows for the corresponding period to September 2018.
Substantial inflows can be attributed to the top 20 ETF's by net new assets, which collectively gathered $35.86 billion in September, the SPDR S&P 500 ETF Trust gathered $8.62 billion alone.
Top 20 ETFs by net new assets September 2019: US
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
SPDR S&P 500 ETF Trust |
SPY US |
274,225.69 |
(9,941.31) |
8,617.45 |
|
iShares Russell 2000 ETF |
IWM US |
43,639.24 |
(1,163.78) |
3,700.26 |
|
Vanguard Total Stock Market ETF |
VTI US |
121,199.19 |
10,126.96 |
2,984.41 |
|
Vanguard Total International Bond ETF |
BNDX US |
22,988.08 |
8,458.41 |
2,711.82 |
|
iShares Core S&P 500 ETF |
IVV US |
184,344.59 |
9,347.17 |
1,954.66 |
|
iShares 20+ Year Treasury Bond ETF |
TLT US |
18,404.23 |
7,378.45 |
1,885.52 |
|
iShares MSCI USA Minimum Volatility ETF |
USMV US |
35,135.99 |
11,191.79 |
1,615.68 |
|
iShares 3-7 Year Treasury Bond ETF |
IEI US |
9,125.28 |
716.02 |
1,391.32 |
|
iShares iBoxx $ High Yield Corporate Bond ETF |
HYG US |
18,177.39 |
3,989.12 |
1,209.84 |
|
iShares Intermediate-Term Corporate Bond ETF |
IGIB US |
8,326.08 |
2,473.21 |
1,172.98 |
|
Vanguard Intermediate-Term Corporate Bond ETF |
VCIT US |
25,024.07 |
4,695.52 |
1,141.44 |
|
SPDR Bloomberg Barclays High Yield Bond ETF |
JNK US |
10,428.16 |
3,119.88 |
1,108.31 |
|
Invesco QQQ Trust |
QQQ US |
74,717.03 |
175.48 |
879.28 |
|
First Trust Financial AlphaDEX Fund |
FXO US |
1,796.14 |
769.17 |
864.82 |
|
Vanguard Total Bond Market ETF |
BND US |
45,465.17 |
6,495.70 |
851.96 |
|
iShares Trust iShares ESG MSCI USA ETF |
ESGU US |
1,151.22 |
986.75 |
848.55 |
|
Vanguard Dividend Appreciation ETF |
VIG US |
38,544.01 |
2,933.49 |
831.56 |
|
iShares Floating Rate Bond ETF |
FLOT US |
9,900.79 |
(1,527.53) |
732.09 |
|
Vanguard Total International Stock Index Fund ETF |
VXUS US |
15,078.40 |
4,001.81 |
704.21 |
|
VanEck Vectors Gold Miners ETF |
GDX US |
11,147.62 |
(1,717.11) |
657.88 |
The top 10 ETP's by net new assets collectively gathered $4.28 billion in September. The SPDR Gold Shares gathered $2.11 billion alone.
Top 10 ETPs by net new assets September 2019:US
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
SPDR Gold Shares |
GLD US |
42,926.80 |
6,544.67 |
2,106.57 |
|
iShares Gold Trust |
IAU US |
16,352.83 |
2,951.11 |
789.09 |
|
iPath Series B S&P 500 VIX Short-Term Futures ETN |
VXX US |
989.89 |
1,025.63 |
385.78 |
|
VelocityShares Daily 2x VIX Short Term ETN |
TVIX US |
1,117.69 |
1,454.71 |
288.99 |
|
ProShares Ultra VIX Short-Term Futures |
UVXY US |
597.09 |
727.45 |
192.19 |
|
United States Oil Fund LP |
USO US |
1,426.84 |
(343.60) |
188.82 |
|
SPDR Gold MiniShares Trust |
GLDM US |
1,050.70 |
546.47 |
122.18 |
|
ProShares VIX Short-Term Futures ETF |
VIXY US |
299.36 |
250.61 |
92.72 |
|
VelocityShares 3x Inverse Crude Oil ETN |
DWT US |
251.38 |
213.38 |
69.90 |
|
VelocityShares Daily 3x Inverse Natural Gas ETN |
DGAZ US |
232.51 |
(269.70) |
38.50 |
Investors have tended to invest in Equity, Fixed Income, Active, and Gold ETFs and ETPs.
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Free registration is offered to all buyside investors and financial advisors. Early bird rates for all other attendees ends on October 18th. To view the agenda and register click Register here.
The summits are designed to provide the opportunity for institutional investors and financial advisors, to hear from the leading ETF issuers, banks, exchanges, law firms and others about investing, regulatory, liquidity, pricing, trading, and technological developments impacting ETFs, and the impact that ETFs have on the markets in the respective jurisdictions.
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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 covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, Founder, ETFGI website www.etfgi.com.
About ETFGI
ETFGI is an independent research, event and consultancy firm launched in 2012 in London by Deborah Fuhr. The firm offers paid for subscription research services, consulting services and events covering trends in the global ETF industry. ETFGI’s services are unique in their breadth and depth of coverage starting with the basic annual subscription service which provides monthly Global Industry Insight Landscape reports covering flows, trends and rankings in each region of the world where ETFs, ETPs are listed, a monthly directory and access to a database with fact sheets for all products listed and cross listed globally plus you receive insights from us. Visit www.etfgi.com to learn more.
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- ETFGI Global ETFs Insights Summits 2019 and 2020
• Toronto – December 2, 2019 click here to register - receive 6 hours FP Canada-Approved CE Credits
• New York – April 2, 2020 click here to register
• London – May 19, 2020 click here to register
• Toronto – September 2020
• Hong Kong – November 2020
If you are interested in sponsoring, speaking at or attending our upcoming events please contact deborah.fuhr@etfgi.com
ETF TV is a new show which provides insights into the use, trading, regulatory and product development trends for exchange traded funds ETFs and exchange traded products ETPs.
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Episode 9 of ETF TV features Sergey Dolomanov, Partner at WILLIAM FRY sharing his views on the value of ETFs being the delivery of better value and choice for investors and the development of active and ESG strategies with Hamish McArthur of ETF TV and Deborah Fuhr of ETFGI
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Please contact us at deborah.fuhr@etfgi.com if you would like further information on our services.
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 the ETF.com’s 2018’s Lifetime Achievement Award, 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” the first women’s group for the ETF industry. Founded in January 2014, WE is a non-profit organization that brings together over 5,000 members, including women and men, in chapters in major financial centers around the world to CONNECT, SUPPORT and INSPIRE. WE achieves this by organizing events at our chapters globally that support our goals of education, networking, philanthropy, and idea sharing across the industry and beyond. For more information, visit: www.womeninetfs.com
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