ETFGI reports assets invested in ETFs and ETPs listed in Europe reached a record US$1.36 trillion at the end of Q1 2021
LONDON —April 29, 2021 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed in Europe reported net inflows of US$17.78 billion during March, bringing year-to-date Q1 net inflows to a record US$60.44 billion surpassing the prior record of US$35.35 billion gathered in Q1 2017. Assets invested in the European ETFs and ETPs industry have increased by 2.3%, from US$1.33 trillion at the end of February, to US$1.36 trillion, according to ETFGI's March 2021 European ETFs and ETPs industry landscape insights report, the monthly report that is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
- Record $1.36 trillion invested in the ETFs and ETPs listed in Europe at the end of Q1 2021.
- Record Q1, YTD net inflows of $60.44 Bn much higher than the prior record of $35.35 billion gathered in Q1 2017.
- Equity ETFs and ETPs listed in Europe attracted the highest inflows among asset classes in March and Q1
The S&P 500® gained 4.4% in March and 6.2% in Q1, supported by the increasing pace of COVID-19 vaccinations and continued monetary and fiscal support. Global equities gained 2.5% in March and 5.2% in Q1, as measured by the S&P Global BMI. 38 of the 50 countries advanced during the month and 35 were positive at the end of Q1. Developed markets ex-U.S. gained 2.3% in USD terms in March and 4.0% in Q1. Emerging markets were down 1.6% in USD terms in March and up 2.8% in Q1, as measured by the S&P Emerging BMI. “According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Europe ETFs and ETPs asset growth as at the end of March 2021
The European ETFs and ETPs industry had 2,393 ETFs/ETPs, with 9,139 listings, assets of $1.36 Tn, from 82 providers listed on 29 exchanges in 24 countries at the end of Q1 2021.
Equity ETFs/ETPs listed in Europe reported net inflows of $22.10 Bn during March, bringing net inflows for the Q1 2021 to $57.32 Bn, much higher than the $3.87 Bn in net outflows equity products had in Q1 2020. Fixed income ETFs/ETPs listed in Europe had net outflows of $3.07 Bn during March, taking net inflows for the year to $645 Mn, greater than the $4.55 Bn in net outflows fixed income products had reported at this point in 2020. Commodity ETFs/ETPs reported $2.29 Bn in net outflows, bringing net inflows to $579 Mn for 2021, which is lower than the $7.69 Bn in net inflows gathered over the same period in 2020. Active ETFs/ETPs listed in Europe reported net inflows of $588 Mn, bringing net inflows for the year 2021 to $562 Mn, significantly higher than the $799 Mn in net outflows active products had attracted year to date in 2020.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $15.77 Bn during March. The iShares Edge MSCI USA Value Factor UCITS ETF - Acc (IUVL LN) gathered $1.74 Bn the largest net inflows.
Top 20 ETFs by net inflows in March 2021: Europe
Name |
Ticker |
Assets |
NNA |
NNA |
iShares Edge MSCI USA Value Factor UCITS ETF - Acc |
IUVL LN |
4,907.41 |
2,300.66 |
1,735.41 |
Lyxor MSCI World Financials TR UCITS ETF - C-USD - Acc |
FINW LN |
1,392.34 |
1,383.00 |
1,383.00 |
Xtrackers S&P 500 Equal Weight UCITS ETF (DR) - 1C - Acc |
XDEW GY |
5,441.54 |
2,673.49 |
1,372.74 |
iShares Edge MSCI World Value Factor UCITS ETF - Acc |
IWVL LN |
5,167.70 |
1,465.94 |
1,176.64 |
Xtrackers MSCI World Energy Index UCITS ETF (DR) - Acc |
XDW0 GY |
1,410.17 |
1,200.35 |
1,170.70 |
Xtrackers MSCI Emerging Markets Index UCITS ETF - Acc |
XMME GY |
5,352.58 |
1,355.19 |
1,083.29 |
iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF - Acc |
MVEA NA |
1,443.69 |
1,059.64 |
1,050.66 |
iShares Edge MSCI USA Momentum Factor UCITS ETF - Acc |
IUMO LN |
1,904.12 |
1,122.42 |
1,031.25 |
iShares Core MSCI World UCITS ETF - Acc |
IWDA LN |
32,260.74 |
1,849.66 |
686.19 |
HSBC MSCI Canada UCITS ETF |
HCAN LN |
644.44 |
619.81 |
619.81 |
iShares China CNY Bond UCITS ETF |
CNYB NA |
5,602.72 |
1,706.34 |
575.76 |
iShares Edge MSCI Europe Value Factor UCITS ETF |
IEFV LN |
2,856.92 |
758.54 |
532.76 |
iShares MSCI Europe UCITS ETF EUR (Acc) - Acc |
SMEA LN |
5,055.60 |
743.78 |
521.49 |
Vanguard FTSE 250 UCITS ETF |
VMID LN |
3,817.96 |
689.65 |
481.23 |
Deka MSCI USA Climate Change ESG UCITS ETF |
D6RQ GY |
654.26 |
509.46 |
427.76 |
Vanguard Global Aggregate Bond UCITS ETF - GBP Hdg - Acc |
VAGS LN |
1,526.83 |
543.27 |
399.02 |
UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis |
UBU5 GY |
1,394.04 |
553.04 |
394.75 |
Invesco MSCI USA UCITS ETF - Acc |
SMSUSA GY |
2,441.17 |
517.89 |
388.06 |
iShares $ Treasury Bond 1-3yr UCITS ETF |
IBTS LN |
3,267.64 |
193.26 |
372.87 |
Invesco MSCI USA ESG Universal Screened UCITS ETF - Acc |
ESGU LN |
527.16 |
393.74 |
367.86 |
The top 10 ETPs by net new assets collectively gathered $827 Mn during March. The BTCetc - Bitcoin ETP - Acc (BTCE GY) gathered $198 Mn the largest net inflows.
Top 10 ETPs by net inflows in March 2021: Europe
Name |
Ticker |
Assets |
NNA |
NNA |
BTCetc - Bitcoin ETP - Acc |
BTCE GY |
1,302.67 |
508.15 |
198.02 |
WisdomTree Precious Metals - EUR Daily Hedged - Acc |
00XQ GY |
124.64 |
14.52 |
129.45 |
Xtrackers IE Physical Gold ETC Securities - Acc |
XGDU LN |
365.53 |
125.89 |
113.67 |
WisdomTree Physical Swiss Gold - Acc |
SGBS LN |
3,334.77 |
85.54 |
105.84 |
WisdomTree Copper - Acc |
COPA LN |
545.11 |
161.83 |
72.27 |
WisdomTree Industrial Metals - Acc |
AIGI LN |
368.75 |
159.72 |
60.09 |
Xetra Gold EUR - Acc |
4GLD GY |
12,133.02 |
275.49 |
46.15 |
WisdomTree Physical Silver - Acc |
PHAG LN |
2,384.35 |
194.46 |
40.54 |
WisdomTree Aluminium - Acc |
ALUM LN |
100.40 |
55.31 |
30.70 |
WisdomTree Bitcoin - Acc |
BTCW SW |
375.37 |
39.02 |
29.81 |
Investors have tended to invest in Equity ETFs and ETPs during March.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
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Register now for the ETFGI Global ETFs Insights Summit - United States, a virtual event on May 19th and 20th.
Exciting line up of speakers, topics, and virtual networking! View the speakers and topics and register here. Free attendance and educational credits for buyside institutional investors and financial advisors. Receive a free copy of the end of Q1 2021 ETFGI directory of ETFs and ETPs.
The event is designed to facilitate substantive and in-depth discussion on the regulatory, product and trading developments impacting the use of and trading of ETFs in the United States.
Confirmed speakers:
- Rochelle Shelly Antoniewicz, Senior Director, Industry and Financial Analysis, Investment Company Institute, ICI
- Jeffrey B. Baccash, Global Head of ETF Solutions, BNP Paribas
- Vincent Deluard, Director - Global Macro Strategy, StoneX
- Dan Draper, CEO, S&P Dow Jones Indices
- Deborah Fuhr, Managing Partner, Founder, ETFGI
- Stacy Fuller, Partner, K&L Gates
- Jennifer Grancio, Chief Executive Officer, Engine No. 1
- John Jacobs, Executive Director, Center for Financial Markets and Policy, McDonough School of Business, Georgetown University
- David LaValle, CEO, Alerian
- Matt Lewis, VP, Head of ETF Implementation and Capital Markets, American Century Investments
- Dan Madden, Head of Capital Markets, FlexShares Exchange Traded Funds
- Kevin D. Mahn, President & Chief Investment Officer, Hennion & Walsh Asset Management
- Kathleen Moriarty, Partner, Chapman and Cutler LLP
- Barry Pershkow, Partner, Chapman and Cutler LLP
- Eric Pollackov, Global Head of ETF Capital Markets, Invesco
- Fred Pye, Chairman & CEO, 3iQ Corp.
- Amanda Rebello, Head of Passive Sales, US Onshore, DWS
- Rick Redding, CEO, Index Industry Association
- Edward Rosenberg, Senior Vice President, Head of ETFs, American Century Investments
- Kimberly Russell, Vice President, Market Structure Specialist, State Street Global Advisors SPDR
- Adam Stempel, Director, BMO Capital Markets
- Diana van Maasdijk, Co-Founder & Executive Director, Equileap
- Lorraine Wang, Founder & CEO, GAMMA Investing
Topics include:
- Lessons learned in 2020
- An Appraisal of Regulatory Issues Impacting Market Structure and ETF Trading
- Creating Better Trading Systems and Tools for ETFs
- Hot ETFs Regulatory Topics
- Future of Indexing
- Sustainable Finance and ESG regulations in the US and Europe
- Creating ESG Indices
- Investing in Digital Assets
- Examination of the State of Active ETFs
- Global Macro Outlook
- Update on Flows & Trends in the Global ETF Industry
- How Are Institutions and Financial Advisors Using ETFs?
- How are Investors Integrating ESG into their Portfolios
- Future Trends in the ETF Industry
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Please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova margareta.hricova@etfgi.com if you have any questions or are interested in sponsoring or speaking at any of the upcoming events.
We look forward to seeing you at the event.
Best regards, Deborah and Margareta
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