ETFGI reports the ETFs industry in the United States gathered US$90.66 billion in net inflows in October 2022

 

LONDONNovember 22, 2022 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the ETFs industry in the United States gathered net inflows of US$90.66 billion during October, bringing year-to-date net inflows to US$502.72 billion. During the month, assets invested in US ETF/ETP industry increased by 7.2%, from US$5.91 trillion at the end of September to US$6.33 trillion in October 2022, according to ETFGI's October 2022 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

  • ETFs industry in the United States gathered Net inflows of $90.66 Bn in October.
  • YTD net inflows of $502.72 Bn in 2022 are the second highest on record, after YTD net inflows of $732.73 Bn in 2021.
  • 6th month of consecutive net inflows.
  • Assets of $6.33 Tn invested in ETFs industry in the United States at the end of October.
  • Assets decreased 12.2% YTD in 2022, going from $7.21 Tn at end of 2021 to $6.33 Tn.

“The S&P 500 increased by 8.10 % in October but is down by 17.70% YTD in 2022. Developed markets excluding the US increased by 5.33% in October but are down 23.78% YTD in 2022. Norway (up 11.51%) and Ireland (up 10.52 %) saw the largest increases amongst the developed markets in October. Emerging markets decreased by 3.54% during October and are down 26.60% YTD in 2022. China (down 14.74%) saw the largest decrease amongst emerging markets in October.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

 

Growth in US ETF and ETP assets as of the end of October 2022

 

The ETFs industry in the United States had 3,046 products, assets of US$6.332 trillion, from 266 providers listed on 3 exchanges at the end of October.

During October, ETFs/ETPs gathered net inflows of $90.66 Bn. Equity ETFs/ETPs gathered net inflows of $58.07 Bn during October, bringing YTD net inflows to $259.50 Bn, lower than the $499.47 Bn in net inflows equity products had attracted at this point in 2021. Fixed income ETFs/ETPs reported net inflows of $28.77 Bn during October, bringing net inflows for the year through October 2022 to $147.94 Bn, higher than the $143.34 Bn in net inflows fixed income products had attracted by the end of October 2021. Commodities ETFs/ETPs reported net outflows of $2.61 Bn during October, bringing YTD net outflows to $4.89 Bn, which is less than the $10.52 Bn in net outflows commodities products reported year to date in 2021. Active ETFs/ETPs attracted net inflows of $6.69 Bn over the month, gathering net inflows for the year in the US of $75.89 Bn, lower than the $89.99 Bn in net inflows active products had reported by the end of October 2021.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $42.58 Bn during October. SPDR S&P 500 ETF Trust (SPY US) gathered $14.55 Bn, the largest individual net inflow.

Top 20 ETFs by net new assets October 2022: US

Name

Ticker

Assets
($ Mn)
 Oct-22

NNA
($ Mn)
 YTD-22

NNA
($ Mn)
Oct-22

SPDR S&P 500 ETF Trust

SPY US

372,030.26

(8,688.48)

14,546.60

iShares Core S&P 500 ETF

IVV US

291,353.35

21,207.96

4,443.99

Vanguard S&P 500 ETF

VOO US

264,891.29

40,282.25

3,773.37

iShares iBoxx $ Investment Grade Corporate Bond ETF

LQD US

34,812.22

5,054.12

3,389.28

Vanguard Tax-Exempt Bond Index ETF

VTEB US

20,758.63

8,008.39

3,354.87

SPDR Bloomberg Barclays High Yield Bond ETF

JNK US

8,577.05

316.10

3,267.92

Vanguard Total Stock Market ETF

VTI US

259,193.21

21,945.54

2,728.58

iShares MBS ETF

MBB US

21,890.88

88.71

2,247.62

iShares 0-5 Year High Yield Corporate Bond ETF

SHYG US

6,977.10

1,998.89

2,135.78

WisdomTree Floating Rate Treasury Fund

USFR US

11,866.03

10,026.50

2,127.28

iShares U.S. Technology ETF

IYW US

8,014.40

1,037.19

2,024.73

iShares Edge MSCI USA Momentum Factor ETF

MTUM US

12,257.28

26.05

1,982.09

iShares National Muni Bond ETF

MUB US

28,919.00

7,160.32

1,812.16

iShares 20+ Year Treasury Bond ETF

TLT US

24,303.65

13,796.14

1,660.41

iShares Core Total USD Bond Market ETF

IUSB US

18,170.40

4,795.91

1,579.97

iShares iBoxx $ High Yield Corporate Bond ETF

HYG US

14,228.91

(4,988.80)

1,389.75

Schwab US Dividend Equity ETF

SCHD US

40,703.47

12,224.66

1,257.38

iShares Core S&P Mid-Cap ETF

IJH US

61,951.77

3,668.12

1,195.20

JPMorgan Equity Premium Income ETF

JEPI US

14,548.44

9,928.83

1,077.07

iShares MSCI Emerging Markets Min Vol Factor ETF

EEMV US

7,507.44

4,877.79

1,060.46

 

The top 10 ETPs by net assets collectively gathered $946.75 Mn during October. iShares Silver Trust (SLV US) gathered $294.12 Mn, the largest individual net inflow.

Top 10 ETPs by net new assets October2022: US

Name

Ticker

Assets
($ Mn)
Oct-22

NNA
($ Mn)
YTD-22

NNA
($ Mn)

Oct-22

ProShares Ultra DJ-UBS Natural Gas

BOIL US

510.81

250.01

269.93

Invesco DB US Dollar Index Bullish Fund

UUP US

2,295.89

1,354.69

252.40

SPDR Gold MiniShares Trust

GLDM US

4,694.39

912.82

147.76

United States Natural Gas Fund LP

UNG US

551.99

(25.10)

138.69

MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038

FNGU US

487.56

369.93

56.29

MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs

NRGD US

92.72

173.61

52.85

iShares Silver Trust

SLV US

9,258.66

(705.61)

40.94

United States Brent Oil Fund LP

BNO US

257.45

(73.25)

36.66

ProShares UltraShort DJ-UBS Crude Oil

SCO US

335.31

314.78

33.90

Invesco CurrencyShares Swiss Franc Trust

FXF US

218.56

(4.85)

22.53


 Investors have tended to invest in Equity ETFs/ETPs during October.

 

Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.

##


 

 

Additional Speakers announced for the 4th Annual ETFGI Global ETFs Insights Summit, Canada, in person in Toronto on Nov 30th & Dec 1st virtual. Register Now

Nov 30th - day 1 - In person from 8:30am – 6:45pm ET including a drinks reception at Borden Ladner Gervais LLP's Toronto office. Full day event free for IFAs and institutional investors – spaces are allocated on a first come basis as spaces are limited.

Dec 1st - day 2 - virtual panel discussions on our virtual event platform.
If you can't attend on the day, register anyway and you'll receive recordings of all the sessions.

The summit is designed to provide the opportunity for IIROC and MFDA advisors, and traders, portfolio managers, CIOs at buyside institutional investor to examine how ETFs are being selected, used and traded. Hear panel discussions on the business, technological, and regulatory developments impacting trading, best execution, ESG, crypto and Client Focused Reforms that are impacting investors.

This event will bring together leaders from across the ETF industry, including ETF sponsors, exchanges, broker-dealers, institutional investors, regulators, and other market participants.

 


DAY 1 Agenda, Wednesday, November 30th

 

*Please note that all times listed are Eastern Time
 
8:30am – 9:00am Registration & Welcome Coffee
 
9:00am - 9:05am Welcoming Remarks
 
9:05am – 9:50am How Regulations are Impacting Market Structure and ETF Trading
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Rizwan Awan, President Equity Trading and Head of TMX Markets Products & Services, TMX Group
Kevin Gopaul, Global Head of ETFs, BMO Global Asset Management
Patrick McEntyre, Managing Director, Electronic Trading & Services, National Bank Financial
Jos Schmitt, President & CEO, NEO Group
 
9:50am – 10:15am Global Macro Outlook
 
10:15am – 10:40am What You Need to Know About Covered Call ETFs
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Trevor Cummings, CIMA, Vice President, ETF Distribution, TD Asset Management Inc.
 
10:40am – 11am Networking Break
 
11am – 11:30am How Regulatory Changes are Impacting ETFs in Canada
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Raymond Chan, Director of the Investment Funds and Structured Products Branch (IFSP), Ontario Securities Commission
Roma Lotay, Partner, Borden Ladner Gervais LLP
 
11:30am – 11:50am Tax Update for Investors in Canada
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Joseph Micallef, FCPA, FCA, Partner, Tax – National Tax Leader Financial Services & Asset Management, KPMG
Grace Pereira, Partner, Borden Ladner Gervais LLP
 
11:50am – 12:25pm ETF Trading Trends
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Alex Perel, CFA, Head of ETF Services, Scotiabank
Kevin Law, Head of Canadian ETF Trading, Virtu ITG Canada Corp.
 
12:25pm – 1:10pm Lunch and Panel Discussion
Women in ETFs – Managing Career Transitions
Moderator: Pat Dunwoody, Executive Director, Canadian ETF Association
 
1:10pm – 1:35pm Trends in the ETF industry ETFGI Research
Deborah Fuhr, Managing Partner, Founder, ETFGI
 
1:35pm – 2:05pm How Are Institutions and Financial Advisors Using ETFs
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Roger Chandhok, Director, Global Equity Derivatives, ETF Sales & Trading, National Bank Financial Markets
Megan France, Director, ETF Business Development, CIBC Capital Markets
Greg Walker, Director, ETF Capital Markets & Strategic Partnerships, BMO Global Asset Management
 
2:05pm – 2:35pm Update on the Canadian ETF Market Landscape
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Raj Lala, CEO, Evolve ETFs
Ronald Landry, Head of Product and Canadian ETF Services, CIBC Mellon
Daniel Straus, Ph.D., M.Fin., Director of ETF Research, National Bank of Canada Financial Markets
 
2:35pm – 3:20pm ETF Industry Outlook / Future Trends
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Mark Noble, Executive Vice President, ETF Strategy, Horizons ETFs (Canada) Inc.
Som Seif, CEO, Purpose Unlimited
 
3:20pm – 3:45pm Advantage of Transparency and Advocacy (ESG)
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Laura Tase, Director BMO ETFs, BMO Global Asset Management
 
3:35pm – 4:05pm Networking Break
 
4:05pm – 4:35pm The Gender Gap in Wealth Management
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Lisa Langley, CEO, Emerge Canada
 
4:35pm – 5:05pm Now is the Time for Fixed Income ETFs
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Sandy Liang, Head of Fixed Income, Purpose Investments
Mark Raes, MD, Head of Product, BMO Global Asset Management
Mary Jane Young, Director, Head of ETF Trading, TD Securities
 
5:05pm – 5:35pm Trade Ideas for Income and Equities: Ideas for a Recession or Recovery
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI
Daniela Fajardo Garcia, Associate, ETF Services Team, Scotiabank
Hussein Rashid, Director, ETF Institutional Sales, TD Securities
 
5:35pm – 5:40pm Closing Remarks
 
5:40pm – 6:45pm Networking Drinks Reception
 

🆓    Free registration for buy side institutional investors and financial advisors📚   CPD educational credits 🎧   Session recordings - If you cannot attend on the day, register anyway and you will receive the links to the session recordings. You will also receive access to last year's session recordings.


                                                                                                  


Please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova margareta.hricova@etfgi.com if you interested in speaking, sponsoring or have any questions about any of our upcoming events.



    Contact: 
    Deborah Fuhr 
    Managing Partner, Founder 
    ETFGI 
    Mobile: +44 777 5823 111 
    Email: deborah.fuhr@etfgi.com 
    Web: www.etfgi.com 

    Connect on:
    Deborah Fuhr Twitter | LinkedIn 
    ETFGI Twitter | LinkedIn | Website
    ETFs Network LinkedIn 
    ETF TV Twitter | LinkedIn | Website
    Women in ETFs, Board member and founder  
    Women in ETFs Twitter | LinkedIn | Website



    Disclaimer  

    This message is intended solely for the addressee and may contain confidential information.  If you have received this message in error, please send it back to us, and immediately and permanently delete it. Do not use, copy or disclose the information contained in this message or in any attachment.
    ETFGI LLP is a limited liability partnership registered in England and Wales with registered number OC372221. Registered address is 130 Jermyn Street, 6th Floor, St James’s, London SW1Y 4UR. 
     
    ETFGI LLP has taken every reasonable precaution to ensure that any attachment to this e-mail has been swept for viruses. However, we cannot accept liability for any damage sustained as a result of software viruses and would advise that you carry out your own virus checks before opening any attachment.