ETFGI reports US ETFs industry gathered US$59.05 billion in net inflows in November 2022

 

LONDONDecember 16, 2022 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the US ETFs industry gathered US$59.05 billion of net inflows during November, bringing year-to-date net inflows to US$561.77 billion. During the month, assets invested in US ETF/ETP industry increased by 5.9%, from US$6.33 trillion at the end of October to US$6.71 trillion in November 2022, according to ETFGI's November 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

  • Net inflows of $59.05 Bn in November 2022.
  • YTD net inflows of $561.77 Bn in 2022 are the 2nd highest on record, after YTD net inflows of $803.40 Bn in 2021.
  • 7th month of consecutive net inflows.
  • Assets of $6.71 Tn invested in ETFs and ETPs listed in US at the end of November 2022.
  • Assets decreased 7.0% YTD in 2022, going from $7.21 Tn at end of 2021 to $6.71 Tn.

“The S&P 500 increased by 5.59 % in November but is down 13.10% YTD in 2022. Developed markets excluding the US increased by 10.63% in November but are down 15.67% YTD in 2022. Hong Kong (up 24.17%) and Netherlands (up 17.45%) saw the largest increases amongst the developed markets in November. Emerging markets increased by 13.26% during November but are down 16.86% YTD in 2022. China (up 27.38%) and Turkey (up 24.58%) saw the largest increases amongst emerging markets in November.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

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

 

The US ETFs industry had 3,077 products, assets of US$6.706 Tn, from 270 providers listed on 3 exchanges at the end of November.

During November, ETFs/ETPs gathered net inflows of $59.05 Bn. Equity ETFs/ETPs gathered net inflows of $24.31 Bn during November, bringing YTD net inflows to $283.81 Bn, lower than the $511.01 Bn in net inflows equity products had attracted at this point in 2021. Fixed income ETFs/ETPs had net inflows of $24.85 Bn during November, bringing net inflows for the year through November 2022 to $172.78 Bn, higher than the $154.10 Bn in net inflows fixed income products had attracted YTD in 2021. Commodities ETFs/ETPs reported net outflows of $1.22 Bn during November, bringing YTD net outflows to $6.11 Bn, less than the $9.17 Bn in net outflows commodities products had reported year to date in 2021. Active ETFs/ETPs attracted net inflows of $10.46 Bn over the month, gathering YTD net inflows of $86.35 Bn, lower than the $96.42 Bn in net inflows active products had reported YTD in 2021.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $33.20 Bn during November. Invesco QQQ Trust (QQQ US) gathered $4.09 Bn, the largest individual net inflow.

Top 20 ETFs by net new assets November 2022: US

Name

Ticker

Assets
($ Mn)
 Nov-22

NNA
($ Mn)
 YTD-22

NNA
($ Mn)
Nov-22

Invesco QQQ Trust

QQQ US

157,108.50

4,269.23

4,048.63

iShares iBoxx $ High Yield Corporate Bond ETF

HYG US

18,379.92

(1,174.86)

3,813.94

Vanguard Short-Term Corporate Bond ETF

VCSH US

41,588.38

3,046.77

2,228.18

Vanguard Tax-Exempt Bond Index ETF

VTEB US

23,790.01

10,106.90

2,098.50

Schwab US Dividend Equity ETF

SCHD US

45,063.57

13,925.88

1,701.22

iShares MSCI ACWI ETF

ACWI US

18,539.06

3,876.44

1,604.52

iShares Russell 2000 ETF

IWM US

56,058.10

(2,759.68)

1,551.65

JPMorgan Equity Premium Income ETF

JEPI US

16,715.55

11,479.03

1,550.20

iShares Core U.S. Aggregate Bond ETF

AGG US

80,722.82

1,515.87

1,544.76

iShares National Muni Bond ETF

MUB US

31,556.58

8,564.01

1,403.69

Invesco S&P 500 Equal Weight ETF

RSP US

33,437.09

5,062.61

1,349.93

Health Care Select Sector SPDR Fund

XLV US

43,303.23

7,927.83

1,267.58

Vanguard Total Stock Market ETF

VTI US

274,582.72

23,202.76

1,257.22

iShares Core S&P Mid-Cap ETF

IJH US

65,560.08

4,838.73

1,170.61

iShares 20+ Year Treasury Bond ETF

TLT US

27,149.80

14,962.20

1,166.06

SPDR Bloomberg Barclays High Yield Bond ETF

JNK US

9,852.44

1,433.56

1,117.47

Vanguard Total Bond Market ETF

BND US

83,532.21

12,078.17

1,113.61

Vanguard Intermediate-Term Treasury ETF

VGIT US

13,627.69

5,312.79

1,094.92

Vanguard Growth ETF

VUG US

74,117.27

8,838.19

1,071.97

iShares Short-Term Corporate Bond ETF

IGSB US

22,658.60

1,280.08

1,040.73

 

The top 10 ETPs by net assets collectively gathered $1.15 Bn during November. United States Oil Fund LP (USO US) gathered $304.78 Mn, the largest individual net inflow.

Top 10 ETPs by net new assets November2022: US

Name

Ticker

Assets
($ Mn)
Nov-22

NNA
($ Mn)
YTD-22

NNA
($ Mn)

Nov-22

United States Oil Fund LP

USO US

2,352.84

(802.57)

304.78

ProShares Ultra VIX Short-Term Futures

UVXY US

730.67

(58.36)

262.37

ProShares UltraShort DJ-UBS Natural Gas

KOLD US

310.34

338.88

181.18

ProShares Ultra DJ-UBS Crude Oil

UCO US

877.48

(840.79)

88.16

ProShares Short VIX Short-Term Futures

SVXY US

486.45

76.48

85.45

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

FNGU US

716.23

449.33

79.40

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

NRGD US

143.38

231.39

57.77

iPath Series B S&P 500 VIX Short-Term Futures ETN

VXX US

363.53

(489.69)

39.11

ProShares VIX Short-Term Futures ETF

VIXY US

294.93

28.34

32.16

United States Brent Oil Fund LP

BNO US

266.66

(48.94)

24.31


 Investors have tended to invest in Fixed Income ETFs/ETPs during November.

 

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

##

     


              🎧   Session recordings - Register to watch the session recordings from our 2022 events.
 

                                                  2022 ETFGI Global ETFs Insights Summits: 

                2nd ESG & Active ETFs Trends, March 23th & 24th Watch the session recordings
                3rd Annual Latin America, April 27th & 28th Watch the session recordings
                3rd Annual Europe & MEA, September 14-16 Watch the session recordings 
                3rd Annual Asia Pacific, October 12 - 13 Watch the session recordings
                3rd Annual USA, November 15 - 16  Watch the session recordings
                4th Annual Canada, November 30 - December 1 Watch the session recordings

 

                                                2023 ETFGI Global ETFs Insights Summits: 
 
                                           4th Annual Latin America, Register your interest here
                                           4th Annual Europe & MEA, Register your interest here
                                           4th Annual Asia Pacific, Register your interest here
                                           4th Annual USA, Register your interest here
                                           5th Annual Canada, Register your interest here



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.