ETFGI reports the ETFs industry in Europe gathered net inflows of US$15.07 billion in April 2023

LONDON — May 18, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that ETFs industry in Europe gathered net inflows of US$15.07 billion during April, bringing year-to-date net inflows to US$57.62 billion. During the month, assets invested in the ETFs industry in Europe increased by 2.0% from US$1.55 trillion at the end of March to US$1.58 trillion, according to ETFGI's April 2023 European 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 Europe gathered net inflows of $15.07 Bn in April.
  • YTD net inflows in 2023 of $57.62 Bn are third highest on record, after YTD net inflows of $78.84 Bn in 2021 and YTD net inflows of $66.83 in 2022.
  • 7th month of consecutive net inflows.
  • Assets of $1.58 Tn invested in ETFs industry in Europe at the end of April.
  • Assets have increased 11.5% YTD in 2023, going from $1.42 Tn at end of 2022 to $1.58 Tn.

“The S&P 500 increased by 1.56 % in April and was up by 9.17% in 2023. Developed markets excluding the US increased by 2.45% in April and were up 10.41% in 2023. Switzerland (up 6.41%) and United Kingdom (up 5.28%) saw the largest increases amongst the developed markets in April. Emerging markets decreased by 0.50% during April and were up 2.38% in 2023. Turkey (down 4.79%) and Thailand (down 4.69%) saw the largest decreases amongst emerging markets in April.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

Europe ETFs and ETPs asset growth as at the end of April 2023

The ETFs industry in Europe had 2,949 products, with 11,906 listings, assets of $1.581 trillion, from 99 providers listed on 29 exchanges in 24 countries at the end of April. 

During April, ETFs in Europe gathered net inflows to $15.07 billion. Equity ETFs gathered net inflows of 
$8.10 Bn April, bringing YTD net inflows to $31.15 Bn, lower than the $45.54 Bn YTD net inflows in 2022. Fixed income ETFs reported net inflows of $6.89 Bn during April, bringing YTD net inflows in 2023 to $22.36 Bn, higher than the $11.31 Bn YTD net inflows in 2022. Commodities ETFs/ETPs reported net outflows of $22 Mn during April, bringing YTD net inflows to $1.66 Bn, much lower than the $9.04 Bn in YTD net inflows in 2022. Active ETFs attracted net inflows of $145 Mn over the month, gathering YTD net inflows of $2.32 Bn, much higher than the $675 Mn in net inflows YTD in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $12.10 Bn during April. Amundi MSCI World III (AHYQ GY) gathered $3.61 Bn, the largest individual net inflow.

Top 20 ETFs by net inflows in April 2023: Europe

Name

Ticker

Assets
($ Mn)
 Apr-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Apr-23

Amundi MSCI World III

AHYQ GY

                 3,607.76

     3,680.96

          3,611.29

iShares Core € Corp Bond UCITS ETF

IEBC LN

               14,185.46

     2,152.79

          1,208.64

Xtrackers MSCI USA Financials Index UCITS ETF DR

XUFN GY

                    963.46

        642.73

             764.72

iShares Core MSCI World UCITS ETF - Acc

IWDA LN

               51,989.89

     2,746.41

             623.19

Xtrackers MSCI AC World ESG Screened UCITS ETF

XMAW GY

                 2,413.67

        896.78

             604.99

Xtrackers II EUR Corporate Bond UCITS ETF DR - Acc

XBLC GY

                 3,612.15

     1,159.79

             572.36

Xtrackers MSCI World ESG UCITS ETF  - 1C - Acc

XZW0 LN

                 3,626.34

        591.31

             478.65

UBS Lux Fund Solutions - Bloomberg Barclays Japan Treasury 1-3 Year Bond UCITS ETF - Acc

JT13 IM

                    787.54

        570.91

             453.19

iShares $ Treasury Bond 20+yr UCITS ETF

IBTL LN

                 4,155.83

        299.18

             433.14

UBS ETF (LU) MSCI United Kingdom UCITS ETF (GBP) A-acc - Acc

UKGBPB SW

                 2,359.05

        407.97

             362.10

UBS Lux Fund Solutions - MSCI Japan UCITS ETF (JPY) A-dis

JPNCHA SW

                 2,694.21

        418.20

             345.69

iShares MSCI EMU Paris-Aligned Climate UCITS ETF - Acc

EMPA NA

                    959.65

        361.20

             335.18

iShares MSCI Japan ESG Enhanced UCITS ETF

EEJD LN

                 1,433.38

        428.14

             317.79

Xtrackers MSCI USA Information Technology Index UCITS ETF DR

XUTC GY

                 1,142.96

        334.50

             313.67

Invesco Bloomberg Commodity UCITS ETF - Acc

CMOD LN

                 1,922.85

        320.54

             303.18

Vanguard S&P 500 UCITS ETF

VUSA LN

               35,985.13

        326.65

             286.84

iShares EUR Corp Bond ESG Paris-Aligned Climate UCITS ETF - Acc

IPAB GY

                    846.03

        370.51

             272.79

iShares STOXX Europe 600 UCITS ETF (DE)

SXXPIEX GY

                 6,942.98

        390.14

             269.26

iShares MSCI Europe UCITS ETF EUR (Dist)

IMEU LN

                 7,815.59

          89.19

             268.60

iShares $ Treasury Bond 7-10yr UCITS ETF

IBTM LN

                 6,793.16

        414.15

             265.50

The top 10 ETPs by net new assets collectively gathered $704 Mn during April.
Invesco Physical Gold ETC - Acc (SGLD LN) gathered $196 Mn the largest individual net inflow.

Top 10 ETPs by net inflows in April 2023: Europe

Name

Ticker

Assets
($ Mn)
 Apr-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Apr-23

Invesco Physical Gold ETC - Acc

SGLD LN

               15,081.28

      (914.81)

195.83

AMUNDI PHYSICAL GOLD ETC (C) - Acc

GOLD FP

                 4,586.03

          51.03

191.23

iShares Physical Gold ETC - Acc

SGLN LN

               15,664.64

        817.70

77.82

WisdomTree Energy - Acc

AIGE LN

                    132.47

          79.60

77.74

iShares Physical Silver ETC - Acc

SSLN LN

                    572.64

          42.91

41.68

BTCetc – ETC Group Physical Bitcoin - Acc

BTCE GY

                    566.20

        101.22

30.05

WisdomTree S&P 500 3x Daily Short - Acc

3USS LN

                      70.79

          30.89

24.84

WisdomTree Natural Gas - Acc

NGAS LN

                    146.28

        134.66

23.28

WisdomTree Natural Gas 3x Daily Leveraged - Acc

3NGL LN

                      67.70

        130.64

22.43

Leverage Shares 3x Tesla ETP - Acc

TSL3 LN

                      95.32

          55.84

18.77

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

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

 

 

Join us at our 4th annual ETFGI Global ETFs Insights Summit - Europe & MEA, will be in person in London at Banking Hall on July 5th and virtual on July 6th. Register Now!

The summit is designed to provide the opportunity for traders, portfolio managers, and advisors at buyside institutional investor and financial advisors to examine how ETFs are being selected, used and traded by institutional investors, financial advisors and by retail investors.   Hear about the most current regulatory updates from IOSCO, the European Commission, FCA and Central Bank of Ireland.  Updates on index and product trends: active, fixed income, ESG, Thematic, bitcoin, crypto, and trading developments that are impacting investors across Europe, the Middle east and Africa.

This event is designed for traders, portfolio managers, CIOs at buyside institutional investor and financial advisors across Europe, the Middle east and Africa that want to hear from leaders from across the ETF ecosystem, including ETF sponsors, exchanges, broker-dealers, institutional investors, regulators, and other market participants. 

Day 1 in person in London at Banking Hall on July 5th will be from 9:30 – 5:00pm followed by a drinks reception in the Exhibit Hall from 5:00-6:00pm at Banking Hall  

If you can't attend on the day, Register Now! anyway and you'll receive recordings of all the sessions. 

Day 2 on a virtual platform will cover topics from across the Middle east and Africa.  
 
Topics will include:  

  • Global macro outlook
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  • Regulatory hot topics: ESG, SFDR, banning inducements, consolidated tape
  • Trends in the Global ETFs industry and in Europe, the Middle east and Africa from ETFGI’s research
  • Trends in ETF share classes
  • Trends in ESG investing
  • Trends in fixed income investing
  • Trends in Active ETF investing
  • The case for investing in China
  • Trends in the use of ETFs by retail investors
  • Trends in Indexes and Indexing
  • Hot topics and best practices in ETF trading
  • Growing use of European UCITS ETFs across Europe, MEA, Asia and Latin America
  • Trends in the use of ETFs across Africa (Botswana, Egypt, Ghana, Kenya, Mauritius, Namibia, Nigeria, South Africa, and Zimbabwe)
  • Trends in the Use of ETFs in Israel
  • Trends in the use of ETFs in the GCC (gulf cooperation council countries Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman)
  • Women in ETFs panel


Speakers will include:

Rick Redding, CEO, Index Industry Association

Tilman Lueder, Head of Securities Markets, European Commission

Brian Higgins, Partner, Dillon Eustace Solicitors

Lee Bartholomew, Head of Fixed Income Derivatives Product R&D, Eurex

Darragh Rossi, Head of Funds Authorisation and Supervision Division, Central Bank of Ireland

Xiaolin Chen, Head of International, KraneShares

Jason Warr, Managing Director, Global Co-Head of ETF Markets , BlackRock
 

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If you are interested in sponsoring or speaking at any of our upcoming events or have any questions please contact us deborah.fuhr@etfgi.com and margareta.hricova@etfgi.com.

We look forward to seeing you at our events!
 

Best regards,

Debbie and Margareta

 

 

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

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