ETFGI reports year-to-date net inflows into the Global ETFs industry of US$596.75 billion are the 2nd highest on record

LONDON — October 17, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today year-to-date net inflows of US$596.75 billion are the 2nd highest on record. The global ETFs industry gathered US$67.70 Bn in net inflows in September, bringing year to date net inflows to US$596.75 Bn. Assets invested in the global ETFs industry have increased 11.3% year-to-date in 2023, going from US$9.26 trillion at end of 2022 to $10.31 trillion, according to ETFGI's September 2023 global 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 $67.70 Bn during September.
• YTD net inflows of $ 596.75 Bn are the second highest on record, after YTD net inflows of $923.16 Bn in 2021.
• 52nd month of consecutive net inflows.
• Assets of $10.31 Tn invested in the global ETFs industry at the end of September.
• Assets have increased 11.3% YTD in 2023, going from $9.26 Tn at end of 2022 to $10.31 Tn.

“The S&P 500 decreased by 4.77% in September and is up 13.07% YTD in 2023. Developed markets excluding the US decreased by 3.54% in September and are up 6.66% YTD in 2023. Netherlands (down 7.90%) and Ireland (down 7.31%) saw the largest decreases amongst the developed markets in September. Emerging markets decreased by 1.86% during September but are up 3.47% YTD in 2023. Thailand (down 9.38%) and Poland (down 9.33%) saw the largest decreases amongst emerging markets in September.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI. 

Global ETFs industry assets growth as of the end of September 

The Global ETFs industry had 11,627 products, with 23,560 listings, assets of $10.31 trillion, from 710 providers listed on 80 exchanges in 63 countries at the end of September.

During September, ETFs gathered net inflows of $67.70 Bn. Equity ETFs reported net inflows of $43.11 Bn during September, bringing YTD net inflows to $293.26 Bn, significantly lower than the $334.14 Bn in net inflows YTD in 2022. Fixed income ETFs reported net inflows of $12.57 Bn during September, bringing YTD net inflows to $196.98 Bn, much higher than the $147.20 Bn in net inflows YTD in 2022. Commodities ETFs/ETPs reported net outflows of $3.66 Bn during September, bringing YTD net outflows to $10.02 Bn, significantly lower than the 
$7.25 Bn in net outflows YTD in 2022. Active ETFs attracted net inflows of $14.09 Bn during the month, gathering  YTD net inflows of $112.62 Bn, higher than the $89.50 Bn YTD in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $38.51 Bn during September. SPDR S&P 500 ETF Trust (SPY US) gathered $9.43 Bn, the largest individual net inflow.

Top 20 ETFs by net new inflows September 2023: Global

The top 10 ETPs by net new assets collectively gathered $1.04 Bn over September. Invesco Physical Gold ETC - EUR Hdg Acc (SGLE IM) gathered $354.39 Mn, the largest individual net inflow.

Top 10 ETPs by net new inflows September 2023: Global

Investors have tended to invest in Equity ETFs and ETPs during September.   Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.   Register Now to join us on Nov 29th and 30th for our 5th annual ETFGI Global ETFs Insights Summit – Canada - in Toronto on Nov 29th! Nov 29 - day 1 📍 In person at Borden Ladner Gervais LLP (BLG). Educational credits and free for IFAs and institutional investors – spaces are allocated on a first come basis as spaces are limited. All sessions will be recorded. Attendees will receive access to virtual event content on day 2. Nov 30 - day 2 - Virtual panel discussions on our virtual event platform. Topics will include:  How Regulations are Impacting Market Structure  Update on the Canadian ETF Market Landscape Global Macro Outlook ETF Trading Trends and Trading Tools How ETFs are being used to drive alpha Now is the Time for Fixed Income ETFs Institutional Advantages of using ETFs How Regulations are Impacting ETFs and investors  The Outlook for Crypto ETFs and Tokenization Index Industry Trends Trends in the ETF industry ETFGI Research Women in ETFs: Top 3 Trends in Asset Management, Career and Diversity   Speakers include: Jasmit Bhandal, Chief Operating Officer, Horizons ETFs Management (Canada) Inc. Bryan Blake, Vice President and Head of Canadian Equities, Cboe Global Markets Raymond Chan, Director, Investment Funds and Structured Products, Ontario Securities Commission Michael Cooke, Head of Exchange Traded Funds, Mackenzie Investments Trevor Cummings, CIMA, Vice President, ETF Distribution, TD Asset Management Inc.  Pat Dunwoody, Executive Director, Canadian ETF Association Deborah Fuhr, Managing Partner, Founder, ETFGI Valerie Grimba, Institutional ETF Sales & Strategy, RBC Capital Markets Jin Huang, Managing Director, BMO Capital Markets Naseem Husain, Senior Vice President, ETF Strategist, Horizons ETFs Management (Canada) Inc.  Raj Lala, President & CEO, Evolve ETFs  Ronald Landry, Head of Product and Canadian ETF Services, CIBC Mellon Roma Lotay, Partner, BLG Prerna Mathews, VP, ETF Product Strategy, Mackenzie Investments Patrick McEntyre, Managing Director, Global Equity Derivatives, National Bank Financial Rick Redding, CEO, Index Industry Association Dave Shastri, Chief Strategy Officer, Truss Edge Daniel Stanley, Director, BMO Exchange Traded Funds If you can't attend on the day, register anyway and you'll receive recordings of all the sessions.   CPD educational credits are offered to buy side institutional investors and financial advisors.  🆓  Free registration for buy side institutional investors and financial advisors      🎧  Cannot attend on the day, register anyway as all sessions are recorded and you will also receive access to session recordings. ETFGI (www.ETFGI.com), a leading independent firm which has for over 11 years offered a database and factsheets for all ETFs and ETPs listed globally, published monthly research reports covering trends in the global ETFs ecosystem, provided consulting services and educational events, and ETF TV.  Register now to join us! 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. If you are interested in speaking, sponsoring or have any questions please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova   margareta.hricova@etfgi.com Thank you to our Gold sponsors: CIBC Mellon, Mackenzie Investments & RBC Register now to attend our upcoming 4th Annual ETFGI Global ETFs Insights Summit - Asia Pacific, Nov 8th in person in Central, Hong Kong at Centricity & Nov 9th Virtua Register Here