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
Name |
Ticker |
Assets |
NNA |
NNA |
SPDR S&P 500 ETF Trust |
SPY US |
403,788.61 |
6,837.79 |
9,431.89 |
iShares Core S&P 500 ETF |
IVV US |
336,851.43 |
18,591.62 |
6,028.44 |
iShares National Muni Bond ETF |
MUB US |
34,458.24 |
3,553.15 |
2,317.56 |
Vanguard Total Bond Market ETF |
BND US |
94,694.20 |
12,782.06 |
2,056.05 |
Vanguard Total Stock Market ETF |
VTI US |
301,859.18 |
13,831.37 |
2,026.48 |
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF |
BIL US |
31,149.96 |
4,339.73 |
1,726.90 |
iShares 0-3 Month Treasury Bond ETF |
SGOV US |
15,630.14 |
8,169.72 |
1,586.84 |
iShares Core MSCI World UCITS ETF - Acc |
IWDA LN |
57,154.02 |
7,341.05 |
1,443.00 |
Vanguard Intermediate-Term Treasury ETF |
VGIT US |
17,927.69 |
4,890.96 |
1,337.12 |
iShares 20+ Year Treasury Bond ETF |
TLT US |
38,547.09 |
16,656.49 |
1,277.63 |
Fuh Hwa Taiwan Technology Dividend Highlight ETF |
00929 TT |
2,602.19 |
2,547.37 |
1,148.01 |
iShares Russell 1000 Growth ETF |
IWF US |
69,081.65 |
(3,865.12) |
1,069.64 |
Capital Group Dividend Value ETF |
CGDV US |
3,897.82 |
2,275.99 |
980.84 |
First Trust NASDAQ-100 Technology Index Fund |
QTEC US |
2,819.40 |
993.18 |
955.49 |
JPMorgan Equity Premium Income ETF |
JEPI US |
29,275.52 |
12,332.86 |
942.44 |
Consumer Discretionary Select Sector SPDR Fund |
XLY US |
17,432.06 |
1,819.27 |
934.14 |
Mirae Asset TIGER CD Rate Investment Synth ETF |
357870 KS |
5,074.79 |
2,232.14 |
863.45 |
JPMorgan Global Select Equity ETF |
JGLO US |
845.68 |
836.43 |
836.43 |
Capital TIP Taiwan Select High Dividend ETF |
00919 TT |
1,410.51 |
955.81 |
815.55 |
SAMSUNG KODEX CD Rate Active ETF SYNTH |
459580 KS |
2,100.93 |
1,957.95 |
736.95 |
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
Name |
Ticker |
Assets |
NNA |
NNA |
SGLE IM |
584.52 |
35.28 |
354.39 |
|
NH QV KIS CD Interest Rate Investment ETN 82 |
550082 KS |
301.20 |
229.80 |
150.60 |
ProShares UltraShort DJ-UBS Crude Oil |
SCO US |
289.16 |
85.02 |
90.51 |
ProShares Ultra DJ-UBS Natural Gas |
BOIL US |
901.02 |
1,594.03 |
89.74 |
Global X Physical Silver |
ETPMAG AU |
166.61 |
87.10 |
81.21 |
iShares Silver Trust |
SLV US |
10,192.33 |
(545.07) |
80.12 |
Invesco DB Commodity Index Tracking Fund |
DBC US |
2,176.76 |
(465.42) |
56.70 |
United States Oil Fund LP |
USO US |
1,479.62 |
(743.66) |
48.50 |
iPath Series B S&P 500 VIX Short-Term Futures ETN |
VXX US |
456.00 |
389.99 |
47.62 |
United States Natural Gas Fund LP |
UNG US |
1,159.63 |
1,142.46 |
37.44 |
|
|
|