ETFGI reports assets invested in the Global ETFs industry reached a new milestone of US$10.99 trillion at the end of November

Press Release

LONDONDecember 14, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports today that asset invested in the Global ETFs industry reached a new milestone US$10.99 trillion at the end of November.  During November the global ETFs industry gathered US$140.46 billion in net inflows, bringing year to date net inflows to US$803.11 billion. Assets invested in the global ETFs industry have increased 18.7% year -to-date, going from US$9.26 trillion at end of 2022 to US$10.99 trillion, according to ETFGI's November 2023 global ETFs 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

  • Assets invested in the global ETFs industry reached a new milestone of $10.99 Tn at the end of November beating the previous record of $10.86 Tn at the end of July 2023.
  • Assets have increased 18.7% YTD, going from $9.26 Tn at end of 2022 to $10.99 Tn.
  • Net inflows of $140.46 Bn during November.
  • YTD net inflows of $803.11 Bn are the second highest on record, after YTD net inflows of $1.14 Tn in 2021.
  • 54th month of consecutive net inflows.

 “The S&P 500 index was up 9.13% in November and is up 20.8% YTD in 2023. Developed markets excluding the US index increased by 9.75% in November and is up 11.65% YTD in 2023. Israel (up 19.37%) and Sweden (up 18.02%) saw the largest decreases amongst the developed markets in November. Emerging markets increased by 7.19% during November and were up 6.98% YTD in 2023. Egypt (up 14.64%) and Brazil (up 14.15%) saw the largest increases amongst emerging markets in November.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

 

Asset growth in the global ETFs industry as of the end of November

A graph with numbers and a line

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The Global ETFs industry had 11,859 products, with 23,931 listings, assets of $10.990 trillion, from 718 providers listed on 81 exchanges in 63 countries at the end of November.

During November, ETFs gathered net inflows of $140.46 Bn. Equity ETFs reported net inflows of $74.49 Bn during November, bringing YTD net inflows to $397.37 Bn, lower than the $444.30 Bn YTD net inflows in 2022. Fixed income ETFs gathered net inflows of $32.44 Bn during November, bringing YTD net inflows to $249.98 Bn, higher than the $217.60 Bn YTD net inflows gathered in 2022. Commodities ETFs/ETPs reported net outflows of $1.85 Bn during November, bringing YTD net outflows to $14.10 Bn, slightly less than the $14.63 Bn in net outflows YTD in 2022. Active ETFs attracted net inflows of $34.82 Bn during the month, gathering net inflows for the year of $166.94 Bn, higher than the $110.25 Bn YTD net inflows in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $62.70 Bn during November. Vanguard S&P 500 ETF (VOO US) gathered $6.54 Bn, the largest individual net inflow.
 

Top 20 ETFs by net new inflows November 2023: Global

 

Name

 

Ticker

Assets
($ Mn)
Nov-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Nov-23

Vanguard S&P 500 ETF

 

VOO US

354,465.49

39,522.96

6,542.79

iShares Core S&P 500 ETF

 

IVV US

374,646.69

32,698.71

6,315.80

SPDR S&P 500 ETF Trust

 

SPY US

435,626.77

11,252.96

6,229.14

iShares iBoxx $ High Yield Corporate Bond ETF

 

HYG US

17,029.49

693.14

5,382.86

Dimensional Global Core Equity Trust Managed Fund

 

DGCE AU

3,879.86

3,879.86

3,879.86

Vanguard Total Stock Market ETF

 

VTI US

326,912.41

19,126.06

3,645.38

Dimensional Australian Core Equity Trust Managed Fund

 

DACE AU

2,995.65

2,995.65

2,995.65

iShares Core U.S. Aggregate Bond ETF

 

AGG US

95,615.84

13,898.46

2,828.49

iShares Core € Corp Bond UCITS ETF

 

IEBC LN

16,664.23

4,593.00

2,693.28

iShares 20+ Year Treasury Bond ETF

 

TLT US

45,980.76

22,509.40

2,561.15

MIRAE ASSET TIGER SYNTH-KOFR ACTIVE ETF

 

449170 KS

4,144.62

4,106.14

2,380.86

Vanguard Information Technology ETF

 

VGT US

57,678.94

7,280.90

2,034.29

Fidelity Enhanced Large Cap Growth ETF

 

FELG US

2,023.56

2,027.44

2,027.44

SPDR Bloomberg Barclays High Yield Bond ETF

 

JNK US

8,075.25

(1,415.97)

1,986.80

Technology Select Sector SPDR Fund

 

XLK US

55,448.77

(351.49)

1,980.80

iShares J.P. Morgan USD Emerging Markets Bond ETF

 

EMB US

14,782.62

192.45

1,931.91

Invesco QQQ Trust

 

QQQ US

217,642.20

6,350.49

1,890.34

Fidelity Enhanced Large Cap Core ETF

 

FELC US

1,883.91

1,883.70

1,883.70

Fidelity Enhanced Large Cap Value ETF

 

FELV US

1,777.71

1,770.66

1,770.66

Vanguard Total Bond Market ETF

 

BND US

99,870.51

15,821.43

1,740.03

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The top 10 ETPs by net new assets collectively gathered $2.62 Bn over November.

SPDR Gold Shares (GLD US) gathered $1.09 Bn, the largest individual net inflow.

Top 10 ETPs by net new inflows November 2023: Global

Name

 

Ticker

Assets
($ Mn)
Nov-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Nov-23

SPDR Gold Shares

 

GLD US

57,341.98

(2,161.99)

1,088.03

ProShares Ultra DJ-UBS Natural Gas

 

BOIL US

858.24

1,815.36

508.62

ProShares Ultra VIX Short-Term Futures

 

UVXY US

387.93

620.16

245.44

United States Natural Gas Fund LP

 

UNG US

976.41

1,130.65

189.50

BTCetc – ETC Group Physical Bitcoin - Acc

 

BTCE GY

1,022.44

402.20

175.08

WisdomTree WTI Crude Oil - Acc

 

CRUD LN

721.13

(128.64)

123.35

WisdomTree Copper - Acc

 

COPA LN

1,256.60

824.46

95.24

ProShares Ultra DJ-UBS Crude Oil

 

UCO US

641.87

(310.88)

78.57

CoinShares Physical Bitcoin - Acc

 

BITC SW

502.07

105.26

65.23

21Shares Bitcoin ETP - Acc

 

ABTC SW

474.12

128.27

54.62

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Investors have tended to invest in Equity 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.

 

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ETFGI 
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