ETFGI reports assets invested in the ETFs industry in Europe reached a new milestone of US$1.82 trillion at the end of 2023

Press Release

LONDONJanuary 19, 2023 ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports assets invested in the ETFs industry in Europe reached a new milestone of US$1.82 trillion at the end of 2023. Net inflows of US$17.42 billion were gathered during December, bringing 2023 net inflows to US$155.91 billion. Assets invested in the ETFs industry in Europe increased 28.2% in 2023, going from US$1.42 trillion at end of 2022 to US$1.82 trillion, according to ETFGI's December 2023 European 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 ETFs industry in Europe reached a new milestone of $1.82 Tn at the end of 2023 beating the previous record of $1.72 Tn at the end of November 2023.
  • Assets increased 28.2% in 2023, going from $1.42 Tn at end of 2022 to $1.82 Tn.
  • Net inflows of $17.42 Bn in December.
  • 2023 net inflows of $155.91 Bn are second highest on record after 2021 net inflows of $193.46 Bn.
  • 15th month of consecutive net inflows.

 

“The S&P 500 increased by 4.54% in December and was up 26.29% in 2023. The developed markets index excluding the US increased by 5.81% in December and were up 18.14% in 2023. Sweden (up 12.29%) and Australia (up 10.47%) saw the largest increases amongst the developed markets in December. The emerging markets index increased by 3.63% during December and was up 10.87% in 2023. Peru (up 24.95%) and Columbia (up 12.44%) saw the largest increases amongst emerging markets in December”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

Asset growth in the ETFs industry in Europe at the end of 2023

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The ETFs industry in Europe had 2,948 products, with 12,001 listings, assets of $1.82 Tn, from 99 providers listed on 29 exchanges in 24 countries at the end of 2023.

During December, ETFs gathered net inflows to $17.42 Bn. Equity ETFs gathered net inflows of $14.89 Bn during December, bringing 2023 net inflows to $94.90 Bn, significantly higher than the $55.70 Bn in net inflows for 2022. Fixed income ETFs had net inflows of $4.36 Bn during December, bringing 2023 net inflows to $63.48 Bn, significantly higher than the $34.14 Bn in net inflows in 2022. Commodities ETFs/ETPs reported net outflows of $2.31 Bn during December, bringing 2023 net outflows to $9.27 Bn, much higher than the $4.67 Bn in net outflows in 2022. Active ETFs reported net inflows of $1.06 Bn for December, gathering net inflows of $7.32 Bn in 2023, much higher than the $2.75 Bn in net inflows in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $13.68 Bn during December. iShares Core S&P 500 UCITS ETF - Acc (CSSPX SW) gathered $1.21 Bn, the largest individual net inflow.

Top 20 ETFs by net inflows in December 2023: Europe

Name

Ticker

Assets
($ Mn)
 Dec-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Dec-23

iShares Core S&P 500 UCITS ETF - Acc

CSSPX SW

71,742.79

4,556.43

1,214.78

UBS Lux Fund Solutions - Bloomberg US Liquid Corporates 1-5 Year UCITS ETF - Acc

UEF7 GY

2,150.45

999.44

1,142.40

HSBC Global Government Bond UCITS ETF - Acc

HGVU LN

5,171.60

1,630.84

1,061.93

UBS Lux Fund Solutions - MSCI Canada UCITS ETF (CAD) A-dis

CANCDA SW

2,457.66

199.70

891.05

Xtrackers MSCI World ESG UCITS ETF  - 1C - Acc

XZW0 LN

5,286.04

1,686.12

850.16

iShares MSCI USA ESG Enhanced UCITS ETF

EEDS LN

14,745.39

2,537.96

804.11

iShares USD Treasury Bond 0-1yr UCITS ETF

IBTU LN

13,193.88

2,639.68

735.21

iShares MSCI Europe ESG Enhanced UCITS ETF

EEUD LN

4,870.75

1,467.58

685.05

iShares Core € Corp Bond UCITS ETF

IEBC LN

18,060.45

5,244.13

651.13

iShares Core MSCI World UCITS ETF - Acc

IWDA LN

65,781.73

9,255.83

620.17

Xtrackers II EUR Overnight Rate Swap UCITS ETF - 1C - Acc

XEON GY

5,276.08

3,808.88

553.88

Xtrackers Euro Stoxx 50 UCITS ETF (DR) - 1D

XESX GY

7,098.56

864.42

535.26

Vanguard S&P 500 UCITS ETF

VUSA LN

45,330.93

3,511.48

530.10

iShares MSCI Europe UCITS ETF EUR (Acc) - Acc

SMEA LN

7,070.65

1,633.65

500.18

iShares MSCI EMU ESG Enhanced UCITS ETF

EMUD LN

2,157.20

1,118.50

491.14

SPDR MSCI World UCITS ETF - Acc

SPPW GY

4,501.56

1,956.97

489.03

iShares S&P 500 Equal Weight UCITS ETF - Acc

EWSP LN

1,719.23

977.20

488.25

Xtrackers MSCI Europe ESG UCITS ETF  - 1C - Acc

XZEU GY

1,908.36

546.46

484.89

SPDR S&P 500 UCITS ETF

SPY5 GY

8,078.93

1,783.69

482.50

HSBC MSCI World UCITS ETF

HMWO LN

7,776.93

2,024.56

467.12

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The top 10 ETPs by net new assets collectively gathered $1.13 Bn during December. Invesco Physical Gold ETC - GBP Hdg Acc (SGLS LN) gathered $423.60 Mn the largest individual net inflow.

 

Top 10 ETPs by net inflows in December 2023: Europe

Name

Ticker

Assets
($ Mn)
 Dec-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Dec-23

Invesco Physical Gold ETC - GBP Hdg Acc

SGLS LN

1,172.65

1,031.35

423.60

Xtrackers IE Physical Gold ETC Securities - Acc

XGDU LN

3,165.40

(608.29)

240.98

Xtrackers Physical Gold ETC (EUR) - Acc

XAD5 GY

1,962.46

(418.61)

192.04

iShares Physical Silver ETC - Acc

SSLN LN

518.74

14.51

67.40

WisdomTree WTI Crude Oil - Acc

CRUD LN

734.28

(74.65)

54.00

CoinShares Physical Bitcoin - Acc

BITC SW

614.20

149.25

44.00

WisdomTree Brent Crude Oil - Acc

BRNT LN

1,603.15

262.67

38.21

21Shares Bitcoin Core ETP

CBTC SW

59.33

46.51

28.71

WisdomTree Physical Platinum - Acc

PHPT LN

384.46

(47.85)

23.26

WisdomTree Natural Gas 3x Daily Leveraged - Acc

3NGL LN

62.95

214.99

22.30

 

 

 

 

 

 

 

 

 


 

 


   

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Investors have tended to invest in Equity ETFs during December.

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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