ETFGI reports that assets invested in the Global ETFs industry reached a new milestone of US$11.63 trillion at the end of 2023

Press Release

LONDONJanuary 16, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports that assets invested in the Global ETFs industry reached a new milestone of US$11.63 trillion at the end of 2023.   The global ETFs industry gathered US$171.76 billion in net inflows in December, bringing 2023 net inflows to US$974.87 billion.  Assets invested in the global ETFs industry increased by 25.6% in 2023, going from US$9.26 trillion at end of 2022 to US$11.63 trillion, according to ETFGI's December 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 $11.63 trillion at the end of 2023 beating the previous record of $10.99 trillion at the end of November 2023.
  • Assets increased 25.6% in 2023, going from $9.26 Tn at end of 2022 to $11.63 Tn.
  • Global ETFs industry gathered net inflows of $171.76 Bn during December.
  • Net inflows of $974.87 Bn gathered in 2023 are the second highest on record, behind the 2021 net inflows is of $1.29 Tn.
  • 55th 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.

 

Global ETFs industry asset growth as of the end of 2023

 https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

 

The Global ETFs industry had 11,869 products, with 23,848 listings, assets of $11.63 Tn, from 731 providers listed on 81 exchanges in 63 countries at the end of 2023.

During December, ETFs gathered net inflows of $171.76 Bn. Equity ETFs saw net inflows of $135.05 Bn during December, bringing 2023 net inflows to $532.41 Bn, higher than the $479.74 Bn in net inflows in 2022. Fixed income ETFs reported net inflows of $21.69 Bn during December, bringing 2023 net inflows to $271.67 Bn, higher than the $236.55 Bn in net inflows in 2022. Commodities ETFs/ETPs reported net outflows of $1.45 Bn during December, bringing 2023 net outflows to $15.55 Bn, slightly less than the $16.41 Bn in net outflows commodities products had in 2022. Active ETFs attracted net inflows of $16.42 Bn during the month, gathering net inflows of $183.36 Bn in 2023, higher than the $123.67 Bn in net inflows in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $88.04 Bn during December. SPDR S&P 500 ETF Trust (SPY US) gathered $39.41 Bn, the largest individual net inflow.

 

Top 20 ETFs by net new inflows December 2023: Global

 

Name

 

Ticker

Assets
($ Mn)
Dec-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Dec-23

SPDR S&P 500 ETF Trust

 

SPY US

493,365.06

50,667.09

39,414.12

iShares Russell 2000 ETF

 

IWM US

67,849.71

7,689.49

7,627.33

iShares Core S&P 500 ETF

 

IVV US

396,877.86

38,101.02

5,402.31

Vanguard Intermediate-Term Corporate Bond ETF

 

VCIT US

45,004.60

3,597.45

4,727.69

Invesco S&P 500 Equal Weight ETF

 

RSP US

49,814.65

12,867.80

4,319.84

iShares Core U.S. Aggregate Bond ETF

 

AGG US

101,452.25

16,711.95

2,813.49

Vanguard S&P 500 ETF

 

VOO US

372,417.45

42,199.62

2,676.66

Huatai-Pinebridge CSI 300 ETF

 

510300 CH

18,519.45

9227.34

2,582.46

Vanguard Total Stock Market ETF

 

VTI US

345,971.71

21,318.66

2,192.60

iShares 20+ Year Treasury Bond ETF

 

TLT US

51,626.56

24,506.38

1,996.99

Vanguard FTSE Developed Markets ETF

 

VEA US

122,707.43

7,834.39

1,741.81

China AMC China 50 ETF

 

510050 CH

11,343.96

4042.67

1,608.79

Vanguard Total Bond Market ETF

 

BND US

104,684.93

17,370.31

1,548.88

iShares Core MSCI Emerging Markets ETF

 

IEMG US

74,723.18

6,226.00

1,527.21

SPDR Portfolio S&P 500 ETF

 

SPLG US

25,751.39

6,890.27

1,526.62

E Fund CSI 300 ETF

 

510310 CH

6,709.55

4809.46

1,372.25

iShares iBoxx $ High Yield Corporate Bond ETF

 

HYG US

18,797.34

1,954.17

1,261.02

iShares Core MSCI EAFE ETF

 

IEFA US

106,690.50

5,117.02

1,259.23

Vanguard Total International Bond ETF

 

BNDX US

54,094.57

7,666.09

1,224.65

iShares Core S&P 500 UCITS ETF - Acc

 

CSSPX SW

71,742.79

4,556.43

1,214.78

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

 

The top 10 ETPs by net new assets collectively gathered $1.72 Bn over December.

Invesco Physical Gold ETC - GBP Hdg Acc (SGLS LN) gathered $423.60 Mn, the largest individual net inflow.

 

Top 10 ETPs by net new inflows December 2023: Global

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

SPDR Gold Shares

 

GLD US

58,274.10

(1,967.78)

194.20

Xtrackers Physical Gold ETC (EUR) - Acc

 

XAD5 GY

1,962.46

(418.61)

192.04

iShares Gold Trust

 

IAU US

26,425.26

(2,966.43)

162.96

SPDR Gold MiniShares Trust

 

GLDM US

6,362.49

482.85

159.07

United States Oil Fund LP

 

USO US

1,473.78

(437.91)

124.95

United States Natural Gas Fund LP

 

UNG US

973.87

1,210.73

80.08

Perth Mint Gold - Acc

 

PMGOLD AU

581.83

75.96

73.88

iShares Silver Trust

 

SLV US

10,400.33

(671.99)

71.29

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

Investors have tended to invest in Equity ETFs/ETPs 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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Managing Partner, Founder 
ETFGI 
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Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 

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