ETFGI reports that assets invested in the ETFs industry in Europe reached a new milestone of  US$1.90 trillion US Dollars at the end of February

Press Release
 

LONDONMarch 19, 2024 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports that assets invested in the ETFs industry in Europe reached a new milestone of US$1.90 trillion at the end of February.  During the month, ETFs listed in Europe gathered net inflows of US$16.88 billion bringing YTD net inflows to US$38.50 Bn, according to ETFGI's February 2024 European 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

  • Assets invested in the Europe ETFs industry reached a new milestone of $1.90 Tn at the end of February beating the previous record of $1.83 Tn at the end of January 2024. 
  • Assets increased 4.2% YTD in 2024, going from $1.82 Tn at end of 2023 to $1.90 Tn.
  • Net inflows of $16.88 Bn in February 2024.
  • YTD net inflows in 2024 of $38.50 Bn are third highest on record after YTD net inflows of $41.91 Bn in 2021 and YTD net inflows of $40.98 Bn in 2022.
  • 17th month of consecutive net inflows.


“The S&P 500 index increased by 5.34% in February and is up by 7.11% YTD. Developed markets excluding the US increased by 1.90% in February and are up 1.58% YTD.  Ireland (up 8.60%) and Israel (up 8.27%) saw the largest increases amongst the developed markets in February. Emerging markets increased by 4.18% during February and are up 0.57% YTD. China (up 8.41%) and Peru (up 7.12%) saw the largest increases amongst emerging markets in February”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

 

Asset growth for the ETFs industry in Europe as at the end of February

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Description automatically generated with medium confidence

 

The ETFs industry in Europe had 2,999 products, with 12,161 listings, assets of $1.90 Tn, from 99 providers listed on 29 exchanges in 24 countries at the end of February.

During February, ETFs s gathered net inflows to $16.88 Bn. Equity ETFs gathered net inflows of $15.80 Bn during February, bringing YTD net inflows to $29.49 Bn, higher than the $16.68 Bn in YTD net inflows in 2023. Fixed income ETFs had net inflows of $2.47 Bn during February, bringing YTD net inflows to $10.54 Bn, higher than the $9.54 Bn in YTD net inflows in 2023. Commodities ETFs/ETPs reported net outflows of $1.38 Bn during February, bringing YTD net outflows to $2.24 Bn, lower than the $459.09 Mn in net inflows YTD in 2023. Active ETFs attracted net inflows of $928.24 Mn during the month, gathering YTD net inflows of $1.66 Bn, higher than the $839.91 Mn in net inflows YTD in 2023.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $16.65 Bn during February. SPDR S&P 500 UCITS ETF (SPY5 GY) gathered $1.89 Bn, the largest individual net inflow.

Top 20 ETFs by net inflows in February 2024: Europe

Name

Ticker

Assets
($ Mn)
 Feb-24

NNA
($ Mn)
 YTD-24

NNA
($ Mn)
Feb-24

SPDR S&P 500 UCITS ETF

SPY5 GY

      11,746.83

             3,029.84

          1,894.20

Amundi MSCI USA ESG Climate Net Zero Ambition CTB UCITS ETF

USA FP

       3,641.42

             1,669.72

          1,688.31

iShares Core MSCI World UCITS ETF - Acc

IWDA LN

      72,334.26

             2,853.95

          1,515.42

AMUNDI S&P 500 ESG UCITS ETF

S500 FP

       4,855.60

             1,391.01

          1,448.49

HSBC MSCI World UCITS ETF

HMWO LN

       9,259.57

             1,047.97

             885.91

iShares Core S&P 500 UCITS ETF - Acc

CSSPX SW

      80,784.53

             3,825.90

             812.09

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

XEON GY

       6,680.20

             1,493.08

             772.52

iShares $ Corp Bond UCITS ETF

LQDE LN

       8,776.32

                339.79

             752.07

iShares € Corp Bond ESG UCITS ETF

SUOE LN

       6,116.40

                908.48

             725.97

Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF - Acc

WSRI FP

       5,471.56

                466.40

             710.98

HSBC Global Government Bond UCITS ETF - Acc

HGVU LN

       5,757.97

                697.96

             626.14

iShares MSCI ACWI UCITS ETF - Acc

ISAC LN

      11,960.16

                983.72

             595.10

iShares Core Global Aggregate Bond UCITS ETF

SAGG LN

       8,872.79

                710.98

             565.29

Amundi S&P 500 Climate Net Zero Ambition PAB UCITS ETF

ZPA5 GY

       3,536.89

                605.04

             557.72

JPMorgan US Research Enhanced Index Equity ESG UCITS ETF - Acc

JREU LN

       6,523.69

                915.46

             554.73

Amundi MSCI World V UCITS ETF - Acc

LCUW GY

       4,614.58

                638.47

             545.76

Invesco S&P 500 UCITS ETF - Acc

SPXS LN

      23,922.26

                441.36

             534.77

UBS Lux Fund Solutions - MSCI EMU UCITS ETF (EUR) A-dis

EMUEUA GY

       3,085.62

                501.26

             502.29

Vanguard FTSE All-World UCITS ETF

VWRD LN

      23,551.12

                865.26

             489.93

iShares MSCI USA UCITS ETF - Acc

CSUS SW

       1,254.00

                485.86

             473.82

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 $478.08 Mn during February. WisdomTree Copper - Acc (COPA LN) gathered $144.00 Mn the largest individual net inflow.

 

Top 10 ETPs by net inflows in February 2024: Europe

Name

Ticker

Assets
($ Mn)
 Feb-24

NNA
($ Mn)
 YTD-24

NNA
($ Mn)
Feb-24

WisdomTree Copper - Acc

COPA LN

       1,530.73

                269.34

             144.00

Xtrackers IE Physical Gold ETC Securities - Acc

XGDU LN

       3,193.92

                  64.15

              77.73

21Shares Ethereum Staking ETP - Acc

AETH SW

          583.34

                  60.08

              68.36

iShares Physical Gold ETC - Acc

SGLN LN

      13,551.01

                 (39.53)

              44.41

Leverage Shares 3x Tesla ETP - Acc

TSL3 LN

          202.26

                  77.78

              31.82

WisdomTree Natural Gas 3x Daily Leveraged - Acc

3NGL LN

            69.18

                  39.67

              31.23

WisdomTree Natural Gas - Acc

NGAS LN

          116.20

                  15.33

              23.31

WisdomTree Physical Bitcoin - Acc

BTCW SW

          535.79

                  59.89

              20.60

WisdomTree Core Physical Gold - Acc

WGLD LN

          647.55

                  75.30

              18.51

Invesco Physical Gold ETC - GBP Hdg Acc

SGLS LN

       1,162.36

                  13.72

              18.11

 

 

 

 

 

 

 

 

 


 

 


   

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

 

 

Investors have tended to invest in Equity ETFs and ETPs during February.

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 at our 5th Annual ETFGI Global ETFs Insights Summit - Europe & MEA on April 9th at The Waldorf Hilton, London and virtual sessions on day 2 April 10th.

 

Speakers will include:

 

Topics will include:   

  • Fireside Chat: Navigating New Horizons: The European ETF Landscape
  • Macro Outlook
  • Fireside chat “ETF Regulations: Shaping the Future for ETFs in the European Markets”
  • Navigating the Trading Landscape
  • From Bitcoin to Blockchain: Navigating the Crypto Landscape
  • Beyond Indexing: Unleashing the Potential of European Active ETFs
  • Retail Revolution: Embracing ETFs in Europe
  • Navigating EMEA’s ETF Landscape: Insights and Innovations from ETFGI’s research
  • Inspiring Inclusion – panel in partnership with Women in ETFs 
  • Navigating the Investment Landscape for ETFs in Israel
  • Navigating the Investment Landscape for ETFs in the GCC
  • Navigating the Investment Landscape for ETFs in South Africa and across Africa

This event will bring together leaders from across the ETF industry, including ETF sponsors, exchanges, broker-dealers, institutional investors, regulators, and other market participants. The summit is designed to provide the opportunity for traders, portfolio managers, and advisors at buyside institutional investor and financial advisors to examine how ETFs are being traded, selected, and used and hear about the most current regulatory, index, product trends: active, bitcoin, crypto, ESG, thematic and trading developments that are impacting investors.

 

📍   The Waldorf Hilton, London, Aldwych, London WC2B 4DD United Kingdom🆓   Free registration for buy side institutional investors and financial advisors Register now🎧   All sessions are recorded, you will receive links to all sessions after the event 📚   CPD educational credits 

If you can't attend on the day, register anyway and you'll receive recordings of all the sessions.

 

ETFGI (www.ETFGI.com) has for over 12 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.

If you are interested in sponsoring or speaking at any of our upcoming events or have any questions, please contact us deborah.fuhr@etfgi.com and margareta.hricova@etfgi.com.