ETFGI reports assets invested in the Global ETFs industry reached a new record high of US$12.89 trillion at the end of May
Press Release
LONDON — June 12, 2024 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in the Global ETFs industry reached a new record high of US$12.89 trillion at the end of May. The global ETFs industry gathered US$126.32 billion in net inflows in May, bringing year to date net inflows to a record US$594.19 billion, according to ETFGI's May 2024 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 record of $12.89 Tn at the end of May 2024 beating the previous record of $12.70 Tn at the end of March 2024.
- Assets invested in the global ETFs industry have increased 10.8% YTD in 2024, going from $11.63 Tn at end of 2023 to $12.89 Tn.
- Net inflows of $126.32 Bn during May.
- YTD net inflows of $594.19 Bn are the highest on record, the second highest recorded YTD net inflows was of $572.02 Bn in 2021 and the third highest recorded YTD net inflows of 417.51 Bn in 2022.
- A record 60 months or 5 years of consecutive net inflows.
“The S&P 500 index increased by 4.96% in May and is up by 11.30% YTD in 2024. The developed markets excluding the US index increased by 3.62% in May and is up 6.09% YTD in 2024. Norway (up 10.84%) and Portugal (up 8.72%) saw the largest increases amongst the developed markets in May. The emerging markets index increased by 1.17% during May and is up 4.97% YTD in 2024. Egypt (up 11.82%) and Czech Republic (up 9.44%) saw the largest increases amongst emerging markets in May.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Global ETFs industry asset growth as of the end of May
The Global ETFs industry had 12,323 products, with 24,729 listings, assets of $12.89 Tn, from 752 providers listed on 80 exchanges in 63 countries at the end of May.
During May, ETFs gathered net inflows of $126.32 Bn. Equity ETFs reported net inflows of $64.73 Bn during May, bringing YTD net inflows to $329.17 Bn, higher than the $89.46 Bn in net YTD in 2023. Fixed income ETFs gathered net inflows of $32.93 Bn during May, bringing YTD net inflows to $111.56 Bn, lower than the $117.39 Bn in net inflows YTD in 2023. Commodities ETFs reported net inflows of $768.14 Mn during May, bringing YTD net outflows to $7.74 Bn, larger than the $3.80 Bn in net inflows YTD in 2023. Active ETFs attracted net inflows of $27.53 Bn during the month, gathering YTD net inflows of $125.11 Bn, higher than the $59.68 Bn in net inflows YTD in 2023.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $51.59 Bn during May. SPDR S&P 500 ETF Trust (SPY US) gathered $8.99 Bn, the largest individual net inflow.
Top 20 ETFs by net new inflows May 2024: Global
Name |
|
Ticker |
Assets |
NNA |
NNA |
SPDR S&P 500 ETF Trust |
|
SPY US |
533,652.03 |
(11,091.48) |
8,990.96 |
Vanguard S&P 500 ETF |
|
VOO US |
454,931.17 |
40,249.91 |
8,377.25 |
iShares Core S&P 500 ETF |
|
IVV US |
456,667.18 |
16,905.14 |
4,361.05 |
Invesco QQQ Trust |
|
QQQ US |
267,473.00 |
12,960.96 |
2,930.24 |
iShares iBoxx $ High Yield Corporate Bond ETF |
|
HYG US |
16,963.90 |
(1,634.02) |
2,524.17 |
IBI SAL 4A Index Israel Banks IL |
|
IBIF35 IT |
2,128.30 |
3,082.35 |
2,128.30 |
Vanguard Total Stock Market ETF |
|
VTI US |
392,010.96 |
12,780.84 |
2,117.38 |
Invesco Nasdaq 100 ETF |
|
QQQM US |
26,193.16 |
5,515.64 |
2,092.36 |
Vanguard Total International Bond ETF |
|
BNDX US |
55,561.41 |
2,452.30 |
2,052.45 |
SPDR Portfolio S&P 500 ETF |
|
SPLG US |
37,123.66 |
8,160.71 |
1,862.32 |
SPDR S&P 500 UCITS ETF |
|
SPY5 GY |
14,561.20 |
5,373.13 |
1,735.91 |
Vanguard Total Bond Market ETF |
|
BND US |
107,116.52 |
5,323.33 |
1,651.78 |
IBI SAL 4D S&P 500 |
|
IBIF65 IT |
1,560.32 |
1,943.53 |
1,560.32 |
Janus Henderson AAA CLO ETF |
|
JAAA US |
9,842.62 |
4,414.17 |
1,429.25 |
iShares 0-3 Month Treasury Bond ETF |
|
SGOV US |
21,646.22 |
4,031.93 |
1,386.30 |
iShares Core U.S. Aggregate Bond ETF |
|
AGG US |
107,894.89 |
9,237.55 |
1,355.32 |
Vanguard Growth ETF |
|
VUG US |
124,914.84 |
6,730.83 |
1,273.77 |
CAPITAL ICE ESG 20+ YEAR BBB US CORPORATE ETF |
|
00937B TT |
5,036.68 |
4,072.11 |
1,259.19 |
iShares Broad USD High Yield Corporate Bond ETF |
|
USHY US |
12,390.42 |
315.32 |
1,254.78 |
SPDR Portfolio S&P 500 Growth ETF |
|
SPYG US |
27,013.93 |
2,316.26 |
1,246.55 |
The top 10 ETPs by net new assets collectively gathered $1.55 Bn over May. Alerian MLP Index ETNs due January 28 2044 (AMJB US) gathered $661.79 Mn, the largest individual net inflow.
Top 10 ETPs by net new inflows May 2024: Global
Name |
|
Ticker |
Asset |
NNA |
NNA |
|
AMJB US |
760.55 |
767.48 |
661.79 |
|
WisdomTree Physical Platinum - Acc |
|
PHPT LN |
790.02 |
361.75 |
201.98 |
WisdomTree Brent Crude Oil - Acc |
|
BRNT LN |
550.48 |
(1,209.07) |
184.55 |
WisdomTree Physical Silver - Acc |
|
PHAG LN |
2,313.34 |
526.82 |
120.29 |
iPath Bloomberg Commodity Index Total Return ETN |
|
DJP US |
585.25 |
(37.60) |
74.78 |
iShares Physical Platinum ETC - Acc |
|
SPLT LN |
212.85 |
121.02 |
72.27 |
ProShares Ultra VIX Short-Term Futures |
|
UVXY US |
233.27 |
(16.58) |
68.77 |
Aberdeen Standard Physical Palladium Shares ETF |
|
PALL US |
291.53 |
111.97 |
62.69 |
Royal Mint Responsibly Source Physical Gold ETC - Acc |
|
RMAU LN |
859.98 |
22.08 |
54.99 |
ProShares UltraShort DJ-UBS Natural Gas |
|
KOLD US |
149.28 |
(29.58) |
50.66 |
Investors have tended to invest in Equity ETFs during May.
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 the discussions and networking at our upcoming ETFGI Global ETFs Insights Summits! |
- 5th Annual ETFGI Global ETFs Insights Summit - Asia Pacific – September 11th at Centricity – Concentric in Hong Kong and virtual on September 12th Register
- 5th Annual ETFGI Global ETFs Insights Summit – U.S. – October 29th at The Yale Club in New York City Register
- 6th Annual ETFGI Global ETFs Insights Summit - Canada – November 27th at Borden Ladner Gervais’s office in Toronto Register
The ETFGI Global ETFs Insights Summits are 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.
These events will bring together leaders from across the ETF industry, including ETF sponsors, exchanges, broker-dealers, institutional investors, regulators, and other market participants.
🆓 Free registration for CFA members, 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 published monthly subscription research reports covering trends in the global ETFs ecosystem, created factsheets for every ETF listed globally, 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.
Contact:
Deborah Fuhr
Managing Partner, Founder
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
Web: www.etfgi.com
Connect on:
Deborah Fuhr Twitter | LinkedIn
ETFGI Twitter | LinkedIn | Website
ETFs Network LinkedIn
ETF TV Twitter | LinkedIn | Website
Women in ETFs, Board member and founder
Women in ETFs Twitter | LinkedIn | Website
Disclaimer
This message is intended solely for the addressee and may contain confidential information. If you have received this message in error, please send it back to us, and immediately and permanently delete it. Do not use, copy or disclose the information contained in this message or in any attachment.
ETFGI LLP is a limited liability partnership registered in England and Wales with registered number OC372221. Registered address is 130 Jermyn Street, 6th Floor, St James’s, London SW1Y 4UR.
ETFGI LLP has taken every reasonable precaution to ensure that any attachment to this e-mail has been swept for viruses. However, we cannot accept liability for any damage sustained as a result of software viruses and would advise that you carry out your own virus checks before opening any attachment.