ETFGI reports assets invested in ETFs and ETPs listed globally reached a new high of $5.12 trillion at the end of July 2018
LONDON — August 10, 2018 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed globally reached a new high of US$5.12 trillion, following net inflows of US$41.13 billion in July. This marks the largest monthly net inflows since January, when the global ETF/ETP industry experienced net inflows of US$105.73 Bn, according to ETFGI’s July 2018 Global ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Total Assets in ETFs and ETPs listed globally reached a record $5.12 Tn at the end of July
- Net new assets gathered by ETFs/ETPs listed globally were $41.1 Bn in July
- 4 ½ years or 54 consecutive months of net inflows into ETFs/ETPs listed globally
“Investors favoured equities over fixed income and commodities as equity markets have performed positively in July. The S&P 500 gained 3.72%, international markets ex US were up 1.93% and emerging markets up 2.81%. Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.
At the end of July 2018, the Global ETF/ETP industry had 7,487 ETFs/ETPs, with 14,427 listings, assets of $5.12 Tn, from 375 providers listed on 70 exchanges in 57 countries. Due to net inflows and market moves the assets invested in ETFs/ETPs listed globally increased by 2.69%, from $4.99 Tn in June 2018 to $5.12 Tn.
Growth in Global ETF and ETP assets as of the end of July 2018
Equity ETFs/ETPs listed globally gathered net inflows of $27.37 Bn in July, bringing net inflows for 2018 to $177.31 Bn, less than the $272.21 Bn in net inflows at this point last year. Fixed Income ETFs and ETPs listed globally gathered net inflows of $12.98 Bn in July, growing net inflows for 2018 to $59.40 Bn which is less than the $96.15 Bn in net inflows at this point last year.
July marked the 54th consecutive month of net inflows into ETFs/ETPs listed globally, Year-to-date in 2018 there have been net inflows of $264 Bn, which are less than the $391.23 Bn in net inflows at this point last year.
The majority of net inflows in July can be attributed to the top 20 ETFs by net new assets, which collectively gathered $25.86 Bn during 2018. The SPDR S&P 500 ETF Trust (SPY US) gathered $6.54Bn the largest net inflows in July.
Top 20 ETFs by net new assets July 2018: Global
Name |
Ticker |
Assets |
ADV |
NNA |
NNA |
SPDR S&P 500 ETF Trust |
SPY US |
273,611 |
17,676 |
(9,906) |
6,540 |
JPMorgan BetaBuilders Japan ETF |
BBJP US |
1,746 |
85 |
1,726 |
1,716 |
TOPIX Exchange Traded Fund |
1306 JP |
71,947 |
41 |
13,624 |
1,607 |
Vanguard Value ETF |
VTV US |
42,083 |
209 |
4,618 |
1,540 |
iShares iBoxx $ High Yield Corporate Bond ETF |
HYG US |
15,706 |
970 |
(1,764) |
1,513 |
iShares Core MSCI Emerging Markets ETF |
IEMG US |
49,112 |
721 |
9,383 |
1,411 |
Schwab US Large-Cap ETF |
SCHX US |
14,216 |
106 |
2,080 |
1,075 |
Vanguard Total Stock Market ETF |
VTI US |
100,785 |
316 |
4,401 |
1,057 |
Health Care Select Sector SPDR Fund |
XLV US |
17,015 |
577 |
(716) |
942 |
iShares J.P. Morgan USD EM Bond ETF |
EMB US |
13,662 |
302 |
2,158 |
933 |
Daiwa ETF TOPIX |
1305 JP |
34,763 |
4 |
7,297 |
904 |
iShares iBoxx $ Investment Grade Corp Bond ETF |
LQD US |
34,347 |
583 |
(2,983) |
873 |
Vanguard Real Estate ETF |
VNQ US |
32,204 |
440 |
(1,903) |
813 |
CCB Cash TianYi Traded Money Market Fund |
511660 CH |
3,446 |
164 |
1,107 |
802 |
Industrial Select Sector SPDR Fund |
XLI US |
13,400 |
929 |
781 |
769 |
iShares Core S&P Mid-Cap ETF |
IJH US |
48,297 |
246 |
2,154 |
727 |
iShares Core U.S. Aggregate Bond ETF |
AGG US |
55,904 |
352 |
4,499 |
700 |
Listed Index Fund TOPIX |
1308 JP |
31,819 |
5 |
5,071 |
648 |
iShares Core S&P Small-Cap ETF |
IJR US |
44,869 |
341 |
4,275 |
648 |
Vanguard S&P 500 ETF |
VOO US |
94,799 |
585 |
5,973 |
644 |
Similarly, the top 10 ETPs by net new assets collectively gathered $1.86 Bn by the end of July 2018.
Top 10 ETPs by net new assets July 2018: Global
Name |
Ticker |
Assets |
ADV |
NNA |
NNA |
|
iShares Physical Gold ETC |
SGLN LN |
3,676.93 |
4.06 |
674.29 |
725.56 |
|
ProShares Ultra VIX Short-Term Futures |
UVXY US |
632.34 |
275.53 |
119.65 |
398.86 |
|
VelocityShares Daily 3x Long Natural Gas ETN |
UGAZ US |
456.31 |
123.39 |
-576.55 |
179.47 |
|
iPath S&P 500 VIX Short-Term Futures ETN |
VXX US |
811.60 |
1,026.15 |
-581.80 |
121.89 |
|
iShares Silver Trust |
SLV US |
5,080.97 |
122.51 |
139.40 |
111.83 |
|
Invesco DB Oil Fund |
DBO US |
459.27 |
13.14 |
44.66 |
80.66 |
|
United States Natural Gas Fund LP |
UNG US |
394.53 |
42.91 |
-299.61 |
70.21 |
|
SPDR Gold MiniShares Trust |
GLDM US |
87.89 |
4.55 |
64.68 |
62.18 |
|
VelocityShares 3x Silver ETN |
USLV US |
361.72 |
32.94 |
144.63 |
58.36 |
|
ETFS Physical Platinum Shares |
PPLT US |
477.51 |
10.26 |
-38.92 |
51.70 |
Investors have tended to invest in core, market cap and lower cost ETFs in July.
Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services.
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About Deborah Fuhr
Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates.
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997.
ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry.
Past awards for Ms Fuhr include she was the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016.
Deborah Fuhr is a founder and board member of Women in ETFs “WE” a not for profit organization to connect, support and inspire Women and Men in the ETF ecosystem. WE has over 4,200 members in chapters around the world. www.womeninetfs.com
Contact:
Deborah Fuhr
Managing Partner
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
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