ETFGI reports US ETFs industry gathered US$59.05 billion in net inflows in November 2022
LONDON — December 16, 2022 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the US ETFs industry gathered US$59.05 billion of net inflows during November, bringing year-to-date net inflows to US$561.77 billion. During the month, assets invested in US ETF/ETP industry increased by 5.9%, from US$6.33 trillion at the end of October to US$6.71 trillion in November 2022, according to ETFGI's November 2022 US 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
- Net inflows of $59.05 Bn in November 2022.
- YTD net inflows of $561.77 Bn in 2022 are the 2nd highest on record, after YTD net inflows of $803.40 Bn in 2021.
- 7th month of consecutive net inflows.
- Assets of $6.71 Tn invested in ETFs and ETPs listed in US at the end of November 2022.
- Assets decreased 7.0% YTD in 2022, going from $7.21 Tn at end of 2021 to $6.71 Tn.
“The S&P 500 increased by 5.59 % in November but is down 13.10% YTD in 2022. Developed markets excluding the US increased by 10.63% in November but are down 15.67% YTD in 2022. Hong Kong (up 24.17%) and Netherlands (up 17.45%) saw the largest increases amongst the developed markets in November. Emerging markets increased by 13.26% during November but are down 16.86% YTD in 2022. China (up 27.38%) and Turkey (up 24.58%) saw the largest increases amongst emerging markets in November.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Growth in US ETF and ETP assets as of the end of November 2022
The US ETFs industry had 3,077 products, assets of US$6.706 Tn, from 270 providers listed on 3 exchanges at the end of November.
During November, ETFs/ETPs gathered net inflows of $59.05 Bn. Equity ETFs/ETPs gathered net inflows of $24.31 Bn during November, bringing YTD net inflows to $283.81 Bn, lower than the $511.01 Bn in net inflows equity products had attracted at this point in 2021. Fixed income ETFs/ETPs had net inflows of $24.85 Bn during November, bringing net inflows for the year through November 2022 to $172.78 Bn, higher than the $154.10 Bn in net inflows fixed income products had attracted YTD in 2021. Commodities ETFs/ETPs reported net outflows of $1.22 Bn during November, bringing YTD net outflows to $6.11 Bn, less than the $9.17 Bn in net outflows commodities products had reported year to date in 2021. Active ETFs/ETPs attracted net inflows of $10.46 Bn over the month, gathering YTD net inflows of $86.35 Bn, lower than the $96.42 Bn in net inflows active products had reported YTD in 2021.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $33.20 Bn during November. Invesco QQQ Trust (QQQ US) gathered $4.09 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets November 2022: US
Name |
Ticker |
Assets |
NNA |
NNA |
Invesco QQQ Trust |
QQQ US |
157,108.50 |
4,269.23 |
4,048.63 |
iShares iBoxx $ High Yield Corporate Bond ETF |
HYG US |
18,379.92 |
(1,174.86) |
3,813.94 |
Vanguard Short-Term Corporate Bond ETF |
VCSH US |
41,588.38 |
3,046.77 |
2,228.18 |
Vanguard Tax-Exempt Bond Index ETF |
VTEB US |
23,790.01 |
10,106.90 |
2,098.50 |
Schwab US Dividend Equity ETF |
SCHD US |
45,063.57 |
13,925.88 |
1,701.22 |
iShares MSCI ACWI ETF |
ACWI US |
18,539.06 |
3,876.44 |
1,604.52 |
iShares Russell 2000 ETF |
IWM US |
56,058.10 |
(2,759.68) |
1,551.65 |
JPMorgan Equity Premium Income ETF |
JEPI US |
16,715.55 |
11,479.03 |
1,550.20 |
iShares Core U.S. Aggregate Bond ETF |
AGG US |
80,722.82 |
1,515.87 |
1,544.76 |
iShares National Muni Bond ETF |
MUB US |
31,556.58 |
8,564.01 |
1,403.69 |
Invesco S&P 500 Equal Weight ETF |
RSP US |
33,437.09 |
5,062.61 |
1,349.93 |
Health Care Select Sector SPDR Fund |
XLV US |
43,303.23 |
7,927.83 |
1,267.58 |
Vanguard Total Stock Market ETF |
VTI US |
274,582.72 |
23,202.76 |
1,257.22 |
iShares Core S&P Mid-Cap ETF |
IJH US |
65,560.08 |
4,838.73 |
1,170.61 |
iShares 20+ Year Treasury Bond ETF |
TLT US |
27,149.80 |
14,962.20 |
1,166.06 |
SPDR Bloomberg Barclays High Yield Bond ETF |
JNK US |
9,852.44 |
1,433.56 |
1,117.47 |
Vanguard Total Bond Market ETF |
BND US |
83,532.21 |
12,078.17 |
1,113.61 |
Vanguard Intermediate-Term Treasury ETF |
VGIT US |
13,627.69 |
5,312.79 |
1,094.92 |
Vanguard Growth ETF |
VUG US |
74,117.27 |
8,838.19 |
1,071.97 |
iShares Short-Term Corporate Bond ETF |
IGSB US |
22,658.60 |
1,280.08 |
1,040.73 |
The top 10 ETPs by net assets collectively gathered $1.15 Bn during November. United States Oil Fund LP (USO US) gathered $304.78 Mn, the largest individual net inflow.
Top 10 ETPs by net new assets November2022: US
Name |
Ticker |
Assets |
NNA |
NNA Nov-22 |
United States Oil Fund LP |
USO US |
2,352.84 |
(802.57) |
304.78 |
ProShares Ultra VIX Short-Term Futures |
UVXY US |
730.67 |
(58.36) |
262.37 |
ProShares UltraShort DJ-UBS Natural Gas |
KOLD US |
310.34 |
338.88 |
181.18 |
ProShares Ultra DJ-UBS Crude Oil |
UCO US |
877.48 |
(840.79) |
88.16 |
ProShares Short VIX Short-Term Futures |
SVXY US |
486.45 |
76.48 |
85.45 |
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 |
FNGU US |
716.23 |
449.33 |
79.40 |
MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs |
NRGD US |
143.38 |
231.39 |
57.77 |
iPath Series B S&P 500 VIX Short-Term Futures ETN |
VXX US |
363.53 |
(489.69) |
39.11 |
ProShares VIX Short-Term Futures ETF |
VIXY US |
294.93 |
28.34 |
32.16 |
United States Brent Oil Fund LP |
BNO US |
266.66 |
(48.94) |
24.31 |
Investors have tended to invest in Fixed Income ETFs/ETPs during November.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
##
? Session recordings - Register to watch the session recordings from our 2022 events.
2022 ETFGI Global ETFs Insights Summits:
2nd ESG & Active ETFs Trends, March 23th & 24th Watch the session recordings
3rd Annual Latin America, April 27th & 28th Watch the session recordings
3rd Annual Europe & MEA, September 14-16 Watch the session recordings
3rd Annual Asia Pacific, October 12 - 13 Watch the session recordings
3rd Annual USA, November 15 - 16 Watch the session recordings
4th Annual Canada, November 30 - December 1 Watch the session recordings
2023 ETFGI Global ETFs Insights Summits:
4th Annual Latin America, Register your interest here
4th Annual Europe & MEA, Register your interest here
4th Annual Asia Pacific, Register your interest here
4th Annual USA, Register your interest here
5th Annual Canada, Register your interest here
Please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova margareta.hricova@etfgi.com if you interested in speaking, sponsoring or have any questions about any of our upcoming events.
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.