ETFGI reports year-to-date net inflows into the Global ETFs industry of US$596.75 billion are the 2nd highest on record

LONDON October 17, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today year-to-date net inflows of US$596.75 billion are the 2nd highest on record. The global ETFs industry gathered US$67.70 Bn in net inflows in September, bringing year to date net inflows to US$596.75 Bn. Assets invested in the global ETFs industry have increased 11.3% year-to-date in 2023, going from US$9.26 trillion at end of 2022 to $10.31 trillion, according to ETFGI's September 2023 global 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 $67.70 Bn during September.
  • YTD net inflows of $ 596.75 Bn are the second highest on record, after YTD net inflows of $923.16 Bn in 2021.
  • 52nd month of consecutive net inflows.
  • Assets of $10.31 Tn invested in the global ETFs industry at the end of September.
  • Assets have increased 11.3% YTD in 2023, going from $9.26 Tn at end of 2022 to $10.31 Tn.

“The S&P 500 decreased by 4.77% in September and is up 13.07% YTD in 2023. Developed markets excluding the US decreased by 3.54% in September and are up 6.66% YTD in 2023. Netherlands (down 7.90%) and Ireland (down 7.31%) saw the largest decreases amongst the developed markets in September. Emerging markets decreased by 1.86% during September but are up 3.47% YTD in 2023. Thailand (down 9.38%) and Poland (down 9.33%) saw the largest decreases amongst emerging markets in September.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI. 

Global ETFs industry assets growth as of the end of September 

The Global ETFs industry had 11,627 products, with 23,560 listings, assets of $10.31 trillion, from 710 providers listed on 80 exchanges in 63 countries at the end of September.

During September, ETFs gathered net inflows of $67.70 Bn. Equity ETFs reported net inflows of $43.11 Bn during September, bringing YTD net inflows to $293.26 Bn, significantly lower than the $334.14 Bn in net inflows YTD in 2022. Fixed income ETFs reported net inflows of $12.57 Bn during September, bringing YTD net inflows to $196.98 Bn, much higher than the $147.20 Bn in net inflows YTD in 2022. Commodities ETFs/ETPs reported net outflows of $3.66 Bn during September, bringing YTD net outflows to $10.02 Bn, significantly lower than the 
$7.25 Bn in net outflows YTD in 2022. Active ETFs attracted net inflows of $14.09 Bn during the month, gathering  YTD net inflows of $112.62 Bn, higher than the $89.50 Bn YTD in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $38.51 Bn during September. SPDR S&P 500 ETF Trust (SPY US) gathered $9.43 Bn, the largest individual net inflow.

Top 20 ETFs by net new inflows September 2023: Global

Name

Ticker

Assets
($ Mn)
Sep-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Sep-23

SPDR S&P 500 ETF Trust

SPY US

403,788.61

6,837.79

9,431.89

iShares Core S&P 500 ETF

IVV US

336,851.43

18,591.62

6,028.44

iShares National Muni Bond ETF

MUB US

34,458.24

3,553.15

2,317.56

Vanguard Total Bond Market ETF

BND US

94,694.20

12,782.06

2,056.05

Vanguard Total Stock Market ETF

VTI US

301,859.18

13,831.37

2,026.48

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

BIL US

31,149.96

4,339.73

1,726.90

iShares 0-3 Month Treasury Bond ETF

SGOV US

15,630.14

8,169.72

1,586.84

iShares Core MSCI World UCITS ETF - Acc

IWDA LN

57,154.02

7,341.05

1,443.00

Vanguard Intermediate-Term Treasury ETF

VGIT US

17,927.69

4,890.96

1,337.12

iShares 20+ Year Treasury Bond ETF

TLT US

38,547.09

16,656.49

1,277.63

Fuh Hwa Taiwan Technology Dividend Highlight ETF

00929 TT

2,602.19

2,547.37

1,148.01

iShares Russell 1000 Growth ETF

IWF US

69,081.65

(3,865.12)

1,069.64

Capital Group Dividend Value ETF

CGDV US

3,897.82

2,275.99

980.84

First Trust NASDAQ-100 Technology Index Fund

QTEC US

2,819.40

993.18

955.49

JPMorgan Equity Premium Income ETF

JEPI US

29,275.52

12,332.86

942.44

Consumer Discretionary Select Sector SPDR Fund

XLY US

17,432.06

1,819.27

934.14

Mirae Asset TIGER CD Rate Investment Synth ETF

357870 KS

5,074.79

2,232.14

863.45

JPMorgan Global Select Equity ETF

JGLO US

845.68

836.43

836.43

Capital TIP Taiwan Select High Dividend ETF

00919 TT

1,410.51

955.81

815.55

SAMSUNG KODEX CD Rate Active ETF SYNTH

459580 KS

2,100.93

1,957.95

736.95

The top 10 ETPs by net new assets collectively gathered $1.04 Bn over September. Invesco Physical Gold ETC - EUR Hdg Acc (SGLE IM) gathered $354.39 Mn, the largest individual net inflow.

Top 10 ETPs by net new inflows September 2023: Global

Name

Ticker

Assets
($ Mn)
Sep-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Sep-23

Invesco Physical Gold ETC - EUR Hdg Acc

SGLE IM

584.52

35.28

354.39

NH QV KIS CD Interest Rate Investment ETN 82

550082 KS

301.20

229.80

150.60

ProShares UltraShort DJ-UBS Crude Oil

SCO US

289.16

85.02

90.51

ProShares Ultra DJ-UBS Natural Gas

BOIL US

901.02

1,594.03

89.74

Global X Physical Silver

ETPMAG AU

166.61

87.10

81.21

iShares Silver Trust

SLV US

10,192.33

(545.07)

80.12

Invesco DB Commodity Index Tracking Fund

DBC US

2,176.76

(465.42)

56.70

United States Oil Fund LP

USO US

1,479.62

(743.66)

48.50

iPath Series B S&P 500 VIX Short-Term Futures ETN

VXX US

456.00

389.99

47.62

United States Natural Gas Fund LP

UNG US

1,159.63

1,142.46

37.44

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