LONDON — May 17, 2019 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed Globally gathered net inflows of US$45.94 billion in March, bringing year-to-date net inflows to US$145.74 billion. Assets invested in the Global ETF/ETP industry finished the month up 3.2%, from US$5.4 trillion at the end of March, to US$5.57 trillion, according to ETFGI's April 2019 Global ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
- Assets invested in the Global ETF/ETP industry reach a new record US$5.57 Tn.
- Assets invested in the Global ETF/ETP industry increased 3.2% in April.
- During April 2019, ETFs/ETPs listed Globally attracted $45.94 Bn in net inflows.
- 63 consecutive months of net inflows into ETFs/ETPs listed globally.
“Markets appear to have returned to the relative calm they had grown accustomed to over the past few years. Returns for developed indices were higher in April compare to March. The S&P 500 finished April up 4.05%, with year-to-date returns of 13.7%, marking its best quarter since ‘09. The S&P Europe 350 fell -1.42% in March, as economic data from the region continues to send mixed signals, bringing year-to-date returns to 11.85%. The Topix 150 in Japan was up 1.14% in April, bringing year-to-date returns of 3.77%. Emerging & Frontier returns continued to outpace developed markets. The S&P Emerging BMI and Frontier BMI finished March up 1.11% and -0.87%%, bringing year to date returns to 6.12% and 9.87%, respectively.” according to Deborah Fuhr, managing partner and founder of ETFGI.
At the end of April 2019, the Global ETF/ETP industry had 7,774 ETFs/ETPs, from 412 providers listed on 71 exchanges in 58 countries. Following net inflows of $45.94 Bn and market moves during the month, assets invested in the Global ETF/ETP industry increased by 3.2% from $5.4 Tn at the end of March, to $5.57 Tn.
Growth in Global ETF and ETP assets as of the end of April 2019
Equity ETFs/ETPs listed Globally attracted net inflows of $34.74 Bn in April, bringing net inflows for 2019 to $71.04 Bn, substantially less than the $116.54 Bn Mn in net inflows equity products had attracted by the end of April 2018. Fixed income ETFs/ETPs listed Globally attracted net inflows of $12.35 Bn in April, bringing net inflows for 2019 to $68.62 Bn, considerably greater than the $33.62 Bn in net inflows fixed income products had attracted by the end of April 2018.
Substantial inflows can be attributed to the top 20 ETF's by net new assets, which collectively gathered $33.82 Bn in March, the SPDR S&P 500 ETF Trust (SPY US) gathered $5.01 Bn alone.
Top 20 ETFs by net new assets April 2019: Global
SPDR S&P 500 ETF Trust
iShares 20+ Year Treasury Bond ETF
Nikkei 225 Exchange Traded Fund
iShares Core S&P 500 ETF
iShares Core MSCI EAFE ETF
Invesco QQQ Trust
Financial Select Sector SPDR Fund
Reliance CPSE ETF
iShares US Treasury Bond ETF
JPMorgan BetaBuilders Canada ETF
Vanguard S&P 500 ETF
SPDR Dow Jones Industrial Average ETF
TOPIX Exchange Traded Fund
Vanguard Total Stock Market ETF
JPMorgan BetaBuilders Europe ETF
Listed Index Fund TOPIX
iShares Core U.S. Aggregate Bond ETF
iShares € High Yield Corp Bond UCITS ETF
First Trust Utilities AlphaDEX Fund
iShares 7-10 Year Treasury Bond ETF
The top 10 ETP's by net new assets collectively gathered $1.63 Bn in March. Invesco Gold ETC (SGLD LN) gathered $337 Mn.
Top 10 ETPs by net new assets March 2019: Global
Invesco Gold ETC
VelocityShares Daily 2x VIX Short Term ETN
ProShares Ultra VIX Short-Term Futures
VelocityShares Daily 3x Long Natural Gas ETN
iPath Series B S&P 500 VIX Short-Term Futures ETN
Xtrackers Energy Booster Euro Hedged ETC
VelocityShares 3x Inverse Crude Oil ETN
ProShares VIX Short-Term Futures ETF
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
Investors have tended to invest in large cap equity/fixed income ETFs in April.
Please contact firstname.lastname@example.org if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services. ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, Founder, ETFGI website www.etfgi.com.