ETFs

Assets Invested In US ETFs/ETPs Industry Reach High of $3.96 Trillion at End of June 2019

LONDON — July 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 in US gathered net inflows of US$48.62 billion in June, bringing year-to-date net inflows to US$115.86 billion. Assets invested in the US ETF/ETP industry have increased by 6.4%, from US$3.72 trillion at the end of May, to a new high of US$3.96 trillion at the end of June, according to ETFGI's June 2019 US ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.) 

Highlights

  • Assets invested in the US ETF/ETP industry reached $3.96 Trillion.
  • ​​​Asset invested in the US ETF/ETP industry increased 6.4% in June.
  • June 2019, ETFs/ETPs listed in US saw US$48.62 Bn in net inflows.

“Global equities rebounded from prior month losses, with 45 of 49 countries in S&P’s global index posting gains. The S&P 500 gained 7.1% in June (up 4.3% Q2 and up 18.7% H1), bolstered by a dovish Federal Reserve sentiment and optimism surrounding a potential trade deal during the G20 talks contributed to a rebound in U.S. equities with the S&P 500 finishing near all-time high. This trend was followed in the Eurozone and Japanese markets” according to Deborah Fuhr, managing partner and founder of ETFGI.

Growth in US ETF and ETP assets as of the end of June 2019

ETFGI chart

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.

At the end of June 2019, the US ETF/ETP industry had 2,280 ETFs/ETPs, from 151 providers listed on 3 exchanges.

In June 2019, ETFs/ETPs gathered net inflows of US$48.62 Bn.  Fixed income ETFs/ETPs listed in US attracted the largest net inflows of US$23.66 Bn in June, bringing net inflows for 2019 to $65.54 Bn, considerably greater than the US$38.52 Bn in net inflows fixed income products had attracted by the end of June 2018.  Equity ETFs/ETPs listed in US attracted net inflows of US$21.15 Bn in June, bringing net inflows for 2019 to US$41.30 Bn, substantially less than the US$71.02 Bn in net inflows equity products had attracted by the end of June 2018. Commodity ETFs/ETPs gathered US$2.16 (I see 2.95) Bn bringing net inflows to US$2.95(I see 152 Mn) Bn for 2019 which is significantly/slightly greater than the US$152 (I see 112) Mn in net inflows gathered through June 2018.

Substantial inflows can be attributed to the top 20 ETF's by net new assets, which collectively gathered US$34.29 Bn in June, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD US) gathered US$4.54 Bn alone.

Top 20 ETFs by net new assets June 2019: US

ETFGI chart

The top 10 ETP's by net new assets collectively gathered $3.58 Bn in June. The SPDR Gold Shares (GLD US) gathered $2.24 Bn alone.

ETFGI chart

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. 

Investors have tended to invest in Fixed Income and equity ETFs in June.

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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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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Deborah Fuhr

Deborah Fuhr, partner and co-founder of ETFGI, an independent research and consulting firm providing services to investors and the ETF industry. Prior roles Global Head of ETF Research and Implementation Strategy and a Managing Director at BlackRock/BGI for 3 years and Managing Director and head of the Investment Strategies Group for 11 years.

Read Deborah's Bio