ETFGI: Assets Of ETFs And ETPs Listed In The United States Reached US$1.8 Trillion, A New Record High, At The End Of May 2014

ETFs and ETPs listed in the United States gathered US$13.6 billion in net new assets in May which, when combined with a small positive market performance in the month, pushed assets in the US listed ETF/ETP industry to a new record high of US$1.8 trillion, according to preliminary data from ETFGI’s May 2014 Global ETF and ETP industry insights report. At the end of May 2014 the US ETF/ETP industry had 1,591 ETFs/ETPs, from 58 providers listed on 3 exchanges.

The ETF/ETP industry globally and in many countries and regions hit record highs in assets at the end of May 2014, including:  ETFs/ETPs listed globally US$2.55 trillion; in the United States US$1.8 trillion; in Europe US$459 billion; in Japan US$86.7 billion; in Canada US$63.2 billion and in the Middle East and Africa US$41.7 billion.

“Year-to-date investors have invested net new money in almost equal amounts into equity and fixed income exposures. The S&P 500 ended May at an all-time high (1924). The S&P 500 is up 5% year to date, while the DJIA is up only 2%. US stocks have advanced each month in 2014 except for January. During May developed markets gained 2% and emerging markets 4% with Asia showing strong performance up 4%.” according to Deborah Fuhr, Managing Partner at ETFGI.

In May 2014 ETFs/ETPs listed in the United States gathered net inflows of US$13.59 billion. Fixed income ETFs/ETPs gathered the largest net inflows with US$9.0 billion, followed by equity ETFs/ETPs with US$3.8 billion, while commodity ETFs/ETPs saw net outflows of US$60 million.

YTD, through end of May 2014, ETFs/ETPs have seen net inflows of US$48.5 billion, which is significantly less than the US$84.8 billion of net inflows gathered at this time last year. Fixed income and Equity ETFs/ETPs have gathered nearly identical levels of net new assets YTD with US$22.4 billion and US$ 22.1 billion in net inflows, respectively, while commodity ETFs/ETPs have experienced net outflows of US$1.4 billion YTD.

YTD Vanguard has gathered the largest net ETF/ETP inflows with US$24.2 billion, followed by iShares with US$20.0 billion in net inflows, and First Trust with US$5.3 billion in net inflows.