ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in active ETFs and ETPs listed globally reached a record high of US$86.09 Bn at the end of April 2018; an increase in assets of US$3.11 Bn from the previous record of US$82.97 Bn set at the end of March 2018. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in actively-managed ETFs/ETPs listed globally increased by $3.11 Bn during April to reach a new record high of $86.09 Bn
- In April 2018, actively-managed ETFs/ETPs listed globally saw net inflows of $2.75 Bn
- Active fixed income ETFs performed well this month, with assets invested in the PIMCO Enhanced Short Maturity Strategy Fund (MINT US) reaching a new record high of $8.99 Bn
According to ETFGI’s April 2018 active ETF and ETP industry insights report, an annual paid-for research subscription service, active ETFs and ETPs listed globally gathered $2.75 Bn in net inflows, bringing YTD net inflows to $12.12 Bn. This represents 78.24% more than the $6.80 Bn in net inflows at this point last year.
Global Active ETF and ETP asset growth as at end of April 2018
At the end of April 2018, the Global active ETF/ETP industry had 483 ETFs/ETPs, with 585 listings, assets of $86.09 Bn, from 101 providers on 18 exchanges in 15 countries.
April 2018 marked the 40th consecutive month of net inflows into active ETFs/ETPs listed globally.
The $2.75 Bn gathered during April was 39.83% more than net inflows during this month last year.
The majority of monthly net new inflows can be attributed to the top 20 ETFs by net new assets, which collectively have gathered $7.87 Bn during 2018. The PIMCO US Dollar Short Maturity ETF (MINT US) on its own accounted for year-to-date net inflows of $945 Mn.
Top 20 active ETFs by net new assets
Name | Country listed | Ticker | Assets (US$ Mn) Apr-18 | ADV (US$ Mn) Apr-18 |
NNA (US$ Mn) Apr-18 |
PIMCO Enhanced Short Maturity Strategy Fund | US | MINT US | 8,991 | 106.2 | 945 |
BMO Europe High Dividend Covered Call ETF | Canada | ZWP CN | 781 | 1.3 | 789 |
iShares Short Maturity Bond ETF | US | NEAR US | 3,596 | 43.0 | 717 |
First Trust Enhanced Short Maturity Fund | US | FTSM US | 1,998 | 33.6 | 558 |
PowerShares DB Optimum Yield Diversified Commodity | US | PDBC US | 1,305 | 13.1 | 502 |
Mirae Asset Tiger Money Market Active ETF | S.Korea | 272580 KS | 654 | 0.0 | 461 |
JPMorgan Ultra-Short Income ETF | US | JPST US | 561 | 16.1 | 451 |
SPDR Blackstone/GSO Senior Loan ETF | US | SRLN US | 2,785 | 27.2 | 412 |
PIMCO US Dollar Short Maturity ETF | UK | MINT LN | 2,971 | 1.6 | 376 |
First Trust Preferred Securities and Income Fund | US | FPE US | 3,522 | 15.5 | 358 |
ARK Innovation ETF | US | ARKK US | 709 | 10.3 | 329 |
First Trust Low Duration Mortgage Opportunities ETF | US | LMBS US | 1,279 | 15.2 | 326 |
iShares Commodities Select Strategy ETF | US | COMT US | 634 | 15.3 | 313 |
ARK Web x.O ETF | US | ARKW US | 464 | 9.4 | 218 |
Janus Short Duration Income ETF | US | VNLA US | 413 | 4.6 | 198 |
Amplify Transformational Data Sharing ETF | US | BLOK US | 176 | 1.8 | 193 |
First Trust RiverFront Dynamic Developed International ETF | US | RFDI US | 672 | 2.4 | 193 |
PIMCO Monthly Income Fund | Canada | PMIF CN | 400 | 3.7 | 192 |
iShares Liquidity Income ETF | US | ICSH US | 326 | 5.9 | 183 |
First Trust Senior Loan ETF | US | FTSL US | 1,500 | 8.3 | 161 |
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Globally-listed active equity ETFs/ETPs gathered net inflows of $279 Mn during April, growing net inflows for 2018 to $3.53 Bn, which is more than three times more than at this point last year.
Similarly, active fixed income ETFs and ETPs gathered net inflows of $1.95 Bn in April, bringing net inflows for 2018 to $7.10 Bn, which is greater than the $5.58 Bn in net inflows at this point last year.
Investors have tended to invest in active fixed income ETFs in April 2018 with PIMCO US Dollar Short Maturity ETF (MINT US) and iShares Short Maturity Bond ETF (NEAR CN) capturing most of the flows.