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ETFGI Reports Assets Invested In Active ETFs And ETPs Listed Globally Reach Record High Of 86 Billion US Dollars At The End Of April 2018

Date 06/06/2018

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.