ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of US$2.66 billion during November. Total assets invested ESG ETFs and ETPs increased by 7.40% from US$48.75 billion at the end of October to a record US$52.35 billion, according to ETFGI’s November 2019 ETFs and ETPs ESG industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in ESG ETFs and ETPs listed globally rose 7.4% in November 2019, to reach new record AUM of $52.35 billion.
- ESG ETFs and ETPs listed globally gathered $2.66 billion in net new assets during November.
- Europe leads with 118 ESG products and 54% of the assets.
At the end of November 2019, the Global ETF/ETP industry had 269 ETFs/ETPs, with 753 listings, assets of $52.35 Bn, from 71 providers on 29 exchanges in 58 countries. Following net inflows of $2.66 billion and market moves during the month, assets invested in ESG ETFs/ETPs listed globally increased 7.4%, from $48.75 billion at the end of October 2019 to a record $52.35 billion.
Global ESG ETF and ETP asset growth as at end of November 2019
Since the launch of the first ESG ETF/ETP in 2002, the iShares MSCI USA ESG Select ETF, the number and diversity of products has increased steadily, with 269 ESG ETFs/ETPs listed globally at the end of November 2019. In November, 7 new ESG ETFs/ETPs were launched.
Substantial inflows can be attributed to the top 20 ETFs/ETPs by net new assets, which collectively gathered $1.48 billion in November, JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF (JREM LN) gathered $201.25 million alone.
Top 20 ESG ETFs/ETPs by net new assets November 2019
Name |
Ticker |
Assets |
NNA |
NNA |
(US$ million) |
(US$ million) |
(US$ million) |
||
Nov-19 |
YTD-19 |
Nov-19 |
||
JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF |
JREM LN |
224.93 |
217.03 |
201.25 |
Shin Kong 10 Years China Treasury Policy Bank Green Bond ETF |
00774B TT |
841.06 |
849.59 |
98.14 |
UBS ETF (LU) MSCI World Socially Responsible UCITS ETF (USD) A-dis |
UIMM GY |
1340.87 |
358.33 |
92.82 |
Vanguard ESG US Stock ETF |
ESGV US |
790.74 |
610.61 |
89.63 |
iShares EUR High Yield Corp Bond ESG UCITS ETF |
EHYA NA |
88.39 |
88.16 |
88.16 |
UBS ETF (LU) MSCI Pacific Socially Responsible UCITS ETF (USD) A-dis |
UIMT GY |
467.29 |
338.57 |
87.51 |
iShares USD High Yield Corp Bond ESG UCITS ETF |
DHYE NA |
84.39 |
84.44 |
84.44 |
iShares MSCI USA ESG Screened UCITS ETF - Acc |
SASU LN |
128.71 |
121.64 |
74.71 |
UBS Irl ETF plc - S&P 500 ESG UCITS ETF - CHF Hdg - Acc |
5ESGS SW |
71.94 |
70.65 |
69.12 |
iShares MSCI EAFE ESG Optimized ETF |
ESGD US |
1361.52 |
754.18 |
66.80 |
UBS (Irl) ETF plc - MSCI ACWI Socially Responsible UCITS ETF |
AWSRIW SW |
199.51 |
92.42 |
63.25 |
Amundi Index MSCI Europe SRI UCITS ETF DR |
EUSRI FP |
209.58 |
187.88 |
62.67 |
iShares MSCI Japan SRI UCITS ETF |
SUJP LN |
192.99 |
134.31 |
59.44 |
UBS ETF (LU) - MSCI EMU Socially Responsible UCITS ETF (EUR) A-dis |
UIMR GY |
953.73 |
151.00 |
53.60 |
iShares MSCI EM SRI UCITS ETF |
SUES LN |
474.76 |
208.93 |
52.48 |
iShares MSCI KLD 400 Social ETF |
DSI US |
1747.32 |
225.87 |
52.02 |
iShares MSCI EM IMI ESG Screened UCITS ETF - Acc |
SAEM LN |
175.37 |
153.47 |
50.52 |
Vanguard ESG International Stock ETF |
VSGX US |
541.28 |
455.90 |
46.41 |
iShares Global Water UCITS ETF |
IH2O LN |
975.68 |
295.17 |
44.47 |
iShares Trust iShares ESG MSCI USA ETF |
ESGU US |
1352.94 |
1109.85 |
44.30 |
Confusion persists around what constitutes an ESG fund. According to PRI, a UN-supported initiative which seeks to understand the investment implications of ESG issues, 56% of adopters believe there is a lack of clarity in ESG definitions. ETFGI’s classification system attempts to provide greater precision, with ETFs/ETPs listed globally organised into categories, including core ESG products and theme-based groups, such as Clean/Alternative Energies and Gender Diversity.