ETFGI, a leading independent research and consultancy firm covering trends in the global ETFsecosystem, reported today that assets invested in the ETFs industry in Asia Pacific (ex-Japan) reached a new record high of US$899.65 billion at the end of May. ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of US$8.61 billion during May, bringing year-to-date net inflows to US$118.00 billion, according to ETFGI's May 2024 Asia Pacific (ex-Japan) ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in the ETFs industry in Asia Pacific (ex-Japan) reached a new record of $889.65 Bn at the end of May beating the previous record of $884.51 Bn at the end of April 2024.
- Assets have increased by 14.7% YTD in 2024, going from $784.24 Bn at end of 2023 to $889.65 Bn.
- Net inflows of $8.61 Bn during May.
- YTD net inflows of $118.00 Bn are the highest record, the second highest YTD net inflows are $63.59 Bn in 2022, followed by YTD net inflows of $44.12 Bn in 2023.
- 35th month of consecutive net inflows.
“The S&P 500 index increased by 4.96% in May and is up by 11.30% YTD in 2024. The developed markets excluding the US index increased by 3.62% in May and is up 6.09% YTD in 2024. Norway (up 10.84%) and Portugal (up 8.72%) saw the largest increases amongst the developed markets in May. The emerging markets index increased by 1.17% during May and is up 4.97% YTD in 2024. Egypt (up 11.82%) and Czech Republic (up 9.44%) saw the largest increases amongst emerging markets in May,” according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
ETFs industry in Asia Pacific (ex-Japan) asset growth as at the end of May
At the end of May 2024, the ETFs industry in Asia Pacific (ex-Japan) had 3,414 ETFs, with 3,601 listings, assets of $899.65 Bn, from 255 providers listed on 20 exchanges in 15 countries.
During May, ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of $8.61 Bn. Equity ETFs gathered net inflows of $1.64 Bn over May, bringing YTD net inflows to $83.44 Bn, much higher than the $25.53 Bn in YTD net inflows in 2023. Fixed income ETFs reported net inflows of $4.64 Bn during May, bringing YTD net inflows to $27.80 Bn, higher than the $11.39 Bn in net inflows YTD in 2023. Commodities ETFs reported net inflows of $571.47 Mn during May, bringing YTD net inflows to $2.76 Bn, higher than the $192.33 Mn in net inflows YTD in 2023. Active ETFs had net inflows of $1.60 Bn during the month, gathering net inflows for the year of $4.14 Bn, lower than the $5.85 Bn in net inflows YTD in 2023.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $7.10 Bn during May. CAPITAL ICE ESG 20+ YEAR BBB US CORPORATE ETF (00937B TT) gathered $1.26 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets in May 2024: Asia Pacific (ex-Japan)
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
CAPITAL ICE ESG 20+ YEAR BBB US CORPORATE ETF |
00937B TT |
5,036.68 |
4,072.11 |
1,259.19 |
|
Fuh Hwa Taiwan Technology Dividend Highlight ETF |
00929 TT |
6,516.56 |
2,572.08 |
719.51 |
|
Yuanta US Treasury 20+ Year Bond ETF |
00679B TT |
6,705.21 |
2,307.45 |
466.17 |
|
Yuanta/P-shares Taiwan Top 50 ETF |
0050 TT |
10,086.50 |
(1,335.29) |
391.26 |
|
China Asset GEM Index Investment Fund - Acc |
159957 CH |
448.42 |
385.15 |
378.78 |
|
HFT CSI Commercial Paper ETF |
511360 CH |
4,478.23 |
1,032.63 |
373.01 |
|
GLOBAL X MSCI CHINA ETF |
3040 HK |
857.35 |
750.68 |
338.66 |
|
Cathay Taiwan Select ESG Sustainability High Yield ETF |
00878 TT |
8,690.71 |
628.80 |
333.60 |
|
Nippon India ETF Nifty 50 BEES |
NBEES IN |
3,238.78 |
699.62 |
281.05 |
|
Betashares Geared Long Australian Government Bond Fund Hedge Fund |
GGAB AU |
272.22 |
271.93 |
269.82 |
|
BetaShares Australia 200 ETF |
A200 AU |
3,350.38 |
647.16 |
255.26 |
|
HuaAn Yifu Gold ETF |
518880 CH |
2,914.53 |
689.84 |
252.19 |
|
Ping An China Bond - Medium-High Grade Corporate Bond Spread factors ETF Fund - Acc |
511030 CH |
1,559.96 |
707.43 |
247.04 |
|
SAMSUNG KODEX 25-11 Bank Bond AA- or higher Plus Active ETF |
476810 KS |
558.37 |
539.27 |
234.19 |
|
Penghua CSI 300 ETF |
159673 CH |
395.49 |
270.96 |
228.09 |
|
SAMSUNG KODEX CD Rate Active ETF SYNTH |
459580 KS |
6,629.83 |
1,491.45 |
223.10 |
|
KGI 15+ Years AAA-A US Corporate Bond ETF |
00777B TT |
1,879.49 |
384.45 |
221.76 |
|
GTJA Allianz CSI All-share Semi-conductor Product and Equipment ETF - Acc |
512480 CH |
2,871.09 |
(240.75) |
213.87 |
|
Capital Tip Customized Taiwan Tech High Dividend and Growth Exchange Traded Fund |
00946 TT |
209.04 |
209.04 |
209.04 |
|
HFT SSE Municipal bond ETF - Acc |
511220 CH |
1,174.87 |
765.00 |
208.68 |
The top ETPs by net new assets collectively gathered $99.67 Mn during May. MiraeAsset Securities Miraeasset -1.5X Natural Gas Futures ETN 92 (520077 KS) gathered $46.73 Mn, the largest individual net inflow.
Top ETPs by net inflows in May 2024: Asia Pacific (ex-Japan)
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
MiraeAsset Securities Miraeasset -1.5X Natural Gas Futures ETN 92 |
520077 KS |
46.73 |
46.73 |
46.73 |
|
MiraeAsset Securities Miraeasset 1.5X Natural Gas Futures ETN 91 |
520076 KS |
28.34 |
28.34 |
28.34 |
|
Value Gold ETF - Acc |
3081 HK |
283.64 |
16.61 |
12.84 |
|
Global X Physical Silver |
ETPMAG AU |
228.16 |
4.65 |
8.71 |
|
Shinhan SOL IHS Markit Global Carbon Emission Synthetic ETF |
400590 KS |
18.29 |
2.75 |
1.93 |
|
Perth Mint Gold - Acc |
PMGOLD AU |
583.25 |
(71.47) |
0.76 |
|
Global X Physical Platinum |
ETPMPT AU |
13.70 |
0.20 |
0.19 |
|
Schroder Real Return Fund |
GROW AU |
35.36 |
(2.19) |
0.17 |
Investors have tended to invest in Fixed income ETFs/ETPs during May.
