ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research and annual events on trends in the global ETFs industry, reported today that assets invested in the ETFs industry in Europe reached a new record of US2.25 trillion at the end of September. During September the industry gathered net inflows of US$24.27 billion, bringing year-to-date net inflows to a record US$176.24 billion, according to ETFGI's September 2024 European 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.)
- Assets invested in the ETFs industry in Europe ETFs reached a new record $2.25 Tn at the end of September beating the previous record of $2.18 Tn at the end of August 2024.
- Assets have increased 23.7% YTD in 2024, going from $1.82 Tn at end of 2023 to $2.25 Tn.
- Net inflows of $24.27 Bn in September.
- YTD net inflows of $176.24 Bn are the highest on record, while the second highest YTD net inflows are $154.02 Bn in 2021 and the third highest YTD net inflows are $103.00 Bn in 2023.
- 24th month of consecutive net inflows.
“The S&P 500 index increased by 2.14% in September and is up by 22.08% year-to-date in 2024. The developed market index excluding the US increased by 1.26% in September and is up 12.53% YTD in 2024. Hong Kong (up 16.51%) and Singapore (up 7.43%) saw the largest increases amongst the developed markets in September. The emerging market index increased by 7.72% during September and is up 19.45% YTD in 2024. China (up 23.89%) and Thailand (up 12.43%) saw the largest increases amongst emerging markets in September.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Growth in assets invested in the ETFs industry in Europe as at the end of September
The ETFs industry in European had 3,076 products, with 12,638 listings, assets of $2.25 Tn, from 101 providers listed on 29 exchanges in 24 countries.
During September, ETFs gathered net inflows to $24.27 Bn. Equity ETFs gathered net inflows of $15.34 Bn during September, bringing YTD net inflows to $122.27 Bn, higher than the $55.43 Bn in YTD net inflows in 2023. Fixed income ETFs had net inflows of $6.12 Bn during September, bringing YTD net inflows to $46.94 Bn, slightly higher than the $46.20 Bn in YTD net inflows fixed in 2023. Commodities ETFs reported net inflows of $33.50 Mn during September, bringing YTD net outflows to $4.90 Bn, more than the $4.60 Bn in YTD net outflows in 2023. Active ETFs attracted net inflows of $2.42 Bn in September, gathering net inflows YTD of $11.99 Bn, higher than the $6.04 Bn in net inflows YTD in 2023.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $14.47 Bn during September. iShares Core € Corp Bond UCITS ETF (IEBC LN) gathered $1.63 Bn, the largest individual net inflow.
Top 20 ETFs by net inflows in September 2024: Europe
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
IEBC LN |
18,992.88 |
833.73 |
1,631.42 |
|
|
iShares Core MSCI World UCITS ETF |
IWDA LN |
87,639.76 |
8,550.71 |
1,518.28 |
|
iShares S&P 500 Equal Weight UCITS ETF |
EWSP LN |
3,727.46 |
1,666.10 |
1,336.88 |
|
Xtrackers S&P 500 Equal Weight UCITS ETF (DR) - 1C |
XDEW GY |
8,964.93 |
2,266.96 |
1,292.12 |
|
Invesco S&P 500 UCITS ETF - Acc |
SPXS LN |
31,848.78 |
4,707.42 |
928.93 |
|
Xtrackers S&P 500 Equal Weight ESG UCITS ETF |
XZEW GY |
1,910.11 |
1,404.12 |
755.24 |
|
iShares Core MSCI EM IMI UCITS ETF |
EMIM LN |
24,577.95 |
1,892.31 |
726.91 |
|
Xtrackers MSCI World ESG UCITS ETF - 1C |
XZW0 LN |
7,588.27 |
1,184.63 |
641.42 |
|
Xtrackers MSCI AC World ESG Screened UCITS ETF |
XMAW GY |
4,550.66 |
437.70 |
577.69 |
|
Amundi Stoxx Europe 600 UCITS ETF - Acc |
MEUD FP |
10,037.08 |
1,515.29 |
565.56 |
|
SPDR S&P 500 UCITS ETF |
SPY5 GY |
18,399.15 |
7,737.24 |
533.11 |
|
iShares Core S&P 500 UCITS ETF |
CSSPX SW |
99,844.00 |
10,926.76 |
510.51 |
|
iShares Core UK Gilts UCITS ETF |
IGLT LN |
4,179.57 |
698.64 |
499.32 |
|
Lyxor Smart Overnight Return - UCITS ETF - C-EUR |
CSH2 FP |
4,129.81 |
1,253.79 |
487.56 |
|
Fidelity Sustainable USD Corporate Bond Paris-Aligned Multifactor UCITS ETF |
FUIE GY |
499.32 |
466.57 |
466.57 |
|
iShares J.P. Morgan $ EM Bond UCITS ETF |
SEMB LN |
7,548.33 |
484.73 |
434.23 |
|
Xtrackers MSCI USA Swap UCITS ETF |
XMUS GY |
6,571.30 |
517.84 |
425.31 |
|
Vanguard FTSE All-World UCITS ETF |
VWRD LN |
31,085.45 |
5,164.72 |
417.20 |
|
iShares $ Treasury Bond 1-3yr UCITS ETF |
IBTS LN |
11,322.17 |
407.83 |
364.16 |
|
iShares MSCI EM Asia UCITS ETF |
CSEMAS SW |
3,246.70 |
464.47 |
361.52 |
The top 10 ETPs by net new assets collectively gathered $1.10 Bn during September. WisdomTree Brent Crude Oil (BRNT LN) gathered $239.75 Mn the largest individual net inflow.
Top 10 ETPs by net inflows in September 2024: Europe
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
BRNT LN |
660.96 |
(1,081.09) |
239.75 |
|
|
SMO Physical Gold ETC |
BARS LN |
731.35 |
683.58 |
225.62 |
|
WisdomTree Copper |
COPA LN |
1,383.09 |
(212.15) |
176.24 |
|
Hashdex Nasdaq Crypto Index Europe ETP |
HASH SW |
350.59 |
329.21 |
143.34 |
|
AMUNDI PHYSICAL GOLD ETC (C) - Acc |
GOLD FP |
5,264.43 |
173.27 |
94.27 |
|
WisdomTree Industrial Metals |
AIGI LN |
606.97 |
104.99 |
77.29 |
|
WisdomTree Physical Gold - GBP Daily Hedged |
GBSP LN |
1,703.07 |
(19.18) |
63.87 |
|
WisdomTree WTI Crude Oil 3x Daily Leveraged |
3OIL LN |
64.64 |
22.22 |
31.42 |
|
WisdomTree WTI Crude Oil |
CRUD LN |
570.14 |
(211.02) |
29.09 |
|
21Shares Bitcoin Core ETP |
CBTC SW |
137.96 |
62.25 |
24.09 |
Investors have tended to invest in Equity ETFs during September.
