ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$31.52 billion during February, bringing year-to-date net inflows to US$98.68 billion which is higher than the US$61.57 billion gathered at this point last year. Assets invested in the global ETFs/ETPs industry have decreased by 5.4%, from US$6.39 trillion at the end of January 2020, to US$6.04 trillion at the end of February, according to ETFGI's February 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- ETFs and ETPs listed globally gathered US$31.52 billion in net inflows in February
- Year-to-date net inflows of $98.68 billion are higher than the $61.57 billion gathered at this point in 2019
- Assets of $6.04 trillion invested in the Global ETFs/ETPs industry at the end of February are the 4th highest on record.
- Fixed income products gathered more net inflows than Equity at the end of February.
“At the end of February, the S&P 500 was down 8.2% as coronavirus cases continued to spread and the potential economic impact weighed on investors and the markets. Outside the U.S., the S&P Developed ex-U.S. BMI declined nearly 9.0%. The S&P Emerging BMI lost 5.1% during the month. Global equities as measured by the S&P Global BMI ended down 8.1% with 49 of 50 included country indices down, while China gained 0.9%.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Global ETF and ETP assets as of the end of February 2020 go to www.ETFGI.com to see the chart.
At the end of February 2020, the Global ETFs/ETPs industry had 7,980 ETFs/ETPs, with 16,008 listings from 445 providers on 71 exchanges in 58 countries.
At the end of February 2020, ETFs/ETPs gathered net inflows of $31.52 billion. Equity ETFs/ETPs listed globally gathered net inflows of $3.83 billion at end of February, bringing net inflows for 2020 to $37.97 billion, greater than the $19.70 billion in net inflows equity products had attracted by the end of February 2019. Fixed income ETFs/ETPs listed globally attracted net inflows of $14.76 billion at the end of February, bringing net inflows for 2020 to $35.89 billion, slightly lower than the $38.33 billion in net inflows fixed income products had attracted by the end of February 2019. Commodity ETFs/ETPs reported $5.40 billion in net inflows bringing net inflows for 2020 to $9.53 billion, which is greater than the $1.26 billion in net inflows gathered through February 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $36.83 billion at the end of February, the iShares Core S&P 500 ETF (IVV US) gathered $6.88 billion alone.
Top 20 ETFs by net new inflows February 2020: Global
Name |
|
Ticker |
Assets |
NNA |
NNA |
iShares Core S&P 500 ETF |
|
IVV US |
190,417.60 |
9,097.11 |
6,882.87 |
Vanguard S&P 500 ETF |
|
VOO US |
129,191.01 |
5,279.51 |
3,349.26 |
Vanguard Total Stock Market ETF |
|
VTI US |
130,322.87 |
5,368.43 |
2,862.39 |
iShares Core U.S. Aggregate Bond ETF |
|
AGG US |
76,410.61 |
4,602.55 |
2,439.28 |
ChinaAMC CSI 5G Communications Theme ETF |
|
515050 CH |
3,117.57 |
1,815.76 |
1,852.85 |
iShares 7-10 Year Treasury Bond ETF |
|
IEF US |
21,479.46 |
2,677.01 |
1,795.82 |
Vanguard Total Bond Market ETF |
|
BND US |
54,284.29 |
4,014.69 |
1,737.60 |
Vanguard FTSE Developed Markets ETF |
|
VEA US |
73,846.64 |
3,414.21 |
1,733.70 |
ChinaAMC CNI Semi-conductor Chip ETF |
|
159995 CH |
1,739.24 |
1,707.39 |
1,707.39 |
Invesco QQQ Trust |
|
QQQ US |
84,631.00 |
401.03 |
1,395.04 |
Vanguard Intermediate-Term Corporate Bond ETF |
|
VCIT US |
29,785.60 |
3,210.54 |
1,323.52 |
SPDR Bloomberg Barclays Mortgage Backed Bond ETF |
|
SPMB US |
2,136.70 |
1,356.42 |
1,275.16 |
Consumer Staples Select Sector SPDR Fund |
|
XLP US |
13,161.83 |
773.11 |
1,178.02 |
iShares Broad USD High Yield Corporate Bond ETF |
|
USHY US |
4,464.68 |
1,714.98 |
1,152.40 |
Ping An CSI New Energy Automobile Industry ETF |
|
515700 CH |
1,019.77 |
1,081.01 |
1,081.01 |
TOPIX Exchange Traded Fund |
|
1306 JP |
90,731.57 |
2,019.00 |
1,068.49 |
UBS ETF-MSCI Emerging Markets UCITS ETF A - Acc |
|
EMMUSC SW |
3,938.75 |
1,048.67 |
1,030.03 |
Vanguard Total International Stock Index Fund ETF |
|
VXUS US |
18,499.81 |
1,730.22 |
1,013.56 |
NEXT FUNDS Nikkei 225 Leveraged Index ETF |
|
1570 JP |
2,478.93 |
1,381.91 |
978.01 |
Vanguard Total International Bond ETF |
|
BNDX US |
27,085.33 |
2,080.56 |
976.00 |
The top 10 ETPs by net new assets collectively gathered $4.14 billion in February. The SPDR Gold Shares (GLD US) gathered $1.60 billion alone.
Top 10 ETPs by net new inflows February 2020: Global
Name |
Ticker |
Assets |
NNA |
NNA |
SPDR Gold Shares |
GLD US |
47,209.90 |
2,106.43 |
1,596.86 |
Xtrackers Physical Gold ETC (EUR) |
XAD5 GY |
4,090.03 |
563.53 |
511.12 |
iShares Gold Trust |
IAU US |
19,551.83 |
910.46 |
312.97 |
iShares Physical Gold ETC |
SGLN LN |
8,905.02 |
1,159.31 |
296.22 |
United States Oil Fund LP |
USO US |
1,362.48 |
588.33 |
274.67 |
VelocityShares 3x Long Crude Oil ETN |
UWT US |
495.86 |
609.78 |
270.81 |
WisdomTree Physical Swiss Gold |
SGBS LN |
3,144.31 |
290.92 |
235.83 |
Amundi Physical Metals PLC |
GOLD FP |
1,522.42 |
372.91 |
234.96 |
WisdomTree WTI Crude Oil 1x Daily Short |
SOIL LN |
241.28 |
213.07 |
214.72 |
Xetra Gold EUR |
4GLD GY |
10,796.96 |
330.30 |
190.47 |
Investors have tended to invest in core Fixed Income ETFs during February.