ETFGI Reports ETFs And ETPs Listed In Europe Reported Net Inflows Of US$6.55 Billion During October 2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Europe reported net inflows of US$6.55 billion during October, bringing year-to-date net inflows to US$74.40 billion which is less than the US$88.77 billion gathered at this point in 2019.   Assets invested in the European ETFs/ETPs industry have decreased by 1.4%, from US$1.11 trillion at the end of September, to US$1.09 trillion, according to ETFGI's October 2020 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.)

Highlights

• ETFs and ETPs listed in Europe reported net inflows of US$6.55 billion during October
• $1.09 trillion invested in European domiciled ETFs and ETPs at the end of October – 3dr highest record.
• Commodity ETFs/ETPs gathered YTD net inflows of $19.60 billion, much higher than the $8.74 billion gathered YTD in 2019.

 “During October, the S&P 500 decreased by 2.66% due to the uncertainty of US elections and rise in virus infections.  Developed markets outside the US fell 3.56% during October, 21 of 24 countries lost ground as a large portion of Europe announced new lockdown plans. Emerging markets reported positive a return of 2.04% in October.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Europe ETFs and ETPs asset growth as at the end of October 2020

The European ETF/ETP industry had 2,273 ETFs, with 8,747 listings, assets of $1.09 Tn, from 73 providers on 27 exchanges, at the end of October 2020.

Equity ETFs/ETPs listed in Europe reported net inflows of $2.37 billion during October, bringing net inflows for the year 2020 to $20.79 billion, lower than the $24.52 billion in net inflows equity products had attracted at this point in 2019. Fixed income ETFs/ETPs listed in Europe had net inflows of $1.90 billion during October, taking net inflows for the year to $32.90 billion, lower than the $51.92 billion in net inflows fixed income products had reported at this point in 2019. Commodity ETFs/ETPs reported $1.37 billion in net inflows in October, bringing YTD net inflows to $19.60 billion, which is significantly higher than the $8.74 billion in net inflows gathered at this point in 2019.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $6.20 billion during October. Xtrackers MSCI USA Information Technology Index UCITS ETF DR (XUTC GY) gathered $750 million alone.

Top 20 ETFs by net inflows in October 2020: Europe

The top 10 ETPs by net new assets collectively gathered $632 million during October. WisdomTree Physical Gold - GBP Daily Hedged - Acc (GBSP LN) gathered $1.40 billion alone.

Top 10 ETPs by net inflows in October 2020: Europe

Investors have tended to invest in Equity ETFs and ETPs during October.