ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Japan gathered net inflows of US$4.68 billion during February, bringing year-to-date net inflows to US$8.82 billion. Assets invested in the Japanese ETFs/ETPs industry have decreased by 8.3%, from US$398.65 billion at the end of January, to US$365.76 billion, according to ETFGI's February 2020 Japanese ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
At the end of February 2020, the Japan ETFs/ETPs industry had 209 ETFs/ETPs, with 244 listings, from 19 providers listed on 2 exchanges.
Highlights
- ETFs and ETPs listed in Japan gathered net inflows of US$ 4.68 billion during February
- Year-to-date net inflows of $8.82 billion are the 5thhighest behind February 2016 with $9.25 billion.
- Assets invested in the Japanese ETFs/ETPs industry declined to slightly to $365.76 billion.
- Majority of net inflows in February and year to date have gone into equity products.
“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.
Japan ETF and ETP asset growth as at the end of February 2020
Equity ETFs/ETPs listed in Japan had net inflows of $4.24 billion during February, bringing net inflows for the year to $8.14 billion, slightly less than the $9.48 billion in net inflows equity products had gathered at this point in 2019. Fixed Income ETFs/ETPs listed in Japan suffered net outflows of $65 million during February 2020, bringing net outflows for the year to $101 million, while at this point in 2019 Fixed income ETFs had gathered net inflows of $22 million.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $5.36 billion at end of February, the TOPIX Exchange Traded Fund (1306 JP) gathered $1.07 billion alone.
Top 20 ETFs by net new assets February 2020: Japan
Name |
Ticker |
Assets |
NNA |
NNA |
TOPIX Exchange Traded Fund |
1306 JP |
90,731.57 |
2,019.00 |
1,068.49 |
NEXT FUNDS Nikkei 225 Leveraged Index ETF |
1570 JP |
2,478.93 |
1,381.91 |
978.01 |
Listed Index Fund TOPIX |
1308 JP |
40,871.29 |
1,342.95 |
796.46 |
Daiwa ETF TOPIX |
1305 JP |
42,646.96 |
1,003.55 |
512.77 |
One ETF Nikkei 225 |
1369 JP |
2,462.42 |
522.09 |
286.81 |
MAXIS TOPIX ETF |
1348 JP |
11,784.71 |
410.77 |
282.65 |
Listed Index Fund 225 |
1330 JP |
25,153.57 |
(44.24) |
257.40 |
MAXIS NIKKEI225 ETF |
1346 JP |
12,921.03 |
364.33 |
185.69 |
NEXT FUNDS JPX-Nikkei Index 400 Exchange Traded Fund |
1591 JP |
7,215.05 |
250.45 |
151.52 |
SMDAM TOPIX ETF iNAV |
2557 JP |
139.77 |
143.30 |
143.30 |
MAXIS J-REIT Core ETF |
2517 JP |
443.72 |
89.40 |
89.41 |
MAXIS J-REIT ETF |
1597 JP |
1,489.97 |
55.22 |
86.46 |
SMDAM NIKKEI225 ETF |
1397 JP |
692.48 |
30.03 |
83.24 |
Daiwa ETF Tokyo Stock Exchange REIT Index |
1488 JP |
1,114.60 |
71.66 |
70.54 |
iShares MSCI Japan High Dividend ETF |
1478 JP |
399.91 |
123.84 |
70.37 |
SMDAM REIT Index ETF |
1398 JP |
944.67 |
74.80 |
69.17 |
iShares Core TOPIX ETF |
1475 JP |
2,609.77 |
160.68 |
62.94 |
NZAM ETF Nikkei 225 |
2525 JP |
573.11 |
70.44 |
59.15 |
Simplex Nikkei225 Bull 2x ETF |
1579 JP |
162.23 |
96.61 |
57.57 |
MAXIS JPX-Nikkei Index 400 ETF |
1593 JP |
3,573.90 |
87.93 |
43.52 |
Investors have tended to invest in Equity and Leveraged ETFs/ETPs at the end of February.