ETFGI Reports Net Inflow Of US$2.59 Billion Into Currency Hedged ETFs And ETPs Listed Globally During November 2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that currency hedged ETFs and ETPs listed globally reported net inflows of US$2.59 billion during November bringing year to date net inflows to US$32.00 billion. Total assets invested in currency hedged ETFs and ETPs decreased by 1.3% from US$278 billion at the end of October to US$274 billion, with a 5-year CAGR of 15.3%, according to ETFGI’s November 2021 Currency hedged 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

• $247 Bn invested in Currency Hedged ETFs and ETPs listed globally at end of November 2021 are the 2nd highest.
• Year-to-date assets invested in Currency Hedged ETFs and ETPs listed globally have increased 15.7% going from $237 Bn at end of 2020 to $274 Bn at the end of November.
• Currency hedged ETFs and ETPs listed globally reported net inflows of $2.59 billion during November.
• Net inflows of $32.00 Bn YTD are the 3rd highest. The record $59.81 Bn was gathered in YTD 2015.
• $32.00 Bn YTD net inflows are $11.46 Bn below the full year 2020 record net inflows $43.46 Bn.
• $38.72 Bn in net inflows gathered in the past 12 months.
• 20th month of consecutive net inflows

“Due to the growing threat of a new COVID variant Omicron, the S&P 500 declined 0.69% in November, however, the index is up 23.18% year to date. Developed markets, excluding the US, experienced a fall of 4.94% in November. Israel (down 1.03%) and the US (down 1.47%) experienced the smallest losses among the developed markets in November, while Luxembourg suffered the biggest loss of 16.90%. Emerging markets declined 3.53% during November. United Arab Emirates (up 8.15%) and Chile (up 5.51%) gained the most, whilst Turkey (down 13.72%) and Poland (down 11.95%) witnessed the largest declines.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

At the end of November, there were 719 currency hedged ETFs/ETPs, with 1,757 listings, assets of $274 Bn,
from 81 providers listed on 33 exchanges in 25 countries hedging against 15 different currencies. Year to date, 20 new currency hedged ETFs/ETPs were launched, while 46 products were closed from 17 different providers.

The top 10 currency hedged ETFs/ETPs by net new assets collectively gathered $1.32 Bn during November.
Vanguard Total International Bond ETF (BNDX US) gathered $480.39 Mn, the largest individual net inflow for the month. 

Top 10 ETFs/ETPs by net new assets November 2021: Currency hedged