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ETFGI Reports That Assets Invested In Actively Managed The ETFs Listed Globally Reached A Record Of US$628 Billion At The End Of July

Date 24/08/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in actively managed the ETFs listed globally reached a record of US$628 billion at the end of July.   During July, actively managed ETFs listed globally gathered US$15.26 billion, bringing year-to-date net inflows to US$84.70 billion.   Assets have increased 28.8% year-to-date in 2023, going from US$487.21 billion at the end of 2022 to US$627.69 billion, according to ETFGI's July 2023 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

 

Highlights

  • Assets invested in the actively managed ETFs listed globally reached a record of $628 Bn at the end of July beating the previous record of $583 Bn at the end of June 2023.
  • Assets have increased 28.8% year-to-date in 2023, going from $487.21 Bn at the end of 2022 to $627.69 Bn.
  • Net inflows of $15.26 Bn during July 2023.
  • Year-to-date net inflows of $84.70 Bn in 2023 are the second highest on record, after YTD net inflows of $87.65 Bn in 2021.
  • 40th month of consecutive net inflows.

 

“The S&P 500 increased by 3.21% in July and is up 20.65% year-to-date in 2023. Developed markets excluding the US increased by 3.62% in July and are up 15.09% YTD in 2023. Norway (up 8.97%) and Israel (up 8.06%) saw the largest increases amongst the developed markets in July. Emerging markets increased by 6.15% during July and are up 11.08% YTD in 2023. Turkey (up 20.52%) and Pakistan (up 15.89%) saw the largest increases amongst emerging markets in July.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI. 

Actively managed ETFs listed globally asset growth as at end of July  

ETFGI_Glob_ETFs_Jul23

There where 2,110 actively managed ETFs listed globally, with 2,626 listings, assets of $628 Bn, from 381 providers listed on 33 exchanges in 25 countries at the end of July. 

Equity focused actively managed ETFs listed globally gathered net inflows of $8.18 Bn during July, bringing year to date net inflows to $57.84 Bn, significantly higher than the $47.38 Bn in net inflows YTD in 2022. Fixed Income focused actively managed ETFs listed globally attracted net inflows of $6.69 Bn during July, bringing YTD net inflows to $27.47 Bn, much higher than the $13.90 Bn in net inflows YTD in 2022.

Substantial inflows can be attributed to the top 20 active ETFs by net new assets, which collectively gathered
$7.42 Bn during July. JPMorgan Limited Duration Bond ETF (JPLD US) gathered $825.71 Mn, the largest individual net inflow.

Top 20 actively managed ETFs/ETPs by net new assets July 2023

Name

Ticker

Assets
($ Mn)
 July-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
July-23

JPMorgan Limited Duration Bond ETF

JPLD US

825.71

                            825.71

825.71

JPMorgan Nasdaq Equity Premium Income ETF

JEPQ US

4779.30

                         3,319.20

733.96

JPMorgan Equity Premium Income ETF

JEPI US

29033.99

                        10,865.84

723.18

Yinhua Traded Money Market Fund

511880 CH

16396.58

                            617.02

617.02

Innovator U.S. Equity Power Buffer ETF - July

PJUL US

995.80

                            403.68

553.13

BMO Ultra Short-Term Bond ETF

ZST CN

980.53

                            164.98

339.09

Vanguard Ultra Short-Term Bond ETF

VUSB US

3718.76

                            290.16

333.96

SAMSUNG KODEX CD Rate Active ETF SYNTH

459580 KS

446.51

                            442.39

315.49

Dimensional US Core Equity 2 ETF

DFAC US

21825.91

                         2,704.56

298.65

MIRAE ASSET TIGER SYNTH-KOFR ACTIVE ETF

449170 KS

962.26

                            959.10

287.81

Janus Henderson Mortgage-Backed Securities ETF

JMBS US

1732.04

                            908.76

280.85

Dimensional Emerging Core Equity Market ETF

DFAE US

2928.44

                            694.48

260.25

Avantis U.S. Small Cap Value ETF

AVUV US

6899.36

                         1,422.93

250.26

JPMorgan Sustainable Municipal Income ETF

JMSI US

238.12

                            238.26

238.26

CI High Interest Savings ETF

CSAV CN

5933.45

                         1,880.19

233.88

Avantis Emerging Markets Equity ETF

AVEM US

3859.73

                         1,065.21

230.18

JPMorgan High Yield Municipal ETF

JMHI US

226.07

                            227.61

227.61

JPMorgan Equity Focus ETF

JPEF US

226.89

                            226.89

226.89

ARK Innovation ETF

ARKK US

9110.63

                           (304.39)

223.85

Quadratic Interest Rate Volatility and Inflation ETF

IVOL US

947.92

                              37.03

222.99

 Investors have tended to invest in Equity ETFs/ETPs during July.