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ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed globally broke through the US$5.000 Tn milestone at the end of May 2018 to reach $5.004 Tn (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in ETFs/ETPs listed globally broke through the $5.000 Tn milestone at the end of May 2018
- Assets invested in ETFs/ETPs listed globally increased by 0.71%, or $35.15 bn, during May, to reach $5.004 Tn
- In May 2018, ETFs and ETPs listed globally gathered net inflows of $50.00 Bn, the highest since January 2018, which saw $105.75 Bn net inflows
- 52nd month of consecutive net inflows into ETFs/ETPs listed globally
According to ETFGI’s May 2018 Global ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in ETFs/ETPs listed globally grew by $30.15 Bn in May. The increase of 0.71%, from $4.969 Tn in April 2018, also represents the greatest monthly growth in assets since April 2018, which saw a monthly increase of $49.49 Bn.
Growth in Global ETF and ETP assets as of the end of May 2018 www.etfgi.com
At the end of May 2018, the Global ETF industry had 5,585 ETFs, with 11,624 listings, assets of $4.859 Tn, from 339 providers on 68 exchanges in 56 countries. At the end of May 2018, the Global ETF/ETP industry had 7,430 ETFs/ETPs, with 14,140 listings, assets of $5.004 Tn, from 375 providers on 70 exchanges in 57 countries.
May 2018 marked the 52nd consecutive month of net inflows into ETFs/ETPs listed globally, with $40.99 Bn gathered during the month; 15.4% less than net inflows at this point last year.
The majority of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $989.51 Bn in May 2018. The iShares Core MSCI EAFE ETF (IEFA US) on its own accounted for net inflows of $17.1 Bn.
Top 20 ETFs by net new assets: Global
| Name | Ticker | Assets (US$ Mn) May-18 |
ADV (US$ Mn) May-18 |
NNA (US$ Mn) YTD 2018 |
| iShares Core MSCI EAFE ETF | IEFA US | 58,374 | 370.0 | 17,137 |
| TOPIX Exchange Traded Fund | 1306 JP | 71,362 | 40.0 | 10,203 |
| iShares Core S&P 500 ETF | IVV US | 149,515 | 833.3 | 8,100 |
| iShares Core MSCI Emerging Markets ETF | IEMG US | 49,240 | 633.3 | 7,971 |
| iShares Short Treasury Bond ETF | SHV US | 14,196 | 161.9 | 6,165 |
| Daiwa ETF TOPIX | 1305 JP | 34,484 | 4.7 | 5,631 |
| Vanguard S&P 500 ETF | VOO US | 90,345 | 519.1 | 5,247 |
| Nikkei 225 Exchange Traded Fund | 1321 JP | 53,395 | 42.0 | 4,652 |
| Vanguard FTSE Developed Markets ETF | VEA US | 71,760 | 330.0 | 4,535 |
| iShares Core U.S. Aggregate Bond ETF | AGG US | 55,512 | 314.3 | 3,798 |
| PowerShares QQQ | QQQ US | 66,189 | 5,476.2 | 3,195 |
| iShares Edge MSCI USA Momentum Factor ETF | MTUM US | 8,999 | 115.5 | 3,168 |
| Listed Index Fund TOPIX | 1308 JP | 31,203 | 4.2 | 3,167 |
| iShares Floating Rate Bond ETF | FLOT US | 9,718 | 110.5 | 3,100 |
| Vanguard Total Stock Market ETF | VTI US | 95,797 | 237.6 | 2,937 |
| iShares 1-3 Year Treasury Bond ETF | SHY US | 13,941 | 188.6 | 2,661 |
| iShares Core S&P Small-Cap ETF | IJR US | 41,265 | 251.0 | 2,324 |
| Schwab International Equity ETF | SCHF US | 15,497 | 68.1 | 2,244 |
| Vanguard Total International Bond ETF | BNDX US | 11,583 | 90.0 | 2,213 |
| iShares Russell 2000 ETF | IWM US | 46,980 | 2,976.2 | 2,018 |
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Similarly, the top 10 ETPs by net new assets collectively gathered $9.18 Bn year-to-date during 2018.
Top 10 ETPs by net new assets: Global
| Name | Ticker | Assets (US$ Mn) May-18 |
ADV (US$ Mn) May-18 |
NNA (US$ Mn) YTD 2018 |
| iShares Gold Trust | IAU US | 12,003 | 178.1 | 1,845 |
| Xtrackers Physical Gold ETC (EUR) | XAD5 GY | 2,288 | 8.1 | 1,599 |
| Barclays ETN+ FI Enhanced Global HY Series B | FIYY US | 1,489 | 1.3 | 1,308 |
| ProShares Short VIX Short-Term Futures | SVXY US | 582 | 122.4 | 1,238 |
| PowerShares DB Commodity Index Tracking Fund | DBC US | 3,285 | 45.0 | 801 |
| VelocityShares Daily Inverse VIX Short Term ETN | XIV US | - | - | 654 |
| Invesco Physical Gold ETC | SGLD LN | 5,210 | 9.5 | 494 |
| Barclays ETN+ FI Enhanced Europe 50 Series C | FFEU US | 470 | 2.1 | 479 |
| SPDR Gold Shares | GLD US | 34,507 | 804.8 | 456 |
| Credit Suisse FI Enhanced Europe 50 ETNs | FEUL US | 287 | (27.5) | 310 |
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available
Equity ETFs/ETPs listed globally gathered net inflows of $30.92 Bn in May bringing net inflows for 2018 to $148.12 Bn, which is less than the $199.53 Bn in net inflows at this point last year.
Fixed Income ETFs and ETPs listed globally gathered net inflows of $5.41 Bn in May, growing net inflows for 2018 to $38.85 Bn which is less than the $65.84 Bn in net inflows at this point last year.
Investors have tended to invest in core, market cap and lower cost ETFs in May 2018 with the iShares Core MSCI EAFE ETF (IEFA US) and TOPIX Exchange Traded Fund (1306 JP) capturing most of the flows.
