ETFGI Reports That Assets Invested In ETFs And ETPs Listed In The United States Reached US$3.59 Trillion At The End Of November 2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that that assets invested in ETFs and ETPs listed in the United States reached US$3.59 trillion at the end of November 2018, an increase of 2.6% from US$3.50 trillion at the end of October. (All dollar values in USD unless otherwise noted.)
 
Highlights

• Assets invested in ETFs/ETPs listed in the US increased by 2.6% during November 2018 to reach $3.59 Tn.
• Year-to-date, assets have increased by 4.9% from $3.42 Tn at the end of 2017.
• In November 2018, ETFs/ETPs listed in the US saw net inflows of $44.0 Bn.

 
“While trade talks continue to make noise in the headlines, the very real prospect of slowing global growth appears to be filtering into market sentiment. A seemingly more reposed approach to monetary policy along with the China-US trade truce provided enough of a tailwind to lift US markets to finish in the green by the end of November, with the S&P 500 gaining 2.04% over the month bringing the year-to-date gain to 5.11%. Apart from the Eurozone, where various domestic issues continue to dominate, most developed markets closed the month with marginal gains. The S&P developed ex-US BMI was up 0.17% in November with year-to-date declines of 9.66%. EM and FM bounced back from the October fall, finishing up 4.61% and 1.94% respectively, softening year-to-date declines to 11.2% and 9.0%”, according to Deborah Fuhr, managing partner and a founder of ETFGI.
 
According to ETFGI’s November 2018 US ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in ETFs/ETPs listed in the United States regained some of the ground lost during October, when assets fell from a record high of $3.73 Tn at the end of September. Year-to-date, assets have increased by 4.9%, from $3.42 Tn at the end of 2017. At the end of November, the US ETF/ETP industry had 2,227 ETFs/ETPs, from 147 providers on 3 exchanges.
 
US ETF and ETP asset growth as at end of November 2018
 

 
In November 2018, ETFs/ETPs listed in the US saw net inflows of $44.0 Bn. Equity products gathered the largest net inflows with $29.2 Bn, while leveraged inverse ETFs/ETPs experienced the largest net outflows with $9 Mn. Year-to-date through end of November, ETFs/ETPs have seen net inflows of $263 Bn. Equity products gathered the largest net inflows with $173 Bn, while commodity ETFs/ETPs experienced the largest net outflows with $2.84 Bn. During November, the top 20 ETFs collectively gathered $27.9 Bn in net new assets.
 
Top 20 ETFs by monthly net inflows: United States
 

 
 
Similarly, during November, the top 10 ETPs collectively gathered $1.97 Bn in net new assets.
 
Top 20 ETFs by YTD net inflows: United States