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ETFGI Reports That Assets Invested In ETFs And ETPs Listed In US Reached A New Record High Of US$4.28 Trillion At The End Of November 2019

Date 19/12/2019

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in US gained net inflows of US$50.94 billion in November, bringing year-to-date net inflows to US$274.04 billion. Assets invested in the US ETFs/ETPs industry have increased by 3.1%, from US$4.15 trillion at the end of October, to $4.28 trillion, according to ETFGI's November 2019 US ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

  • Assets invested in the US ETF/ETP industry reached a new high record of $4.28 trillion.

  • Assets are up 26.2% year to date which is greater than the 20.2% CAGR over the past 10 years. 
  • ETFs/ETPs listed in US attracted $50.94 billion in net inflows in November - equity products gathered $40.38 Bn while fixed income gathered $8.63 Bn.
  • Year-to-date net inflows of $274.04 billion are the 2ndhighest behind November 2017 with $468.37 billion 

“During November the S&P 500 gained 3.6% as global markets were resistant to fears of inflation and showed optimism on the trade talks.  Global equities as measured by the S&P Global BMI were up 2.5% and the 
S&P Emerging BMI gained 0.1%.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.


Growth in US ETF and ETP assets as of the end of November 2019

EFTGI_US_Nov19

At the end of November 2019, the US ETF/ETP industry had 2,346 ETFs/ETPs, from 151 providers on 3 exchanges.

In November 2019, ETFs/ETPs gathered net inflows of $50.94 billion. Equity ETFs/ETPs listed in US gathered net inflows of $40.38 billion in November, bringing YTD net inflows for 2019 to $124.80 billion, less than the 
$173.07 billion in net inflows Equity products had attracted for the corresponding period to November 2018.  
Fixed Income ETFs/ETPs listed in US attracted net inflows of $8.63 billion in November, bringing YTD net inflows for 2019 to $117.45 billion, substantially more than the $61.19 billion in net inflows for the corresponding period to November 2018. Commodity ETFs/ETPs reported outflows of $1.34 billion, bringing the YTD net inflows to 
$8.38 billion for 2019, which is significantly greater than the $2.84 billion in net outflows for the corresponding period to November 2018.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $28.04 billion in November, the SPDR S&P 500 ETF Trust (SPY US)gathered $6.64 billion alone.

Top 20 ETFs by net new assets November 2019: US

Name

Ticker

Assets
(US$ Mn)
 Nov-19

NNA
(US$ Mn)
 YTD-19

NNA
(US$ Mn)
 Nov-19

SPDR S&P 500 ETF Trust

SPY US

  291,129.85 

  (8,679.79)

   6,636.95 

iShares Core MSCI EAFE ETF

IEFA US

   71,431.87 

  10,205.88 

   2,724.60 

Vanguard S&P 500 ETF

VOO US

  126,904.64 

  12,917.30 

   1,882.19 

Invesco QQQ Trust

QQQ US

   82,859.08 

   1,910.65 

   1,440.77 

Vanguard High Dividend Yield Index Fund

VYM US

   28,692.65 

   3,357.14 

   1,263.48 

iShares MSCI Japan ETF

EWJ US

   14,158.93 

  (2,866.97)

   1,203.58 

iShares Edge MSCI USA Quality Factor ETF

QUAL US

   15,284.55 

   5,954.87 

   1,196.64 

iShares Core U.S. Aggregate Bond ETF

AGG US

   67,158.26 

   6,399.52 

   1,070.56 

iShares Core S&P Small-Cap ETF

IJR US

   46,764.54 

   2,946.45 

   1,070.10 

iShares MSCI USA Size Factor ETF

SIZE US

     1,454.55 

   1,133.31 

   1,022.54 

Financial Select Sector SPDR Fund

XLF US

   26,436.98 

  (1,874.51)

      943.87 

iShares Core MSCI Emerging Markets ETF

IEMG US

   57,147.59 

   3,757.18 

      930.10 

Vanguard Total Stock Market ETF

VTI US

  132,081.71 

  13,578.85 

      919.61 

Technology Select Sector SPDR Fund

XLK US

   25,581.41 

   1,147.89 

      911.02 

Vanguard Total Bond Market ETF

BND US

   47,473.97 

   8,589.77 

      897.98 

Vanguard Value ETF

VTV US

   54,503.44 

   4,383.09 

      867.18 

Vanguard Total International Stock Index Fund ETF

VXUS US

   17,321.75 

   5,520.63 

      857.90 

Vanguard FTSE Europe ETF

VGK US

   14,013.19 

     (730.09)

      750.41 

iShares MBS ETF

MBB US

   20,137.17 

   7,455.57 

      733.94 

iShares MSCI Emerging Markets ETF

EEM US

   26,463.12 

  (4,610.49)

      720.03 


The top 10 ETPs by net new assets collectively gathered $1.50 billion in November. The Velocity Shares Daily 3x Long Natural Gas ETN (UGAZ US)gathered $472 million alone.

Top 10 ETPs by net new assets November 2019:US

Name

Ticker

Assets
(US$ Mn)
 Nov-19

NNA 
(US$ Mn) 
YTD 2019

NNA 
(US$ Mn) 
Nov-19

VelocityShares Daily 3x Long Natural Gas ETN

UGAZ US

923.70

1316.83

471.88

VelocityShares Daily 2x VIX Short Term ETN

TVIX US

891.77

2,004.69

206.23

iPath Series B S&P 500 VIX Short-Term Futures ETN

VXX US

928.17

1,264.57

169.47

ProShares Ultra VIX Short-Term Futures

UVXY US

579.45

1,001.86

158.60

C-Tracks Exchange-Traded Notes Miller/Howard Strategic Dividend Reinvestor

DIVC US

143.18

144.54

144.54

C-Tracks Miller/Howard MLP Fundamental Index ETN

MLPC US

81.10

82.53

82.53

VelocityShares 3x Inverse Crude Oil ETN

DWT US

327.69

245.55

79.49

iShares Gold Trust

IAU US

16,828.56

3,730.21

77.53

ProShares VIX Short-Term Futures ETF

VIXY US

297.35

346.63

59.37

United States Natural Gas Fund LP

UNG US

314.57

83.96

51.73

 

 Investors have tended to invest in core Equity and core Fixed Income ETFs.