ETFGI Reports That Assets Invested In The Global ETFs Industry Reached A New Record Of US$12.71 Trillion At The End Q1 2024

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports that assets invested in the Global ETFs industry reached a new record of US$12.71 trillion at the end of March. The global ETFs industry gathered US$144.94 billion in net inflows in March, bringing year to date net inflows to US$397.61 billion, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)
 
Highlights

• Assets invested in the global ETFs industry reached a record $12.71 Tn at the end of Q1 beating the previous record of $12.25 Tn at the end of February 2024.
• Assets have increased 9.2% YTD, going from $11.63 Tn at end of 2023 to $12.71 Tn.
• Net inflows of $144.94 Bn during Q1.
• YTD net inflows of $397.61 Bn are the highest on record, the second highest YTD net inflows were $360.72 Bn in 2021 and the third highest YTD net inflows of 305.82 Bn in 2022.
• 58th month of consecutive net inflows.

“The S&P 500 index increased by 3.22% in March and is up 10.56% YTD in 2024. The developed markets excluding the US index increased by 3.62% in March and is up 5.26% YTD in 2024. Spain (up 10.72%) and Italy (up 6.34%) saw the largest increases amongst the developed markets in March. The Emerging markets index increased by 1.50% during March and was up 2.08% YTD in 2024. Peru (up 10.27%) and Columbia (up 8.19%) saw the largest increases amongst emerging markets in March”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

Growth in assets invested in the Global ETFs industry as of the end of March

At the end of March, the Global ETFs industry had 12,127 products, with 24,302 listings, assets of $12,71 Tn, from 741 providers listed on 80 exchanges in 63 countries.

During March, ETFs gathered net inflows of $144.94 Bn. Equity ETFs reported net inflows of $94.62 Bn during March, bringing YTD net inflows to $235.75 Bn, higher than the $30.31 Bn in net inflows YTD in 2023. Fixed income ETFs gathered net inflows of $17.51 Bn during March, bringing YTD net inflows to $61.85 Bn, lower than the $69.83 Bn in net inflows YTD in 2023. Commodities products reported net inflows of $1.15 Bn during March, bringing YTD net outflows to $6.38 Bn, lower than the $2.17 Bn in net inflows YTD in 2023. Active ETFs attracted net inflows of $25.31 Bn during the month, gathering YTD net inflows of $71.53 Bn, higher than the $37.00 Bn in net inflows YTD in 2023.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $71.10 Bn during March. SPDR S&P 500 ETF Trust (SPY US) gathered $14.07 Bn, the largest individual net inflow.

Top 20 ETFs by net new inflows March 2024: Global

The top 10 ETPs by net new assets collectively gathered $2.60 Bn over March. WisdomTree Physical Silver - Acc (PHAG LN) gathered $832.90 Mn, the largest individual net inflow.

Top 10 ETPs by net new inflows March 2024: Global

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