ETFGI ETFs Industry In Europe Gathered Net Inflows Of US$19.34 Billion In January 2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that the ETFs industry in Europe gathered net inflows of US$19.34 billion during January. During the month, assets invested in the ETFs industry in Europe increased by 7.4% from US$1.42 trillion at the end of December to US$1.52 trillion, according to ETFGI's January 2023 European ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

 

Highlights

• ETFs industry in Europe gathered net inflows of $19.34 Bn in January.
• Net inflows of $19.34 Bn in January are the 3rd highest on record after $20.51 Bn in 2021 and $29.12 Bn in 2022.
• 4th month of net inflows.
• Assets of $1.52 Tn invested in ETFs and ETPs listed in Europe at the end of January 2023.
• Assets increased 7.4% in 2023, going from $1.42 Tn at end of 2021 to $1.52 Tn.

 

“The S&P 500 increased by 6.28 % in January. Developed markets excluding the US increased by 8.27% in January. Italy (up 14.52%) and the Netherlands (up 14.47%) saw the largest increases amongst the developed markets in January. Emerging markets increased by 6.66% during January. Mexico (up 16.53%) and Czech Republic (up 16.46%) saw the largest increases amongst emerging markets in January.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Europe ETFs and ETPs asset growth as at the end of January 2023

The European ETFs industry had 2,942 products, with 11,878 listings, assets of  $1.52 Tn, from 95 providers listed on 29 exchanges in 24 countries at the end of January.

During January, ETFs gathered net inflows to US$19.34 billion. Equity ETFs gathered net inflows of $9.75 Bn in January, lower than the $24.94 Bn in net inflows equity products attracted at this point in January 2021. Fixed income ETFs reported net inflows of $8.91 Bn during January, higher than the $2.79 Bn in net inflows in January 2022. Commodities ETFs reported net outflows of $362 Mn during January, lower than the $1.54 Bn in net inflows in January 2022. Active ETFs attracted net inflows of $730 Mn during the month, higher than the $129 Mn in net inflows active products had reported YTD in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $9.60 Bn during January. iShares Core € Corp Bond UCITS ETF (IEBC LN) gathered $1.76 Bn, the largest individual net inflow.

Top 20 ETFs by net inflows in January 2023: Europe

Name	Ticker	Assets ($ Mn)  Jan-23	NNA ($ Mn)  YTD-23	NNA ($ Mn) Jan-23
iShares Core € Corp Bond UCITS ETF	IEBC LN	13,587.36	1,758.39	1,758.39
iShares Core MSCI World UCITS ETF - Acc	IWDA LN	48,879.87	883.63	883.63
PIMCO US Dollar Short Maturity ETF	MINT LN	3,187.96	735.46	735.46
iShares MSCI China A UCITS ETF - Acc	IASH LN	2,929.20	648.74	648.74
iShares Core EURO STOXX 50 UCITS ETF (DE)	SX5EEX GY	6,216.42	509.36	509.36
SPDR Bloomberg Global Aggregate Bond UCITS ETF	SYBZ GY	2,681.75	480.04	480.04
iShares MSCI China UCITS ETF - Acc	ICHN NA	1,174.50	420.73	420.73
JPM Carbon Transition Global Equity UCITS ETF –  Acc	JPCT LN	636.04	413.18	413.18
Vanguard FTSE All-World UCITS ETF	VWRD LN	15,660.13	405.48	405.48
iShares J.P. Morgan EM Local Govt Bond UCITS ETF	SEML LN	4,461.64	403.43	403.43
iShares € Corp Bond 1-5yr UCITS ETF	IE15 LN	4,598.92	332.61	332.61
SPDR Bloomberg Barclays EM Local Bond UCITS ETF	SYBM GY	2,892.94	326.97	326.97
UBS ETF (IE) MSCI Australia UCITS ETF A-acc - Acc	AUSCHW SW	749.01	308.82	308.82
iShares MSCI Europe Consumer Staples Sector UCITS ETF  -  Acc	ESIS GY	599.56	307.31	307.31
iShares MSCI ACWI UCITS ETF - Acc	ISAC LN	6,861.59	284.93	284.93
iShares MSCI EM ESG Enhanced UCITS ETF	EEDM LN	3,307.37	283.02	283.02
iShares MSCI EM Asia UCITS ETF - Acc	CSEMAS SW	2,046.75	279.56	279.56
Xtrackers II iBoxx Sovereigns Eurozone 5-7 UCITS ETF - 1C - Acc	X57E GY	641.28	275.81	275.81
iShares € Corp Bond ESG UCITS ETF	SUOE LN	4,765.58	273.77	273.77
iShares Germany Govt Bond UCITS ETF	SDEU LN	825.20	271.56	271.56

 

The top 10 ETPs by net new assets collectively gathered $1.45 Bn during January. WisdomTree Brent Crude Oil - Acc (BRNT LN) gathered $806 Mn the largest individual net inflow.

 

Top 10 ETPs by net inflows in January 2023: Europe

Name	Ticker	Assets ($ Mn)  Jan-23	NNA ($ Mn)  YTD-23	NNA ($ Mn)  Jan-23
WisdomTree Brent Crude Oil - Acc	BRNT LN	2,131.15	805.91	805.91
WisdomTree Copper - Acc	COPA LN	877.30	328.09	328.09
BTCetc – ETC Group Physical Bitcoin - Acc	BTCE GY	422.77	47.34	47.34
UBS ETC Industrial Metals USD - Acc	TIMCI SW	54.79	46.16	46.16
WisdomTree S&P 500 3x Daily Short - Acc	3USS LN	87.28	42.51	42.51
iShares Physical Silver ETC - Acc	SSLN LN	533.42	41.81	41.81
WisdomTree Natural Gas 3x Daily Leveraged - Acc	3NGL LN	34.97	40.42	40.42
WisdomTree Industrial Metals - EUR Daily Hedged - Acc	EIMT IM	118.49	37.44	37.44
WisdomTree Natural Gas - Acc	NGAS LN	75.87	33.71	33.71
WisdomTree Aluminium - Acc	ALUM LN	188.44	29.53	29.53

 

 

 

 

 

 

 

 

 

 

 

   

 

 

Investors have tended to invest in Equity ETFs and ETPs during January.