ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed Globally gathered net inflows of US$50.82 billion in October, bringing year-to-date net inflows to US$401.19 billion which is significantly more than the US$379.12 billion gathered at this point in 2018. Assets invested in the Global ETFs/ETPs industry have increased by 3.0%, from US$5.78 trillion at the end of September, to US$5.96 trillion at the end of October, according to ETFGI's October 2019 Global 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 Global ETF/ETP industry hit a new record of $5.96 trillion at the end of October.
- Assets invested in the Global ETF/ETP industry increased by 3.0% in October.
- In October 2019, ETFs/ETPs listed Globally gathered $50.82 billion in net inflows.
- $401.19 billion in year-to-date net inflows are significantly more than the $379.12 billion gathered in 2018.
Global ETF and ETP assets as of the end of October 2019
“The Fed rate cut and the looming hope for an agreement between US-China shaped a favourable investment environment in equity markets globally which led the S&P 500® to gain 3.2% during October. International markets also gained, with the S&P Developed Ex-U.S. and the S&P Emerging BMI both up 4%. The better performance of the Equity Markets reflected into a new record high of $5.96 trillion and higher inflows of ETFs/ETPs exposed to Equity Indices rather than Fixed Income.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
At the end of October 2019, the Global ETF/ETP industry had 7,846 ETFs/ETPs, with 15,752 listings from 428 providers on 69 exchanges in 58 countries.
In October 2019, ETFs/ETPs gathered net inflows of $50.82 billion. Fixed income ETFs/ETPs listed Globally attracted net inflows of $19.72 billion in October, bringing net inflows for 2019 to $191.02 billion, considerably greater than the $72.03 billion in net inflows fixed income products had attracted by the end of October 2018. Equity ETFs/ETPs listed Globally gathered net inflows of $22.87 billion in October, bringing net inflows for 2019 to $158.26 billion, substantially less than the $269.29 billion in net inflows equity products had attracted by the end of October 2018. Commodity ETFs/ETPs gathered $343 million in net inflows bringing net inflows to $2.71 billion for 2019, which is greater than the $94 million in net outflows suffered through October 2018.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $23.11 billion in October, the Vanguard Total Stock Market ETF (VTI US) gathered $2.53 billion alone.
Top 20 ETFs by net new inflows October 2019: Global
Name |
|
Ticker |
Assets |
NNA |
NNA |
Vanguard Total Stock Market ETF |
|
VTI US |
126,893.37 |
12,659.24 |
2,532.28 |
TOPIX Exchange Traded Fund |
|
1306 JP |
98,034.56 |
16,128.95 |
2,515.47 |
iShares MSCI USA Minimum Volatility ETF |
|
USMV US |
36,591.52 |
12,701.27 |
1,509.48 |
iShares Edge MSCI USA Quality Factor ETF |
|
QUAL US |
13,475.16 |
4,758.23 |
1,445.19 |
iShares US Treasury Bond ETF |
|
GOVT US |
15,221.38 |
7,674.81 |
1,354.52 |
UBS ETF (LU) MSCI United Kingdom UCITS ETF (GBP) A-acc |
|
UKGBPB SW |
1,798.39 |
1,017.17 |
1,271.62 |
Vanguard Total Bond Market ETF |
|
BND US |
46,385.98 |
7,691.78 |
1,196.09 |
Financial Select Sector SPDR Fund |
|
XLF US |
24,270.58 |
(2,818.38) |
1,160.47 |
Vanguard Total International Bond ETF |
|
BNDX US |
23,377.24 |
9,530.43 |
1,072.02 |
iShares MSCI Japan ETF |
|
EWJ US |
12,898.20 |
(4,070.55) |
1,013.97 |
Vanguard Value ETF |
|
VTV US |
52,020.56 |
3,515.90 |
1,006.21 |
Daiwa ETF TOPIX |
|
1305 JP |
45,856.63 |
6,626.02 |
899.66 |
iShares iBoxx $ High Yield Corporate Bond ETF |
|
HYG US |
19,059.19 |
4,886.09 |
896.97 |
Vanguard FTSE 250 UCITS ETF |
|
VMID LN |
2,191.10 |
1,146.66 |
806.71 |
China Universal CSI Yangtze River Delta Integrated Development Theme ETF |
|
512650 CH |
794.26 |
794.46 |
794.46 |
iShares MBS ETF |
|
MBB US |
19,602.30 |
6,721.63 |
788.60 |
iShares Core MSCI Japan IMI UCITS ETF |
|
IJPA LN |
4,696.21 |
983.51 |
783.15 |
iShares Gold Trust |
|
IAU US |
17,338.09 |
3,652.68 |
701.57 |
Vanguard Dividend Appreciation ETF |
|
VIG US |
39,596.94 |
3,622.52 |
689.03 |
ChinaAMC CSI 5G Communications Theme ETF |
|
515050 CH |
668.93 |
670.56 |
670.56 |
The top 10 ETPs by net new assets collectively gathered $2.44 billion in October. The iShares Gold Trust (IAU US) gathered $702 million alone.
Top 10 ETPs by net new inflows October 2019: Global
Name |
Ticker |
Assets |
NNA |
NNA |
iShares Gold Trust |
IAU US |
17,338.09 |
3,652.68 |
701.57 |
VelocityShares Daily 2x VIX Short Term ETN |
TVIX US |
1,061.99 |
1,798.46 |
343.75 |
WisdomTree Physical Gold |
PHAU LN |
7,933.00 |
121.69 |
327.37 |
VelocityShares Daily 3x Long Natural Gas ETN |
UGAZ US |
981.48 |
844.95 |
305.53 |
Invesco Gold ETC |
SGLD LN |
7,422.05 |
1,449.74 |
190.86 |
iShares Physical Gold ETC |
SGLN LN |
6,908.43 |
1,687.44 |
139.30 |
WisdomTree Precious Metals - EUR Daily Hedged |
00XQ GY |
122.55 |
119.88 |
119.89 |
ProShares Ultra VIX Short-Term Futures |
UVXY US |
577.22 |
843.26 |
115.82 |
Xetra Gold EUR |
4GLD GY |
9,687.29 |
769.71 |
101.02 |
WisdomTree WTI Crude Oil |
CRUD LN |
530.62 |
(49.74) |
94.31 |
Investors have tended to invest in Equities and Fixed Income ETFs during October.