By Deborah Fuhr, Managing Partner at ETFGI
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. (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 $2.53 billion alone.
Top 20 ETFs by net new inflows October 2019: Global
Name | Ticker | Assets (US$ Mn) Oct-19 |
NNA (US$ Mn) YTD-19 |
NNA (US$ Mn) Oct-19 |
|
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 $702 million alone.
Top 10 ETPs by net new inflows October 2019: Global
Name | Ticker | Assets (US$ Mn) Oct-19 |
NNA (US$ Mn) YTD 2019 |
NNA (US$ Mn) Oct-19 |
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 |