ETFGI reports assets invested in ETFs/ETPs listed globally reached a new record of US$6.66 trillion at the end of July 2020 …
By Deborah Fuhr, Managing Partner at ETFGI
ETFGI reported today assets invested in ETFs/ETPs listed globally reached a new record of US$6.66 trillion at the end of July.
ETFs and ETPs listed globally gathered net inflows of US$79.35 billion during July, bringing year-to-date net inflows to US$373.16 billion which is significantly higher than the US$270.21 billion gathered at this point last year.
Assets invested in the global ETFs/ETPs industry increased by 6.0%, from US$6.28 trillion at the end of June 2020, to US$6.66 trillion at the end of July. (All dollar values in USD unless otherwise noted.)
Assets invested in ETFs/ETPs listed globally reach a new record of $6.66 trillion at the end of July.
ETFs and ETPs listed globally gathered net inflows of $79.35 Bn during July the third highest monthly net inflow on record. January 2018 was the largest monthly net inflow with $105.59 Bn.
$373.16 Bn in YTD net inflows is significantly higher than the US$270.21 Bn gathered at this point in 2019.
“The S&P 500 gained 5.6% in July, aided by the U.S. Federal Reserve stimulus and strong earnings. International markets also gained, with Developed Ex-U.S. and Emerging up 3.0% and 8.5%, respectively. In the developed markets Scandinavian countries benefited most, led by Norway (up 10.8%) and Sweden (up 10.1%); while Japan (down 2.0%) was the sole negative performer among developed countries. Dollar weakness contributed toward the positive momentum in Emerging markets where 19 of 25 countries gained, led by Brazil (up 14.4%) and Pakistan (up 13.4%), while Taiwan (up 12.1%) neared an all-time high.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Global ETF and ETP assets as of the end of July 2020
The Global ETF/ETP industry had 8,268 ETFs/ETPs, with 16,472 listings, assets of $6.66 Trillion, from 465 providers listed on 71 exchanges in 58 countries.
During July, ETFs/ETPs gathered net inflows of $79.35 billion. Fixed income ETFs/ETPs listed globally gathered net inflows of $34.77 billion during July, bringing net inflows for 2020 to $140.63 billion, more than the $131.67 billion in net inflows fixed income products had attracted duirng July 2019. Equity ETFs/ETPs listed globally gathered net inflows of $24.28 billion during the month, bringing net inflows for 2020 to $112.92 billion, lower than the $114.32 billion in net inflows equity products had attracted at this point in 2019. Commodity ETFs/ETPs reported $10.32 billion in net inflows bringing net inflows for 2020 to $64.17 billion, which is much greater than the $7.76 billion in net inflows reported through July 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $30.32 billion at the end of July, the iShares Core U.S. Aggregate Bond ETF (AGG US) gathered $3.49 billion.
Top 20 ETFs by net new inflows July 2020: Global
|iShares Core U.S. Aggregate Bond ETF||AGG US||80,083.65||6,313.14||3,491.44|
|iShares iBoxx $ High Yield Corporate Bond ETF||HYG US||30,741.23||11,183.88||2,487.56|
|SBI-ETF Nifty Bank – Acc||SBIBANK IN||328.27||2,113.46||2,440.64|
|TOPIX Exchange Traded Fund||1306 JP||107,390.42||17,686.44||2,343.69|
|Vanguard Total Bond Market ETF||BND US||58,997.91||7,096.62||2,172.09|
|SPDR Bloomberg Barclays High Yield Bond ETF||JNK US||12,841.38||1,106.01||1,782.44|
|Vanguard Total Stock Market ETF||VTI US||151,863.47||12,188.02||1,645.09|
|Vanguard Total International Bond ETF||BNDX US||29,820.75||4,603.80||1,594.30|
|Vanguard Total International Stock Index Fund ETF||VXUS US||22,697.11||5,204.74||1,233.18|
|NBI Unconstrained Fixed Income ETF||NUBF CN||1,215.61||1,218.25||1,214.37|
|iShares iBoxx $ Investment Grade Corporate Bond ETF||LQD US||57,445.24||16,767.82||1,204.95|
|iShares Short-Term Corporate Bond ETF||IGSB US||19,214.02||5,606.94||1,175.66|
|Vanguard Short-Term Bond ETF||BSV US||25,829.47||2,338.99||1,121.26|
|Vanguard Intermediate-Term Corporate Bond ETF||VCIT US||37,835.01||10,030.73||1,056.39|
|iShares TIPS Bond ETF||TIP US||22,232.79||(35.17)||1,055.02|
|Invesco QQQ Trust||QQQ US||124,113.00||12,575.74||901.50|
|Daiwa ETF TOPIX||1305 JP||50,579.51||8,434.22||874.59|
|BHARAT Bond ETF – April 2031 – Acc||BETF0431 IN||867.54||867.54||867.54|
|Vanguard Short-Term Corporate Bond ETF||VCSH US||29,963.98||3,451.51||845.50|
|iShares Core € Corp Bond UCITS ETF||IEBC LN||15,896.51||455.28||808.34|
The top 10 ETPs by net new assets collectively gathered $10.57 billion in July. The SPDR Gold Shares – Acc (GLD US) gathered $3.75 billion.
Top 10 ETPs by net new inflows July 2020: Global
|SPDR Gold Shares – Acc||GLD US||77,278.85||19,385.72||3,750.61|
|iShares Gold Trust – Acc||IAU US||31,041.40||7,366.86||2,137.19|
|iShares Silver Trust – Acc||SLV US||13,669.52||3,632.19||1,461.73|
|Invesco Physical Gold ETC – Acc||SGLD LN||13,459.26||3,653.21||696.39|
|ProShares Ultra VIX Short-Term Futures||UVXY US||1,218.41||142.14||604.47|
|iShares Physical Gold ETC – Acc||SGLN LN||14,962.20||5,020.75||580.79|
|SPDR Gold MiniShares Trust – Acc||GLDM US||3,239.81||1,544.84||413.46|
|SG ETC WTI Oil -1x Daily Short Collateralized – Acc||OIL1S IM||329.41||320.12||320.12|
|Xetra Gold EUR – Acc||4GLD GY||14,366.32||1,306.01||312.43|
|iPath Series B S&P 500 VIX Short-Term Futures ETN – Acc||VXX US||885.52||(908.63)||294.49|
Investors have tended to invest in Fixed Income and Equity ETFs/ETPs at the end of July.