Exchange traded funds and products hit global high in November reports ETFGI

Jonathan Boyd
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Exchange traded funds and products hit global high in November reports ETFGI

Assets of the global ETF/ETP industry reached $6.12trn at the end of November, setting a new record, as net inflows surged to $75.29bn - the fourth highest monthly net inflow on record, according to ETFGI, the consultancy led by ETF guru Deborah Fuhr.

The monthly net inflow helped take inflows for the first 11 months of 2019 to $477.01bn, which was described as "significantly higher" than the $439.61bn reported at the same time last year. Total industry assets globally increased 2.5% from the end of October, but are up 27% over the January-November period. 

Fuhr commented: "During November the S&P 500 gained 3.6% as global markets were resistant to fears of inflation and showed optimism on the trade talks. Global equities as measured by the S&P Global BMI were up 2.5% and the S&P Emerging BMI gained 0.1%."

Global ETF and ETP assets as of the end of November 2019

(Source: ETFGI)

At the end of November 2019, the global ETF/ETP industry had 7,926 ETFs/ETPs, with 15,883 listings from 429 providers on 70 exchanges in 58 countries. 

Equity ETFs/ETPs listed globally gathered net inflows of $56.92bn in November, bringing net inflows for 2019 to $215.28bn, substantially less than the $311.62bn in net inflows equity products had attracted by the end of November 2018. 

Fixed income ETFs/ETPs listed globally attracted net inflows of $16.40bn in November, bringing net inflows for 2019 to $207.65bn, considerably greater than the $86.16bn in net inflows fixed income products had attracted by the end of November 2018.  

Commodity ETFs/ETPs suffered $1.71bn in net outflows bringing net inflows for 2019 to $18.45bn, which is greater than the $1.49bn in net outflows suffered through November 2018. 

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $29.51bn in November, the SPDR S&P 500 ETF Trust (SPY US) gathered $6.64bn alone.

Top 20 ETFs by net new inflows November 2019: Global

Name

Assets
(US$ Mn)
 Nov-19

NNA
(US$ Mn)
 YTD-19

NNA
(US$ Mn)
 Nov-19

SPDR S&P 500 ETF Trust

  291,129.85 

  (8,679.79)

  6,636.95 

iShares Core MSCI EAFE ETF

   71,431.87 

  10,205.88 

  2,724.60 

Vanguard S&P 500 ETF

  126,904.64 

  12,917.30 

  1,882.19 

iShares Core MSCI World UCITS ETF

   21,809.30 

   4,351.44 

  1,443.42 

Invesco QQQ Trust

   82,859.08 

   1,910.65 

  1,440.77 

iShares Core € Corp Bond UCITS ETF

   14,735.25 

   6,216.04 

  1,322.11 

Vanguard High Dividend Yield Index Fund

   28,692.65 

   3,357.14 

  1,263.48 

iShares MSCI Japan ETF

   14,158.93 

  (2,866.97)

  1,203.58 

iShares Edge MSCI USA Quality Factor ETF

   15,284.55 

   5,954.87 

  1,196.64 

iShares Core U.S. Aggregate Bond ETF

   67,158.26 

   6,399.52 

  1,070.56 

iShares Core S&P Small-Cap ETF

   46,764.54 

   2,946.45 

  1,070.10 

iShares MSCI USA Size Factor ETF

     1,454.55 

   1,133.31 

  1,022.54 

Financial Select Sector SPDR Fund

   26,436.98 

  (1,874.51)

     943.87 

iShares Core MSCI Emerging Markets ETF

   57,147.59 

   3,757.18 

     930.10 

Vanguard Total Stock Market ETF

  132,081.71 

  13,578.85 

     919.61 

Technology Select Sector SPDR Fund

   25,581.41 

   1,147.89 

     911.02 

Samsung KODEX 200 ETF

     6,008.95 

     (270.14)

     906.81 

Vanguard Total Bond Market ETF

   47,473.97 

   8,589.77 

     897.98 

Vanguard Value ETF

   54,503.44 

   4,383.09 

     867.18 

Vanguard Total International Stock Index Fund ETF

   17,321.75 

   5,520.63 

     857.90 

Top 10 ETPs by net new inflows November 2019: Global

Name

Assets
(US$ Mn)
 Nov-19

NNA 
(US$ Mn) 
YTD 2019

NNA 
(US$ Mn) 
Nov-19

VelocityShares Daily 3x Long Natural Gas ETN

923.70

1316.83

471.88

VelocityShares Daily 2x VIX Short Term ETN

891.77

2004.69

206.23

Amundi Physical Metals PLC

822.52

794.85

182.46

iPath Series B S&P 500 VIX Short-Term Futures ETN

928.17

1264.57

169.47

ProShares Ultra VIX Short-Term Futures

579.45

1001.86

158.60

WisdomTree Physical Swiss Gold

2532.64

1578.83

146.24

C-Tracks Exchange-Traded Notes Miller/Howard Strategic Dividend Reinvestor

143.18

144.54

144.54

BNP Paribas EUR Hedged RICI Enhanced Energy ER Index ETC

116.95

120.60

120.56

Xetra Gold EUR

9480.72

871.76

102.05

C-Tracks Miller/Howard MLP Fundamental Index ETN

81.10

82.53

82.53

 

 

Jonathan Boyd
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Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.