ETFGI reports that assets in ETFs/ETPs listed globally are again over the 6 trillion US dollar milestone at the end of May 2020 …
By Deborah Fuhr, Managing Partner at ETFGI
ETFGI reported today that assets invested in the global ETFs/ETPs industry have increased by 4.7%, from US$5.84 trillion at the end of April 2020, to US$6.10 trillion at the end of May.
ETFs and ETPs listed globally gathered net inflows of US$48 billion during May, bringing year-to-date net inflows to US$225.41 billion which is significantly higher than the US$140.54 billion gathered at this point last year, according to ETFGI’s May 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Assets break through $6 trillion milestone again to $6.11 trillion at the end of May the 4th highest on record.
ETFs and ETPs listed globally gathered net inflows of $48 billion during May
Year-to-date net inflows of $225.41 billion are the 2nd highest behind only 2017 when $284.02 billion was gathered at this point
During May Fixed Income ETFs/ETPs gathered the highest net inflows of $31.26 billion.
“The S&P 500 gained 4.8% in May and remains only 5.0% down from its level at the beginning of the year, as markets anticipated relief from a COVID-19-driven economic slowdown. Developed markets outside the U.S. were also up 4.8% for the month with Sweden (up 9.9%) and Germany (up 9.2%) the top performers, while Hong Kong (down 7.7%), was the only market to be down for the month due to recent political turmoil. Emerging markets lagged during the month, gaining 1.3% as the economic impact of virus shutdowns remains somewhat more uncertain compared to developed regions.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Global ETF and ETP assets as of the end of May 2020
At the end of May 2020, the Global ETF/ETP industry had 8,073 ETFs/ETPs, with 16,136 listings, assets of US$6.11 trillion, from 453 providers on 71 exchanges in 58 countries.
During May 2020, ETFs/ETPs gathered net inflows of $48.02 billion. Fixed income ETFs/ETPs listed globally gathered net inflows of $31.26 billion during May, bringing net inflows for 2020 to $66.89 billion, lower than the $79.37 billion in net inflows fixed income products had attracted at this point in 2019. Commodity ETFs/ETPs reported $10.09 billion in net inflows bringing net inflows for 2020 to $48.66 billion, which is much greater than the $2.06 billion in net outflows reported at this point in 2019. Equity ETFs/ETPs listed globally reported net outflows of $181 million during May, bringing net inflows for 2020 to $67.86 billion, which is more than the $51.0 billion in net inflows equity products had attracted at this point in 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $35.20 billion at the end of May, the iShares iBoxx $ High Yield Corporate Bond ETF gathered $4.32 billion alone.
Top 20 ETFs by net new inflows May 2020: Global
The top 10 ETPs by net new assets collectively gathered $10.25 billion in May. The SPDR Gold Shares – Acc (GLD US) gathered $3.69 billion alone.
|iShares iBoxx $ High Yield Corporate Bond ETF|
|TOPIX Exchange Traded Fund|
|Invesco QQQ Trust|
|iShares iBoxx $ Investment Grade Corporate Bond ETF|
|Vanguard Total Bond Market ETF|
|Daiwa ETF TOPIX|
|Vanguard Short-Term Corporate Bond ETF|
|iShares Core U.S. Aggregate Bond ETF|
|Listed Index Fund TOPIX|
|Health Care Select Sector SPDR Fund|
|Vanguard Information Technology ETF|
|Vanguard Intermediate-Term Corporate Bond ETF|
|JPMorgan Ultra-Short Income ETF|
|Communication Services Select Sector SPDR Fund|
|SPDR Bloomberg Barclays High Yield Bond ETF|
|iShares Short-Term Corporate Bond ETF|
|iShares National Muni Bond ETF|
|SPDR Portfolio Intermediate Term Corporate Bond ETF|
|VanEck Vectors Gold Miners ETF|
|Vanguard Short-Term Bond ETF|
Top 10 ETPs by net new inflows April 2020: Global
|SPDR Gold Shares – Acc|
|SG ETC WTI Oil +2x Daily Leveraged Collateralized – Acc|
|iShares Physical Gold ETC – Acc|
|iShares Gold Trust – Acc|
|iShares Silver Trust – Acc|
|NEXT NOTES Nikkei TOCOM Leveraged Crude Oil ETN – Acc|
|Invesco Physical Gold ETC – Acc|
|VelocityShares Daily 3x Long Natural Gas ETN – Acc|
|WisdomTree WTI Crude Oil – Acc|
|Xtrackers Physical Gold ETC (EUR) – Acc|
Investors have tended to invest in Fixed Income and commodities ETFs/ETPs at the end of May.
ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, Founder, ETFGI website www.etfgi.com.