ETFGI reports ETFs and ETPs listed in Europe gathered net inflows of US$6.42 billion at end of February, bringing year-to-date net inflows to US$21.20 billion
By Deborah Fuhr, Managing Partner at ETFGI
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Europe gathered net inflows of US$6.42 billion at the end of February, bringing year-to-date net inflows to US$21.20 billion.
Assets invested in the European ETFs/ETPs industry have decreased by 4.0%, from US$1.04 trillion at the end of January, to US$997.48 billion, according to ETFGI’s February 2020 European ETFs and ETPs industry landscape insights report. (All dollar values in USD unless otherwise noted.)
- ETFs and ETPs listed in Europe attracted $6.42 billion in net inflows in February, the 5th highest February inflow on record.
- Assets invested in the European ETFs/ETPs industry at $997.48 billion is the 3rd highest on record.
- Fixed Income and Commodities attracted the largest monthly inflows among the asset classes of $2.58 billion and $2.25 billion respectively.
“At the end of February, the S&P 500 was down 8.2% as coronavirus cases continued to spread and the potential economic impact weighed on investors and the markets. Outside the U.S., the S&P Developed ex-U.S. BMI declined nearly 9.0%. The S&P Emerging BMI lost 5.1% during the month. Global equities as measured by the S&P Global BMI ended down 8.1% with 49 of 50 included country indices down, while China gained 0.9%.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
At the end of February 2020, the European ETFs/ETPs industry had 2,196 ETFs/ETPs, with 8,456 listings, from 67 providers on 27 exchanges in 23 countries.
Equity ETFs/ETPs listed in Europe gathered net inflows of $1.06 billion in February, bringing net inflows for the year 2020 to $8.81 billion, lower than the $11.03 billion in net inflows equity products had attracted at this point in 2019.
Fixed income ETFs/ETPs listed in Europe gathered net inflows of $2.58 billion in February, bringing net inflows for the year to $7.48 billion, lower than the $13.27 billion in net inflows fixed income products had attracted at this point in 2019.
Commodity ETFs/ETPs reported $2.25 billion in net inflows bringing net inflows to $4.44 billion for2020, which is greater than the $896 million in net inflows gathered year to date in 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $7.98 billion at the end of February. The UBS ETF-MSCI Emerging Markets UCITS ETF A – Acc (EMMUSC SW) gathered $1.03 billion alone.
Top 20 ETFs by net inflows in February 2020: Europe
|UBS ETF-MSCI Emerging Markets UCITS ETF A – Acc||EMMUSC SW||3,938.75||1,048.67||1,030.03|
|iShares Core € Corp Bond UCITS ETF||IEAA LN||1,370.77||925.58||913.39|
|Invesco S&P 500 ETF||SPXS LN||7,633.68||684.40||665.03|
|Xtrackers II EUR Corporate Bond UCITS ETF DR||XBLC GY||2,340.67||584.83||555.94|
|Xtrackers II Japan Government Bond UCITS ETF||XJSE GY||1,077.70||414.07||401.46|
|SPDR S&P Euro Dividend Aristocrats UCITS ETF||SPYW GY||2,227.86||390.69||363.57|
|iShares $ Treasury Bond 7-10yr UCITS ETF||IBTM LN||4,840.77||634.81||359.76|
|iShares Core MSCI EM IMI UCITS ETF||EMIM LN||14,324.59||481.65||312.94|
|iShares € Inflation Linked Govt Bond UCITS ETF||IBCI LN||2,027.83||294.43||307.65|
|iShares Edge MSCI World Momentum Factor UCITS ETF||IWMO LN||1,594.72||481.01||301.75|
|Invesco European Banks Sector ETF||X7PS GY||275.91||300.19||300.35|
|iShares Core MSCI World UCITS ETF||IWDA LN||21,828.86||756.79||299.47|
|iShares MSCI USA SRI UCITS ETF||SUAS LN||2,088.82||390.50||291.81|
|iShares MSCI World SRI UCITS ETF – EUR – Acc||SUSW LN||967.23||350.01||289.71|
|iShares MSCI France UCITS ETF||ISFR LN||321.07||287.25||287.25|
|iShares Core € Govt Bond UCITS ETF||SEGA LN||2,970.52||206.29||277.20|
|iShares MSCI World ESG Screened UCITS ETF Acc||SAWD LN||378.98||285.69||273.23|
|AMUNDI ETF S&P 500 UCITS ETF EUR C||500 FP||2,235.04||281.03||269.45|
|UBS ETF (CH) – MSCI Switzerland (CHF) A-dis||SWICHA SW||604.00||229.50||241.20|
|Xtrackers S&P 500 Swap UCITS ETF||D5BM GY||6,929.73||(169.62)||233.99|
The top 10 ETPs by net new assets collectively gathered $2.22 billion at the end of February. The Xtrackers Physical Gold ETC (EUR) (XAD5 GY) gathered $511 million alone.
Top 10 ETPs by net inflows in February 2020: Europe
|Xtrackers Physical Gold ETC (EUR)|
|iShares Physical Gold ETC|
|WisdomTree Physical Swiss Gold|
|Amundi Physical Metals PLC|
|WisdomTree WTI Crude Oil 1x Daily Short|
|Xetra Gold EUR|
|Royal Mint Physical Gold ETC Securities|
|WisdomTree WTI Crude Oil|
|WisdomTree Physical Gold|
|Invesco Gold ETC|
Investors have tended to invest in Fixed Income ETFs and ETPs in February.