ETFGI reported that that assets invested in ETFs and ETPs listed in Europe increased by 2.13% during July 2018 to reach US$827 billion at the end of the month…..
By Deborah Fuhr, Managing Partner at ETFGI
(All dollar values in USD unless otherwise noted.)
The increase followed 5 months of assets declining from a high of US$858 billion at the end of January to a low of US$810 billion at the end of June. (All dollar values in USD unless otherwise noted.)
Assets invested in ETFs/ETPs listed in Europe increased by 2.13% during July 2018 to reach $827 Bn.
Year-to-date, assets have increased by 3.17% from $802 Bn at the end of 2017.
In July 2018, ETFs/ETPs listed in Europe saw net inflows of $4.60 Bn.
According to ETFGI’s July 2018 Europe ETF and ETP industry insights report, an annual paid-for research subscription service, assets have increased by 3.17% year-to-date, from $802 Bn at the end of 2017. At the end of July 2018, the European ETF/ETP industry had 2,320 ETFs/ETPs, with 7,845 listings, assets of $828 Bn, from 66 providers on 27 exchanges.
European ETF and ETP asset growth as at end of July 2018
In July 2018, ETFs/ETPs listed in Europe saw net inflows of $4.60 Bn. Fixed income products gathered the largest net inflows with $2.74 Bn, while commodity ETFs/ETPs experienced the largest net outflows with $1.11 Bn. Year-to-date through end of July, ETFs/ETPs listed in Europe have seen net inflows of $37.0 Bn. Equity products gathered the largest net inflows with $24.7 Bn, while leveraged ETFs/ETPs experienced the largest net outflows with $829 Mn.
“The S&P 500 gained 3.72%, international markets ex-US were up 1.93% and emerging markets up 2.81%. Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.
Investors have tended to invest in core, market cap and lower cost ETFs during 2018, with the iShares Core S&P 500 UCITS ETF (CSSPX SW) and iShares Core MSCI EM IMI UCITS ETF (EMIM LN) capturing flows of $2.19 Bn and $1.67 Bn, respectively. A high proportion of net inflows year-to-date can be attributed to the top 20 ETFs by net new assets, which collectively gathered $17.6 Bn.
Top 20 ETFs by YTD net inflows: Europe
|iShares Core S&P 500 UCITS ETF||Switzerland||CSSPX SW||29,684||180.5||2,193|
|iShares Core MSCI EM IMI UCITS ETF||UK||EMIM LN||9,663||53.8||1,671|
|Vanguard S&P 500 UCITS ETF||UK||VUSA LN||24,567||51.9||1,656|
|Xtrackers S&P 500 Swap UCITS ETF||Germany||D5BM GY||3,915||14.4||1,055|
|iShares Automation & Robotics UCITS ETF||UK||RBTX LN||2,414||14.8||971|
|iShares S&P 500 Information Tech Sector UCITS ETF||UK||IITU LN||1,526||3.8||963|
|iShares S&P 500 EUR Hedged UCITS ETF (Acc)||UK||IUSE LN||4,183||27.1||955|
|iShares Core MSCI World UCITS ETF||UK||IWDA LN||14,950||76.4||911|
|iShares NASDAQ 100 UCITS ETF||Switzerland||CSNDX SW||2,373||21.5||673|
|iShares $ Treasury Bond 3-7yr UCITS ETF||Switzerland||CSBGU7 SW||1,330||22.7||646|
|iShares $ Treasury Bond 7-10yr UCITS ETF||UK||IBTM LN||2,672||28.0||640|
|iShares JP Morgan $ EM Bond EUR Hgd UCITS ETF (Dist)||UK||EMBE LN||3,347||13.7||617|
|AMUNDI ETF MSCI Emerging Markets UCITS ETF||France||AEEM FP||4,041||27.7||616|
|UBS ETF (IE) MSCI USA hd EUR UCITS ETF (EUR) A-acc||Switzerland||USEUWH SW||2,040||6.7||594|
|Vanguard FTSE All-World UCITS ETF||UK||VWRD LN||2,218||6.0||591|
|SPDR S&P 500 UCITS ETF||Germany||SPY5 GY||3,293||18.5||587|
|iShares S&P 500 Health Care Sector UCITS ETF||UK||IHCU LN||1,117||3.1||583|
|BNP Paribas Easy S&P 500 UCITS ETF USD C||France||ESD FP||1,665||–||581|
|Lyxor S&P 500 UCITS ETF – D-USD||UK||LSPU LN||2,442||38.8||573|
|iShares Italy Govt Bond UCITS ETF||UK||IITB LN||918||10.0||559|
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house.Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Similarly, the top 20 ETPs by net new assets collectively gathered $3.59 Bn year-to-date during 2018.
Top 20 ETPs by YTD net inflows: Europe
|Xtrackers Physical Gold ETC (EUR)||Germany||XAD5 GY||2,167||4.6||1,629|
|iShares Physical Gold ETC||UK||SGLN LN||3,677||30.6||674|
|Xetra Gold EUR||Germany||4GLD GY||7,104||13.6||253|
|ETFS Nickel||UK||NICK LN||335||1.6||190|
|Xtrackers Physical Gold Euro Hedged ETC||Germany||XAD1 GY||1,588||7.5||100|
|ETFS Industrial Metals DJ-UBSCISM||UK||AIGI LN||219||20.7||89|
|ETFS Long JPY Short EUR||Germany||SJPS GY||110||0.4||89|
|ETFS Physical Swiss Gold||UK||SGBS LN||642||2.5||79|
|Xtrackers Brent Crude Oil Booster EUR Hgd ETC||Germany||XETC GY||212||1.0||71|
|Xtrackers Physical Platinum Euro Hedged ETC||Germany||XAD3 GY||78||0.3||60|
|Xtrackers Physical Gold ETC||UK||XGLD LN||772||2.2||53|
|ETFS EUR Daily Hedged Forward All Commodities||Italy||EFCM IM||54||0.1||53|
|ETFS Agriculture DJ-UBSCISM||UK||AIGA LN||299||1.6||46|
|Boost FTSE 250 1x Short Daily ETP||UK||1MCS LN||68||0.0||38|
|ETFS 5x Short USD Long EUR||Italy||USE5 IM||56||0.4||37|
|Boost WTI Oil 3x Short Daily GBP ETP||UK||3OIS LN||44||6.9||28|
|UBS ETC Composite USD||UK||CMCI LN||56||–||28|
|Xtrackers Energy Booster Euro Hedged ETC||Germany||XCTH GY||132||0.0||26|
|Xtrackers Physical Silver Euro Hedged ETC||Germany||XAD2 GY||142||0.8||25|
|SG ETC Natural Gas +3x Daily Lev Collateralized||Italy||GAS3L IM||26||0.1||22|