ETF Net Inflows Reach Record10.13.2020
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$59.74 billion during September, bringing year-to-date net inflows to record level of US$488.18 billion which is significantly higher than the US$349 billion gathered at this point last year.
Assets invested in the global ETFs/ETPs industry decreased by 1.8%, from US$7.01 trillion at the end of August 2020, to US$6.89 trillion at the end of September, according to ETFGI’s September 2020 Global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
- ETFs and ETPs listed globally gathered net inflows of $59.74 billion during September.
- Year-to-date net inflows at the end of Q3 are at a record level of US$ 488.18 billion.
- Equity ETFs/ETPs listed globally attracted the highest inflows among the asset classes with
$36.64 billion during September.
- Commodities ETFs/ETPs gathered year-to-date net inflows of $70.25 billion, much higher than the $18.19 billion had attracted by this time last year.
- Assets declined to $6.89 trillion invested in ETFs/ETPs listed globally at the end of September the 2nd highest level on record.
“The S&P 500 declined 3.8% in September, with concerns over back-to-school (and resulting COVID cases), U.S. elections and stimulus talks. Strong prior month gains boosted the index higto close up 8.9% for Q3. Global equities declined 3.1% in September, as measured by the S&P Global BMI. Despite the monthly decline, the global benchmark managed to finish Q3 up 8.1% Q3 and up 0.7% YTD. Emerging markets, declined 2.2% in September but closed up 9.0% for Q3.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
The Global ETF/ETP industry had 8,402 ETFs/ETPs, with 16,627 listings, assets of $6.89 Trillion, from 487 providers listed on 73 exchanges in 59 countries at the end of September 2020.
@ETFGI reports year-to-date net inflows into #ETFs and ETPs listed globally at end of Q3 are at a record $488.18Bn Read more https://t.co/E5N0hI0WV6 Register https://t.co/LQbE7QBMql to attend ETFGI Global #ETFs Insights Summit Latin America on Oct19th free ETFGI Latam directory pic.twitter.com/m6CShcSKjd
— Deborah Fuhr, ETFGI (@deborahfuhr) October 13, 2020
During September 2020, ETFs/ETPs gathered net inflows of $59.74 billion. Equity ETFs/ETPs listed globally gathered net inflows of $36.64 billion over September, bringing net inflows for 2020 to $174.44 billion, higher than the $132.69 billion in net inflows equity products had attracted during September 2019. Fixed income ETFs/ETPs listed globally reported net inflows of $10.93 billion during September, bringing net inflows for 2020 to $171.56 billion, more than the $171.38 billion in net inflows fixed income products had attracted over September 2019. Active ETFs/ETPs reported $8.24 billion in net inflows bringing net inflows for 2020 to $51.48 billion, which is much greater than the $29.41 billion in net inflows reported through September 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $36.22 billion during September, the iShares Core S&P 500 ETF (IVV US) gathered $3.89 billion alone.
The top 10 ETPs by net new assets collectively gathered $4.90 billion over September. The SPDR Gold Shares (GLD US) gathered $1.12 billion alone.
Investors have tended to invest in Equity and Fixed Income ETFs/ETPs during September.
UK-focused funds had second-worst outflows on record.
O’Hanley said he remained confident in the organic potential of the firm.
The asset manager aims to grow its Xtrackers and passive business globally.
Tradeweb’s credit trading solutions and data will be integrated into BlackRock’s Aladdin.
Despite difficult circumstances, demand for SFDR Article 9 funds remained sustained.