10.13.2020

ETF Net Inflows Reach Record

10.13.2020
ETF Net Inflows Reach Record

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.)

Highlights

  • 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.

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.

Source: ETFGI

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