07.15.2020

Fixed Income ETFs Had Highest Net Inflows In June

07.15.2020
Fixed Income ETFs Had Highest Net Inflows In June

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$64.96 billion during June, bringing year-to-date net inflows to US$294.48 billion which is significantly higher than the US$209.51 billion gathered at this point last year.

Assets invested in the global ETFs/ETPs industry have increased by 2.8%, from US$6.11 trillion at the end of May 2020, to US$6.28 trillion at the end of June, according to ETFGI’s June 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

  • Assets of $6.28 trillion invested in ETFs/ETPs listed globally at the end of June are the 3rd  highest on record.
  • Fixed Income ETFs/ETPs listed Globally attracted the highest net inflows among the asset classes with $38.97 billion during June.
  • Commodities ETFs/ETPs gathered year-to-date net inflows of $53.85 billion, much higher than the $3.51 billion attracted at this time last year.

“The S&P 500 gained 1.99% during June.  In Q2, U.S. equities staged a recovery from the Q1’s decline.  Although Covid cases in the U.S. are still increasing the stimulus from the Fed and Congress, aided the market rebound. During June developed markets outside the U.S. were up 3.44% and up 16.8% in Q2.  In June Hong Kong (up 11.35%), New Zealand (up 10.09%) Netherlands (up 8%) and Germany (up 6.08%) as the top performers. Emerging markets gained 7.6% in June and are up 19.3% in Q2.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

At the end of June 2020, the Global ETF/ETP industry had 8,181 ETFs/ETPs, with 16,377 listings, assets of $6.283 trillion, from 468 providers listed on 72 exchanges in 59 countries.

During June, ETFs/ETPs gathered net inflows of $64.96 billion. Equity ETFs/ETPs listed globally reported net inflows of $16.90 billion during June, bringing net inflows for 2020 to $88.88 billion, more than the $78.04 billion in net inflows equity products had attracted through June 2019.

Fixed income ETFs/ETPs listed globally gathered net inflows of $38.97 billion at the end of month, bringing net inflows for 2020 to $105.83 billion, lower than the $113.22 billion in net inflows fixed income products had attracted year to date in 2019.

Commodity ETFs/ETPs reported $5.18 billion in net inflows bringing net inflows for 2020 to $53.58 billion, which is much greater than the $3.51 billion in net inflows reported through June 2019.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $47.70 billion at the end of June, the Vanguard S&P 500 ETF (VOO US) gathered $6.84 billion alone.

Source: EFTGI

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