ETFGI reports year-to-date net inflows into ETFs and ETPs listed globally at the end of Q3 are at a record level of US$ 488.18
Q3 2020 hedge fund letters, conferences and more
LONDON —October 12, 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.)
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.
Global ETF and ETP assets as of the end of September 2020
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 $3.89 billion alone.
Top 20 ETFs by net new inflows September 2020: Global
| Name | Ticker | Assets (US$ Mn) Sep-20 |
NNA (US$ Mn) YTD-20 |
NNA (US$ Mn) Sep-20 |
|
| iShares Core S&P 500 ETF | IVV US | 211,987.51 | 7,259.01 | 3,894.75 | |
| Invesco QQQ Trust | QQQ US | 135,714.21 | 18,431.77 | 3,769.45 | |
| Vanguard Total Stock Market ETF | VTI US | 161,857.54 | 17,941.48 | 3,752.93 | |
| Vanguard Total International Stock Index Fund ETF | VXUS US | 26,218.79 | 8,458.48 | 2,291.43 | |
| Hwabao WP Cash Tianyi Listed Money Market Fund | 511990 CH | 18,193.60 | 2,272.86 | 2,272.86 | |
| Vanguard Total Bond Market ETF | BND US | 62,278.25 | 11,223.25 | 1,962.22 | |
| iShares Core U.S. Aggregate Bond ETF | AGG US | 80,896.61 | 8,086.85 | 1,938.47 | |
| Guotai CES Semi-conductor Industry ETF – Acc | 512760 CH | 1,982.83 | 3,011.93 | 1,901.02 | |
| Vanguard Total International Bond ETF | BNDX US | 32,425.99 | 7,151.14 | 1,834.18 | |
| ProShares UltraPro QQQ | TQQQ US | 8,775.46 | 937.60 | 1,684.25 | |
| Vanguard S&P 500 ETF | VOO US | 16,0023.80 | 17,934.37 | 1,610.89 | |
| KraneShares CSI China Internet ETF | KWEB US | 2,832.83 | 2,195.00 | 1,167.10 | |
| NEXT FUNDS TOPIX Exchange Traded Fund | 1306 JP | 12,0864.29 | 20,399.99 | 1,135.70 | |
| SPDR S&P 500 ETF Trust | SPY US | 29,3891.30 | (29,615.04) | 1,118.81 | |
| Vanguard Short-Term Corporate Bond ETF | VCSH US | 32,706.31 | 6,207.37 | 1,053.62 | |
| Vanguard Value ETF | VTV US | 51,050.59 | 2,411.52 | 1,022.27 | |
| iShares 20+ Year Treasury Bond ETF | TLT US | 19,094.45 | (1,633.48) | 1,018.97 | |
| iShares China CNY Bond UCITS ETF | CNYB NA | 2,246.21 | 2,082.79 | 975.87 | |
| iShares Core MSCI EAFE ETF | IEFA US | 71,276.18 | 3,426.50 | 942.31 | |
| E FundSI Artificial Intelligence ETF | 159819 CH | 852.20 | 872.36 | 872.36 |
The top 10 ETPs by net new assets collectively gathered $4.90 billion over September. The SPDR Gold Shares (GLD US) gathered $1.12 billion alone.
Top 10 ETPs by net new inflows September 2020: Global
| Name | Ticker | Assets (US$ Mn) Sep-20 |
NNA (US$ Mn) YTD-20 |
NNA (US$ Mn) Sep-20 |
| SPDR Gold Shares | GLD US | 75,827.44 | 21,165.19 | 1,117.39 |
| iShares Physical Gold ETC – Acc | SGLN LN | 15,283.65 | 5,903.86 | 983.69 |
| iShares Gold Trust | IAU US | 31,430.00 | 9,073.29 | 809.41 |
| Invesco Physical Gold ETC – Acc | SGLD LN | 13,981.77 | 4,735.13 | 767.63 |
| Invesco DB US Dollar Index Bullish Fund | UUP US | 740.61 | 551.85 | 335.96 |
| MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 | FNGU US | 862.55 | 236.21 | 236.21 |
| Invesco Physical Gold ETC – EUR Hdg Acc | SGLE IM | 185.91 | 178.13 | 176.60 |
| SPDR Gold MiniShares Trust | GLDM US | 3,561.27 | 2,010.65 | 169.39 |
| Xtrackers IE Physical Gold ETC Securities – Acc | XGDU LN | 182.09 | 180.34 | 153.69 |
| AMUNDI PHYSICAL GOLD ETC (C) – Acc | GOLD FP | 3,872.09 | 2,269.88 | 149.95 |
Investors have tended to invest in Equity and Fixed Income ETFs/ETPs during September.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
Article by ETFGI
