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Assets in Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) listed in the United States hit an all-time high of $1.35 trillion. ETF and ETP assets have increased by 27.1% from $1.06 trillion to $1.35 trillion during 2012, according to figures from my firm's (ETFGI) monthly United States ETF and ETP industry insights.

The 10 year compound annual growth rate (CAGR) of ETF and ETP assets is 28.9%. There are currently 1,447 ETFs and ETPs, with assets of $1.35 trillion, from 53 providers on 3 exchanges.

A record level of $187.2 billion net new assets was invested in ETFs and ETPs listed in the United States in 2012. This is $11.2 billion more than the prior record set in 2008.

The top three providers of ETFs and ETPs accounted for $151.4 billion or 81% of all the net new assets gathered in 2012. iShares gathered the largest net new ETF and ETP inflows in 2012 with $62 billion, followed by Vanguard with $53.4 billion and SPDR ETFs with $36 billion net inflows.

Overall $28.1 billion of net new money went into ETFs and ETPs in the month of December. During 2012, ETFs and ETPs saw net inflows of $187.2 billion which is $68.8 billion above the level of $118.4 billion of net new assets gathered in 2011. Equity ETFs and ETPs gathered the largest net inflows accounting for $121.5 billion followed by fixed income ETFs and ETPs with $46.3 billion and commodity ETFs and ETPs capturing $13.7 billion.

Equity focused ETFs and ETPs have gathered $121.5 billion which is $68.2 billion more than all of last year. Products providing exposure to US/North American equities have been the most popular receiving $72.6 billion, followed by emerging market equities with $30.6 billion.

Fixed Income ETFs and ETPs have proved to be very popular tools this year with $46.3 billion in net new assets which is $4 billion more than all of last year. Corporate bond products have gathered the largest net inflows with $16.2 billion, followed by high yield with $11.2 billion.

Commodity flows at $13.7 billion are $6.1 billion above last year. Precious metals have gathered the largest net inflows with $12 billion, while agriculture experienced the largest net outflows with $1 billion.

The top 20 ETFs by assets have collectively gathered $96.2 billion or 51.4% of all of the net new assets in 2012. Twelve of the top 20 ETFs track equity indices while 8 provide exposure to fixed income indices.

Name

Ticker

Assets
($ Mn)
YE-2012

ADV
($ Mn)
Dec-12

NNA
($ Mn)
2012

SPDR S&P 500

(NYSEARCA:SPY)

123,001

20,613.9

15,767

Vanguard MSCI Emerging Markets ETF

(NYSEARCA:VWO)

59,097

857.9

10,592

iShares MSCI Emerging Markets Index Fund

(NYSEARCA:EEM)

48,184

2,080.7

10,506

iShares iBoxx $ Investment Grade Corporate Bond Fund

(NYSEARCA:LQD)

25,350

290.4

6,851

iShares S&P 500 Index Fund

(NYSEARCA:IVV)

35,098

729.1

5,242

Vanguard REIT ETF

(NYSEARCA:VNQ)

15,386

163.0

4,756

iShares iBoxx $ High Yield Corporate Bond Fund

(NYSEARCA:HYG)

15,972

278.6

4,504

Vanguard S&P 500 ETF

(NYSEARCA:VOO)

6,599

76.9

3,815

PIMCO Total Return Exchange-Traded Fund

(NYSEARCA:BOND)

3,870

59.5

3,772

Vanguard MSCI EAFE ETF

(NYSEARCA:VEA)

10,878

117.7

3,356

Vanguard Total Bond Market ETF

(NYSEARCA:BND)

17,969

125.3

3,268

SPDR Barclays Capital High Yield Bond ETF

(NYSEARCA:JNK)

12,502

154.6

2,985

iShares S&P US Preferred Stock Index Fund

(NYSEARCA:PFF)

10,761

53.1

2,957

iShares JPMorgan USD Emerging Markets Bond Fund

(NYSEARCA:EMB)

6,903

100.5

2,798

iShares S&P MidCap 400 Index Fund

(NYSEARCA:IJH)

13,594

115.1

2,712

Alerian MLP ETF

(NYSEARCA:AMLP)

4,449

42.4

2,619

iShares Barclays MBS Bond Fund

(NYSEARCA:MBB)

6,508

49.0

2,449

Vanguard Short-Term Corporate Bond ETF

(NASDAQ:VCSH)

4,761

32.0

2,446

WisdomTree Emerging Markets Equity Income Equity Fund

(NYSEARCA:DEM)

4,866

37.0

2,445

Vanguard European ETF

(NYSEARCA:VGK)

5,079

123.7

2,420

The top 20 ETPs (products that do not use 1940 Act fund structures) have collectively gathered $17.8 billion or 9.5% of the total net new assets in 2012. Twelve of the top 20 ETPs track commodity indices while 5 provide exposure to alternative asset class indices, and 3 to equity indices.

Name

Ticker

Assets
($ Mn)
YE-2012

ADV
($ Mn)
Dec-12

NNA
($ Mn)
2012

SPDR Gold Trust

(NYSEARCA:GLD)

72,239

1,627.5

5,745

iShares Gold Trust

(NYSEARCA:IAU)

11,645

94.5

2,606

iPath S&P 500 VIX Short-Term Futures ETN

(NYSEARCA:VXX)

1,123

851.9

2,322

JPMorgan Alerian MLP Index ETN

(NYSEARCA:AMJ)

4,797

62.8

1,263

PowerShares DB Commodity Index Tracking Fund

(NYSEARCA:DBC)

6,608

51.2

998

VelocityShares Daily 2x VIX Short Term ETN

(NASDAQ:TVIX)

169

14.8

928

ProShares Ultra VIX Short-Term Futures

(NYSEARCA:UVXY)

73

191.6

597

iShares Silver Trust

(NYSEARCA:SLV)

9,707

353.9

553

United States Natural Gas Fund LP

(NYSEARCA:UNG)

1,175

172.2

373

PowerShares DB Oil Fund

(NYSEARCA:DBO)

774

7.5

329

E-TRACS Alerian MLP Infrastructure Index

(NYSEARCA:MLPI)

491

4.2

295

ProShares VIX Short-Term Futures ETF

(NYSEARCA:VIXY)

148

15.2

273

ProShares Ultra DJ-UBS Crude Oil

(NYSEARCA:UCO)

495

49.2

262

United States Oil Fund LP

(NYSEARCA:USO)

1,200

134.8

190

ProShares Ultra Silver

(NYSEARCA:AGQ)

746

67.4

185

Barclays ETN+ S&P VEQTOR ETN

(NYSEARCA:VQT)

365

2.9

179

Goldman Sachs Connect S&P GSCI Enhanced Commodity Total Return Strategy Index ETN

(NYSEARCA:GSC)

248

1.8

179

ETFS Physical Swiss Gold Shares

(NYSEARCA:SGOL)

1,930

14.6

170

iPath S&P 500 Dynamic VIX ETN

(NYSEARCA:XVZ)

266

4.2

167

United States Commodity Index Fund

(NYSEARCA:USCI)

485

2.7

142

Source: Record ETF Inflows In 2012 See U.S. And Emerging Market Equities As Biggest Winners