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Market uncertainty surrounding the future of QE programs and volatility in the markets caused investors to net withdraw $10.2 billion from ETFs and ETPs listed in the US in June.

Assets invested globally in ETFs and ETPs are at US$1.44 trillion, down from the end of May 2013 high. Average daily trading volumes in ETFs/ETPs were US$83.3 billion, an increase of 32.9% from May and the highest since September 2011.

EQUITY

In June, equity ETFs/ETPs saw net outflows of $3.95 billion. Emerging market equity had the largest net outflows with $5.8 billion, while US focused equity ETFs/ETPs gathered the largest net inflows with $3.2 billion, followed by developed European equity indices, which gathered $1.7 billion in net inflows.

FIXED INCOME

Fixed income ETFs/ETPs experienced the largest net outflows with $6.0 billion in June. Inflation ETFs/ETPs had the largest net outflows with $1.8 billion, followed by high yield, emerging market bond, broad/aggregate and corporate bonds.

COMMODITY

In June, commodity ETFs/ETPs saw net outflows of $1.37 billion. Precious metals experienced the largest net outflows with $1.2 billion.

Top 20 ETFs/ETPs listed in the US ranked by June net inflows (NNA)

Name

Ticker

Assets
($ Mn)
Jun-13

ADV
($ Mn)
Jun-13

NNA
($ Mn)
Jun-13

iShares MSCI Germany ETF

(EWG)

3,996

121.0

1,199

iShares S&P 500 Index Fund

(IVV)

42,944

897.1

1,172

ProShares Ultra Russell 2000

(UWM)

1,273

116.6

1,135

Market Vectors Gold Miners ETF

(GDX)

5,810

725.1

1,059

iShares 20+ Year Treasury Bond ETF

(TLT)

4,221

1,394.1

1,017

iShares Russell 2000 ETF

(IWM)

21,852

4,843.0

905

Financial Select Sector SPDR Fund

(XLF)

14,446

1,292.8

803

SPDR Barclays Short Term Corp Bond ETF

(SCPB)

2,928

53.1

751

iShares 1-3 Year Treasury Bond ETF

(SHY)

8,259

144.6

725

iShares Short Treasury Bond ETF

(SHV)

4,816

93.3

683

PIMCO Enhanced Short Maturity Strategy Fund

(MINT)

3,639

63.4

667

iShares MSCI Brazil Capped ETF

(EWZ)

6,052

946.7

602

iShares MSCI EAFE ETF

(EFA)

40,202

1,366.4

583

iShares MSCI USA ETF

(EUSA)

2,081

53.0

538

iShares 1-3 Year Credit Bond ETF

(CSJ)

10,643

101.5

536

SPDR Barclays 1-3 Month T-Bill ETF

(BIL)

1,580

69.7

476

Vanguard Value ETF

(VTV)

10,549

73.2

472

Consumer Discretionary Select Sector SPDR Fund

(XLY)

5,898

399.5

409

WisdomTree Japan Total Dividend Fund

(DXJ)

9,936

526.1

385

Vanguard US Total Stock Market ETF

(VTI)

30,797

257.9

343

Source ETFGI, ETF/ETP providers, Bloomberg, ETFGI Global ETF and ETP industry insights report first half 2013

In the first half of 2013 ETFs/ETPs listed in the US have received net inflows of $74.61 billion which is very similar to the situation at the end of the first half 2012 when net inflows were $75.67 billion.

EQUITY

In H1 2013, equity ETFs/ETPs saw net inflows of $76.34 billion. US focused equity ETFs/ETPs gathered the largest net inflows with $59.73 billion, followed by developed Japanese/Asian focused equity indices with $12.48 billion, while emerging market equity had $9.7 billion in net outflows.

FIXED INCOME

Fixed income ETFs/ETPs experienced net inflows of $6.38 billion in H1 2013. Government had the largest net inflows with $3.7 billion, followed by Govt/Corp with $3.3 billion and Corporate with $2.9 billion while Inflation ETFs/ETPs had the largest net outflows with $3.08 billion, followed by emerging market bonds with $1.7 billion.

COMMODITY

In H1 2013, commodity ETFs/ETPs saw net outflows of $19.3 billion. Precious metals experienced the largest net outflows with $19.3 billion.

Top 20 US listed ETFs/ETPs ranked by net inflows in first half of 2013

Name

Ticker

Assets
($ Mn)
Jun-13

ADV
($ Mn)
Jun-13

NNA
($ Mn)
YTD 2013

WisdomTree Japan

(DXJ)

9,936

526.1

8,170

iShares MSCI Japan ETF

(EWJ)

10,938

731.0

4,959

Financial Select Sector SPDR Fund

(XLF)

14,446

1,292.8

3,428

iShares S&P 500 Index Fund

(IVV)

42,944

897.1

3,300

Vanguard Short-Term Bond ETF

(BSV)

12,404

83.9

3,248

Vanguard US Total Stock Market ETF

(VTI)

30,797

257.9

3,223

PowerShares Senior Loan Portfolio

(BKLN)

4,526

107.0

3,083

iShares Russell 2000 ETF

(IWM)

21,852

4,843.0

2,706

iShares MSCI USA Minimum Volatility ETF

(USMV)

3,570

39.7

2,687

Vanguard Dividend Appreciation ETF

(VIG)

15,809

117.9

2,382

Vanguard Value ETF

(VTV)

10,549

73.2

2,363

iShares Short Treasury Bond ETF

(SHV)

4,816

93.3

2,227

Vanguard MSCI EAFE ETF

(VEA)

13,151

117.0

2,074

Vanguard S&P 500 ETF

(VOO)

9,604

192.9

2,052

FlexShares Morningstar Global Upstream Natural Resources

(GUNR)

2,348

8.1

1,859

Vanguard REIT ETF

(VNQ)

17,764

380.2

1,746

iShares Floating Rate Bond ETF

(FLOT)

2,010

47.8

1,606

Vanguard Short-Term Corporate Bond ETF

(VCSH)

6,175

67.1

1,509

Alerian MLP ETF

(AMLP)

6,523

72.6

1,504

PIMCO 0-5 Year High Yield Corporate Bond Index Fund

(HYS)

2,256

41.4

1,494

Source ETFGI, ETF/ETP providers, Bloomberg, ETFGI Global ETF and ETP industry insights report first half 2013 etfgi.com

LARGEST ETF/ETP PROVIDERS

Vanguard ranks first in net new assets in H1 2013 with $26.98 billion in net inflows. iShares had net out flows of $9 billion in June, and ranks 2nd in net inflows with $12.3 billion year to date. WisdomTree ranks 3rd in asset gathering in H1 2013 with $10.87 billion of net inflows.

S&P Dow Jones has the largest amount of ETF/ETP assets tracking its benchmarks with $491 billion, reflecting 34.2% market share, followed by MSCI with $236.7 billion and 16.5% market share.

Top 20 ETFs/ETPs ranked by assets under management

Name

Ticker

Assets
($ Mn)
Jun-13

ADV
($ Mn)
Jun-13

NNA
($ Mn)
YTD 2013

SPDR S&P 500

(SPY)

133,336

28,630.2

(4,551)

Vanguard FTSE Emerging Markets ETF

(VWO)

49,356

1,190.4

(3,384)

iShares S&P 500 Index Fund

(IVV)

42,944

897.1

3,300

iShares MSCI EAFE ETF

(EFA)

40,202

1,366.4

579

SPDR Gold Trust

(GLD)

37,138

1,600.4

(18,175)

iShares MSCI Emerging Markets ETF

(EEM)

34,935

3,665.8

(8,306)

PowerShares QQQ Trust

(QQQ)

33,645

2,697.9

417

Vanguard US Total Stock Market ETF

(VTI)

30,797

257.9

3,223

iShares Russell 2000 ETF

(IWM)

21,852

4,843.0

2,706

iShares iBoxx$ Investment Grade Corp Bond ETF

(LQD)

19,463

416.5

(4,416)

iShares Russell 1000 Growth ETF

(IWF)

18,837

143.4

(0)

iShares Russell 1000 Value ETF

(IWD)

17,952

167.1

1,136

Vanguard REIT ETF

(VNQ)

17,764

380.2

1,746

Vanguard Total Bond Market ETF

(BND)

16,817

145.8

(498)

iShares S&P MidCap 400 Index Fund

(IJH)

16,014

107.7

550

iShares TIPS Bond ETF

(TIP)

16,012

230.6

(4,721)

Vanguard Dividend Appreciation ETF

(VIG)

15,809

117.9

2,382

iShares Barclays Aggregate Bond Fund

(AGG)

14,815

164.1

25

Financial Select Sector SPDR Fund

(XLF)

14,446

1,292.8

3,428

iShares iBoxx $ High Yield Corporate Bond ETF

(HYG)

13,921

741.9

(1,742)

Source ETFGI, ETF/ETP providers, Bloomberg, ETFGI Global ETF and ETP industry insights report first half 2013 www.etfgi.com

Source: U.S. And Europe Focused Equity Funds Had Positive June Despite $10.2B Total June ETP Outflows