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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 ((NYSE:NNA))

Name

Ticker

Assets
($ Mn)
Jun-13

ADV
($ Mn)
Jun-13

NNA
($ Mn)
Jun-13

iShares MSCI Germany ETF

(NYSEARCA:EWG)

3,996

121.0

1,199

iShares S&P 500 Index Fund

(NYSEARCA:IVV)

42,944

897.1

1,172

ProShares Ultra Russell 2000

(NYSEARCA:UWM)

1,273

116.6

1,135

Market Vectors Gold Miners ETF

(NYSEARCA:GDX)

5,810

725.1

1,059

iShares 20+ Year Treasury Bond ETF

(NYSEARCA:TLT)

4,221

1,394.1

1,017

iShares Russell 2000 ETF

(NYSEARCA:IWM)

21,852

4,843.0

905

Financial Select Sector SPDR Fund

(NYSEARCA:XLF)

14,446

1,292.8

803

SPDR Barclays Short Term Corp Bond ETF

(NYSEARCA:SCPB)

2,928

53.1

751

iShares 1-3 Year Treasury Bond ETF

(NYSEARCA:SHY)

8,259

144.6

725

iShares Short Treasury Bond ETF

(NYSEARCA:SHV)

4,816

93.3

683

PIMCO Enhanced Short Maturity Strategy Fund

(NYSEARCA:MINT)

3,639

63.4

667

iShares MSCI Brazil Capped ETF

(NYSEARCA:EWZ)

6,052

946.7

602

iShares MSCI EAFE ETF

(NYSEARCA:EFA)

40,202

1,366.4

583

iShares MSCI USA ETF

(NYSEARCA:EUSA)

2,081

53.0

538

iShares 1-3 Year Credit Bond ETF

(NYSEARCA:CSJ)

10,643

101.5

536

SPDR Barclays 1-3 Month T-Bill ETF

(NYSEARCA:BIL)

1,580

69.7

476

Vanguard Value ETF

(NYSEARCA:VTV)

10,549

73.2

472

Consumer Discretionary Select Sector SPDR Fund

(NYSEARCA:XLY)

5,898

399.5

409

WisdomTree Japan Total Dividend Fund

(NYSEARCA:DXJ)

9,936

526.1

385

Vanguard US Total Stock Market ETF

(NYSEARCA: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

(NYSEARCA: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

(NYSEARCA:BSV)

12,404

83.9

3,248

Vanguard US Total Stock Market ETF

(VTI)

30,797

257.9

3,223

PowerShares Senior Loan Portfolio

(NYSEARCA: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

(NYSEARCA:USMV)

3,570

39.7

2,687

Vanguard Dividend Appreciation ETF

(NYSEARCA: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

(NYSEARCA:VEA)

13,151

117.0

2,074

Vanguard S&P 500 ETF

(NYSEARCA:VOO)

9,604

192.9

2,052

FlexShares Morningstar Global Upstream Natural Resources

(NYSEARCA:GUNR)

2,348

8.1

1,859

Vanguard REIT ETF

(NYSEARCA:VNQ)

17,764

380.2

1,746

iShares Floating Rate Bond ETF

(NYSEARCA:FLOT)

2,010

47.8

1,606

Vanguard Short-Term Corporate Bond ETF

(NASDAQ:VCSH)

6,175

67.1

1,509

Alerian MLP ETF

(NYSEARCA:AMLP)

6,523

72.6

1,504

PIMCO 0-5 Year High Yield Corporate Bond Index Fund

(NYSEARCA: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

(NYSEARCA:SPY)

133,336

28,630.2

(4,551)

Vanguard FTSE Emerging Markets ETF

(NYSEARCA: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

(NYSEARCA:GLD)

37,138

1,600.4

(18,175)

iShares MSCI Emerging Markets ETF

(NYSEARCA:EEM)

34,935

3,665.8

(8,306)

PowerShares QQQ Trust

(NASDAQ: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

(NYSEARCA:LQD)

19,463

416.5

(4,416)

iShares Russell 1000 Growth ETF

(NYSEARCA:IWF)

18,837

143.4

(0)

iShares Russell 1000 Value ETF

(NYSEARCA:IWD)

17,952

167.1

1,136

Vanguard REIT ETF

(VNQ)

17,764

380.2

1,746

Vanguard Total Bond Market ETF

(NYSEARCA:BND)

16,817

145.8

(498)

iShares S&P MidCap 400 Index Fund

(NYSEARCA:IJH)

16,014

107.7

550

iShares TIPS Bond ETF

(NYSEARCA:TIP)

16,012

230.6

(4,721)

Vanguard Dividend Appreciation ETF

(VIG)

15,809

117.9

2,382

iShares Barclays Aggregate Bond Fund

(NYSEARCA: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

(NYSEARCA: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