US ETFs And ETPs Have Gathered $424B In Net New Assets In The First 11 Months Of 2017

Dec. 10, 2017 11:51 AM ETAGG, BND, EFA, EZU, FIHD, FLGE, GLD, GSG, IAU, IEFA, IEMG, IJR, ITOT, IVV, LQD, QQQ, TVIXF, UGAZF, UNG, UVXY, VCIT, VCSH, VEA, VGK, VOO, VTI, VTV, VWO, VXX, XLF4 Comments
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Deborah Fuhr
119 Followers

Summary

  • ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today US ETFs and ETPs have gathered $424B US dollars in net new assets.
  • Year-to-date, through end of November 2017, ETFs and ETPs listed in the US saw record net inflows of $424.0 Bn; 52.1% more than net inflows for the whole of 2016.
  • The majority of these flows can be attributed to the top 20 ETFs by net new assets.

According to ETFGI's November 2017 US ETF and ETP industry insights report, a research subscription service, assets invested in ETFs and ETPs grew by 31.8% year-to-date, the greatest annual increase since 2009 when markets recovered following the 2008 financial crisis, and an increase of 2.9% on the previous record of US$3.3 Tn set in October 2017.

Year-to-date, through end of November 2017, ETFs and ETPs listed in the US saw record net inflows of US$424.0 Bn; 52.1% more than net inflows for the whole of 2016, and almost double that of the previous YTD record for the same period of US$219.4 Bn set in November 2016. November 2017 also marked the 22nd consecutive month of net inflows into ETFs/ETPs, with US$38.2 Bn gathered during the month.

The majority of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered US$198.5 Bn during 2017. The iShares Core S&P 500 ETF (IVV US) on its own accounted for net inflows of US$29.9 Bn.

Top 20 ETFs by net new assets: Global

Name

Ticker

Assets
(US$ Mn)
Nov-17

ADV
(US$ Mn)
Nov-17

NNA
(US$ Mn)
YTD 2017

iShares Core S&P 500 ETF

IVV US

137,183

786.5

29,937

iShares Core MSCI EAFE ETF

IEFA US

41,097

224.4

20,084

Vanguard FTSE Developed Markets ETF

VEA US

66,713

348.0

16,239

iShares Core MSCI Emerging Markets ETF

IEMG US

41,569

431.4

15,491

Vanguard S&P 500 ETF

VOO US

81,954

469.8

13,587

iShares iBoxx $ Investment Grade Corporate Bond ETF

LQD US

39,508

699.5

11,788

iShares Core U.S. Aggregate Bond ETF

AGG US

52,310

282.2

10,179

iShares MSCI EAFE ETF

EFA US

82,472

1,165.8

9,694

Vanguard FTSE Emerging Markets ETF

VWO US

65,087

480.0

9,621

Vanguard Intermediate-Term Corporate Bond ETF

VCIT US

18,228

86.0

7,667

Vanguard Total Stock Market ETF

VTI US

89,633

312.2

7,539

iShares Core S&P Small-Cap ETF

IJR US

36,230

213.1

6,510

Vanguard Short-Term Corporate Bond ETF

VCSH US

21,715

115.7

5,859

iShares MSCI Eurozone ETF

EZU US

15,071

247.8

5,325

Financial Select Sector SPDR Fund

XLF US

31,741

1,476.4

5,213

Vanguard Total Bond Market ETF

BND US

36,818

146.9

5,018

iShares Core S&P Total U.S. Stock Market ETF

ITOT US

12,630

42.3

4,832

Vanguard FTSE Europe ETF

VGK US

18,267

167.7

4,822

PowerShares QQQ

QQQ US

58,745

4,091.5

4,652

Vanguard Value ETF

VTV US

35,523

142.4

4,466

Similarly, the top 10 ETPs by net new assets collectively gathered US$7.4 Bn year-to-date during 2017.

Top 10 ETPs by net new assets

Name

Ticker

Assets
(US$ Mn)
Nov-17

ADV
(US$ Mn)
Nov-17

NNA
(US$ Mn)
YTD 2017

iShares Gold Trust

IAU US

9,932

98.3

1,841

iPath S&P 500 VIX Short-Term Futures ETN

VXX US

1,199

1,123.8

1,163

VelocityShares Daily 3x Long Natural Gas ETN

UGAZ US

893

244.1

1,043

ProShares Ultra VIX Short-Term Futures

UVXY US

501

415.1

871

SPDR Gold Trust

GLD US

34,544

674.9

823

VelocityShares Daily 2x VIX Short Term ETN

TVIX US

288

132.5

622

FI Enhanced Global High Yield ETN

FIHD US

1,065

3.5

311

iShares S&P GSCI Commodity-Indexed Trust

GSG US

1,328

5.3

258

FI Large Cap Growth Enhanced ETN

FLGE US

1,652

2.8

246

United States Natural Gas Fund LP

UNG US

551

65.9

217

Equity ETFs/ETPs saw net inflows of $30.4 Bn in November, bringing year-to-date net inflows to $296.6 Bn, which is greater than the net inflows of $117.1 Bn over the same period last year. Fixed income ETFs and ETPs experienced net inflows of $6.0 Bn in November, growing year-to-date net inflows to $106.2 Bn, which is greater than the same period last year which saw net inflows of $77.5 Bn. Commodity ETFs/ETPs suffered net outflows of $245 Mn in November.

This article was written by

Deborah Fuhr profile picture
119 Followers
Deborah Fuhr is the managing partner and co-founder of ETFGI, an independent research and consultancy firm launched in 2012 in London offers a number of subscription services.Previously, she served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. Fuhr also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates. Deborah Fuhr was named Recipient of 100 Women in Finance’s 2017 European Industry Leadership Award. Ms Fuhr was the recipient of the 2014 William F. Sharpe Lifetime Achievement Award for outstanding and lasting contributions to the field of index investing, the Nate Most Greatest Contributor to the ETF industry award at the 11th annual ExchangeTradedFunds.com awards dinner in 2015, the ETF.com Lifetime achievement award in 2015. She has been named as one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016, and as one of the “10 to Watch in 2014” by Rep. magazine and wealthmanagement.com. Ms Fuhr won the award for the Greatest Overall Contribution to the development of the Global ETF industry in the ExchangeTradedFunds.com survey in 2011 and 2008 and received an award for her contribution to the ETF sector at the annual closed end funds and ETF event in New York and was featured in the Investors Chronicle’s list of “150 people that can make you money” in 2010. Ms Fuhr frequently writes articles for various publications including: Financial News, ETFI Asia, CityWire, FT Advisor, Pensions and Investments, IPE: Investments and Pensions Europe, Focus -World Federation of Exchanges and the Financial Times. Ms Fuhr is one of the founders and on the board of Women in ETFs, one of the founders and on the board of Women in ETFs EMEA chapter, is on the board of Cancer Research UK’s ‘Women of Influence’ initiative to support female scientists. Ms. Fuhr is on the editorial board of the Journal of Indexes (United States), Journal of Indexes (Europe), and Money Management Executive; the advisory board for the Journal of Index Investing; and the investment panel of experts for Portfolio Adviser, the FTSE ICB Advisory Committee, the International Advisory Committee for the Egyptian Exchange, and the University of Connecticut School of Business International Advisory Board. She holds a BS degree from the University of Connecticut and an MBA from the Kellogg School of Management at Northwestern University.
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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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