ETF Industry AUM At $10.7 Trillion, Up 16% YTD

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LONDON —September 19, 2023 ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today the global ETFs industry gathered US$64.64 billion in net inflows in August 2023bringing year to date net inflows to US$529 Bn. Year-to-date assets have increased 15.5%, going from $9.26 trillion at end of 2022 to $10.70 trillion, according to ETFGI’s August 2023 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)

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Highlights

  • Global ETFs industry gathered net inflows of $64.64 Bn during August.
  • YTD net inflows of $529.04 Bn are the third highest on record, after YTD net inflows of $833.45 Bn in 2021 and YTD net inflows of $558.54 Bn in 2022.
  • 51st month of consecutive net inflows.
  • Assets of $10.70 Tn invested in the global ETFs industry at the end of August.
  • Assets increased 15.5% YTD in 2023, going from $9.26 Tn at end of 2022 to $10.70 Tn.

“The S&P 500 decreased by 1.59% in August but is up by 18.73% YTD in 2023. Developed markets excluding the US decreased by 3.92% in August but are up 10.58% YTD in 2023. Netherlands (down 9.59%) and Hong Kong (down 9.13%) saw the largest decreases amongst the developed markets in August. Emerging markets decreased by 5.08% during August but are up 5.44% YTD in 2023. Colombia (down 12.70%) and Pakistan (down 11.09%) saw the largest decreases amongst emerging markets in August.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

Global ETFs industry asset growth as of the end of August

At the end of August, the Global ETFs industry had 11,510 products, with 23,497 listings, assets of US$10.70 trillion, from 713 providers listed on 81 exchanges in 63 countries.

During August, ETFs gathered net inflows of $64.64 Bn. Equity ETFs reported net inflows of $37.22 Bn over August, bringing YTD net inflows to $250.15 Bn, significantly lower than the $314.99 Bn in net inflows YTD in 2022. Fixed income ETFs gathered net inflows of $16.73 Bn during August, bringing YTD net inflows to $184.41 Bn, higher than the $137.44 Bn in net inflows YTD in 2022. Commodities ETFs/ETPs reported net outflows of $2.84 Bn during August, bringing YTD net outflows to $6.37 Bn, significantly lower than the $1.63 Bn in net outflows YTD in 2022. Active ETFs attracted net inflows of $13.83 Bn during the month, bringing YTD net inflows to $98.53 Bn, higher than the $80.70 Bn in net inflows YTD in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $33.09 Bn during August Huatai-Pinebridge CSI 300 ETF (510300 CH) gathered $4.87 Bn, the largest individual net inflow.

Top 20 ETFs by net new inflows August 2023: Global

Name

Ticker

Assets
($ Mn)
Aug-23

NNA
($ Mn)
YTD-23

NNA
($ Mn)
Aug-23

Huatai-Pinebridge CSI 300 ETF

510300 CH

                 16,579.43

                            6,282.17

            4,866.87

Vanguard S&P 500 ETF

VOO US

                337,505.63

                          29,213.28

            4,324.92

ChinaAMC CSI Science and Technology Innovation Board 50 ETF

588000 CH

                 13,272.10

                            6,236.57

            2,922.55

iShares Core S&P 500 ETF

IVV US

                350,203.71

                          12,563.18

            2,232.49

iShares 0-3 Month Treasury Bond ETF

SGOV US

                 14,036.91

                            6,582.88

            1,992.57

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

BIL US

                 29,418.00

                            2,612.83

            1,927.81

China CSI 500 ETF – Acc

510500 CH

                   7,955.08

                              (615.63)

            1,578.46

China AMC China 50 ETF

510050 CH

                   8,824.42

                               958.37

            1,341.89

Vanguard Intermediate-Term Treasury ETF

VGIT US

                 16,946.85

                            3,553.84

            1,261.54

Vanguard Total Stock Market ETF

VTI US

                316,839.60

                          11,804.89

            1,189.04

iShares Core S&P 500 UCITS ETF – Acc

CSSPX SW

                 64,124.64

                            1,215.20

            1,053.49

China AMC CSI 300 Index ETF

510330 CH

                   4,553.67

                            1,246.34

            1,050.23

E Fund CSI 300 ETF

510310 CH

                   4,033.10

                            1,908.37

            1,041.71

Harvest CSI 300 Index ETF – Acc

159919 CH

                   4,070.10

                            1,280.92

            1,032.45

iShares Edge MSCI USA Quality Factor ETF

QUAL US

                 32,480.18

                            9,463.15

              953.07

iShares Core S&P Mid-Cap ETF

IJH US

                 74,562.82

                            5,328.65

              943.37

WisdomTree Floating Rate Treasury Fund

USFR US

                 18,056.02

                            4,944.71

              898.54

Xtrackers II EUR Overnight Rate Swap UCITS ETF

XEON GY

                   3,065.22

                            1,771.54

              859.21

Invesco BuyBack Achievers ETF

PKW US

                   1,819.94

                               198.86

              815.42

Vanguard Total Bond Market ETF

BND US

                 95,232.53

                          10,726.01

              806.96

The top 10 ETPs by net new assets collectively gathered $506.51 Mn over August. WisdomTree Energy Enhanced – EUR Hdg Acc (BENE LN) gathered $115.83 Mn, the largest individual net inflow.

Top 10 ETPs by net new inflows August 2023: Global

Name

Ticker

Assets
($ Mn)
Aug-23

NNA
($ Mn)
YTD-23

NNA
($ Mn)
Aug-23

WisdomTree Energy Enhanced – EUR Hdg Acc

BENE LN

                      119.34

                               113.82

115.83

WisdomTree Physical Gold – EUR Daily Hedged – Acc

GBSE GY

                      510.15

                               102.35

72.10

Xtrackers IE Physical Gold ETC Securities – GBP Hdg Acc

XGDG LN

                      326.09

                               (27.51)

54.88

Samsung Securities Samsung Inverse 2X KOSDAQ150 Futures ETN 107

530107 KS

                      211.73

                               237.69

52.93

iPath Bloomberg Commodity Index Total Return ETN

DJP US

                      643.55

                              (108.16)

48.51

Invesco CurrencyShares Swiss Franc Trust

FXF US

                      201.47

                               (23.45)

40.48

Teucrium Wheat Fund

WEAT US

                      204.13

                                 23.44

33.32

MERITZ SECURITIES MERITZ 3X Leverage KTB 30Y ETN 61

610061 KS

                       62.76

                                 44.84

31.38

MicroSectors Gold Miners 3X Leveraged ETN – Acc

GDXU US

                      127.95

                                 48.02

29.45

United States Natural Gas Fund LP

UNG US

                   1,165.93

                            1,105.01

27.63

Investors have tended to invest in Equity ETFs/ETPs during August.

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