ETFGI reports assets invested in the Global ETF and ETP industry decreased in May

13 jun 2019

ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed Globally saw net outflows of US$4.05 billion in May, bringing year-to-date net inflows to US$141.04 billion. Assets invested in the Global ETF/ETP industry have decreased by 4.6%, from US$5.57 trillion at the end of April, to US$5.32 trillion, according to ETFGI's May 2019 Global ETF and ETP industry landscape insights report, an annual paid-for research subscription service.

(All dollar values in USD unless otherwise noted.)

Highlights

• Assets invested in the Global ETF/ETP industry declined to US$5.32 Tn.
• Assets invested in the Global ETF/ETP industry decreased by 4.6% in May.
• During May 2019, ETFs/ETPs listed Globally saw$4.05 Bn in net outflows.
• 1st month of net outflows into ETFs/ETPs listed globally since January 2014.

“Markets appear to have returned to the uncertainty of 2018, after the US/China Trade war escalated further. In addition to that, Mr. Trump threatened higher tariffs on Mexican goods. The S&P 500 finished May down 6.4%, bringing year-to-date returns to 9.7%.” according to Deborah Fuhr, managing partner and founder of ETFGI.

At the end of May 2019, the Global ETF/ETP industry had 7,797 ETFs/ETPs, from 415 providers listed on 71 exchanges in 58 countries. Following net outflows of $4.05 Bn and market moves during the month, assets invested in the Global ETF/ETP industry decreased by 4.6% from $5.57 Tn at the end of April, to $5.32 Tn in May 2019.

Growth in Global ETF and ETP assets as of the end of May 2019

Equity ETFs/ETPs listed Globally attracted net outflows of $18.92 Bn in May, bringing net inflows for 2019 to $52.14 Bn, substantially less than the $116.54 Bn in net inflows equity products had attracted by the end of May 2018. Fixed income ETFs/ETPs listed Globally attracted net inflows of $10.76 Bn in May, bringing net inflows for 2019 to $79.39 Bn, considerably greater than the $33.62 Bn in net inflows fixed income products had attracted by the end of May 2018.

Substantial inflows can be attributed to the top 20 ETF's by net new assets, which collectively gathered $21.79 Bn in May, the iShares Core S&P 500 ETF (IVV US) gathered $5.54 Bn alone.

Top 20 ETFs by net new assets May 2019: Global

The top 10 ETP's by net new assets collectively gathered $1.22 Bn in March. NEXT NOTES S&P500 Dividend Aristocrats Net Return ETN (2044 JP) gathered $302 Mn.

Top 10 ETPs by net new assets May 2019: Global

Investors have tended to invest in fixed income/leveraged ETFs in May.