Global ETFs and ETPs have gathered a record USD539.58bn in year to date net inflows
ETFs and ETPs listed globally have gathered a record USD539.58 billion in year to date net infows as of the end of October 2020.
ETFs and ETPs listed globally gathered net inflows of USD52.21 billion during October, bringing year-to-date net inflows to a record level of USD539.58 billion which is significantly higher than the USD399.88 billion gathered at this point last year and close to the USD571.14 billion gathered in all of 2019, according to ETFGI's October 2020 Global ETFs and ETPs industry landscape insights report, the monthly report which is part of the annual paid-for research subscription service.
“During October, the S&P 500 decreased by 2.66 per cent due to the uncertainty of US elections and rise in virus infections," says Deborah Fuhr, managing partner, founder and owner of ETFGI. "Developed markets outside the US fell 3.56 per cent during October, 21 of 24 countries lost ground as a large portion of Europe announced new lockdown plans. Emerging markets reported positive a return of 2.04 per cent in October.”
The Global ETF/ETP industry had 8,508 ETFs/ETPs, with 16,897 listings, assets of USD6.81 Tn, from 495 providers listed on 73 exchanges in 59 countries at the end of October 2020.
During October 2020, ETFs/ETPs gathered net inflows of USD52.18 billion. Fixed Income ETFs/ETPs listed globally gathered net inflows of USD21.62 billion during October, bringing net inflows through the end of October to USD193.18 billion, slightly higher than the USD191.05 billion in net inflows fixed income products had attracted during the same period in 2019. Equity ETFs/ETPs listed globally reported net inflows of USD22.59 billion during October, bringing net inflows for 2020 to USD197.14 billion, more than the USD155.63 billion in net inflows equity products had attracted through the end of October 2019. Commodity ETFs/ETPs gathered 742 million in net inflows in October taking YTD inflows to a record USD70.96 billion which is significantly more than the USD18.52 billion net inflows gathered in all of 2019. Active ETFs/ETPs reported USD7.29 billion in net inflows in October bringing YTD net inflows for 2020 to USD58.76 billion, which is much greater than the USD34.85 billion in net inflows reported in the same period in 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD28.83 billion during October, the Vanguard Total Stock Market ETF (VTI US) gathered USD3.69 billion alone.