Global ETF/ETP reached a new record of USD8.56tn at the end of Q1
Assets invested in ETFs and ETPs listed globally reached a new record of of USD8.56 trillion at the end of Q1, according to figures released by ETFGI.
The USD136.20 billion in net inflows gathered during March are the second highest monthly inflows behind the prior record USD139.89 billion gathered during February 2021.
At the end of Q1, the year to date, net inflows are a record USD359.17 billion which are significantly higher than the prior record USD197.2 billion gathered during Q1 2017 and higher than the USD117.61 billion gathered at the end of Q1 2020. Assets invested in the global ETFs and ETPs industry have increased by 2.9 per cent from the prior record USD8.32 trillion at the end of February 2021, to the new record USD8.56 trillion at the end of Q1, according to ETFGI's March 2021 Global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service.
“The S&P 500 gained 4.4 per cent in March and 6.2 per cent in Q1, supported by the increasing pace of Covid-19 vaccinations and continued monetary and fiscal support," says Deborah Fuhr, managing partner, founder and owner of ETFGI. "Global equities gained 2.5 per cent in March and 5.2 per cent in Q1, as measured by the S&P Global BMI. Some 38 of the 50 countries advanced during the month and 35 were positive at the end of Q1. Developed markets ex-U.S. gained 2.3 per cent in USD terms in March and 4.0 per cent in Q1. Emerging markets were down 1.6 per cent in USD terms in March and up 2.8 per cent in Q1, as measured by the S&P Emerging BMI."
The Global ETFs and ETPs industry had 8,893 products, with 17,714 listings, assets of USD8.56 trillion, from 535 providers listed on 77 exchanges in 62 countries at then end of Q1.
During March, ETFs and ETPs listed globally gathered net inflows of USD136.20 billion. Equity ETFs and ETPs listed globally gathered net inflows of USD113.79 billion during March, bringing net inflows for Q1 2021 to USD274.04 billion, greater than the net inflows of USD69.52 billion equity products attracted in Q1 2020. Fixed Income ETFs and ETPs listed globally reported net inflows of USD10.69 billion during March, bringing net inflows for Q1 2021 to USD33.04 billion, much higher than the USD7.92 billion in net inflows fixed income products attracted in Q1 2020. Commodity ETFs and ETPs listed globally suffered net outflows of USD7.26 billion, YTD in Q1 2021 they suffered net outflows of USD6.47 billion, while in Q1 2020 they attracted net inflows of USD19.71 billion. Active ETFs/ETPs reported USD13.35 billion in net inflows in March bringing net inflows for Q1 2021 to USD47.15 billion, higher than the USD7 billion in net inflows active products attracted in Q1 2020.
Substantial inflows can be attributed to the top 20 ETFs ranked by net new assets, which collectively gathered USD50.49 billion during March. The pargest gainer was the SPDR S&P 500 ETF Trust (SPY US) which gathered USD6.60 billion in March.
The top 10 ETPs by net new assets collectively gathered USD1.35 billion in March. The largest gainer was the MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (FNGU US) which gathered USD517 Mn in March.