Bringing you live news and features since 2006 

European equity ETF turnover reaches EUR962m a day, says Deutsche report

RELATED TOPICS​

Equity exchange traded fund turnover on European stock exchanges rose 3.4 per cent during the week ending 6 February, with daily turnover amounting to EUR962m, according to Deutsche Ban

Equity exchange traded fund turnover on European stock exchanges rose 3.4 per cent during the week ending 6 February, with daily turnover amounting to EUR962m, according to Deutsche Bank.

The latest weekly report from Deutsche Bank researchers Aram Flores and Shan Lan shows that European fixed income ETF turnover rose 2.5 per cent on the same period.

Daily turnover for the previous week was EUR205m, with money market ETFs continuing to be the main focus.

Among bond ETFs, db x-trackers II Eonia TR Index ETF had the highest daily turnover with EUR48.94m. Among equity ETFs, iShares FTSE 100 had the highest daily turnover of EUR53.01m.

European style ETFs, led by short and leveraged products, kept its position as the leading product area with total turnover of EUR328m accounting for 34 per cent of total ETF turnover, followed by European regional ETFs with total turnover of EUR273m with 28.4 per cent of total turnover.

The Dax ETFs remain the dominant country products with total average daily volume of EUR91m across the five listed products, accounting for 9.5 per cent of all equity ETF volume.

Euro Stoxx 50 ETFs accounted for 17.4 per cent of turnover trading EUR167m per day with liquidity split across 12 ETFs and 35 different listings on nine exchanges.

The Deutsche Borse XTF platform has the largest market share with 29.5 per cent of total turnover. The Euronext NextTrack platform has 25.5 per cent market share. The London Stock Exchange’s combined market share through Milan and London is now 23.1 per cent.

Total European equity-related assets under management rose 6.3 per cent to EUR74.3bn during the week ending 6 February.

Assets under management for DJ Euro Stoxx 50 ETFs was EUR15.2bn, accounting for 20 per cent of total European assets under management.

Fixed-income ETF assets under management rose one per cent to EUR33.6bn, maintaining their upward trend.

Overall, the largest ETF by assets under management was the money-market based db x-trackers II Eonia TR Index ETF with assets of EUR6.4bn.

The largest equity-based ETF was the Lyxor ETF DJ Euro Stoxx 50 ETF with assets of EUR5.1bn.

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by