Bringing you live news and features since 2006 

European equity ETF assets down five per cent in last week of February

RELATED TOPICS​

European-listed exchange traded fund turnover rose by four per cent in the week ending 27 February, but equity ETFs lost five per cent of their total assets under management, according

European-listed exchange traded fund turnover rose by four per cent in the week ending 27 February, but equity ETFs lost five per cent of their total assets under management, according to the latest ETF liquidity report from Deutsche Bank researchers Aram Flores and Shan Lan.

Equity ETF turnover rose four per cent from the previous week, with daily turnover reaching EUR936m, while European fixed-income ETF turnover rose two per cent over the same period. Daily turnover for the week averaged EUR208m, with money-market ETFs remaining the main focus.

Among individual bond ETFs, db x-trackers II Eonia TR Index ETF had the highest daily turnover at EUR40.5m. Among equity ETFs, iShares Dax had the highest daily turnover with EUR53.7m.

Eighteen new ETFs were launched during the previous week, with EasyETF launching 16 new funds and BGI cross-listing two existing funds.

European style ETFs, led by short and leveraged products, kept their position as the leading product area with total turnover of EUR325m, accounting for 35 per cent of total turnover, followed by European regional ETFs with total turnover of EUR259m, 28 per cent of the total.

The Dax ETFs remain the dominant country products with total average daily volume of EUR93m across the five listed products and accounting for 9.9 per cent of all equity ETF volume.

Euro Stoxx 50 ETFs accounted for 15.3 per cent of turnover trading with an average of EUR144m per day, with liquidity split across 12 ETFs and 35 different listings on nine exchanges.

The Deutsche Börse XTF platform had the largest market share with 29.9 per cent of total turnover. The Euronext NextTrack platform had 25 per cent market share, while the London Stock Exchange’s combined Italian and London market share was 23.5 per cent.

Total European equity-related ETF assets under management declined five per cent to EUR62.6bn during the last week of February. The assets of the DJ Euro Stoxx 50 ETFs were EUR12.2bn and accounted for 19 per cent of the European total. Fixed-income ETF assets remained almost stable at EUR32.8bn.

Overall, the largest ETF by assets under management was the money-market based db x-trackers II Eonia TR Index ETF with assets of EUR6.5bn. The largest equity-based ETF by assets was the Lyxor ETF DJ Euro Stoxx 50 ETF with EUR4.0bn.

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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