Bringing you live news and features since 2006 

Exchange-based equity ETF turnover up 11.8 per cent

RELATED TOPICS​

Exchange-based equity exchange-traded fund turnover rose 11.8 per cent in the week to 23 March, according to the latest report from Deutsche Bank researchers Aram Flores and Shan Lan.

Exchange-based equity exchange-traded fund turnover rose 11.8 per cent in the week to 23 March, according to the latest report from Deutsche Bank researchers Aram Flores and Shan Lan.

Daily turnover was EUR1.13bn. European fixed income ETF turnover increased by 3.7 per cent to EUR204m, with money market ETFs continuing to be the main focus.

In exchange-based bond ETFs, db x-trackers II Eonia TR Index ETF has the highest daily turnover of EUR37.7m. Among the Equity ETFs, iShares Dax has the highest daily turnover of EUR65.1m.

There was one new ETF launched and nine new listings. BGI launched a new regional ETF tracking MSCI IGCC Countries ex-Saudi Arabia Index listed at the London Stock Exchange, both in GBP and USD. It also cross-listed seven products in Deutsche Borse.

European-style ETFs, led by short and leveraged products, kept their position as the leading product area with total turnover of EUR415m accounting for 37 per cent of total ETF turnover, followed by European regional ETFs with total turnover of EUR288m with 25 per cent of total turnover.

The Dax ETFs remain the dominant country products with total average daily volume of EUR109m across the five listed products and accounting for 9.7 per cent of all equity ETF volume.

Euro Stoxx 50 ETFs accounted for 14.2 per cent of turnover trading EUR160m 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 33.5 per cent of total turnover. The Euronext NextTrack platform has 24.2 per cent market share. The LSE’s combined Italian Exchange and London market share is now 23.9 per cent.

Total European equity-related assets under management increased by 2.9 per cent to EUR66.7bn.

AUM for DJ Euro Stoxx 50 ETFs was EUR13.2bn accounting for 20.4 per cent of total European AUM. Fixed income ETF AUM remained around the same level at EUR33.04bn.

Overall, the largest ETF by AUM was the money market based db x-trackers II Eonia TR Index ETF with AUM of EUR6.5bn.

The largest equity-based ETF by AUM was the Lyxor ETF DJ Euro Stoxx 50 ETF with AUM of EUR4.5bn.

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
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