Bringing you live news and features since 2006 

European equity ETF turnover rises by six per cent

RELATED TOPICS​

European exchange based equity ETF turnover rose by six per cent to EUR1.5bn during the week ending 2 November, according to Deutsche Bank.

European fixed income ETF turnover rose by 2.2 per cent to EUR184.6m, 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 EUR19.63m. Among the equity ETFs, iShares Dax (DE) has the highest daily turnover of EUR80.07m.

There were seven listings during the week, all of which came from db x-trackers, which cross listed seven ETFs on Borsa Italiana.

European style ETFs, led by short and leveraged products, kept its position as the leading product area with total turnover of EUR439m accounting for 29.89 per cent of total ETF turnover, followed by European regional ETFs with total turnover of EUR394m with 26.82 per cent of total turnover. The Dax ETFs remain the dominant country products with total average daily volume of EUR210m across the nine listed products and accounting for 14.3 per cent of all equity ETF volume.

DJ Euro Stoxx 50 ETFs accounted for 14.3 per cent of turnover trading EUR210m per day with liquidity split across 26 ETFs and 42 different listings on nine exchanges.

The Deutsche Borse XTF platform has the largest market share with 37.2 per cent of total turnover. The Euronext NextTrack platform has 21.7 per cent market share. The LSE’s combined Italian Exchange and London market share is now 26.0 per cent.

Total European equity related assets under management declined by 2.6 per cent to EUR98.2bn. AUM for DJ Euro Stoxx 50 ETFs was EUR18.8bn accounting for 19.2 per cent of total European AUM. Fixed income ETF AUM remained at about the same level at EUR34bn.

Overall, the largest ETF by AUM was the equity based Lyxor ETF DJ Euro Stoxx 50 with AUM of EUR4.7bn. The largest fixed income ETF by AUM was the iShares EUR Corporate Bond with AUM of EUR3.2bn.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
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