Bringing you live news and features since 2006 

European equity ETF turnover down 2.8 per cent


European exchange based equity ETF turnover declined by 2.8 per cent to EUR1.1bn during the week ending 18 January, according to a report by Deutsche Bank.

European fixed income ETF turnover rose by 5.8 per cent to EUR207.5m.

In exchange based bond ETFs, db x-trackers II Eonia TR Index ETF has the highest daily turnover of EUR18.30m.

Among the equity ETFs, iShares Dax (DE) has the highest daily turnover of EUR52.71m.

There were 23 new listings during the week. Casam issued 13 new ETFs on NYSE Euronext Paris followed by Credit Suisse AM which issued seven new ETFs on Swiss Stock Exchange. UBS issued two new ETFs on Swiss Stock Exchange and ETFlab launched one new ETF on Deutsche Borse.

European regional ETFs remained at the top position as leading product area with total turnover of EUR342m with 31.93 per cent of total ETF turnover followed by country ETFs with total turnover of EUR248m accounting for 23.15 per cent of total ETF turnover.

The Dax ETFs remain the dominant country products with total average daily volume of EUR123m across the 14 listed products and accounting for 11.4 per cent of all equity ETF volume.

DJ Euro Stoxx 50 ETFs accounted for 15.4 per cent of turnover trading EUR165m per day with liquidity split across 17 ETFs and 44 different listings on nine exchanges.

The Deutsche Borse XTF platform has the largest market share with 37.7 per cent of total turnover. The Euronext NextTrack platform has 18.3 per cent market share. The LSE’s combined Italian Exchange and London market share is now 28.0 per cent.

Total European Equity related assets under management declined by 1.6 per cent to EUR115.7bn. AUM for DJ Euro Stoxx 50 ETFs was EUR22.9bn accounting for 20.0 per cent of total European AUM. Fixed income ETF AUM remained at about the same level at EUR36.4bn.

Overall, the largest ETF by AUM was Lyxor ETF DJ Euro Stoxx 50, an equity based ETF, with AUM of EUR5.2bn. The largest fixed income ETF by AUM was the iShares EUR Corporate Bond with AUM of EUR3.3bn.

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
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