Bringing you live news and features since 2006 

US ETP inflows reach USD13.6bn


Total US exchange-traded product flows experienced their largest year-to-date-weekly inflows of USD13.6bn during the week ending 17 December versus USD9.7bn of inflows the previous week, according to a report by Deutsche Bank.

The weekly average ETP flows stands at USD2.5bn year to date.

US ETPs assets under management reached a new all-time high of USD993bn, getting closer to the USD1trn year end mark.

Equity ETPs recorded another massive USD14.1bn in inflows following the USD10.4bn in inflows in the previous week. Equity inflows were mainly driven by the SPY December Effect, which concentrated USD13bn in inflows in the last two days of the previous week. This pattern has been repeated in the last 4 Dec/Jan cycles and concentrates the largest inflows in two days, usually close to the end of the week before the holidays week.

Equity style ETPs also received healthy inflows of USD1.5bn, distributed among growth, value and dividend ETPs, topping USD12.2bn in inflows year to date.

Fixed income ETPs experienced their largest weekly outflows YTD. The assets flight was USD1.3bn versus USD0.7bn outflows on the previous week. Inflows to the debt related asset class have been stagnant for the last month, while flat or outgoing flows have been gaining momentum.

In addition, last week no investment segment experienced inflows. Corporates ETPs recorded the largest outflows (USD593m), followed by ETPs tracking broad benchmarks (USD439m). Fixed income ETPs YTD-cumulative flows dropped to USD32.9bn, USD2.4bn down from its peak on 12 November.

Concerns regarding a rate hike in China, plus higher yields in the US kept putting pressure on the commodity environment. Nevertheless, commodity ETPs received USD987m in fresh money during the last week, versus USD259m in outflows on the previous week. Gold ETPs recovered their supremacy, at least for last week, adding USD768m in new cash, followed by natural gas ETPs with USD154m in inflows. On the outflows side, crude oil ETPs recorded the largest figure with USD71m.

US ETP average daily turnover dropped 5.8 per cent totalling USD60bn at the end of the week. Equity ETPs registered the largest absolute decrease with USD3.4bn or -6.1 per cent week over week.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
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..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
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...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
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