Bringing you live news and features since 2006 

US ETP assets lost 0.9%, but flows remain positive


Negative equity markets and below-average inflows resulted on a pull-back in US ETP assets of USD10.4bn, last week according to figures released by Deutsche Bank.

ETP AUM fell by 0.9% to USD1.18 trillion from the previous week’s level. YTD growth remains strong though at 13.1%. Assets for equity, fixed income and commodity ETPs moved -USD8.1bn, -USD0.3bn, and -USD2.1bn during last week, respectively.

Total US ETP flows from all products registered USD1.2bn of inflows during last week vs USD4.4bn of inflows the previous week, setting the YTD weekly flows average at +USD3.8bn (+USD53.2bn YTD in total cash flows).
Equity, Fixed Income, and Commodity ETPs experienced flows of +USD0.8bn, +USD0.4bn, and +USD0.0bn last week vs. +USD2.9bn, +USD1.5bn, and +USD0.1bn the previous week, respectively.

Within Equity ETPs, Small Cap products experienced the largest inflows (+USD0.7bn); while Large Cap vehicles experienced the largest outflows (-USD0.8bn), followed by US Sector ETPs (-USD0.5bn). Within Fixed Income ETPs, Corporates recorded the largest inflows (+USD0.6bn), followed by Sovereign products (+USD0.6bn). Within Commodity ETPs there weren´t significant flows.

Total weekly turnover declined by 12.5% to USD250bn vs. USD286bn in the previous week. However, daily average volume increased by 9.35% from USD57.2bn to USD62.5bn on rising volatility. Back to total weekly figures, the largest decrease was on Equity ETP turnover, which fell by USD33.5bn or 13.3% to USD218bn. Commodity and Fixed Income ETP turnover followed with decreases of 11.52% (-USD1.9bn) and 0.8% (USD0.1bn), respectively.

There were five new ETF listings during the previous week. Four listed on BATS and one listed on NYSE Arca. Four new products provide exposure to High Yield Corporate debt from EM and Global Markets, and the other ETP provides exposure to a portfolio of diversified income investments.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
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