Global ETFs and ETPs gathered net inflows of USD31.52 billion during February, bringing year-to-date net inflows to USD98.68 billion which is higher than the USD61.57 billion gathered at this point last year. Assets invested in the global ETFs/ETPs industry have decreased by 5.4 per cent, from USD6.39 trillion at the end of January 2020, to USD6.04 trillion at the end of February, according to ETFGI’s February 2020 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service.
“At the end of February, the S&P 500 was down 8.2 per cent as coronavirus cases continued to spread and the potential economic impact weighed on investors and the markets. Outside the U.S., the S&P Developed ex-U.S. BMI declined nearly 9.0 per cent. The S&P Emerging BMI lost 5.1 per cent during the month. Global equities as measured by the S&P Global BMI ended down 8.1 per cent with 49 of 50 included country indices down, while China gained 0.9 per cent,” says Deborah Fuhr, managing partner, founder and owner of ETFGI.
At the end of February 2020, the Global ETFs/ETPs industry had 7,980 ETFs/ETPs, with 16,008 listings from 445 providers on 71 exchanges in 58 countries.
At the end of February 2020, ETFs/ETPs gathered net inflows of USD31.52 billion. Equity ETFs/ETPs listed globally gathered net inflows of USD3.83 billion at end of February, bringing net inflows for 2020 to USD37.97 billion, greater than the USD19.70 billion in net inflows equity products had attracted by the end of February 2019. Fixed income ETFs/ETPs listed globally attracted net inflows of USD14.76 billion at the end of February, bringing net inflows for 2020 to USD35.89 billion, slightly lower than the USD38.33 billion in net inflows fixed income products had attracted by the end of February 2019. Commodity ETFs/ETPs reported USD5.40 billion in net inflows bringing net inflows for 2020 to USD9.53 billion, which is greater than the USD1.26 billion in net inflows gathered through February 2019.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered USD36.83 billion at the end of February, the iShares Core S&P 500 ETF (IVV US) gathered USD6.88 billion alone.