ETFGI reports the ETFs industry in Europe gathered net inflows of US$17.25 billion during October

Press release
ETFGI reports the ETFs industry in Europe gathered net inflows of US$17.25 billion during October

LONDON - November 16, 2023 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that ETFs industry in Europe gathered net inflows of US$17.25 billion during October, bringing year-to-date net inflows to US$120.25 billion. Assets have increased 11.7% YTD in 2023, going from US$1.42 trillion at end of 2022 to US$1.58 trillion at the end of October, according to ETFGI's October 2023 European ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)  

Highlights

 

  • Net inflows of $17.25 Bn in October.
  • YTD net inflows of $120.25 Bn are 2nd highest after YTD net inflows of $165.83 Bn in 2021.
  • 13th month of consecutive net inflows.
  • Assets of $1.58 Tn invested in ETFs industry in Europe at the end of October.
  • Assets have increased 11.7% YTD in 2023, going from $1.42 Tn at end of 2022 to $1.58 Tn.

 

 “The S&P 500 index declined 2.10% in October but is up 10.69% YTD in 2023. The developed markets excluding the US index declined by 4.62% in October but is up 1.73% YTD in 2023. Israel (down 14.45%) and Luxembourg (down 11.41%) saw the largest decreases amongst the developed markets in October. The emerging markets index  declined by 3.55% during October and is down by 0.20% YTD in 2023. Turkey (down 11.71%) and United Arab Emirates (down 8.54%) saw the largest decreases amongst emerging markets in October.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

 

ETFS industry in Europe asset growth as at the end of October

A graph with blue and green lines Description automatically generated with medium confidence

 

The ETFs industry in Europe had 2,941 products, with 12,037 listings, assets of $1.584 Tn, from 99 providers listed on 29 exchanges in 24 countries at the end of October.

During October, ETFs gathered net inflows to $17.25 billion. Equity ETFs gathered net inflows of $12.49 Bn during October, bringing YTD net inflows to $67.90 Bn, higher than the $46.11 Bn in net YTD in 2022. Fixed income ETFs reported net inflows of $5.02 Bn during October, bringing YTD net inflows to $51.22 Bn, higher than the $22.97 Bn in YTD net inflows in 2022. Commodities ETFs/ETPs reported net outflows of $186 Mn during October, bringing YTD net outflows to $4.79 Bn, much lower than the $3.65 Bn in net outflows YTD in 2022. Active ETFs attracted net inflows of $192 Mn during the month, gathering YTD net inflows of $6.22 Bn, much higher than the $2.39 Bn in net inflows YTD in 2022.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $14.91 Bn during October. L&G Europe ESG Exclusions Paris Aligned UCITS ETF - Acc (RIEU LN) gathered $2.10 Bn, the largest individual net inflow.

Top 20 ETFs by net inflows in October 2023: Europe

Name

Ticker

Assets
($ Mn)
 Oct-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Oct-23

L&G Europe ESG Exclusions Paris Aligned UCITS ETF - Acc

RIEU LN

                   2,786.16

                                       2,676.89

            2,096.04

iShares $ Treasury Bond 20+yr UCITS ETF

IBTL LN

                   6,780.73

                                       4,160.65

            1,960.47

ZKB Gold ETF (CHF) - Acc

ZGLD SW

                 11,023.55

                                       1,016.46

            1,413.83

iShares Core S&P 500 UCITS ETF - Acc

CSSPX SW

                 61,681.00

                                       3,277.35

            1,342.95

Vanguard S&P 500 UCITS ETF

VUSA LN

                 38,695.42

                                       2,774.59

              975.30

Xtrackers II EUR Overnight Rate Swap UCITS ETF - 1C - Acc

XEON GY

                   4,132.97

                                       2,893.46

              852.97

iShares Edge MSCI USA Quality Factor UCITS ETF - Acc

IUQA LN

                   2,528.32

                                          882.61

              630.96

L&G US Equity Responsible Exclusions UCITS ETF - Acc

RIUS LN

                   1,842.42

                                       1,263.32

              591.04

iShares $ Treasury Bond 7-10yr UCITS ETF

IBTM LN

                   8,184.27

                                       1,249.89

              557.98

iShares MSCI USA ESG Enhanced UCITS ETF

EEDS LN

                 12,192.34

                                       1,765.36

              520.85

iShares $ High Yield Corp Bond UCITS ETF

IHYU LN

                   5,764.51

                                          836.78

              514.79

Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc

ZPA5 GY

                   2,223.34

                                       1,058.73

              495.39

Amundi US Treasury Bond 7-10Y UCITS ETF

7USH GY

                   1,480.98

                                          806.28

              445.52

iShares Core MSCI World UCITS ETF - Acc

IWDA LN

                 55,883.91

                                       7,743.48

              402.43

HSBC Global Government Bond UCITS ETF - Acc

HGVU LN

                   3,591.68

                                          384.38

              382.52

iShares MSCI ACWI UCITS ETF - Acc

ISAC LN

                   8,596.90

                                       2,108.47

              366.38

UBS Irl ETF plc - S&P 500 ESG UCITS ETF - Dis

S5SD GY

                   3,434.23

                                          135.37

              356.00

iShares S&P 500 Swap UCITS ETF - Acc

I500 NA

                   2,912.79

                                          354.73

              340.55

iShares $ TIPS UCITS ETF - Acc

ITPS LN

                   5,025.45

                                          499.72

              334.27

Vanguard FTSE All-World UCITS ETF

VWRD LN

                 18,377.65

                                       3,373.38

              329.42

 

The top 10 ETPs by net new assets collectively gathered $1.24 Bn during October.

Invesco Physical Gold ETC - GBP Hdg Acc (SGLS LN) gathered $621.48 Mn the largest individual net inflow.

 

Top 10 ETPs by net inflows in October 2023: Europe

Name

Ticker

Assets
($ Mn)
 Oct-23

NNA
($ Mn)
 YTD-23

NNA
($ Mn)
Oct-23

Invesco Physical Gold ETC - GBP Hdg Acc

SGLS LN

                      685.31

                                          612.95

              621.48

BTCetc – ETC Group Physical Bitcoin - Acc

BTCE GY

                      769.16

                                          227.12

              149.47

WisdomTree Copper - Acc

COPA LN

                   1,105.20

                                          729.21

              101.25

WisdomTree Precious Metals - Acc

AIGP LN

                      143.63

                                            90.02

                97.70

WisdomTree WTI Crude Oil - Acc

CRUD LN

                      625.90

                                         (251.99)

                69.20

21Shares Solana Staking ETP

ASOL SW

                      173.71

                                            90.11

                65.46

21Shares Bitcoin ETP - Acc

ABTC SW

                      380.32

                                            73.66

                37.74

Leverage Shares 3x Tesla ETP - Acc

TSL3 LN

                      151.74

                                          101.78

                36.60

Xtrackers Physical Gold Euro Hedged ETC - Acc

XAD1 GY

                   1,409.19

                                         (482.28)

                33.51

WisdomTree Brent Crude Oil - Acc

BRNT LN

                   1,732.16

                                          248.83

                24.24

 

 

 

 

 

 

 

 

 


 

 

   

 

Investors have tended to invest in Equity ETFs and ETPs during October.


Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.

5th Annual ETFGI Global ETFs Insights Summit - Canada, Nov 29th in person in Toronto at BLG’s office & Nov 30th Virtual Register Here
 

 

📍Nov 29 - day 1 - In person, from 8:15am - 6pm including networking drinks at Borden Ladner Gervais LLP (BLG)’s office, Bay Adelaide Centre, East Tower, 22 Adelaide St W #3400, Toronto, ON M5H 4E3, Canada

📍Nov 30 - day 2 - Virtual panel discussions on our virtual event platform.

This event will bring together leaders from across the ETF industry, including ETF sponsors, exchanges, broker-dealers, institutional investors, regulators, and other market participants. The summit is designed to provide the opportunity for traders, portfolio managers, and advisors at buyside institutional investor and financial advisors to examine how ETFs are being traded, selected, and used and hear about the most current regulatory, index, product trends: active, bitcoin, crypto, ESG, thematic and trading developments that are impacting investors.
 

Topics include:

  • How Regulations are Impacting Market Structure
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  • An Update and Outlook from CIRO
  • How Regulations are Impacting ETFs and Investors 
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  • Women in ETFs: Top 3 Trends in Asset Management, Career and Diversity 
  • Now is the Time for Fixed Income ETFs
  • The Unfolding Story for Crypto - Digital Assets
  • Trends in Active ETFs
  • Managing the Great Transition
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  • Trends in the ETF Industry - ETFGI Research 


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Upcoming 2024 events:

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We look forward to seeing you at our events!
Debbie and Margareta

Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 

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