Summary for US listed ETFs
At the end of April 2012, the US ETF industry had 1,170 ETFs, assets of US$1,074.5 Bn, from 30 providers on 3 exchanges.
Assets
- ETF assets have decreased by 0.2% from US$1,077.1 Bn in March 2012 to US$1,074.5 Bn in April 2012.
- YTD through end of April 2012, ETF assets have increased by 14.4% from US$939.3 Bn to US$1,074.5 Bn.
Flows
- In April 2012, ETFs saw net inflows of US$4.2 Bn. Fixed income ETFs gathered net inflows of US$4.6 Bn, of which US$1.8 Bn went into corporate bond ETFs. Commodity ETFs gathered net inflows of US$0.5 Bn, of which US$0.7 Bn went into ETFs providing exposure to precious metals, while ETFs providing exposure to agriculture, energy, industrial metals and broad commodity indices experienced net outflows totalling a combined US$0.1 Bn. Equity ETFs experienced net outflows of US$0.8 Bn, of which ETFs providing exposure to US equity indices saw net outflows of US$0.4 Bn, while ETFs providing exposure to global equity indices gathered net inflows of US$0.3 Bn.
- YTD through end of April 2012, ETFs have gathered net inflows of US$53.0 Bn. Equity ETFs have gathered US$33.1 Bn, of which net inflows of US$19.7 Bn went into ETFs providing exposure to US equity indices. Fixed income ETFs have gathered net inflows of US$20.2 Bn, of which US$7.6 Bn net inflows went into high yield ETFs, while government bond ETFs have experienced net outflows of US$0.8 Bn. Commodity ETFs have gathered net inflows US$0.2 Bn, of which US$0.6 Bn net inflows went into ETFs providing exposure to precious metals, while ETFs providing exposure to agricultural commodities experienced net outflows of US$0.3 Bn.
- YTD through end of April 2012, leveraged ETFs have experienced net outflows of US$3.2 Bn, inverse ETFs have experienced US$0.3 Bn net outflows, while leveraged inverse ETFs have gathered US$2.5 Bn net inflows.
- Vanguard gathered the largest net inflows in April with US$4.4 Bn, followed by iShares with US$1.2 Bn and Van Eck Associates Corp with US$1.0 Bn net inflows.
- Vanguard gathered the largest net inflows YTD with US$21.7 Bn, followed by iShares with US$13.0 Bn and SPDR ETFs with US$6.2 Bn net inflows.
- PowerShares experienced the largest net outflows in April with US$2.5 Bn.
- Direxion Shares experienced the largest net outflows YTD with US$0.6 Bn, followed by ProShares with US$0.5 Bn and Bank of New York with US$0.3 Bn net outflows.
Summary for US listed ETFs/ETPs
Including other Exchange Traded Products (ETPs), at the end of April 2012, the US ETF/ETP industry had 1,457 ETFs/ETPs, assets of US$1,206.2 Bn, from 47 providers on 3 exchanges.
Assets
- ETF/ETP assets have decreased by 0.4% from US$1,210.5 Bn in March 2012 to US$1,206.2 Bn in April 2012.
- YTD through end of April 2012, ETF/ETP assets have increased by 13.7% from US$1,061.2 Bn to US$1,206.2 Bn.
Flows
- In April 2012, ETFs/ETPs saw net inflows of US$3.5 Bn. Fixed income ETFs/ETPs gathered net inflows of US$4.6 Bn, of which US$1.8 Bn went into corporate bond ETFs/ETPs. Equity ETFs/ETPs experienced net outflows of US$0.8 Bn, of which ETFs/ETPs providing exposure to US equity indices experienced US$0.4 Bn net outflows. Commodity ETFs/ETPs experienced US$0.1 Bn net outflows, of which energy ETFs/ETPs experienced US$0.2 Bn net ouflows, while precious metals ETFs/ETPs gathered US$0.4 Bn net inflows.
- YTD through end of April 2012, ETFs/ETPs saw net inflows of US$59.4 Bn. Equity ETFs/ETPs gathered US$33.9 Bn net inflows, of which ETFs/ETPs providing exposure to US equity indices gathered US$20.5 Bn net inflows. Fixed income ETFs/ETPs gathered US$20.2 Bn net inflows, of which US$7.6 Bn net inflows went into high yield ETFs/ETPs. Commodity ETFs/ETPs gathered US$3.9 Bn net inflows, of which precious metals ETFs/ETPs gathered US$2.9 Bn net inflows, while ETFs/ETPs providing exposure to agricultural commodities experienced US$0.4 Bn net outflows.
- YTD through end of April 2012, leveraged ETFs/ETPs experienced US$1.8 Bn net outflows, inverse ETFs/ETPs experienced US$0.5 Bn net outflows, while US$2.3 Bn net inflows went into leveraged inverse ETFs/ETPs.
- Vanguard gathered the largest net inflows in April with US$4.4 Bn, followed by iShares with US$1.1 Bn and Van Eck Associates Corp with US$1.0 Bn net inflows.
- Vanguard gathered the largest net inflows YTD with US$21.7 Bn, followed by iShares with US$13.5 Bn and SPDR ETFs with US$8.0 Bn net inflows.
- PowerShares experienced the largest net outflows in April with US$2.5 Bn.
- Direxion Shares experienced the largest net outflows YTD with US$0.6 Bn, followed by Bank of New York with US$0.3 Bn net outflows.
For further information please contact:
Deborah Fuhr
Partner
ETFGI LLP
100 Pall Mall, St James
London, SW1Y 5NQ
United Kingdom
Phone: +44 207 321 5650
Email: deborah.fuhr@etfgi.com