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ETFs, ETPs Pass $5 Trillion With Record January Net New Assets

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Assets invested in exchange-traded funds and products list globally burst through the $5 trillion milestone in January, ending the month at $5.2 trillion, ETFGI reported Friday.

This represented a record 6.5% month-on-month increase, or $313 billion, to pass the previous record of $4.8 trillion set in December.

ETFGI said the new record was achieved on the eve of the 25th anniversary of the listing of the first ETF in the U.S., the SPDR S&P 500 ETF (SPY), on Jan. 22, 1993. At the end of January, SPY accounted for assets of $307 billion.

January also marked the 48th consecutive month of net inflows into funds and products listed globally, with $106 billion gathered during the month, 68.6% more than net inflows at this point last year.

Source: ETFGI

ETFGI said the bulk of these flows went to the top 10 ETFs by net new assets, which collectively gathered $62.6 billion. Here are the top 10, with January total assets and net new assets:

  • SPDR S&P 500 ETF (SPY) – $307 billion / $19.8 billion
  • iShares Core S&P 500 ETF (IVV) – $155 billion / $7.2 billion
  • iShares Core MSCI EAFE ETF (IEFA) – $50 billion / $6.5 billion
  • iShares MSCI Emerging Markets ETF (IEMG) – $50 billion/ $3.2 billion
  • iShares MSCI Japan ETF (EWJ) – $22 billion / $2.4 billion
  • Vanguard S&P 500 ETF (VOO) – $91 billion / $2.4 billion
  • TOPIX Exchange Traded Fund (1306) – $65 billion / $1.9 billion
  • iShares JP Morgan USD Emerging Markets Bond ETF (EMB) – $14 billion / $1.9 billion
  • Industrial Select Sector SPDR ETF (XLI) – $25 billion / $1.8 billion
  • SPDR Dow Jones Industrial Average ETF (DIA) – $25 billion / $1.5 billion

Similarly, the top 10 ETPs by net new assets collectively gathered $3.6 billion in January. The top five, with total assets and inflows:

  • ProShares Short VIX Short-Term Futures (SVXY) – $1.6 billion / $920 million
  • iShares Gold Trust (IAU) – $11 billion / $767 million
  • VelocityShares Daily Inverse VIX Short Term ETN (XIV) – $$1.9 billion / $744 million
  • VelocityShares Daily 3x Inverse Natural Gas ETN (DGAZ) – $530 million / $394 million
  • SPDR Gold Shares (GLD) – $36 billion / $179 million

ETFGI reported that equity ETFs/ETPs listed globally gathered net inflows of $87.7 billion in January, and increase of 7.5% from December, while fixed income ETFs/ETPs saw net inflows of $11.6 billion, up 1.7% from the previous month.

It said investors in January tended to invest in core, market cap and lower cost ETFs.

— Check out New Data on Mutual Fund Families May Surprise Advisors on ThinkAdvisor.


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