ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports during April the global ETFs industry gathered US$70.35 billion in net inflows, bringing year to date net inflows to a record US$467.86 billion, according to ETFGI’s April 2024 global 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
- Global ETFs industry gathered net inflows of $70.35 Bn during April.
- YTD net inflows of $467.86 Bn is the highest on record, while the second highest recorded YTD net inflows was of $464.20 Bn in 2021 and the third highest recorded YTD net inflows of 337.32 Bn in 2022.
- 59th month of consecutive net inflows.
- Assets of $12.35 Tn invested in the global ETFs industry at the end of April 2024
- Assets increased 6.1% YTD in 2024, going from $11.63 Tn at end of 2023 to $12.35 Tn.
“The S&P 500 index decreased by 4.08% in April but is up by 6.04% YTD in 2024. The developed markets excluding the US index decreased by 2.74% in April but is up 2.38% YTD in 2024. Luxembourg (down 9.04%) and Israel (down 6.46%) saw the largest decreases amongst the developed markets in April. The emerging markets index increased by 1.64% during April but is up 3.75% YTD in 2024. Turkey (up 11.24%) and China (up 5.92%) saw the largest increases amongst emerging markets in April”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Growth in assets invested in the Global ETFs industry as of the end of April
At the end of April, the Global ETFs industry had 12,238 products, with 24,518 listings, assets of $12.35 Tn, from 744 providers listed on 80 exchanges in 63 countries.
During April, the industry gathered net inflows of $70.35 Bn. Equity ETFs reported net inflows of $28.93 Bn for the month, bringing YTD net inflows to $264.60 Bn, significantly higher than the $53.66 Bn in net inflows YTD in 2023. Fixed income ETFs gathered net inflows of $16.72 Bn during April, bringing YTD net inflows to $78.57 Bn, lower than the $94.04 Bn in net inflows YTD in 2023.
Commodities products reported net outflows of $2.15 Bn during April, bringing YTD net outflows to $8.53 Bn, lower than the $2.62 Bn in net inflows YTD in 2023. Active ETFs attracted net inflows of $25.75 Bn during the month, gathering YTD net inflows of $97.56 Bn, higher than the $44.48 Bn in net inflows YTD in 2023.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $40.12 Bn during April. Vanguard S&P 500 ETF (VOO US) gathered $7.62 Bn, the largest individual net inflow.
Source: ETFGI
