ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported that ETFGI reports the ETFs industry in the United States gathered net inflows of 44.05 billion US dollars in June, bringing year-to-date net inflows to US$307.49 billion. During the month, assets invested in US ETF/ETP industry decreased by 6.6%, from US$6.62 trillion at the end of May to US$6.18 trillion, according to ETFGI’s June 2022 US 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 $44.05 billion in June 2022.
- Net inflows of $307.49 Bn are the second highest on record in H1 2022, after net inflows of
- $472.18 Bn in H1 2021.
- Assets of $6.18 Tn invested in ETFs and ETPs listed in US at the end of H1 2022.
- Assets decreased 14.3% in H1 2022, going from $7.21 Tn at end of 2021 to $6.18 Tn.
- $755.08 Bn in net inflows gathered in the past 12 months.
- Equity ETFs and ETPs listed in the US gathered net inflows of $158.73 Bn in H1 2022 are the second highest on record after net inflows of $327.43 Bn in H1 2021.
“The S&P 500 decreased by 8.25% in June and are down by 19.96% in the first half of 2022. Developed markets excluding the US decreased by 9.94% in June and are down 20.09% in H1 2022. Luxembourg (down 20.27%) and Korea (down 17.54%) saw the largest decreases amongst the developed markets in June, while Hong Kong (up 1.40%) saw the largest increase. Emerging markets decreased by 5.19% during June and are down 16.12% in H1 2022. Colombia (down 24.12%) and Brazil (down 20.14%) saw the largest decreases amongst emerging markets in June, while China (up 6.53%) saw the largest increase.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
At the end of June 2022, the US ETFs industry had 2,970 products, assets of $6.18 Tn, from 254 providers on 3 exchanges.
During June, ETFs/ETPs gathered net inflows of $44.05 Bn. Equity ETFs/ETPs gathered net inflows of $26.86 Bn over June, bringing YTD net inflows to $158.73 Bn, lower than the $327.43 Bn in net inflows equity products had attracted at this point in 2021. Fixed income ETFs/ETPs had net inflows of $5.38 Bn during June, bringing net inflows for the year through June 2022 to $66.03 Bn, lower than the $85.31 Bn in net inflows fixed income products had attracted by the end of June 2021. Commodities ETFs/ETPs reported net outflows of $2.22 Bn during June, bringing YTD net inflows to $10.08 Bn, higher than the $6.59 Bn in net outflows commodities products had reported year to date in 2021. Active ETFs/ETPs attracted net inflows of $10.47 Bn over the month, gathering net inflows for the year in the US of $53.67 Bn, lower than the $60.00 Bn in net inflows active products had reported by the end of June 2021.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $42.49 Bn during June. Vanguard S&P 500 ETF (VOO US) gathered $6.91 Bn, the largest individual net inflow.
Source: ETFGI