Assets Invested in U.S. ETFs/ETPs Reach Record $4.42 Trillion At End of 2019

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ETFs/ETPs listed in US attracted $56.15 billion in net inflows with Equity products dominating Fixed Income.

Source: Nasdaq

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in United States gained net inflows of US$56.15 billion during December, bringing year-to-date net inflows to US$330.24 billion. Assets invested in the US ETFs/ETPs industry have increased by 3.3%, from US$4.28 trillion at the end of November, to $4.42 trillion, and 30.4% during 2019, according to ETFGI’s December 2019 US ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

“Renewed optimism with easing trade tensions and accommodation from the U.S. Federal Reserve helped the S&P 500 gained 3.0% during December to close the year up 31.5%. The S&P Developed ex-U.S. BMI gained 3.7% during the month, concluding 2019 up 22.8%. The S&P Global BMI ended December and the year with favorable gains, up 3.6% and 26.8%, respectively. According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

At the end of December 2019, the US ETFs/ETPs industry had 2,361 ETFs/ETPs, from 155 providers on 3 exchanges.

During December 2019, ETFs/ETPs gathered net inflows of $56.15 billion. Equity ETFs/ETPs listed in US gathered net inflows of $41.93 billion during December, bringing YTD net inflows for 2019 to $166.78 billion, less than the $207.67 billion in net inflows Equity products had attracted in 2018. Fixed Income ETFs/ETPs listed in US attracted net inflows of $11.87 billion during December, bringing YTD net inflows for 2019 to $129.32 billion, substantially more than the $75.25 billion in net inflows in 2018. Commodity ETFs/ETPs reported outflows of $181 million, bringing the YTD net inflows to $8.20 billion for 2019, which is significantly greater than the $1.33 billion in net outflows for 2018.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $35.22 billion at the end of December, the SPDR S&P 500 ETF Trust (SPY US) gathered $13.43 billion alone.

The top 10 ETPs by net new assets collectively gathered $670.93 million at the end of December. The Velocity Shares Daily 3x Long Natural Gas ETN (UGAZ US) gathered $164.76 million alone.

Investors have tended to invest in Equity and Fixed Income ETFs.