ETFs, ETPs Add $152 Billion in Net Assets During First Half of 2015

Investing

Published: July 8, 2015 9:20 am

Last Updated: April 27, 2020 8:52 pm

Globally listed exchange traded funds (ETFs) and exchange traded products (ETPs) added $152 billion in net new assets during the first half of 2015, bringing total assets in the 11,295 listed funds to a total of $2.971 trillion. The increase is the largest on record, surpassing the $130 billion in net new assets added in the first half of last year.

U.S. listed ETFs and ETPs added $103 billion in net new assets, also breaking the earlier record of $76 billion in additions for the first half of 2012. European listed funds and other products added $40 billion in net new assets, beating the previous record of $32 billion in the first half of last year. The data were reported Tuesday by ETFGI, a London-based independent research and consultancy firm.

Equity ETFs and ETPs gathered the largest net inflows in the year to date, with $101.7 billion, followed by fixed income ETFs and ETPs, which added net inflows of $35.4 billion, and commodity ETFs and ETPs with net inflows of $4.2 billion.

In the first half of 2015, iShares gathered the largest net ETF and ETP inflows, with $52.1 billion, followed by Vanguard with $44.8 billion, WisdomTree with $20.3 billion and DB/x-trackers with $19.1 billion in net inflows.

iShares and Vanguard tied in gathering the largest net ETF and ETP inflows in the month of June, with $8.1 billion, followed Yuanta with $3.3 billion in net inflows.

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Deborah Fuhr, managing partner at ETFGI, noted:

June was a difficult month for most markets around the world. The S&P 500 index ended June down 2% for the month and finished the first half of 2015 up 1%. Market performance … was impacted by a number of uncertainties in the first half of 2015: the situation in Greece and the impact on the Eurozone, when the Fed will raise interest rates, volatility in the Chinese market and the MERS outbreak in South Korea.

According to research at State Street Global Advisors, investors put about $2 billion in both financial and health care sector ETFs in June and withdrew more than $495 million from real estate and utilities funds.