Equity ETFs lead the way - Global ETF FlowWatch - September 2018 Results

Worldwide ETFs recorded US$41 billion in net flows during September 2018 amid continued expansion of the U.S. stock markets. Equity ETF products led with US$36 billion in net new money, followed by bond products accumulating US$10 billion in net flows. Meanwhile, commodity products suffered net withdrawals of US$5 billion. ETF assets climbed to US$5.24 trillion globally.

In the U.S., equity ETFs amassed US$25 billion in net flows, led by Equity US – Large Cap and Equity US – Mid/Small Cap, totaling nearly US$21 billion together. Bond ETFs accumulated US$6 billion in net new cash while commodity ETFs added a modest US$116 million in net new money.

ETFs in Europe garnered US$6 billion of inflows, mainly driven by equity products pulling in US$6 billion in net flows. European bond products saw modest inflows of US$2.2 billion which was offset by commodity products suffering US$2 billion in net redemptions. ETFs in Asia gathered US$1 billion in net new cash, bringing total ETF assets to US$512 billion as of September 2018 in the region.

Amundi Stoxx Global Artificial Int UCITS ETF C, was the largest new ETF launch in September, attracting US$133 million in net new money. The ETF seeks to replicate the STOXX AI Global Artificial Intelligence ADTV5 index which is comprised of companies that are positively exposed to the increased adoption of AI across industries. The ETF is based in Luxembourg and listed on the Euronext Paris exchange.