Equity ETFs lead new money - Global ETF FlowWatch - November 2019 Results

Worldwide ETFs recorded US$73 billion in net flows during November 2019. Equity ETFs led with US$54 billion in net new money, followed by bond ETFs with US$20 billion of net flows. On the other hand, commodity ETFs suffered nearly US$2 billion in net redemptions. Global ETFs set a record high of US$6.087 trillion as of November 2019.

In the U.S., equity ETFs amassed US$35 billion of net flows, while bond ETF products gathered US$10 billion in net new cash. Meanwhile, commodity ETF products experienced net redemptions of US$1 billion. Equity US – Large-cap was the best-selling category, leading with almost US$14 billion of inflows.

ETFs in Europe garnered US$15 billion of net flows, mainly driven by equity products accumulating US$12 billion in net subscriptions. ETFs in Asia accumulated US$9 billion in net new cash, primarily pushed by equity and bond ETF products accumulating inflows of nearly US$5 billion each. This, however, was slightly offset by commodity ETF products enduring roughly US$1 billion in net redemptions.

HFT SSE 5-Year Local Government Bond Index ETF Fund was the largest new fund launch in November, amassing US$1.6 billion worth of assets. The ETF tracks the SSE 5-Year Local Government Bond Index and is domiciled in China.