Global ETF FlowWatch - June 2020

Worldwide ETFs recorded US$56 billion in net flows during June 2020. Bond ETFs led with US$36 billion in net new money, followed by equity and commodity ETF products garnering $16 billion and $4 billion, respectively. Global ETF assets rose to US$6.307 trillion as of June 2020. 

In the U.S., bond ETFs accumulated US$24 billion of net flows, while equity ETF products took in US$9 billion in net new cash. Notably, Bond North America was the best-selling category and led with nearly US$20 billion of inflows. Meanwhile, commodity ETF products received US$5 billion in net new money. 

ETFs in Europe garnered US$14 billion of net flows, mainly driven by bond and equity ETF vehicles which accumulated an aggregate of US$14 billion. European commodity ETFs suffered US$0.3 billion in net redemptions. ETFs in Asia accumulated US$0.6 billion in net new money, primarily pushed by bond and equity ETFs gathering US$1.3 billion and US$0.3 billion, respectively. This, however, was offset by commodity ETF products suffering US$1 billion in net redemptions. 

Yuanta Glo NexGen Communication Innov Techno ETF was the largest new ETF launch in June 2020, amassing US$515 million in net new money. The ETF is domiciled in Taiwan and seeks to track the performance of the iSTOXX Global NextGen Communication Innovative Technology Index.