Global ETF FlowWatch July 2021
/Worldwide ETFs accumulated US$69 billion in net flows during July 2021 amid continued expansion of the stock market. Equity ETFs led with US$45 billion in net new money, followed by bond ETFs with US$22 billion in net flows. Commodity ETF products trailed behind with $3 billion in net flows. Global ETF assets continued to rise to a record high of US$9.417 trillion.
In the U.S., equity ETF vehicles garnered US$30 billion in net new cash, mainly pushed by Equity US - Large Cap attracting US$17 billion in net flows. Bond ETFs gathered US$15 billion in net new money and commodity ETFs took in US$300 million in net subscriptions.
ETFs in Europe recorded US$13 billion in net flows, primarily driven by equity and bond ETF investments which accumulated an aggregate US$12 billion in net new money. Commodity ETF investments accounted for the remaining US$1 billion in net flows. In Asia, equity ETFs received US$6 billion in net new cash followed by commodity ETF products gathering US$470 million. This, however, was offset by bond ETFs suffering US$400 million in net redemptions.
ChinaAMC CSI China Mainland Low Carbon Economy Index ETF was the largest new ETF launch in July 2021, attracting US$450 million in net flows.