Global ETF FlowWatch highlights - November 2021
/Worldwide ETFs recorded US$69 billion in net flows during November 2021 amid robust investment activity. Equity ETFs led with US$54 billion in net new money, followed by bond ETFs accumulating US$11 billion in net flows. Commodity ETF products trailed behind with US$4 billion in net flows. Global ETF assets dropped slightly to US$9.83 trillion as of November 2021.
In the U.S., equity ETF vehicles amassed US$38 billion in net new cash, primarily driven by Equity US - Large Cap accumulating US$21 billion in net subscriptions. Bond ETFs gathered $6 billion in net new money and commodity ETFs took in US$3 billion in net new cash.
ETFs in Europe gained US$13 billion in net flows, mainly driven by equity and bond ETFs which garnered an aggregate of US$12 billion. Commodity ETFs, on the other hand, trailed behind with US$400 million in net flows. In Asia, equity ETFs received US$3.5 billion in net new cash, followed by bond ETF investments gathering US$600 million in net flows. Meanwhile, commodity ETF products experienced net redemptions of US$380 million. As of November 2021, ETF assets in Europe and Asia stood at US$1.5 and US$1 trillion, respectively.
ChinaAMC MSCI China A 50 Connect Index ETF was the largest new ETF launch in November 2021, attracting US$1 billion in net flows. The ETF seeks to track the MSCI China A 50 Connect CNY Index.
