Global ETFs gained net inflows of $70.35bn during April 2024

The global ETFs industry experienced a significant boost in April, with net inflows amounting to $70.35 billion, according to a report from ETF research firm ETFGI. This surge has propelled the year-to-date (YTD) net inflows to a record $467.86 billion, surpassing previous records.

This impressive performance marks the 59th consecutive month of net inflows for the global ETFs industry. The total assets under management increased by 6.1% year-to-date, reaching $12.35 trillion by the end of April 2024, up from $11.63 trillion at the close of 2023. The industry now boasts 12,238 products, with 24,518 listings from 744 providers across 80 exchanges in 63 countries.

Bond ETFs: Mastering today’s market

Equity ETFs led the charge in April, with net inflows of $28.93 billion, bringing the YTD total to $264.60 billion, a stark contrast to the $53.66 billion recorded in the same period in 2023. Fixed income ETFs saw net inflows of $16.72 billion in April, contributing to a YTD total of $78.57 billion, although this is down from $94.04 billion last year. On the other hand, commodities products faced net outflows of $2.15 billion in April, resulting in a YTD outflow of $8.53 billion, a reversal from the $2.62 billion inflows seen in 2023. Active ETFs attracted net inflows of $25.75 billion in April, with a YTD total of $97.56 billion, more than double the $44.48 billion recorded last year.

The top 20 ETFs by net new assets collectively gathered $40.12 billion in April. Leading the pack was the Vanguard S&P 500 ETF (VOO US), which alone accumulated $7.62 billion in net inflows. Similarly, the top 10 ETPs by net new assets collected a combined $1.72 billion, with Hana Securities Hana CD Interest Rate Investment ETN 26 (70026 KS) attracting the highest individual net inflow of $326.73 million.

Europe’s ETF industry set for record year

This surge in inflows highlights the growing investor confidence in ETFs as versatile and resilient investment vehicles amid fluctuating global markets.

“The S&P 500 index decreased by 4.08% in April but is up by 6.04% YTD in 2024. The developed markets excluding the US index decreased by 2.74% in April but is up 2.38% YTD in 2024. Luxembourg and Israel saw the largest decreases amongst the developed markets in April. The emerging markets index increased by 1.64% during April but is up 3.75% YTD in 2024. Turkey and China saw the largest increases amongst emerging markets in April,” according to Deborah Fuhr, managing partner, founder and owner of ETFGI.

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST