Top five fastest growing ETFs

A commodity and two worldwide equity products are among the fastest growing ETFs of the past five years.

The Source Bloomberg Commodity Ucits ETF, launched on January 16, was the fastest growing ETF in Europe within one month of launch.

Source’s ETF had raised over $925 million (€873 million), as at February 6.

Source provided names of the five fastest growers using Bloomberg data to measure inflows for European ETFs after one month of existence. All funds were launched in the past five years.

The full top five were:

  • Source Bloomberg Commodity Ucits ETF
  • Lyxor Ucits ETF Smart Cash C-EUR
  • HSBC ESI Worldwide Equity Ucits ETF
  • HSBC Worldwide Equity Ucits ETF
  • iShares OMX Stockholm Capped Ucits ETF

Chris Mellor, executive director, product management at Source, said pricing and simplicity were behind the success of the commodity ETF.

“Prior to this launch the lowest cost ETF tracking a first generation commodity index had an ongoing charge of 0.35% and a total cost of 0.75% per annum, almost twice as much as our new fund,” he said. The Source ETF has a total cost of 0.40%.

©2017 funds europe

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