Net inflows into US-listed exchange-traded funds and exchange-traded products totalled $28.0bn in July, bringing year-to-date flows to $275.4bn, more than double the net inflows of $112.2bn accumulated at this point last year and just shy of the $278.7bn gathered in all of 2016. According to data from ETF industry consultant ETFGI, July’s net inflows marked the 17th consecutive month of positive net new assets for the region.
Equity ETFs/ETPs saw net inflows of $20.5bn in July, bringing YTD net inflows to $194.7bn, which is significantly greater than the net inflows of $30.3bn over the same period last year and the $173.2bn gathered in all of 2016.
Fixed income ETFs/ETPs experienced net inflows of $11.1bn in July, growing YTD net inflows to $73.0bn, which is greater than the same period last year which saw net inflows of $53.9bn.
Commodity ETFs/ETPs saw net outflows of $3.9bn in July. YTD, net outflows are at $3.4bn, below the net inflows of $19.bn gathered over the same period last year.
iShares gathered the largest net ETF/ETP inflows in July with $14.3bn, followed by Vanguard with $8.8bn and SPDR ETFs with $2.6bn.
YTD, iShares gathered the largest net ETF/ETP inflows with $133.1bn, followed by Vanguard with $86.0bn and Schwab ETFs with $15.3bn.
At the end of July 2017, the US ETF/ETP industry had 2,038 ETFs/ETPs, with 2,038 listings from 114 providers listed on three exchanges.