Global ETF FlowWatch - July 2020

ETF net flows worldwide surged with US$69 billion in net new money during July 2020 amid broad recovery in the market. Bond ETFs led with nearly US$35 billion in net flows, followed by equity and commodity ETFs gathering almost US$23 billion and US$12 billion, respectively. Aggregate ETF assets rose to a record high of US$6.669 trillion by the end of July 2020.

In the U.S., bond ETF products accumulated US$23 billion of net flows, mainly pushed by Bond North America garnering US$14 billion in net new cash. Equity and commodity ETFs each took in approximately US$6 billion in net subscriptions.

ETFs in Europe amassed US$16 billion of net flows, primarily driven by equity and bond ETF products which accumulated an aggregate of US$15 billion. European commodity ETFs took in nearly US$2 billion in net new money. ETFs in Asia accumulated US$13 billion of net flows, mainly pushed by Equity Japan attracting US$6 billion in net new cash. Meanwhile, bond and commodity ETFs in Asia each took in US$3 billion in net new money.

E Fund CSI Artificial Intelligence Index ETF was the largest ETF new launch in July 2020 and brought in US$878 million in net new flows. The ETF tracks the CSI Artificial Intelligence Index.