By ETFGI

ETFGI, an independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported Monday record assets and net inflows for ETFs and ETPs listed in the United States of US$6.60 trillion and US$523.89 billion respectively at the end of July. Net inflows of US$51.71 billion were gathered during July, bringing year-to-date net inflows to a record US$523.89 billion. Assets invested in ETFs and ETPs listed in the U.S. increased by 1.5%, from US$6.51 trillion at the end of June to US$6.60 trillion, according to ETFGI’s July 2021 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

• Record $6.60 trillion invested in ETFs and ETPs listed in US at the end of July.
• Record YTD 2021 net inflows of $523.89 Bn beating the prior record of $275.34 Bn gathered YTD 2017.
• YTD net inflows at $523.89 Bn are $34 Bn larger than the full year 2020 record $490.19 Bn in net inflows
• $788 billion in net inflows gathered in the past 12 months.
• Assets have increased 20.8% YTD in 2021, going from $5.47 trillion at end of 2020, to $6.60 trillion.
• 24th month of consecutive net inflows
• Equity ETFs and ETPs listed in the US gathered a record $360.79 Bn in YTD net inflows 2021.

“The S&P 500 gained 2.38% in July, despite concerns about a slowing economy, rising inflation and the possible impact of the COVID “delta variant.  Developed markets ex-U.S. gained 0.40% in July while emerging markets were down by 5.59% in July,” according to Deborah Fuhr, managing partner, and founder of ETFGI.

Growth in US ETF and ETP assets as of the end of July 2021

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

There were 2,633 ETFs and ETPs listed in the United States with assets of $6.60 trillion, from 207 providers listed on 3 exchanges at the end of July.

During July 2021, ETFs/ETPs gathered net inflows of $51.71 Bn. Equity ETFs/ETPs listed in US gained net inflows of $33.35 Bn over July, bringing YTD net inflows for 2021 to $360.79 Bn, much higher than the $40.81 Bn in net inflows equity products had attracted for the corresponding period through July 2020. Fixed-income ETFs/ETPs listed in US reported net inflows of $15.56 Bn during July, bringing YTD net inflows for 2021 to $100.87 Bn, lower than the

$107.86 Bn in net inflows fixed income products had attracted YTD in 2020. Commodities ETFs/ETPs reported net outflows of $1.03 Bn over July, bringing year-to-date net outflows for 2021 to $7.62 Bn, less than net inflows of $40.13 Bn commodities products had attracted over the same period last year. Active ETFs/ETPs saw net inflows of $3.35 Bn during July, bringing year-to-date net inflows for 2021 to $63.33 Bn, significantly more than the $24.95 Bn in net inflows active products had reported YTD in 2020.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $42.33 Bn during July. Vanguard Short-Term Bond ETF (BSV US) gathered $5.99 Bn the largest individual net inflow.

Top 20 ETFs by net new assets July 2021: United States

Name	Ticker	Assets (US$ Mn) July-21	NNA (US$ Mn) YTD-21	NNA (US$ Mn) July-21
Vanguard Short-Term Bond ETF	BSV US	40,535.86	11,201.79	5,991.36
Vanguard S&P 500 ETF	VOO US	243,339.08	32,054.86	5,337.55
Vanguard Total Stock Market ETF	VTI US	258,285.59	23,583.45	3,223.34
iShares TIPS Bond ETF	TIP US	31,543.15	4,438.84	2,599.66
Health Care Select Sector SPDR Fund	XLV US	32,230.40	2,491.71	2,574.19
iShares Core MSCI EAFE ETF	IEFA US	99,091.47	7,713.16	2,354.05
iShares Trust iShares ESG Aware MSCI USA ETF	ESGU US	20,827.30	4,905.20	2,005.20
KraneShares CSI China Internet ETF	KWEB US	5,114.13	3,516.61	1,913.84
Vanguard Total World Stock ETF	VT US	23,863.05	4,696.46	1,901.04
Vanguard FTSE Developed Markets ETF	VEA US	103,424.87	7,674.68	1,817.14
iShares Core S&P 500 ETF	IVV US	291,326.63	14,533.83	1,784.12
iShares Edge MSCI USA Quality Factor ETF	QUAL US	23,966.92	-1,121.38	1,623.08
Consumer Staples Select Sector SPDR Fund	XLP US	13,208.07	-612.48	1,413.63
iShares MSCI EAFE Growth ETF	EFG US	12,115.43	1,373.16	1,387.63
Vanguard Total International Bond ETF	BNDX US	44,726.55	7,835.14	1,278.34
iShares Core S&P Total U.S. Stock Market ETF	ITOT US	41,965.61	4,202.12	1,157.23
Vanguard Total International Stock Index Fund ETF	VXUS US	48,629.22	7,407.76	1,105.61
iShares Global Tech ETF	IXN US	5,617.84	-90.52	1,059.81
iShares Core MSCI Total International Stock ETF	IXUS US	30,065.31	3,009.27	909.84
Vanguard Growth ETF	VUG US	82,461.36	2,496.17	895.56

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

The top 10 ETPs by net new assets collectively gathered $292 Mn during July. The Aberdeen Standard Precious Metals Basket Trust (GLTR US) gathered $72.20 Mn the largest individual net inflow.

Top 10 ETPs by net new assets July 2021: United States

Name	Ticker	Assets (US$ Mn) July-21	NNA (US$ Mn) YTD-21	NNA (US$ Mn) July-21
Aberdeen Standard Precious Metals Basket Trust	GLTR US	1,104.63	277.36	72.20
Invesco DB US Dollar Index Bullish Fund	UUP US	473.22	99.30	44.89
Credit Suisse Silver Shares Covered Call ETN	SLVO US	294.78	270.04	43.35
SPDR Gold MiniShares Trust	GLDM US	4,506.52	631.41	26.82
Invesco DB Base Metals Fund	DBB US	424.76	200.75	24.19
MicroSectors Gold Miners 3X Leveraged ETN – Acc	GDXU US	56.58	59.64	22.96
Van Eck Merk Gold Trust	OUNZ US	502.21	77.06	19.47
Invesco CurrencyShares Japanese Yen Trust	FXY US	201.47	-31.20	17.11
iPath Shiller CAPE ETN	CAPE US	435.64	91.91	12.46
ProShares UltraShort DJ-UBS Natural Gas	KOLD US	90.63	116.21	8.68

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

Investors have tended to invest in Equity ETFs/ETPs during July.

Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.