ETP Products Market Continues to Climb

by ETFguide | May 16, 2012 8:08 pm

The assets invested in exchange-traded products (ETP) including both ETFs and ETNs rose by 6% at the end of April 2012 from the previous year to $1.2 trillion, according to the ETF Industry Association.

ETP net cash inflows added up to approximately $3.0 billion for the month of April 2012. Since the start of this year, 2012 net cash inflows are near $58.9 billion.

Bond funds like the iShares Barclays Aggregate Bond Fund (NYSE:AGG[1]) and the iShares iBoxx High Yield Corporate Bond Fund (NYSE:HYG[2]) continue to lead the fixed income category, which has raked in $21.3 billion since the beginning of the year. AGG has gained 1.6% while HYG is ahead by 2.65% year-to-date through the market close of May 15. Also, April was the 16th straight month of positive net flows in bond ETFs.

The Vanguard MSCI Emerging Markets ETF (NYSE:VWO[3]) is this year’s most popular ETF in terms of cash flow and has gathered just over $7 billion in assets. VWO has gained 2.25% year-to-date.

The number of U.S. listed ETPs increased by 20% over the past year and ended April at 1,458 products.

The top three U.S. ETF providers by assets under management at the end of April were Blackrock (NYSE:BLK[4]) with $498 billion, SSgA (NYSE:SSG[5]) with $292 billion, and Vanguard $207 billion.

Vanguard led all ETF providers in net cash flow for the month of April by taking in $4.36 billion.

  1. AGG:
  2. HYG:
  3. VWO:
  4. BLK:
  5. SSG:

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