Exchange-Traded Fund Assets
November 2007Washington, DC, December 28, 2007 - The combined assets of the nation's exchange-traded funds (ETFs) were $572.12 billion in November, according to ICI. The Institute's monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds. Statistics contained in the Institute's monthly ETF report have been obtained from information provided to ICI by exchange-traded funds and commodity funds. Commodity funds are listed in the Domestic (Sector/Industry) category. A detailed breakdown of the monthly ETF data is available on our website at http://members.ici.org/stats/etfdata.xls
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Assets of Exchange-Traded Funds by Type
(millions of dollars) |
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November 2007 |
October 2007 |
December 2006 |
Total Domestic Equity Index |
363,299 |
373,388 |
290,842 |
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Domestic (Broad-based) |
276,672 |
286,227 |
232,487 |
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Domestic (Sector/Industry) |
86,627 |
87,161 |
58,355 |
Global/International Equity Index |
175,774 |
183,666 |
111,194 |
Hybrid Index |
111 |
93 |
-* |
Bond Index |
32,940 |
31,031 |
20,514 |
All |
572,124 |
588,177 |
422,550 | * Hybrid Index funds are a new product with the first funds launched in October 2007.
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Value of Shares Issued and Redeemed by All Exchange-Traded Funds
(millions of dollars) |
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November 2007 |
October 2007 |
Y-T-D 2007 |
Y-T-D 2006 |
Gross Issuance |
105,917 |
98,887 |
913,140 |
404,156 |
Gross Redemptions |
97,175 |
81,349 |
807,002 |
339,423 |
Net Issuance |
8,742 |
17,538 |
106,138 |
64,733 |
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Number of Exchange-Traded Funds by Type |
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November 2007 |
October 2007 |
December 2006 |
Total Domestic Equity Index |
411 |
401 |
268 |
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Domestic (Broad-Based) |
193 |
187 |
133 |
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Domestic (Sector/Industry) |
218 |
214 |
135 |
Global/International Equity Index |
151 |
137 |
85 |
Hybrid Index |
5 |
5 |
-* |
Bond Index |
46 |
43 |
6 |
All |
613 |
586 |
359 | * Hybrid Index funds are a new product with the first funds launched in October 2007. Highlights: Assets of all exchange-traded funds fell in November by $16.05 billion, or 2.7 percent, to $572.12 billion. Over the past 12 months, ETF assets increased $161.05 billion, or 39.2 percent. Assets in domestic equity ETFs increased $74.69 billion since November 2006, and global equity ETFs assets rose $73.56 billion during this period. Assets of bond index funds were $32.94 billion and hybrid index funds were $111 million. During November, the value of all ETF shares issued exceeded that of shares redeemed by $8.74 billion. So far this year, ETFs experienced a net issuance of $106.14 billion.
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