Research and Statistics

Release: Estimated ETF Net Issuance

Estimated ETF Net Issuance

Washington, DC; July 27, 2021—The estimated value of all exchange-traded fund1 (ETF) shares issued exceeded that of shares redeemed by $1.76 billion for the week ended July 21, 2021, the Investment Company Institute reported today. In addition to this report, ICI will also be publishing long-term mutual fund flows and a report that combines data for ETFs and mutual funds, available on the ICI website.

ETF Estimated Net Issuance
Millions of dollars

 

7/21/2021

7/14/2021

7/7/2021

6/30/2021

6/23/2021

Equity

1,353

12,182

3,563

15,860

-1,059

 

Domestic

-1,411

8,393

2,385

12,838

-3,650

 

World

2,764

3,789

1,179

3,022

2,591

Hybrid

124

177

268

236

207

Bond

1,104

3,593

1,724

8,915

2,758

 

Taxable

646

3,031

1,234

8,621

2,160

 

Municipal

458

562

490

294

598

Commodity

-822

-592

-564

-132

-305

Total

1,758

15,360

4,991

24,879

1,602

Note: Components may not add to the total because of rounding. Includes funds not registered under the Investment Company Act of 1940.

Equity ETFs2 had estimated net issuance of $1.35 billion for the week, compared to estimated net issuance of $12.18 billion in the previous week. Domestic equity ETFs had estimated negative net issuance of $1.41 billion, and world equity ETFs had estimated net issuance of $2.76 billion.

Hybrid ETFs2—which can invest in stocks and fixed-income securities—had estimated net issuance of $124 million for the week, compared to estimated net issuance of $177 million in the previous week.

Bond ETFs2 had estimated net issuance of $1.10 billion for the week, compared to estimated net issuance of $3.59 billion during the previous week. Taxable bond ETFs saw estimated net issuance of $646 million, and municipal bond ETFs had estimated net issuance of $458 million.

Commodity ETFs2—which are ETFs (both registered and not registered under the Investment Company Act of 1940) that invest primarily in commodities, currencies, and futures—had estimated negative net issuance of $822 million for the week, compared to estimated negative net issuance of $592 million during the previous week.

If you have any questions or would like to request additional comments on this or data on another topic, please contact a member of ICI’s Media Relations team at one of the email addresses above.

Notes: Weekly ETF net issuance are estimates that represent industry totals. Actual net issuance data are collected on a monthly basis and are reported in ICI’s “Monthly Exchange-Traded Fund Data”; therefore, there are differences between these weekly estimates and the monthly net issuance. Data for previous weeks may reflect revisions because of data adjustments, reclassifications, and changes in the number of ETFs reporting. Historical flow data are available on the ICI website.

ENDNOTES

1 Data for ETFs that invest primarily in other ETFs were excluded from the series.

2 ICI classifies ETFs based on language in the fund prospectus. For a detailed description of ICI classifications, please see ICI ETF Investment Objective Definitions.