Commodity ETFs and ETPs saw net outflows of $6.7 billion. Precious metals ETFs/ETPs experienced the majority of these outflows with $6.3 billion net outflows, of which $6.0 billion left products tracking gold.
In May Vanguard, Daiwa and SPDR ETFs received the largest net new assets with $4.5 billion, $4.4 billion and $4.4 billion in net inflows respectively, followed by Wisdom Tree with $3.1 billion net inflows.
“Net inflows into ETFs providing exposure to Japan during May elevated Daiwa and WisdomTree into the top 4 firms out of 211 ranked by net inflows,” according to Deborah Fuhr, Managing Partner at ETFGI.
iShares remains the largest ETF and ETP provider with assets of $820 billion, reflecting 38.4% market share but ranked 5th in terms of net inflows in May with $2.4 billion; SPDRs is the second largest provider with $365 billion and 17.1% market share, followed by Vanguard with $290 billion and 13.6% market share. PowerShares is fourth placed with $74 billion and 3.5% market share, followed by db x-trackers/db ETCs with $69 billion. The top five ETF and ETP providers, out of 211, account for 76% of global ETF and ETP assets.
S&P Dow Jones has the largest amount of ETF and ETP assets tracking its benchmarks with $573 billion, reflecting 26.9% market share; MSCI is second with $340 billion and 16.0% market share, followed by Barclays with $194 billion and 9.1% market share.
ETFGI is a wholly independent research and consultancy firm focused the global exchange traded fund and exchange traded product industry.