Where did ETF inflows go in September?
Betashares has shared the top 10 ETFs which saw the largest inflows in September.
In the firm’s monthly ETF update, it said international equities received $1.6 billion which was more than triple the volume of flows seen in the second-highest asset class.
Breaking it down further, international equities – developed world saw $907 million in inflows, and international equities – US gained $381 million.
This is the fourth month that international equities have seen inflows of more than $1 billion, having seen $1.4 billion in August, $1.6 billion in July, and $1.2 billion in June.
This was followed by $496 million which went into fixed income, primarily Australian bonds, and $331 million in Australian equities.
Total assets in ETFs now stand at $226.9 billion, having seen growth of $70.8 billion over the last 12 months. During the month, it saw overall inflows of $2.8 billion which was a slight decline after seeing inflows exceeding $3 billion in July and August.
The fund with the largest volume of flows during the month was Vanguard MSCI Index International Shares ETF which received $238.6 million and now fits at $8.9 billion.
However, the fund is still overshadowed in terms of assets by another rival Vanguard fund, which is the Vanguard MSCI Index International Shares ETF that sits at $16.8 billion in overall assets.
The other international equity ETFs which saw large inflows were VanEck MSCI World Ex-Australia Quality ETF, Betashares Global Shares ETF, Vanguard MSCI Index International Shares (Hedged) ETF, Betashares Global Shares Currency Hedged ETF, and VanEck MSCI World Ex-Australia Quality (Hedged) ETF.
Only one fixed income ETF was featured on the list this month – the Vanguard Global Aggregate Bond Index (Hedged) ETF.
The ETF provider said none from any of the categories recorded major net outflows during the month.
The ETFs with the largest inflows were:
| ETF | Inflows |
| Vanguard MSCI Index International Shares ETF | $238.6 million |
| VanEck MSCI World Ex-Australia Quality ETF | $194.3 million |
| Betashares Australia 200 ETF | $140.7 million |
| iShares S&P 500 ETF | $129.1 million |
| Betashares Global Shares ETF | $124.6 million |
| Global X Physical Gold | $111.1 million |
| Vanguard MSCI Index International Shares (Hedged) ETF | $86.6 million |
| Betashares Global Shares Currency Hedged ETF | $86.1 million |
| Vanguard Global Aggregate Bond Index (Hedged) ETF | $84 million |
| VanEck MSCI World Ex-Australia Quality (Hedged) ETF | $83.4 million |
Source: Betashares, October 2024
AUTHOR
Laura Dew
Recommended for you
The chief executive of Pacific Current Group has told its shareholders that the firm is “flush with cash” after numerous divestments and is planning an estimated $300 million off-market buyback.
ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator.
Almost three-quarters of asset management chief executives globally are worried a lack of talent will negatively impact their growth, according to KPMG.
International equity ETFs continue to encompass the lion’s share of the broader Australian ETF industry’s growth, with the segment accounting for 60 per cent of quarterly flows in Q3.
