Mike Brown from etfSA publishes a report on the Exchange Traded Product (ETP) industry every quarter and the year end report for 2024 just landed and here are some of our highlights.
The market cap of the ETP industry has jumped, helped by new issues and of course a strong markets. But even at R225million this is a small industry with the likes of Coronation having almost that in assets on their own. That said the ETP market cap has tripled in the last decade, so no complaints.
ETP market cap December 2024
In terms of the number of ETPs we saw ETFs shrink as Satrix closed a few of the ETFs they got when they too over much of the Absa business. Some growth in ETNs and AMCs with Actively Managed ETFs showing the biggest growth and I expected this trend to continue.
ETP detail breakdown December 2024
In terms of size of the issuers Satrix is way ahead after the Absa acquisition while UBS lets in the AMC space. Actively managed ETFs have seen their numbers grow but market cap remains small for now as investors digest this relatively new product?
Issuer details December 2024
The ten largest ETPs are lead by NewGold* and aside from the Satrix and 1nvest Top40* ETFs they’re all referencing either offshore or commodities.
Largest ETPs December 2024
ETF blog
At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.
