In the 4th quarter of 2022, trading turnover in ETFs on SIX Swiss Exchange amounted to CHF 14.27 billion. It was thus down 23.41% on that of the third quarter and down by 31.02% compared to the same quarter of the previous year.
The new horizon on the equity markets led to a revival on the ETF market. Compared to the previous quarter, the number of trades increased by 5.57%. However there was still room for improvement compared to the same quarter last year, resulting in a decrease of 8.79%. These and more detailed statistics are available in the latest edition of the ETF Market Report.
Over 1,696 ETFs: More Options for Investors Than Ever Before
The number of ETFs listed on SIX Swiss Exchange increased by 25 in the 4th quarter to a total of 1,696 as of 31 December 2022. The main focus of the new listings still related to sustainability. There were also two increases in specialty funds based on megatrends. In January 2023, the threshold of 1,700 ETFs has been passed.
The asset classes of equities and bonds increased their turnover, while the asset class of commodities and the minor category of “other ETFs” reported slightly lower turnover. Equities remained the most popular category with a 66.2% share of total turnover.
The most-traded ETFs in the 4th quarter were headed unchanged by ACWIU, ACWIS, and ACWIE. All three equity ETFs are based on the MSCI ACWI, which comprises large and medium-sized companies from 23 industrialized countries and 24 emerging countries. The best performance in CHF in the third quarter was achieved by the ETF HTRY from HSBC based on the MSCI Turkey, which posted an increase of 55.46%. The turnover ranking by issuer was again led by UBS in the 4th quarter. However, its relative share decreased by 12.60% to 44%.
Interview: Industry Outlook
In addition to detailed statistics on the ETF segment of SIX Swiss Exchange, the latest market report also includes an interview with Raimund Müller Head of ETF & Index Fund Sales Switzerland and Liechtenstein at UBS. He talks about how the ETF trading landscape has evolved over the past years, what issues are currently shaping developments in the ETF sector and where he sees the ETF market in Switzerland in the near future.