In the 3rd quarter of 2022, trading turnover in ETFs on SIX Swiss Exchange amounted to CHF 18.63 billion. It was thus down 29.59% on that of the second quarter, but up by 16.78% compared to the same quarter of the previous year.
Trading on the ETF market could not entirely escape the effects of the persistently weak financial markets. Compared to the previous quarter, the number of trades fell by 19.87%. Compared to the same quarter of the previous year, however, there was an decrease of 12.48%.
These and more detailed statistics are available in the latest edition of the ETF Market Report.
Over 1,670 ETFs: More Options for Investors Than Ever Before
The number of ETFs listed on SIX Swiss Exchange increased by 53 in the third quarter to a total of 1,677 as of 30 September 2022. The main focus of the new listings still related to sustainability. In addition, new theme funds were launched by various providers.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 78.17% share of total turnover.
The most-traded ETFs in the third quarter were 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 turnover ranking by issuer was again led by UBS in the third quarter. Its relative share increased by 6.79% to 56.59%.
The best performance in CHF in the third quarter was achieved by the ETF UBS ETF PALLADIUM (PLUSA) (up 21.21%).
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 Philipp Schlegel, Managing Director at VanEck Switzerland and Co-Head Sales EMEA. 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.