ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reported today that assets invested in the ETFs industry globally reached a new record of US$17.85 trillion at the end of August. During August, the ETFs industry globally gathered net inflows of US$183.04 billion, bringing year-to-date net inflows to a record US$1.27 trillion, according to ETFGI's August 2025 Global ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)
Global ETF Industry Highlights – August Month-End
- Record AUM: Assets invested in ETFs globally reached a new all-time high of US$17.85 trillion at the end of August, surpassing the previous record of US$17.34 trillion set in July 2025.
- Strong YTD Growth: Assets have grown 20.2% year-to-date, rising from US$14.85 trillion at the end of 2024.
- Robust Inflows: August saw US$183.04 billion in net inflows.
- Historic YTD Inflows: Year-to-date net inflows of US$1.27 trillion mark the highest on record, exceeding the previous highs of US$1.07 trillion in 2024 and US$833.40 billion in 2021.
- 12-Month Momentum: Over the past 12 months, ETFs have gathered US$2.08 trillion in net inflows.
- Consistent Growth: August marked the 75th consecutive month of net inflows.
- The Global ETFs industry has 14,662 products, with 29,050 listings, assets of $17.85 Tn, from 896 providers on 81 exchanges in 63 countries.
- iShares remains the largest ETF provider globally, with US$5.06 trillion in assets under management, representing a 28.3% market share. Vanguard ranks second with US$3.87 trillion and a 21.7% share. SPDR ETFs follows in third place with US$1.82 trillion, accounting for 10.2% of the market. Together, these top three providers—out of a total of 896—control 60.2% of global ETF assets. The remaining 893 providers each hold less than 5% market share individually.
“The S&P 500 index rose 2.03% in August, bringing its year-to-date gain to 10.79%. Developed markets excluding the US index advanced 4.29% during the month, and are now up 24.56% year-to-date. Among developed markets, Denmark (+6.37%) and Japan (+6.24%) experienced the largest declines in August. Emerging markets index posted a 2.48% gain in August, with year-to-date performance reaching +16.04%. Chile (+9.63%) and Brazil (+8.46%) led the gains among emerging markets during the month,” according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Growth in assets in the Global ETFs industry as of the end of August
Global ETFs industry Net Asset Flows – end of August 2025
Total Net Inflows: ETFs globally gathered US$183.04 billion in net inflows during August.
Equity ETFs: Attracted US$75.25 billion in net inflows for the month, bringing year-to-date (YTD) inflows to US$553.06 billion—slightly below the US$590.37 billion recorded by this point in 2024.
Fixed Income ETFs: Reported US$48.43 billion in August inflows, pushing YTD inflows to US$264.87 billion, ahead of the US$221.89 billion gathered by the end of August 2024.
Commodities ETFs: Saw US$7.68 billion in net inflows during August, with YTD inflows reaching US$52.64 billion, a sharp reversal from the US$1.29 billion in net outflows reported YTD in 2024.
Active ETFs: Drew US$53.39 billion in net inflows in August, bringing YTD inflows to US$377.13 billion, significantly higher than the US$212.63 billion recorded YTD in 2024.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $58.27 Bn during August. Vanguard S&P 500 ETF (VOO US) gathered $9.17 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets August 2025: Global
Name |
|
Ticker |
Assets |
NNA |
NNA |
Vanguard S&P 500 ETF |
|
VOO US |
734,246.24 |
81,044.84 |
9,172.44 |
iShares Core S&P 500 ETF |
|
IVV US |
652,636.25 |
16,626.22 |
4,763.14 |
Vanguard Short-Term Corporate Bond ETF |
|
VCSH US |
39,349.38 |
3,860.81 |
4,150.07 |
iShares iBoxx $ Investment Grade Corporate Bond ETF |
|
LQD US |
30,241.75 |
459.65 |
3,549.68 |
iShares 0-3 Month Treasury Bond ETF |
|
SGOV US |
55,317.64 |
25,368.09 |
3,534.47 |
iShares Ethereum Trust |
|
ETHA US |
16,418.72 |
9,600.06 |
3,382.44 |
SPDR Portfolio S&P 500 ETF |
|
SPLG US |
83,856.10 |
22,856.97 |
3,042.64 |
Vanguard Intermediate-Term Corporate Bond ETF |
|
VCIT US |
57,273.69 |
6,577.19 |
2,921.48 |
SPDR Gold Shares |
|
GLD US |
105,640.32 |
10,949.00 |
2,577.33 |
Bosera CSI Convertible Bond and Exchangeable Bond ETF |
|
511380 CH |
8,975.02 |
2,828.02 |
2,374.86 |
Invesco Nasdaq 100 ETF |
|
QQQM US |
58,797.73 |
13,934.24 |
2,217.33 |
Vanguard Total Bond Market ETF |
|
BND US |
135,819.57 |
11,521.02 |
2,119.14 |
Vanguard Total Stock Market ETF |
|
VTI US |
523,580.36 |
23,944.58 |
2,013.10 |
Vanguard FTSE Developed Markets ETF |
|
VEA US |
172,363.19 |
8,169.02 |
1,996.59 |
Capital Group Municipal High-Income ETF |
|
CGHM US |
2,109.61 |
2,023.36 |
1,870.13 |
Janus Henderson AAA CLO ETF |
|
JAAA US |
25,049.18 |
8,407.83 |
1,815.24 |
Fullgoal CSI Hong Kong Connect Internet ETF |
|
159792 CH |
10,605.15 |
5,808.86 |
1,755.36 |
iShares Core MSCI EAFE ETF |
|
IEFA US |
149,481.18 |
6,077.28 |
1,749.16 |
Vanguard Growth ETF |
|
VUG US |
186,428.40 |
10,447.94 |
1,666.90 |
iShares Core U.S. Aggregate Bond ETF |
|
AGG US |
130,617.52 |
7,595.85 |
1,595.49 |
The top 10 ETPs by net new assets collectively gathered $3.30 Bn over August. iShares Physical Gold ETC (SGLN LN) gathered $877.21 Mn, the largest individual net inflow.
Top 10 ETPs by net new assets August 2025: Global
Name |
|
Ticker |
Asset |
NNA |
NNA |
|
SGLN LN |
25,227.93 |
3,032.61 |
877.21 |
|
Invesco Physical Gold ETC - Acc |
|
SGLD LN |
23,666.18 |
1,482.35 |
632.10 |
Fidelity Ethereum Fund |
|
FETH US |
3,416.36 |
1,177.21 |
493.44 |
iPath Series B S&P 500 VIX Short-Term Futures ETN |
|
VXX US |
824.61 |
705.07 |
349.27 |
WisdomTree Copper |
|
COPA LN |
1,044.69 |
(295.56) |
236.50 |
Grayscale Ethereum Mini Trust ETF |
|
ETH US |
3,057.88 |
794.87 |
198.62 |
AMUNDI PHYSICAL GOLD ETC (C) - Acc |
|
GOLD FP |
8,577.75 |
1,295.79 |
152.63 |
Xtrackers IE Physical Gold ETC Securities |
|
XGDU LN |
6,318.09 |
(752.71) |
147.63 |
ProShares Ultra DJ-UBS Natural Gas |
|
BOIL US |
535.63 |
195.22 |
114.15 |
WisdomTree Physical Gold - GBP Daily Hedged |
|
GBSP LN |
2,485.37 |
296.31 |
101.74 |
Investors have tended to invest in Equity ETFs during August.