ETFGI reports Global ETF Industry Assets Reach Record US$ 23.11 Trillion at the end of July and YTD Inflows Hit All-Time High US$ 1.71 Trillion. During July, the ETFs industry globally gathered net inflows of US$383.60 billion, bringing year-to-date net inflows to US$1.71 trillion, according to ETFGI's July 2026 Global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. ETFGI, is a 14 year old leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, 6 annual ETFGI Global ETFs Insights Summits, and ETF TV on global ETF industry trends. (All dollar values in USD unless otherwise noted)
Highlights
- Assets invested in the ETFs industry globally reached a new record of $23.11 Tn at the end of July, beating the previous record of $23.09 Tn at the end of June 2026.
- Assets increased 16.6% YTD in 2026, going from $19.84 Tn at end of 2025 to $23.11 Tn.
- Record monthly net inflows of $383.60 Bn gathered during July.
- YTD net inflows of $1.71 Tn are the highest on record, while the second highest recorded YTD net inflows were of $1.09 Tn in 2025 and the third highest recorded YTD net inflows are of $944.18 Bn in 2024.
- 86th month of consecutive net inflows.
- YTD 2141 new ETFs have been launched by 397 providers and 353 ETFs have closed.
“The S&P 500 declined slightly by 0.06% in July but remained up 10.14% year-to-date in 2026. Developed markets excluding the US gained 0.30% during July and were up 14.62% year-to-date, with Luxembourg (+12.10%) and Norway (+9.93%) posting the strongest gains among developed markets. Emerging markets fell 0.33% in July but remained up 9.40% year-to-date, while Taiwan (-7.80%) and Turkey (-5.91%) recorded the largest declines among emerging markets,” according to Deborah Fuhr, Managing Partner, Founder, and Owner of ETFGI.
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: “ETFs” are typically open-end index funds that provide daily portfolio transparency, are listed and traded on exchanges like stocks on a secondary basis as well as utilising a unique creation and redemption process for primary transactions. “ETPs” refers to other products that have similarities to ETFs in the way they trade and settle but they do not use a mutual fund structure. The use of other structures including grantor trusts, partnerships, notes and depositary receipts by ETPs can create different tax and regulatory implications for investors when compared to ETFs which are funds.
The Global ETF industry had 17,654 ETFs, with 34,072 listings, assets of $23.11 Tn, from 1,025 providers on 85 exchanges in 66 countries at the end of July.
ETF Issuers
- iShares remained the largest ETF provider globally with $6.35 trillion in assets under management, representing a 27.5% market share. Year-to-date through July, iShares gathered $370.26 billion in net new assets, accounting for 21.7% of the industry's record $1.71 trillion in net inflows.
- Vanguard ranked second with $5.00 trillion in assets and a 21.6% market share. Vanguard led the industry in year-to-date net new asset gathering, attracting $372.93 billion in net inflows, representing 21.8% of total industry net inflows.
- State Street SPDR ETFs ranked third with $2.27 trillion in assets and a 9.8% market share. State Street SPDR ETFs gathered $122.84 billion in net new assets year-to-date, accounting for 7.2% of the industry's total net inflows.
- The top three ETF providers, out of 1,025 globally, accounted for 58.9% of total ETF industry assets at the end of July 2026. Collectively, iShares, Vanguard, and State Street SPDR ETFs attracted $866.03 billion in net new assets year-to-date, representing 50.6% of the industry's record $1.71 trillion in net inflows, while the remaining 1,022 providers each held less than a 5% market share.
Net flows
- Record monthly net inflows of $383.60 Bn gathered during July.
- YTD net inflows of $1.71 Tn are the highest on record.
- Equity ETFs attracted net inflows of $230.87 billion during July, bringing year-to-date net inflows to $772.88 billion, significantly higher than the $477.77 billion gathered during the first seven months of 2025.
- Fixed income ETFs recorded net inflows of $42.03 billion during July, increasing year-to-date net inflows to $314.70 billion, compared with $216.53 billion at the end of July 2025.
- Commodity ETFs gathered net inflows of $3.61 billion during July, bringing year-to-date net inflows to $15.14 billion, lower than the $44.96 billion recorded by the end of July 2025.
- Active ETFs attracted net inflows of $89.58 billion during July, lifting year-to-date net inflows to $590.46 billion, well above the $322.69 billion gathered during the same period in 2025.
Substantial inflows can be attributed to the top 20 ETF's by net new assets, which collectively gathered $125.96 Bn in July, the Vanguard S&P 500 ETF (VOO US) gathered $19.66 Bn alone.
Top 20 ETFs by net new assets July 2026: Global
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Substantial inflows can be attributed to the top 10 ETP's by net new assets, which collectively gathered $3.28 Bn in July, the Invesco Physical Gold ETC - Acc (SGLD LN) gathered $688.47 Mn alone.
Top 20 ETPs by net new assets July 2026: Global
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Investors have tended to invest in Equity ETFs during July.
