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 in Asia Pacific (ex-Japan) hit a new record of US$1.41 Tn at the end of July. During July the ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of US$28.54 billion, bringing YTD net inflows to US$142.83 Bn, according to ETFGI's July 2025 Asia Pacific (ex-Japan) ETFs and ETPs 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.)
Asia Pacific (ex-Japan) ETF Industry – July 2025 Highlights
- Record AUM: Assets invested in ETFs in the Asia Pacific (ex-Japan) region reached a new high of $1.41 trillion at the end of July 2025, surpassing the previous record of $1.37 trillion set in June 2025.
- Strong YTD Growth: Assets have grown 22.7% year-to-date, rising from $1.15 trillion at the end of 2024 to $1.41 trillion.
- July Net Inflows: The industry recorded $28.54 billion in net inflows during July 2025.
- YTD Net Inflows: Year-to-date net inflows stand at $142.83 billion, marking the second-highest on record.
- The highest YTD net inflows were $191.13 billion in 2024.
- The third highest were $72.63 billion in 2022.
- 12-Month Net Inflows: A total of $298.52 billion in net inflows has been gathered over the past 12 months.
- Consistent Momentum: July marks the fifth consecutive month of net inflows.
- Equity Focus: Equity ETFs and ETPs listed in the region attracted $5.09 billion in net inflows during July.
The S&P 500 Index rose by 2.24% in July, bringing its year-to-date gain to 8.59%. In contrast, developed markets excluding the US declined by 0.71% during the month, though they remain up 19.44% for the year. Denmark and the Netherlands experienced the largest monthly drops among developed markets, falling by 13.90% and 5.78%, respectively. Emerging markets posted a 1.63% increase in July and are up 13.22% year-to-date, with Thailand and the United Arab Emirates leading the gains, rising by 14.13% and 8.41%, respectively, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Growth in assets in the ETFs industry in Asia Pacific (ex-Japan) as of the end of July
The ETFs industry in Asia Pacific (ex-Japan) had 4,028 ETFs, with 4,244 listings, assets of US$1.41 Tn, from 284 providers on 21 exchanges in 15 countries at the end of July.
ETF Net flows – July 2025 Breakdown
Total Net Inflows: ETFs in Asia Pacific (ex-Japan) recorded $28.54 billion in net inflows during July.
Equity ETFs:
July net inflows: $5.09 billion
YTD net inflows: $61.75 billion, down from $137.86 billion at the same point in 2024.
Fixed Income ETFs:
July net inflows: $22.12 billion
YTD net inflows: $52.17 billion, up from $37.90 billion by end-July 2024.
Commodities ETFs:
July net inflows: $62.97 million
YTD net inflows: $12.13 billion, significantly higher than $3.87 billion YTD in 2024.
Active ETFs:
July net inflows: $2.98 billion
YTD net inflows: $15.79 billion, up from $10.30 billion YTD in 2024.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $25.14 Bn during July. ChinaAMC CSI AAA Sci-Tech Innovation Corporate Bond ETF (551550 CH) gathered $2.13 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets in July 2025: Asia Pacific (ex-Japan)
Name |
Ticker |
Assets |
NNA |
NNA |
ChinaAMC CSI AAA Sci-Tech Innovation Corporate Bond ETF |
551550 CH |
2,124.92 |
2,134.14 |
2,134.14 |
Harvest CSI AAA Sci-Tech Innovation Corporate Bond ETF |
159600 CH |
2,055.29 |
2,055.29 |
2,055.29 |
Fullgoal CSI AAA Sci-Tech Innovation Corporate Bond ETF |
159200 CH |
2,047.36 |
2,047.36 |
2,047.36 |
Penghua SSE AAA Sci-Tech Innovation Corporate Bond ETF |
551030 CH |
1,875.95 |
1,884.28 |
1,884.28 |
E FundSI Hong Kong Securities Investment Theme ETF |
513090 CH |
3,177.00 |
1,471.04 |
1,547.73 |
E Fund CSI AAA Sci-Tech Innovation Corporate Bond ETF |
551500 CH |
1,504.26 |
1,508.92 |
1,508.92 |
Fullgoal CSI Hong Kong Connect Internet ETF |
159792 CH |
8,465.85 |
4,053.50 |
1,494.19 |
China Merchants CSI AAA Sci-Tech Innovation Corporate Bond ETF |
551900 CH |
1,469.10 |
1,476.70 |
1,476.70 |
China Southern CSI AAA Sci-Tech Innovation Corporate Bond ETF |
159700 CH |
1,455.54 |
1,455.54 |
1,455.54 |
Bosera SSE AAA Sci Tech Innovation Corporate Bond ETF |
551000 CH |
1,328.09 |
1,335.06 |
1,335.06 |
Bosera SSE 30-Year China Treasury Bond ETF |
511130 CH |
2,142.27 |
1,728.97 |
1,146.24 |
GF CSI HK Connect Financials ex Banks Thematic ETF |
513750 CH |
1,764.69 |
1,501.42 |
1,036.13 |
Pengyang ChinaBond 30-year Treasury Bond ETF |
511090 CH |
3,233.66 |
2,388.14 |
1,032.67 |
Bosera CSI Convertible Bond and Exchangeable Bond ETF |
511380 CH |
6,274.96 |
453.16 |
1,018.52 |
GF SSE AAA Sci-Tech Innovation Corporate Bond ETF |
511120 CH |
776.46 |
779.42 |
779.42 |
Hwabao CSI Fintech Theme ETF |
159851 CH |
1,158.47 |
842.68 |
760.10 |
iShares Core MSCI Asia ex Japan ETF |
3010 HK |
3,680.18 |
1,203.04 |
747.36 |
iShares Hang Seng TECH ETF |
3067 HK |
2,738.08 |
1,365.48 |
733.28 |
China Southern S and P China A-share Large Cap Dividend Low Volatility 50 ETF |
515450 CH |
1,837.75 |
1,121.95 |
481.30 |
Yuanta/P-shares Taiwan Dividend Plus ETF |
0056 TT |
16,187.41 |
4,196.94 |
468.90 |
The top 10 ETPs by net new assets collectively gathered $230.35 Mn during July. MiraeAsset Securities MiraeAsset CAPE Shiller US Core Sector ETN 104 (520089 KS) gathered $36.44 Mn, the largest individual net inflow.
Top 10 ETPs by net inflows in July 2025: Asia Pacific (ex-Japan)
Name |
Ticker |
Assets |
NNA |
NNA |
MiraeAsset Securities MiraeAsset CAPE Shiller US Core Sector ETN 104 |
520089 KS |
36.44 |
36.44 |
36.44 |
MiraeAsset Securities MiraeAsset Inverse Natural Gas Futures ETN 106 B |
520091 KS |
32.77 |
32.77 |
32.77 |
Global X Physical Silver Structured |
ETPMAG AU |
415.60 |
116.42 |
26.01 |
MiraeAsset Securities MiraeAsset Natural Gas Futures ETN 105 B |
520090 KS |
25.96 |
25.96 |
25.96 |
Samsung Securities Samsung S&P500 VIX S/T Futures ETN B 130 |
530130 KS |
38.19 |
39.92 |
25.46 |
Samsung Securities Samsung iSelect Leverage Shipbuilding TOP10 TR ETN 140 |
530140 KS |
22.11 |
22.11 |
22.11 |
Global X Physical Gold Structured |
GOLD AU |
2,944.43 |
236.38 |
17.20 |
KB Securities KB Leverage Secondary Battery TOP 10 TR ETN 70 |
580070 KS |
15.61 |
15.61 |
15.61 |
Samsung Securities Samsung KRX Leverage Secondary Battery TOP10 TR ETN 138 |
530138 KS |
15.61 |
15.61 |
15.61 |
Kiwoom Securities Kiwoom Leverage Shipbuilding TOP10 ETN 17 |
760016 KS |
46.14 |
13.18 |
13.18 |
Investors have tended to invest in Fixed Income ETFs/ETPs during July.