ETFGI reports that assets invested in the ETFs industry in the United States reached a new record of US$10.73 trillion at the end of January
Press Release
LONDON — February 13, 2025 — 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 the United States reached a new record of US$10.73 trillion at the end of January. During January the ETFs industry in the United States gathered net inflows of US$90.25 billion, according to ETFGI's January 2025 US 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.)
Highlights
- Assets invested in the ETFs industry in the United States reached a record of $10.73 Tn at the end of January beating the previous record of $10.59 Tn at the end of November 2024.
- Net inflows of $90.25 Bn in January are the highest on record, followed by January net inflows of $78.78 Bn for 2018 and the third highest recorded January net inflows are of $71.09 Bn in 2024.
- In January, Vanguard led with the highest net inflows, amounting to $36.05 billion. They were followed by iShares, which attracted $9.64 billion, and Invesco, which saw $7.70 billion in net inflows.
- In January, SPDR ETFs experienced the largest net outflows, totalling $11.28 billion. They were followed by Direxion with $947.06 million and VanEck with $890.28 million in net outflows.
- 33rd month of consecutive net inflows.
“The S&P 500 index increased by 2.78% in January. The developed markets excluding the US index increased by 4.71% in January. Germany (up 9.04%) and Sweden (up 8.81%) saw the largest increases amongst the developed markets in January. The Emerging markets index increased by 0.31% during January. Colombia (up 17.29%) and Brazil (up 12.68%) saw the largest increases amongst emerging markets in January”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Growth in assets in the ETFs industry in the United States as of the end of January
The ETFs industry in the United States has 3,993 products, assets of US$10.73 Tn, from 372 providers listed on 3 exchanges at the end of January.
iShares is the largest ETF provider in the US with AUM of $3.25 trillion in 448 ETFs, reflecting 30.3% market share; Vanguard is second with AUM of $3.10 trillion in just 88 ETFs and 28.9% market share, followed by SPDR ETFs with AUM $1.53 trillion in 158 ETFs and 14.3% market share. These top three providers, out of 372, account for 73.4% of the 10.73 trillion invested in the ETFs industry in the United, while the remaining 369 providers each have less than 7% market share.
Top 5 Providers of ETFs in the United States at end of January
|
Provider |
# ETFs/ |
Assets |
% |
|
iShares |
448 |
3,248,220 |
30.3% |
|
Vanguard |
88 |
3,095,363 |
28.9% |
|
SPDR ETFs |
158 |
1,532,192 |
14.3% |
|
Invesco |
229 |
655,754 |
6.1% |
|
Schwab ETFs |
32 |
408,318 |
3.8% |
Source ETFGI research
In January, Vanguard led with the highest net inflows, amounting to $36.05 billion. They were followed by iShares, which attracted $9.64 billion, and Invesco, which saw $7.70 billion in net inflows. SPDR ETFs experienced the largest net outflows in January with $11.28 Bn, followed by Direxion with $947.06 Mn and VanEck with $890.28 Mn net outflows.
Top 10 Providers of ETFs in the United States - Net flows in January
Source ETFGI research
The top three ETF providers in the US each offer an ETF that tracks the S&P 500 index, with each having over half a trillion dollars in assets under management (AUM) at the end of January.
Top 5 ETFs in the United States
|
ETF Name |
Ticker |
Assets |
NNA |
|
SPDR S&P 500 ETF Trust |
SPY US |
623,972 |
(19,416) |
|
Vanguard S&P 500 ETF |
VOO US |
621,485 |
20,385 |
|
iShares Core S&P 500 ETF |
IVV US |
593,743 |
(1,525) |
|
Vanguard Total Stock Market ETF |
VTI US |
471,192 |
4,185 |
|
Invesco QQQ Trust |
QQQ US |
326,683 |
703 |
Source ETFGI research
During January, ETFs gathered net inflows of $90.25 Bn. Equity ETFs gathered net inflows of $24.54 Bn which is higher than the $14.63 Bn in net inflows in January 2024. Fixed income ETFs reported net inflows of $20.29 Bn during January which is higher than the than the $15.60 Bn in net inflows in January 2024. Commodities ETFs reported net outflows of $1.06 Bn during January which is less than the $2.87 Bn in net in January 2024. Active ETFs attracted net inflows of $44.03 Bn during the month which is much higher than the $19.66 Bn in net inflows in January 2024.
Investors have tended to invest in Active ETFs during January.
|
The final stage of the ETF Express European Awards 2025 is closing soon. ETFGI is on the short list for the "Best ETF Research Provider" category (No. 25) at this year's ETF Express European Awards 2025.
To cast your vote for ETFGI, please click here.
Voting closes this Friday 14th February, so don’t miss the chance to show your support.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
We are looking forward to our 2025 annual ETFGI Global ETFs Insights Summits. The summits are designed to facilitate substantive and in-depth discussions around the use and selection of ETFs by financial advisors and institutional investors. Panel discussions with industry leaders discuss the impact that market structure and regulations have on ETF product development, due diligence, suitability, the use and trading, and technological developments have on ETFs and mutual funds in the respective jurisdictions.
2025 ETFGI Global ETFs Insights Summits schedule:
- 6th Annual – Europe & Africa 2025 - Join us to Celebrate 25 Years of ETFs in Europe on May 1st at the London Stock Exchange, and virtually on May 2nd! Register now.
- 6th Annual - Latin America 2025 (in Mexico City on May21st and virtually on May 22nd). Register now.
- 6th Annual - Asia Pacific 2025 (in Hong Kong on September 3rd and virtually on September 4th). Register now.
- 6th Annual - Middle East 2025 (in the UAE in October). Register your interest.
- 6th Annual - United States 2025 (in New York in November). Register your interest.
- 7th Annual - Canada 2025 - Join us to Celebrate 35 Years of ETFs in Canada at Borden Ladner Gervais LLP (BLG)’s office on Dec 9th in Toronto! Register now.
🆓 Free Registration: For CFA members, buy-side institutional investors, and financial advisors.
CPD Credits: Earn educational credits.
Interested in sponsoring or speaking at any of our upcoming events or have any questions, please email contact@etfgi.com
ETFGI offers the following paid research subscription services:
- ETFGI Basic Global ETFs research service – Regional reports, global database and factsheet for all ETFs listed globally
- ETF industry Revenue report
- ETF industry fees and expenses report
- ETFGI Global Active ETFs Landscape report
- ETFGI Global Smart Beta ETFs Landscape report
- ETFGI Global China ETFs Landscape report
- ETFGI Global Crypto ETFs Landscape report
- ETFGI Global Currency Hedged ETFs Landscape report
- ETFGI Global EM and FM ETFs Landscape report
- ETFGI Global ESG ETFs Landscape report
- ETFGI Global Leverage and Inverse ETFs Landscape report
- ETFGI Global Thematic ETFs Landscape report
- ETFGI Revenue report for the Global ETFs industry
- ETFGI Global Institutional & Mutual Funds Users of ETFs Landscape reports
Register for our press releases and other updates at www.ETFGI.com
|
