ETFGI reports that assets invested in the global ETFs industry reached a new record of US$16.27 trillion at the end of May

Press Release

LONDONJune 19, 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 globally reached a new record of US$16.27 trillion at the end of May. During May, the ETFs industry globally gathered net inflows of US$118.34 billion, bringing year-to-date net inflows to a record US$738.88 billion, according to ETFGI's May 2025 Global 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 global ETFs industry reached a new record of $16.27 Tn at the end of May, surpassing the previous record of $15.50 Tn at the end of February 2025.
  • Net inflows of $118.34 Bn gathered during May.
  •  Year-to-date (YTD) net inflows into ETFs have reached a record high of $738.88 billion in 2025, surpassing the previous highs of $594.01 billion in 2024 and $572.02 billion in 2021, which now stand as the second and third highest on record, respectively.
  • 72 months of consecutive net inflows – 6 years.

 

“The S&P 500 Index rose by 6.29% in May, bringing its year-to-date (YTD) gain to 1.06% in 2025. The Developed Markets ex-U.S. Index increased by 5.12% in May and is up 16.52% YTD. Among developed markets, Austria and the Netherlands led with gains of 11.40% and 9.12%, respectively. The Emerging Markets Index climbed 4.42% in May, with a 6.30% YTD increase. Taiwan and Greece posted the strongest monthly performances among emerging markets, rising 12.57% and 10.99%, respectively,” according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

 

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon Growth in assets in the Global ETFs industry as of the end of May

  

 

 

The Global ETFs industry has 14,183 products, with 28,076 listings, assets of $16.27 Tn, from 864 providers on 81 exchanges in 63 countries at the end of May.

During May, ETFs gathered net inflows of $118.34 Bn. Equity ETFs gathered net inflows of $32.28 Bn, bringing YTD net inflows to $329.72 Bn, slightly higher than the $327.42 Bn in YTD net inflows in 2024. Fixed income ETFs reported net inflows of $42.92 Bn during May, bringing net inflows for the year through May to $141.11 Bn, higher than the $113.40 Bn in YTD net inflows in 2024. Commodities ETFs reported net outflows of $1.25 Bn during May, bringing YTD net inflows to $31.16 Bn, much higher than the $7.55 Bn in net outflows YTD in 2024. Active ETFs attracted net inflows of $43.49 Bn during the month, gathering net inflows for the year of $220.25 Bn, much higher than the $124.63 Bn in net inflows YTD in 2024.

 

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $62.82 Bn during May. Vanguard S&P 500 ETF (VOO US) gathered $10.49 Bn, the largest individual net inflow.
 

Top 20 ETFs by net new assets May 2025: Global

 

Name

 

Ticker

Assets
($ Mn)
May-25

NNA
($ Mn)
 YTD-25

NNA
($ Mn)
May-25

Vanguard S&P 500 ETF

 

VOO US

     657,340.88

            65,480.72

        10,493.83

Invesco QQQ Trust

 

QQQ US

     334,124.94

            10,416.07

          8,148.51

iShares Bitcoin Trust

 

IBIT US

       69,213.48

            11,320.91

          5,914.78

iShares 20+ Year Treasury Bond ETF

 

TLT US

       49,836.24

                  49.67

          3,822.67

iShares U.S. Thematic Rotation Active ETF

 

THRO US

         4,368.00

             4,341.12

          3,768.08

iShares MSCI EAFE Value ETF

 

EFV US

       25,414.42

             2,264.70

          3,580.05

iShares iBoxx $ Investment Grade Corporate Bond ETF

 

LQD US

       30,683.92

             1,419.02

          3,046.81

iShares Core International Aggregate Bond ETF

 

IAGG US

       10,035.90

             2,963.20

          3,022.55

Invesco Nasdaq 100 ETF

 

QQQM US

       48,365.86

             8,331.75

          2,257.58

iShares 0-3 Month Treasury Bond ETF

 

SGOV US

       46,812.41

            16,898.76

          2,052.94

iShares Broad Global Govt Bond UCITS ETF

 

IGBG NA

         2,918.80

             2,695.33

          1,952.62

Vanguard Total Stock Market ETF

 

VTI US

     473,452.43

            15,683.35

          1,935.59

SPDR Portfolio S&P 500 ETF

 

SPLG US

       67,769.20

            13,332.93

          1,839.10

Vanguard Total Bond Market ETF

 

BND US

     127,264.63

             4,888.36

          1,736.45

iShares Core € Corp Bond UCITS ETF

 

IEBC LN

       16,193.50

               (864.28)

          1,659.12

iShares Core U.S. Aggregate Bond ETF

 

AGG US

     124,511.71

             3,375.08

          1,598.83

UBS ETFs plc - MSCI ACWI SF UCITS ETF (hedged to USD) A-acc

 

ACWIU SW

         8,089.99

                747.35

          1,578.81

iShares AI Innovation and Tech Active ETF

 

BAI US

         1,694.36

             1,627.98

          1,527.57

iShares MBS ETF

 

MBB US

       38,227.93

             2,299.66

          1,513.28

Vanguard Information Technology ETF

 

VGT US

       86,681.81

             3,814.57

          1,372.85

 

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

The top 10 ETPs by net new assets collectively gathered $2.33 Bn over May. MicroSectors FANG+ 3X Leveraged ETN (FNGB US) gathered $916.40 Mn, the largest individual net inflow.

Top 10 ETPs by net new assets May 2025: Global

Name

 

Ticker

Asset
($ Mn)
May-25

NNA
($ Mn)
 YTD-25

NNA
($ Mn)
May-25

MicroSectors FANG+ 3X Leveraged ETN

 

FNGB US

         1,586.27

             1,306.79

             916.40

AMUNDI PHYSICAL GOLD ETC (C) - Acc

 

GOLD FP

         8,148.08

             1,211.71

             315.75

WisdomTree Core Physical Silver ETC

 

WSIL LN

            470.56

                414.36

             308.46

MERITZ SECURITIES MERITZ KIS CD RATE ETN 63

 

610063 KS

            929.32

                146.12

             146.12

ProShares Ultra VIX Short-Term Futures

 

UVXY US

            373.89

               (133.37)

             142.30

Grayscale Bitcoin Mini Trust ETF

 

BTC US

         4,555.03

                564.91

             129.88

Bitwise Ethereum Staking ETP

 

ET32 GY

            220.63

                146.20

             107.69

iPath Series B S&P 500 VIX Short-Term Futures ETN

 

VXX US

            389.30

                  74.60

              91.87

iShares Physical Gold ETC

 

SGLN LN

       22,342.45

             1,234.83

              90.47

WisdomTree Physical Gold - EUR Daily Hedged

 

GBSE GY

            723.28

                151.83

              83.39

 

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon


Investors have tended to invest in Active ETFs during May.

Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.


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ETFGI 
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