ETFGI reports that assets invested in the actively managed ETFs industry globally reached a new record of US$1.82 trillion at the end of October

Press Release

LONDON November 25, 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 actively managed ETFs industry globally reached a new record of US$1.82 trillion at the end of October. During October the actively managed ETFs industry globally gathered net inflows of US$75.79 billion, bringing year-to-date net inflows to a record US$523.51 billion, according to ETFGI's October 2025 Active ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights

  • Global actively managed ETF assets reached a record $1.82 trillion at the end of October, surpassing the previous record of $1.73 trillion in September 2025.
  • Assets grew 55.2% year-to-date, rising from $1.17 trillion at the end of 2024.
  • Net inflows of $75.79 billion in October 2025.
  • Year-to-date net inflows of $523.51 billion—the highest on record, compared to $287.05 billion in 2024 and $132.74 billion in 2023.
  • 67 consecutive months of net inflows.
  • Actively managed equity ETFs and ETPs attracted US$41.54 billion in October.

 

The S&P 500 rose 2.34% in October, bringing its year-to-date gain to 17.52%. Developed markets excluding the U.S. advanced 1.69% in October and are up 29.83% so far in 2025, with Korea (+18.88%) and Luxembourg (+6.71%) leading the monthly gains. Emerging markets climbed 1.71% during October and have gained 24.50% year-to-date, driven by strong performances in Taiwan (+8.60%) and Hungary (+8.41%), according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

Growth in assets in the actively managed ETFs industry as of end of October

 


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The actively managed ETFs industry globally has 4,354 ETFs, with 5,756 listings, assets of $1.82 Tn, from 629 providers listed on 46 exchanges in 36 countries at the end of October.

Dimensional is the largest active ETF provider globally, with US$243.56 billion in assets and a 13.4% market share. JP Morgan Asset Management ranks second at US$239.88 billion (13.2%), followed by iShares with US$106.74 billion (5.9%). Together, these top three providers—out of 629—account for 32.5% of actively managed ETF assets worldwide, while each of the remaining 626 providers holds less than 6% market share.

Equity-focused actively managed ETFs listed globally attracted US$41.54 billion in net inflows during October, bringing year-to-date inflows to US$298.07 billion—up significantly from US$158.73 billion at the same point in 2024. Fixed income-focused actively managed ETFs reported US$28.00 billion in October inflows, pushing year-to-date totals to US$196.67 billion, compared to US$111.90 billion by the end of October 2024.

Substantial inflows can be attributed to the top 20 active ETFs/ETPs by net new assets, which collectively gathered
$27.84 Bn during October. Akre Focus ETF (AKRE US) gathered $10.82 Bn, the largest individual net inflow.

 

Top 20 actively managed ETFs/ETPs by net new assets October 2025

Name

Ticker

Assets
($ Mn)
 Oct-25

NNA
($ Mn)
 YTD-25

NNA
($ Mn)
Oct-25

Akre Focus ETF

AKRE US

     10,412.53

            10,815.93

        10,815.93

JPMorgan Municipal ETF

JMUB US

       6,082.08

             3,967.39

          2,162.50

AB California Intermediate Municipal ETF

CAM US

       1,101.40

             1,092.41

          1,092.41

iShares U.S. Equity Factor Rotation Active ETF

DYNF US

     29,050.13

            11,645.96

          1,068.63

Fidelity Total Bond ETF

FBND US

     22,305.46

             4,787.38

          1,063.56

iShares AI Innovation and Tech Active ETF

BAI US

       7,790.66

             6,490.52

          1,044.18

Capital Group Growth ETF

CGGR US

     18,087.52

             6,148.92

          1,025.72

Capital Group Dividend Value ETF

CGDV US

     23,993.09

             8,313.22

             990.82

Blackrock Flexible Income ETF

BINC US

     13,805.87

             6,688.49

             898.11

Avantis International Small Cap Value ETF

AVDV US

     13,450.71

             4,180.62

             895.67

PIMCO Multi Sector Bond Active ETF

PYLD US

       8,965.59

             6,036.54

             822.22

Simplify Government Money Market ETF

SBIL US

       4,085.23

             4,086.01

             747.23

PIMCO US Dollar Short Maturity ETF

MINT LN

       3,454.11

             1,371.16

             707.12

Direxion Daily Meta Bull 2x Shares

METU US

          728.84

                735.14

             693.95

T-REX 2X Long BMNR Daily Target ETF

BMNU US

          487.61

                731.31

             675.69

Franklin New York Municipal Income ETF

FTNY US

          647.53

                648.59

             648.59

Hwabao WP Cash Tianyi Listed Money Market Fund

511990 CH

     10,290.48

               (964.62)

             640.77

Yinhua Traded Money Market Fund

511880 CH

     10,299.23

             1,597.44

             619.69

Avantis International Equity ETF

AVDE US

     10,401.57

             3,356.68

             617.81

Franklin California Municipal Income ETF

FTCA US

          607.91

                608.71

             608.71

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Investors have tended to invest in Equity actively managed ETFs/ETPs during October.


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



Register now to join us on Tuesday, December 9th in Toronto for our 7th Annual ETFGI Global ETFs Insights Summit – Canada at Borden Ladner Gervais LLP (BLG)’s office! View the agenda and all speakers below.

The day will start with registration and networking coffee at 8:45 AM, followed by an opening bell-ringing ceremony with the TMX Group at 9:20 AM to celebrate 35 years of ETFs in Canada. The program will then continue with a full day of panel discussions featuring industry leaders.

The summit is designed as an educational event to foster deep, insightful discussions on the use, due diligence and selection and best trading practices for ETFs by financial advisors and institutional investors in Canada. Explore how regulatory changes are impacting product development including share classes, Active ETFs, Alternative ETFs, Crypto, digital assets and tokenisation and market structure.

🎟️Don’t miss this opportunity to explore key trends and network with industry leaders driving the future of ETFs. Register now to join us!
 
🗓️ AGENDA 2025
8:45 AM – 5:05 PM (all times are EST)

📍Dec 9th - BLG's Office, Bay Adelaide Centre, East Tower 22 Adelaide Street West Suite 3400 Toronto, ON, Canada M5H 4E3

8:45 AM – 9:20 AM Registration & Networking Coffee
 
9:20 AM – 9:40 AM Bell Ringing Ceremony   
Please join us to celebrate opening the market by ringing the bell with TMX Group

9:55 AM – 10:00 AM Welcome Remarks   
Deborah Fuhr, 
Managing Partner, Founder, ETFGI

10:00 AM – 10:25 AM Trends in the ETF Industry - ETFGI Research   
Deborah Fuhr, 
Managing Partner, Founder, ETFGI

10:25 AM – 10:50 AM Global Macro Outlook 
Andrew Grantham, 
Executive Director, Senior Economist, CIBC Capital Markets 
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI

10:50 AM – 11:20 AM CSA ETF Consultation Update
Pei-Ching Huang, 
Senior Legal Counsel, Investment Management Division, Ontario Securities Commission 
Stephen Paglia, Vice President, Investment Management Division, Ontario Securities Commission 
Moderator: Whitney Wakeling, Partner, Investment Management, Borden Ladner Gervais LLP

11:20 AM – 12:00 PM Update on the Canadian ETF Market Landscape
Greg Benhaim, 
Executive Vice President of Product and Head of Trading, 3iQ Corp  
Ronald Landry, Head of Product and Canadian ETF Services, CIBC Mellon   
Graham MacKenzie, Managing Director, Exchange Traded Products, TMX Group 
Mary Jane Young, Managing Director, TD Securities 
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI

12:00 PM – 12:40 PM Rise of Alternative Strategies in the ETF Wrapper  
Jean-René Carle-Mossdorf, 
Head of ETF Product Development, Desjardins   
Jeffrey Sardinha, SVP - Head of ETF Solutions – Americas, State Street  
Raline Sexton, Director Digital Asset Business Strategy, MarketVector Indexes 
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI

12:40 PM – 1:30 PM Networking Lunch

1:30 PM – 2:00 PM Fireside Chat – Managing Career Transitions 
In Partnership with Women in ETFs
 
Lindsay Patrick, Chief Strategy & Innovation Officer, RBC Capital Markets 
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI

2:00 PM – 2:40 PM How Regulations are Impacting ETFs and Investors 
Raymond Chan, 
Senior Vice President of the Investment Management Division, Ontario Securities Commission 
Angela Nikolakakos, Head of Legal, Canada, Vanguard Investments Canada Inc.
Grace Pereira, Partner, Borden Ladner Gervais LLP 
Whitney Wakeling, Partner, Investment Management, Borden Ladner Gervais LLP 
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI

2:40 PM – 3:20 PM How Investors are Using ETFs
Andrea Hallett, 
Vice President, Portfolio Manager, Mackenzie Investments 
Marchello Holditch, Head of Multi-Asset Solutions, BMO Global Asset Management  
Jennifer Li, Director, Institutional ETF Sales, CIBC Capital Markets 
Daniel Straus, Managing Director, ETF Research, National Bank Capital Markets 
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI

3:20 PM – 3:40 PM Networking Coffee Break 

3:40 PM – 4:20 PM The Evolving Life Cycle of ETFs
Valerie Grimba,
 Director, Head of Global ETF Strategy, RBC Capital Markets 
Stephen Hoffman, Managing Director, Exchange Traded Funds, RBC Global Asset Management 
Breiffni McCormack, Managing Director, Client Solutions, RBC Investor Services 
Moderator: Deborah Fuhr, Managing Partner, Founder, ETFGI

4:20 PM – 5:00 PM The Future of the Asset Management and ETFs Industry 
Michael Cooke, 
Principal, MDC Consulting
Som Seif, 
CEO, Purpose Investments 
Hail Yang, 
Director, iShares Strategy, BlackRock Canada 
Moderator: Deborah Fuhr, 
Managing Partner, Founder, ETFGI

5:00 PM – 5.05 PM Closing Remarks
📅Event Date: Tuesday, December 9th
Time: From 8:45 AM - 5:05 PM 
📍Location: BLG's Office, Bay Adelaide Centre, East Tower 22 Adelaide Street West Suite 3400 Toronto, ON, Canada M5H 4E3
🆓Free Registration: For CFA members, buy-side institutional investors, and financial advisors.
  CPD Credits: Earn educational credits
📋View the agenda, speakers, and topics from last year's successful annual ETFGI Global ETFs Insights Summit - Canada - https://rb.gy/rremx7

 

 Register your interest in attending our 2026 ETFGI Global ETFs Insights Summits:

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ETFGI 
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