Actively managed ETFs worldwide hit a new record of $889.03 billion at the end of May, according to ETF research firm ETFGI.
According to the data providers, this milestone surpasses the previous record of $840.09 billion set in April 2024. The growth represented a 20.3% increase year-to-date, rising from $739.23 billion at the end of 2023.
Fixed income ETFs saw strong inflows in May
May saw net inflows of $27.53 billion into actively managed ETFs, contributing to a year-to-date total of $125.11 billion. According to ETFGI, this is the highest on record, surpassing the $71.70 billion in 2021 and $59.68 billion in 2023. This marks the 50th consecutive month of net inflows for these ETFs.
“The S&P 500 index increased by 4.96% in May and is up by 11.30% YTD in 2024. The developed markets excluding the US index increased by 3.62% in May and is up 6.09% YTD in 2024. Norway (up 10.84%) and Portugal (up 8.72%) saw the largest increases amongst the developed markets in May. The emerging markets index increased by 1.17% during May and is up 4.97% YTD in 2024. Egypt (up 11.82%) and Czech Republic (up 9.44%) saw the largest increases amongst emerging markets in May,” said Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Demand for active ETFs continues to rise, survey shows
Fuhr highlighted the market performance in May, noting the significant gains across various indices. Developed markets excluding the US saw a 3.62% rise in May and a 6.09% increase year-to-date. Norway and Portugal led the developed markets with increases of 10.84% and 8.72%, respectively.
Emerging markets also showed positive movement, with their index up 1.17% in May and 4.97% year-to-date. Egypt and the Czech Republic experienced the largest gains among emerging markets, with increases of 11.82% and 9.44%, respectively.
