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Global ETF assets hit record $18.8tn

by Piyasi Mitra
17 October 2025
Franklin Templeton launches two indexed ETFs for European investors
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Assets invested in ETFs globally reached a record $18.81 trillion at the end of September, according to data from ETF research firm ETFGI.

The amount crossed the previous record of $17.85 trillion in August 2025, with assets rising 26.7% year-to-date from $14.85 trillion at the end of 2024. Overall, the industry gathered $267.66 billion in net inflows during September, pushing year-to-date inflows to a record $1.54 trillion.

Equity ETFs led with $124.32 billion of net inflows in September, bringing year-to-date totals to $677.37 billion, slightly below last year’s pace. Fixed income ETFs attracted $49.36 billion, with $314.23 billion gathered so far in 2025, while commodities ETFs saw $20.5 billion in monthly inflows.

Fund Selectors: “Beyond price and tracking error in ETFs”

Active ETFs drew $70.59 billion in September and $447.72 billion year-to-date — nearly double the total at this point in 2024.

Among providers, iShares was the topper with $5.28 trillion in assets under management, representing 28.3% of the total market. Vanguard followed with $4.01 trillion (21.5%) and SPDR ETFs ranked third at $1.89 trillion (10.1%). Together, the top three issuers out of 915 globally accounted for 59.8% of total ETF assets.

The top 20 ETFs collectively gathered $77.05 billion. The iShares Core S&P 500 ETF led individual products with $18.67 billion in net new assets.

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