Assets Invested in ETFs Reached a New Record of $9.74 Trillion in the U.S.

A Report by ETFGI

Date: 01 Oct 2024 · 05:15

The sector recorded net inflows of $66.31 billion during the month of August, bringing year-to-date net inflows to a record $643.52 billion

Furthermore, assets have increased by 20.1% year-over-year in 2024, rising from $8.11 trillion at the end of 2023 to $9.74 trillion, marking 28 consecutive months of net inflows, the report adds

Assets invested in the U.S. ETF sector reached a new record of $9.74 trillion at the end of August, according to a report by ETFGI.

The sector recorded net inflows of $66.31 billion during the month of August, bringing year-to-date net inflows to a record $643.52 billion, surpassing July’s $9.49 trillion, according to the August 2024 report.

Additionally, assets have increased by 20.1% year-over-year in 2024, rising from $8.11 trillion at the end of 2023 to $9.74 trillion, marking 28 consecutive months of net inflows, the report adds.

“The S&P 500 index rose by 2.43% in August and is up 19.53% year-to-date in 2024. The developed markets index, excluding the U.S., increased by 2.78% in August and 11.13% in 2024. Israel (+7.47%) and Singapore (+5.59%) posted the largest gains among developed markets in August. The emerging markets index rose by 2.01% in August and 10.89% in 2024. Indonesia (+10.79%) and Thailand (+8.62%) recorded the highest increases among emerging markets in August,” said Deborah Fuhr, managing partner, founder, and owner of ETFGI.

In the U.S., the ETF sector had 3,669 products by the end of August, with assets worth $9.74 trillion from 337 providers listed on three exchanges.

On the fixed income side, ETFs saw net inflows of $25.61 billion in August, bringing year-to-date net inflows to $129.54 billion, exceeding the $109.87 billion in net inflows in 2023.

Commodity ETFs registered net inflows of $715.56 million in August, putting the year-to-date net outflows at $1.73 billion, lower than the $5.8 billion in net outflows for the same period in 2023.

Active ETFs attracted net inflows of $20.67 billion during the month, bringing year-to-date net inflows to $180.4 billion, significantly higher than the $74.2 billion in net inflows in 2023.

The substantial inflows can be attributed to the top 20 ETFs by new net assets, which collectively gathered $46.13 billion in August. The Vanguard S&P 500 ETF (VOO US) gathered $7.88 billion, the largest individual net inflow, the report explains.

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