ETFGI report on ETFs and ETPs listed globally – March 2025

According to a report by ETFGI , a leading independent research and consultancy firm specializing in global ETF industry trends, the first quarter of 2025 saw record net inflows of $463.51 billion into the global ETF market. This surpasses previous Q1 records of $397.51billionin2024and$360.72 billion in 2021.

Key Data :

• March 2025 : Net inflows reached $158.81 billion, marking 70 consecutive months of positive inflows .
• Assets Under Management : $15.19trillionasofMarch-end,slightlybelowtheall-timehighof$15.50 trillion recorded in February 2025.
• YTD Performance : Assets grew 1.6% compared to the end of 2024 ($14.85 trillion).

Highlighted Sectors :

1. Equity ETFs : Attracted $211.58billioninQ1,thoughlowerthanQ12024($234.73 billion).
2. Fixed Income ETFs : Saw $81.26billioninnetinflows,upfrom$62.75 billion in Q1 2024.
3. Commodity ETFs : Recorded $21.91billionininflows,asignificantreboundfrom$6.26 billion in outflows during Q1 2024.
4. Active ETFs : Garnered $145.26billion,morethandoubleQ12024’s$71.82 billion.

Top Performing Products :

• iShares Core S&P 500 ETF (IVV US) : Led with $23.63 billion in net inflows in March.
• Other top ETFs included Vanguard S&P 500 ETF (VOO US) and SPDR Gold Shares (GLD US) .

Commentary from Deborah Fuhr , Managing Partner at ETFGI:
“The S&P 500 index decreased by 5.63% in March and us down by 4.27% YTD in 2025. The developed markets excluding the US index decreased by 0.36% in March and is up 5.70% YTD in 2025. Denmark (down 11.58%) and United States (down 6.34%) saw the largest decreases amongst the developed markets in March. The emerging markets index increased by 0.65% during March and is up 0.91% YTD in 2025. Czech Republic (up 14.00%) and Greece (up 13.13%) saw the largest increases amongst emerging markets in March,”