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U.S. ETF Inflows Hit Record $1.23 Trillion Through July

U.S.-listed ETFs pulled in a record $193.42 billion in July, pushing year-to-date net inflows to $1.23 trillion. That total is the strongest seven-month haul on record, according to ETFGI’s July 2026 U.S. ETF industry report.Key Takeaways: U.S. ETFs pulled in a record $1.23 trillion in new money through July 2026. Global ETF assets hit a record $23.11 trillion, with U.S. funds driving 72% of inflows. Active and equity ETFs both posted their strongest year-to-date totals on record. Global ETF assets reached a record $23.11 trillion at the end of July, according to ETFGI’s companion global industry report. The U.S. accounted for about 68% of that total. It also produced roughly 72% of the $1.71 trillion gathered worldwide so far this year. See more: Goldman Sachs Confirms ETFs On Track to Cross $2 Trillion Milestone The gap shows how much of the world’s ETF growth is happening inside the U.S. Equity ETFs alone gathered $567.25 billion in the U.S. through July. The total is more than double the $249.69 billion collected over the same stretch in 2025, according to ETFGI. U.S. ETF assets stood at $15.74 trillion at the end of July. Assets rose 17.3% for the year, climbing from $13.43 trillion at the end of 2025, according to ETFGI. The July total slipped from a record $15.78 trillion set in June.Growth of U.S.-Listed ETF AssetsOverall, ownership of that money remains concentrated. Altogether, the three largest providers control 70.6% of U.S. ETF assets, according to the report. iShares led with $4.53 trillion and a 28.8% share. Vanguard followed closely with $4.51 trillion and a 28.7% share. State Street SPDR ETFs, meanwhile, ranked third with $2.08 trillion, or 13.2% of the market.Active ETFs Draw Record InflowsU.S. active ETFs gathered $63.58 billion in July, lifting year-to-date inflows to $466.79 billion. That total is well above the $263.03 billion collected by the same point in 2025, according to ETFGI. Active ETFs worldwide gathered $590.46 billion this year. U.S. active strategies made up close to 79% of that total. Elsewhere, fixed income ETFs added $30.88 billion in July, bringing year-to-date inflows to $218.05 billion. Commodity ETFs, however, stayed in the red for the year despite an $831.1 million July gain. Year-to-date commodity flows remained negative at $8.2 billion. A year earlier, the category had posted $22.79 billion of inflows over the same stretch, according to ETFGI. The Vanguard S&P 500 ETF (VOO A) led all individual funds. It pulled in $19.66 billion in July and $78.87 billion year-to-date, according to ETFGI’s fund-level data. Next, the State Street SPDR S&P 500 ETF Trust (SPY A-) added $13.55 billion in July. In turn, the iShares Semiconductor ETF (SOXX B) gathered $8.65 billion over the same period. A leveraged bet on chip stocks, the Direxion Daily Semiconductor Bull 3X ETF (SOXL B) added $6.92 billion in July. Still, its year-to-date flows stayed negative at $9.73 billion, according to ETFGI. The swing captures how volatile that corner of the ETF market has been this year. For more news, information, and analysis, visit the Equity ETF Content Hub.

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