U.S. ETF assets and net inflows soared in 2021, according to ETFGI, a global independent research and consulting firm covering exchange-traded funds and products.
A record net $919.78 billion flowed into U.S. ETFs and ETPs last year, more than double the prior record set in 2020, lifting total assets to $7.21 trillion, up almost 32% from a year ago. Passive index funds collected 89% of the net new flows for 2021. Those 12 months capped 28 consecutive months of consecutive ETF/ETP inflows.
Equity index products accounted for 60% of the net inflows for 2021 and fixed income index funds (19%). The remainder included active funds (11%), which includes stock and bond ETFs, and commodities (1.2%).