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Global ETF assets slip to $22.8tn in September despite $207bn of net inflows

LSEG Lipper put iShares first among promoters at $64.7 billion, with U.S.-domiciled funds drawing $141.6 billion of the month's total.

At a glance

  1. Equity ETFs collected $110.9 billion of that total.
  2. iShares led promoters at $64.7 billion, ahead of Vanguard at $29.3 billion and State Street SPDR at $18.6 billion.
  3. U.S.-domiciled funds drew $141.6 billion, about 68% of the month's global total, against three-quarters in August.

Global ETF assets ended September at $22,830.7 billion, down on the month despite an estimated $207.3 billion of net inflows, LSEG Lipper data reported by ETF Express show.

Equity ETFs collected $110.9 billion of that total. Equity Global ex U.S. was the best-selling Lipper classification at $21.9 billion, followed by Equity U.S. and Equity Global at $21.3 billion apiece.

iShares led promoters at $64.7 billion, ahead of Vanguard at $29.3 billion and State Street SPDR at $18.6 billion. The ten best-selling promoters gathered $148.8 billion between them.

U.S.-domiciled funds drew $141.6 billion, about 68% of the month's global total, against three-quarters in August.

The top three promoters account for roughly $112.6 billion, or 54% of September's flows.

Because global ETF assets ended the month lower despite net inflows of $207.3 billion, September's market losses exceeded the money coming in.

Three promoters took 54% of September's $207bn ETF inflows

iShares drew more than Vanguard and State Street combined

  • All other promoters$94.7BN
  • iShares$64.7BN
  • Vanguard$29.3BN
  • State Street SPDR$18.6BN
Source: LSEG Lipper via ETF Express · Sep 2026
Show as table
ItemValue ($bn)
iShares$64.7BN
Vanguard$29.3BN
State Street SPDR$18.6BN
All other promoters$94.7BN
MetricSeptember 2026
Global ETF AUM (end-September)$22,830.7bn
Estimated net inflows$207.3bn
Equity ETF net inflows$110.9bn
Best-selling classificationEquity Global ex U.S., $21.9bn
Best-selling promoteriShares, $64.7bn
Top 10 promoters combined$148.8bn
Best-selling domicileU.S., $141.6bn

Reported by The Tape desk from ETF Express, citing LSEG Lipper. Published . Corrections

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