JPMorgan Asset Management has officially released its Q3 2026 Global ETF Outlook (hereinafter referred to as “the report”). Drawing on more than 30 years of development of the global ETF market, the report delivers trend insights and practical investment guidance to investors from a professional and objective perspective.

The report shows that as of June 30, 2026, total global ETF assets under management reached USD 23 trillion, with the number of ETF products exceeding 15,400. Over the past 15 years, global ETFs have consistently attracted net inflows, driving substantial expansion of the industry. JPMorgan Asset Management forecasts that total global ETF assets could rise further to USD 30 trillion by 2030.

The Asia-Pacific ETF market has registered particularly robust growth. Bloomberg data indicates that the compound annual growth rate (CAGR) of Asia-Pacific ETF assets stood at 26% from early 2016 to end-June 2026. Based on data from Bloomberg and Morningstar, Asia-Pacific ETF assets amounted to USD 2.68 trillion as of June 30, 2026, with the Chinese market accounting for more than 25%, highlighting strong growth potential.

Active ETFs have witnessed explosive growth worldwide in recent years, outpacing passive ETFs by a notable margin and emerging as a key growth driver for the ETF industry. Bloomberg statistics show that active ETFs accounted for 55% of all newly launched ETFs globally in the 12 months ending June 30, 2026; the figure climbed as high as 80% in the United States. As of end-June, there were 3,190 active ETFs listed in the U.S., surpassing passive ETFs and representing 59% of all ETF products.

In terms of asset expansion, Bloomberg data records that global active ETFs reached USD 2.5 trillion as of June 30, 2026, posting a CAGR of 49% since 2016 — far above the 22% growth rate for the overall ETF market. Meanwhile, active ETFs have captured an increasing share of new capital flowing into ETFs in recent years, rising from 9% in 2021 to 37% in the first half of 2026.

Passive ETFs still made up approximately 90% of global ETF assets at the end of Q2 2026, according to Bloomberg. Nonetheless, issuers are gradually shifting resources toward active ETFs, while passive ETFs are increasingly targeting niche segments. Homogenized competition and fee pressures are reshaping the industry landscape.

At the end of 2025, JPMorgan Asset Management held the world’s largest pool of active ETF assets, valued at nearly RMB 1.8 trillion (approximately USD 250 billion). It also ranked first globally in net inflows into active ETFs for two consecutive years in 2024 and 2025, underscoring strong global investor recognition of its active management capabilities.

Source: Shanghai Securities News