{"url":"https://etfiq.com/research/library/ici-2026-investment-company-fact-book/","section":"research","title":"2026 Investment Company Fact Book | ETFIQ","description":"The Investment Company Institute's April 2026 Fact Book puts US ETF net assets at $13.4 trillion across 4,495 funds at year-end 2025. Summary by ETFIQ.","as_of":"Oct 21, 2026","structured_data":[{"@type":"Report","name":"Summary: 2026 Investment Company Fact Book","headline":"2026 Investment Company Fact Book","url":"https://etfiq.com/research/library/ici-2026-investment-company-fact-book/","datePublished":"2026-10-21","dateModified":"2026-10-21","author":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"about":"Fund flows","abstract":"The Investment Company Institute's April 2026 Fact Book puts US ETF net assets at $13.4 trillion across 4,495 funds at year-end 2025.","isBasedOn":"https://www.ici.org/system/files/2026-04/2026-factbook.pdf","citation":{"@type":"ScholarlyArticle","name":"2026 Investment Company Fact Book","url":"https://www.ici.org/system/files/2026-04/2026-factbook.pdf","datePublished":"2026-04-23","publisher":{"@type":"Organization","name":"Investment Company Institute","url":"https://www.ici.org/"},"author":{"@type":"Organization","name":"Investment Company Institute"}},"inLanguage":"en"},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What does the Investment Company Institute paper conclude?","acceptedAnswer":{"@type":"Answer","text":"The Investment Company Institute's April 2026 Fact Book puts US ETF net assets at $13.4 trillion across 4,495 funds at year-end 2025. The paper\u2019s own words are at the link above."}},{"@type":"Question","name":"What does ETFIQ\u2019s data show on the same question?","acceptedAnswer":{"@type":"Answer","text":"From Sep 21, 2026 to Oct 20, 2026, the ETFs ETFIQ can count had a net flow of +$127.9bn, with +$90.1bn for stock ETFs and +$35.7bn for bond ETFs. ETFIQ states both figures and does not reconcile them."}},{"@type":"Question","name":"What is an ETF\u2019s net flow?","acceptedAnswer":{"@type":"Answer","text":"The change in its shares outstanding times its net asset value, summed over the days of a window: money in less money out."}},{"@type":"Question","name":"Where can I read \u201c2026 Investment Company Fact Book\u201d?","acceptedAnswer":{"@type":"Answer","text":"On Investment Company Institute\u2019s own site. ETFIQ summarizes the paper and does not host it."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Research","item":"https://etfiq.com/research/"},{"@type":"ListItem","position":3,"name":"Library","item":"https://etfiq.com/research/library/"},{"@type":"ListItem","position":4,"name":"Investment Company Institute","item":"https://etfiq.com/research/library/ici/"},{"@type":"ListItem","position":5,"name":"2026 Investment Company Fact Book","item":"https://etfiq.com/research/library/ici-2026-investment-company-fact-book/"}]},{"@type":"WebPage","name":"2026 Investment Company Fact Book","description":"The Investment Company Institute's April 2026 Fact Book puts US ETF net assets at $13.4 trillion across 4,495 funds at year-end 2025. Summary by ETFIQ.","url":"https://etfiq.com/research/library/ici-2026-investment-company-fact-book/","dateModified":"2026-10-21","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4925,"truncated":false,"content":"ETFIQ / Research / Library / Investment Company Institute / 2026 Investment Company Fact Book \n \n Published Apr 23, 2026 by Investment Company Institute. Summary by ETFIQ as of Oct 21, 2026.\n 2026 Investment Company Fact Book\n The Investment Company Institute's April 2026 Fact Book puts US ETF net assets at $13.4 trillion across 4,495 funds at year-end 2025. \n Investment Company Institute \u00b7 Industry body \u00b7 Read the full paper at Investment Company Institute \u2197 \n What it says\n Figures as stated by Investment Company Institute, Apr 23, 2026\n The Investment Company Institute says US ETFs held 70% of global ETF net assets, which totaled $19.2 trillion. (ICI, p. 58)\n The Investment Company Institute counts $6.6 trillion of net ETF share issuance across the last 10 years. (ICI, p. 57)\n Investment Company Institute data show large-cap US stock ETFs with $5.0 trillion, 38% of the total, and bond ETFs with $2.2 trillion. (ICI, p. 58)\n ETFs held 30% of the assets US investment companies managed at the close of 2025, the Investment Company Institute says. (ICI, p. 12)\n The Investment Company Institute finds ETFs averaged 28% of overall stock market trading in 2025, down from a 32% share in 2022. (ICI, p. 27)\n The ETFIQ take\n ETFIQ data to Oct 20, 2026 \u00b7 the 746 of 4,807 ETFs ETFIQ covers with a daily figure, Sep 21, 2026 to Oct 20, 2026\n Investment Company Institute reports US ETF net assets of $13.4 trillion across 4,495 funds at year-end 2025. From Sep 21, 2026 to Oct 20, 2026, the ETFs ETFIQ can count had a net flow of +$127.9bn, with +$90.1bn for stock ETFs and +$35.7bn for bond ETFs.\n +$127.9bn net flow, Sep 21, 2026 to Oct 20, 2026, summed over the 746 of 4,807 ETFs ETFIQ covers with a daily figure , Oct 20, 2026. ETFIQ \n +$461.8bn net flow, Jan 2, 2026 to Oct 20, 2026, summed over the 713 of 4,807 ETFs ETFIQ covers with a daily figure , Oct 20, 2026. ETFIQ \n +$90.1bn net flow into stock ETFs, Sep 21, 2026 to Oct 20, 2026, over the 322 of 1,739 with a daily figure , Oct 20, 2026. ETFIQ \n +$35.7bn net flow into bond ETFs, Sep 21, 2026 to Oct 20, 2026, over the 204 of 833 with a daily figure , Oct 20, 2026. ETFIQ \n\n Paper: US ETFs and other US-registered funds, year-end 2025. ETFIQ: the 746 of 4,807 ETFs ETFIQ covers with a daily figure, Sep 21, 2026 to Oct 20, 2026. Net flow is the change in shares outstanding times the day\u2019s NAV, summed over the days in the window, for the funds with a daily figure. The two sets and windows differ; the figures are stated, not reconciled. Method Data \n\n Related ETFs\n The largest ETFs ETFIQ covers, by net assets\n VOO Vanguard S&P 500 ETF: +16.5%\n IVV iShares Core S&P 500 ETF: +16.5%\n SPY SPDR S&P 500 ETF Trust: +16.4%\n VTI Vanguard Morningstar Total Stock Market ETF: +15.9%\n QQQ Invesco QQQ Trust, Series 1: +19.2%\n VUG Vanguard Morningstar Growth ETF: +11.2%\n Figure: total return, 1 year, to Oct 21, 2026, from each fund\u2019s page. All 4,807 ETFs in the screener \u2192 \n Related papers\n J.P. Morgan Asset Management \u00b7 Issuer \u00b7 Oct 15, 2026 \u00b7 ETFIQ take\n Guide to ETFs \n J.P. Morgan Asset Management's October 2026 Guide to ETFs counts 5,677 U.S. ETFs holding $16.3 Tn, with data through September 30, 2026.\n Flows Bonds Read the paper \u2197 \n First Trust \u00b7 Issuer \u00b7 Oct 7, 2026 \u00b7 ETFIQ take\n ETF Data Watch \n First Trust's October 2026 flows monitor shows US-listed ETFs took in $139.9 billion of net inflows in September, lifting total assets to $15.9 trillion.\n Flows Bonds Income Read the paper \u2197 \n First Trust \u00b7 Issuer \u00b7 Sep 8, 2026 \u00b7 ETFIQ take\n ETF Data Watch Flier - September 2026 \n First Trust's September 2026 flows monitor counts $179.6 billion of net new money into US-listed ETFs during August, lifting their assets to $16.1 trillion.\n Flows Bonds Income Read the paper \u2197 \n All 16 papers on flows \u2192 \n Questions people ask\n What does the Investment Company Institute paper conclude? The Investment Company Institute's April 2026 Fact Book puts US ETF net assets at $13.4 trillion across 4,495 funds at year-end 2025. The paper\u2019s own words are at the link above. What does ETFIQ\u2019s data show on the same question? From Sep 21, 2026 to Oct 20, 2026, the ETFs ETFIQ can count had a net flow of +$127.9bn, with +$90.1bn for stock ETFs and +$35.7bn for bond ETFs. ETFIQ states both figures and does not reconcile them. What is an ETF\u2019s net flow? The change in its shares outstanding times its net asset value, summed over the days of a window: money in less money out. Where can I read \u201c2026 Investment Company Fact Book\u201d? On Investment Company Institute\u2019s own site. ETFIQ summarizes the paper and does not host it. ETFIQ, 2026 Investment Company Fact Book (Investment Company Institute), summary and ETFIQ take, as of Oct 21, 2026. https://etfiq.com/research/library/ici-2026-investment-company-fact-book/ Free to use with attribution . Open data \n Summary by ETFIQ. ETFIQ is not affiliated with Investment Company Institute; logos identify the source.","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, 2026 Investment Company Fact Book (Investment Company Institute), summary and ETFIQ take, as of Oct 21, 2026. https://etfiq.com/research/library/ici-2026-investment-company-fact-book/"}