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Release: Exchange-Traded Fund Data

ETF Assets and Net Issuance
December 2023

Washington, DC, January 31, 2024—The combined assets of the nation’s exchange-traded funds (ETFs) were $8.09 trillion in December, according to ICI. The Institute’s monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds. 

Statistics contained in the Institute’s monthly ETF report have been obtained from information provided to ICI by exchange-traded funds and commodity funds. Commodity funds are listed in the Domestic (Sector/Industry) category.

Assets of Exchange-Traded Funds by Type
Billions of dollars
  December 2023 November 2023 December 2022
Total Domestic Equity 5,100.2 4,756.2 3,940.4

Domestic (Broad-Based)

4,416.6 4,112.2 3,349.9

Domestic (Sector/Industry)

683.6 644.0 590.5
Global/International Equity 1,321.1 1,257.4 1,105.6
Hybrid 33.5 32.4 30.6
Bond 1,495.6 1,445.5 1,262.9
Commodities 135.0 136.2 137.4
All 8,085.4 7,627.7 6,476.9

Note: Components may not add to the total due to rounding.

Value of Shares Issued and Redeemed by All Exchange-Traded Funds
Billions of dollars
  December 2023 November 2023 YTD 2023 YTD 2022
Gross Issuance 483.9 359.3 3,692.7 3,811.1
Gross Redemptions 356.0 253.9 3,095.4 3,201.9
Net Issuance 127.9 105.4 597.2 609.3

Note: Components may not add to the total due to rounding.

Number of Exchange-Traded Funds by Type
  December 2023 November 2023 December 2022
Total Domestic Equity 1,509 1,493 1,382

Domestic (Broad-Based)

1,077 1,059 952

Domestic (Sector/Industry)

432 434 430
Global/International Equity 794 781 756
Hybrid 70 70 61
Bond 614 612 544
Commodities 122 122 104
All 3,109 3,078 2,847

Highlights: Assets of all exchange-traded funds rose in December by $457.74 billion, or 6.0 percent, to $8.09trillion. Over the past 12 months, ETF assets increased $1608.49 billion, or 24.8 percent. Assets in domestic equity ETFs increased $1,159.77 billion since December 2022, and global equity ETF assets rose $215.51 billion during this period. At the end of December 2023, assets of bond funds were $1495.61 billion and hybrid funds were $33.54 billion and commodity funds were $135.02 billion. 

During December, the value of all ETF shares issued exceeded that of shares redeemed by $127.94 billion. In December 2022, the value of all ETF shares issued exceeded that of shares redeemed by $39.34 billion.

If you have any questions or would like to request additional comments on this or data on another topic, please contact a member of ICI’s Media Relations team at 202-371-5413 or icipubcomm@ici.org.