Active ETFs capture 42% of dollar flow into ETFs, up from 26%

Active ETFs are punching well above their weight. Despite representing roughly 13% of total ETF assets under management, actively managed exchange-traded funds are now capturing more than four out of every ten dollars flowing into the ETF market, a sharp jump from 26% in 2024. The numbers behind the boom In 2025, active ETFs posted record inflows of approximately $450 billion to $460 billion. That represented roughly one-third of the $1.46 trillion in total ETF flows for the year, a meaningful step up from their 26% share in 2024. By 2026, active ETFs are capturing approximately 38% of total flows, according to data from JPMorgan. US-listed ETF inflows overall are projected to surpass $2 trillion this year, with more than 35% expected to land in active strategies. The total ETF market sits at roughly $16.1 trillion in AUM. Active funds manage about 13% of that pile. Active ETFs have accounted for more than 80% of new ETF debuts. As of mid-2026, actively managed ETFs have strung together 74 consecutive months of positive inflows globally. Why the shift is happening now The appeal of active ETFs boils down to a few converging forces. First, tax efficiency. The ETF structure uses an i...