Active and Index Combined Long-Term Mutual Funds and Exchange-Traded Funds (ETFs): May 2026
Washington, DC; June 30, 2026—The combined assets of the nation’s active mutual funds and ETFs increased by $556.06 billion, or 3.1 percent, to $18.75 trillion in May while the combined assets of the nation’s indexed mutual funds and ETFs increased by $1.00 trillion, or 4.8 percent, to $21.82 trillion in May according to the Investment Company Institute’s official survey of the mutual fund and ETF industry.
Total Net Assets Long-Term Mutual Funds and ETFs*
Billions of dollars
| Active May 2026 |
Index May 2026 |
Index as a % of Total |
|
|---|---|---|---|
| Equity | |||
|
Domestic equity |
8,559.0 | 15,172.6 | 63.9 |
|
World equity |
3,308.0 | 3,439.4 | 51.0 |
| Hybrid | 1,809.7 | 89.2 | 4.7 |
| Bond | 5,068.5 | 3,120.1 | 38.1 |
| Total | 18,745.2 | 21,821.3 | 53.8 |
* Data for funds that invest primarily in other mutual funds were excluded from the series.
Note: Components may not add to the total because of rounding.
Flows of Long-Term Mutual Funds and ETFs*
Millions of dollars
| Active May 2026 |
Active Apr 2026 |
Index May 2026 |
Index Apr 2026 |
|
|---|---|---|---|---|
| Equity | ||||
|
Domestic equity |
-27,032 | -36,220 | 33,209 | 73,689 |
|
World equity |
-4,946 | -40 | 2,205 | 23,530 |
| Hybrid | -2,763 | -4,169 | -428 | -463 |
| Bond | 45,819 | 19,204 | 61,482 | 26,555 |
| Total | 11,079 | -21,225 | 96,469 | 123,312 |
* Data for funds that invest primarily in other mutual funds were excluded from the series.
Note: Components may not add to the total because of rounding.
Highlights: Long-term active funds—equity, hybrid, and bond funds—had a net inflow of $11.08 billion in May versus an outflow of $21.23 billion in April, while long-term index funds had a net inflow of $96.47 billion in May versus an inflow of $123.31 billion in April.
Active funds
Equity funds posted an outflow of $31.98 billion in May, compared with an outflow of $36.26 billion in April. Among equity funds, world equity funds (U.S. funds that invest primarily overseas) posted an outflow of $4.95 billion in May, versus an outflow of $40 million in April. Funds that invest primarily in the United States had an outflow of $27.03 billion in May, versus an outflow of $36.22 billion in April.
Hybrid funds posted an outflow of $2.76 billion in May, compared with an outflow of $4.17 billion in April.
Bond funds had an inflow of $45.82 billion in May, compared with an inflow of $19.20 billion in April.
Index funds
Equity funds posted an inflow of $35.41 billion in May, compared with an inflow of $97.22 billion in April. Among equity funds, world equity funds (U.S. funds that invest primarily overseas) posted an inflow of $2.21 billion in May, versus an inflow of $23.53 billion in April. Funds that invest primarily in the United States had an inflow of $33.21 billion in May, versus an inflow of $73.69 billion in April.
Hybrid funds posted an outflow of $428 million in May, compared with an outflow of $463 million in April.
Bond funds had an inflow of $61.48 billion in May, compared with an inflow of $26.56 billion in April.
Number of Long-Term Mutual Funds and ETFs*
| Active May 2026 |
Active Apr 2026 |
Index May 2026 |
Index Apr 2026 |
|
|---|---|---|---|---|
| Equity | ||||
|
Domestic equity |
4,074 | 3,976 | 1,351 | 1,342 |
|
World equity |
1,493 | 1,494 | 688 | 687 |
| Hybrid | 683 | 681 | 32 | 32 |
| Bond | 2,338 | 2,331 | 501 | 503 |
| Total | 8,588 | 8,482 | 2,572 | 2,564 |
* Data for funds that invest primarily in other mutual funds were excluded from the series.
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