On the back of yet another record-breaking year in the exchange-traded fund (ETF) industry, Brown Brothers Harriman (BBH) publishes its global survey capturing how investors are selecting and utilizing ETFs in their portfolios. As we examine findings from our ninth annual survey of ETF trends in the U.S., Europe and Greater China, the tailwinds pushing growth in the ETF market have never been stronger. Through year-end 2021, ETFs broke through $10 trillion in assets under management (AUM) and collected $1.2 trillion in flows, setting new records yet again.1 Much of that was driven by U.S. investors who invested $3 into ETFs for every $1 in mutual funds.2
This year BBH captured responses from 386 ETF investors from the U.S., Europe (including the U.K.) and Greater China to identify key trends and areas of innovation for ETF managers.3 In exploring the findings, it’s evident that ETFs are the tool of choice in portfolio construction for all types of investors.
We have compiled our key findings below, but we encourage readers to download the complete results.