The Australian exchange-traded fund (ETF) market has exceeded $300 billion in assets under management, underscoring the accelerating pace of investor adoption and product innovation across both the ASX and Cboe Australia.
ASX has marked the listing of its 400th ETF – the Global X S&P Australia GARP ETF – as total funds under management climbed from $219 billion in September 2024 to more than $300 billion in September 2025, an increase of over $80 billion.
Over the past five years, ETF assets on ASX have more than quadrupled, rising from $71 billion in 2020, while the number of listed ETFs has nearly doubled from 216 to 400.
Andrew Campion, general manager of investment products and strategy at ASX, said the local investment product market has continued to accelerate as investors seek diversified, cost-effective exposure across asset classes.
“The ASX investment product market is not only expanding but accelerating.
“We’ve seen extraordinary momentum across the exchange-traded fund market, and investors are increasingly using ETFs to access a broad range of investment strategies and asset classes from international equities and fixed income through to alternatives,” he said.
“What previously took years to achieve is now being realised in just months, driven by increasing investor demand, diversified offerings and strong trading volumes.
“As more Australian investors turn to listed investments and with ETFs set to play a leading role in the next generation of portfolios, ASX is proud to play a pivotal role in supporting investors to grow their wealth across the country.”
According to Cboe Australia’s October update, total ETF assets reached $309.8 billion as at 30 September, representing year-on-year growth of 37 per cent. Net flows over the past 12 months totalled $48 billion, with a record $6.3 billion in September alone.
Around half of all ETF assets are now invested in international equities, followed by 25 per cent in domestic equities and 16 per cent in domestic fixed income.
Active ETFs have also gained traction, accounting for around 20 per cent of the market, with 164 active products now available.
Cboe has facilitated nearly 30 per cent of all new ETF listings in 2025 and 50 per cent of new-to-market issuers, reflecting its growing role in expanding investor choice.
Oran D’Arcy, head of listings APAC at Cboe, said: “This momentum reflects a clear appetite from the market to expand the investment universe for Australian investors.
“It’s exciting to support these issuers as they come to market and contribute to a more dynamic and diversified capital landscape.”
Across both exchanges, there are now more than 440 ETFs available to investors, with over 50 new products launched and eight new issuers entering the market this year alone.
As competition intensifies, investors are benefiting from broader access and lower fees – reinforcing Australia’s position as one of the fastest-growing ETF markets globally.
