U.S. Investors Pour $437 Billion Into ETFs Amid Market Volatility, Trump Tariffs, and S&P 500 Down 1.3%

Despite a volatile market in 2025 marked by trade tensions, tariff policy changes under the Trump administration, bond market stress, and rising inflation expectations, American investors have continued to show strong interest in exchange-traded funds (ETFs). U.S.-listed ETFs have attracted a record $437 billion in new assets so far this year. This inflow has been supported by a resilient earnings season that helped the U.S. stock market recover losses from spring volatility, with the S&P 500 index declining only 1.3% year-to-date. Additionally, ETFs focused on European equities have drawn nearly $12 billion from U.S. investors, indicating renewed interest in international markets amid domestic uncertainties.