Goldman Sachs Forecasts ETFs to Reach Record $2 Trillion in 2026
Goldman Sachs has predicted that US-listed exchange-traded funds (ETFs) will attract over $2 trillion in investments by 2026, marking a significant increase of 40% from the previous year. This projection is based on current trends, with more than $1 trillion already flowing into these funds during the first half of 2026.
The investment bank noted that the ETF market is undergoing a structural shift as investors increasingly use these funds for active management, portfolio construction, thematic exposure, and risk management. Tom Campbell, head of Americas ETF distribution at Goldman Sachs Global Banking & Markets, stated that 'we're now seeing some of the most advanced active management strategies in the markets expressed within the ETF wrapper.'
Active ETFs are driving growth in the market, with more than 35% of ETF inflows in 2026 going into actively managed funds. This trend is largely driven by institutional investors, including pension funds, alongside retail and wealth-management adoption.