Europe ETF Monthly Flows Roundup
The latest research and commentary from the EMEA Morningstar Manager Research team
European ETFs continued their strong momentum in May 2026, attracting €38 billion in flows and pushing total assets to €3.2 trillion. While flows moderated slightly from April, investor appetite remained robust; particularly for equities, which accounted for the majority of allocations. A renewed focus on US exposure and technology-driven growth shaped investor behaviour, while bond flows diversified across categories.
Each month, Morningstar analysts break down fund flows by asset class, domicile, and categories. This report tracks shifts in investor preferences as money flows into and out of investment vehicles. This report compliments our Quarterly Europe Open-End and ETF Flows report.