聚焦ETF市场 | 美国最有影响力的出口：并非实物产品？

Core Insights - The article posits that the most influential export of the United States may be the continuous rise of its stock market rather than physical products, highlighting the significant demand for U.S. asset exposure among global investors [2][3]. Group 1: Global ETF Market Overview - The total global ETF assets amount to $16 trillion, with approximately $9.8 trillion focused on the U.S. market, indicating a strong preference for U.S. assets over the past decade [2][3]. - Nearly 70% of global ETF assets are linked to the U.S. market, with only 11% and 16% allocated to Europe and Asia-Pacific, respectively [4][6]. Group 2: Performance of ETFs - The difficulty of outperforming the S&P 500 index is notable, with only about 29% of over 8,000 global stock ETFs outperforming the index in the past year, and a mere 7% doing so over a ten-year period [8]. - U.S.-launched ETFs tracking the S&P 500 dominate in three of the four major regional markets, with Vanguard's S&P 500 ETF leading in the U.S., while BlackRock's iShares ranks first in Europe [8].