Schwab's ETF Assets Rise 26% in Q2 Amid Market Gains

Charles Schwab's ETF assets rose 26% YoY to $439.7 billion in Q2, driven by market gains and inflows into funds such as Schwab US Dividend Equity ETF and Schwab US Large-Cap ETF. The company's ETF assets also benefited from the addition of one million new brokerage accounts that brought in $80.3 billion. Schwab's total brokerage assets reached $3.4 trillion, up 12% from the previous quarter.

Charles Schwab Corp. (SCHW), one of the leading U.S. ETF issuers, reported a significant increase in its ETF assets during the second quarter of 2025. The company's total ETF assets jumped by 26% year-over-year (YoY) to $439.7 billion, according to a press statement. This growth was fueled by a combination of market gains and substantial inflows into the company's funds.

The company's proprietary ETFs saw a quarter-over-quarter (QoQ) increase of 11% to $398.2 billion, reflecting the broader market trends. Schwab manages 34 ETFs, with notable inflows into the Schwab US Dividend Equity ETF (SCHD) and the Schwab U.S. Large-Cap ETF (SCHX). The SCHD pulled in $1.8 billion during the second quarter, nearly seven times the amount from the same period last year. The SCHX had net inflows of $559.7 million [1].

The surge in ETF assets was also driven by the addition of one million new brokerage accounts, which brought in $80.3 billion. This influx contributed to Schwab's total brokerage assets reaching $3.4 trillion, an increase of 12% from the previous quarter [1].

The overall market conditions also played a significant role in the ETF growth. The S&P 500, as measured by the Vanguard S&P 500 ETF Trust (VOO), gained 11% during the quarter, exiting a brief bear market sparked by President Donald Trump’s tariff wars and rallying on computing, artificial intelligence, and mining companies [1].

The quarter's results were well-received by investors, with Schwab's shares jumping as much as 4.7% on Friday to an intraday record of $97.50. The company reported adjusted earnings per share of $1.14, beating estimates of $1.10 [2].

Charles Schwab's performance reflects broader trends in the ETF industry. Other major ETF issuers, such as Blackrock Inc. (BLK) and State Street Corp. (STT), also saw significant inflows and asset growth during the second quarter [1].

References:

[1] https://finance.yahoo.com/news/charles-schwab-q2-etf-assets-213000853.html
[2] https://www.fxstreet.com/news/the-charles-schwab-corporation-schw-q2-earnings-and-revenues-beat-estimates-202507181413