ETF securities-lending revenue

Net securities-lending income disclosed in major US ETF fund reports · ranked by yield to fund

Funds tracked

11

Combined AUM

$1.52T

Combined lending income

$195M / yr

Top earner

IWN · 18.8bp

TickerFundAUMNet incomeYield to fundRelative
IWNiShares Russell 2000 ValueiShares$11.5B$21.6M18.8 bp
IWMiShares Russell 2000 ETFiShares$64.0B$92.0M14.4 bp
EEMiShares MSCI Emerging MarketsiShares$17.8B$19.5M11.0 bp
HYGiShares iBoxx High Yield CorporateiShares$16.0B$12.4M7.8 bp
EFAiShares MSCI EAFEiShares$53.4B$14.2M2.7 bp
IJHiShares Core S&P Mid-CapiShares$86.0B$11.6M1.3 bp
XLFSPDR Financial Select SectorSPDR$45.0B$3.1M0.7 bp
AGGiShares Core US Aggregate BondiShares$113.0B$7.1M0.6 bp
IVViShares Core S&P 500iShares$510.0B$9.4M0.2 bp
SPYSPDR S&P 500 ETF TrustSPDR$530.0B$4.5M0.1 bp
GLDSPDR Gold TrustSPDR$72.0B$0.0M0.0 bp

Yield to fund = annualised net lending income ÷ average net assets. Bonds and concentrated small-cap / EM funds consistently generate the highest sec-lending yields; broad large-cap index funds earn very little because the underlying constituents are widely held and easy to source. Figures from each issuer's most recent fiscal year filing.