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Most bought exchange traded funds (ETFs) this tax year

Investing in ETFs has soared in popularity, but why and where are ETF investors choosing to put their money?
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Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Investing in exchange traded funds (ETFs) has soared in popularity among HL investors over the past year.

Since the end of the 2023/24 tax year, the number of ETF buys has risen by 66%.

What are ETFs?

An exchange traded fund is a basket of investments that usually includes shares or bonds. They tend to track the performance of an index, like the FTSE 100, and trade like shares on stock exchanges. This means their prices fluctuate throughout the day.

Firstly, the built-in diversification that comes with investing across markets and sectors is attractive.

Secondly, ETFs can be easier to understand than other investment options. For example, most are simple trackers, which mean they try to match the performance of a market rather than beat it.

And lastly, because most ETFs don’t try to beat the market, it means they don’t need active fund managers and extensive research teams. That means their ongoing charges are typically much lower than regular funds.

All this makes them a strong option for investors looking for a lower-cost, and normally more simple investment.

But, where were our ETF investors putting their money this tax year?

This article has been written independently of our investment research team to offer some inspiration but isn't personal advice, or a guide on how or where to invest.

If you’re not sure if an investment’s right for you, ask for financial advice. Investments can fall as well as rise in value, so you could get back less than you invest.

Where were our ETF clients investing this tax year?

The tables below show the most bought ETFs by HL's investors this tax year.

This is by number of trades (minus any sales) and without any investments by monthly direct debit.

ETFs typically operate as either accumulation (any income is reinvested into the ETF – usually designated by ‘acc’ as part of their name) or distributing units (any income is paid out to the investors).

How to pick investments

Investing in ETFs isn’t right for everyone. Investors should only invest if the ETF’s objectives are aligned with their own, and there’s a specific need for the type of investment being made. You should understand the specific risks before investing, and make sure any new investment forms part of a diversified portfolio.

As ETFs trade like shares, both a buy and sell instruction will be subject to share dealing charges within your HL account, except online in a Junior ISA.

If you're looking for some ETF inspiration from our investment research team, take a look at our 5 ETFs to watch for 2025 and beyond.

Or if you’d prefer to invest in a fund, you can use our Wealth Shortlist.

It's designed to help investors build and maintain a well-balanced and diversified portfolio. We've put funds under the microscope to make sure the list only contains the funds that our in-depth analysis shows have the greatest long-term performance potential.

Tax year and special offers end 5 April – there’s still time

Are you planning on taking advantage of your allowances before the deadline?

It's quick and easy to open or top up our award-winning Self Invested Personal Pension (SIPP) and Stocks & Shares ISA in just a few minutes.

There’s still time to secure your allowance and take advantage of our special offers, available to new and existing clients.

Add money by 5 April and you could qualify for our cash prize draw. Or register for our cashback offers. Terms apply.

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Written by
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Matthew Davies
Investment Writer & Client Outcomes Analyst

Matt is part of HL’s Editorial team, supporting writers and producing content for our News & Insights section. He joined HL in 2019 in the Operations department before moving to our Client Services teams to deal directly with client communications.

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Article history
Published: 2nd April 2025