Technology and Semiconductor ETFs Dominate with Billions in Fresh Capital

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Issuer League Tables

Note on Flow Volatility: Daily flow outliers may be driven by specialized portfolio rebalancing. With the continued growth of actively managed ETFs, these events occur with greater frequency and often do not align with traditional, scheduled index rebalance dates.

Invesco led all issuers with a substantial $5.12 billion inflow, significantly boosting its year-to-date total to $59.4 billion. SPDR and VanEck also had strong showings, attracting $4.10 billion and $3.38 billion respectively, with VanEck’s daily collection reversing a recent 5-day outflow trend. The industry’s two largest issuers, Vanguard and iShares, gathered more modest net new assets of $1.89 billion and $1.21 billion. On the other end of the spectrum, Roundhill experienced the largest daily redemption of $110.3 million, followed by Direxion with $58.4 million in outflows.

Issuer Flows (Absolute)

Brand AUM 1 Day 5 Day 30 Day YTD 1 Year
Top 5 Leaders
Invesco $948.00B $5.12B $6.53B $7.03B $59.42B $99.53B
SPDR $1,982.23B $4.10B $7.97B $21.02B $91.72B $149.46B
VanEck $155.02B $3.38B ($249.1M) $3.94B $12.98B $22.98B
Vanguard $4,489.94B $1.89B $9.62B $39.90B $307.02B $539.40B
iShares $4,529.06B $1.21B ($4.00B) ($6.53B) $243.45B $476.04B
Top 5 Laggards
Roundhill $35.03B ($110.3M) $1.02B $8.52B $27.59B $32.27B
Direxion $62.41B ($58.4M) $420.5M $5.19B ($9.68B) ($23.94B)
ARK $12.55B ($56.4M) $12.6M ($109.4M) ($849.8M) ($1.31B)
US Commodity Funds $4.58B ($53.8M) ($54.8M) $112.2M $826.0M $1.07B
Global X $92.33B ($50.7M) $49.5M ($429.7M) $11.49B $19.93B

Issuer Flows (Relative to AUM)

Brand AUM 1 Day Flow 1 Day Flow % of AUM
Top 5 Leaders
Hotchkis & Wiley (may be the result of a custom rebalance) $124.8M $120.9M 96.92%
ChinaAMC $52.3M $3.6M 6.96%
TrueShares (may be the result of a custom rebalance) $1.26B $43.6M 3.46%
Nelson $54.3M $1.7M 3.14%
Sparkline $130.4M $3.4M 2.58%
Top 5 Laggards
Sovereign's $86.9M ($9.2M) (10.56%)
Myriad Capital $435.9M ($15.7M) (3.61%)
Euclidean $125.6M ($4.0M) (3.17%)
Procure $595.3M ($18.7M) (3.14%)
$308.7M ($9.3M) (3.01%)

Daily ETF Flow Analysis

ETFs collectively gathered $19.79 billion in net new assets, bringing the year-to-date total past the $1.2 trillion mark. Equity funds were the primary driver, accounting for $17.56 billion of the day’s total, which aligns with their $60.75 billion one-month collection pace. U.S. Large Cap Growth and Information Technology were the standout categories, pulling in a combined $10.89 billion. In contrast, Fixed Income categories saw mixed results, with Corporate and Long-Term Government bond funds experiencing the largest redemptions of $507.9 million and $320.8 million, respectively.

Asset Class Flows

Asset Class AUM 1 Day 1 Week 1 Month YTD 1 Year
Equity $12,139.37B $17.56B $25.04B $60.75B $766.23B $1,285.21B
Fixed Income $2,612.69B $845.0M $6.94B $54.59B $370.44B $603.46B
Commodity $312.13B ($61.4M) $743.3M $1.60B ($5.38B) $27.22B
Alternative $13.32B $102.4M $232.4M $529.7M $3.57B $5.26B
Multi-Asset $39.96B ($20.8M) $167.4M $680.8M $7.40B $12.26B
Currency $2.89B $1.9M ($31.2M) ($60.4M) $614.9M $452.3M
Non-Traditional $471.27B $1.34B $3.56B $16.44B $64.26B $92.48B
Digital Asset $94.46B $23.5M ($64.3M) ($314.5M) ($5.63B) $3.58B
Total $15,686.09B $19.79B $36.59B $134.21B $1,201.51B $2,029.91B

Category Flows (Top/Bottom 10)

Category AUM 1 Day Flow
Top 10 Leaders
Equity: U.S. Large Cap – Growth $1,401.25B $5.56B
Equity: Sector – Information Technology $469.82B $5.33B
Equity: U.S. Large Cap – Blend $4,659.44B $2.07B
Equity: Sector – Financials $104.22B $1.87B
Equity: U.S. Small Cap – Blend $389.04B $807.1M
Non-Traditional: Buffer – Equity $95.33B $597.0M
Equity: U.S. Large Cap – Value $1,097.04B $572.6M
Equity: Global Ex-U.S. Large Cap – Blend $1,130.29B $515.8M
Non-Traditional: Synthetic Income – Equity $192.81B $432.6M
Equity: U.S. Small Cap – Value $125.07B $395.1M
Bottom 10 Laggards
Fixed Income: Taxable – Corporate $179.29B ($507.9M)
Fixed Income: Taxable – Government Long $131.30B ($320.8M)
Equity: Sector – Industrial $89.78B ($264.9M)
Equity: Thematic – Disruptive Tech $100.79B ($169.2M)
Equity: Thematic – Evolving Consumer $13.17B ($90.8M)
Fixed Income: Taxable – High Yield $114.37B ($66.6M)
Commodity: Focused – Energy $4.05B ($58.7M)
Equity: Thematic – Health Innovation $2.90B ($43.5M)
Equity: Sector – Communication Services $29.95B ($31.9M)
Equity: Region – Eurozone $69.69B ($26.6M)

U.S. Size & Style

U.S. Large Cap Growth funds saw immense interest, led by a $4.84 billion inflow into the Invesco QQQ Trust Series I (QQQ). The State Street SPDR S&P 500 ETF (SPY) also added a significant $2.25 billion. Small-cap funds were also in favor, with the iShares Russell 2000 ETF (IWM) collecting $761.4 million and the Avantis U.S. Small Cap Value ETF (AVUV) adding $386.1 million. Conversely, the iShares Core S&P 500 ETF (IVV) registered the day’s largest outflow at $853.8 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
QQQ Invesco QQQ Trust Series I $456.88B $4.84B
SPY State Street SPDR S&P 500 ETF $785.04B $2.25B
IWM iShares Russell 2000 ETF $80.29B $761.4M
VOO Vanguard S&P 500 ETF $984.35B $468.6M
AVUV Avantis U.S. Small Cap Value ETF $30.47B $386.1M
Top 5 Laggards
IVV iShares Core S&P 500 ETF $866.04B ($853.8M)
OEF iShares S&P 100 ETF $19.50B ($217.9M)
IWD iShares Russell 1000 Value ETF $81.24B ($99.9M)
RSP Invesco S&P 500 Equal Weight ETF $97.33B ($64.6M)
MDY State Street SPDR S&P MIDCAP 400 ETF Trust $26.61B ($51.9M)

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Size & Style ex-U.S.

Broad international equity funds led inflows, with the Vanguard Total International Stock ETF (VXUS) gathering $244.9 million and the Vanguard FTSE Developed Markets ETF (VEA) adding $105.6 million. The Hotchkis & Wiley Opportunities Fund ETF (HWO) recorded a $120.9 million inflow (may be the result of a custom rebalance). Outflows were minimal across the category, with the JPMorgan International Research Enhanced Equity ETF (JIRE) seeing the largest redemption of just $28.7 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
VXUS Vanguard Total International Stock ETF $154.96B $244.9M
HWO Hotchkis & Wiley Opportunities Fund ETF (may be the result of a custom rebalance) $121.4M $120.9M
VEA Vanguard FTSE Developed Markets ETF $227.15B $105.6M
VYMI Vanguard International High Dividend Yield ETF $20.65B $91.7M
AVDE Avantis International Equity ETF $17.87B $40.4M
Top 5 Laggards
JIRE JPMorgan International Research Enhanced Equity ETF $10.99B ($28.7M)
EELV Invesco S&P Emerging Markets Low Volatility ETF $422.8M ($8.5M)
BKCI BNY Mellon Concentrated International ETF $129.2M ($2.6M)
FICS First Trust International Developed Capital Strength ETF $213.1M ($2.1M)
EMM Global X Emerging Markets ex-China ETF $54.3M ($2.1M)

Explore the Global (ex-U.S.) Size & Style Explorer →

Sector & Industry

The Information Technology sector was the primary focus of inflows, dominated by a massive $3.48 billion collection for the VanEck Semiconductor ETF (SMH). The iShares Semiconductor ETF (SOXX) also saw strong demand, adding $1.16 billion. Financials were also popular, with the State Street Financial Select Sector SPDR ETF (XLF) pulling in $1.69 billion. In contrast, the State Street Industrial Select Sector SPDR ETF (XLI) led redemptions with a $256.5 million outflow.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SMH VanEck Semiconductor ETF $67.09B $3.48B
XLF State Street Financial Select Sector SPDR ETF $55.66B $1.69B
SOXX iShares Semiconductor ETF $43.80B $1.16B
IGV iShares Expanded Tech-Software Sector ETF $13.22B $640.7M
KRE State Street SPDR S&P Regional Banking ETF $4.33B $207.7M
Top 5 Laggards
XLI State Street Industrial Select Sector SPDR ETF $33.31B ($256.5M)
XLV State Street Health Care Select Sector SPDR ETF $41.93B ($73.5M)
IBB iShares Biotechnology ETF $9.29B ($65.9M)
IYF iShares U.S. Financials ETF $4.55B ($60.8M)
XLC State Street Communication Services Select Sector SPDR ETF $21.65B ($53.8M)

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Region & Country

Flows for country and region-specific funds were mixed and relatively modest. Japan-focused funds saw the most interest, with the JPMorgan BetaBuilders Japan ETF (BBJP) leading inflows at $73.7 million. The iShares MSCI Netherlands ETF (EWN) also gathered a notable $42.7 million. On the other side, India-focused funds saw outflows, led by a $97.9 million redemption from the iShares MSCI India ETF (INDA).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
BBJP JPMorgan BetaBuilders Japan ETF $17.73B $73.7M
EWN iShares MSCI Netherlands ETF $604.1M $42.7M
AIA iShares Asia 50 ETF $4.57B $39.4M
DXJ WisdomTree Japan Hedged Equity Fund $7.29B $35.6M
EWY iShares MSCI South Korea ETF $23.10B $32.4M
Top 5 Laggards
INDA iShares MSCI India ETF $6.50B ($97.9M)
VGK Vanguard FTSE Europe ETF $29.87B ($26.6M)
FLIN Franklin FTSE India ETF $2.71B ($17.6M)
IMVP Invesco India ETF $111.9M ($11.6M)
CHIQ Global X MSCI China Consumer Discretionary ETF $123.1M ($3.2M)

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Thematic

Thematic funds saw net outflows, driven by redemptions from several large funds. The State Street SPDR S&P Homebuilders ETF (XHB) shed $131.1 million, and the Roundhill Magnificent Seven ETF (MAGS) saw outflows of $93.3 million. The iShares A.I. Innovation and Tech Active ETF (BAI) also experienced a significant $75.5 million redemption. Inflows were led by the BNY Mellon Global Infrastructure Income ETF (BKGI), which collected $52.3 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
BKGI BNY Mellon Global Infrastructure Income ETF $1.29B $52.3M
FDN First Trust Dow Jones Internet Index Fund $5.00B $39.6M
XME State Street SPDR S&P Metals & Mining ETF $3.81B $20.6M
TTEQ T. Rowe Price Technology ETF $365.1M $16.6M
MLPX Global X MLP & Energy Infrastructure ETF $3.62B $14.2M
Top 5 Laggards
XHB State Street SPDR S&P Homebuilders ETF $1.69B ($131.1M)
MAGS Roundhill Magnificent Seven ETF $3.58B ($93.3M)
BAI iShares A.I. Innovation and Tech Active ETF $12.73B ($75.5M)
ARKG ARK Genomic Revolution ETF $1.52B ($43.4M)
SKYY First Trust Cloud Computing ETF $2.72B ($20.4M)

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Fixed Income

Fixed income flows showed a divergence in demand across duration and credit quality. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) saw the largest outflow of any fund category at $639.0 million, while the iShares 20+ Year Treasury Bond ETF (TLT) shed $477.3 million. Conversely, demand was present for long-duration corporate credit, with the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) adding $227.0 million. Short-term government debt also saw inflows, as the iShares 0-3 Month Treasury Bond ETF (SGOV) gathered $206.3 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF $2.86B $227.0M
SGOV iShares 0-3 Month Treasury Bond ETF $99.96B $206.3M
VTEB Vanguard Tax-Exempt Bond ETF $45.79B $196.2M
HYG iShares iBoxx $ High Yield Corporate Bond ETF $16.01B $126.7M
SPTL State Street SPDR Portfolio Long Term Treasury ETF $10.56B $119.8M
Top 5 Laggards
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF $33.13B ($639.0M)
TLT iShares 20+ Year Treasury Bond ETF $42.53B ($477.3M)
USHY iShares Broad USD High Yield Corporate Bond ETF $28.85B ($183.4M)
SBIL Simplify Government Money Market ETF $4.98B ($50.2M)
ANGL VanEck Fallen Angel High Yield Bond ETF $3.04B ($44.8M)

Explore the related Explorers: Taxable → · Municipal → · Specialty →

Commodity

Commodity ETFs experienced net outflows of $61.4 million, continuing a trend that has seen the asset class shed $5.38 billion year-to-date. The SPDR Gold Shares (GLD) led redemptions with a $74.8 million outflow, followed by a $50.3 million withdrawal from the United States Oil Fund LP (USO). Inflows were modest and spread across smaller funds, with the iShares Gold Trust Micro ETF of Benef Interest (IAUM) adding the most at $26.4 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IAUM iShares Gold Trust Micro ETF of Benef Interest $6.42B $26.4M
AAAU Goldman Sachs Physical Gold ETF $2.45B $16.1M
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $6.36B $14.8M
PPLT abrdn Physical Platinum Shares ETF $1.87B $11.8M
HGER Harbor Commodity All-Weather Strategy ETF $3.79B $11.2M
Top 5 Laggards
GLD SPDR Gold Shares $132.12B ($74.8M)
USO United States Oil Fund LP $2.17B ($50.3M)
BNO United States Brent Oil Fund LP $644.8M ($7.4M)
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF $2.96B ($7.2M)
DBB Invesco DB Base Metals Fund $359.6M ($5.0M)

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Cryptocurrency

Digital asset products saw a small net inflow of $23.5 million, though this follows a month of net redemptions totaling $314.5 million. The futures-based ProShares Bitcoin ETF (BITO) led the day’s creations with a $24.6 million inflow. Spot bitcoin products saw minor outflows, with the iShares Bitcoin Trust ETF (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) shedding $8.8 million and $2.8 million, respectively.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
BITO ProShares Bitcoin ETF $1.42B $24.6M
ETHA iShares Ethereum Trust ETF $5.63B $11.7M
BSOL Bitwise Solana Staking ETF $628.5M $1.0M
TSUI 21Shares Sui ETF $13.8M $843.2K
XRPZ Franklin XRP ETF $257.1M $592.5K
Top 5 Laggards
IBIT iShares Bitcoin Trust ETF $47.73B ($8.8M)
FBTC Fidelity Wise Origin Bitcoin Fund $11.18B ($2.8M)
BHYP Bitwise Hyperliquid ETF Common Shares of Beneficial Interest $107.3M ($2.2M)
SOLZ Solana ETF $88.8M ($759.1K)
THYP 21Shares Hyperliquid ETF $57.0M ($658.9K)

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Non-Traditional

Leveraged long products tracking technology indices were popular, with the ProShares UltraPro QQQ (TQQQ) adding $332.6 million and the Direxion Daily Semiconductor Bull 3X ETF (SOXL) gathering $140.0 million. Correspondingly, their inverse counterparts saw large redemptions, as the Direxion Daily Semiconductor Bear 3X ETF (SOXS) and ProShares UltraPro Short QQQ (SQQQ) shed $192.3 million and $142.5 million. The Innovator Power Buffer Step-Up Strategy ETF (PSTP) recorded a $132.0 million inflow (may be the result of a custom rebalance).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
TQQQ ProShares UltraPro QQQ $32.10B $332.6M
TSLL Direxion Daily TSLA Bull 2X ETF $3.03B $159.5M
SOXL Direxion Daily Semiconductor Bull 3X ETF $18.81B $140.0M
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $39.24B $138.5M
PSTP Innovator Power Buffer Step-Up Strategy ETF (may be the result of a custom rebalance) $264.1M $132.0M
Top 5 Laggards
SOXS Direxion Daily Semiconductor Bear 3X ETF $1.59B ($192.3M)
SQQQ ProShares UltraPro Short QQQ $2.11B ($142.5M)
SNDQ Tradr 2X Short SNDK Daily ETF (may be the result of a custom rebalance) $120.3M ($68.4M)
MUU Direxion Daily MU Bull 2X ETF $4.53B ($65.7M)
QYLD Global X NASDAQ 100 Covered Call ETF $8.00B ($50.9M)

Explore the related Explorers: Buffer → · Synthetic Income → · Leverage | Inverse →

Recent Launches

Several new funds have debuted in the past week, including a pair from BNY Mellon focused on multi-sector and global fixed income. EA Bridgeway launched the EA Bridgeway Ultra-Small Company Market ETF (BUSM), which has already accumulated $121.9 million in assets. Hotchkis & Wiley also brought two funds to market, including the Hotchkis & Wiley Opportunities Fund ETF (HWO), which has grown to $121.4 million in AUM since its July 22nd inception.

Ticker Name ETF Action Category Inception AUM
BMSI BNY Mellon Muti-Sector Income ETF Unclassified 7/27/2026 $25.0M
MAGA Truth Social America First ETF Equity: U.S. Large Cap – Value 7/27/2026 $31.4M
BGFI BNY Mellon Global Fixed Income ETF Fixed Income: Taxable – Multisector 7/27/2026 $24.0M
BUSM EA Bridgeway Ultra-Small Company Market ETF Equity: U.S. Small Cap – Blend 7/27/2026 $121.9M
RAML Leverage Shares 2X Long Memory Daily ETF Non-Traditional: Leverage | Inverse – Equity 7/23/2026 $488.0K
HWIV Hotchkis & Wiley International Value Fund ETF Equity: Global Ex-U.S. Large Cap – Value 7/22/2026 $508.4K
HWO Hotchkis & Wiley Opportunities Fund ETF Equity: Global Ex-U.S. Small | Mid Cap 7/22/2026 $121.4M
PMTL First Trust Indxx Quality Precious Metals Miners ETF Equity: Thematic – Precious Metals 7/22/2026 $1.0M
AAUB Alpha Architect US Equity 4 ETF Equity: U.S. Large Cap – Blend 7/22/2026 $823.3M
EQQQ Proshares Ultra QQQ Equal Weight ETF Non-Traditional: Leverage | Inverse – Equity 7/21/2026 $3.8K

Disclosures

This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.

Flow data is reported after close on a T+1 basis. This report’s data is as of July 28, 2026, and reflects create/redeem activity from Tuesday, July 28, 2026.

This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.

©2026 ETF Action, Inc. All Rights Reserved. Data provided by FactSet.