SPDR Leads Issuers with Over $5 Billion as Gold and Crypto Funds See Strong Demand

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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.

SPDR led all issuers with a significant $5.07 billion daily inflow, pushing its year-to-date total to $106.85 billion. Fidelity and Vanguard also posted strong results, attracting $1.97 billion and $1.86 billion, respectively, continuing their robust 30-day collection trends. On the other end of the spectrum, Invesco saw the largest net redemptions at $148.1 million, a modest outflow compared to its $22.73 billion 30-day intake. Leverage Shares experienced outflows of $60.1 million, which was the third-largest daily redemption as a percentage of assets under management (may be the result of a custom rebalance).

Issuer Flows (Absolute)

Brand AUM 1 Day 5 Day 30 Day YTD 1 Year
Top 5 Leaders
SPDR $2,080.36B $5.07B $13.01B $24.35B $106.85B $167.73B
Fidelity $145.24B $1.97B $3.20B $6.24B $25.62B $39.49B
Vanguard $4,672.10B $1.86B $11.07B $49.66B $345.85B $547.10B
Avantis $151.51B $1.21B $2.38B $6.51B $36.69B $48.16B
iShares $4,690.02B $968.9M $8.35B $17.12B $268.41B $475.61B
Top 5 Laggards
Invesco $999.06B ($148.1M) $5.23B $22.73B $74.22B $106.76B
BondBloxx $8.07B ($115.0M) ($84.5M) $109.2M $1.15B $2.68B
Direxion $65.63B ($66.3M) ($1.45B) ($267.2M) ($10.43B) ($20.56B)
Innovator $36.36B ($62.7M) ($14.8M) $429.7M $3.95B $5.44B
Leverage Shares (may be the result of a custom rebalance) $2.31B ($60.1M) $1.3M $139.1M $1.76B $2.88B

Issuer Flows (Relative to AUM)

Brand AUM 1 Day Flow 1 Day Flow % of AUM
Top 5 Leaders
RiverNorth $69.0M $12.5M 18.12%
Gotham $1.17B $151.7M 12.95%
Alger $3.06B $267.5M 8.75%
Fundstrat $5.39B $388.7M 7.22%
Tradr $5.75B $336.7M 5.85%
Top 5 Laggards
Nelson $59.2M ($2.9M) (4.95%)
CapForce $91.7M ($3.7M) (4.05%)
Leverage Shares (may be the result of a custom rebalance) $2.31B ($60.1M) (2.60%)
BondBloxx $8.07B ($115.0M) (1.43%)
REX-Osprey $123.6M ($1.4M) (1.12%)

Daily ETF Flow Analysis

ETFs collectively gathered $16.70 billion in net new assets, contributing to a year-to-date total of $1.36 trillion. Equity funds were the primary driver, pulling in $11.46 billion, followed by Fixed Income with a solid $2.55 billion intake. Notably, Commodity funds saw substantial interest with $1.06 billion in new assets, while Digital Asset products also had a strong day, adding $713.8 million. The U.S. Large Cap – Blend category was the day’s clear winner, attracting $6.94 billion, whereas the Sector – Financials category faced the heaviest redemptions, shedding $689.9 million.

Asset Class Flows

Asset Class AUM 1 Day 1 Week 1 Month YTD 1 Year
Equity $12,659.96B $11.46B $39.11B $118.84B $860.17B $1,331.70B
Fixed Income $2,661.44B $2.55B $12.94B $52.98B $415.46B $609.71B
Commodity $346.25B $1.06B $3.18B $8.90B $1.36B $31.91B
Alternative $13.58B $24.7M $137.9M $599.0M $3.92B $4.99B
Multi-Asset $42.10B $49.2M $206.5M $1.15B $8.44B $12.63B
Currency $2.67B ($3.5M) ($29.3M) ($270.5M) $382.7M $352.2M
Non-Traditional $499.15B $861.9M $984.7M $10.25B $69.48B $97.52B
Digital Asset $101.89B $713.8M $1.13B $2.25B ($3.58B) $3.08B
Total $16,327.03B $16.70B $57.67B $194.70B $1,355.62B $2,091.90B

Category Flows (Top/Bottom 10)

Category AUM 1 Day Flow
Top 10 Leaders
Equity: U.S. Large Cap – Blend $4,881.24B $6.94B
Equity: U.S. Large Cap – Value $1,140.64B $1.24B
Commodity: Focused – Precious Metals $309.72B $984.0M
Fixed Income: Taxable – Government Ultrashort $275.22B $712.7M
Equity: U.S. Large Cap – Growth $1,487.87B $636.5M
Equity: U.S. Mid Cap – Blend $456.55B $606.0M
Equity: Sector – Information Technology $467.02B $605.1M
Fixed Income: Taxable – Government Intermediate $132.31B $597.3M
Non-Traditional: Synthetic Income – Equity $202.27B $586.5M
Equity: Global Ex-U.S. Large Cap – Blend $1,180.03B $584.0M
Bottom 10 Laggards
Equity: Sector – Financials $102.23B ($689.9M)
Fixed Income: Taxable – Short-Term $170.90B ($603.7M)
Fixed Income: Taxable – Corporate $181.63B ($393.7M)
Fixed Income: Taxable – High Yield $117.23B ($240.8M)
Equity: Sector – Industrial $89.07B ($211.2M)
Equity: U.S. Small Cap – Value $128.40B ($77.9M)
Equity: Sector – Consumer Discretionary $32.36B ($75.5M)
Equity: Global Large Cap – Blend $174.48B ($75.3M)
Equity: Global Ex-U.S. Small | Mid Cap $70.43B ($61.8M)
Non-Traditional: Synthetic Income – Single Stock $7.46B ($60.1M)

U.S. Size & Style

U.S. Large Cap Blend funds dominated inflows, led by a massive $4.81 billion collection for the State Street SPDR S&P 500 ETF (SPY) and a $1.58 billion intake for the Vanguard S&P 500 ETF (VOO). The Avantis U.S. Large Cap Value ETF (AVLV) also stood out with a $1.07 billion inflow. Conversely, the Vanguard Morningstar Value ETF (VTV) saw the largest redemption of the group at $776.5 million, followed by a $625.0 million outflow from the Invesco S&P 500 Quality ETF (SPHQ).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SPY State Street SPDR S&P 500 ETF $824.91B $4.81B
VOO Vanguard S&P 500 ETF $1,039.46B $1.58B
AVLV Avantis U.S. Large Cap Value ETF $20.18B $1.07B
FSMD Fidelity Small-Mid Multifactor ETF $3.18B $604.5M
QQQM Invesco NASDAQ 100 ETF $104.38B $383.2M
Top 5 Laggards
VTV Vanguard Morningstar Value ETF $193.48B ($776.5M)
SPHQ Invesco S&P 500 Quality ETF $19.10B ($625.0M)
VTI Vanguard Morningstar Total Stock Market ETF $690.48B ($268.5M)
JGRO JPMorgan Active Growth ETF $9.93B ($266.8M)
QQQ Invesco QQQ Trust Series I $488.84B ($250.6M)

Explore the U.S. Size & Style Explorer →

Size & Style ex-U.S.

Broad international equity funds led inflows, with the Vanguard Total International Stock ETF (VXUS) attracting $285.1 million. The Schwab International Equity ETF (SCHF) also saw healthy demand, adding $185.1 million. Outflows were concentrated in more niche strategies, headlined by a $183.1 million redemption from the iShares Currency Hedged MSCI EAFE ETF (HEFA). The iShares MSCI EAFE Small-Cap ETF (SCZ) also experienced a notable outflow of $51.7 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
VXUS Vanguard Total International Stock ETF $163.18B $285.1M
SCHF Schwab International Equity ETF $68.70B $185.1M
FIVA Fidelity International Value Factor ETF $755.1M $139.1M
ACWX iShares MSCI ACWI ex U.S. ETF $12.37B $61.6M
FNDF Schwab Fundamental International Equity ETF $25.76B $55.0M
Top 5 Laggards
HEFA iShares Currency Hedged MSCI EAFE ETF $7.46B ($183.1M)
SCZ iShares MSCI EAFE Small-Cap ETF $13.19B ($51.7M)
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund $238.2M ($16.0M)
DFIS Dimensional International Small Cap ETF $5.86B ($14.9M)
EWX State Street SPDR S&P Emerging Markets Small Cap ETF $679.7M ($14.3M)

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

Sector & Industry

Semiconductor funds were in high demand, with the iShares Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (SMH) pulling in a combined $564.0 million. The State Street SPDR S&P Biotech ETF (XBI) also saw a strong inflow of $241.5 million. In contrast, Financials faced significant redemptions, as seen in the $303.9 million outflow from the State Street SPDR S&P Regional Banking ETF (KRE) and the $270.1 million exit from the State Street Financial Select Sector SPDR ETF (XLF).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SOXX iShares Semiconductor ETF $42.37B $311.8M
SMH VanEck Semiconductor ETF $66.68B $252.2M
XBI State Street SPDR S&P Biotech ETF $11.83B $241.5M
XLP State Street Consumer Staples Select Sector SPDR ETF $15.05B $108.1M
IGV iShares Expanded Tech-Software Sector ETF $14.14B $92.5M
Top 5 Laggards
KRE State Street SPDR S&P Regional Banking ETF $4.08B ($303.9M)
XLF State Street Financial Select Sector SPDR ETF $56.04B ($270.1M)
XLV State Street Health Care Select Sector SPDR ETF $45.62B ($254.7M)
XLI State Street Industrial Select Sector SPDR ETF $33.74B ($209.2M)
XNTK State Street SPDR NYSE Technology ETF $1.99B ($203.4M)

Explore the Sector & Industry Explorer →

Region & Country

Country-specific flows were relatively light, with Canada-focused funds leading the day. The iShares MSCI Canada ETF (EWC) was the top gatherer, adding $74.2 million. Japan and Taiwan also saw modest inflows via the Franklin FTSE Japan ETF (FLJP) and Franklin FTSE Taiwan ETF (FLTW), which collected $24.1 million and $19.9 million, respectively. Outflows were led by a $59.0 million redemption from the iShares Latin America 40 ETF (ILF).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
EWC iShares MSCI Canada ETF $6.86B $74.2M
FLJP Franklin FTSE Japan ETF $4.02B $24.1M
FLTW Franklin FTSE Taiwan ETF $3.53B $19.9M
VPL Vanguard FTSE Pacific ETF $8.44B $9.0M
VGK Vanguard FTSE Europe ETF $31.15B $6.9M
Top 5 Laggards
ILF iShares Latin America 40 ETF $3.62B ($59.0M)
CQQQ Invesco China Technology ETF $3.09B ($24.8M)
KWEB KraneShares CSI China Internet ETF $5.33B ($11.7M)
DAX Global X DAX Germany ETF $227.4M ($8.9M)
EWM iShares MSCI Malaysia ETF $316.5M ($6.4M)

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Thematic

The State Street SPDR S&P Metals & Mining ETF (XME) was the standout thematic leader, attracting $169.7 million in new assets. Artificial intelligence themes also garnered interest, with the Alger AI Enablers & Adopters ETF (ALAI) adding $81.5 million. On the redemption side, the iShares U.S. Thematic Rotation Active ETF (THRO) saw the largest outflow at $120.3 million, while the VanEck Gold Miners ETF (GDX) shed $38.8 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
XME State Street SPDR S&P Metals & Mining ETF $4.68B $169.7M
ALAI Alger AI Enablers & Adopters ETF $814.9M $81.5M
ARKG ARK Genomic Revolution ETF $1.92B $47.7M
ARKK ARK Innovation ETF $6.41B $45.8M
WQTM WisdomTree Quantum Computing Fund $357.1M $31.5M
Top 5 Laggards
THRO iShares U.S. Thematic Rotation Active ETF $6.75B ($120.3M)
GDX VanEck Gold Miners ETF $30.12B ($38.8M)
IGE iShares North American Natural Resources ETF $771.4M ($29.4M)
KOMP State Street SPDR S&P Kensho New Economies Composite ETF $2.75B ($25.1M)
MAGS Roundhill Magnificent Seven ETF $4.18B ($24.3M)

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Fixed Income

A distinct rotation occurred within fixed income, as investors moved out of corporate credit and into government debt. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) experienced the day’s largest outflow of any fund at $991.0 million, followed by a $566.6 million redemption from the Vanguard Short-Term Corporate Bond ETF (VCSH). In contrast, the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) bucked the trend with a $765.4 million inflow, while the Vanguard Intermediate-Term Treasury ETF (VGIT) added $275.1 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
VCIT Vanguard Intermediate-Term Corporate Bond ETF $69.12B $765.4M
VGIT Vanguard Intermediate-Term Treasury ETF $43.20B $275.1M
PAAA PGIM AAA CLO ETF $12.04B $270.0M
GOVT iShares U.S. Treasury Bond ETF $44.41B $268.2M
IQMM ProShares GENIUS Money Market ETF $18.59B $252.2M
Top 5 Laggards
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF $32.98B ($991.0M)
VCSH Vanguard Short-Term Corporate Bond ETF $44.59B ($566.6M)
HYG iShares iBoxx $ High Yield Corporate Bond ETF $17.58B ($207.0M)
SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF $10.53B ($149.8M)
CORP PIMCO Investment Grade Corporate Bond Index ETF $1.46B ($138.2M)

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

Commodity

Precious metals funds drove a strong day for the commodity asset class, which collected over $1.0 billion in total. The SPDR Gold Shares (GLD) led all funds with a $613.7 million inflow, significantly boosting its year-to-date total. Other gold products also saw robust demand, including a $151.0 million intake for the iShares Gold Trust (IAU) and a $70.6 million addition for the SPDR Gold Minishares Trust of beneficial interest (GLDM). Outflows from the category were minimal, led by an $11.8 million redemption from the United States Copper Index Fund (CPER).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
GLD SPDR Gold Shares $148.97B $613.7M
IAU iShares Gold Trust $65.65B $151.0M
GLDM SPDR Gold Minishares Trust of beneficial interest $31.00B $70.6M
SIVR abrdn Physical Silver Shares ETF $4.37B $45.1M
IAUM iShares Gold Trust Micro ETF of Benef Interest $7.74B $35.6M
Top 5 Laggards
CPER United States Copper Index Fund $733.2M ($11.8M)
UNG United States Natural Gas Fund LP $510.8M ($9.1M)
DBB Invesco DB Base Metals Fund $373.8M ($5.1M)
DBC Invesco DB Commodity Index Tracking Fund $1.85B ($4.6M)
OILK ProShares K-1 Free Crude Oil ETF of Benef Interest $239.0M ($2.7M)

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Cryptocurrency

Digital asset products saw broad-based inflows totaling $713.8 million, helping to pare year-to-date outflows. Bitcoin funds were the primary beneficiaries, with the iShares Bitcoin Trust ETF (IBIT) leading the pack with a $284.7 million collection. Ethereum-focused funds also had a strong showing, as the iShares Ethereum Trust ETF (ETHA) attracted $122.1 million. Redemptions were very small in comparison, with the Grayscale Solana Staking ETF (GSOL) seeing the largest outflow at just $3.1 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IBIT iShares Bitcoin Trust ETF $51.60B $284.7M
ETHA iShares Ethereum Trust ETF $6.52B $122.1M
ARKB ARK 21Shares Bitcoin ETF $2.38B $77.7M
FBTC Fidelity Wise Origin Bitcoin Fund $11.84B $62.4M
FETH Fidelity Ethereum Fund ETF $1.05B $36.5M
Top 5 Laggards
GSOL Grayscale Solana Staking ETF $104.8M ($3.1M)
THYP 21Shares Hyperliquid ETF $63.7M ($2.0M)
SSK REX-Osprey SOL + Staking ETF $73.6M ($1.4M)
BETE ProShares Bitcoin & Ether Equal Weight ETF $7.4M ($332.4K)
BTRN Global X Bitcoin Trend Strategy ETF $756.1K ($47)

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Non-Traditional

Leveraged long equity products were among the most popular non-traditional strategies, with the ProShares UltraPro QQQ (TQQQ) gathering $176.4 million. The Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) also saw a significant inflow of $98.0 million. On the other side of the ledger, the Direxion Daily Semiconductor Bear 3X ETF (SOXS) shed $96.5 million. The YieldMax MRNA Option Income Strategy ETF (MRNY) recorded the second-largest outflow at $80.6 million.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
TQQQ ProShares UltraPro QQQ $36.32B $176.4M
MQQQ Tradr 2X Long Innovation 100 Monthly ETF $321.9M $98.0M
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $41.40B $94.3M
DIVN Horizon Dividend Income ETF $407.8M $89.8M
SOXL Direxion Daily Semiconductor Bull 3X ETF $19.92B $78.2M
Top 5 Laggards
SOXS Direxion Daily Semiconductor Bear 3X ETF $1.31B ($96.5M)
MRNY YieldMax MRNA Option Income Strategy ETF $186.6M ($80.6M)
BJUN Innovator U.S. Equity Buffer ETF – June $257.5M ($63.4M)
SPXU ProShares UltraPro Short S&P500 $442.5M ($53.1M)
SPXL Direxion Daily S&P 500 Bull 3X ETF $6.97B ($43.6M)

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

Recent Launches

A wave of new funds debuted, with a strong emphasis on thematic and non-traditional strategies. Amplify launched a suite of ‘Top 10’ focused ETFs, including the Amplify Top 10 Space ETF (XWNG) and the Amplify Top 10 Quantum ETF (XQBT). Issuers also expanded their Asia-focused technology offerings, with the launch of the xETFs Korea AI Semiconductor ETF (KSMH) and the KraneShares Asia AI Technology ETF (KAIT). Additionally, Leverage Shares and FT Vest added to the single-stock leveraged and synthetic income categories.

Ticker Name ETF Action Category Inception AUM
XWNG Amplify Top 10 Space ETF Equity: Thematic – Industrial Revolution 8/19/2026 $489.6K
KSMH xETFs Korea AI Semiconductor ETF Equity: Region – Country Specific 8/19/2026 $480.9K
KAIT KraneShares Asia AI Technology ETF Equity: Thematic – Disruptive Tech 8/19/2026 $2.4M
FLEL Leverage Shares 2X Long FLEX Daily ETF Non-Traditional: Leverage | Inverse – Single Stock 8/19/2026 $131.9K
FIXX Leverage Shares 2X Long FIX Daily ETF Non-Traditional: Leverage | Inverse – Single Stock 8/19/2026 $142.5K
MUG Leverage Shares 2X Long MU Daily ETF Non-Traditional: Leverage | Inverse – Single Stock 8/19/2026 $148.7K
XQBT Amplify Top 10 Quantum ETF Equity: Thematic – Disruptive Tech 8/19/2026 $489.8K
ROBX Amplify Top 10 Robotics ETF Equity: Thematic – Industrial Revolution 8/19/2026 $467.7K
AHBM Amplify Top 10 Asia Memory ETF Equity: Thematic – Disruptive Tech 8/19/2026 $470.0K
XVNV FT Vest NVDA & Target Income ETF Non-Traditional: Synthetic Income – Single Stock 8/19/2026 $1.5M

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 August 20, 2026, and reflects create/redeem activity from Thursday, August 20, 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.