Issuer League Tables
Vanguard led all issuers with a $1.73B inflow, continuing a strong trend that includes $8.45B in the past five days and $299.14B year-to-date. Avantis also had a standout day, gathering $1.63B, which contributes to its $32.00B haul for the year. On the other end of the spectrum, the industry’s largest issuers faced significant redemptions, with Invesco shedding $2.66B, iShares losing $2.56B, and SPDR seeing $2.01B in outflows. On a relative basis, Bahl & Gaynor grew its AUM by 5.73% with a $264.7M inflow, while Wedbush saw the largest relative decline, losing 5.11% of its asset base.
Issuer Flows (Absolute)
| Brand | AUM | 1 Day | 5 Day | 30 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Top 5 Leaders | ||||||
| Vanguard | $4,519.26B | $1.73B | $8.45B | ($5.59B) | $299.14B | $536.93B |
| Avantis | $143.58B | $1.63B | $2.31B | $8.39B | $32.00B | $45.99B |
| Schwab | $589.25B | $401.3M | $1.47B | $7.81B | $38.64B | $60.25B |
| Roundhill | $33.71B | $333.4M | $1.61B | $11.69B | $26.90B | $31.65B |
| Bahl & Gaynor | $4.62B | $264.7M | $274.4M | $320.2M | $2.03B | $2.18B |
| Top 5 Laggards | ||||||
| Invesco | $961.50B | ($2.66B) | ($2.03B) | $4.83B | $50.22B | $93.94B |
| iShares | $4,569.06B | ($2.56B) | ($1.16B) | $67.59B | $244.89B | $481.93B |
| SPDR | $1,979.47B | ($2.01B) | $8.70B | $29.12B | $81.74B | $144.49B |
| VanEck | $158.04B | ($990.6M) | $100.3M | $2.07B | $12.23B | $22.10B |
| Goldman Sachs | $64.25B | ($252.0M) | ($191.2M) | $674.6M | $7.05B | $12.44B |
Issuer Flows (Relative to AUM)
| Brand | AUM | 1 Day Flow | 1 Day Flow % of AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| Clough | $124.5M | $9.9M | 7.97% |
| Bahl & Gaynor | $4.62B | $264.7M | 5.73% |
| Amplius | $275.1M | $14.2M | 5.16% |
| Yoke | $231.0M | $10.8M | 4.68% |
| Towle | $212.1M | $8.4M | 3.97% |
| Top 5 Laggards | |||
| Wedbush | $1.09B | ($55.7M) | (5.11%) |
| US Global | $969.8M | ($36.7M) | (3.78%) |
| Sarmaya Partners | $54.9M | ($2.0M) | (3.65%) |
| Tortoise | $1.96B | ($58.7M) | (3.00%) |
| Warren | $61.2M | ($1.4M) | (2.28%) |
Daily ETF Flow Analysis
The U.S. ETF market recorded a net outflow of $1.94B, a reversal from the positive flows seen over the past week ($32.19B) and month ($183.18B). The day’s redemptions were driven almost entirely by the Equity asset class, which shed $5.24B. In contrast, Fixed Income products attracted $1.50B, and Commodity ETFs added a notable $714.0M. At the category level, Information Technology ($4.37B) and U.S. Large Cap Growth ($3.27B) experienced the most severe outflows, while U.S. Large Cap Value ($949.0M) and Precious Metals ($553.3M) were the most popular destinations for new assets.
Asset Class Flows
| Asset Class | AUM | 1 Day | 1 Week | 1 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity | $12,217.51B | ($5.24B) | $14.50B | $109.79B | $735.56B | $1,271.17B |
| Fixed Income | $2,611.99B | $1.50B | $9.19B | $56.25B | $363.98B | $603.01B |
| Commodity | $311.00B | $714.0M | $2.67B | ($2.41B) | ($5.41B) | $27.53B |
| Alternative | $13.24B | $67.5M | $151.4M | $208.6M | $3.41B | $5.29B |
| Multi-Asset | $39.99B | $95.7M | $50.9M | $754.1M | $7.33B | $12.32B |
| Currency | $2.91B | ($19.9M) | $6.2M | ($10.3M) | $626.2M | $443.8M |
| Non-Traditional | $483.98B | $681.0M | $4.74B | $20.09B | $61.39B | $91.59B |
| Digital Asset | $96.37B | $251.8M | $887.4M | ($1.50B) | ($5.32B) | $5.72B |
| Total | $15,777.00B | ($1.94B) | $32.19B | $183.18B | $1,161.56B | $2,017.08B |
Category Flows (Top/Bottom 10)
| Category | AUM | 1 Day Flow |
|---|---|---|
| Top 10 Leaders | ||
| Equity: U.S. Large Cap – Value | $1,084.67B | $949.0M |
| Commodity: Focused – Precious Metals | $276.64B | $553.3M |
| Equity: Sector – Financials | $103.77B | $437.9M |
| Fixed Income: Taxable – Ultrashort | $198.45B | $403.0M |
| Equity: U.S. Small Cap – Value | $124.41B | $380.6M |
| Equity: Global Ex-U.S. Large Cap – Blend | $1,132.81B | $358.7M |
| Fixed Income: Taxable – Short-Term | $167.99B | $235.0M |
| Equity: Region – Country Specific | $186.73B | $233.3M |
| Equity: Emerging Large Cap | $466.06B | $225.6M |
| Fixed Income: Taxable – Government Ultrashort | $266.76B | $220.1M |
| Bottom 10 Laggards | ||
| Equity: Sector – Information Technology | $482.96B | ($4.37B) |
| Equity: U.S. Large Cap – Growth | $1,439.22B | ($3.27B) |
| Equity: U.S. Large Cap – Blend | $4,691.26B | ($504.2M) |
| Equity: U.S. Small Cap – Blend | $392.10B | ($382.7M) |
| Equity: Global Large Cap – Blend | $168.94B | ($161.7M) |
| Equity: Sector – Health Care | $104.97B | ($98.0M) |
| Fixed Income: Taxable – High Yield | $115.54B | ($71.6M) |
| Equity: Sector – Communication Services | $31.22B | ($66.0M) |
| Equity: Sector – Utilities | $38.68B | ($62.5M) |
| Fixed Income: Taxable – International | $5.90B | ($46.9M) |
U.S. Size & Style
Divergent flows characterized the U.S. size and style categories, with large-cap blend and growth funds seeing major redemptions while value-oriented funds attracted assets. The State Street SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust Series I (QQQ) led outflows, shedding $3.11B and $3.09B, respectively. Conversely, the Vanguard S&P 500 ETF (VOO) bucked the trend with a $1.03B inflow. Value strategies were clear winners, as seen in the $583.0M inflow for the Avantis U.S. Large Cap Value ETF (AVLV) and the $436.2M inflow for the Avantis U.S. Small Cap Value ETF (AVUV).
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| VOO | Vanguard S&P 500 ETF | $993.58B | $1.03B |
| AVLV | Avantis U.S. Large Cap Value ETF | $18.03B | $583.0M |
| RSP | Invesco S&P 500 Equal Weight ETF | $95.97B | $448.9M |
| AVUV | Avantis U.S. Small Cap Value ETF | $30.49B | $436.2M |
| VTI | Vanguard Total Stock Market ETF | $665.79B | $393.6M |
| Top 5 Laggards | |||
| SPY | State Street SPDR S&P 500 ETF | $784.89B | ($3.11B) |
| QQQ | Invesco QQQ Trust Series I | $466.83B | ($3.09B) |
| IWM | iShares Russell 2000 ETF | $81.67B | ($356.1M) |
| GSLC | TR Activebeta US Large Cap Equity ETF | $15.02B | ($242.4M) |
| VTV | Vanguard Value ETF | $186.21B | ($163.2M) |
Explore the U.S. Size & Style Explorer →
Size & Style ex-U.S.
International equity funds saw modest but positive net flows, led by active and strategic-beta strategies. The Avantis Emerging Markets Equity ETF (AVEM) was the top gatherer with a $183.1M inflow, followed closely by the broad-market Vanguard Total International Stock ETF (VXUS) which added $165.1M. The Avantis International Small Cap Value ETF (AVDV) also posted a strong $112.8M inflow. Outflows in this category were minimal, with the largest redemption coming from the Dimensional International Small Cap ETF (DFIS) at just $24.8M.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| AVEM | Avantis Emerging Markets Equity ETF | $26.00B | $183.1M |
| VXUS | Vanguard Total International Stock ETF | $156.11B | $165.1M |
| AVDV | Avantis International Small Cap Value ETF | $18.99B | $112.8M |
| CGXU | Capital Group International Focus Equity ETF | $6.32B | $59.4M |
| FNDF | Schwab Fundamental International Equity ETF | $24.41B | $58.2M |
| Top 5 Laggards | |||
| DFIS | Dimensional International Small Cap ETF | $5.71B | ($24.8M) |
| FEOE | First Eagle Overseas Equity ETF | $1.53B | ($16.1M) |
| EMC | Global X Emerging Markets Great Consumer ETF | $55.9M | ($7.9M) |
| BAIV | Brown Advisory International Value Select ETF | $120.0M | ($2.7M) |
| AADR | AdvisorShares Dorsey Wright ADR ETF | $39.5M | ($2.1M) |
Explore the Global (ex-U.S.) Size & Style Explorer →
Sector & Industry
The sector space was defined by a massive rotation out of technology, particularly semiconductors. The iShares Semiconductor ETF (SOXX) experienced a staggering $2.79B outflow, and the VanEck Semiconductor ETF (SMH) shed $993.4M. In sharp contrast, the State Street Financial Select Sector SPDR ETF (XLF) was the primary beneficiary, attracting $718.2M in new assets. Other sectors like Health Care and Energy also saw positive interest, with the State Street Health Care Select Sector SPDR ETF (XLV) and State Street Energy Select Sector SPDR ETF (XLE) adding $192.3M and $149.2M, respectively.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| XLF | State Street Financial Select Sector SPDR ETF | $55.15B | $718.2M |
| XLV | State Street Health Care Select Sector SPDR ETF | $41.47B | $192.3M |
| XLE | State Street Energy Select Sector SPDR ETF | $38.49B | $149.2M |
| IYR | iShares U.S. Real Estate ETF | $4.66B | $105.5M |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | $22.42B | $51.7M |
| Top 5 Laggards | |||
| SOXX | iShares Semiconductor ETF | $45.76B | ($2.79B) |
| SMH | VanEck Semiconductor ETF | $70.44B | ($993.4M) |
| IXN | iShares Global Tech ETF | $8.60B | ($514.3M) |
| KRE | State Street SPDR S&P Regional Banking ETF | $4.74B | ($250.8M) |
| XBI | State Street SPDR S&P Biotech ETF | $10.33B | ($173.8M) |
Explore the Sector & Industry Explorer →
Region & Country
Country-specific ETFs saw targeted interest, with South Korea leading inflows. The iShares MSCI South Korea ETF (EWY) brought in $293.6M, the largest inflow by a wide margin. China-focused funds also saw demand, with the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) adding $70.0M. On the other side of the ledger, the Franklin FTSE Taiwan ETF (FLTW) recorded the day’s largest regional outflow at $209.8M.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| EWY | iShares MSCI South Korea ETF | $23.86B | $293.6M |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | $1.58B | $70.0M |
| BBJP | JPMorgan BetaBuilders Japan ETF | $17.61B | $52.5M |
| KSTR | KraneShares China Technology & Semiconductor STAR 50 Index ETF | $385.1M | $19.0M |
| FLKR | Franklin FTSE South Korea ETF | $1.30B | $16.4M |
| Top 5 Laggards | |||
| FLTW | Franklin FTSE Taiwan ETF | $2.74B | ($209.8M) |
| EWC | iShares MSCI Canada ETF | $6.02B | ($17.7M) |
| DXJ | WisdomTree Japan Hedged Equity Fund | $7.14B | ($17.5M) |
| HEDJ | WisdomTree Europe Hedged Equity Fund | $1.82B | ($8.5M) |
| CNYA | iShares MSCI China A ETF | $206.7M | ($7.3M) |
Explore the Region & Country Explorer →
Thematic
Flows within thematic ETFs were mixed, with some technology-focused funds gaining assets while others saw redemptions. The Roundhill Memory ETF (DRAM) led all thematic funds with a $177.5M inflow, and the iShares A.I. Innovation and Tech Active ETF (BAI) also attracted a significant $128.9M. Conversely, the Dan IVES Wedbush AI Revolution ETF (IVES) saw the largest outflow at $55.7M. The State Street SPDR S&P Homebuilders ETF (XHB) also gathered a notable $63.6M.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| DRAM | Roundhill Memory ETF | $23.03B | $177.5M |
| BAI | iShares A.I. Innovation and Tech Active ETF | $12.88B | $128.9M |
| XHB | State Street SPDR S&P Homebuilders ETF | $1.67B | $63.6M |
| ARKK | ARK Innovation ETF | $6.16B | $42.8M |
| MGNR | American Beacon GLG Natural Resources ETF | $867.6M | $39.0M |
| Top 5 Laggards | |||
| IVES | Dan IVES Wedbush AI Revolution ETF | $1.03B | ($55.7M) |
| PAVE | Global X U.S. Infrastructure Development ETF | $13.84B | ($40.9M) |
| QTUM | Defiance Quantum ETF | $5.36B | ($36.2M) |
| IGPT | Invesco AI and Next Gen Software ETF | $1.24B | ($34.6M) |
| REMX | VanEck Rare Earth and Strategic Metals ETF | $2.12B | ($18.0M) |
Explore the Thematic Explorer →
Fixed Income
Fixed income ETFs gathered a net $1.50B, with inflows spread across various strategies. The PGIM AAA CLO ETF (PAAA) led the category with a $227.5M inflow, while core holdings like the Vanguard Total Bond Market ETF (BND) added $145.0M. The iShares Dynamic Short-Term Active ETF (CSHP) recorded a $110.5M inflow (may be the result of a custom rebalance). Outflows were concentrated in the high-yield space, where the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and State Street SPDR Bloomberg High Yield Bond ETF (JNK) shed $103.5M and $95.8M, respectively.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| PAAA | PGIM AAA CLO ETF | $10.77B | $227.5M |
| BND | Vanguard Total Bond Market ETF | $160.88B | $145.0M |
| TLT | iShares 20+ Year Treasury Bond ETF | $42.44B | $142.2M |
| CSHP | iShares Dynamic Short-Term Active ETF (may be the result of a custom rebalance) | $110.4M | $110.5M |
| SGOV | iShares 0-3 Month Treasury Bond ETF | $99.13B | $105.6M |
| Top 5 Laggards | |||
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | $16.26B | ($103.5M) |
| JNK | State Street SPDR Bloomberg High Yield Bond ETF | $7.26B | ($95.8M) |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | $34.77B | ($85.5M) |
| SHV | iShares Trust iShares 0-1 Year Treasury Bond ETF | $20.74B | ($63.9M) |
| VTEB | Vanguard Tax-Exempt Bond ETF | $45.46B | ($55.0M) |
Explore the related Explorers: Taxable → · Municipal → · Specialty →
Commodity
Commodity ETFs attracted $714.0M in net new assets, with precious metals and energy leading the charge. SPDR Gold Shares (GLD) was the top performer, pulling in $260.3M, while the iShares Gold Trust (IAU) added $152.4M. The United States Oil Fund LP (USO) also saw strong demand, gathering $128.4M. Redemptions were very light across the category, with the largest being a $25.8M outflow from the United States Copper Index Fund (CPER).
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| GLD | SPDR Gold Shares | $131.28B | $260.3M |
| IAU | iShares Gold Trust | $60.19B | $152.4M |
| USO | United States Oil Fund LP | $2.40B | $128.4M |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | $27.64B | $56.1M |
| SLV | iShares Silver Trust | $28.52B | $42.6M |
| Top 5 Laggards | |||
| CPER | United States Copper Index Fund | $739.1M | ($25.8M) |
| CERY | State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | $993.4M | ($4.0M) |
| DJP | iPath Bloomberg Commodity Index Total Return ETN | $936.6M | ($1.2M) |
| KCCA | KraneShares California Carbon Allowance Strategy ETF | $116.3M | ($852.0K) |
| WEAT | Teucrium Wheat Fund | $302.8M | ($630.5K) |
Explore the Commodities Explorer →
Cryptocurrency
Digital asset ETFs posted a solid day of inflows, collecting a net $251.8M. The iShares Bitcoin Trust ETF (IBIT) continued to dominate the space, attracting $163.9M in new capital. Its ether counterpart, the iShares Ethereum Trust ETF (ETHA), also saw healthy demand with a $52.8M inflow. Outflows were minimal, led by a modest $15.3M redemption from the Fidelity Ethereum Fund ETF (FETH).
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| IBIT | iShares Bitcoin Trust ETF | $49.22B | $163.9M |
| ETHA | iShares Ethereum Trust ETF | $5.54B | $52.8M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | $11.20B | $23.1M |
| ARKB | ARK 21Shares Bitcoin ETF | $2.26B | $9.7M |
| BTC | Grayscale Bitcoin Mini Trust ETF | $3.87B | $6.5M |
| Top 5 Laggards | |||
| FETH | Fidelity Ethereum Fund ETF | $922.6M | ($15.3M) |
| THYP | 21Shares Hyperliquid ETF | $61.1M | ($698.0K) |
| BTRN | Global X Bitcoin Trend Strategy ETF | $1.5M | ($202) |
| BESO | GSR Crypto Core3 ETF | $8.6M | $0 |
| SOEZ | Franklin Solana ETF | $8.7M | $0 |
Explore the Digital Assets Explorer →
Non-Traditional
Activity in non-traditional ETFs was robust, with income and inverse strategies attracting the most assets. The NEOS Nasdaq 100 High Income ETF (QQQI) led inflows with $149.7M, while the ProShares Short QQQ (PSQ) gathered $143.2M. The Roundhill GOOGL WeeklyPay ETF (GOOW) saw a $63.4M inflow (may be the result of a custom rebalance). Conversely, leveraged long funds saw significant redemptions, with ProShares UltraPro QQQ (TQQQ) losing $146.5M and GraniteShares 2x Long NVDA Daily ETF (NVDL) shedding $101.7M.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| QQQI | NEOS Nasdaq 100 High Income ETF | $13.45B | $149.7M |
| PSQ | ProShares Short QQQ | $675.8M | $143.2M |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | $1.61B | $121.8M |
| GOOW | Roundhill GOOGL WeeklyPay ETF (may be the result of a custom rebalance) | $81.4M | $63.4M |
| SPYI | NEOS S&P 500 High Income ETF | $10.71B | $60.4M |
| Top 5 Laggards | |||
| TQQQ | ProShares UltraPro QQQ | $33.40B | ($146.5M) |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $3.58B | ($101.7M) |
| SH | ProShares Short S&P500 | $958.8M | ($57.8M) |
| DIVO | Amplify CWP Enhanced Dividend Income ETF | $7.44B | ($55.7M) |
| SQQQ | ProShares UltraPro Short QQQ | $2.16B | ($42.3M) |
Explore the related Explorers: Buffer → · Synthetic Income → · Leverage | Inverse →
Recent Launches
The most recent fund to launch was the Defiance AI Hyperscale Leaders ETF (AIHY), which debuted on July 20th. Other recent additions include several thematic funds, such as the XFUNDS Memory Income ETF (DRMY) and the KraneShares Photonic and Optical ETF (LUMA). The Texas Precious Metals Trust Y’all Street Physical Gold ETF (YSAU), which launched on July 15th, has already accumulated $10.0M in assets under management.
| Ticker | Name | ETF Action Category | Inception | AUM |
|---|---|---|---|---|
| AIHY | Defiance AI Hyperscale Leaders ETF | Unclassified | 7/20/2026 | $500.0K |
| LOEV | Harding Loevner International Developed Markets Select Equity ETF | Equity: Global Ex-U.S. Large Cap – Blend | 7/20/2026 | $0 |
| DGJL | FT Vest U.S. Equity Buffer & Digital Return ETF | Non-Traditional: Buffer – Equity | 7/17/2026 | $1.5M |
| DRMY | XFUNDS Memory Income ETF | Equity: Thematic – Disruptive Tech | 7/16/2026 | $1.1M |
| LUMA | KraneShares Photonic and Optical ETF | Equity: Thematic – Disruptive Tech | 7/15/2026 | $2.4M |
| YSAU | Texas Precious Metals Trust Y'all Street Physical Gold ETF | Commodity: Focused – Precious Metals | 7/15/2026 | $10.0M |
| GALX | VistaShares Space Supercycle ETF | Equity: Thematic – Industrial Revolution | 7/15/2026 | $926.3K |
| RTOO | VistaShares Robotics Supercycle ETF | Equity: Thematic – Industrial Revolution | 7/15/2026 | $935.7K |
| YSAG | Texas Precious Metals Trust Y'all Street Physical Silver ETF | Commodity: Focused – Precious Metals | 7/15/2026 | $5.1M |
| TKNZ | T. Rowe Price Active Crypto ETF | Digital Asset: Cryptocurrency – Multicoin | 7/15/2026 | $16.0M |
