Issuer League Tables
The U.S. ETF landscape now includes $12,766B in AUM across 4,747 products from 465 issuers. iShares led 1-day flows, collecting $5,410M, continuing its strong YTD trend of $294.20B. Invesco saw the largest 1-day outflows at -$1,412M. Vanguard also saw strong 1-day inflows of $3,819M, followed by SPDR with $1,104M.
| Brand | 1-Day Flow | 30-Day Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|
| Inflows | ||||
| iShares | $5,410M | $41,471M | $294.20B | $357.08B |
| Vanguard | $3,819M | $60,576M | $350.84B | $396.54B |
| SPDR | $1,104M | $10,681M | $65.68B | $83.49B |
| Capital Group | $966M | $4,799M | $41.47B | $44.61B |
| Direxion | $827M | ($169M) | ($7.52B) | ($7.31B) |
| Outflows | ||||
| Invesco | ($1,412M) | $6,718M | $56.42B | $73.76B |
| FT Vest | ($1,102M) | $683M | $6.71B | $7.90B |
| Dimensional | ($389M) | $3,549M | $37.65B | $42.98B |
| VanEck | ($383M) | $1,603M | $3.57B | $3.32B |
| ProShares | ($264M) | $34,855M | $36.20B | $35.92B |
Daily ETF Flow Analysis
Total 1-day net flows for all U.S. listed ETFs amounted to $8.50B. Equity led all asset classes with $9.15B in new assets, followed by Fixed Income funds which gathered $1.28B. Digital Asset funds saw the largest outflows, shedding -$1.10B, while Non-Traditional funds saw net outflows of -$896M.
| Asset Class | 1-Day Flow | 1-Week Flow | 1-Month Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|---|
| Equity | $9,150M | $24,194M | $123,509M | $676,725M | $819,809M |
| Fixed Income | $1,283M | $8,677M | $46,441M | $383,783M | $411,511M |
| Commodity | $86M | ($532M) | ($3,838M) | $45,694M | $44,019M |
| Currency | $13M | $27M | $78M | $593M | $710M |
| Multi-Asset | ($5M) | $166M | $853M | $6,055M | $7,025M |
| Alternative | ($33M) | ($241M) | ($464M) | $3,582M | $3,760M |
| Non-Traditional | ($896M) | $36,861M | $43,041M | $113,185M | $124,736M |
| Digital Asset | ($1,098M) | ($2,507M) | ($4,707M) | $35,543M | $44,002M |
| Category | 1-Day Flow | AUM |
|---|---|---|
| Top 10 Categories | ||
| Equity: U.S. Large Cap – Blend | $9,498M | $3,823.69B |
| Equity: Sector – Communication Services | $659M | $33.38B |
| Equity: Sector – Information Technology | $620M | $328.43B |
| Equity: U.S. Large Cap – Value | $502M | $854.54B |
| Fixed Income: Taxable – Government Ultrashort | $489M | $190.84B |
| Non-Traditional: Synthetic Income – Equity | $357M | $138.91B |
| Equity: Sector – Industrial | $304M | $61.54B |
| Fixed Income: Taxable – Corporate | $250M | $160.65B |
| Equity: Thematic – Evolving Consumer | $174M | $15.03B |
| Commodity: Focused – Precious Metals | $169M | $276.14B |
| Bottom 10 Categories | ||
| Equity: U.S. Large Cap – Growth | ($1,309M) | $1,194.38B |
| Non-Traditional: Buffer – Equity | ($1,084M) | $76.08B |
| Digital Asset: Cryptocurrency – Bitcoin | ($888M) | $115.24B |
| Equity: U.S. Small Cap – Blend | ($534M) | $298.56B |
| Equity: Sector – Energy | ($395M) | $44.94B |
| Equity: Sector – Financials | ($306M) | $94.84B |
| Digital Asset: Cryptocurrency – Ethereum | ($229M) | $17.55B |
| Equity: U.S. Small Cap – Value | ($227M) | $90.61B |
| Equity: U.S. Mid Cap – Value | ($218M) | $71.64B |
| Non-Traditional: Leverage | Inverse – Single Stock | ($180M) | $24.03B |
U.S. Size & Style
Within U.S. equities, Large Cap Blend funds dominated, pulling in $9.50B. In contrast, U.S. Large Cap Growth funds saw the largest outflows at -$1.31B. U.S. Small Cap Blend funds also saw outflows of -$534M. At the fund level, QUAL ($3.55B) and SPY ($2.19B) were the top two flow leaders, while QQQ (-$1.29B) and IWM (-$676M) saw the most significant redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| QUAL | iShares MSCI USA Quality Factor ETF | $3,551M | $49.6B |
| SPY | SPDR S&P 500 ETF Trust | $2,186M | $683.3B |
| VOO | Vanguard S&P 500 ETF | $1,603M | $792.1B |
| IVV | iShares Core S&P 500 ETF | $1,082M | $698.2B |
| VLUE | iShares MSCI USA Value Factor ETF | $542M | $8.8B |
| Top 5 Laggards | |||
| QQQ | Invesco QQQ Trust Series I | ($1,288M) | $383.0B |
| IWM | iShares Russell 2000 ETF | ($676M) | $64.2B |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | ($641M) | $40.3B |
| MDY | SPDR S&P Midcap 400 ETF Trust | ($242M) | $21.9B |
| AVUV | Avantis U.S. Small Cap Value ETF | ($154M) | $18.0B |
Global Ex-U.S. Size & Style
Global Ex-U.S. funds saw modest activity, led by the Emerging Large Cap category which gathered $132M. Global Ex-U.S. Large Cap Blend funds added $62M, while Global Ex-U.S. Large Cap Value funds saw outflows of -$141M. Fund-level activity was topped by AVEM ($112M) and HDEF ($97M).
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| AVEM | Avantis Emerging Markets Equity ETF | $112M | $14.5B |
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | $97M | $2.2B |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | $31M | $0.9B |
| FENI | Fidelity Enhanced International ETF | $28M | $5.0B |
| GEW | Cambria Global EW ETF | $17M | $0.2B |
| Top 5 Laggards | |||
| EFV | iShares MSCI EAFE Value ETF | ($215M) | $25.9B |
| OAIM | OneAscent International Equity ETF | ($43M) | $0.3B |
| DFIS | Dimensional International Small Cap ETF | ($37M) | $4.3B |
| BIDD | iShares International Dividend Active ETF | ($33M) | $0.5B |
| IHDG | WisdomTree International Hedged Quality Dividend Growth Fund | ($19M) | $2.2B |
Region & Country
Region-specific funds saw net outflows, with North America shedding -$30M and Latin America losing -$26M. Asia-Pacific funds saw minor inflows of $1M. At the fund level, DXJ ($20M) was the clear leader, while ASHR (-$59M) and EWG (-$35M) were the top laggards.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| DXJ | WisdomTree Japan Hedged Equity Fund | $20M | $4.69B |
| EWP | iShares MSCI Spain ETF | $18M | $1.49B |
| KDEF | PLUS Korea Defense Industry Index ETF | $1M | $0.06B |
| VPL | Vanguard FTSE Pacific ETF | $1M | $8.14B |
| DBEZ | Xtrackers MSCI Eurozone Hedged Equity ETF | $1M | $0.07B |
| Top 5 Laggards | |||
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | ($59M) | $1.65B |
| EWG | iShares MSCI Germany ETF | ($35M) | $1.66B |
| EWC | iShares MSCI Canada ETF | ($30M) | $3.32B |
| EWW | iShares MSCI Mexico ETF | ($26M) | $1.93B |
| EWA | iShares MSCI Australia ETF | ($15M) | $1.27B |
Sector & Industry
On a sector basis, Information Technology led with $620M in 1-day flows, followed by Communication Services at $461M and Industrials at $304M. Consumer Discretionary saw the largest outflows at -$563M, followed by Energy (-$395M). VOX ($487M) was the top fund-level leader, while XLE (-$400M) was the top laggard.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| VOX | Vanguard Communication Services ETF | $487M | $5.6B |
| VGT | Vanguard Information Technology ETF | $342M | $109.7B |
| SOXX | iShares Semiconductor ETF | $322M | $15.2B |
| XLI | Industrial Select Sector SPDR Fund | $155M | $23.4B |
| IGV | iShares Expanded Tech-Software Sector ETF | $146M | $8.1B |
| Top 5 Laggards | |||
| XLE | Energy Select Sector SPDR Fund | ($400M) | $27.3B |
| XLF | Financial Select Sector SPDR Fund | ($233M) | $51.5B |
| SMH | VanEck Semiconductor ETF | ($227M) | $33.8B |
| XLV | Health Care Select Sector SPDR Fund | ($98M) | $39.3B |
| IAK | iShares U.S. Insurance ETF | ($73M) | $0.5B |
Thematic
Thematic funds were led by the Evolving Consumer category, which gathered $174M. Disruptive Tech ($168M) and Multi-Sector ($51M) also saw inflows. In contrast, Precious Metals Thematics saw the largest outflows at -$124M. The FDN ($192M) and ARKW ($77M) ETFs led fund-level inflows, while GDX (-$124M) saw the largest redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| FDN | First Trust Dow Jones Internet Index Fund | $192M | $6.70B |
| ARKW | ARK Next Generation Internet ETF | $77M | $1.98B |
| BAI | iShares A.I. Innovation and Tech Active ETF | $56M | $7.16B |
| ARKK | ARK Innovation ETF | $29M | $6.77B |
| JTEK | JPMorgan U.S. Tech Leaders ETF | $25M | $2.85B |
| Top 5 Laggards | |||
| GDX | VanEck Gold Miners ETF | ($124M) | $21.72B |
| XME | State Street SPDR S&P Metals & Mining ETF | ($31M) | $2.55B |
| ARKG | ARK Genomic Revolution ETF | ($25M) | $1.07B |
| ICLN | iShares Global Clean Energy ETF | ($24M) | $1.88B |
| ITB | iShares U.S. Home Construction ETF | ($19M) | $2.39B |
Fixed Income
Fixed Income funds saw strong net inflows. By type, Government led with $725M, followed by Multi-Sector ($497M) and Municipal ($173M). Bank Loans saw the largest outflows at -$79M. By duration, Ultrashort duration funds gathered $558M, while Long duration funds shed -$150M. LQD ($321M) and SGOV ($302M) were the top individual fund leaders.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | $321M | $32.70B |
| SGOV | iShares 0-3 Month Treasury Bond ETF | $302M | $63.64B |
| EMB | iShares JP Morgan USD Emerging Markets Bond ETF | $125M | $15.22B |
| SHV | iShares Short Treasury Bond ETF | $113M | $20.73B |
| BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | $110M | $43.33B |
| Top 5 Laggards | |||
| IGSB | iShares 1-5 Year Investment Grade Corporate Bond ETF | ($212M) | $22.05B |
| JNK | State Street SPDR Bloomberg High Yield Bond ETF | ($193M) | $7.57B |
| TLT | iShares 20+ Year Treasury Bond ETF | ($187M) | $49.43B |
| SHY | iShares 1-3 Year Treasury Bond ETF | ($141M) | $23.63B |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | ($101M) | $58.02B |
Commodity
Commodity funds experienced net inflows, driven almost entirely by the Precious Metals category, which added $169M. Comm: Energy saw outflows of -$68M. Fund-level activity was led by GLD ($151M), while USO (-$56M) drove the outflows.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| GLD | SPDR Gold Shares | $151M | $136.82B |
| SLV | iShares Silver Trust | $18M | $24.94B |
| PIT | VanEck Commodity Strategy ETF | $6M | $0.07B |
| FTGC | First Trust Global Tactical Commodity Strategy Fund | $5M | $2.15B |
| HGER | Harbor Commodity All-Weather Strategy ETF | $2M | $1.34B |
| Top 5 Laggards | |||
| USO | United States Oil Fund LP | ($56M) | $0.90B |
| DBC | Invesco DB Commodity Index Tracking Fund | ($11M) | $1.26B |
| UNG | United States Natural Gas Fund LP | ($9M) | $0.56B |
| DBA | Invesco DB Agriculture Fund | ($5M) | $0.75B |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | ($4M) | $4.43B |
Digital Assets
Digital Asset funds experienced significant outflows, with Bitcoin funds losing -$888M and Ethereum funds shedding -$229M. Altcoin funds saw small inflows of $19M. EETH ($32M) and BSOL ($20M) were the top two fund-level leaders for the day, while IBIT (-$356M) saw the largest redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| EETH | ProShares Ether ETF | $32M | $0.11B |
| BSOL | Bitwise Solana Staking ETF | $20M | $0.51B |
| BITO | ProShares Bitcoin ETF | $16M | $2.19B |
| XRPC | Canary XRP ETF | $1M | $0.28B |
| SOLC | Canary Marinade Solana ETF | $0M | $0.00B |
| Top 5 Laggards | |||
| IBIT | iShares Bitcoin Trust ETF | ($356M) | $67.45B |
| GBTC | Grayscale Bitcoin Trust ETF | ($199M) | $14.41B |
| FBTC | Fidelity Wise Origin Bitcoin Fund | ($190M) | $17.03B |
| ETHA | iShares Ethereum Trust ETF | ($123M) | $10.22B |
| ARKB | ARK 21 Shares Bitcoin ETF | ($94M) | $3.42B |
Non-Traditional
Non-Traditional funds saw net outflows of -$896M, primarily driven by Buffer products which shed -$1.08B. Synthetic Income funds saw inflows of $397M, while Leverage | Inverse funds lost -$213M. At the fund level, the leveraged SPXL ($165M) and TQQQ ($156M) led inflows, while the buffer ETF FNOV (-$651M) saw the largest redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SPXL | Direxion Daily S&P 500 Bull 3x Shares | $165M | $5.46B |
| TQQQ | ProShares UltraPro QQQ | $156M | $26.13B |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | $121M | $10.25B |
| SPYI | NEOS S&P 500 High Income ETF | $104M | $6.03B |
| QQQI | NEOS Nasdaq 100 High Income ETF | $102M | $6.22B |
| Top 5 Laggards | |||
| FNOV | FT Vest U.S. Equity Buffer ETF – November | ($651M) | $0.94B |
| SQQQ | ProShares UltraPro Short QQQ | ($259M) | $2.60B |
| DNOV | FT Vest U.S. Equity Deep Buffer ETF – November | ($224M) | $0.32B |
| TSLL | Direxion Daily TSLA Bull 2X Shares | ($158M) | $5.58B |
| GNOV | FT Vest U.S. Equity Moderate Buffer ETF-November | ($105M) | $0.26B |
Recent ETF Launches
The T-Rex 2X Long CIFR Daily Target ETF (CIFU) was the most recent fund to launch. The table below lists the 10 newest funds to market, including several new products from Direxion and Innovator. Click the header above to explore the full ETF database, where you can sort by inception date to see all new funds.
| Launch Date | Ticker | Fund Name | Category | AUM |
|---|---|---|---|---|
| 11/21/2025 | CIFU | T-REX 2X Long CIFR Daily Target ETF | Unclassified | $0.25M |
| 11/20/2025 | ACEP | ARS Core Equity Portfolio ETF | Unclassified | $73.39M |
| 11/20/2025 | CAIQ | Calamos Nasdaq Autocallable Income ETF | Unclassified | $0.00M |
| 11/20/2025 | HEFT | Hedgeye Fourth Turning ETF | Unclassified | $0.25M |
| 11/20/2025 | IFLR | Innovator International Developed Managed Floor ETF | Unclassified | $4.92M |
| 11/20/2025 | TXXD | 21Shares 2x Long Dogecoin ETF | Unclassified | $0.97M |
| 11/19/2025 | CONX | Direxion Daily COIN Bull 2X ETF | Unclassified | $2.05M |
| 11/19/2025 | HODU | Direxion Daily HOOD Bull 2X ETF | Unclassified | $2.13M |
| 11/19/2025 | ICPI | iShares 0-1 Year TIPS Bond ETF | Unclassified | $0.00M |
| 11/19/2025 | KBDU | KraneShares 2x Long BIDU Daily ETF | Unclassified | $2.28M |
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 November 21, 2025, and reflects create/redeem activity from Thursday, November 20, 2025.
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.
