Issuer League Tables
The U.S. ETF landscape currently comprises $12,968B in assets under management across 4,751 products from 466 issuers. In the latest trading session, Invesco led all issuers with $1,627M in net inflows, followed closely by Vanguard with $1,568M and iShares with $1,511M. On the other end of the spectrum, SPDR experienced the largest 1-day outflows, shedding -$1,400M, while Nuveen saw redemptions of -$900M.
| Brand | 1-Day Flow | 30-Day Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|
| Inflows | ||||
| Invesco | $1,627M | $5,102M | $56.15B | $69.88B |
| Vanguard | $1,568M | $56,740M | $354.31B | $394.44B |
| iShares | $1,511M | $39,920M | $296.64B | $347.81B |
| Innovator | $690M | $889M | $5.40B | $5.90B |
| ProShares | $511M | $1,319M | $2.31B | $2.20B |
| Outflows | ||||
| SPDR | ($1,400M) | $12,476M | $64.91B | $83.55B |
| Nuveen | ($900M) | $2,325M | $2.74B | $1.97B |
| Xtrackers | ($288M) | ($191M) | $0.43B | $0.12B |
| First Trust | ($207M) | $1,648M | $12.07B | $13.46B |
| Direxion | ($189M) | $176M | ($7.41B) | ($7.52B) |
Daily ETF Flow Analysis
Total 1-day net flows for U.S. listed ETFs reached $5.63B. Fixed Income funds led the charge, pulling in $2.47B, followed by Equity funds with $1.63B in net inflows. Non-Traditional strategies also saw strong demand, adding $1.03B. Conversely, Digital Asset funds experienced the steepest outflows at -$739M, followed by Alternative strategies which lost -$387M.
| Asset Class | 1-Day Flow | 1-Week Flow | 1-Month Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|---|
| Fixed Income | $2,471M | $11,832M | $46,889M | $389,126M | $413,713M |
| Equity | $1,629M | $24,277M | $114,402M | $679,469M | $803,515M |
| Non-Traditional | $1,030M | $3,991M | $10,538M | $80,754M | $91,049M |
| Multi-Asset | $801M | $135M | $219M | $6,208M | $7,122M |
| Commodity | $512M | ($359M) | $159M | $46,424M | $44,573M |
| Currency | $82M | $35M | $10M | $605M | $703M |
| Alternative | ($387M) | $39M | ($145M) | $3,631M | $3,776M |
| Digital Asset | ($739M) | ($4,448M) | $158M | $36,211M | $43,114M |
| Category | 1-Day Flow | AUM |
|---|---|---|
| Top 10 Categories | ||
| Equity: U.S. Large Cap – Growth | $2,256M | $1,225.09B |
| Equity: U.S. Small Cap – Blend | $1,773M | $312.09B |
| Equity: Global Ex-U.S. Large Cap – Blend | $927M | $882.11B |
| Equity: Sector – Health Care | $833M | $97.21B |
| Equity: Emerging Large Cap | $814M | $351.03B |
| Non-Traditional: Leverage | Inverse – Single Stock | $516M | $26.36B |
| Equity: U.S. Large Cap – Value | $497M | $867.92B |
| Non-Traditional: Buffer – Equity | $475M | $77.36B |
| Equity: Global Large Cap – Blend | $358M | $125.04B |
| Equity: U.S. Mid Cap – Blend | $352M | $351.42B |
| Bottom 10 Categories | ||
| Equity: U.S. Large Cap – Blend | ($5,002M) | $3,885.50B |
| Equity: Sector – Communication Services | ($550M) | $34.12B |
| Equity: Thematic – Evolving Consumer | ($295M) | $15.75B |
| Equity: Sector – Consumer Discretionary | ($236M) | $33.63B |
| Equity: Sector – Information Technology | ($177M) | $331.95B |
| Equity: Sector – Financials | ($137M) | $95.12B |
| Digital Asset: Cryptocurrency – Bitcoin | ($125M) | $118.52B |
| Equity: Thematic – Precious Metals | ($106M) | $42.48B |
| Equity: U.S. Mid Cap – Growth | ($87M) | $56.74B |
| Equity: U.S. Mid Cap – Value | ($67M) | $73.46B |
U.S. Size & Style
Within U.S. equities, flows were sharply divided. Large Cap Growth funds pulled in $2.26B and Small Cap Blend funds added $1.77B. However, this was overshadowed by significant outflows from Large Cap Blend funds, which lost -$5.00B. At the fund level, IWM ($1.72B) and QQQ ($1.54B) were the top leaders, while SPY faced massive redemptions of -$4.75B, followed by QUAL at -$3.71B.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IWM | iShares Russell 2000 ETF | $1,716M | $69.2B |
| QQQ | Invesco QQQ Trust Series I | $1,544M | $394.5B |
| VOO | Vanguard S&P 500 ETF | $1,371M | $803.9B |
| IVV | iShares Core S&P 500 ETF | $1,277M | $716.9B |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | $813M | $40.9B |
| Top 5 Laggards | |||
| SPY | SPDR S&P 500 ETF Trust | ($4,750M) | $687.2B |
| QUAL | iShares MSCI USA Quality Factor ETF | ($3,710M) | $46.9B |
| VLUE | iShares MSCI USA Value Factor ETF | ($600M) | $8.5B |
| IWB | iShares Russell 1000 ETF | ($384M) | $44.5B |
| NULV | Nuveen ESG Large-Cap Value ETF | ($318M) | $1.9B |
Global Ex-U.S. Size & Style
International equity funds saw healthy inflows, led by the Global Ex-U.S. Large Cap Blend category which gathered $927M. Emerging Large Cap funds also saw strong demand with $814M in net flows. Fund activity was dominated by broad market funds, with IEMG ($514M) and VEA ($391M) leading the pack.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IEMG | iShares Core MSCI Emerging Markets ETF | $514M | $115.1B |
| VEA | Vanguard FTSE Developed Markets ETF | $391M | $181.2B |
| ACWI | iShares MSCI ACWI ETF | $360M | $23.8B |
| IEFA | iShares Core MSCI EAFE ETF | $173M | $155.9B |
| SPDW | SPDR Portfolio Developed World ex-US ETF | $128M | $31.7B |
| Top 5 Laggards | |||
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | ($97M) | $2.1B |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | ($31M) | $0.9B |
| VSS | Vanguard FTSE All-World ex-US Small-Cap ETF | ($28M) | $9.3B |
| RODM | Hartford Multifactor Developed Markets (ex-US) ETF | ($9M) | $1.3B |
| QWLD | SPDR MSCI World StrategicFactors ETF | ($7M) | $0.2B |
Region & Country
Region-specific flows were mixed but generally positive. Asia-Pacific funds saw inflows of $148M, while Latin America added $63M. North America saw slight outflows of -$1M. At the fund level, EWY (South Korea) was the top leader with $80M, while EWW (Mexico) saw the largest outflows at -$20M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| EWY | iShares MSCI South Korea ETF | $80M | $6.82B |
| EWT | iShares MSCI Taiwan ETF | $75M | $6.69B |
| EWZ | iShares MSCI Brazil ETF | $74M | $6.32B |
| EIS | iShares MSCI Israel ETF | $15M | $0.52B |
| ARGT | Global X MSCI Argentina ETF | $9M | $0.73B |
| Top 5 Laggards | |||
| EWW | iShares MSCI Mexico ETF | ($20M) | $1.92B |
| AIA | iShares Asia 50 ETF | ($9M) | $1.52B |
| EWC | iShares MSCI Canada ETF | ($5M) | $3.39B |
| VNM | VanEck Vietnam ETF | ($4M) | $0.57B |
| KBA | KraneShares Bosera MSCI China A 50 Connect Index ETF | ($3M) | $0.22B |
Sector & Industry
Health Care funds led sector activity with strong inflows of $1.37B, followed by Real Estate at $224M. Financials experienced the largest outflows, shedding -$1.09B, with Consumer Discretionary also losing -$604M. XBI led individual funds with $487M in inflows, while VOX saw the largest outflows at -$480M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| XBI | State Street SPDR S&P Biotech ETF | $487M | $8.0B |
| KRE | State Street SPDR S&P Regional Banking ETF | $299M | $3.3B |
| SMH | VanEck Semiconductor ETF | $288M | $35.1B |
| IBB | iShares Biotechnology ETF | $144M | $8.5B |
| XLV | Health Care Select Sector SPDR Fund | $124M | $40.4B |
| Top 5 Laggards | |||
| VOX | Vanguard Communication Services ETF | ($480M) | $5.8B |
| XLF | Financial Select Sector SPDR Fund | ($358M) | $50.8B |
| VGT | Vanguard Information Technology ETF | ($312M) | $109.7B |
| VCR | Vanguard Consumer Discretionary ETF | ($166M) | $6.0B |
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | ($122M) | $3.8B |
Thematic
Thematic funds saw inflows into Disruptive Tech ($69M) and Infrastructure ($68M), while Evolving Consumer strategies faced outflows of -$295M. Precious Metals thematic funds also lost -$106M. BAI led inflows with $33M, whereas FDN saw substantial outflows of -$329M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| BAI | iShares A.I. Innovation and Tech Active ETF | $33M | $7.63B |
| XHB | State Street SPDR S&P Homebuilders ETF | $31M | $1.59B |
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund | $30M | $4.65B |
| MAGS | Roundhill Magnificent Seven ETF | $26M | $3.81B |
| MLPX | Global X MLP & Energy Infrastructure ETF | $25M | $2.53B |
| Top 5 Laggards | |||
| FDN | First Trust Dow Jones Internet Index Fund | ($329M) | $6.95B |
| GDX | VanEck Gold Miners ETF | ($81M) | $22.86B |
| QTUM | Defiance Quantum ETF | ($31M) | $2.87B |
| GDXJ | VanEck Junior Gold Miners ETF | ($25M) | $8.35B |
| REMX | VanEck Rare Earth and Strategic Metals ETF | ($14M) | $1.42B |
Fixed Income
Fixed Income funds attracted significant capital, with Multi-Sector funds gathering $920M and Government funds adding $760M. Flows by duration favored Intermediate strategies ($1.28B). SBIL was the top individual fund with $293M, while VCSH saw outflows of -$104M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SBIL | Simplify Government Money Market ETF | $293M | $4.17B |
| IUSB | iShares Core Total USD Bond Market ETF | $244M | $33.90B |
| TLT | iShares 20+ Year Treasury Bond ETF | $225M | $49.96B |
| SGOV | iShares 0-3 Month Treasury Bond ETF | $206M | $64.05B |
| BSV | Vanguard Short-Term Bond ETF | $158M | $41.22B |
| Top 5 Laggards | |||
| VCSH | Vanguard Short-Term Corporate Bond ETF | ($104M) | $40.12B |
| IGIB | iShares 5-10 Year Investment Grade Corporate Bond ETF | ($89M) | $16.92B |
| GSY | Invesco Ultra Short Duration ETF | ($80M) | $3.22B |
| IGSB | iShares 1-5 Year Investment Grade Corporate Bond ETF | ($69M) | $21.89B |
| IBDQ | iShares iBonds Dec 2025 Term Corporate ETF | ($64M) | $2.52B |
Commodity
Commodity flows were positive overall, driven by Precious Metals which added $223M. Energy funds, however, saw outflows of -$52M. SLV was the top individual fund with $113M, while UNG saw the largest outflows.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SLV | iShares Silver Trust | $113M | $25.06B |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | $65M | $23.16B |
| PALL | abrdn Physical Palladium Shares ETF | $25M | $0.80B |
| SGOL | abrdn Physical Gold Shares ETF | $19M | $6.90B |
| NBCM | Neuberger Berman Commodity Strategy ETF | $1M | $0.29B |
| Top 5 Laggards | |||
| UNG | United States Natural Gas Fund LP | ($38M) | $0.52B |
| USO | United States Oil Fund LP | ($14M) | $0.92B |
| GSG | iShares S&P GSCI Commodity Indexed Trust | ($7M) | $1.07B |
| BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | ($6M) | $1.95B |
| KRBN | KraneShares Global Carbon Strategy ETF | ($0M) | $0.17B |
Digital Assets
Digital Asset flows diverged significantly, with Altcoin funds gathering $205M while Bitcoin funds saw net outflows of -$125M. Ethereum funds added $76M. ETHA was the top fund leader with $93M, while IBIT experienced outflows of -$149M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| ETHA | iShares Ethereum Trust ETF | $93M | $10.75B |
| GXRP | Grayscale XRP Trust ETF | $67M | $0.08B |
| XRPZ | Franklin XRP ETF | $63M | $0.07B |
| BSOL | Bitwise Solana Staking ETF | $39M | $0.57B |
| BITO | ProShares Bitcoin ETF | $27M | $2.29B |
| Top 5 Laggards | |||
| IBIT | iShares Bitcoin Trust ETF | ($149M) | $68.93B |
| EETH | ProShares Ether ETF | ($21M) | $0.07B |
| ARKB | ARK 21Shares Bitcoin ETF | ($12M) | $3.53B |
| BITB | Bitwise Bitcoin ETF Trust | ($6M) | $3.57B |
| ETHW | Bitwise Ethereum ETF | ($4M) | $0.35B |
Non-Traditional
Non-Traditional funds continued to gather assets, with Leverage | Inverse funds leading the way with $499M in net inflows, followed by Buffer funds at $481M. BDEC was the top fund leader with $185M, while SOXL saw redemptions of -$183M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| BDEC | Innovator U.S. Equity Buffer ETF – December | $185M | $0.37B |
| ROBN | T-Rex 2X Long HOOD Daily Target ETF | $167M | $0.36B |
| PSQ | ProShares Short QQQ | $138M | $0.78B |
| GGLL | Direxion Daily GOOGL Bull 2X Shares | $131M | $1.07B |
| TSLQ | Tradr 2X Short TSLA Daily ETF | $109M | $0.32B |
| Top 5 Laggards | |||
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | ($183M) | $12.24B |
| TSLL | Direxion Daily TSLA Bull 2X Shares | ($99M) | $6.09B |
| SQQQ | ProShares UltraPro Short QQQ | ($62M) | $2.56B |
| OPEX | Tradr 2X Long OPEN Daily ETF | ($43M) | $0.08B |
| TMF | Direxion Daily 20+ Year Treasury Bull 3X Shares | ($37M) | $4.45B |
Recent ETF Launches
Several new funds launched on 11/24, with Grayscale introducing both XRP and Dogecoin Trusts, and Franklin launching an XRP ETF. The table below details the 10 most recent funds to market. Click the header above to explore the full ETF database.
| Launch Date | Ticker | Fund Name | Category | AUM |
|---|---|---|---|---|
| 11/24/2025 | XRPZ | Franklin XRP ETF | Digital Asset: Cryptocurrency – Altcoin | $65.05M |
| 11/24/2025 | GXRP | Grayscale XRP Trust ETF | Digital Asset: Cryptocurrency – Altcoin | $80.84M |
| 11/24/2025 | GDOG | Grayscale Dogecoin Trust ETF Accred Inv | Digital Asset: Cryptocurrency – Altcoin | $1.71M |
| 11/21/2025 | DLNV | FT Vest U.S. Equity Dual Directional Buffer ETF – November | Non-Traditional: Buffer – Equity | $1.52M |
| 11/21/2025 | CIFU | T-REX 2X Long CIFR Daily Target ETF | Non-Traditional: Leverage | Inverse – Single Stock | $1.92M |
| 11/20/2025 | TXXD | 21Shares 2x Long Dogecoin ETF | Non-Traditional: Leverage | Inverse – Crypto | $1.01M |
| 11/20/2025 | IFLR | Innovator International Developed Managed Floor ETF | Non-Traditional: Buffer – Equity | $4.89M |
| 11/20/2025 | HEFT | Hedgeye Fourth Turning ETF | Unclassified | $1.26M |
| 11/20/2025 | CAIQ | Calamos Nasdaq Autocallable Income ETF | Non-Traditional: Synthetic Income – Equity | $0.00M |
| 11/20/2025 | ACEP | ARS Core Equity Portfolio ETF | Equity: U.S. Large Cap – Blend | $75.65M |
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 11/25/2025, and reflects create/redeem activity from Monday, 11/24/2025.
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.
