Corgi New Launches See $30 Million In Net Inflows

Issuer League Tables

The daily ETF issuer flow landscape reveals stark divergence, with Vanguard and Capital Group capturing leading absolute inflows of $1.58 billion and $1.52 billion, respectively. JPMorgan and Dimensional followed with robust accumulations exceeding $400 million each. Conversely, SPDR and iShares experienced the steepest single-day absolute outflows at $5.87 billion and $4.02 billion. On a relative basis, Corgi expanded its assets by 14.12%, while Warren and ARK contracted by 11.08% and 10.07% of their asset bases, respectively, in a single session.

Issuer Flows (Absolute)

Issuer Flows (Relative)

Daily ETF Flow Analysis

Daily market flows showcase broad accumulations, producing a net positive day of $50.59 billion across all asset classes. Fixed Income and Non-Traditional strategies led positive allocations with $15.17 billion and $813 million in respective daily inflows. In contrast, Equity flows remained under pressure despite the removal of extreme thematic outliers, posting net redemptions of $9.19 billion. At the category level, Taxable Government Long bonds led with $829 million, while U.S. Large Cap Blend faced the steepest categorical outflows at $6.25 billion.

Asset Class Flows

Top/Bottom 10 Category Flows

U.S. Size & Style

The U.S. Size & Style category exhibited a highly bifurcated daily flow profile with significant movements among the largest funds. The Vanguard S&P 500 ETF accumulated $607 million, followed by the Invesco QQQ Trust which added $248 million. In contrast, the SPDR S&P 500 ETF and iShares Core S&P 500 ETF experienced substantial daily redemptions of $4.99 billion and $1.78 billion, respectively. Mid and small capitalization mandates broadly lagged large-cap strategies, punctuated by the iShares Russell 2000 ETF shedding $986 million.

Size & Style ex-U.S.

International equity flows demonstrated moderate accumulations, led primarily by active and factor-based allocations. The Capital Group Global Growth Equity ETF captured the highest daily inflow at $124 million, outpacing passive broad-market funds. Dimensional and Avantis products dominated the top five, collecting a combined $171 million across core, small-cap, and emerging market mandates. Conversely, the Fidelity Enhanced International ETF led the category’s daily redemptions with $86 million in net outflows.

Sector & Industry

Sector flows highlighted strong demand for technology and consumer discretionary segments against broad industrial and healthcare selling. The VanEck Semiconductor ETF attracted a leading $334 million, accompanied by strong accumulations in the Utilities Select Sector SPDR ETF at $250 million. On the outflow side, the Industrial Select Sector SPDR ETF shed $437 million. Healthcare and Energy sectors also registered substantial daily contraction, posting respective segment outflows of $392 million and $321 million among their largest funds.

Region & Country

Single-country and regional allocations saw specific geographic preferences, notably toward Asia-Pacific markets. The WisdomTree Japan Hedged Equity ETF led daily inflows by gathering $60 million, followed by the KraneShares CSI China Internet ETF with $51 million. North American and European allocations faced resistance, highlighted by the JPMorgan BetaBuilders Canada ETF losing $25 million. Broad Latin American exposure also contracted, with the iShares Latin America 40 ETF recording $17 million in daily outflows.

Thematic

Thematic equity categories experienced elevated flow dispersion, driven heavily by concentrated redemptions within disruptive technology and robotics mandates. The ARK Autonomous Technology & Robotics ETF and ARK Next Generation Internet ETF led segment redemptions, recording substantial single-day outflows of $858 million and $581 million, respectively. In contrast, the Tema Space Innovators ETF captured a category-leading $100 million in inflows. Other niche exposures, including the Invesco Solar ETF and Roundhill Generative AI & Technology ETF, posted moderate accumulations of $41 million and $38 million to help offset the broader thematic selling.

Fixed Income

Fixed income flows indicated a clear pivot toward government duration and ultrashort cash proxies, diverging from corporate credit. The iShares 20+ Year Treasury Bond ETF led all debt strategies with $652 million in daily accumulations, while the iShares 0-3 Month Treasury Bond ETF added $327 million. Conversely, corporate credit sustained heavy redemptions, with the iShares iBoxx $ Investment Grade Corporate Bond ETF losing $1.24 billion. High yield strategies mirrored this contraction, as HYG and JNK recorded combined outflows exceeding $360 million.

Commodity

Commodity ETF flows were led by broad gold exposure, with SPDR Gold Shares gathering $208 million and GLDM adding $81 million. Diversified commodity strategies also saw accumulations, as the Invesco DB Commodity Index Tracking Fund gathered $86 million. Conversely, the United States Oil Fund LP led commodity redemptions with $222 million in daily outflows. The iShares Silver Trust and iShares Gold Trust followed with respective contractions of $86 million and $43 million.

Cryptocurrency

Cryptocurrency exchange-traded products faced broad daily net redemptions across major digital assets, though alternative coin strategies bucked the trend. Spot Bitcoin and Ethereum products dominated the outflow tables, led by the iShares Bitcoin Trust ETF shedding $136 million. The ARK 21Shares Bitcoin ETF and iShares Ethereum Trust ETF followed with respective outflows of $52 million and $50 million. In contrast, the Bitwise XRP ETF and 21Shares Hyperliquid ETF managed minor accumulations of $7 million and $3 million.

Non-Traditional

The non-traditional ETF segment exhibited highly concentrated daily flows driven by leveraged single-stock and synthetic income strategies. The Direxion Daily MU Bull 2X ETF captured a category-leading $239 million, closely followed by the GraniteShares 2x Long MU Daily ETF at $167 million. Options-based income products also saw accumulation, with the NEOS Nasdaq 100 High Income ETF adding $88 million. Conversely, the Direxion Daily MSCI South Korea Bull 3X ETF led daily outflows, shrinking by $112 million.

Recent Launches

Product development remains heavily concentrated within the non-traditional and thematic categories. The ten most recent market entries are predominantly comprised of leveraged, inverse, and specialized synthetic income strategies. The Leverage Shares 2X Long CBRS Daily ETF currently leads this cohort in initial asset gathering, recording an early asset base of $9.13 million. Meanwhile, digital asset expansion continues with specialized offerings tracking individual alternative tokens such as Sui, Avalanche, and Hyperliquid.