Healthcare and Tech (+$392 million) lead inflows, Financials see net outflows (-$1.2 billion)

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Issuer League Tables

The U.S. ETF landscape currently manages $12,852B in AUM across 4,734 products from 465 issuers. Vanguard led the 1-day flows, collecting $3,485M, continuing its massive YTD accumulation of $347.03B. iShares followed with strong inflows of $2,028M. The largest absolute outflow came from ProShares, which saw redemptions totaling ($9,170M).

Brand 1-Day Flow 30-Day Flow YTD Flow 1-Year Flow
1-Day Flow Leaders (Top 5)
Vanguard $3,485M $58,183M $347.03B $393.65B
iShares $2,028M $40,757M $288.79B $353.25B
FT Vest $1,852M $1,337M $7.82B $9.10B
Invesco $1,018M $9,635M $57.83B $73.86B
BondBloxx $308M $117M $3.02B $3.15B
1-Day Flow Laggards (Top 5)
ProShares ($9,170M) $34,689M $36.38B $35.98B
SPDR ($555M) $8,797M $64.58B $82.48B
Janus Henderson ($51M) ($31M) $12.28B $14.26B
YieldMax ($42M) ($1,119M) $14.67B $17.45B
Eldridge ($40M) ($55M) $0.35B $0.49B

Daily ETF Flow Analysis

Total 1-day net flows for all U.S. listed ETFs amounted to $1,222M. Equity led all asset classes with $5,388M in new assets, followed closely by Fixed Income funds which gathered $3,549M. The net flow picture was heavily skewed by Non-Traditional funds, which shed a massive ($7,244M) in outflows, and Commodities, which lost ($568M).

Asset Class 1-Day Flow 1-Week Flow 1-Month Flow YTD Flow 1-Year Flow AUM
Equity $5,388M $26,437M $120,603M $667,575M $811,854M $9,758.6B
Fixed Income $3,549M $9,073M $47,966M $382,616M $411,393M $2,227.9B
Digital Asset $87M ($2,304M) ($3,786M) $36,641M $45,834M $139.7B
MultiAsset- $16M $231M $858M $6,060M $7,050M $29.3B
Currency $11M $12M $68M $581M $702M $2.4B
Alternative ($16M) ($243M) ($415M) $3,615M $3,687M $10.0B
Commodity ($568M) ($1,126M) ($3,733M) $45,608M $44,250M $299.9B
Non-Traditional ($7,244M) $38,386M $44,785M $114,002M $126,664M $383.0B
Category 1-Day Flow AUM
Top 10 Categories
Equity: U.S. Large Cap – Blend $2,848M $3,833.56B
Fixed Income: Taxable – Government Ultrashort $1,616M $188.85B
Non-Traditional: Buffer – Equity $1,426M $77.72B
Equity: U.S. Large Cap – Growth $1,282M $1,214.66B
Non-Traditional: Leverage | Inverse – Crypto $956M $5.25B
Equity: U.S. Large Cap – Value $789M $859.85B
Fixed Income: Taxable – Core $774M $374.58B
Equity: Emerging Large Cap $764M $352.72B
Equity: Global Ex-U.S. Large Cap – Blend $468M $877.67B
Fixed Income: Taxable – Core Enhanced $451M $110.23B
Bottom 10 Categories
Non-Traditional: Leverage | Inverse – Equity ($9,917M) $104.84B
Equity: U.S. Small Cap – Blend ($952M) $303.69B
Commodity: Focused – Precious Metals ($560M) $278.91B
Fixed Income: Taxable – Corporate ($529M) $160.20B
Equity: Sector – Financials ($393M) $95.29B
Fixed Income: Taxable – Securitized ($368M) $91.07B
Fixed Income: Taxable – High Yield ($205M) $107.04B
Equity: Sector Consumer Discretionary ($146M) $33.16B
Equity: Sector – Energy ($135M) $45.60B
Equity: Sector – Consumer Staples ($102M) $26.23B

U.S. Size & Style

Within U.S. equities, Large Cap Blend funds dominated the inflows, pulling in $2,848M. U.S. Large Cap Growth funds also saw strong inflows of $1,282M, while Large Cap Value funds added $789M. In contrast, U.S. Small Cap Blend funds saw the largest outflows at ($952M). At the fund level, VOO ($1,529M) and IVV ($966M) were the top two flow leaders, while IWM (with redemptions of ($1,062M)) was the most significant laggard.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
VOO Vanguard S&P 500 ETF $1,529M $792.1B
IVV iShares Core S&P 500 ETF $966M $704.5B
QQQ Invesco QQQ Trust Series I $810M $393.6B
IVE iShares S&P 500 Value ETF $422M $45.7B
VTV Vanguard Value ETF $269M $150.3B
Top 5 Laggards
IWM iShares Russell 2000 ETF ($1,062M) $67.1B
QUAL iShares MSCI USA Quality Factor ETF ($594M) $46.6B
DIA SPDR Dow Jones Industrial Average ETF Trust ($277M) $40.6B
VV Vanguard Large-Cap ETF ($152M) $45.8B
GARP iShares MSCI USA Quality GARP ETF ($141M) $1.1B

Global Ex-U.S. Size & Style

Global Ex-U.S. funds saw net inflows for the day, led by the Emerging Large Cap category, which gathered $764M. Developed market categories also performed well, with Global Ex-U.S. Large Cap – Blend adding $468M and Global Ex-U.S. Small | Mid Cap gathering $73M. Global Ex-U.S. Large Cap – Value was the sole category seeing notable outflows at ($30M). At the fund level, JEMG ($677M) and SPDW ($255M) were the top leaders.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
JEMG iShares Core MSCI Emerging Markets ETF $677M $115.4B
SPDW SPDR Portfolio Developed World ex-US ETF $255M $31.4B
ACWI iShares MSCI ACWI ETF $165M $23.3B
AVEM Avantis Emerging Markets Equity ETF $129M $14.6B
DIHP Dimensional International High Profitability ETF $55M $4.8B
Top 5 Laggards
URTH iShares MSCI World ETF ($108M) $6.4B
EFV iShares MSCI EAFE Value ETF ($82M) $26.5B
BDYN iShares Dynamic Equity Active ETF ($66M) $2.2B
XSOE WisdomTree Emerging Markets ex-State-Owned Enterpris.. ($46M) $1.9B
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF ($20M) $0.2B

Region & Country

Region-specific funds saw modest inflows overall, led by the Eurozone category ($84M) and Africa-Middle East ($13M). Latin America also gathered $7M. Asia-Pacific was the sole net outflow category at ($5M). At the fund level, VGK ($87M) was the clear leader, while EWA ($15M) saw the largest redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
VGK Vanguard FTSE Europe ETF $87M $27.40B
EZA iShares MSCI South Africa ETF $13M $0.56B
EWW iShares MSCI Mexico ETF $7M $1.97B
KWEB KraneShares CSI China Internet ETF $7M $9.04B
NBJP Neuberger Berman Japan Equity ETF $5M $0.05B
Top 5 Laggards
EWA iShares MSCI Australia ETF ($15M) $1.30B
GREK Global X MSCI Greece ETF ($3M) $0.28B
THD iShares MSCI Thailand ETF ($3M) $0.20B
DAX Global X DAX Germany ETF $0M $0.26B
KURE KraneShares MSCI All China Health Care Index ETF $0M $0.09B

Sector & Industry

On a sector basis, Health Care led with impressive inflows of $1,801M, followed by Information Technology at $215M. Financials saw the largest outflows at ($1,190M), followed by Industrial ($420M) and Energy ($359M). At the fund level, XLK ($562M) was the top fund-level leader, while KRE ($203M in outflows) was the top laggard.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
XLK Technology Select Sector SPDR Fund $562M $90.4B
XLI Industrial Select Sector SPDR Fund $98M $23.2B
XLC Communication Services Select Sector SPDR Fund $44M $25.2B
VGT Vanguard Information Technology ETF $39M $109.7B
QTEC First Trust NASDAQ-100 Technology Sector Index Fund $33M $2.8B
Top 5 Laggards
KRE State Street SPDR S&P Regional Banking ETF ($203M) $2.9B
XBI State Street SPDR S&P Biotech ETF ($114M) $7.5B
SOXX iShares Semiconductor ETF ($113M) $15.5B
XLP Consumer Staples Select Sector SPDR Fund ($99M) $14.9B
XLU Utilities Select Sector SPDR Fund ($93M) $22.3B

Thematic

Thematic funds were led by the Disruptive Tech category, which gathered $295M. Natural Resources ($43M) and Evolving Consumer ($23M) also saw inflows. In contrast, Infrastructure ($25M in outflows) and Industrial Revolution ($22M in outflows) saw the largest redemptions. The BAI ($227M) ETF was the clear leader in fund-level inflows, while XME ($27M in outflows) led redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
BAI iShares A.I. Innovation and Tech Active ETF $227M $7.40B
URA Global X Uranium ETF $72M $4.86B
WTAI Wisdom Tree Artificial Intelligence and Innovation Fund $49M $0.52B
RING iShares MSCI Global Gold Miners ETF $33M $2.56B
FDN First Trust Dow Jones Internet Index Fund $26M $6.69B
Top 5 Laggards
XME State Street SPDR S&P Metals & Mining ETF ($27M) $2.56B
IYZ iShares U.S. Telecommunications ETF ($26M) $0.60B
ICLN iShares Global Clean Energy ETF ($22M) $1.95B
ESPO VanEck Video Gaming and eSports ETF ($16M) $0.40B
FWD AB Disruptors ETF ($16M) $1.25B

Fixed Income

Fixed Income funds saw strong net inflows, led by the FI: Government category with $2,681M, and FI: Multi-Sector which gathered $1,908M. Municipal ($193M) and Preferred Stock ($14M) also saw inflows. The largest outflows were seen in FI: Corporate ($886M) and FI: Securitized ($361M). At the fund level, SGOV ($1,126M) and BND ($750M) were the top individual fund leaders.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SGOV iShares 0-3 Month Treasury Bond ETF $1,126M $62.20B
BND Vanguard Total Bond Market ETF $750M $143.68B
IEF iShares 7-10 Year Treasury Bond ETF $444M $44.21B
BSV Vanguard Short-Term Bond ETF $410M $40.87B
SYSB iShares Systematic Bond ETF $390M $0.63B
Top 5 Laggards
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF ($453M) $32.31B
MBB iShares MBS ETF ($400M) $39.16B
USHY iShares Broad USD High Yield Corporate Bond ETF ($162M) $25.38B
SPTL State Street SPDR Portfolio Long Term Treasury ETF ($142M) $11.23B
VCSH Vanguard Short-Term Corporate Bond ETF ($128M) $40.23B

Commodity

Commodity funds experienced net outflows of ($568M), driven overwhelmingly by the Precious Metals category, which lost ($560M). Agriculture saw minor inflows of $1M, while all other categories were flat or saw minor outflows. Fund-level activity was led by SLV and GLDM, both collecting $33M, but the largest outflow came from GLD, which shed ($569M).

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SLV iShares Silver Trust $33M $25.58B
GLDM SPDR Gold Minishares Trust of beneficial interest $33M $23.35B
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1.. $5M $0.32B
DBA Invesco DB Agriculture Fund $1M $0.76B
KCCA KraneShares California Carbon Allowance Strategy ETF $0M $0.12B
Top 5 Laggards
GLD SPDR Gold Shares ($569M) $137.89B
IAU iShares Gold Trust ($31M) $64.21B
SIVR abrdn Physical Silver Shares ETF ($25M) $3.73B
FTGC First Trust Global Tactical Commodity Strategy Fund ($5M) $2.16B
CPER United States Copper Index Fund ($5M) $0.33B

Digital Assets

Digital Asset funds saw net flows of $87M. Bitcoin funds led inflows with $65M, closely followed by Altcoin funds gathering $62M. Ethereum funds saw the only notable category outflow at ($40M). At the fund level, IBIT ($61M) and BTC ($54M) were the top two leaders, while ETHA ($25M in outflows) was the top laggard.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
IBIT iShares Bitcoin Trust ETF $61M $69.74B
BTC Grayscale Bitcoin Mini Trust ETF $54M $4.26B
BSOL Bitwise Solana Staking ETF $36M $0.48B
XRPC Canary XRP ETF $13M $0.28B
GSOL Grayscale Solana Trust ETF $13M $0.11B
Top 5 Laggards
ETHA iShares Ethereum Trust ETF ($25M) $10.59B
FBTC Fidelity Wise Origin Bitcoin Fund ($21M) $17.74B
HODL VanEck Bitcoin ETF ($18M) $1.58B
ETHE Grayscale Ethereum Trust ETF ($16M) $2.83B
BITO ProShares Bitcoin ETF ($10M) $2.26B

Non-Traditional

Non-Traditional funds saw massive net outflows of ($7,244M) for the day, primarily driven by the Leverage | Inverse category which shed ($8,850M). This strong headwind offset large inflows into Buffer products ($1,429M) and Synthetic Income products ($176M). At the fund level, the leader was the inverse leveraged ETF SQQQ ($10,568M), while the largest outflow came from its bull counterpart, TQQQ ($13,916M).

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SQQQ ProShares UltraPro Short QQQ $10,568M $2.67B
SDS ProShares UltraShort S&P 500 $1,457M $0.38B
SPXU ProShares UltraPro Short S&P500 $1,254M $0.44B
ETHD ProShares UltraShort Ether ETF $931M $0.10B
FNOV FT Vest U.S. Equity Buffer ETF – November $659M $1.61B
Top 5 Laggards
TQQQ ProShares UltraPro QQQ ($13,916M) $27.97B
QLD ProShares Ultra QQQ ($4,934M) $9.98B
SSO ProShares Ultra S&P 500 ($3,382M) $6.80B
USD ProShares Ultra Semiconductors ($816M) $1.63B
UDOW ProShares UltraPro Dow30 ($338M) $0.67B

Recent ETF Launches

Direxion was highly active with five launches on the most recent day of inception, including single-stock leveraged products like ORCU and CONX. The table below lists the 10 newest funds to market, demonstrating continued innovation in the digital asset and non-traditional sectors. Click the header above to explore the full ETF database, where you can sort by inception date to see all new funds.

Day of Inception Ticker Fund Name Category AUM
11/19/2025 ORCU Direxion Daily ORCL Bull 2X ETF Unclassified $2.61M
11/19/2025 ORCS Direxion Daily ORCL Bear 1X ETF Unclassified $2.44M
11/19/2025 LINT Direxion Daily INTC Bull 2X ETF Unclassified $2.61M
11/19/2025 HODU Direxion Daily HOOD Bull 2X ETF Unclassified $2.67M
11/19/2025 CONX Direxion Daily COIN Bull 2X ETF Unclassified $2.41M
11/18/2025 XRPM Amplify XRP 3% Monthly Premium Income ETF Non-Traditional: Synthetic Income – Crypto $0.74M
11/18/2025 VUSI Tidal Trust IV Voya Ultra Short Income ETF Unclassified $109.01M
11/18/2025 VCOB Tidal Trust IV Voya Core Bond ETF Unclassified $108.92M
11/18/2025 TSOL 21Shares Solana ETF Unclassified $103.65M
11/18/2025 SOLC Canary Marinade Solana ETF Digital Asset: Cryptocurrency – Altcoin $0.76M

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 20, 2025, and reflects create/redeem activity from Tuesday, November 19, 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.