Daily Flow Report: Large Cap Value and Health Care Lead Despite Broader Market Outflows

Issuer League Tables

Over the most recent trading session, iShares recorded absolute net inflows of $10.04B, contributing to its $32.41B 30-day haul and $400.48B 1-year total. Vanguard registered the largest daily absolute outflows at -$10.58B, pulling its 5-day flow negative to -$57.44B, though the issuer maintains $459.47B in 1-year inflows. On a relative basis, Transamerica experienced a 27.27% increase in AUM via $45M in 1-day flows, while NPF sustained the steepest relative contraction with a 14.06% decline representing -$81M.

Issuer Flows (Absolute)

Issuer Flows (Relative)

Daily ETF Flow Analysis

Total net outflows across all asset classes reached -$806M for the session, contrasting with the $98.56B accumulated over the preceding 1-month period. Equity ETFs drove the short-term declines with -$319M in daily outflows, despite maintaining $955.63B in trailing 1-year inflows. At the sub-category level, U.S. Large Cap Value attracted the highest single-day commitments at $563M, while U.S. Small Cap Blend experienced the most significant single-day reductions at -$1.20B.

Asset Class Flows

Top/Bottom 10 Category Flows

U.S. Size & Style

The U.S. Size and Style segment recorded broad outflows in the latest session, shedding -$35.48B overall over the trailing 1-week period. Large Cap Value funds captured notable capital allocation with IVV and KLMN logging daily inflows of $12.76B and $810M, respectively. Conversely, VOO recorded an absolute daily reduction of -$11.08B, aligning with negative short-term trends for large blend products that still retain robust 1-year inflows of $306.92B.

Size & Style ex-U.S.

International size and style ETFs experienced aggregate net outflows of -$64M for the day, largely driven by large cap value allocations retreating. URTH led daily inflows with $72M, enhancing its $7.0B asset base, followed by DEM which secured $40M. In contrast, EFV and EEM posted the deepest reductions, reporting single-day outflows of -$88M and -$78M, respectively, reflecting shorter-term repositioning within international value and emerging markets compared to their positive 1-month totals.

Sector & Industry

Sector-specific ETF flows were predominantly negative, registering -$40M overall during the trading day and tracking a larger -$6.29B decline over the trailing week. Semiconductors and biotech remained accumulation targets, highlighted by SMH and XBI securing $539M and $260M, respectively, contributing to the broader Technology sector’s $15.26B 1-year flow. Software and industrials faced immediate drawdowns, with IGV losing -$780M and XLI declining by -$272M as capital shifted outward.

Region & Country

Country and regional ETFs contracted by -$319M in the most recent session, with the Asia-Pacific complex surrendering -$164M globally. AIA demonstrated relative strength by attracting $114M in new assets, while EIS recorded minor inflows of $6M to support its $0.93B AUM. European and Japanese exposures documented the most substantial single-day contractions, led by EZU with -$131M in outflows and BBJP shedding -$69M against a backdrop of flat 1-month flows.

Thematic

Thematic funds generated total daily inflows of $168M, advancing a 1-year capital accumulation trajectory that presently stands at $70.38B. Artificial intelligence and infrastructure themes anchored daily demand, as BAI and CIBR collected $48M and $44M, respectively. Resource-focused thematic portfolios experienced daily divestitures, with PICK recording -$58M in outflows and SIL declining by -$34M, partially offsetting longer-term category expansion.

Fixed Income

Fixed income ETFs sustained -$238M in daily net outflows, diverging from the asset class’s substantial $48.32B 1-month inflow total. Short-duration instruments maintained favorable capital momentum, led by VGSH receiving $178M and BKLN absorbing $121M. Core aggregate and ultra-short government categories led the absolute declines, with AGG and BIL shedding -$288M and -$286M, respectively, within a session characterized by duration repositioning.

Commodity

Commodity-linked ETFs extended aggregate net outflows to -$118M for the day, accumulating a -$11.92B drawdown over the preceding 1-month timeframe. Energy products exhibited daily resilience, driven by USO capturing $158M in net new assets, while GLD added $42M. Conversely, precious metals broadly retraced as SLV logged the steepest categorical reduction at -$245M, overriding minor accumulations in agricultural allocations.

Cryptocurrency

Digital asset ETFs demonstrated muted aggregate activity with $1M in total net daily inflows, stabilizing against a 1-week decline of -$258M. Bitcoin exposures drove the primary positive momentum via FBTC gaining $83M, while FETH secured $24M to lead Ethereum-focused offerings. Sector heavyweight IBIT registered the largest daily contraction of -$71M, and ETHA shed -$33M, marginally diluting the category’s historic $34.23B 1-year inflow profile.

Non-Traditional

Non-traditional and alternative strategy ETFs registered a daily net outflow of -$53M, a minor reduction compared to their $82.26B 1-year inflow total. Leveraged equity and buffer strategies commanded the top flow positions, with TQQQ gathering $242M and APRW securing $170M. Conversely, SOXL and USD recorded immediate capital reductions of -$446M and -$246M, illustrating rapid turnover within leveraged semiconductor allocations.

Recent Launches

Product innovation continues to expand the ETF ecosystem, with 254 new funds introduced over the trailing three months holding $36.70B in combined initial assets. Tradr and Leverage Shares represent the most active recent issuers, aggressively launching structured and leveraged single-stock exposures. The latest market entries are predominantly unclassified or inverse equity strategies tailored to tactically oriented market participants.