Issuer League Tables
The ETF issuer landscape saw significant divergence in daily activity, with SPDR and iShares leading absolute inflows at $20.0 billion and $18.4 billion, respectively. Conversely, Vanguard experienced a substantial single-day outflow of $13.5 billion, which contrasts with its positive $146.5 billion year-to-date trend. On a relative basis, HCM and Bushido saw the highest percentage growth in assets under management, both exceeding 21.5% in 1-day flow relative to AUM.
Issuer Flows (Absolute)
| Brand | AUM | 1 Day | 5 Day | 30 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Top 5 Leaders | ||||||
| SPDR | $1,720.03B | $20,049M | $15,615M | $12,528M | $17.83B | $90.75B |
| iShares | $4,012.26B | $18,436M | $44,002M | $25,255M | $72.79B | $406.60B |
| Capital Group | $120.84B | $4,219M | $1,109M | $673M | $17.09B | $55.89B |
| ProShares | $103.08B | $3,930M | -$477M | $586M | $22.98B | $23.63B |
| Allianz | $5.08B | $440M | $435M | $511M | $0.65B | $1.14B |
| Top 5 Laggards | ||||||
| Vanguard | $3,929.92B | -$13,467M | -$18,071M | $42,295M | $146.45B | $458.31B |
| Invesco | $784.49B | -$1,649M | -$33M | -$5,146M | $7.52B | $67.77B |
| Direxion | $49.50B | -$712M | $316M | $3,295M | -$3.28B | -$16.11B |
| State Street | $77.53B | -$138M | -$63M | $1,283M | $4.82B | $13.39B |
| Xtrackers | $28.12B | -$124M | -$171M | -$0.26B | -$786M | -$0.50B |
Issuer Flows (Relative to AUM)
| Brand | AUM | 1 Day Flow | % of AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| HCM | $1,512M | $330M | 21.82% |
| Bushido | $823M | $178M | 21.59% |
| Stacked | $72M | $16M | 21.50% |
| Liberty One | $136M | $18M | 13.34% |
| Allianz | $5,080M | $435M | 8.56% |
| Top 5 Laggards | |||
| Relative Sentiment | $103M | -$16M | -15.69% |
| Voya | $302M | -$31M | -10.20% |
| Nomura | $736M | -$37M | -4.96% |
| US Commodity Funds | $4,436M | -$105M | -2.37% |
| Quadratic | $477M | -$8M | -1.59% |
Daily ETF Flow Analysis
Total daily net flows across all asset classes reached $26.9 billion, driven primarily by $23.9 billion in Equity inflows. Fixed Income also saw positive activity with $10.4 billion in net new assets, while the Commodity asset class experienced a significant withdrawal of $3.9 billion. The Digital Asset class remained relatively flat with a minor outflow of $8 million, diverging from its positive $34.4 billion year-to-date performance.
Asset Class Flows
| Asset Class | AUM | 1 Day | 1 Week | 1 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity | $10,298.3B | $23,891M | $43,420M | $78,862M | $262,539M | $971,499M |
| Fixed Income | $2,423.8B | $10,356M | $2,097M | $52,200M | $509,000M | $166,178M |
| Commodity | $345.3B | -$3,896M | -$255M | -$10,960M | -$315M | $44,003M |
| Alternative | $11.5B | $0M | $11M | $573M | $1,133M | $5,023M |
| Multi-Asset | $34.4B | $227M | $67M | $1,279M | $3,845M | $10,482M |
| Currency | $3.1B | $167M | -$9M | $481M | $782M | $774M |
| Non-Traditional | $395.3B | $925M | $3,224M | $13,440M | $24,042M | $83,463M |
| Digital Asset | $109.2B | -$8M | $147M | $2,799M | $34,445M | -$874M |
| Total | $13,620.9B | $26,874M | $53,491M | $138,673M | $457,311M | $1,659,095M |
Top/Bottom 10 Category Flows
| Category | AUM | 1 Day Flow |
|---|---|---|
| Top 10 Leaders | ||
| Equity: U.S. Large Cap – Blend | $3,904.08B | $23,699M |
| Fixed Income: Taxable – Government Ultrashort | $244.31B | $2,431M |
| Equity: Sector – Information Technology | $339.57B | $1,426M |
| Equity: Sector – Financials | $89.00B | $1,221M |
| Equity: U.S. Small Cap – Blend | $334.57B | $839M |
| Non-Traditional: Buffer – Equity | $82.91B | $742M |
| Fixed Income: Taxable – Ultrashort | $177.08B | $488M |
| Equity: Sector – Industrial | $78.47B | $426M |
| Equity: Global Ex-U.S. Large Cap – Blend | $988.41B | $408M |
| Equity: Sector – Health Care | $91.67B | $384M |
| Bottom 10 Laggards | ||
| Equity: U.S. Large Cap Growth- | $1,182.90B | -$1,564M |
| Fixed Income: Taxable – Government Long | $132.81B | -$1,092M |
| Equity: Emerging Large Cap | $401.72B | -$1,073M |
| Equity: Region – Eurozone | $67.32B | -$649M |
| Equity: Region – Country Specific | $162.61B | -$638M |
| Equity: Thematic – Precious Metals | $48.37B | -$446M |
| Fixed Income: Taxable – Short-Term | $158.04B | -$352M |
| Equity: U.S. Mid Cap – Value | $79.31B | -$320M |
| Equity: U.S. Small Cap – Value | $103.10B | -$308M |
| Equity: U.S. Small Cap – Growth | $50.37B | -$301M |
U.S. Size & Style
The U.S. Size & Style segment was dominated by large-cap activity, specifically within S&P 500-linked products. IVV and SPY combined for over $33 billion in daily inflows, offsetting large withdrawals from VOO. Broadly, the U.S. Blend category saw significant net positive interest while Growth styles experienced contraction.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| IVV | iShares Core S&P 500 ETF | $704.5B | $17,878M |
| SPY | State Street SPDR S&P 500 ETF | $643.9B | $15,274M |
| IWM | iShares Russell 2000 ETF | $72.8B | $2,067M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $112.7B | $914M |
| CGMM | Capital Group U.S. Small and Mid Cap ETF | $1.9B | $254M |
| Bottom 5 Laggards | |||
| VOO | Vanguard S&P 500 ETF | $840.6B | -$10,133M |
| QQQ | Invesco QQQ Trust Series I | $377.5B | -$1,500M |
| VB | Vanguard Small-Cap ETF | $71.9B | -$1,015M |
| VO | Vanguard Mid-Cap ETF | $93.4B | -$885M |
| DIA | State Street SPDR Dow Jones Industrial Average ETF Trust | $41.7B | -$393M |
Size & Style ex-U.S.
International equity flows were marked by a substantial exit from the EEM emerging markets fund, which saw a $1.0 billion daily outflow. Conversely, VEA led the category with over $500 million in inflows, reinforcing its positive weekly trend. Global Ex-U.S. Large Cap Blend remains the largest sub-category by AUM at $988.4 billion.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| VEA | Vanguard FTSE Developed Markets ETF | $203.5B | $508M |
| DFIV | Dimensional International Value ETF | $17.7B | $92M |
| CGDG | Capital Group Dividend Growers ETF | $4.5B | $27M |
| IDMO | Invesco S&P International Developed Momentum ETF | $3.1B | $24M |
| CGGE | Capital Group Global Equity ETF | $2.2B | $20M |
| Bottom 5 Laggards | |||
| EEM | iShares MSCI Emerging Markets ETF | $25.4B | -$1,024M |
| EFV | iShares MSCI EAFE Value ETF | $28.1B | -$87M |
| BBIN | JPMorgan BetaBuilders International Equity ETF | $5.8B | -$58M |
| JGLO | JPMorgan Global Select Equity ETF | $6.5B | -$52M |
| EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | $3.1B | -$45M |
Sector & Industry
Financials and Semiconductors led sector-specific interest, with XLF capturing $1.1 billion in daily inflows. Tech interest was focused on semiconductors, as SMH saw $606 million in new assets. Outflows were most prominent in bank-specific and energy sectors, with KBWB and XLE leading daily laggards.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| XLF | State Street Financial Select Sector SPDR ETF | $46.9B | $1,098M |
| SMH | VanEck Semiconductor ETF | $43.8B | $606M |
| XLI | State Street Industrial Select Sector SPDR ETF | $27.6B | $440M |
| KRE | State Street SPDR S&P Regional Banking ETF | $3.7B | $434M |
| IGV | iShares Expanded Tech-Software Sector ETF | $11.5B | $405M |
| Bottom 5 Laggards | |||
| KBWB | Invesco KBW Bank ETF | $5.0B | -$244M |
| XLE | State Street Energy Select Sector SPDR ETF | $41.3B | -$125M |
| IYM | iShares U.S. Basic Materials ETF | $1.0B | -$75M |
| IYJ | iShares U.S. Industrials ETF | $2.1B | -$74M |
| EUFN | iShares MSCI Europe Financials ETF | $3.5B | -$63M |
Region & Country
Activity in regional ETFs was heavily tilted toward outflows in Europe and Japan. VGK and EWJ experienced the largest daily contractions, with $486 million and $288 million in net outflows, respectively. The United Kingdom through EWU was a notable leader, securing $44 million in new daily assets.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| EWU | iShares MSCI United Kingdom ETF | $3.27B | $44M |
| EWS | iShares MSCI Singapore ETF | $0.79B | $25M |
| EWN | iShares MSCI Netherlands ETF | $0.40B | $12M |
| NORW | Global X MSCI Norway ETF | $0.14B | $10M |
| EWK | iShares MSCI Belgium ETF | $0.08B | $6M |
| Bottom 5 Laggards | |||
| VGK | Vanguard FTSE Europe ETF | $29.05B | -$486M |
| EWJ | iShares MSCI Japan ETF | $18.90B | -$288M |
| INDA | iShares MSCI India ETF | $7.11B | -$150M |
| FEZ | State Street SPDR EURO STOXX 50 ETF | $4.58B | -$135M |
| EWT | iShares MSCI Taiwan ETF | $7.57B | -$72M |
Thematic
Thematic equity saw concentrated daily outflows in Precious Metals and Natural Resources categories. GDXJ and GDX combined for $258 million in outflows, reflecting a broader trend in the Junior Gold and Gold Miners space. On the positive side, Telecommunications and Innovation themes led by IYZ and ARKK recorded modest daily gains.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| IYZ | iShares U.S. Telecommunications ETF | $0.84B | $40M |
| ARKK | ARK Innovation ETF | $6.10B | $39M |
| XME | State Street SPDR S&P Metals & Mining ETF | $4.11B | $36M |
| ARKG | ARK Genomic Revolution ETF | $1.06B | $27M |
| GPZ | VanEck Alternative Asset Manager ETF | $0.16B | $21M |
| Bottom 5 Laggards | |||
| GDXJ | VanEck Junior Gold Miners ETF | $8.16B | -$146M |
| GDX | VanEck Gold Miners ETF | $25.43B | -$112M |
| SILJ | Amplify Junior Silver Miners ETF | $3.80B | -$93M |
| IGE | iShares North American Natural Resources ETF | $0.86B | -$70M |
| SIL | Global X Silver Miners ETF | $4.90B | -$69M |
Fixed Income
Daily activity in Fixed Income was heavily focused on short-duration and cash-equivalent strategies. BIL and SGOV dominated inflows, attracting a combined $2.28 billion. Long-duration Treasuries and Investment Grade corporates experienced the heaviest selling, with TLT recording an $829 million daily outflow.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | $47.24B | $1,412M |
| SGOV | iShares 0-3 Month Treasury Bond ETF | $81.79B | $870M |
| IEI | iShares 3-7 Year Treasury Bond ETF | $18.74B | $343M |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | $15.76B | $246M |
| MINT | PIMCO Enhanced Short Maturity Active ETF | $15.72B | $211M |
| Bottom 5 Laggards | |||
| TLT | iShares 20+ Year Treasury Bond ETF | $42.54B | -$829M |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | $30.66B | -$489M |
| USHY | iShares Broad USD High Yield Corporate Bond ETF | $24.93B | -$298M |
| VCSH | Vanguard Short-Term Corporate Bond ETF | $41.32B | -$269M |
| IEF | iShares 7-10 Year Treasury Bond ETF | $48.43B | -$266M |
Commodity
Gold-linked ETFs showed divergence in activity as GLDM captured $115 million in new assets while IAU shed $223 million. Overall, Precious Metals saw a category-wide contraction of $129 million on the day. Industrial Metals and Energy focused funds also trended lower, with USO and CPER reporting significant outflows.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| GLDM | SPDR Gold Minishares Trust | $28.65B | $115M |
| GLD | SPDR Gold Shares | $151.16B | $41M |
| BNO | United States Brent Oil Fund LP | $0.71B | $19M |
| EDGH | 3EDGE Dynamic Hard Assets ETF | $0.14B | $14M |
| HGER | Harbor Commodity All-Weather Strategy ETF | $2.33B | $13M |
| Bottom 5 Laggards | |||
| IAU | iShares Gold Trust | $68.10B | -$223M |
| USO | United States Oil Fund LP | $2.05B | -$66M |
| CPER | United States Copper Index Fund | $0.70B | -$62M |
| AAAU | Goldman Sachs Physical Gold ETF | $2.73B | -$31M |
| DBB | Invesco DB Base Metals Fund | $0.31B | -$30M |
Cryptocurrency
Bitcoin spot ETFs continued to attract the majority of segment flows, led by IBIT with $161 million in new daily assets. Ethereum strategies showed weakness as ETHA and FETH combined for $18 million in daily outflows. Total segment AUM remains dominated by Bitcoin products at $93.4 billion, while the year-to-date trend remains strongly positive despite recent volatility.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| IBIT | iShares Bitcoin Trust ETF | $55.80B | $161M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | $13.06B | $42M |
| ETHB | iShares Staked Ethereum Trust ETF | $0.27B | $1M |
| QSOL | Invesco Galaxy Solana ETF | $0.01B | $0M |
| XRPZ | Franklin XRP ETF | $0.23B | $0M |
| Bottom 5 Laggards | |||
| GBTC | Grayscale Bitcoin Trust ETF | $10.96B | -$26M |
| ETHA | iShares Ethereum Trust ETF | $6.83B | -$16M |
| ARKB | ARK 21Shares Bitcoin ETF | $2.51B | -$9M |
| BITW | Bitwise 10 Crypto Index ETF | $0.71B | -$4M |
| FETH | Fidelity Ethereum Fund ETF | $1.23B | -$2M |
Non-Traditional
Non-traditional ETFs saw high activity in Buffer and Leverage/Inverse categories, with SIXO leading relative interest with $421 million in daily inflows. High-beta semiconductor products experienced the most significant outflows, as SOXL shed $522 million in a single session. Synthetic income strategies remain a primary driver of category AUM, led by large active products like JEPI and JEPQ.
| Ticker | Name | AUM | 1 Day Flow |
|---|---|---|---|
| Top 5 Leaders | |||
| SIXO | AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | $0.42B | $421M |
| TQQQ | ProShares UltraPro QQQ | $23.91B | $328M |
| USD | ProShares Ultra Semiconductors | $1.53B | $238M |
| BUFT | FT Vest Buffered Allocation Defensive ETF | $0.28B | $141M |
| JEPI | JPMorgan Equity Premium Income ETF | $43.67B | $123M |
| Bottom 5 Laggards | |||
| SOXL | Direxion Daily Semiconductor Bull 3X ETF | $11.89B | -$522M |
| SPXL | Direxion Daily S&P 500 Bull 3X ETF | $4.73B | -$182M |
| SQQQ | ProShares UltraPro Short QQQ | $2.60B | -$66M |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | $0.82B | -$44M |
| UCO | ProShares Ultra Bloomberg Crude Oil | $0.77B | -$41M |
Recent Launches
The ETF market continued its rapid expansion with 10 new products debuting in the last week of March. Northern Trust’s NOEQ led recent launches in terms of initial scale, recording $765.4 million in assets shortly after inception. This activity aligns with a robust quarterly trend that has seen over 240 new ETF launches in the past three months across various categories.
| Ticker | Name | ETF Action Category | Inception | AUM |
|---|---|---|---|---|
| NOEQ | Northern Trust US Equity ETF | Unclassified | 3/20/2026 | $765.4M |
| AAUA | Alpha Architect US Equity 3 ETF | Unclassified | 3/19/2026 | $327.0M |
| ACTS | FIS Tactical Equity ETF | Unclassified | 3/19/2026 | $6.6M |
| BRIB | FIS Bright Portfolios Core Bond ETF | Unclassified | 3/19/2026 | $23.7M |
| DFMC | U.S. Micro Cap Portfolio ETF | Unclassified | 3/19/2026 | $0.0M |
| FTHB | FIS Faith Income ETF | Unclassified | 3/19/2026 | $4.0M |
| NTSD | WisdomTree Efficient U.S. Plus International Equity Fund | Unclassified | 3/19/2026 | $1.0M |
| BHDG | Nicholas Bitcoin Tail ETF | Unclassified | 3/18/2026 | $2.1M |
| DVVY | Invesco Diversified Dividend Opportunities ETF | Equity: U.S. Large Cap – Value | 3/18/2026 | $2.5M |
| QEW | Invesco QQQ Equal Weight ETF | Equity: U.S. Large Cap-Growth | 3/18/2026 | $2.5M |
