Issuer League Tables
The U.S. ETF market continues its expansion, now encompassing $13,288B in AUM across 4,832 products from 471 issuers. iShares dominated 1-day flow activity, bringing in a massive $46,891M, significantly outpacing its peers. In contrast, major heavyweights SPDR and Vanguard experienced substantial redemptions, shedding -$21,322M and -$15,952M respectively. Other notable gainers for the day included JPMorgan with $716M and Invesco with $711M in net new assets.
| Brand | 1-Day Flow | 30-Day Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|
| Inflows | ||||
| iShares | $46,891M | $25,460M | $313.16B | $370.51B |
| Avantis | $745M | $2,962M | $25.90B | $26.88B |
| JPMorgan | $716M | $6,139M | $66.96B | $69.31B |
| Invesco | $711M | $10,557M | $69.25B | $75.31B |
| VanEck | $446M | $136M | $3.95B | $3.97B |
| Outflows | ||||
| SPDR | ($21,322M) | $17,893M | $77.22B | $64.56B |
| Vanguard | ($15,952M) | $85,545M | $424.66B | $417.24B |
| Pacer | ($163M) | ($462M) | ($9.19B) | ($9.57B) |
| Goldman Sachs | ($129M) | $1,175M | $7.99B | $8.02B |
| ARK | ($106M) | $449M | ($1.28B) | ($1.62B) |
Daily ETF Flow Analysis
Total 1-day net flows for the U.S. ETF market reached $14.41B. Equities led all asset classes with $11,30B in new capital, while Fixed Income added $2.56B. Non-Traditional funds also saw strength, collecting $1.62B. Conversely, Digital Assets saw significant redemptions of -$500M, and Currencies shed -$20M.
| Asset Class | 1-Day Flow | 1-Week Flow | 1-Month Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|---|
| Equity | $11,296M | $57,325M | $140,521M | $789,859M | $840,381M |
| Fixed Income | $2,557M | $9,413M | $41,209M | $421,426M | $425,194M |
| Non-Traditional | $1,617M | $338M | $7,982M | $84,606M | $89,036M |
| Commodity | $693M | $2,597M | $6,733M | $52,673M | $53,254M |
| Multi-Asset | $42M | $14M | $709M | $6,620M | $7,041M |
| Alternative | $30M | $255M | $302M | $4,061M | $3,665M |
| Currency | ($20M) | ($64M) | ($27M) | $549M | $645M |
| Digital Asset | ($500M) | ($876M) | ($776M) | $36,620M | $36,070M |
| Category | 1-Day Flow | AUM |
|---|---|---|
| Top 10 Categories | ||
| Equity: Global Ex-U.S. Large Cap – Blend | $3,804M | $917.51B |
| Equity: Emerging Large Cap | $2,715M | $353.42B |
| Equity: Sector – Information Technology | $966M | $337.94B |
| Equity: U.S. Small Cap – Blend | $959M | $331.91B |
| Equity: U.S. Large Cap – Blend | $776M | $3,944.32B |
| Commodity: Focused – Precious Metals | $640M | $304.20B |
| Equity: Region – Country Specific | $568M | $146.43B |
| Fixed Income: Taxable – High Yield | $458M | $112.25B |
| Equity: U.S. Large Cap – Value | $391M | $899.59B |
| Fixed Income: Taxable – Government Long | $370M | $135.56B |
| Bottom 10 Categories | ||
| Equity: U.S. Large Cap – Growth | ($831M) | $1,253.24B |
| Equity: Sector – Financials | ($378M) | $100.98B |
| Digital Asset: Cryptocurrency – Bitcoin | ($290M) | $116.64B |
| Digital Asset: Cryptocurrency – Ethereum | ($224M) | $18.27B |
| Equity: U.S. Small Cap – Value | ($216M) | $100.32B |
| Equity: Sector – Energy | ($146M) | $43.59B |
| Equity: Sector – Health Care | ($139M) | $96.72B |
| Non-Traditional: Buffer – Equity | ($134M) | $78.97B |
| Equity: Sector – Consumer Staples | ($133M) | $26.77B |
| Equity: Sector – Consumer Discretionary | ($74M) | $36.40B |
U.S. Size & Style
U.S. equity flows were mixed across size and style categories. Small Cap Blend was a significant leader with $959M in net inflows, while U.S. Large Cap Blend added $776M. In contrast, U.S. Large Cap Growth funds saw the sharpest redemptions, losing -$831M. At the fund level, IVV ($34,820M) and IWM ($1,174M) led the pack, while SPY (-$21,426M) and VOO (-$13,413M) experienced massive outflows.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IVV | iShares Core S&P 500 ETF | $34,820M | $671.5B |
| IWM | iShares Russell 2000 ETF | $1,174M | $76.3B |
| QQQ | Invesco QQQ Trust Series I | $1,163M | $404.4B |
| MGC | Vanguard Mega Cap ETF | $792M | $9.8B |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $531M | $101.5B |
| Top 5 Laggards | |||
| SPY | SPDR S&P 500 ETF Trust | ($21,426M) | $698.9B |
| VOO | Vanguard S&P 500 ETF | ($13,413M) | $848.5B |
| VUG | Vanguard Growth ETF | ($1,643M) | $206.1B |
| VTI | Vanguard Total Stock Market ETF | ($602M) | $569.3B |
| VB | Vanguard Small-Cap ETF | ($396M) | $70.2B |
Global Ex-U.S. Size & Style
International markets showed robust strength, led by Global Ex-U.S. Large Cap Blend which attracted $3,804M in new assets. Emerging Large Cap followed with $2,715M. Fund-level activity was anchored by JEMG ($1,830M) and IEFA ($1,535M), while OAIM (-$51M) was the primary laggard.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| JEMG | iShares Core MSCI Emerging Markets ETF | $1,830M | $115.9B |
| IEFA | iShares Core MSCI EAFE ETF | $1,535M | $160.6B |
| EFA | iShares MSCI EAFE ETF | $625M | $69.3B |
| IXUS | iShares Core MSCI Total International Stock ETF | $540M | $50.9B |
| EEM | iShares MSCI Emerging Markets ETF | $285M | $20.3B |
| Top 5 Laggards | |||
| OAIM | OneAscent International Equity ETF | ($51M) | $0.3B |
| SEIE | SEI Select International Equity ETF | ($32M) | $0.8B |
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterpris.. | ($27M) | $1.8B |
| FNDC | Schwab Fundamental International Small Equity ETF | ($22M) | $3.0B |
| BINV | Brandes International ETF | ($2M) | $0.4B |
Region & Country
Regional flows were dominated by the Asia-Pacific region, which brought in $556M, followed by the Eurozone with $268M. Country-specific funds also saw significant interest, gathering $568M in aggregate. Individual fund leaders included IPAC ($247M) and EWZ ($150M), while AAXJ saw redemptions of -$18M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IPAC | iShares Core MSCI Pacific ETF | $247M | $2.16B |
| EWZ | iShares MSCI Brazil ETF | $150M | $6.39B |
| EWJ | iShares MSCI Japan ETF | $133M | $15.37B |
| EZU | iShares MSCI Eurozone ETF | $82M | $8.67B |
| EWY | iShares MSCI South Korea ETF | $71M | $7.22B |
| Top 5 Laggards | |||
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | ($18M) | $3.02B |
| ARGT | Global X MSCI Argentina ETF | ($16M) | $0.78B |
| KWEB | KraneShares CSI China Internet ETF | ($9M) | $8.80B |
| EWA | iShares MSCI Australia ETF | ($5M) | $1.32B |
| INQQ | The India Internet ETF | ($1M) | $0.06B |
Sector & Industry
Real Estate was the clear standout in sector flows, pulling in $1,034M, followed by Industrial ($815M) and Information Technology ($480M). Financials faced the steepest headwind, losing -$378M. At the fund level, SOXX ($725M) and XLRE ($223M) led inflows, while XLF (-$361M) and XLE (-$184M) were the top laggards.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SOXX | iShares Semiconductor ETF | $725M | $16.6B |
| XLRE | State Street Real Estate Select Sector SPDR ETF | $223M | $7.7B |
| XLI | State Street Industrial Select Sector SPDR ETF | $172M | $25.6B |
| SMH | VanEck Semiconductor ETF | $158M | $36.0B |
| IGV | iShares Expanded Tech-Software Sector ETF | $117M | $7.9B |
| Top 5 Laggards | |||
| XLF | State Street Financial Select Sector SPDR ETF | ($361M) | $53.3B |
| XLE | State Street Energy Select Sector SPDR ETF | ($184M) | $25.9B |
| XBI | State Street SPDR S&P Biotech ETF | ($137M) | $7.8B |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | ($135M) | $15.3B |
| XLV | State Street Health Care Select Sector SPDR ETF | ($85M) | $40.1B |
Thematic
Thematic equity flows were positive overall, with Infrastructure ($270M) and Multi-Sector ($220M) categories leading the way. Disruptive Tech also saw modest interest, adding $74M. Conversely, Evolving Consumer funds saw outflows of -$30M. Fund-level activity was highlighted by GDX ($317M) and XOVR ($190M), while ARKK faced redemptions of -$92M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| GDX | VanEck Gold Miners ETF | $317M | $25.40B |
| XOVR | ERShares Private-Public Crossover ETF | $190M | $1.04B |
| IGF | iShares Global Infrastructure ETF | $122M | $8.80B |
| XT | iShares Future Exponential Technologies ETF | $107M | $3.51B |
| BAI | iShares A.I. Innovation and Tech Active ETF | $94M | $7.80B |
| Top 5 Laggards | |||
| ARKK | ARK Innovation ETF | ($92M) | $7.56B |
| URA | Global X Uranium ETF | ($28M) | $5.24B |
| ARKG | ARK Genomic Revolution ETF | ($28M) | $1.21B |
| FDN | First Trust Dow Jones Internet Index Fund | ($27M) | $6.79B |
| MAGS | Roundhill Magnificent Seven ETF | ($22M) | $4.09B |
Fixed Income
Fixed Income saw net positive flows of $2.56B. Corporate debt led the way with $854M, followed by Government securities with $791M. In terms of duration, Intermediate funds were favored with $1,308M in inflows, while Short-term funds added $460M. Individual leaders were JEF ($357M) and SGOV ($226M), while long-dated TLT saw -$308M in redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| JEF | iShares 7-10 Year Treasury Bond ETF | $357M | $45.15B |
| SGOV | iShares 0-3 Month Treasury Bond ETF | $226M | $66.45B |
| JBND | JPMorgan Active Bond ETF | $208M | $4.87B |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | $169M | $20.58B |
| USHY | iShares Broad USD High Yield Corporate Bond ETF | $134M | $25.57B |
| Top 5 Laggards | |||
| TLT | iShares 20+ Year Treasury Bond ETF | ($308M) | $47.63B |
| TIP | iShares TIPS Bond ETF | ($88M) | $14.05B |
| PFF | iShares Preferred & Income Securities ETF | ($71M) | $14.14B |
| GOVT | iShares U.S. Treasury Bond ETF | ($60M) | $33.34B |
| EMB | iShares JP Morgan USD Emerging Markets Bond ETF | ($58M) | $16.62B |
Commodity
Commodity funds saw net inflows of $693M, almost entirely driven by the Precious Metals category which added $640M. Multi-Sector and Energy commodities saw minor inflows of $35M and $14M, respectively. Gold-backed ETFs IAUM ($207M) and GLD ($119M) led individual fund flows, while PDBC saw redemptions of -$27M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IAUM | iShares Gold Trust Micro ETF of Benef Interest | $207M | $6.17B |
| SIVR | abrdn Physical Silver Shares ETF | $144M | $4.90B |
| GLD | SPDR Gold Shares | $119M | $146.31B |
| IAU | iShares Gold Trust | $81M | $68.17B |
| HGER | Harbor Commodity All-Weather Strategy ETF | $59M | $1.33B |
| Top 5 Laggards | |||
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy N.. | ($27M) | $4.59B |
| USO | United States Oil Fund LP | ($7M) | $0.98B |
| CMDT | PIMCO Commodity Strategy Active Exchange-Traded Fund | ($4M) | $0.57B |
| DBA | Invesco DB Agriculture Fund | ($4M) | $0.74B |
| KRBN | KraneShares Global Carbon Strategy ETF | $0M | $0.18B |
Digital Assets
Digital asset funds saw notable redemptions, with Bitcoin funds losing -$290M and Ethereum funds shedding -$224M. Altcoin funds were the only segment to see positive interest, adding $19M. FBTC ($27M) led inflows, while ETHA (-$221M) and IBIT (-$211M) experienced significant redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| FBTC | Fidelity Wise Origin Bitcoin Fund | $27M | $17.52B |
| XRP | Bitwise XRP ETF | $6M | $0.21B |
| XRPC | Canary XRP ETF | $5M | $0.34B |
| XRPZ | Franklin XRP ETF | $2M | $0.18B |
| GSOL | Grayscale Solana Trust ETF | $2M | $0.16B |
| Top 5 Laggards | |||
| ETHA | iShares Ethereum Trust ETF | ($221M) | $10.54B |
| IBIT | iShares Bitcoin Trust ETF | ($211M) | $67.93B |
| BITB | Bitwise Bitcoin ETF Trust | ($51M) | $3.44B |
| HODL | VanEck Bitcoin ETF | ($18M) | $1.43B |
| ARKB | ARK 21 Shares Bitcoin ETF | ($17M) | $3.36B |
Non-Traditional
Non-Traditional funds saw strong aggregate inflows of $1.62B, largely driven by Leverage | Inverse products which brought in $745M. Synthetic Income products followed with $344M. Fund-level leaders included SOXL ($146M) and QQQI ($129M), while SQQQ saw the largest redemptions at -$121M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | $146M | $11.90B |
| QQQI | NEOS Nasdaq 100 High Income ETF | $129M | $6.94B |
| TQQQ | ProShares UltraPro QQQ | $100M | $29.74B |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $65M | $4.12B |
| JEPI | JPMorgan Equity Premium Income ETF | $53M | $41.44B |
| Top 5 Laggards | |||
| SQQQ | ProShares UltraPro Short QQQ | ($121M) | $2.28B |
| TSLL | Direxion Daily TSLA Bull 2X Shares | ($112M) | $7.39B |
| PSMD | Pacer Swan SOS Moderate (January) ETF | ($79M) | $0.08B |
| PSFD | Pacer Swan SOS Flex (January) ETF | ($48M) | $0.05B |
| SOXS | Direxion Daily Semiconductor Bear 3x Shares | ($31M) | $1.18B |
Recent ETF Launches
The ETF market continues to evolve with a wave of new products targeting diverse strategies. Recent activity was highlighted by a significant series of launches from Leverage Shares and Baron. Notable new entries include the BCFN Baron Financials ETF and MMMA MacKay Muni Allocation ETF. Click the header above to explore the full ETF database and view all recent launches by inception date.
| Launch Date | Ticker | Fund Name | Category | AUM |
|---|---|---|---|---|
| 12/16/2025 | YBTY | GraniteShares YieldBoost TopYielders ETF | Unclassified | $0.76M |
| 12/16/2025 | YBST | GraniteShares YieldBoost Single Stock Universe ETF | Unclassified | $0.75M |
| 12/16/2025 | TALV | Transamerica Large Value Active ETF | Unclassified | $2.48M |
| 12/16/2025 | SATG | Leverage Shares 2X Long SATS Daily ETF | Unclassified | $0.37M |
| 12/16/2025 | MMMA | NYLI MacKay Muni Allocation ETF | Unclassified | $25.02M |
| 12/16/2025 | IREG | Leverage Shares 2X Long IREN Daily ETF | Unclassified | $0.40M |
| 12/16/2025 | GEVG | Leverage Shares 2X Long GEV Daily ETF | Unclassified | $0.38M |
| 12/16/2025 | DBSC | Deepwater Beachfront Small Cap ETF | Unclassified | $1.23M |
| 12/16/2025 | BEG | Leverage Shares 2x Long BE Daily ETF | Unclassified | $0.36M |
| 12/15/2025 | BCFN | Baron Financials ETF | Unclassified | $54.98M |
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 December 17, 2025, and reflects create/redeem activity from Tuesday, December 16, 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.
