ETF Flows: Fixed Income Surges, Tech Leads Equities

Issuer League Tables

Vanguard captured the top spot for absolute daily inflows, adding $9,813M to bring its total assets under management to $4,432.02B. On the opposite end of the spectrum, SPDR experienced the largest daily asset contraction with absolute outflows of $5,096M. Looking at flows relative to total assets, Fitzgerald led all issuers by capturing $7M, representing a 10.69% expansion of its asset base. Conversely, IDX registered the most significant relative asset decline, shedding 3.65% of its total assets via $3M in daily outflows. Overall, year-to-date net inflows across all 506 issuers stand at $877.28B.

Issuer Flows (Absolute)

Issuer Flows (Relative to AUM)

Daily ETF Flow Analysis

Fixed Income led all major asset classes for the day with $1,585M in net creations, boosting its trailing one-year total to $566,085M. The Commodity segment recorded the deepest daily contraction, losing $700M to bring its one-month net flow to negative $2,271M. At the category level, Information Technology equities dominated with $2,133M in single-day inflows, followed by Equity Buffers at $1,039M. U.S. Large Cap Growth equities saw the largest category-level distributions, giving back $1,791M during the session. Overall market activity generated a total of $1,510M in positive net flows across the $15,415.6B ETF landscape.

Asset Class Flows

Top & Bottom 10 Category Flows

U.S. Size & Style

Broad market indices experienced significant bifurcation during the session, with the Vanguard S&P 500 ETF (VOO) taking in an industry-leading $8,107M. By contrast, the State Street SPDR S&P 500 ETF (SPY) and iShares Core S&P 500 ETF (IVV) paced the laggards with $4,694M and $4,531M in respective outflows. The Invesco S&P 500 Equal Weight ETF (RSP) maintained positive momentum, gathering $334M in daily creations. The Invesco QQQ Trust (QQQ) witnessed heavy distributions, losing $2,363M from its $472.8B asset base. Small cap exposure also trended lower, evidenced by the $227M withdrawal from the iShares Russell 2000 ETF (IWM).

Size & Style ex-U.S.

International equity flows were relatively subdued compared to domestic counterparts, with the Capital Group International Focus Equity ETF (CGXU) leading creations at $55M. The Avantis International Small Cap Value ETF (AVDV) followed closely, securing $48M in daily net inflows. The iShares MSCI EAFE Value ETF (EFV) absorbed the heaviest redemptions in the segment, losing $247M for the day. Broad emerging market strategies also faced headwinds, as the Schwab Emerging Markets Equity ETF (SCHE) and SPDR Portfolio Emerging Markets ETF (SPEM) shed $32M and $25M, respectively. The Capital Group Global Growth Equity ETF (CGGO) rounded out the top three leaders with a solid $40M addition to its asset base.

Sector & Industry

Semiconductor strategies captured the bulk of daily sector allocations, with the iShares Semiconductor ETF (SOXX) drawing $1,657M in net creations. The VanEck Semiconductor ETF (SMH) secured the second position overall, adding $927M to its $68.8B portfolio. The iShares Expanded Tech-Software Sector ETF (IGV) registered the steepest single-day decline, shedding $799M. Broad technology exposure remained mixed, as the Technology Select Sector SPDR Fund (XLK) added $203M while the SPDR S&P Biotech ETF (XBI) lost $154M. Financials also displayed strength, highlighted by the Financial Select Sector SPDR Fund (XLF) pulling in $203M.

Region & Country

Single-country European exposure led the international regional segment, driven by the iShares MSCI Finland ETF (EFNL) gathering $122M. The iShares MSCI Poland ETF (EPOL) also recorded positive flows, adding $59M to its $0.68B asset base. Broad European exposure saw the heaviest distributions, as the Vanguard FTSE Europe ETF (VGK) logged $166M in net outflows. Asian markets experienced mixed results, with the iShares MSCI Japan ETF (EWJ) losing $152M while the iShares MSCI Thailand ETF (THD) generated $36M in creations. The Franklin FTSE Taiwan ETF (FLTW) and KraneShares CSI China Internet ETF (KWEB) rounded out the bottom three, losing $136M and $135M, respectively.

Thematic

Artificial intelligence and technology-focused thematic strategies attracted robust daily flows, led by the Roundhill Generative AI & Technology ETF (CHAT) with $329M in creations. The AB Disruptors ETF (FWD) and Roundhill Memory ETF (DRAM) gathered $83M and $61M, respectively. Mining and homebuilding themes paced the laggards, with the SPDR S&P Metals & Mining ETF (XME) shedding $160M for the session. The SPDR S&P Homebuilders ETF (XHB) experienced $88M in daily distributions, decreasing its total assets to $1.59B. The Global X Silver Miners ETF (SIL) also faced redemptions, losing $52M on the day.

Fixed Income

Securitized and long-term corporate bonds led fixed income allocations, with the iShares MBS ETF (MBB) accumulating $703M. The Vanguard Long-Term Corporate Bond ETF (VCLT) ranked second in the category, recording $423M in net daily creations. Ultra-short treasury products generated massive liquidity shifts, highlighted by the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) taking in $303M while the Global X 1-3 Month T-Bill ETF (CLIP) lost $291M. Emerging market and high yield debt faced widespread distributions, evidenced by the iShares JP Morgan USD Emerging Markets Bond ETF (EMB) shedding $229M. The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) matched this downward trajectory, giving back $207M.

Commodity

The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy ETF (CERY) topped the commodity segment, adding $14M in daily net flows. The United States Brent Oil Fund (BNO) followed closely, generating $13M in creations across the session. Physical precious metals experienced heavy liquidations, led by the SPDR Gold Shares (GLD) registering $476M in distributions. The iShares Gold Trust (IAU) and iShares Silver Trust (SLV) joined the outflow trend, shedding $77M and $58M, respectively. The Invesco DB Agriculture Fund (DBA) posted the steepest non-metal decline, losing $59M from its $1.18B asset base.

Cryptocurrency

Bitcoin strategies produced mixed daily results, with the ARK 21Shares Bitcoin ETF (ARKB) leading creations by securing $63M. The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded $59M in net inflows to push its total assets to $11.42B. The iShares Bitcoin Trust ETF (IBIT) paced the laggards by a wide margin, shedding $233M in single-day distributions. Ethereum exposure saw modest positive activity, as the Fidelity Ethereum Fund ETF (FETH) and iShares Staked Ethereum Trust ETF (ETHB) gathered $29M and $27M, respectively. The VanEck Ethereum ETF (ETHV) posted the largest altcoin outflow, giving back $4M.

Non-Traditional

Leveraged single-stock technology funds dominated non-traditional trading volume, highlighted by the GraniteShares 2x Long AMD Daily ETF (AMDL) adding $481M. Buffer strategies performed well, with the Innovator U.S. Equity Ultra Buffer ETF – July (UJUL) and Innovator U.S. Small Cap Power Buffer ETF – July (KJUL) securing $142M and $136M, respectively. The GraniteShares 2x Long NVDA Daily ETF (NVDL) posted the deepest category redemptions, bleeding $766M in a single session. Income generation strategies also faced liquidations, led by the JPMorgan Equity Premium Income ETF (JEPI) giving back $405M. The ProShares UltraPro Short QQQ (SQQQ) registered $142M in distributions, bringing its AUM down to $2.23B.

Recent Launches

Issuer innovation remains active in 2026, with the year-to-date launch total climbing to 427 distinct ETF products. The HCM Large Cap Growth ETF (AQLG) entered the market on June 8, accumulating an initial $73.24M in assets under management. Defiance continued expanding its leveraged single-stock lineup, debuting the Daily Target 2X Long VELO ETF (VELL) and Daily Target 2X Long INFQ ETF (INFH) on June 4. Corgi significantly broadened its fixed income suite on the same day, releasing multiple duration-targeted products including the 1-3 Year Treasury Bond ETF (CUST). The MFS Active International Value ETF (MIVL) also began trading, gathering $14.86M out of the gate.