Note: Flow data is reported after close on a T+1 basis. The flows in this report reflect create/redeem activity from Wednesday, October 15, 2025.
Market Flow Summary
The U.S. ETF market experienced a total net inflow of +$16.54B. SPDR led all issuers with +$4.77B in net inflows, driven largely by the iShares Core S&P 500 ETF (IVV), which was the top individual fund, attracting +$2.61B. On the other side of the ledger, Janus Henderson saw the largest outflows among issuers with -$332.22M, and the iShares 20+ Year Treasury Bond ETF (TLT) experienced the largest single-fund redemption of -$761.30M. FT Vest was the most notable high-velocity brand, attracting +$1.50B, which represents +3.37% of its AUM.
Flow Summary by Asset Class
Equity funds led the day with +$10.60B in net inflows, followed by Non-Traditional funds which gathered +$2.22B. On a year-to-date basis, Equity remains the dominant asset class, having accumulated +$536.93B.
| Asset Class | 1D Flow | 1M Flow | YTD Flow |
|---|---|---|---|
| Equity | +$10.60B | +$90.25B | +$536.93B |
| Non-Traditional | +$2.22B | +$8.34B | +$70.91B |
| Commodity | +$2.21B | +$13.59B | +$45.39B |
| Fixed Income | +$1.30B | +$48.11B | +$329.82B |
| Digital Asset | +$92.64M | +$7.13B | +$41.53B |
| Multi-Asset | +$77.93M | +$1.35B | +$5.06B |
| Unspecified | +$43.17M | +$336.28M | +$406.54M |
| Currency | +$7.78M | -$37.84M | +$504.72M |
| Alternative | -$23.14M | +$603.44M | +$4.05B |
Top/Bottom Five Category Flows
The following tables highlight the top five and bottom five ETF categories by net flows for the day.
Top 5 Category Inflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Blend | +$5.32B |
| Equity: U.S. Large Cap – Growth | +$2.52B |
| Commodity: Focused – Precious Metals | +$2.20B |
| Non-Traditional: Buffer – Equity | +$1.53B |
| Equity: Global Ex-U.S. Large Cap – Blend | +$1.03B |
Bottom 5 Category Outflows
| Category | 1D Flow |
|---|---|
| Fixed Income: Taxable – Government Long | -$687.56M |
| Equity: Sector – Financials | -$487.26M |
| Fixed Income: Taxable – Corporate | -$132.40M |
| Equity: U.S. Mid Cap – Value | -$111.22M |
| Non-Traditional: Synthetic Income – Equity | -$100.56M |
ETF Issuer Flow Analysis
SPDR had the highest net inflow of +$4.77B (+0.27% of AUM). Janus Henderson experienced the largest net outflow of -$332.22M (-0.84% of AUM). FT Vest was the top high-velocity brand with an inflow of +$1.50B, representing +3.37% of AUM.
Top 5 Brands by Inflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| SPDR | $1,762.57B | +$4.77B | +0.27% |
| iShares | $3,846.69B | +$4.03B | +0.10% |
| Invesco | $772.43B | +$2.01B | +0.26% |
| FT Vest | $46.05B | +$1.50B | +3.37% |
| Vanguard | $3,677.71B | +$1.42B | +0.04% |
Bottom 5 Brands by Outflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Janus Henderson | $39.15B | -$332.22M | -0.84% |
| Dimensional | $228.01B | -$210.01M | -0.09% |
| STF | $122.68M | -$153.71M | -55.61% |
| Grayscale | $31.92B | -$78.76M | -0.25% |
| Xtrackers | $28.42B | -$61.11M | -0.21% |
High-Velocity Brands
No brands met the high-velocity criteria for today’s report.
Significant Single-Fund Movements
The top fund by inflow was iShares Core S&P 500 ETF (IVV) with +$2.61B. The largest outflow was seen in the iShares 20+ Year Treasury Bond ETF (TLT), which shed -$761.30M.
Largest Absolute Daily Flows (Net Flows > $250M)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Inflows | |||
| iShares Core S&P 500 ETF (IVV) | $700.76B | +$2.61B | +0.37% |
| SPDR S&P 500 ETF Trust (SPY) | $673.95B | +$2.29B | +0.34% |
| Invesco QQQ Trust Series I (QQQ) | $390.43B | +$1.93B | +0.50% |
| SPDR Gold Shares (GLD) | $139.84B | +$1.63B | +1.18% |
| FT Vest U.S. Equity Buffer ETF – October (FOCT) | $1.82B | +$916.61M | +101.05% |
| iShares U.S. Treasury Bond ETF (GOVT) | $30.94B | +$666.45M | +2.20% |
| SPDR Gold Minishares Trust of beneficial interest (GLDM) | $24.11B | +$391.25M | +1.65% |
| iShares Core MSCI EAFE ETF (IEFA) | $155.86B | +$367.15M | +0.24% |
| iShares Russell 1000 ETF (IWB) | $44.06B | +$365.17M | +0.84% |
| JPMorgan BetaBuilders Europe ETF (BBEU) | $5.14B | +$318.32M | +6.61% |
| Outflows | |||
| iShares 20+ Year Treasury Bond ETF (TLT) | $49.44B | -$761.30M | -1.52% |
| Financial Select Sector SPDR Fund (XLF) | $53.51B | -$359.17M | -0.67% |
| Janus Henderson AAA CLO ETF (JAAA) | $25.50B | -$313.84M | -1.22% |
| iShares iBoxx $ High Yield Corporate Bond ETF (HYG) | $19.20B | -$274.23M | -1.41% |
High-Velocity Inflows (AUM > $100M, 1D Flow > +5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| FT Vest U.S. Equity Buffer ETF – October (FOCT) | $1.82B | +$916.61M | +101.05% |
| NuShares ETF Trust Nuveen International Aggregate Bond ETF (NXUS) | $100.96M | +$49.22M | +95.12% |
| FT Vest U.S. Equity Moderate Buffer ETF – October (GOCT) | $382.14M | +$170.38M | +80.45% |
| FT Vest U.S. Equity Deep Buffer ETF – October (DOCT) | $549.26M | +$244.24M | +80.07% |
| iShares MSCI USA Quality GARP ETF (GARP) | $1.08B | +$288.20M | +36.55% |
| ProShares UltraShort Gold (GLL) | $139.48M | +$27.55M | +24.61% |
| Cambria Global EW ETF (GEW) | $182.70M | +$33.22M | +22.22% |
| Direxion Daily NVDA Bull 2X Shares (NVDU) | $737.82M | +$123.47M | +20.10% |
| FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October (XOCT) | $113.67M | +$18.48M | +19.42% |
| Defiance Daily Target 2x Long OKLO ETF (OKLL) | $207.81M | +$33.63M | +19.31% |
High-Velocity Outflows (AUM > $100M, 1D Flow > -5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Defiance Daily Target 2x Short IONQ ETF (IONZ) | $121.09M | -$19.14M | -13.65% |
| Principal Value ETF (PY) | $127.82M | -$17.45M | -12.01% |
| BondBloxx CCC-Rated USD High Yield Corporate Bond ETF (XCCC) | $229.95M | -$23.19M | -9.16% |
| Defiance Daily Target 2X Long AVGO ETF (AVGX) | $137.38M | -$13.79M | -9.12% |
| WisdomTree Global High Dividend Fund (DEW) | $122.54M | -$11.96M | -8.89% |
| iShares MSCI Thailand ETF (THD) | $193.27M | -$17.84M | -8.45% |
| Direxion Daily S&P 500 Bear 3x Shares (SPXS) | $443.99M | -$38.22M | -7.93% |
| Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) | $374.78M | -$25.26M | -6.31% |
| Defiance Daily Target 2X Long HIMS ETF (HIMZ) | $179.51M | -$11.77M | -6.15% |
| iShares MSCI UAE ETF (UAE) | $143.59M | -$8.79M | -5.77% |
Custom Analysis and Daily Data
This daily snapshot is just the beginning. Our full suite of tools allows for deep, customizable analysis of the entire ETF landscape. Institutional clients can track real-time flows, screen for specific fund characteristics, and analyze historical trends to gain a competitive edge. To explore our comprehensive data and analytics platform, please contact our sales team for a personalized demonstration.
Large Flow Activity Note: Daily create/redeem activity is a normal function of the ETF market. Large flows often reflect rebalancing activity by a single large institution and are not necessarily indicative of broad market sentiment.
Disclosures
This report is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. ETF Action is not a registered investment advisor.
All data is sourced from proprietary and third-party sources believed to be reliable, but its accuracy and completeness are not guaranteed. Past performance is not indicative of future results.
