iShares Captures $32 Billion as Russell Rebalance Shuffles Large-Cap ETFs

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Issuer League Tables

Note on Flow Volatility: Daily flow outliers may be driven by specialized portfolio rebalancing. With the continued growth of actively managed ETFs, these events occur with greater frequency and often do not align with traditional, scheduled index rebalance dates.

iShares dominated the issuer league table with a massive $32.05B inflow, significantly boosting its 5-day total to $57.40B and its year-to-date lead to $238.00B. Vanguard also had a strong session, collecting $8.80B, a sharp positive turn from its 5-day outflow of ($38.64B). On a relative basis, Putnam stood out by attracting $2.34B, representing a 16.14% increase in its AUM. Among the laggards, SPDR saw outflows of ($920.1M), while VanEck shed ($812.2M), deepening its 30-day redemptions to ($1.72B).

Issuer Flows (Absolute)

Brand AUM 1 Day 5 Day 30 Day YTD 1 Year
Top 5 Leaders
iShares $4,531.37B $32.05B $57.40B $97.43B $238.00B $518.02B
Vanguard $4,456.76B $8.80B ($38.64B) $62.26B $278.75B $524.35B
Putnam $14.52B $2.34B $2.43B $3.02B $6.55B $9.22B
JPMorgan $323.47B $1.77B $2.21B $8.01B $37.60B $78.36B
Schwab $575.90B $1.62B ($4.01B) $8.24B $33.33B $56.68B
Top 5 Laggards
SPDR $1,941.49B ($920.1M) $9.10B $16.44B $59.26B $132.14B
VanEck $158.72B ($812.2M) ($11.21B) ($1.72B) $8.12B $17.88B
Roundhill $33.05B ($732.0M) $2.76B $8.04B $17.65B $22.63B
ProShares $122.86B ($600.9M) ($600.4M) $1.86B $22.89B $21.33B
FT Vest (may be the result of a custom rebalance) $54.69B ($436.4M) ($1.76B) $907.7M $4.69B $8.17B

Issuer Flows (Relative to AUM)

Brand AUM 1 Day Flow 1 Day Flow % of AUM
Top 5 Leaders
Putnam $14.52B $2.34B 16.14%
Counterpoint $723.0M $97.8M 13.53%
Columbia $13.97B $1.22B 8.74%
CoinShares $805.8M $45.1M 5.60%
Astoria $496.0M $25.9M 5.22%
Top 5 Laggards
Bushido $792.3M ($53.5M) (6.76%)
RockCreek $99.8M ($5.6M) (5.57%)
Wahed $1.24B ($52.3M) (4.22%)
Leverage Shares $2.67B ($107.0M) (4.02%)
Castellan $866.9M ($27.5M) (3.17%)

Daily ETF Flow Analysis

Total ETF net inflows reached a robust $48.00B, pushing the year-to-date total over the $1.05 trillion mark. Equity was the standout asset class, pulling in $47.05B in a single session, a figure that far exceeds its recent weekly and monthly averages. This activity was heavily concentrated in U.S. Large Cap Value and Growth categories, which collected $17.62B and $14.46B, respectively. In contrast, Commodity-focused products shed ($1.19B), and Digital Assets saw outflows of ($384.4M), continuing recent negative trends for both asset classes.

Asset Class Flows

Asset Class AUM 1 Day 1 Week 1 Month YTD 1 Year
Equity $12,068.07B $47.05B $13.68B $216.55B $691.24B $1,290.52B
Fixed Income $2,581.44B $3.03B $8.20B $60.09B $313.83B $577.73B
Commodity $306.43B ($1.19B) ($2.95B) ($6.70B) ($6.31B) $29.13B
Alternative $12.86B ($24.1M) $62.6M $269.3M $3.13B $5.83B
Multi-Asset $39.56B $70.0M $334.6M $1.07B $6.87B $12.30B
Currency $2.94B $3.7M $3.0M $63.7M $645.9M $116.4M
Non-Traditional $491.38B ($561.1M) $2.49B $13.84B $45.44B $79.59B
Digital Asset $87.75B ($384.4M) ($760.2M) ($4.65B) ($4.51B) $17.58B
Total $15,590.42B $48.00B $21.06B $280.53B $1,050.34B $2,012.79B

Category Flows (Top/Bottom 10)

Category AUM 1 Day Flow
Top 10 Leaders
Equity: U.S. Large Cap – Value $1,071.53B $17.62B
Equity: U.S. Large Cap – Growth $1,449.69B $14.46B
Equity: U.S. Mid Cap – Blend $445.12B $4.77B
Equity: U.S. Small Cap – Blend $391.72B $4.14B
Equity: Sector – Information Technology $488.83B $2.00B
Equity: U.S. Mid Cap – Value $89.04B $1.71B
Equity: U.S. Small Cap – Value $121.79B $1.27B
Equity: Global Ex-U.S. Large Cap – Blend $1,115.94B $878.1M
Equity: Sector – Real Estate $95.03B $788.5M
Equity: U.S. Large Cap – Blend $4,577.22B $571.5M
Bottom 10 Laggards
Equity: Thematic – Disruptive Tech $103.27B ($1.55B)
Commodity: Focused – Precious Metals $276.19B ($1.15B)
Non-Traditional: Buffer – Equity $93.17B ($620.6M)
Fixed Income: Taxable – Government Long $129.67B ($395.5M)
Digital Asset: Cryptocurrency – Bitcoin $76.03B ($372.5M)
Non-Traditional: Leverage | Inverse – Equity $138.43B ($234.1M)
Equity: Region – Country Specific $185.18B ($198.3M)
Equity: Thematic – Multi-Sector $29.87B ($194.5M)
Equity: Sector – Materials $14.18B ($161.3M)
Equity: Thematic – Precious Metals $41.87B ($155.5M)

U.S. Size & Style

U.S. Size & Style categories were defined by enormous flows likely connected to the annual Russell index rebalance. The iShares Russell 1000 Value ETF (IWD) led all ETFs with a staggering $10.12B inflow, while its counterpart, the iShares Russell 1000 Growth ETF (IWF), added $6.02B. Vanguard’s Russell-tracking funds also saw heavy volume, with the Vanguard Russell 1000 Growth ETF (VONG) and Vanguard Russell 1000 Value ETF (VONV) gathering $5.07B and $3.88B. Conversely, the Vanguard S&P 500 ETF (VOO) experienced the day’s largest redemption, shedding ($4.93B).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IWD iShares Russell 1000 Value ETF $87.57B $10.12B
IWF iShares Russell 1000 Growth ETF $130.61B $6.02B
VONG Vanguard Russell 1000 Growth ETF $48.21B $5.07B
IWR iShares Russell Midcap ETF $59.90B $3.90B
VONV Vanguard Russell 1000 Value ETF $23.55B $3.88B
Top 5 Laggards
VOO Vanguard S&P 500 ETF $969.59B ($4.93B)
VLUE iShares MSCI USA Value Factor ETF $10.73B ($1.80B)
CGDV Capital Group Dividend Value ETF $35.61B ($462.4M)
RPV Invesco S&P 500 Pure Value ETF $1.65B ($190.7M)
VYM Vanguard High Dividend Yield Index ETF $78.78B ($169.4M)

Explore the U.S. Size & Style Explorer →

Size & Style ex-U.S.

International equity funds saw broad-based demand, led by the Vanguard Total International Stock ETF (VXUS) which gathered $433.6M. The Schwab International Equity ETF (SCHF) also posted a strong inflow of $381.6M, followed by the Pacer Developed Markets International Cash Cows 100 ETF (ICOW) with a $139.3M collection. On the other side of the ledger, the Avantis International Large Cap Value ETF (AVIV) recorded the largest outflow in the category at ($138.1M), followed by a ($121.1M) redemption from the iShares MSCI EAFE Value ETF (EFV).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
VXUS Vanguard Total International Stock ETF $152.72B $433.6M
SCHF Schwab International Equity ETF $65.49B $381.6M
ICOW Pacer Developed Markets International Cash Cows 100 ETF $1.73B $139.3M
FNDF Schwab Fundamental International Equity ETF $23.80B $130.8M
EMXC iShares MSCI Emerging Markets ex China ETF $25.50B $60.1M
Top 5 Laggards
AVIV Avantis International Large Cap Value ETF $1.84B ($138.1M)
EFV iShares MSCI EAFE Value ETF $23.62B ($121.1M)
PXH Invesco RAFI Emerging Markets ETF $1.87B ($40.4M)
JDVI John Hancock Disciplined Value International Select ETF $726.9M ($25.7M)
QINT American Century Quality Diversified International ETF $663.7M ($17.1M)

Explore the Global (ex-U.S.) Size & Style Explorer →

Sector & Industry

The Information Technology sector was a focal point, attracting a net $2.00B in new assets. This was largely driven by a substantial $2.17B inflow into the iShares U.S. Technology ETF (IYW). However, flows within the semiconductor industry were mixed, as the iShares Semiconductor ETF (SOXX) added $361.6M while the VanEck Semiconductor ETF (SMH) shed ($588.7M). Real Estate funds also saw interest, with the Schwab U.S. REIT ETF (SCHH) collecting $508.6M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IYW iShares U.S. Technology ETF $26.57B $2.17B
SCHH Schwab U.S. REIT ETF $11.16B $508.6M
SOXX iShares Semiconductor ETF $43.91B $361.6M
VNQ Vanguard Real Estate ETF $38.33B $155.2M
IBB iShares Biotechnology ETF $8.62B $108.9M
Top 5 Laggards
SMH VanEck Semiconductor ETF $71.01B ($588.7M)
IYT iShares US Transportation ETF $2.27B ($217.5M)
IYM iShares U.S. Basic Materials ETF $1.35B ($161.3M)
IGM iShares Expanded Tech Sector ETF $10.31B ($47.2M)
SOXQ Invesco PHLX Semiconductor ETF $2.72B ($36.0M)

Explore the Sector & Industry Explorer →

Region & Country

Country-specific funds showed mixed results, with Canada-focused ETFs leading inflows for the day. The iShares MSCI Canada ETF (EWC) brought in $149.0M, while the iShares MSCI South Korea ETF (EWY) added a smaller $59.3M. In contrast, Japan-focused funds saw significant redemptions, with the iShares MSCI Japan ETF (EWJ) experiencing the largest regional outflow of ($221.7M). China-focused internet funds also faced outflows, as seen in the ($97.6M) redemption from the KraneShares CSI China Internet ETF (KWEB).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
EWC iShares MSCI Canada ETF $6.06B $149.0M
EWY iShares MSCI South Korea ETF $23.94B $59.3M
BBEU JPMorgan BetaBuilders Europe ETF $8.93B $19.0M
CQQQ Invesco China Technology ETF $3.25B $13.6M
FLCA Franklin FTSE Canada ETF $756.4M $10.3M
Top 5 Laggards
EWJ iShares MSCI Japan ETF $22.20B ($221.7M)
KWEB KraneShares CSI China Internet ETF $4.95B ($97.6M)
EWT iShares MSCI Taiwan ETF $10.85B ($52.5M)
EEMA iShares MSCI Emerging Markets Asia ETF $1.23B ($46.4M)
ILF iShares Latin America 40 ETF $3.69B ($24.8M)

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Thematic

Thematic flows were led by infrastructure-related strategies, as the First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) collected $94.1M and the iShares U.S. Infrastructure ETF (IFRA) added $91.2M. Conversely, disruptive technology themes faced heavy redemptions, with the category shedding a net ($1.55B). The Roundhill Memory ETF (DRAM) saw the largest outflow at ($984.2M), followed by a ($375.3M) withdrawal from the Global X Artificial Intelligence & Technology ETF (AIQ). The ARK Innovation ETF (ARKK) also saw outflows, losing another ($169.0M).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index $11.85B $94.1M
IFRA iShares U.S. Infrastructure ETF $4.60B $91.2M
ITB iShares U.S. Home Construction ETF $2.72B $67.2M
DTCR Global X Data Center And Digital Infrastructure ETF $2.56B $58.7M
WGMI CoinShares Bitcoin Mining ETF $422.7M $45.1M
Top 5 Laggards
DRAM Roundhill Memory ETF $23.36B ($984.2M)
AIQ Global X Artificial Intelligence & Technology ETF $10.25B ($375.3M)
ARKK ARK Innovation ETF $6.25B ($169.0M)
GDX VanEck Gold Miners ETF $22.43B ($111.9M)
AGIX KraneShares Public-Private AI & Technology ETF $786.8M ($88.1M)

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Fixed Income

Fixed income ETFs gathered a net $3.03B, with investment-grade corporate bonds leading demand. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) attracted $426.8M, while the Schwab US TIPS ETF (SCHP) brought in $367.9M. The Roundhill Ultra Short Duration No Dividend Target ETF (XBOX) recorded a $280.9M inflow (may be the result of a custom rebalance). On the other end, long-duration government bonds saw outflows, with the iShares 20+ Year Treasury Bond ETF (TLT) shedding ($410.6M).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF $31.90B $426.8M
SCHP Schwab US TIPS ETF $16.44B $367.9M
XBOX Roundhill Ultra Short Duration No Dividend Target ETF (may be the result of a custom rebalance) $280.9M $280.9M
HYG iShares iBoxx $ High Yield Corporate Bond ETF $16.72B $255.4M
EMB iShares JP Morgan USD Emerging Markets Bond ETF $14.35B $250.6M
Top 5 Laggards
TLT iShares 20+ Year Treasury Bond ETF $40.80B ($410.6M)
VCIT Vanguard Intermediate-Term Corporate Bond ETF $67.05B ($115.8M)
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF $441.8M ($53.9M)
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $22.27B ($52.4M)
VCLT Vanguard Long-Term Corporate Bond ETF $9.71B ($45.5M)

Explore the related Explorers: Taxable → · Municipal → · Specialty →

Commodity

Commodity funds experienced net outflows of ($1.19B), driven almost entirely by redemptions from precious metals products. The SPDR Gold Shares (GLD) led the departures with a substantial ($812.6M) withdrawal, contributing to a year-to-date outflow of ($6.31B) for the asset class. The iShares Gold Trust (IAU) also saw a significant outflow of ($370.9M). Bucking the trend, the iShares Silver Trust (SLV) managed to attract $142.5M in new assets.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SLV iShares Silver Trust $29.19B $142.5M
USO United States Oil Fund LP $1.84B $32.0M
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF $121.4M $3.6M
CANE Teucrium Sugar Fund $67.6M $2.6M
DBA Invesco DB Agriculture Fund $1.14B $1.3M
Top 5 Laggards
GLD SPDR Gold Shares $130.27B ($812.6M)
IAU iShares Gold Trust $60.34B ($370.9M)
GLDM SPDR Gold Minishares Trust of beneficial interest $27.24B ($55.7M)
SGOL abrdn Physical Gold Shares ETF $6.74B ($46.0M)
PDBA Invesco Agriculture Commodity Strategy No K-1 ETF $367.1M ($23.1M)

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Cryptocurrency

Digital asset ETFs registered net outflows of ($384.4M), extending a negative trend that has seen the category lose ($4.65B) over the past month. The iShares Bitcoin Trust ETF (IBIT) recorded the largest redemption at ($239.3M). Other major Bitcoin funds also saw outflows, including ($54.3M) from the Grayscale Bitcoin Trust ETF (GBTC) and ($50.7M) from the ARK 21Shares Bitcoin ETF (ARKB). The Grayscale Bitcoin Mini Trust ETF (BTC) was a rare bright spot, adding $23.6M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
BTC Grayscale Bitcoin Mini Trust ETF $3.27B $23.6M
GXRP Grayscale XRP Trust ETF $58.1M $2.0M
XRPI Volatility Shares Trust XRP ETF $86.2M $583.2K
BTRN Global X Bitcoin Trend Strategy ETF $2.0M $495.4K
GSUI Grayscale Sui Staking ETF $19.9M $0
Top 5 Laggards
IBIT iShares Bitcoin Trust ETF $45.03B ($239.3M)
GBTC Grayscale Bitcoin Trust ETF $8.26B ($54.3M)
ARKB ARK 21Shares Bitcoin ETF $1.95B ($50.7M)
BITB Bitwise Bitcoin ETF Trust $2.17B ($27.5M)
BITO ProShares Bitcoin ETF $1.45B ($24.7M)

Explore the Digital Assets Explorer →

Non-Traditional

Non-traditional ETFs saw net outflows of ($561.1M), with several buffer funds experiencing large redemptions. The FT Vest Buffered Allocation Growth ETF (BUFG) shed ($236.5M) (may be the result of a custom rebalance), and the FT Vest Buffered Allocation Defensive ETF (BUFT) lost ($130.1M) (may be the result of a custom rebalance). In contrast, leveraged semiconductor products were in demand, with the Direxion Daily Semiconductor Bull 3X ETF (SOXL) gathering $388.5M. The ProShares UltraPro QQQ (TQQQ) saw outflows of ($223.6M).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SOXL Direxion Daily Semiconductor Bull 3X ETF $26.75B $388.5M
SNXX Tradr 2X Long SNDK Daily ETF $4.46B $207.9M
MUU Direxion Daily MU Bull 2X ETF $7.07B $157.2M
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $39.31B $128.3M
FAPR FT Vest U.S. Equity Buffer ETF – April $1.23B $56.6M
Top 5 Laggards
BUFG FT Vest Buffered Allocation Growth ETF (may be the result of a custom rebalance) $323.6M ($236.5M)
TQQQ ProShares UltraPro QQQ $35.85B ($223.6M)
SOXS Direxion Daily Semiconductor Bear 3X ETF $1.65B ($150.5M)
BUFT FT Vest Buffered Allocation Defensive ETF (may be the result of a custom rebalance) $145.5M ($130.1M)
ZJUL Innovator Equity Defined Protection ETF – 1 Yr July (may be the result of a custom rebalance) $255.6M ($128.6M)

Explore the related Explorers: Buffer → · Synthetic Income → · Leverage | Inverse →

Recent Launches

A new suite of leveraged single-stock ETFs from issuer Corgi debuted, all with an inception date of June 24, 2026. The ten new funds, including the Corgi CART 2x Daily ETF (CARX) and Corgi LRN 2x Daily ETF (LRNX), are categorized as Unclassified. Each of the newly launched products reported an initial AUM of $250.0K.

Ticker Name ETF Action Category Inception AUM
CARX Corgi CART 2x Daily ETF Unclassified 6/24/2026 $250.0K
LRNX Corgi LRN 2x Daily ETF Unclassified 6/24/2026 $250.0K
KEYX Corgi KEYS 2x Daily ETF Unclassified 6/24/2026 $250.0K
CAMC Corgi CAMT 2x Daily ETF Unclassified 6/24/2026 $250.0K
ONTX Corgi ONTO 2x Daily ETF Unclassified 6/24/2026 $250.0K
ACLZ Corgi ACLS 2x Daily ETF Unclassified 6/24/2026 $250.0K
UMCX Corgi UMC 2x Daily ETF Unclassified 6/24/2026 $250.0K
LASC Corgi LASR 2x Daily ETF Unclassified 6/24/2026 $250.0K
TPLX Corgi TPL 2x Daily ETF Unclassified 6/24/2026 $250.0K
SIMX Corgi SIMO 2x Daily ETF Unclassified 6/24/2026 $250.0K

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 June 25, 2026, and reflects create/redeem activity from Thursday, June 25, 2026.

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.

©2026 ETF Action, Inc. All Rights Reserved. Data provided by FactSet.