Semiconductor and AI ETFs Draw Billions as Broad Market Funds Shed Assets

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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.

Global X led all issuers with a $1.65B inflow, bolstering its strong year-to-date collection of $13.13B. VanEck and Direxion also had strong showings, adding $871.8M and $809.5M, respectively, with Direxion’s daily intake contributing to a $6.50B 30-day total. On the other end of the spectrum, Invesco saw the day’s largest outflows at $669.8M, a departure from its positive $58.95B YTD trend. Avantis and Capital Group also experienced significant redemptions of $206.0M and $189.1M, respectively. On a relative basis, Tradr grew its AUM by 4.29% with a $152.0M inflow, while Harbor contracted by 2.23% after a $170.2M outflow.

Issuer Flows (Absolute)

Brand AUM 1 Day 5 Day 30 Day YTD 1 Year
Top 5 Leaders
Global X $91.30B $1.65B $1.72B $1.41B $13.13B $21.20B
VanEck $150.01B $871.8M $2.52B $4.15B $14.55B $24.39B
Direxion $55.52B $809.5M $2.10B $6.50B ($7.97B) ($21.39B)
Vanguard $4,441.69B $719.1M $9.89B $50.46B $310.25B $540.23B
Schwab $585.98B $398.3M $1.72B $6.04B $40.68B $60.55B
Top 5 Laggards
Invesco $926.40B ($669.8M) $8.44B $9.84B $58.95B $98.54B
Avantis $140.09B ($206.0M) ($313.7M) $3.90B $31.76B $44.73B
Capital Group $150.05B ($189.1M) $1.20B $3.61B $37.14B $61.98B
Harbor $7.63B ($170.2M) ($73.3M) $123.1M $1.75B $2.75B
SPDR $1,988.25B ($149.4M) $9.20B $32.52B $93.31B $146.52B

Issuer Flows (Relative to AUM)

Brand AUM 1 Day Flow 1 Day Flow % of AUM
Top 5 Leaders
Tradr $3.54B $152.0M 4.29%
Counterpoint $681.5M $17.7M 2.60%
Pacific Funds $382.3M $9.9M 2.59%
AGF $326.8M $7.6M 2.33%
Oakmark $1.28B $29.1M 2.27%
Top 5 Laggards
Harbor $7.63B ($170.2M) (2.23%)
Brandes $1.01B ($11.6M) (1.14%)
21Shares $2.39B ($17.5M) (0.73%)
Ballast $173.5M ($1.3M) (0.73%)
Rayliant $133.8M ($558.2K) (0.42%)

Daily ETF Flow Analysis

Total ETF flows registered a net positive $4.15B, continuing a strong monthly trend that has now reached $190.12B. Equity was the primary driver with $3.15B in new assets, followed by Non-Traditional products which attracted $1.25B. In contrast, Commodity funds saw outflows of $360.0M, and Fixed Income experienced a minor redemption of $41.0M. A clear rotation was visible at the category level, as Information Technology ($1.94B) and U.S. Large Cap Value ($1.90B) led inflows, while U.S. Large Cap Growth ($2.24B) and U.S. Large Cap Blend ($1.97B) topped the outflows list.

Asset Class Flows

Asset Class AUM 1 Day 1 Week 1 Month YTD 1 Year
Equity $12,004.63B $3.15B $36.83B $120.34B $776.28B $1,284.13B
Fixed Income $2,614.37B ($41.0M) $5.14B $47.56B $371.26B $600.48B
Commodity $306.33B ($360.0M) ($235.9M) $1.30B ($5.83B) $26.92B
Alternative $13.38B $51.0M $259.7M $535.8M $3.70B $5.31B
Multi-Asset $39.66B $8.8M ($68.1M) $620.3M $7.41B $12.19B
Currency $2.89B $12.8M ($9.7M) ($47.7M) $623.0M $492.3M
Non-Traditional $459.73B $1.25B $5.67B $19.44B $67.32B $95.06B
Digital Asset $92.88B $82.7M ($448.0M) $371.7M ($5.61B) $3.05B
Total $15,533.87B $4.15B $47.14B $190.12B $1,215.15B $2,027.62B

Category Flows (Top/Bottom 10)

Category AUM 1 Day Flow
Top 10 Leaders
Equity: Sector – Information Technology $452.64B $1.94B
Equity: U.S. Large Cap – Value $1,102.12B $1.90B
Non-Traditional: Leverage | Inverse – Equity $117.02B $985.5M
Equity: Emerging Large Cap $443.89B $926.6M
Equity: Thematic – Disruptive Tech $96.30B $846.5M
Equity: Thematic – Infrastructure $64.54B $824.9M
Equity: Global Ex-U.S. Large Cap – Blend $1,120.56B $778.6M
Equity: Region – Country Specific $181.02B $647.1M
Equity: U.S. Mid Cap – Blend $439.36B $510.5M
Non-Traditional: Synthetic Income – Equity $191.45B $276.9M
Bottom 10 Laggards
Equity: U.S. Large Cap – Growth $1,365.09B ($2.24B)
Equity: U.S. Large Cap – Blend $4,620.46B ($1.97B)
Equity: U.S. Small Cap – Blend $385.55B ($687.0M)
Equity: U.S. Small Cap – Value $124.91B ($299.9M)
Commodity: Focused – Precious Metals $272.68B ($183.5M)
Commodity: Multi-Sector – Broad Market $26.18B ($180.0M)
Equity: Global Large Cap – Blend $165.36B ($128.4M)
Equity: Sector – Real Estate $99.97B ($122.1M)
Fixed Income: Municipal – Intermediate $143.15B ($93.5M)
Fixed Income: Taxable – Government Long $130.33B ($84.3M)

U.S. Size & Style

A distinct divergence appeared in the U.S. equity space, with dividend and value-oriented funds attracting capital while broad market ETFs saw significant redemptions. The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) led with a $683.4M inflow, followed by the Invesco Buyback Achievers ETF (PKW) which added $534.6M. Conversely, the Invesco QQQ Trust Series I (QQQ) shed $2.05B, and the iShares Core S&P 500 ETF (IVV) lost $1.69B. Small caps also saw outflows, with the iShares Russell 2000 ETF (IWM) experiencing a $548.6M redemption.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SPHD Invesco S&P 500 High Dividend Low Volatility ETF $4.12B $683.4M
PKW Invesco Buyback Achievers ETF $2.26B $534.6M
IJH iShares Core S&P Mid-Cap ETF $121.56B $433.5M
RDIV Invesco S&P Ultra Dividend Revenue ETF $1.82B $420.8M
VTI Vanguard Morningstar Total Stock Market ETF $650.53B $296.2M
Top 5 Laggards
QQQ Invesco QQQ Trust Series I $440.98B ($2.05B)
IVV iShares Core S&P 500 ETF $851.05B ($1.69B)
VOO Vanguard S&P 500 ETF $970.55B ($767.6M)
IWM iShares Russell 2000 ETF $79.47B ($548.6M)
AVUV Avantis U.S. Small Cap Value ETF $30.09B ($337.8M)

Explore the U.S. Size & Style Explorer →

Size & Style ex-U.S.

International equity flows were heavily skewed towards emerging markets and broad ex-U.S. strategies. The iShares Core MSCI Emerging Markets ETF (IEMG) was the standout leader, pulling in $797.0M. Vanguard’s broad international offerings also saw robust demand, with the Vanguard Total International Stock ETF (VXUS) adding $367.0M and the Vanguard FTSE All-World ex-US Index Fund (VEU) collecting $242.7M. Outflows were minimal by comparison, led by a $66.2M redemption from the iShares MSCI EAFE Small-Cap ETF (SCZ).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IEMG iShares Core MSCI Emerging Markets ETF $143.87B $797.0M
VXUS Vanguard Total International Stock ETF $152.91B $367.0M
VEU Vanguard FTSE All-World ex-US Index Fund $66.00B $242.7M
AVEM Avantis Emerging Markets Equity ETF $24.45B $94.1M
IXUS iShares Core MSCI Total International Stock ETF $56.75B $73.5M
Top 5 Laggards
SCZ iShares MSCI EAFE Small-Cap ETF $13.10B ($66.2M)
BINV Brandes International ETF $525.9M ($6.7M)
QLTI GMO International Quality ETF $287.8M ($1.3M)
SEIE SEI Select International Equity ETF $1.17B ($274.9K)
SEEM SEI Select Emerging Markets Equity ETF $575.3M ($56.8K)

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

Sector & Industry

The Information Technology sector, particularly semiconductors, dominated inflows for the day. The VanEck Semiconductor ETF (SMH) attracted a substantial $906.6M, making it one of the day’s top-gathering funds overall. It was joined by the Vanguard Information Technology ETF (VGT) with $601.0M in new assets and the iShares Semiconductor ETF (SOXX) with $371.3M. On the other side, Real Estate funds faced headwinds, with the iShares U.S. Real Estate ETF (IYR) seeing the largest sector outflow of $133.8M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SMH VanEck Semiconductor ETF $63.28B $906.6M
VGT Vanguard Information Technology ETF $133.10B $601.0M
SOXX iShares Semiconductor ETF $41.61B $371.3M
VAW Vanguard Materials ETF $3.03B $54.5M
IGV iShares Expanded Tech-Software Sector ETF $13.05B $36.9M
Top 5 Laggards
IYR iShares U.S. Real Estate ETF $4.75B ($133.8M)
ITA iShares U.S. Aerospace & Defense ETF $13.83B ($35.4M)
GXPT Global X PureCap MSCI Information Technology ETF $110.8M ($33.1M)
VNQ Vanguard Real Estate ETF $39.99B ($19.5M)
PPH VanEck Pharmaceutical ETF $956.5M ($17.0M)

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Region & Country

Country-specific flows were concentrated in Asia, with South Korea and Taiwan leading demand. The iShares MSCI South Korea ETF (EWY) saw a significant inflow of $360.3M. Following this trend, the iShares MSCI Taiwan ETF (EWT) gathered a notable $179.1M. Japan-focused funds also saw positive interest, including a $40.2M inflow for the iShares MSCI Japan ETF (EWJ). Redemptions were small and spread out, with the Franklin FTSE United Kingdom ETF (FLGB) posting the largest loss at just $12.9M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
EWY iShares MSCI South Korea ETF $20.51B $360.3M
EWT iShares MSCI Taiwan ETF $9.32B $179.1M
EWJ iShares MSCI Japan ETF $21.15B $40.2M
AIA iShares Asia 50 ETF $4.34B $31.0M
BBJP JPMorgan BetaBuilders Japan ETF $17.39B $28.9M
Top 5 Laggards
FLGB Franklin FTSE United Kingdom ETF $887.3M ($12.9M)
KSA iShares MSCI Saudi Arabia ETF $600.9M ($12.7M)
EWG iShares MSCI Germany ETF $1.55B ($12.6M)
EIS iShares MSCI Israel ETF $856.9M ($11.7M)
EWZS iShares MSCI Brazil Small-Cap ETF $221.9M ($6.4M)

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Thematic

Global X dominated the thematic category, capturing large inflows across its technology and infrastructure funds. The Global X Artificial Intelligence & Technology ETF (AIQ) led all thematic funds with an $868.0M intake. The firm’s Global X U.S. Infrastructure Development ETF (PAVE) also saw very strong demand, adding $617.6M. Outflows were modest in comparison, with the Invesco Solar ETF (TAN) shedding $38.1M and several ARK funds also seeing minor redemptions.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
AIQ Global X Artificial Intelligence & Technology ETF $9.72B $868.0M
PAVE Global X U.S. Infrastructure Development ETF $14.10B $617.6M
DTCR Global X Data Center And Digital Infrastructure ETF $2.21B $189.5M
ARKK ARK Innovation ETF $5.57B $88.2M
COPX Global X Copper Miners ETF $7.06B $44.5M
Top 5 Laggards
TAN Invesco Solar ETF $1.31B ($38.1M)
SHLD Global X Defense Tech ETF $6.88B ($27.9M)
ARKQ ARK Autonomous Technology & Robotics ETF $1.77B ($21.9M)
ARKX ARK Space & Defense Innovation ETF $743.8M ($20.7M)
RING iShares MSCI Global Gold Miners ETF $2.09B ($19.1M)

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Fixed Income

Activity in fixed income was subdued, with flows favoring the shortest end of the Treasury curve. The iShares 0-3 Month Treasury Bond ETF (SGOV) was the leading recipient, adding $125.8M. In contrast, municipal bonds and long-duration government debt experienced the largest outflows. The Vanguard Tax-Exempt Bond ETF (VTEB) shed $94.5M, while the iShares 20+ Year Treasury Bond ETF (TLT) saw redemptions of $74.5M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SGOV iShares 0-3 Month Treasury Bond ETF $100.20B $125.8M
BNDX Vanguard Total International Bond ETF $82.73B $50.2M
SCHO Schwab Short-Term US Treasury ETF $12.86B $38.6M
BND Vanguard Total Bond Market ETF $161.05B $36.2M
VCSH Vanguard Short-Term Corporate Bond ETF $44.74B $31.4M
Top 5 Laggards
VTEB Vanguard Tax-Exempt Bond ETF $45.85B ($94.5M)
LMUB iShares Long-Term National Muni Bond ETF $1.64B ($74.8M)
TLT iShares 20+ Year Treasury Bond ETF $41.72B ($74.5M)
SHY iShares 1-3 Year Treasury Bond ETF $25.11B ($73.8M)
VCIT Vanguard Intermediate-Term Corporate Bond ETF $67.52B ($64.9M)

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

Commodity

Commodity funds experienced net outflows of $360.0M, driven primarily by redemptions from precious metals and broad-based strategies. SPDR Gold Shares (GLD) led the laggards with a $183.5M outflow. The Harbor Commodity All-Weather Strategy ETF (HGER) also saw a significant redemption of $167.9M. Inflows were concentrated in energy products but were not enough to offset the broader outflows, with the United States Oil Fund LP (USO) gathering a modest $51.5M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
USO United States Oil Fund LP $2.01B $51.5M
UNG United States Natural Gas Fund LP $463.7M $4.0M
NBCM Neuberger Commodity Strategy ETF $458.2M $1.4M
DBO Invesco DB Oil Fund $259.7M $1.1M
EDGH 3EDGE Dynamic Hard Assets ETF $127.8M $13.4K
Top 5 Laggards
GLD SPDR Gold Shares $129.60B ($183.5M)
HGER Harbor Commodity All-Weather Strategy ETF $3.66B ($167.9M)
BNO United States Brent Oil Fund LP $628.9M ($25.2M)
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $6.39B ($12.3M)
UGA United States Gasoline Fund LP $133.9M ($12.2M)

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Cryptocurrency

The digital asset category saw a net inflow of $82.7M, partially reversing outflows from the prior week. The iShares Bitcoin Trust ETF (IBIT) was the primary beneficiary, collecting $89.8M. Newer products also attracted capital, including the Morgan Stanley Solana Trust ETF (MSOL) and Morgan Stanley Ethereum Trust ETF (MSSE), which added $19.1M and $14.3M, respectively. Outflows were led by a $14.6M redemption from the ARK 21Shares Bitcoin ETF (ARKB).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IBIT iShares Bitcoin Trust ETF $47.08B $89.8M
MSOL Morgan Stanley Solana Trust ETF $20.1M $19.1M
MSSE Morgan Stanley Ethereum Trust ETF $20.4M $14.3M
ETHA iShares Ethereum Trust ETF $5.51B $5.2M
XRPZ Franklin XRP ETF $254.3M $584.7K
Top 5 Laggards
ARKB ARK 21Shares Bitcoin ETF $2.16B ($14.6M)
ETHE Grayscale Ethereum Staking ETF $1.44B ($9.7M)
BHYP Bitwise Hyperliquid ETF Common Shares of Beneficial Interest $91.7M ($8.8M)
ETH Grayscale Ethereum Staking Mini ETF $1.58B ($8.1M)
TETH 21Shares Ethereum ETF $13.7M ($2.8M)

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Non-Traditional

Leveraged equity products, particularly those focused on semiconductors, drove over $1B in flows to the non-traditional category. The Direxion Daily Semiconductor Bull 3X ETF (SOXL) single-handedly brought in $1.02B. Synthetic income strategies also remained popular, with the JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) adding $169.7M. In a related move, the Direxion Daily MSCI South Korea Bull 3X ETF (KORU) gathered $89.2M, mirroring the strong flows into South Korean equities. The inverse Direxion Daily Semiconductor Bear 3X ETF (SOXS) saw the largest outflow at $99.0M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SOXL Direxion Daily Semiconductor Bull 3X ETF $15.40B $1.02B
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $38.39B $169.7M
KORU Direxion Daily MSCI South Korea Bull 3X ETF $1.00B $89.2M
SNXX Tradr 2X Long SNDK Daily ETF $1.11B $75.2M
LITX Tradr 2X Long LITE Daily ETF $195.2M $45.7M
Top 5 Laggards
SOXS Direxion Daily Semiconductor Bear 3X ETF $1.83B ($99.0M)
MUU Direxion Daily MU Bull 2X ETF $2.87B ($98.3M)
FAS Direxion Daily Financial Bull 3X ETF $2.33B ($34.3M)
GGLL Direxion Daily GOOGL Bull 2X ETF $943.0M ($24.8M)
SNDQ Tradr 2X Short SNDK Daily ETF $165.7M ($21.9M)

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

Recent Launches

Direxion was the most active issuer of new products, launching a suite of single-stock synthetic income ETFs targeting popular tech names. The new funds include the Direxion NVDA Defined Income Boost ETF (NVIB) and the Direxion TSLA Defined Income Boost ETF (TSIB), each debuting with around $2M in assets. Amplify also entered the market with the Amplify Fairlead Tactical Bitcoin ETF (BNAV). Additionally, Tradr and T-REX expanded their leveraged and inverse offerings with new single-stock and industry-focused products.

Ticker Name ETF Action Category Inception AUM
NVIB Direxion NVDA Defined Income Boost ETF Non-Traditional: Synthetic Income – Single Stock 7/29/2026 $1.9M
BNAV Amplify Fairlead Tactical Bitcoin ETF Digital Asset: Cryptocurrency – Bitcoin 7/29/2026 $750.0K
MUIB Direxion MU Defined Income Boost ETF Non-Traditional: Synthetic Income – Single Stock 7/29/2026 $1.8M
TSIB Direxion TSLA Defined Income Boost ETF Non-Traditional: Synthetic Income – Single Stock 7/29/2026 $1.9M
MEIB Direxion META Defined Income Boost ETF Unclassified 7/29/2026 $2.0M
PLIB Direxion PLTR Defined Income Boost ETF Non-Traditional: Synthetic Income – Single Stock 7/29/2026 $2.0M
WSMD Wasatch Small/Mid Cap ETF Equity: U.S. Mid Cap – Growth 7/29/2026 $0
GOIB Direxion GOOGL Defined Income Boost ETF Unclassified 7/29/2026 $2.0M
RAMZ T-REX 2X Inverse DRAM Daily Target ETF Non-Traditional: Leverage | Inverse – Equity 7/28/2026 $294.3K
SKHN Tradr 2X Short SK hynix Daily ETF Non-Traditional: Leverage | Inverse – Single Stock 7/28/2026 $0

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 July 30, 2026, and reflects create/redeem activity from Thursday, July 30, 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.