Semiconductor ETFs Attract Billions as Technology Sector Leads Inflows

Share

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.

Vanguard led all issuers with a $2.50B inflow, reinforcing its dominant position with over $309B in year-to-date collections. SPDR followed with a strong $1.73B intake, while Direxion captured the third spot with $892.9M, largely driven by its leveraged semiconductor products. On the other end of the spectrum, US Commodity Funds experienced the largest relative outflow at -5.67% of AUM, equivalent to a $238.6M redemption. ARK continued its pattern of outflows, shedding another $135.1M and bringing its year-to-date total to nearly $1B in redemptions.

Issuer Flows (Absolute)

Brand AUM 1 Day 5 Day 30 Day YTD 1 Year
Top 5 Leaders
Vanguard $4,489.94B $2.50B $10.39B $49.96B $309.53B $540.73B
SPDR $1,984.94B $1.73B $11.71B $24.69B $93.46B $149.31B
Direxion $59.59B $892.9M $1.22B $5.73B ($8.79B) ($22.62B)
VanEck $152.87B $701.7M $1.45B $4.42B $13.69B $23.64B
iShares $4,522.27B $515.9M ($932.6M) $19.31B $243.96B $473.81B
Top 5 Laggards
US Commodity Funds $4.21B ($238.6M) ($396.0M) ($479.1M) $587.4M $876.1M
ARK $12.37B ($135.1M) ($155.4M) ($221.6M) ($984.9M) ($1.65B)
Franklin $47.17B ($85.7M) $87.1M $1.06B $9.32B $12.91B
GraniteShares $9.79B ($64.3M) $12.0M ($1.63B) ($601.8M) $1.46B
TrueShares $1.22B ($41.5M) $4.3M $8.7M $345.6M $437.5M

Issuer Flows (Relative to AUM)

Brand AUM 1 Day Flow 1 Day Flow % of AUM
Top 5 Leaders
Palmer Square $450.1M $31.3M 6.96%
T-Rex $2.04B $104.3M 5.13%
Leverage Shares $1.92B $68.3M 3.56%
Worth Charting $58.1M $2.0M 3.52%
Sarmaya Partners $55.3M $1.6M 2.86%
Top 5 Laggards
US Commodity Funds $4.21B ($238.6M) (5.67%)
TrueShares $1.22B ($41.5M) (3.41%)
Measured Risk Portfolios $258.9M ($5.8M) (2.25%)
Towle $207.6M ($4.3M) (2.08%)
Range $794.7M ($9.4M) (1.18%)

Daily ETF Flow Analysis

The ETF market registered a healthy $9.49B in net creations, pushing the year-to-date total past $1.21 trillion. Equity funds were the primary driver, attracting $6.92B, while Non-Traditional products also saw significant interest with a $1.81B inflow. Fixed Income had a more modest day, adding $860.6M. Among categories, Information Technology was the standout leader with $2.60B in new assets, followed by U.S. Large Cap Value ($1.68B) and U.S. Small Cap Blend ($1.01B), while U.S. Large Cap Blend products saw the day’s largest aggregate outflow of $1.00B.

Asset Class Flows

Asset Class AUM 1 Day 1 Week 1 Month YTD 1 Year
Equity $12,128.95B $6.92B $37.20B $108.56B $773.14B $1,285.91B
Fixed Income $2,615.48B $860.6M $6.29B $51.01B $371.30B $603.33B
Commodity $307.44B ($102.5M) ($61.4M) $1.27B ($5.47B) $27.14B
Alternative $13.27B $72.9M $237.8M $544.0M $3.65B $5.28B
Multi-Asset $39.92B ($4.6M) $67.1M $622.3M $7.40B $12.21B
Currency $2.88B ($4.7M) ($15.9M) ($49.1M) $610.3M $469.2M
Non-Traditional $466.99B $1.81B $4.68B $19.20B $66.07B $93.83B
Digital Asset $93.00B ($56.7M) ($372.8M) $73.9M ($5.69B) $3.30B
Total $15,667.94B $9.49B $48.03B $181.22B $1,211.00B $2,031.48B

Category Flows (Top/Bottom 10)

Category AUM 1 Day Flow
Top 10 Leaders
Equity: Sector – Information Technology $465.29B $2.60B
Equity: U.S. Large Cap – Value $1,104.72B $1.68B
Non-Traditional: Leverage | Inverse – Equity $121.14B $1.08B
Equity: U.S. Small Cap – Blend $390.93B $1.01B
Equity: Sector – Financials $106.95B $695.5M
Equity: U.S. Large Cap – Growth $1,393.58B $585.5M
Equity: Sector – Consumer Staples $27.28B $525.7M
Equity: U.S. Mid Cap – Blend $443.19B $498.6M
Non-Traditional: Leverage | Inverse – Single Stock $29.78B $402.5M
Non-Traditional: Synthetic Income – Equity $192.86B $267.5M
Bottom 10 Laggards
Equity: U.S. Large Cap – Blend $4,665.18B ($1.00B)
Equity: Sector – Energy $66.16B ($553.7M)
Fixed Income: Taxable – Government Long $131.62B ($314.3M)
Commodity: Focused – Energy $3.66B ($237.1M)
Equity: Sector – Materials $14.39B ($201.0M)
Fixed Income: Taxable – Corporate $179.46B ($162.8M)
Equity: Thematic – Multi-Sector $28.61B ($114.0M)
Equity: Sector – Consumer Discretionary $31.94B ($112.8M)
Equity: Thematic – Disruptive Tech $96.79B ($94.1M)
Non-Traditional: Leverage | Inverse – Fixed Income $3.10B ($83.3M)

U.S. Size & Style

Activity in U.S. size and style was dominated by a single large redemption from the iShares Core S&P 500 ETF (IVV), which lost $2.01B. In contrast, small and mid-cap funds saw robust inflows, led by the iShares Russell 2000 ETF (IWM) adding $880.3M and the Vanguard Morningstar Mid-Cap ETF (VO) gathering $691.7M. Value-oriented strategies also found favor, with the Vanguard Morningstar Value ETF (VTV) collecting $379.3M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
IWM iShares Russell 2000 ETF $81.32B $880.3M
VO Vanguard Morningstar Mid-Cap ETF $105.99B $691.7M
VTV Vanguard Morningstar Value ETF $189.03B $379.3M
VTI Vanguard Morningstar Total Stock Market ETF $658.65B $363.9M
MTUM iShares MSCI USA Momentum Factor ETF $24.69B $350.4M
Top 5 Laggards
IVV iShares Core S&P 500 ETF $865.87B ($2.01B)
IWR iShares Russell Midcap ETF $56.11B ($354.2M)
KLMN Invesco MSCI North America Climate ETF $1.95B ($341.3M)
VUG Vanguard Morningstar Growth ETF $215.00B ($228.3M)
VOO Vanguard S&P 500 ETF $984.35B ($174.6M)

Explore the U.S. Size & Style Explorer →

Size & Style ex-U.S.

Flows into international equity ETFs were relatively subdued but positive. The Vanguard FTSE Emerging Markets ETF (VWO) was the clear leader, attracting $116.1M in new assets. Developed market value also saw some interest, with the iShares MSCI EAFE Value ETF (EFV) bringing in $63.5M. Outflows were minimal across the category, with the largest redemption coming from the SEI Select International Equity ETF (SEIE) at just $33.5M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
VWO Vanguard FTSE Emerging Markets ETF $120.70B $116.1M
EFV iShares MSCI EAFE Value ETF $28.43B $63.5M
VIGI Vanguard International Dividend Appreciation ETF $8.95B $24.2M
CGIE Capital Group International Equity ETF $2.32B $20.2M
JIVE JPMorgan International Value ETF $3.37B $18.7M
Top 5 Laggards
SEIE SEI Select International Equity ETF $1.17B ($33.5M)
FICS First Trust International Developed Capital Strength ETF $212.1M ($4.2M)
DEXC Dimensional Emerging Markets ex China Core Equity ETF $312.6M ($3.6M)
LVHI Franklin International Low Volatility High Dividend Index ETF $5.42B ($157.7K)
EDGI 3EDGE Dynamic International Equity ETF $117.2M ($15.8K)

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

Sector & Industry

The technology sector, specifically semiconductors, was the focal point of Wednesday’s flows. The iShares Semiconductor ETF (SOXX) recorded a massive $1.94B inflow, while the VanEck Semiconductor ETF (SMH) added another $767.0M. Other sectors attracting capital included Consumer Staples and Financials, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Financial Select Sector SPDR ETF (XLF) gaining over $500M each. Conversely, the State Street Energy Select Sector SPDR ETF (XLE) led redemptions with a $483.2M outflow.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SOXX iShares Semiconductor ETF $43.62B $1.94B
SMH VanEck Semiconductor ETF $65.51B $767.0M
XLP State Street Consumer Staples Select Sector SPDR ETF $14.54B $517.8M
XLF State Street Financial Select Sector SPDR ETF $57.91B $506.6M
XLK State Street Technology Select Sector SPDR ETF $114.19B $307.9M
Top 5 Laggards
XLE State Street Energy Select Sector SPDR ETF $38.69B ($483.2M)
IGV iShares Expanded Tech-Software Sector ETF $12.95B ($403.9M)
XLB State Street Materials Select Sector SPDR ETF $8.63B ($201.4M)
XLC State Street Communication Services Select Sector SPDR ETF $21.88B ($120.6M)
XLV State Street Health Care Select Sector SPDR ETF $42.08B ($75.2M)

Explore the Sector & Industry Explorer →

Region & Country

Country and region-specific funds saw a clear divergence in activity, with India-focused ETFs facing broad redemptions. The Franklin FTSE India ETF (FLIN) lost $93.0M, and the iShares MSCI India ETF (INDA) shed $54.1M. In contrast, inflows were led by Japan and Mexico exposures. The WisdomTree Japan Hedged Equity Fund (DXJ) collected $52.1M, while the iShares MSCI Mexico ETF (EWW) added $46.1M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
DXJ WisdomTree Japan Hedged Equity Fund $7.16B $52.1M
EWW iShares MSCI Mexico ETF $1.97B $46.1M
EWD iShares MSCI Sweden ETF $566.1M $23.1M
EPOL iShares MSCI Poland ETF $694.9M $18.5M
GREK Global X MSCI Greece ETF $294.1M $4.6M
Top 5 Laggards
FLIN Franklin FTSE India ETF $2.61B ($93.0M)
INDA iShares MSCI India ETF $6.47B ($54.1M)
EPI WisdomTree India Earnings Fund $1.99B ($25.3M)
ARGT Global X MSCI Argentina ETF $833.3M ($6.6M)
CNQQ Rayliant-ChinaAMC Transformative China Tech ETF $47.3M ($2.9M)

Explore the Region & Country Explorer →

Thematic

Thematic funds saw net outflows, led by redemptions in disruptive technology strategies. The ARK Innovation ETF (ARKK) experienced the largest outflow of $126.8M, continuing a trend of redemptions that has pushed its year-to-date total near negative $1B. Other funds like the First Trust NASDAQ Cybersecurity ETF (CIBR) and Roundhill Magnificent Seven ETF (MAGS) also saw outflows. Inflows were modest, with the State Street SPDR S&P Metals & Mining ETF (XME) gathering the most at $55.8M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
XME State Street SPDR S&P Metals & Mining ETF $3.88B $55.8M
AIRR First Trust RBA American Industrial Renaissance ETF $10.07B $29.0M
PAVE Global X U.S. Infrastructure Development ETF $14.10B $24.2M
DRAM Roundhill Memory ETF $22.10B $21.6M
XHB State Street SPDR S&P Homebuilders ETF $1.57B $16.4M
Top 5 Laggards
ARKK ARK Innovation ETF $5.63B ($126.8M)
CIBR First Trust NASDAQ Cybersecurity ETF $13.95B ($40.2M)
MAGS Roundhill Magnificent Seven ETF $3.56B ($36.1M)
FDN First Trust Dow Jones Internet Index Fund $5.06B ($26.8M)
TAN Invesco Solar ETF $1.39B ($23.6M)

Explore the Thematic Explorer →

Fixed Income

Fixed income flows were mixed, with notable creations in high-yield and redemptions from investment-grade and long-duration Treasury funds. The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) led inflows with $261.6M. Conversely, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) saw the largest outflow of $331.1M. Long-duration government bond funds also faced pressure, as the iShares 20+ Year Treasury Bond ETF (TLT) shed $277.9M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
HYG iShares iBoxx $ High Yield Corporate Bond ETF $16.01B $261.6M
VCIT Vanguard Intermediate-Term Corporate Bond ETF $67.47B $179.3M
SPTI State Street SPDR Portfolio Intermediate Term Treasury ETF $10.45B $112.7M
VTEB Vanguard Tax-Exempt Bond ETF $45.79B $109.5M
MUB iShares National Muni Bond ETF $45.40B $95.2M
Top 5 Laggards
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF $33.13B ($331.1M)
TLT iShares 20+ Year Treasury Bond ETF $42.49B ($277.9M)
BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETF $47.24B ($220.8M)
TLH iShares 10-20 Year Treasury Bond ETF $11.04B ($108.1M)
USHY iShares Broad USD High Yield Corporate Bond ETF $28.85B ($80.7M)

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

Commodity

Commodity ETFs registered net outflows of $102.5M, driven primarily by redemptions from energy-focused products. The United States Oil Fund LP (USO) saw a significant $241.4M withdrawal, contributing to its negative 30-day flow trend. Meanwhile, precious metals attracted some capital, with SPDR Gold Shares (GLD) adding $73.8M. The iShares Silver Trust (SLV) also saw a respectable $41.3M inflow.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
GLD SPDR Gold Shares $130.48B $73.8M
SLV iShares Silver Trust $27.65B $41.3M
HGER Harbor Commodity All-Weather Strategy ETF $3.77B $13.5M
UNG United States Natural Gas Fund LP $456.1M $9.8M
WEAT Teucrium Wheat Fund $303.7M $9.8M
Top 5 Laggards
USO United States Oil Fund LP $1.84B ($241.4M)
DBA Invesco DB Agriculture Fund $1.24B ($8.4M)
BNO United States Brent Oil Fund LP $609.4M ($7.0M)
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $6.24B ($6.0M)
TILL Teucrium Agricultural Strategy No K-1 ETF $33.2M ($4.4M)

Explore the Commodities Explorer →

Cryptocurrency

The digital asset category experienced net outflows of $56.7M, extending its one-week redemption total to over $372M. The majority of the day’s outflow came from the iShares Bitcoin Trust ETF (IBIT), which shed $54.8M. Inflows into the space were minimal, with Ethereum-focused products like the iShares Staked Ethereum Trust ETF (ETHB) and the recently launched Morgan Stanley Ethereum Trust ETF (MSSE) each gathering just over $5M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
ETHB iShares Staked Ethereum Trust ETF $559.9M $5.9M
MSSE Morgan Stanley Ethereum Trust ETF $6.2M $5.1M
BTC Grayscale Bitcoin Mini Trust ETF $3.76B $5.1M
ETHA iShares Ethereum Trust ETF $5.54B $3.5M
HBR Canary HBAR ETF $48.0M $463.3K
Top 5 Laggards
IBIT iShares Bitcoin Trust ETF $46.80B ($54.8M)
BSOL Bitwise Solana Staking ETF $595.8M ($18.1M)
BITO ProShares Bitcoin ETF $1.47B ($2.9M)
BHYP Bitwise Hyperliquid ETF Common Shares of Beneficial Interest $103.0M ($1.2M)
NGHT Nicholas Bitcoin and Treasuries AfterDark ETF $24.3M ($207.4K)

Explore the Digital Assets Explorer →

Non-Traditional

Leveraged equity products dominated flows within the non-traditional category, which saw a net inflow of $1.81B. The Direxion Daily Semiconductor Bull 3X ETF (SOXL) was the day’s single largest asset gatherer across all ETFs, pulling in an impressive $1.13B. Its bearish counterpart, the Direxion Daily Semiconductor Bear 3X ETF (SOXS), saw outflows of $157.4M. The ProShares UltraPro QQQ (TQQQ) also had a strong day, adding $147.6M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SOXL Direxion Daily Semiconductor Bull 3X ETF $17.20B $1.13B
TQQQ ProShares UltraPro QQQ $32.11B $147.6M
BUFI AB International Buffer ETF Intl Buffer ETF $271.2M $131.9M
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $38.94B $82.9M
TSLL Direxion Daily TSLA Bull 2X ETF $3.06B $64.3M
Top 5 Laggards
SOXS Direxion Daily Semiconductor Bear 3X ETF $1.66B ($157.4M)
SQQQ ProShares UltraPro Short QQQ $1.99B ($100.1M)
TMF Direxion Daily 20+ Year Treasury Bull 3X ETF $2.28B ($87.3M)
AUGZ TrueShares Structured Outcome (August) ETF $42.4M ($42.6M)
NVDL GraniteShares 2x Long NVDA Daily ETF $3.17B ($30.5M)

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

Recent Launches

A number of funds have debuted in the past week, including several from major issuers. Morgan Stanley entered the digital asset space with its Morgan Stanley Ethereum Trust ETF (MSSE) and Morgan Stanley Solana Trust ETF (MSOL). BNY Mellon expanded its fixed income lineup with two new multi-sector ETFs. Among the newest funds, the EA Bridgeway Ultra-Small Company Market ETF (BUSM) has been the most successful in early asset gathering, reaching an AUM of $121.9M since its launch.

Ticker Name ETF Action Category Inception AUM
MSSE Morgan Stanley Ethereum Trust ETF Digital Asset: Cryptocurrency – Ethereum 7/27/2026 $6.2M
BGUS Baillie Gifford U.S. Equity Growth ETF Equity: U.S. Large Cap – Growth 7/27/2026 $0
BMSI BNY Mellon Muti-Sector Income ETF Fixed Income: Taxable – Multisector 7/27/2026 $25.0M
MAGA Truth Social America First ETF Equity: U.S. Large Cap – Value 7/27/2026 $31.7M
MSOL Morgan Stanley Solana Trust ETF Digital Asset: Cryptocurrency – Altcoin 7/27/2026 $1.0M
BGFI BNY Mellon Global Fixed Income ETF Fixed Income: Taxable – Multisector 7/27/2026 $24.1M
BUSM EA Bridgeway Ultra-Small Company Market ETF Equity: U.S. Small Cap – Blend 7/27/2026 $121.9M
RAML Leverage Shares 2X Long Memory Daily ETF Non-Traditional: Leverage | Inverse – Equity 7/23/2026 $400.9K
HWIV Hotchkis & Wiley International Value Fund ETF Equity: Global Ex-U.S. Large Cap – Value 7/22/2026 $511.9K
AAUB Alpha Architect US Equity 4 ETF Equity: U.S. Large Cap – Blend 7/22/2026 $821.7M

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 29, 2026, and reflects create/redeem activity from Wednesday, July 29, 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.