Issuer League Tables
The U.S. ETF industry remains robust with $12,912B in assets under management across 4,702 funds from 461 brands. SPDR led all issuers in 1-day net inflows, gathering $5,088M, while Vanguard followed with $2,211M. Schwab also saw significant demand, adding $2,092M. On the outflows side, Invesco experienced the largest 1-day redemptions at -$1,635M, followed by iShares with -$426M.
| Brand | 1-Day Flow | 30-Day Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|
| Inflows | ||||
| SPDR | $5,088M | $14,674M | $64.41B | $73.17B |
| Vanguard | $2,211M | $56,146M | $341.32B | $392.53B |
| Schwab | $2,092M | $619M | $35.34B | $44.59B |
| Capital Group | $1,319M | $4,910M | $40.88B | $44.22B |
| Nuveen | $630M | $2,017M | $2.21B | $2.08B |
| Outflows | ||||
| Invesco | ($1,635M) | $8,221M | $55.07B | $70.72B |
| iShares | ($426M) | $38,884M | $285.89B | $353.32B |
| Simplify | ($264M) | $601M | $5.40B | $5.59B |
| First Trust | ($196M) | $1,013M | $11.56B | $13.56B |
| ProShares | ($167M) | ($300M) | $1.79B | $0.99B |
Daily ETF Flow Analysis
Total 1-day net flows for all U.S. listed ETFs reached $6.20B. Equity led the charge with $5.83B in new assets, while Fixed Income funds gathered $559M. Non-Traditional strategies also saw positive momentum with $191M in inflows. Conversely, Digital Asset funds faced headwinds with -$443M in outflows, and Commodities saw minor redemptions of -$35M.
| Asset Class | 1-Day Flow | 1-Week Flow | 1-Month Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|---|
| Equity | $5,834M | $117,828M | $30,977M | $655,189M | $795,906M |
| Fixed Income | $559M | $46,247M | $6,193M | $377,410M | $411,184M |
| Non-Traditional | $191M | $6,933M | $1,479M | $90,964M | $76,741M |
| MultiAsset- | $77M | $241M | $897M | $5,989M | $7,035M |
| Alternative | $18M | ($87M) | ($256M) | $3,774M | $3,624M |
| Currency | ($6M) | $26M | $65M | $570M | $726M |
| Commodity | ($35M) | ($1,249M) | $29M | $45,912M | $44,717M |
| Digital Asset | ($443M) | ($4,038M) | ($1,971M) | $36,953M | $47,146M |
| Category | 1-Day Flow | AUM |
|---|---|---|
| Top 10 Categories | ||
| Equity: U.S. Large Cap – Blend | $7,028M | $3,863.04B |
| Fixed Income: Taxable – Government Ultrashort | $838M | $187.54B |
| Equity: U.S. Large Cap – Value | $724M | $857.51B |
| Equity: Emerging Large Cap | $599M | $355.21B |
| Equity: Sector – Health Care | $585M | $93.11B |
| Fixed Income: Taxable – Government Intermediate | $183M | $109.49B |
| Fixed Income: Taxable – Corporate | $146M | $159.94B |
| Fixed Income: Taxable – Core | $142M | $373.68B |
| Equity: Global Ex-U.S. Large Cap – Blend | $142M | $891.46B |
| Equity: U.S. Small Cap – Blend | $141M | $304.80B |
| Bottom 10 Categories | ||
| Equity: U.S. Large Cap Growth- | ($1,453M) | $1,216.80B |
| Equity: Sector – Financials | ($582M) | $95.10B |
| Fixed Income: Taxable – High Yield | ($516M) | $107.51B |
| Equity: Sector – Energy | ($316M) | $45.46B |
| Digital Asset: Cryptocurrency – Bitcoin | ($274M) | $123.44B |
| Fixed Income: Taxable – Ultrashort | ($266M) | $157.92B |
| Equity: Sector – Information Technology | ($249M) | $336.09B |
| Equity: Sector – Consumer Discretionary | ($192M) | $34.23B |
| Digital Asset: Cryptocurrency – Ethereum | ($180M) | $18.98B |
| Equity: U.S. Mid Cap Growth- | ($179M) | $57.04B |
U.S. Size & Style
U.S. Large Cap Blend funds dominated inflows, adding $7.03B, while Value funds contributed $724M. In contrast, Growth funds saw significant outflows of -$1.45B. Fund-level activity was led by SPY ($4.86B) and VOO ($1.46B), while QQQ (-$996M) and IWF (-$420M) faced the largest redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SPY | SPDR S&P 500 ETF Trust | $4,859M | $685.6B |
| VOO | Vanguard S&P 500 ETF | $1,456M | $793.4B |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | $466M | $40.9B |
| IVV | iShares Core S&P 500 ETF | $435M | $715.7B |
| CGDV | Capital Group Dividend Value ETF | $269M | $24.6B |
| Top 5 Laggards | |||
| QQQ | Invesco QQQ Trust Series I | ($996M) | $393.9B |
| IWF | iShares Russell 1000 Growth ETF | ($420M) | $121.7B |
| RSP | Invesco S&P 500 Equal Weight ETF | ($333M) | $71.4B |
| IWD | iShares Russell 1000 Value ETF | ($304M) | $65.1B |
| SPMO | Invesco S&P 500 Momentum ETF | ($235M) | $12.5B |
Global Ex-U.S. Size & Style
International flows were driven by Emerging Large Cap funds, which pulled in $599M, followed by Global Ex-U.S. Large Cap Blend strategies with $142M. Fund activity was led by IEMG ($282M) and VWO ($166M), showing a preference for broad emerging market exposure.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IEMG | iShares Core MSCI Emerging Markets ETF | $282M | $115.5B |
| VWO | Vanguard FTSE Emerging Markets ETF | $166M | $104.3B |
| SPEM | SPDR Portfolio Emerging Markets ETF | $118M | $15.2B |
| AVDE | Avantis International Equity ETF | $51M | $10.6B |
| ACWX | iShares MSCI ACWI ex U.S. ETF | $39M | $7.2B |
| Top 5 Laggards | |||
| DMXF | iShares ESG Advanced MSCI EAFE ETF | ($8M) | $0.6B |
| IQSI | NYLI Candriam International Equity ETF | ($4M) | $0.2B |
| MFSI | MFS Active International ETF | ($1M) | $0.6B |
| RAYD | Rayliant Quantitative Developed Market Equity ETF | ($1M) | $0.1B |
| EMC | Global X Emerging Markets Great Consumer ETF | ($1M) | $0.1B |
Region & Country
Asia-Pacific funds saw inflows of $112M, while Eurozone funds remained flat. Country-specific activity was highlighted by inflows into Taiwan (EWT) and South Korea (EWY), while Japan-hedged strategies (DBJP) saw minor outflows.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| EWT | iShares MSCI Taiwan ETF | $76M | $6.69B |
| EWY | iShares MSCI South Korea ETF | $47M | $7.14B |
| VGK | Vanguard FTSE Europe ETF | $3M | $27.70B |
| EWN | iShares MSCI Netherlands ETF | $3M | $0.29B |
| HEWJ | iShares Currency Hedged MSCI Japan ETF | $3M | $0.51B |
| Top 5 Laggards | |||
| DBJP | Xtrackers MSCI Japan Hedged Equity ETF | ($5M) | $0.43B |
| KWEB | KraneShares CSI China Internet ETF | ($4M) | $9.30B |
| GREK | Global X MSCI Greece ETF | ($3M) | $0.29B |
| KBA | KraneShares Bosera MSCI China A 50 Connect Index ETF | ($3M) | $0.24B |
| THD | iShares MSCI Thailand ETF | ($3M) | $0.21B |
Sector & Industry
Health Care funds led the sector category with $585M in inflows. Consumer Staples ($195M) and Utilities ($54M) also saw positive interest. Financials experienced the largest outflows at -$582M, followed by Consumer Discretionary (-$475M) and Energy (-$316M). Fund flows were mixed, with IBB and XLK leading inflows, while XLF saw notable redemptions.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IBB | iShares Biotechnology ETF | $206M | $7.4B |
| XLK | Technology Select Sector SPDR Fund | $170M | $91.9B |
| XBI | State Street SPDR S&P Biotech ETF | $169M | $7.6B |
| XLV | Health Care Select Sector SPDR Fund | $152M | $39.3B |
| VHT | Vanguard Health Care ETF | $49M | $16.9B |
| Top 5 Laggards | |||
| XLF | Financial Select Sector SPDR Fund | ($388M) | $51.4B |
| IGM | iShares Expanded Tech Sector ETF | ($291M) | $9.4B |
| XLY | Consumer Discretionary Select Sector SPDR Fund | ($194M) | $23.1B |
| XLE | Energy Select Sector SPDR Fund | ($190M) | $27.5B |
| KBWB | Invesco KBW Bank ETF | ($113M) | $5.4B |
Thematic
Thematic flows were mixed, with Multi-Sector funds adding $50M. However, Precious Metals (-$159M) and Evolving Consumer (-$150M) faced significant outflows. Uranium miner URA led inflows, while Gold Miners GDX saw the heaviest selling.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| URA | Global X Uranium ETF | $48M | $4.92B |
| ARKK | ARK Innovation ETF | $41M | $6.94B |
| IGF | iShares Global Infrastructure ETF | $31M | $8.75B |
| IYZ | iShares U.S. Telecommunications ETF | $26M | $0.62B |
| ARKG | ARK Genomic Revolution ETF | $19M | $1.10B |
| Top 5 Laggards | |||
| GDX | VanEck Gold Miners ETF | ($143M) | $22.47B |
| FDN | First Trust Dow Jones Internet Index Fund | ($67M) | $6.69B |
| AIRR | First Trust RBA American Industrial Renaissance ETF | ($46M) | $5.67B |
| PEJ | Invesco Leisure and Entertainment ETF | ($43M) | $0.27B |
| SKYY | First Trust Cloud Computing ETF | ($39M) | $3.04B |
Fixed Income
Fixed Income markets saw inflows into Government funds ($1,025M), while Corporate bonds experienced outflows of -$491M. High Yield funds faced pressure with -$516M in redemptions. Short-term treasury products like SGOV and BIL led inflows.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SGOV | iShares 0-3 Month Treasury Bond ETF | $437M | $61.47B |
| BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | $260M | $42.93B |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | $199M | $32.57B |
| NHYB | Nuveen High Yield Corporate Bond ETF | $149M | $1.44B |
| JEI | iShares 3-7 Year Treasury Bond ETF | $108M | $17.25B |
| Top 5 Laggards | |||
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | ($521M) | $17.36B |
| SBIL | Simplify Government Money Market ETF | ($271M) | $3.87B |
| IGSB | iShares 1-5 Year Investment Grade Corporate Bond ETF | ($240M) | $22.23B |
| JNK | State Street SPDR Bloomberg High Yield Bond ETF | ($97M) | $7.61B |
| SPIB | State Street SPDR Portfolio Intermediate Term Corporate.. | ($68M) | $10.73B |
Commodity
Commodity ETFs saw net outflows of -$35M, driven by Multi-Sector funds (-$44M) and Energy (-$9M from category level, though table shows mixed). Precious Metals gathered $18M. BAR led inflows with $18M, while EDGH and DBC saw modest outflows.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| BAR | GraniteShares Gold Shares | $18M | $1.41B |
| HGER | Harbor Commodity All-Weather Strategy ETF | $5M | $1.36B |
| SDCI | USCF SummerHaven Dynamic Commodity Strategy No K-1.. | $1M | $0.29B |
| CERY | SPDR Bloomberg Enhanced Roll Yield Commodity Strategy.. | $1M | $0.59B |
| KCCA | KraneShares California Carbon Allowance Strategy ETF | SOM | $0.12B |
| Top 5 Laggards | |||
| EDGH | 3EDGE Dynamic Hard Assets ETF | ($22M) | $0.15B |
| DBC | Invesco DB Commodity Index Tracking Fund | ($15M) | $1.28B |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy N.. | ($14M) | $4.49B |
| UNG | United States Natural Gas Fund LP | ($9M) | $0.59B |
| KEUA | KraneShares European Carbon Allowance Strategy ETF | SOM | $0.01B |
Digital Assets
Digital Asset funds saw net outflows of -$443M, with Bitcoin (-$274M) and Ethereum (-$180M) funds driving the negative trend. Only Altcoin funds saw positive movement ($11M). Fund-level leaders were muted, with ETH gathering $11M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| ETH | Grayscale Ethereum Mini Trust ETF | $11M | $2.04B |
| XRPC | Canary XRP ETF | $8M | $0.27B |
| BSOL | Bitwise Solana Staking ETF | $7M | $0.42B |
| ETHE | Grayscale Ethereum Trust ETF | $2M | $2.91B |
| GSOL | Grayscale Solana Trust ETF | $1M | $0.09B |
| Top 5 Laggards | |||
| ETHA | iShares Ethereum Trust ETF | ($193M) | $11.06B |
| IBIT | iShares Bitcoin Trust ETF | ($146M) | $72.24B |
| GBTC | Grayscale Bitcoin Trust ETF | ($35M) | $15.54B |
| ARKB | ARK 21Shares Bitcoin ETF | ($30M) | $3.72B |
| HODL | VanEck Bitcoin ETF | ($23M) | $1.64B |
Non-Traditional
Non-Traditional strategies gathered $191M, led by Leverage | Inverse products ($93M) and Buffer ETFs ($81M). Leveraged semiconductor bull fund SOXL saw the largest inflows at $191M, while the S&P 500 leveraged bull SSO faced the largest outflows at -$139M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | $191M | $11.58B |
| TENM | iShares Large Cap 10% Target Buffer Mar ETF | $173M | $0.18B |
| UPRO | ProShares UltraPro S&P500 | $158M | $4.50B |
| DECU | AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | $76M | $0.28B |
| DECZ | TrueShares Structured Outcome (December) ETF | $59M | $0.12B |
| Top 5 Laggards | |||
| SSO | ProShares Ultra S&P 500 | ($139M) | $7.12B |
| TSLL | Direxion Daily TSLA Bull 2X Shares | ($129M) | $6.20B |
| TEND | iShares Large Cap 10% Target Buffer Dec ETF | ($125M) | $0.01B |
| SNOV | FT Vest U.S. Small Cap Moderate Buffer ETF – November | ($119M) | $0.11B |
| ULTY | YieldMax Ultra Option Income Strategy ETF | ($111M) | $1.66B |
Recent ETF Launches
New product activity remains high with multiple launches on November 17th. Notable debuts include new equity products from Thrivent, leveraged single-stock ETFs from Leverage Shares, and new offerings from Goldman Sachs and BBH.
| Launch Date | Ticker | Fund Name | Category | AUM |
|---|---|---|---|---|
| 11/17/2025 | TSCV | Thrivent Small Cap Value ETF | Unclassified | $139.35M |
| 11/17/2025 | TMVE | Thrivent Mid Cap Value ETF | Unclassified | $6.63M |
| 11/17/2025 | TERG | Leverage Shares 2X Long TER Daily ETF | Unclassified | $0.36M |
| 11/17/2025 | SBU | Leverage Shares 2X Long SBUX Daily ETF | Unclassified | $0.37M |
| 11/17/2025 | OKTG | Leverage Shares 2X Long OKTA Daily ETF | Unclassified | $0.35M |
| 11/17/2025 | NUG | Leverage Shares 2X Long NU Daily ETF | Unclassified | $0.36M |
| 11/17/2025 | NEMG | Leverage Shares 2x Long NEM Daily ETF | Unclassified | $0.37M |
| 11/17/2025 | GVLE | Goldman Sachs Value Opportunities ETF | Unclassified | $44.09M |
| 11/17/2025 | GUSE | Goldman Sachs Enhanced U.S. Equity ETF | Unclassified | $361.25M |
| 11/17/2025 | GBHI | Gabelli High Income ETF | Unclassified | $5.00M |
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 November 18, 2025, and reflects create/redeem activity from Monday, November 17, 2025.
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.
