Vanguard Leads Inflows as S&P 500 ETFs Gain and QQQ Sheds Billions

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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.

Vanguard led all issuers with a commanding $6.23B in daily net inflows, contributing to its $266.02B year-to-date total. iShares followed with a strong showing of its own, gathering $3.59B, which builds on its impressive $71.34B haul over the past 30 days. On the other end of the spectrum, Invesco experienced the day’s largest net redemptions, shedding ($4.13B). Anfield saw outflows of ($479.8M) (may be the result of a custom rebalance), while Capital Group also registered a significant daily outflow of ($434.2M).

Issuer Flows (Absolute)

Brand AUM 1 Day 5 Day 30 Day YTD 1 Year
Top 5 Leaders
Vanguard $4,506.06B $6.23B ($3.93B) $32.58B $266.02B $523.27B
iShares $4,588.22B $3.59B $22.67B $71.34B $228.62B $482.27B
SPDR $1,962.13B $998.1M $1.57B $12.99B $61.75B $133.31B
VanEck $166.22B $424.4M $1.89B $2.18B $10.83B $20.74B
Dimensional $298.90B $387.3M $1.03B $5.85B $26.75B $48.45B
Top 5 Laggards
Invesco $983.03B ($4.13B) ($7.29B) $4.98B $44.97B $88.17B
Anfield (may be the result of a custom rebalance) $538.3M ($479.8M) $1.2M ($72.2M) ($14.4M) $169.0M
Capital Group $151.31B ($434.2M) $422.5M $4.95B $33.09B $61.84B
Distillate $2.01B ($292.0M) ($5.6M) ($11.7M) ($41.8M) ($79.7M)
US Commodity Funds $3.94B ($141.0M) ($110.3M) $176.9M $680.8M $937.1M

Issuer Flows (Relative to AUM)

Brand AUM 1 Day Flow 1 Day Flow % of AUM
Top 5 Leaders
Golden Eagle $86.4M $17.3M 20.00%
Measured Risk Portfolios $243.5M $21.0M 8.64%
EA Series Trust $77.8M $6.6M 8.52%
Avory $61.7M $3.6M 5.82%
Corgi $714.6M $40.3M 5.64%
Top 5 Laggards
Anfield (may be the result of a custom rebalance) $538.3M ($479.8M) (89.13%)
Beacon $89.8M ($21.2M) (23.63%)
LeaderShares $221.9M ($47.2M) (21.26%)
Distillate $2.01B ($292.0M) (14.54%)
Yoke $240.9M ($24.8M) (10.28%)

Daily ETF Flow Analysis

The ETF market recorded $8.44B in total net inflows, pushing the year-to-date total to $1.03T. Equity funds were the primary driver, attracting $4.78B, while Fixed Income products also saw robust demand, adding $3.24B. Conversely, Digital Asset funds continued a recent negative trend with ($262.8M) in outflows, and Commodity funds shed ($238.9M). The day’s activity was dominated by a rotation within large caps, as U.S. Large Cap Blend funds brought in $7.27B while U.S. Large Cap Growth funds saw ($5.14B) in redemptions.

Asset Class Flows

Asset Class AUM 1 Day 1 Week 1 Month YTD 1 Year
Equity $12,246.91B $4.78B $17.66B $142.16B $661.87B $1,239.56B
Fixed Income $2,595.75B $3.24B $16.07B $53.91B $326.92B $583.52B
Commodity $304.42B ($238.9M) ($2.25B) ($6.23B) ($7.37B) $28.10B
Alternative $12.47B $3.2M $2.0M $114.2M $3.16B $5.50B
Multi-Asset $39.78B ($1.7M) ($11.8M) $766.7M $6.79B $11.97B
Currency $2.95B ($17.6M) $10.9M $35.2M $653.1M $182.9M
Non-Traditional $508.54B $935.2M $2.82B $13.17B $48.83B $81.56B
Digital Asset $84.60B ($262.8M) ($2.12B) ($4.73B) ($6.24B) $14.18B
Total $15,795.42B $8.44B $32.19B $199.20B $1,034.60B $1,964.58B

Category Flows (Top/Bottom 10)

Category AUM 1 Day Flow
Top 10 Leaders
Equity: U.S. Large Cap – Blend $4,662.06B $7.27B
Fixed Income: Taxable – Corporate $180.31B $1.54B
Equity: Global Ex-U.S. Large Cap – Blend $1,133.86B $1.19B
Equity: Sector – Financials $97.25B $850.6M
Fixed Income: Taxable – Government Long $130.58B $770.1M
Fixed Income: Taxable – Ultrashort $194.02B $544.8M
Equity: Thematic – Disruptive Tech $109.67B $530.0M
Equity: Thematic – Evolving Consumer $13.79B $520.0M
Equity: Sector – Communication Services $30.47B $500.4M
Non-Traditional: Leverage | Inverse – Equity $146.29B $479.6M
Bottom 10 Laggards
Equity: U.S. Large Cap – Growth $1,472.13B ($5.14B)
Equity: Sector – Information Technology $507.41B ($2.04B)
Fixed Income: Taxable – Government Ultrashort $263.59B ($1.65B)
Equity: Region – Country Specific $186.29B ($425.0M)
Fixed Income: Taxable – Government Short $75.27B ($232.4M)
Digital Asset: Cryptocurrency – Bitcoin $72.75B ($226.7M)
Equity: Sector – Industrial $90.37B ($204.9M)
Equity: U.S. Mid Cap – Blend $447.65B ($183.5M)
Commodity: Focused – Energy $3.40B ($137.8M)
Fixed Income: Taxable – Multisector $66.36B ($105.3M)

U.S. Size & Style

U.S. Large Cap Blend ETFs saw significant inflows, led by the Vanguard S&P 500 ETF (VOO) which gathered an impressive $4.15B. The iShares Core S&P 500 ETF (IVV) also saw strong demand, adding $2.81B. In stark contrast, the Nasdaq-100 tracking Invesco QQQ Trust Series I (QQQ) experienced the day’s largest single-fund outflow at ($4.35B). The SPDR S&P 500 ETF (SPY) also saw considerable redemptions, with ($2.13B) leaving the fund.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
VOO Vanguard S&P 500 ETF $978.95B $4.15B
IVV iShares Core S&P 500 ETF $890.94B $2.81B
SPYM State Street SPDR Portfolio S&P 500 ETF $152.69B $1.27B
DIA State Street SPDR Dow Jones Industrial Average ETF Trust $43.94B $835.9M
IWM iShares Russell 2000 ETF $83.47B $495.6M
Top 5 Laggards
QQQ Invesco QQQ Trust Series I $485.76B ($4.35B)
SPY State Street SPDR S&P 500 ETF $774.98B ($2.13B)
CGDV Capital Group Dividend Value ETF $36.38B ($779.1M)
PDP Invesco Dorsey Wright Momentum ETF $1.66B ($489.5M)
VUG Vanguard Growth ETF $223.24B ($365.6M)

Explore the U.S. Size & Style Explorer →

Size & Style ex-U.S.

Broad international equity funds led inflows in the ex-U.S. category, with the Vanguard Total International Stock ETF (VXUS) taking the top spot by collecting $708.8M. Its counterpart, the Vanguard FTSE All-World ex-US Index Fund (VEU), also had a strong day, adding $351.7M. Outflows were more modest, with the iShares MSCI EAFE Small-Cap ETF (SCZ) seeing the largest redemption of ($99.3M).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
VXUS Vanguard Total International Stock ETF $156.50B $708.8M
VEU Vanguard FTSE All-World ex-US Index Fund $67.32B $351.7M
EFV iShares MSCI EAFE Value ETF $23.90B $183.6M
SCHF Schwab International Equity ETF $66.32B $110.2M
DISV Dimensional International Small Cap Value ETF $4.67B $98.3M
Top 5 Laggards
SCZ iShares MSCI EAFE Small-Cap ETF $14.34B ($99.3M)
EFAV iShares MSCI EAFE Min Vol Factor ETF $5.03B ($52.6M)
WWJD Inspire International ETF $514.1M ($36.0M)
SEIE SEI Select International Equity ETF $1.11B ($33.8M)
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF $3.63B ($22.6M)

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

Sector & Industry

Sector flows were highlighted by a significant divergence in the semiconductor industry and strength in communications. The State Street Communication Services Select Sector SPDR ETF (XLC) led all sector funds with $487.8M in new assets. Meanwhile, the iShares Semiconductor ETF (SOXX) experienced a massive ($1.95B) redemption, even as the VanEck Semiconductor ETF (SMH) attracted $393.9M. Financials also saw positive interest, with the State Street Financial Select Sector SPDR ETF (XLF) adding $335.2M.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
XLC State Street Communication Services Select Sector SPDR ETF $22.41B $487.8M
SMH VanEck Semiconductor ETF $77.59B $393.9M
XLF State Street Financial Select Sector SPDR ETF $51.43B $335.2M
KRE State Street SPDR S&P Regional Banking ETF $4.74B $329.2M
IXJ iShares Global Healthcare ETF $3.99B $147.5M
Top 5 Laggards
SOXX iShares Semiconductor ETF $45.87B ($1.95B)
PTF Invesco Dorsey Wright Technology Momentum ETF $877.8M ($273.0M)
XLK State Street Technology Select Sector SPDR ETF $120.64B ($200.1M)
PRN Invesco Dorsey Wright Industrials Momentum ETF $487.7M ($156.5M)
IYR iShares U.S. Real Estate ETF $4.53B ($138.0M)

Explore the Sector & Industry Explorer →

Region & Country

Activity in country and region-specific funds was relatively subdued, with outflows outpacing inflows. The Franklin FTSE Taiwan ETF (FLTW) was the category leader, though it only added a modest $30.9M. Redemptions were more pronounced, particularly in emerging markets, as the iShares MSCI Brazil ETF (EWZ) shed ($103.5M). The iShares MSCI South Korea ETF (EWY) and KraneShares CSI China Internet ETF (KWEB) also saw notable outflows of ($80.9M) and ($70.2M), respectively.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
FLTW Franklin FTSE Taiwan ETF $3.06B $30.9M
EPP iShares MSCI Pacific ex-Japan ETF $2.04B $16.0M
SCJ iShares MSCI Japan Small-Cap ETF $244.4M $10.6M
EWL iShares MSCI Switzerland ETF $1.98B $7.8M
SMIN iShares MSCI India Small Cap ETF $704.3M $7.0M
Top 5 Laggards
EWZ iShares MSCI Brazil ETF $8.96B ($103.5M)
EWY iShares MSCI South Korea ETF $24.39B ($80.9M)
KWEB KraneShares CSI China Internet ETF $4.84B ($70.2M)
EWC iShares MSCI Canada ETF $5.91B ($46.1M)
EWJ iShares MSCI Japan ETF $22.27B ($42.1M)

Explore the Region & Country Explorer →

Thematic

Thematic flows were concentrated in home construction and memory chip ETFs. The State Street SPDR S&P Homebuilders ETF (XHB) led the category with $317.9M in new assets, followed closely by the iShares U.S. Home Construction ETF (ITB) which added $214.3M. The Roundhill Memory ETF (DRAM) also saw significant interest, gathering $209.9M. Outflows were minimal in comparison, with the Fidelity Clean Energy ETF (FRNW) seeing the largest redemption at ($43.9M).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
XHB State Street SPDR S&P Homebuilders ETF $1.63B $317.9M
ITB iShares U.S. Home Construction ETF $2.82B $214.3M
DRAM Roundhill Memory ETF $26.12B $209.9M
MAGS Roundhill Magnificent Seven ETF $3.70B $97.1M
PAVE Global X U.S. Infrastructure Development ETF $14.65B $86.5M
Top 5 Laggards
FRNW Fidelity Clean Energy ETF $150.0M ($43.9M)
NANR State Street SPDR S&P North American Natural Resources ETF $735.9M ($30.2M)
SHLD Global X Defense Tech ETF $6.83B ($27.8M)
SPRX Spear Alpha ETF $268.3M ($23.2M)
ARKG ARK Genomic Revolution ETF $1.71B ($23.1M)

Explore the Thematic Explorer →

Fixed Income

Fixed income flows showed strong demand for investment-grade corporate debt, with the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) attracting a substantial $1.14B. Long-duration government bonds were also popular, as the iShares 20+ Year Treasury Bond ETF (TLT) added $414.6M. In contrast, the front end of the curve saw large redemptions, with the iShares 0-3 Month Treasury Bond ETF (SGOV) and State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) shedding ($906.1M) and ($730.4M), respectively. Outflows were also seen from the Anfield Universal Fixed Income ETF (AFIF) with ($227.4M) (may be the result of a custom rebalance).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF $33.31B $1.14B
TLT iShares 20+ Year Treasury Bond ETF $41.51B $414.6M
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $18.59B $204.6M
HYG iShares iBoxx $ High Yield Corporate Bond ETF $17.62B $199.8M
BND Vanguard Total Bond Market ETF $159.81B $198.2M
Top 5 Laggards
SGOV iShares 0-3 Month Treasury Bond ETF $94.99B ($906.1M)
BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETF $47.07B ($730.4M)
SCHO Schwab Short-Term US Treasury ETF $12.61B ($337.8M)
AFIF Anfield Universal Fixed Income ETF (may be the result of a custom rebalance) $227.4M ($227.4M)
CPAG F/m Compoundr U.S. Aggregate Bond ETF (may be the result of a custom rebalance) $145.7M ($142.7M)

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

Commodity

Commodity funds experienced net outflows of ($238.9M), continuing a negative trend over the past week and month. The United States Oil Fund LP (USO) led the redemptions with an outflow of ($126.6M). Gold-focused funds were mixed, as the SPDR Gold Shares (GLD) gained $36.9M while the iShares Gold Trust (IAU) lost ($45.4M).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
GLD SPDR Gold Shares $130.09B $36.9M
FTGC First Trust Global Tactical Commodity Strategy Fund $2.71B $9.5M
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF $2.29B $6.7M
CERY State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF $975.0M $1.3M
TILL Teucrium Agricultural Strategy No K-1 ETF $36.4M $0
Top 5 Laggards
USO United States Oil Fund LP $1.75B ($126.6M)
PDBA Invesco Agriculture Commodity Strategy No K-1 ETF $320.6M ($46.3M)
IAU iShares Gold Trust $60.09B ($45.4M)
CPER United States Copper Index Fund $724.7M ($13.2M)
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund $513.2M ($12.5M)

Explore the Commodities Explorer →

Cryptocurrency

Digital asset products saw net outflows of ($262.8M), deepening their one-week and one-month redemption totals. The category’s outflows were driven by the iShares Bitcoin Trust ETF (IBIT), which shed ($212.4M). The iShares Ethereum Trust ETF (ETHA) also contributed to the negative flows with a ($27.6M) redemption. Inflows into the space were negligible for the day.

Ticker Name AUM 1 Day Flow
Top 5 Leaders
XRPI Volatility Shares Trust XRP ETF $84.9M $2.8M
DEFI Hashdex Commodities Trust $13.3M $1.3M
TSUI 21Shares Sui ETF $12.6M $0
GDOG Grayscale Dogecoin Trust ETF Accred Inv $7.6M $0
BESO GSR Crypto Core3 ETF $7.6M $0
Top 5 Laggards
IBIT iShares Bitcoin Trust ETF $43.02B ($212.4M)
ETHA iShares Ethereum Trust ETF $4.25B ($27.6M)
FBTC Fidelity Wise Origin Bitcoin Fund $10.53B ($10.2M)
XRP Bitwise XRP ETF $298.6M ($5.8M)
BITO ProShares Bitcoin ETF $1.38B ($5.4M)

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Non-Traditional

Non-traditional ETFs gathered a collective $935.2M in net new assets. The Direxion Daily Semiconductor Bear 3X ETF (SOXS) was the day’s top asset gainer, pulling in $267.4M. The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) also continued to attract capital, adding another $162.9M. On the redemption side, the ProShares UltraPro Short QQQ (SQQQ) saw the largest outflow at ($108.7M).

Ticker Name AUM 1 Day Flow
Top 5 Leaders
SOXS Direxion Daily Semiconductor Bear 3X ETF $1.53B $267.4M
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $40.82B $162.9M
TQQQ ProShares UltraPro QQQ $36.96B $97.4M
UPRO ProShares UltraPro S&P500 $5.22B $85.3M
QLD ProShares Ultra QQQ $14.09B $63.0M
Top 5 Laggards
SQQQ ProShares UltraPro Short QQQ $2.15B ($108.7M)
SCO ProShares UltraShort Bloomberg Crude Oil $862.3M ($51.4M)
MRVU Direxion Daily MRVL Bull 2X ETF $247.5M ($34.5M)
DDFN Innovator Equity Dual Directional 15 Buffer ETF – November $75.4M ($28.1M)
SPCH Leverage Shares 2X Long SPCX Daily ETF $449.4M ($27.7M)

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

Recent Launches

The most recent launches were dominated by issuer Corgi, which introduced a broad suite of ten 2x daily leveraged single-stock ETFs. These new funds offer exposure to a variety of individual companies including those targeted by tickers AVGC, SMCC, and GMEC. Additionally, Tema launched two new thematic products, the Tema Photonics & Optical ETF (LAZR) and the Tema Memory ETF (DISK), which began trading with approximately $1.0M in assets each.

Ticker Name ETF Action Category Inception AUM
ACHX Corgi ACHR 2x Daily ETF Unclassified 6/30/2026 $255.1K
AVGC Corgi AVGO 2x Daily ETF Unclassified 6/30/2026 $256.9K
SMCC Corgi SMCI 2x Daily ETF Unclassified 6/30/2026 $270.8K
CIFC Corgi CIFR 2x Daily ETF Unclassified 6/30/2026 $243.1K
LAZR Tema Photonics & Optical ETF Unclassified 6/30/2026 $1.0M
BEC Corgi BE 2x Daily ETF Unclassified 6/30/2026 $300.4K
EO Corgi EOSE 2x Daily ETF Unclassified 6/30/2026 $232.6K
DISK Tema Memory ETF Unclassified 6/30/2026 $977.4K
GLX Corgi GLXY 2x Daily ETF Unclassified 6/30/2026 $229.0K
GMEC Corgi GME 2x Daily ETF Unclassified 6/30/2026 $251.0K

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 July 01, 2026, and reflects create/redeem activity from Wednesday, July 01, 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.