YTD ETF Flows Approach $1.5 Trillion: Precious Metals Shine Brightest

Share

Issuer League Tables

The U.S. ETF landscape now includes $13,522B in AUM across 4,853 products from 473 issuers. Vanguard led 1-day flows, collecting $6,698M, continuing its strong YTD trend of $401.92B. ProShares saw the largest 1-day outflows at -$937M. SPDR also saw strong 1-day inflows of $2,989M, followed by F/m with $7,065M.

Brand 1-Day Flow 30-Day Flow YTD Flow 1-Year Flow
Inflows
F/m $7,065M $7,103M $8.75B $8.84B
Vanguard $6,698M $49,176M $401.92B $416.84B
SPDR $2,989M $10,514M $76.83B $76.79B
Invesco $1,217M $10,865M $67.46B $74.75B
Schwab $301M $7,741M $43.80B $44.51B
Outflows
ProShares ($937M) $1,056M $3.19B $3.37B
iShares ($885M) $71,355M $367.97B $366.10B
Allianz ($224M) $44M $0.88B $0.89B
TrueShares ($80M) ($11M) $0.29B $0.30B
Grayscale ($59M) $197M ($2.56B) ($2.77B)

Daily ETF Flow Analysis

Total 1-day net flows for all U.S. listed ETFs amounted to $19.16B. Fixed Income led all asset classes with $10.27B in new assets, followed by Equity funds which gathered $9.38B. Digital Asset saw the largest outflows, shedding -$267M, while Non-Traditional funds saw net inflows of $3.44B.

Asset Class 1-Day Flow 1-Week Flow 1-Month Flow YTD Flow 1-Year Flow
Fixed Income $10,274M $21,552M $50,427M $440,777M $445,497M
Equity $9,375M $24,924M $137,254M $815,079M $835,215M
Non-Traditional $3,437M ($709M) $8,290M $88,048M $89,912M
Commodity $3,186M $439M $9,600M $55,858M $55,638M
MultiAsset- $237M $44M $844M $6,917M $7,131M
Currency $5M ($10M) ($56M) $539M $561M
Alternative ($3M) ($9M) $459M $4,049M $4,221M
Digital Asset ($267M) ($357M) $244M $36,308M $35,992M
Category 1-Day Flow AUM
Top 10 Categories
Fixed Income: Taxable – Government Ultrashort $7,559M $201.98B
Equity: U.S. Large Cap – Blend $3,026M $4,043.00B
Equity: U.S. Large Cap – Growth $2,041M $1,271.54B
Equity: U.S. Large Cap – Value $1,074M $908.56B
Equity: U.S. Small Cap – Blend $664M $333.09B
Equity: U.S. Mid Cap – Blend $562M $371.77B
Fixed Income: Taxable – International USD $511M $89.52B
Fixed Income: Taxable – Government Long $491M $136.38B
Non-Traditional: Synthetic Income – Equity $446M $149.75B
Commodity: Focused – Precious Metals $426M $319.82B
Bottom 10 Categories
Non-Traditional: Leverage | Inverse – Equity ($963M) $114.54B
Non-Traditional: Buffer – Equity ($272M) $80.27B
Digital Asset: Cryptocurrency – Bitcoin ($183M) $116.76B
Equity: Sector – Utilities ($124M) $37.40B
Equity: Sector – Financials ($101M) $102.17B
Fixed Income: Taxable – High Yield ($96M) $112.16B
Digital AssetCryptocurrency : – Ethereum ($94M) $18.14B
Fixed Income: Taxable – Long-Term ($84M) $18.83B
Equity: Thematic – Evolving Consumer ($76M) $15.95B
Equity: U.S. Small Cap – Growth ($49M) $51.89B

U.S. Size & Style

Within U.S. equities, Large Cap Blend funds dominated, pulling in $3.03B. U.S. Large Cap Growth funds also saw strong inflows of $2.04B. In contrast, U.S. Small Cap Growth funds saw the largest outflows at -$49M. At the fund level, VOO ($4.34B) and SPY ($1.79B) were the top two flow leaders, while IVV (-$3.18B) and SPYM (-$710M) saw the most significant redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
VOO Vanguard S&P 500 ETF $4,335M $829.8B
SPY SPDR S&P 500 ETF Trust $1,789M $709.7B
QQQ Invesco QQQ Trust Series I $1,463M $409.6B
IWM iShares Russell 2000 ETF $592M $76.8B
DIA SPDR Dow Jones Industrial Average ETF Trust $460M $44.4B
Top 5 Laggards
IVV iShares Core S&P 500 ETF ($3,179M) $762.4B
SPYM State Street SPDR Portfolio S&P 500 ETF ($710M) $96.8B
RSP Invesco S&P 500 Equal Weight ETF ($114M) $76.1B
IWO iShares Russell 2000 Growth ETF ($100M) $13.5B
ONEO State Street SPDR Russell 1000 Momentum Focus ETF ($50M) $0.0B

Global Ex-U.S. Size & Style

Global Ex-U.S. funds saw net positive flows, led by the Large Cap Blend category which gathered $392M. Global Ex-U.S. Large Cap Value funds added $156M, while Emerging Large Cap funds also saw modest inflows of $94M. Fund-level activity was topped by ACWI ($114M) and VXUS ($107M).

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
ACWI iShares MSCI ACWI ETF $114M $25.4B
VXUS Vanguard Total International Stock ETF $107M $119.4B
VYMI Vanguard International High Dividend Yield ETF $74M $14.7B
ACWX iShares MSCI ACWI ex U.S. ETF $67M $7.9B
AVDE Avantis International Equity ETF $62M $11.6B
Top 5 Laggards
ESGE iShares ESG Aware MSCI EM ETF ($61M) $5.6B
ACWV iShares MSCI Global Min Vol Factor ETF ($48M) $3.3B
TOUS T. Rowe Price International Equity ETF ($12M) $1.1B
PTIN Pacer Trendpilot International ETF ($3M) $0.2B
VWID Virtus WMC International Dividend ETF ($2M) $0.0B

Region & Country

Region-specific funds saw modest inflows, led by the Eurozone category ($63M) and North America ($22M). Asia-Pacific funds saw minor outflows (-$12M). At the fund level, EWN ($51M) was the clear leader, while CQQQ (-$33M) and EPI (-$19M) were the top laggards.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
EWN iShares MSCI Netherlands ETF $51M $0.34B
EWJ iShares MSCI Japan ETF $37M $15.49B
EWC iShares MSCI Canada ETF $22M $3.84B
AIA iShares Asia 50 ETF $10M $1.64B
EWW iShares MSCI Mexico ETF $7M $1.95B
Top 5 Laggards
CQQQ Invesco China Technology ETF ($33M) $2.81B
EPI WisdomTree India Earnings Fund ($19M) $2.76B
SMIN iShares MSCI India Small Cap ETF ($14M) $0.74B
EWZS iShares MSCI Brazil Small-Cap ETF ($10M) $0.17B
ENZL iShares MSCI New Zealand ETF ($7M) $0.07B

Sector & Industry

On a sector basis, Industrials led with $374M in 1-day flows, followed by Consumer Discretionary at $350M and Information Technology at $340M. Financials saw the largest outflows at -$101M, followed by Utilities (-$124M). XLY ($269M) was the top fund-level leader, while KBWB (-$202M) was the top laggard.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
XLY State Street Consumer Discretionary Select Sector SPDR ETF $269M $24.7B
XLF State Street Financial Select Sector SPDR ETF $205M $53.9B
SMH VanEck Semiconductor ETF $182M $37.4B
XBI State Street SPDR S&P Biotech ETF $137M $8.4B
XLK State Street Technology Select Sector SPDR ETF $102M $94.0B
Top 5 Laggards
KBWB Invesco KBW Bank ETF ($202M) $6.2B
KBWP Invesco KBW Property & Casualty Insurance ETF ($131M) $0.3B
XLB State Street Materials Select Sector SPDR ETF ($85M) $5.5B
IDU iShares U.S. Utilities ETF ($70M) $1.7B
VNQI Vanguard Global ex-U.S. Real Estate ETF ($60M) $3.5B

Thematic

Thematic funds were led by the Infrastructure category, which gathered $124M. Disruptive Tech ($52M) and Industrial Revolution ($23M) also saw inflows. In contrast, Evolving Consumer Thematics saw the largest outflows at -$76M. The PAVE ($82M) and GRID ($39M) ETFs led fund-level inflows, while CCNR (-$62M) saw the largest redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
PAVE Global X U.S. Infrastructure Development ETF $82M $10.22B
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure I $39M $5.25B
URA Global X Uranium ETF $32M $5.48B
XT iShares Future Exponential Technologies ETF $32M $3.61B
BAI iShares A.I. Innovation and Tech Active ETF $30M $8.18B
Top 5 Laggards
CCNR ALPS CoreCommodity Natural Resources ETF ($62M) $0.33B
ITB iShares U.S. Home Construction ETF ($39M) $2.61B
ARKK ARK Innovation ETF ($36M) $7.57B
IYZ iShares U.S. Telecommunications ETF ($20M) $0.66B
GTOP Goldman Sachs Technology Opportunities ETF ($18M) $0.63B

Fixed Income

Fixed Income funds saw net inflows. By type, Government led with $8.30B, followed by Multi-Sector ($1.76B) and Municipal ($358M). Corporate funds saw the largest outflows at -$263M. By duration, Ultrashort duration funds gathered $7.73B, while Intermediate duration funds added $1.54B. TBIL ($6.32B) and XBIL ($758M) were the top individual fund leaders.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
TBIL US Treasury 3 Month Bill ETF $6,319M $12.62B
XBIL US Treasury 6 Month Bill ETF $758M $1.52B
BNDX Vanguard Total International Bond ETF $502M $73.76B
SGOV iShares 0-3 Month Treasury Bond ETF $421M $67.57B
TLT iShares 20+ Year Treasury Bond ETF $324M $48.04B
Top 5 Laggards
VCSH Vanguard Short-Term Corporate Bond ETF ($159M) $40.08B
USHY iShares Broad USD High Yield Corporate Bond ETF ($158M) $25.55B
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF ($143M) $30.41B
HYG iShares iBoxx $ High Yield Corporate Bond ETF ($112M) $19.97B
VCLT Vanguard Long-Term Corporate Bond ETF ($91M) $7.54B

Commodity

Commodity funds experienced net inflows, driven almost entirely by the Precious Metals category, which added $426M. Multi-Sector funds saw inflows of $55M. Fund-level activity was light, with GLD ($532M) leading inflows, while SLV (-$126M) and USO (-$28M) drove the outflows.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
GLD SPDR Gold Shares $532M $152.78B
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF $25M $2.09B
HGER Harbor Commodity All-Weather Strategy ETF $23M $1.43B
GLTR abrdn Physical Precious Metals Basket Shares ETF $21M $2.64B
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF $4M $0.34B
Top 5 Laggards
SLV iShares Silver Trust ($126M) $36.87B
USO United States Oil Fund LP ($28M) $0.96B
UNG United States Natural Gas Fund LP ($13M) $0.66B
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund ($1M) $0.60B
DBO Invesco DB Oil Fund ($1M) $0.21B

Digital Assets

Digital Asset funds saw outflows, with Bitcoin funds (-$183M) and Ethereum funds (-$94M) both seeing significant 1-day redemptions. Altcoin funds added small inflows of $11M. XRPZ ($8M) and BITO ($4M) were the top two fund-level leaders for the day.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
XRPZ Franklin XRP ETF $8M $0.20B
BITO ProShares Bitcoin ETF $4M $2.30B
BSOL Bitwise Solana Staking ETF $2M $0.64B
GSOL Grayscale Solana Trust ETF $1M $0.16B
EETH ProShares Ether ETF $1M $0.11B
Top 5 Laggards
IBIT iShares Bitcoin Trust ETF ($157M) $67.90B
ETHE Grayscale Ethereum Trust ETF ($51M) $2.70B
ETHA iShares Ethereum Trust ETF ($25M) $10.34B
FBTC Fidelity Wise Origin Bitcoin Fund ($15M) $17.77B
ETHW Bitwise Ethereum ETF ($14M) $0.34B

Non-Traditional

Non-Traditional funds saw strong inflows of $3.44B, led by Synthetic Income products which added $456M. Leverage | Inverse funds saw outflows of -$899M. At the fund level, UYG ($1.71B) and SH ($950M) led inflows, while SOXL (-$123M) saw significant redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
UYG ProShares Ultra Financials $1,710M ($806M)
SH ProShares Short S&P500 $950M ($17M)
SPYI NEOS S&P 500 High Income ETF $102M $6.92B
QQQI NEOS Nasdaq 100 High Income ETF $96M $7.60B
JANU AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF $80M ($75M)
Top 5 Laggards
SIXJ AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF ($143M) $0.14B
BUFG FT Vest Buffered Allocation Growth ETF ($134M) $0.30B
SOXL Direxion Daily Semiconductor Bull 3x Shares ($123M) $13.68B
JANZ TrueShares Structured Outcome (January) ETF ($78M) $0.08B
TQQQ ProShares UltraPro QQQ ($47M) $30.79B

Recent ETF Launches

The XEML ETF from Xtrackers was the most recent fund to launch. The table below lists the 10 newest funds to market, including several new products from Amplify and Tortoise. Click the header above to explore the full ETF database, where you can sort by inception date to see all new funds.

Day of Inception Ticker Fund Name Category AUM
12/23/2025 XEML Xtrackers Europe Market Leaders ETF Equity: Region – Eurozone $5.03M
12/23/2025 TMLP Tortoise MLP ETF Unclassified $36.43M
12/23/2025 TKNQ Amplify Tokenization Technology ETF Unclassified $0.51M
12/23/2025 STBQ Amplify Stablecoin Technology ETF Unclassified $0.52M
12/23/2025 PIEL Pacer International Export Leaders ETF Unclassified $1.01M
12/22/2025 VGRO Virtus Silvant Growth Opportunities ETF Unclassified $2.53M
12/19/2025 OBTC Osprey Bitcoin Trust Digital Asset: Cryptocurrency – Bitcoin $140.57M
12/19/2025 GAUD Guinness Atkinson US Dividend Builder ETF Equity: U.S. Large Cap – Blend $0.25M
12/19/2025 GARY Mango Growth ETF Equity: U.S. Large Cap Growth- $214.88M
12/19/2025 GARA Guinness Atkinson Real Assets Income ETF Equity: Thematic – Infrastructure $0.38M

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 December 24, 2025, and reflects create/redeem activity from Tuesday, December 23, 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.