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 and iShares led the absolute daily net inflows, attracting $10,800M and $3,142M respectively, bolstering their 1-Year flow totals of $488.38B and $391.90B. Invesco reported the largest absolute daily outflow with -$467M, offsetting a portion of its $67.68B in 1-Year inflows. On a relative basis, Horizons experienced the most significant daily influx, collecting $110M representing 17.13% of its $640M in assets under management. Conversely, STF sustained the largest relative contraction, yielding -$5M for a 1-day decline equating to -5.08% of total assets.
Issuer Flows (Absolute)
Brand
AUM
1 Day
5 Day
30 Day
YTD
1 Year
Top 5 Leaders
Vanguard
$4,011.91B
$10,800M
$38,504M
$76,233M
$164.53B
$488.38B
iShares
$4,040.96B
$3,142M
-$35,387M
-$12,689M
$28.45B
$391.90B
Innovator
$31.90B
$637M
$438M
$843M
$1.74B
$5.15B
SPDR
$1,771.37B
$497M
$11,089M
-$3,007M
$2.21B
$56.38B
Distillate
$2.30B
$295M
$296M
$287M
$0.29B
$0.13B
Top 5 Laggards
Invesco
$796.87B
-$467M
-$1,451M
$1,201M
$7.55B
$67.68B
US Commodity Funds
$4.81B
-$241M
$804M
$114M
$1.30B
$1.77B
Xtrackers
$29.01B
-$169M
-$446M
-$296M
-$0.09B
-$0.03B
Direxion
$51.26B
-$104M
$2,775M
-$81M
-$3.59B
-$15.99B
ProShares
$107.86B
-$68M
$22,285M
$1,601M
$23.46B
$25.14B
Issuer Flows (Relative)
Brand
AUM
1 Day Flow
% of AUM
Top 5 Leaders
Horizons
$640M
$110M
17.13%
Distillate
$2,298M
$296M
12.89%
Bancreek
$187M
$16M
8.49%
Obra
$169M
$10M
5.88%
Mango
$235M
$11M
4.56%
Top 5 Laggards
STF
$94M
-$5M
-5.08%
US Commodity Funds
$4,810M
-$241M
-5.01%
Polen
$527M
-$14M
-2.69%
Anfield
$551M
-$10M
-1.82%
Tuttle Capital
$1,452M
-$22M
-1.54%
Daily ETF Flow Analysis
Equity strategies generated the largest influx across all asset classes with $12,626M in daily additions, elevating the 1-Month category trend to $59,909M. Fixed Income followed with $3,489M in daily inflows, contributing to $505,028M in 1-Year flows for the asset class. The Equity: U.S. Small Cap – Blend category paced specific mandates with $5,193M, while Equity: Emerging Large Cap exhibited the sharpest contraction with -$774M in single-day outflows. Commodity products registered the largest aggregate asset class reduction, shedding -$737M for the session.
Asset Class Flows
Asset Class
AUM
1 Day
1 Week
1 Month
YTD
1 Year
Equity
$10,463.3B
$12,626M
$10,762M
$59,909M
$218,782M
$948,032M
Fixed Income
$2,423.8B
$3,489M
$15,192M
$70,375M
$155,801M
$505,028M
Commodity
$389.0B
-$737M
-$2,883M
-$2,963M
$51,160M
$3,580M
Alternative
$11.7B
$71M
$184M
$885M
$1,105M
$5,166M
Multi-Asset
$35.0B
$38M
$315M
$1,390M
$3,571M
$10,270M
Currency
$2.9B
$12M
$280M
$363M
$615M
$1,007M
Non-Traditional
$405.2B
$539M
$2,771M
$12,091M
$82,332M
$20,803M
Digital Asset
$114.1B
$237M
$1,034M
$2,039M
$35,143M
-$857M
Total Flows
$13,844.9B
$16,276M
$27,655M
$144,088M
$403,399M
$1,638,138M
Top/Bottom 10 Category Flows
Category
AUM
1 Day Flow
Top 10 Leaders
Equity: U.S. Small Cap – Blend
$334.37B
$5,193M
Equity: U.S. Large Cap – Blend
$3,962.85B
$2,997M
Equity: Global Ex-U.S. Large Cap – Blend
$1,007.51B
$1,921M
Equity: U.S. Mid Cap – Blend
$379.78B
$1,029M
Fixed Income: Taxable – Government Ultrashort
$238.38B
$956M
Equity: Sector – Financials
$88.07B
$754M
Fixed Income: Taxable – Government Intermediate
$124.02B
$697M
Fixed Income: Taxable – Corporate
$170.69B
$610M
Equity: Sector – Information Technology
$342.89B
$581M
Fixed Income: Municipal – Intermediate
$130.35B
$572M
Top 10 Laggards
Equity: Emerging Large Cap
$412.17B
-$774M
Commodity: Focused – Precious Metals
$358.37B
-$693M
Equity: Sector – Consumer Staples
$29.32B
-$401M
Equity: Thematic – Precious Metals
$57.09B
-$323M
Equity: U.S. Large Cap – Value
$956.50B
-$301M
Non-Traditional: Leverage | Inverse – Equity
$100.15B
-$280M
Commodity: Focused – Energy
$4.28B
-$237M
Equity: Region – Country Specific
$166.66B
-$218M
Fixed Income: Taxable – Long-Term
$18.97B
-$181M
Fixed Income: Taxable – Preferred Stock
$39.86B
-$166M
U.S. Size & Style
IWM accumulated $3,783M in single-day flows, extending the U.S. Small Cap – Blend category’s total 1-Year positive intake to $3,477M. VOO collected $3,456M, representing a substantial addition to the fund’s $878.8B in total assets. Meanwhile, IVV experienced a daily reduction of -$2,419M, leading the outflows within the U.S. Large Cap – Blend segment. Large Cap Blend funds collectively captured $2,997M in daily additions despite IVV and SPY experiencing near-term contractions.
CORO led all international size and style peers with $889M in daily flows, representing a substantial portion of the fund’s $1.5B in total assets. VEU and VEA also reported notable gains of $345M and $325M, supporting the Global Ex-U.S. Large Cap – Blend category’s $1,921M daily total. Conversely, EEM recorded the largest single-day reduction with -$709M leaving the fund. The Emerging Large Cap segment contracted by -$774M daily, contrasting with its positive $64,627M 1-Year flow trajectory.
Financials paced sector strategies as XLF added $661M daily, pulling the broader sector category to a positive $754M for the session. SMH collected $315M, aiding the Information Technology sector in gathering $581M over the 1-day period despite the category’s 1-Month trend remaining positive at $2,992M. XLP posted the heaviest daily outflow of -$408M, driving the Consumer Staples sector to an aggregate -$401M 1-day reduction. ITA also reduced assets by -$163M, which suppressed the Industrial sector’s short-term flow metrics.
BBAX secured $18M in daily inflows, contributing to the broader Asia-Pacific Ex-Japan category’s positive $18M daily collection. KSA and EWN gathered $15M each, reinforcing specific country allocations against wider regional outflows. FLIN and EPI observed the sharpest single-day outflows, shedding -$91M and -$50M, respectively. The Country Specific category aggregated -$218M in daily outflows, diverging from the segment’s $23,822M 1-Year intake.
SHLD led thematic strategies with $67M in daily flows, supplementing the Disruptive Tech category’s $49M 1-day expansion. BAI and ITB also captured $59M and $57M, supporting positive near-term allocations in the space. GDX contracted by -$236M, pushing the Precious Metals thematic category to an aggregate -$323M for the day. SIL and BIZD similarly shed -$60M and -$27M, reflecting targeted 1-day reductions in specific thematic funds.
LQD processed $554M in daily inflows, driving the Taxable Corporate segment’s $610M 1-day increase. GOVT and LMUB aggregated $404M and $403M, expanding their respective total asset bases to $39.98B and $1.21B. On the downside, USHY relinquished -$243M, counteracting a portion of the broad High Yield category’s $16,025M 1-Year historical inflow. HYLB and PFF also posted -$167M and -$165M in near-term outflows for the session.
SLV acquired $86M in 1-day flows, operating counter to the broader Precious Metals category’s -$693M daily outflow. PDBC captured $73M, assisting the Multi-Sector Commodity class in reaching $127M for the day. IAU shed -$555M daily, which diminished the fund’s absolute AUM to $77.44B. USO and GLD followed with reductions of -$230M and -$184M, contributing to the asset class’s negative short-term trajectory.
IBIT gathered $139M in daily inflows, bolstering the Bitcoin category’s $202M 1-day total and its $22,228M 1-Year aggregate. FBTC and FETH followed by collecting $65M and $35M, supporting total Digital Asset net allocations. ETHA and ETHE logged the largest sector outflows, retreating by -$16M and -$15M, respectively. The aggregate Ethereum category managed a positive $36M for the session, resisting the downward pull of specific fund outflows.
IAPR generated $192M in daily flows, leading the Buffer category to a $481M 1-day net expansion. KAPR and TSLL added $154M and $84M, contributing to the $539M single-day total for the Non-Traditional asset class. SOXL registered a severe -$352M daily contraction, driving the Leverage/Inverse Equity segment to an aggregate -$280M decline. YMAR and UCO additionally subtracted -$61M and -$47M from their respective capital bases.
The ETF market registered 10 recent launches between March 11 and March 13, aggregating over $1.9B in new product assets. SQS dominated the initial asset gathering by securing $1,264.12M within the U.S. Large Cap Blend category immediately upon inception. NPFE collected $578.05M on its launch date, further augmenting the Equity asset class’s footprint. The newly launched vehicles span multiple classifications, encompassing traditional equity mandates, synthetic income strategies, and alternative digital assets.
Share Macro Summary The market logged elevated participation this session, processing a robust $471.4B in total volume and trading at 133% of its 30-day average. […]
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 […]
Share Macro Overview Broad equity markets experienced unified drawdowns, with Emerging Markets (EEM) leading the decline at -3.44% on the day. Developed ex-U.S. (EFA) retreated […]
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