Note: Flow data is reported after close on a T+1 basis. The flows in this report reflect create/redeem activity from Friday, October 17, 2025.
Market Flow Summary
The U.S. ETF market saw total net inflows of +$1.07B. The top issuer by inflow was SPDR, which brought in +$3.47B. The top individual fund for the day was the SPDR S&P 500 ETF Trust (SPY), attracting +$1.82B. On the other side, FT Vest experienced the largest outflows among issuers with -$1.49B, and the individual fund with the largest outflow was the Invesco QQQ Trust Series I (QQQ), shedding -$1.02B. The most notable high-velocity brand was 21Shares, which saw outflows of -$275.15M, representing -5.61% of its AUM.
Flow Summary by Asset Class
Commodity and Fixed Income ETFs led the way in daily inflows, collecting +$1.77B and +$1.60B respectively. On a year-to-date basis, Equity remains the dominant asset class with over +$536.61B in net flows.
| Asset Class | 1D Flow | 1M Flow | YTD Flow |
|---|---|---|---|
| Commodity | +$1.77B | +$14.90B | +$47.16B |
| Fixed Income | +$1.60B | +$48.30B | +$331.42B |
| Multi-Asset | +$34.03M | +$1.37B | +$5.09B |
| Unspecified | +$21.34M | +$369.52M | +$439.78M |
| Currency | $0.00 | -$35.13M | +$504.72M |
| Alternative | -$22.15M | +$534.14M | +$4.03B |
| Equity | -$313.83M | +$76.15B | +$536.61B |
| Digital Asset | -$546.07M | +$6.34B | +$40.99B |
| Non-Traditional | -$1.48B | +$7.26B | +$69.43B |
Top/Bottom Five Category Flows
At the category level, U.S. Large Cap Blend Equity funds were the clear winners, while U.S. Large Cap Growth funds experienced the largest redemptions.
Top 5 Category Inflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Blend | +$1.96B |
| Commodity: Focused – Precious Metals | +$1.74B |
| Equity: Region – Eurozone | +$695.59M |
| Fixed Income: Taxable – Government Intermediate | +$523.58M |
| Equity: Sector – Information Technology | +$359.44M |
Bottom 5 Category Outflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Growth | -$1.67B |
| Non-Traditional: Buffer – Equity | -$1.46B |
| Equity: Sector – Financials | -$1.04B |
| Equity: U.S. Large Cap – Value | -$903.65M |
| Digital Asset: Cryptocurrency – Bitcoin | -$507.37M |
ETF Issuer Flow Analysis
Among ETF issuers, SPDR had the highest net inflow of +$3.47B, representing +0.20% of its AUM. FT Vest saw the largest net outflow at -$1.49B, or -3.25% of its AUM. The top high-velocity brand was 21Shares, which saw outflows of -5.61% of its AUM.
Top 5 Brands by Inflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| SPDR | $1.76T | +$3.47B | +0.20% |
| Vanguard | $3.67T | +$958.11M | +0.03% |
| JPMorgan | $254.61B | +$914.17M | +0.36% |
| Dimensional | $227.56B | +$297.36M | +0.13% |
| VanEck | $121.04B | +$182.95M | +0.15% |
Bottom 5 Brands by Outflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| FT Vest | $44.36B | -$1.49B | -3.25% |
| Invesco | $767.37B | -$1.24B | -0.16% |
| iShares | $3.83T | -$960.38M | -0.03% |
| Schwab | $473.91B | -$477.99M | -0.10% |
| Direxion | $56.83B | -$303.64M | -0.53% |
High-Velocity Brands
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| 21Shares | $4.63B | -$275.15M | -5.61% |
Significant Single-Fund Movements
The most significant single-fund inflow was seen in the SPDR S&P 500 ETF Trust (SPY) with +$1.82B. Conversely, the largest outflow was from the Invesco QQQ Trust Series I (QQQ), which saw redemptions of -$1.02B.
Largest Absolute Daily Flows (Net Flows > $250M)
High-Velocity Inflows (AUM > $100M, 1D Flow > +5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| ProShares UltraShort Gold (GLL) | $162.21M | +$29.56M | +22.28% |
| iShares BB Rated Corporate Bond ETF (HYBB) | $335.89M | +$49.33M | +17.21% |
| Direxion Daily Regional Banks Bull 3X Shares (DPST) | $740.16M | +$97.45M | +15.16% |
| Direxion Daily Gold Miners Index Bear 2x Shares (DUST) | $180.21M | +$22.76M | +14.45% |
| JPMorgan BetaBuilders Europe ETF (BBEU) | $5.87B | +$697.95M | +13.49% |
| Roundhill HOOD WeeklyPay ETF (HOOW) | $249.11M | +$29.06M | +13.21% |
| AltShares Merger Arbitrage ETF (ARB) | $100.65M | +$10.12M | +11.17% |
| Defiance Daily Target 2X Long IONQ ETF (IONX) | $134.45M | +$13.44M | +11.11% |
| GraniteShares 2x Long BABA Daily ETF (BABX) | $208.32M | +$19.54M | +10.35% |
| Strategas Macro Thematic Opportunities ETF (SAMT) | $301.52M | +$25.31M | +9.16% |
High-Velocity Outflows (AUM > $100M, 1D Flow < -5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| FT Vest U.S. Equity Buffer ETF – October (FOCT) | $905.48M | -$910.24M | -50.13% |
| FT Vest U.S. Equity Moderate Buffer ETF – October (GOCT) | $212.67M | -$169.36M | -44.33% |
| FT Vest U.S. Equity Deep Buffer ETF – October (DOCT) | $323.32M | -$225.67M | -41.11% |
| Defiance Daily Target 2x Short IONQ ETF (IONZ) | $104.50M | -$39.23M | -27.29% |
| VanEck Social Sentiment ETF (BUZZ) | $153.94M | -$42.76M | -21.74% |
| Cambria Global EW ETF (GEW) | $148.54M | -$33.01M | -18.18% |
| Direxion Daily NVDA Bull 2X Shares (NVDU) | $621.50M | -$132.30M | -17.55% |
| SPDR S&P Regional Banking ETF (KRE) | $2.82B | -$569.30M | -16.78% |
| First Trust Growth Strength ETF (FTGS) | $1.26B | -$230.72M | -15.45% |
| Defiance Daily Target 2X Long HIMS ETF (HIMZ) | $134.88M | -$23.81M | -15.00% |
Custom Analysis and Daily Data
This daily snapshot is just the beginning. Our full suite of tools allows for deep, customizable analysis of the entire ETF landscape. Institutional clients can track real-time flows, screen for specific fund characteristics, and analyze historical trends to gain a competitive edge. To explore our comprehensive data and analytics platform, please contact our sales team for a personalized demonstration.
Large Flow Activity Note: Daily create/redeem activity is a normal function of the ETF market. Large flows often reflect rebalancing activity by a single large institution and are not necessarily indicative of broad market sentiment.
Disclosures
This report is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. ETF Action is not a registered investment advisor.
All data is sourced from proprietary and third-party sources believed to be reliable, but its accuracy and completeness are not guaranteed. Past performance is not indicative of future results.
