Note: Flow data is reported after close on a T+1 basis. The flows in this report reflect create/redeem activity from Wednesday, October 8, 2025.
Market Flow Summary
The U.S. ETF market saw total net inflows of +$5.01B. The top issuer by inflow was iShares, which attracted +$1.60B. The top individual fund by inflow was Vanguard S&P 500 ETF (VOO), which brought in +$634.75M. On the other side, SPDR experienced the largest outflows with -$797.89M, and the individual fund with the largest outflow was SPDR S&P 500 ETF Trust (SPY) with -$1.75B. The most notable high-velocity brand was US Global, which saw inflows representing +7.69% of its AUM.
Flow Summary by Asset Class
Fixed Income led all asset classes with +$3.17B in daily inflows, followed by Equity with +$1.31B. On a year-to-date basis, Equity remains the dominant leader, having accumulated +$513.76B.
| Asset Class | 1D Flow | 1M Flow | YTD Flow |
|---|---|---|---|
| Fixed Income | +$3.17B | +$46.80B | +$318.77B |
| Equity | +$1.31B | +$90.45B | +$513.76B |
| Digital Asset | +$494.34M | +$10.77B | +$41.79B |
| Commodity | +$77.22M | +$9.60B | +$41.18B |
| Alternative | +$43.09M | +$877.51M | +$4.17B |
| Multi-Asset | +$36.57M | +$1.32B | +$4.79B |
| Unspecified | +$21.40M | +$52.32M | +$120.66M |
| Currency | -$32.19M | -$68.81M | +$464.88M |
| Non-Traditional | -$106.13M | +$3.50B | +$66.96B |
Top/Bottom Five Category Flows
The following tables highlight the top five categories by net inflow and bottom five by net outflow.
Top 5 Category Inflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Growth | +$685.07M |
| Fixed Income: Taxable – Core | +$616.97M |
| Equity: U.S. Mid Cap – Blend | +$590.01M |
| Fixed Income: Taxable – Corporate | +$481.25M |
| Digital Asset: Cryptocurrency – Bitcoin | +$430.53M |
Bottom 5 Category Outflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Blend | -$740.34M |
| Equity: Region – Eurozone | -$617.24M |
| Equity: Region – Country Specific | -$422.33M |
| Non-Traditional: Leverage | Inverse – Single Stock | -$396.28M |
| Equity: Thematic – Evolving Consumer | -$122.93M |
ETF Issuer Flow Analysis
iShares led issuer inflows with +$1.60B, representing +0.04% of its AUM. SPDR saw the largest net outflows at -$797.89M, or -0.05% of AUM. US Global was the top high-velocity brand, with inflows of +7.69% of its AUM.
Top 5 Brands by Inflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| iShares | $3.87T | +$1.60B | +0.04% |
| Vanguard | $3.70T | +$1.58B | +0.04% |
| Invesco | $779.80B | +$509.27M | +0.07% |
| ProShares | $93.95B | +$301.04M | +0.32% |
| Fidelity | $148.98B | +$270.47M | +0.18% |
Bottom 5 Brands by Outflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| SPDR | $1.77T | -$797.89M | -0.05% |
| Direxion | $58.58B | -$463.15M | -0.78% |
| Defiance | $8.01B | -$443.33M | -5.25% |
| Roundhill | $8.64B | -$61.15M | -0.70% |
| ARK | $16.68B | -$54.80M | -0.33% |
High-Velocity Brands
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| US Global | $993.12M | +$70.92M | +7.69% |
| Defiance | $8.01B | -$443.33M | -5.25% |
Significant Single-Fund Movements
The top fund by inflow was Vanguard S&P 500 ETF (VOO) with +$634.75M, while SPDR S&P 500 ETF Trust (SPY) saw the largest outflow of -$1.75B.
Largest Absolute Daily Flows (Net Flows > $250M)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Inflows | |||
| Vanguard S&P 500 ETF (VOO) | $775.22B | +$634.75M | +0.08% |
| iShares Bitcoin Trust ETF (IBIT) | $99.08B | +$426.20M | +0.43% |
| iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) | $31.95B | +$367.28M | +1.16% |
| Invesco QQQ Trust Series I (QQQ) | $394.37B | +$366.97M | +0.09% |
| SPDR S&P Midcap 400 ETF Trust (MDY) | $23.83B | +$315.40M | +1.34% |
| iShares Core U.S. Aggregate Bond ETF (AGG) | $132.62B | +$290.32M | +0.22% |
| iShares Russell 2000 ETF (IWM) | $69.43B | +$271.26M | +0.39% |
| Outflows | |||
| SPDR S&P 500 ETF Trust (SPY) | $683.35B | -$1.75B | -0.26% |
| iShares Europe ETF (IEV) | $1.61B | -$618.14M | -27.80% |
| iShares MSCI Japan ETF (EWJ) | $15.15B | -$576.99M | -3.67% |
| Technology Select Sector SPDR Fund (XLK) | $93.07B | -$276.12M | -0.30% |
High-Velocity Inflows (AUM > $100M, 1D Flow > +5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Defiance Daily Target 2X Long SOFI ETF (SOFX) | $192.76M | +$86.05M | +80.65% |
| Defiance Daily Target 2X Long RKLB ETF (RKLX) | $251.09M | +$107.17M | +74.47% |
| Defiance Daily Target 2X Long AVGO ETF (AVGX) | $257.39M | +$104.42M | +68.26% |
| Defiance Daily Target 2X Long LLY ETF (LLYX) | $104.28M | +$34.73M | +49.94% |
| Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) | $161.50M | +$41.02M | +34.04% |
| BondBloxx BB-Rated USD High Yield Corporate Bond ETF (XBB) | $420.15M | +$83.21M | +24.70% |
| SPDR S&P Retail ETF (XRT) | $393.12M | +$76.08M | +24.00% |
| Direxion Daily MU Bull 2X Shares (MUU) | $200.76M | +$38.17M | +23.48% |
| T-REX 2X Long BMNR Daily Target ETF (BMNU) | $482.68M | +$75.49M | +18.54% |
| iShares Advantage Large Cap Income ETF (BALI) | $547.43M | +$73.58M | +15.53% |
High-Velocity Outflows (AUM > $100M, 1D Flow > -5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Defiance Daily Target 2x Long OKLO ETF (OKLL) | $150.00M | -$164.10M | -52.24% |
| Defiance Daily Target 2X Long IONQ ETF (IONX) | $156.44M | -$166.43M | -51.55% |
| Defiance Daily Target 2X Long HIMS ETF (HIMZ) | $149.20M | -$157.44M | -51.34% |
| Defiance Daily Target 2X Long RGTI ETF (RGTX) | $177.88M | -$151.20M | -45.95% |
| iShares Aaa-A Rated Corporate Bond ETF (QLTA) | $1.65B | -$159.70M | -8.84% |
| SPDR Russell 1000 Yield Focus ETF (ONEY) | $819.09M | -$73.64M | -8.25% |
| VictoryShares Emerging Markets Value Momentum ETF (UEVM) | $227.74M | -$19.44M | -7.87% |
| GraniteShares 2x Short NVDA Daily ETF (NVD) | $156.67M | -$10.76M | -6.42% |
| Tradr 2X Long ASTS Daily ETF (ASTX) | $131.30M | -$8.64M | -6.17% |
| SGI U.S. Large Cap Core ETF (SGLC) | $100.50M | -$6.48M | -6.06% |
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.
