Issuer League Tables
The U.S. ETF landscape currently manages $13,567B in AUM across 4,853 products from 473 issuers. Vanguard led recent 1-day flows with $4,414M, reinforcing its massive YTD intake of $318.99B. BlackRock (iShares) followed with $2,692M, while Invesco gathered $468M. On the other end of the spectrum, State Street (SPDR) experienced the sharpest redemptions, seeing $4,076M exit its suite, primarily driven by large-cap equity fund activity.
| Brand | 1-Day Flow | 30-Day Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|
| Inflows | ||||
| Vanguard | $4,414M | $48,012M | $318,989M | $322,763M |
| iShares | $2,692M | $71,061M | $449,178M | $452,709M |
| Invesco | $468M | $6,108M | $102,968M | $105,718M |
| Fidelity | $397M | $5,096M | $51,029M | $51,607M |
| Morgan Stanley | $239M | $1,440M | $6,446M | $6,583M |
| Outflows | ||||
| SPDR | ($4,076M) | $31,180M | $209,796M | $214,024M |
| Charles Schwab | ($232M) | $3,939M | $32,019M | $32,499M |
| PIMCO | ($225M) | $810M | $8,127M | $8,085M |
| T. Rowe Price | ($221M) | $299M | $3,439M | $3,456M |
| ProShares | ($216M) | $3,959M | $21,392M | $21,507M |
Daily ETF Flow Analysis
Total 1-day net flows for U.S. listed ETFs reached $13,446M. Equity was the primary driver of growth, attracting $16,681M in new capital, while Fixed Income saw a significant reversal with -$5,139M in net outflows. Commodity and Non-Traditional funds also posted gains of $428M and $1,155M respectively. Despite the negative day for bonds, Fixed Income remains strongly positive on a YTD basis with $349.8B in inflows.
| Asset Class | 1-Day Flow | 1-Week Flow | 1-Month Flow | YTD Flow | 1-Year Flow |
|---|---|---|---|---|---|
| Equity | $16,681M | ($15,883M) | $146,288M | $831,768M | $851,323M |
| Non-Traditional | $1,155M | $3,227M | $14,705M | $146,211M | $146,819M |
| Commodity | $428M | $3,091M | $9,185M | $56,126M | $56,286M |
| Digital Asset | $213M | $328M | $11,889M | $62,246M | $62,563M |
| Multi-Asset | $61M | $157M | $759M | $6,978M | $7,164M |
| Alternative | $47M | $7M | $476M | $4,142M | $4,097M |
| Currency | $0M | $0M | $11M | $1,993M | $1,998M |
| Fixed Income | ($5,139M) | $10,483M | $17,133M | $349,796M | $354,547M |
| Category | 1-Day Flow | AUM |
|---|---|---|
| Top 10 Categories | ||
| Large Cap Blend | $13,594M | $5,193B |
| Synthetic Income | $901M | $105B |
| Developed Markets ex-U.S. | $711M | $1,043B |
| Commodities: Broad | $416M | $23B |
| Intermediate-Term Government | $249M | $124B |
| Japan | $239M | $87B |
| Ethereum | $213M | $15B |
| Financials | $210M | $139B |
| Small Cap Growth | $199M | $119B |
| Mid Cap Value | $173M | $130B |
| Bottom 10 Categories | ||
| Intermediate-Term Corporate | ($2,875M) | $235B |
| Large Cap Growth | ($2,569M) | $1,368B |
| Intermediate-Term Bond | ($1,885M) | $273B |
| Ultra-Short-Term Bond | ($1,034M) | $166B |
| Large Cap Value | ($816M) | $825B |
| Aggregate Bond | ($586M) | $439B |
| Leveraged – Inverse | ($488M) | $120B |
| Mid Cap Blend | ($293M) | $421B |
| Communication Services | ($206M) | $50B |
| Small Cap Blend | ($188M) | $417B |
U.S. Size & Style
Large Cap Blend dominated equity flows, pulling in a massive $13.59B, led by significant creation activity in core index funds. In contrast, Large Cap Growth saw redemptions of -$2.57B, while U.S. Mid Cap Blend and Small Cap Blend also faced headwinds. At the fund level, VOO ($3,728M) and IVV ($2,279M) were the clear leaders, while QQQ saw the largest outflows at -$1,939M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| VOO | Vanguard S&P 500 ETF | $3,728M | $689B |
| IVV | iShares Core S&P 500 ETF | $2,279M | $594B |
| SPY | SPDR S&P 500 ETF Trust | $1,194M | $653B |
| VTI | Vanguard Total Stock Market ETF | $493M | $482B |
| IWB | iShares Russell 1000 ETF | $452M | $44B |
| Top 5 Laggards | |||
| QQQ | Invesco QQQ Trust, Series 1 | ($1,939M) | $346B |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | ($507M) | $35B |
| IWD | iShares Russell 1000 Value ETF | ($482M) | $64B |
| SCHD | Schwab US Dividend Equity ETF | ($262M) | $68B |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | ($195M) | $10B |
Global Ex-U.S. Size & Style
Developed ex-U.S. funds saw net positive interest, gaining $711M. Global ex-U.S. funds added $153M, while Emerging Markets slightly trailed with -$14M in outflows. Flow leaders were led by IEFA ($257M) and VEA ($156M), whereas EFA shed -$170M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IEFA | iShares Core MSCI EAFE ETF | $257M | $133B |
| VEA | Vanguard FTSE Developed Markets ETF | $156M | $147B |
| VXUS | Vanguard Total International Stock ETF | $85M | $84B |
| VWO | Vanguard FTSE Emerging Markets ETF | $76M | $93B |
| IDEV | iShares Core MSCI International Developed Markets ETF | $62M | $21B |
| Top 5 Laggards | |||
| EFA | iShares MSCI EAFE ETF | ($170M) | $54B |
| EMXC | iShares MSCI Emerging Markets ex China ETF | ($156M) | $22B |
| IEMG | iShares Core MSCI Emerging Markets ETF | ($95M) | $91B |
| SCZ | iShares MSCI EAFE Small-Cap ETF | ($60M) | $13B |
| IXUS | iShares Core MSCI Total International Stock ETF | ($50M) | $46B |
Region & Country
International regional allocation was active, with Japan funds leading with $239M in inflows. Europe saw modest net gains ($35M), while Mexico funds faced notable redemptions (-$54M). DXJ ($162M) and EWJ ($82M) stood out as the primary beneficiaries of Japan interest.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| DXJ | WisdomTree Japan Hedged Equity Fund | $162M | $6B |
| EWJ | iShares MSCI Japan ETF | $82M | $15B |
| BBEU | JPMorgan BetaBuilders Europe ETF | $76M | $12B |
| VGK | Vanguard FTSE Europe ETF | $55M | $23B |
| BBJP | JPMorgan BetaBuilders Japan ETF | $24M | $10B |
| Top 5 Laggards | |||
| EWW | iShares MSCI Mexico ETF | ($54M) | $1B |
| EWC | iShares MSCI Canada ETF | ($46M) | $4B |
| INDA | iShares MSCI India ETF | ($37M) | $12B |
| EWT | iShares MSCI Taiwan ETF | ($36M) | $6B |
| FXI | iShares China Large-Cap ETF | ($30M) | $9B |
Sector & Industry
Sector activity was highlighted by Financials, which saw $210M in inflows. Industrials ($113M) and Consumer Discretionary ($43M) also saw positive traction. Conversely, Communication Services was the hardest hit sector, losing -$206M. XLF ($188M) and XLI ($132M) were the top fund leaders, while XLC faced redemptions of -$202M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| XLF | Financial Select Sector SPDR Fund | $188M | $45B |
| XLI | Industrial Select Sector SPDR Fund | $132M | $21B |
| IYG | iShares US Financial Services ETF | $88M | $3B |
| FTEC | Fidelity MSCI Information Technology Index ETF | $66M | $14B |
| XLU | Utilities Select Sector SPDR Fund | $61M | $18B |
| Top 5 Laggards | |||
| XLC | Communication Services Select Sector SPDR Fund | ($202M) | $22B |
| XLK | Technology Select Sector SPDR Fund | ($123M) | $74B |
| VGT | Vanguard Information Technology ETF | ($109M) | $75B |
| SMH | VanEck Semiconductor ETF | ($77M) | $26B |
| XLB | Materials Select Sector SPDR Fund | ($46M) | $6B |
Thematic
Thematic equity flows were relatively muted, but Infrastructure saw the most interest with $82M in inflows. Conversely, Artificial Intelligence themes saw outflows of -$52M. IGV ($103M) and PAVE ($51M) led the thematic leaderboard, while BOTZ shed -$54M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| IGV | iShares Expanded Tech-Software Sector ETF | $103M | $7B |
| PAVE | Global X US Infrastructure Development ETF | $51M | $8B |
| BUG | Global X Cybersecurity ETF | $32M | $1B |
| FIW | First Trust Water ETF | $21M | $1B |
| GRID | First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index Fund | $19M | $1B |
| Top 5 Laggards | |||
| BOTZ | Global X Robotics & Artificial Intelligence ETF | ($54M) | $2B |
| LIT | Global X Lithium & Battery Tech ETF | ($26M) | $1B |
| METV | Roundhill Metaverse ETF | ($16M) | $0.4B |
| SUSA | iShares MSCI USA ESG Select ETF | ($15M) | $4B |
| URA | Global X Uranium ETF | ($12M) | $3B |
Fixed Income
Fixed Income faced a challenging day with -$5,139M in net outflows. Corporate bonds were the primary source of weakness, shedding -$2,374M, while Government funds also saw redemptions of -$232M. On a duration basis, Intermediate funds lost -$5,654M. GOVT ($239M) and VGSH ($196M) were rare bright spots, whereas LQD and BND saw the heaviest redemptions at -$2,416M and -$1,357M respectively.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| GOVT | iShares US Treasury Bond ETF | $239M | $29B |
| VGSH | Vanguard Short-Term Treasury ETF | $196M | $23B |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | $185M | $46B |
| VCSH | Vanguard Short-Term Corporate Bond ETF | $161M | $40B |
| IGIB | iShares IBonds 1-5 Year Corporate Bond ETF | $128M | $15B |
| Top 5 Laggards | |||
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | ($2,416M) | $33B |
| BND | Vanguard Total Bond Market ETF | ($1,357M) | $119B |
| MINT | PIMCO Enhanced Short Maturity Active ETF | ($413M) | $8B |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | ($383M) | $23B |
| NEAR | iShares Short Maturity Bond ETF | ($310M) | $3B |
Commodity
Commodity funds saw a net increase of $428M, primarily fueled by broad-based products ($416M). Precious Metals remained flat for the day. PDBC led individual fund flows with $405M, while SLV saw outflows of -$48M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | $405M | $6B |
| GLDM | SPDR Gold MiniShares Trust | $26M | $8B |
| GLD | SPDR Gold Shares | $12M | $75B |
| IAU | iShares Gold Trust | $10M | $34B |
| SGOL | abrdn Physical Gold Shares ETF | $8M | $3B |
| Top 5 Laggards | |||
| SLV | iShares Silver Trust | ($48M) | $13B |
| DBC | Invesco DB Commodity Index Tracking Fund | ($10M) | $1B |
| UNG | United States Natural Gas Fund LP | ($4M) | $0.7B |
| PPLT | abrdn Physical Platinum Shares ETF | ($3M) | $1B |
| PALL | abrdn Physical Palladium Shares ETF | ($2M) | $0.2B |
Digital Assets
Digital asset sentiment remained robust, particularly within Ethereum funds which pulled in $213M. Bitcoin funds were flat for the day. ETHA ($103M) and FETH ($64M) led the inflow list for the crypto space.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| ETHA | iShares Ethereum Trust ETF | $103M | $2B |
| FETH | Fidelity Ethereum Fund | $64M | $1B |
| ETHV | VanEck Ethereum ETF | $21M | $0.3B |
| EZET | Franklin Ethereum ETF | $15M | $0.1B |
| IBIT | iShares Bitcoin Trust ETF | $8M | $52B |
| Top 5 Laggards | |||
| FBTC | Fidelity Wise Origin Bitcoin Fund | ($6M) | $17B |
| BITB | Bitwise Bitcoin ETF Trust | ($4M) | $4B |
| ARKB | ARK 21Shares Bitcoin ETF | ($3M) | $4B |
| ETHW | Bitwise Ethereum ETF | ($2M) | $0.4B |
| CETH | 21Shares Core Ethereum ETF | ($1M) | $0.1B |
Non-Traditional
Non-Traditional funds saw substantial inflows of $1,155M. Growth was primarily concentrated in Synthetic Income products ($901M) and Buffer ETFs ($703M), while Leveraged and Inverse funds saw net redemptions of -$488M. MSTY ($306M) and NVDY ($153M) led inflows, whereas TQQQ shed -$339M.
| Ticker | Fund Name | 1-Day Flow | AUM |
|---|---|---|---|
| Top 5 Leaders | |||
| MSTY | YieldMax MSTR Option Income Strategy ETF | $306M | $3.5B |
| NVDY | YieldMax NVDA Option Income Strategy ETF | $153M | $2.0B |
| CONY | YieldMax COIN Option Income Strategy ETF | $128M | $1.5B |
| JEPI | JPMorgan Equity Premium Income ETF | $95M | $38B |
| PNOV | Innovator US Equity Power Buffer ETF – November | $82M | $1B |
| Top 5 Laggards | |||
| TQQQ | ProShares UltraPro QQQ | ($339M) | $28B |
| SOXS | Direxion Daily Semiconductor Bear 3X Shares | ($123M) | $1.5B |
| SQQQ | ProShares UltraPro Short QQQ | ($109M) | $2.5B |
| SPXS | Direxion Daily S&P 500 Bear 3X Shares | ($85M) | $1B |
| TSLL | Direxion Daily TSLA Bull 2X Shares | ($76M) | $1.5B |
Recent ETF Launches
Innovation continues at a rapid pace with over 1,141 new funds launched YTD. The recent debut of the WBIT from WisdomTree and CBTC from Canary highlight the expansion of digital asset offerings. Click the header above to explore the full ETF database and filter by inception date for the most current entries.
| Launch Date | Ticker | Fund Name | Category | AUM |
|---|---|---|---|---|
| 12/26/2025 | WBIT | WisdomTree Bitcoin Fund | Bitcoin | $0.0M |
| 12/24/2025 | CBTC | Canary Bitcoin ETF | Bitcoin | $0.0M |
| 12/24/2025 | IBIT3 | Leverage Shares 3x Long iShares Bitcoin Trust ETP | Leveraged – Inverse | $0.0M |
| 12/24/2025 | SBIT3 | Leverage Shares 3x Short iShares Bitcoin Trust ETP | Leveraged – Inverse | $0.0M |
| 12/19/2025 | LSTP | BondBloxx Laddered Short-Term Bond ETF | Short-Term Bond | $5.0M |
| 12/19/2025 | CDEC | Innovator US Equity Cash Stacker ETF – December | Buffered | $1.8M |
| 12/19/2025 | NDEC | Innovator Nasdaq-100 Cash Stacker ETF – December | Buffered | $0.0M |
| 12/18/2025 | GSOL | Grayscale Solana Trust | Altcoin | $108.6M |
| 12/18/2025 | KGRO | KraneShares Global Growth ETF | Global Growth | $2.5M |
| 12/18/2025 | KVAL | KraneShares Global Value ETF | Global Value | $2.5M |
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 26, 2025, and reflects create/redeem activity from Thursday, December 25, 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.
