SPDR Tops Daily Inflows as Industry AUM Hits $13.5T

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Issuer League Tables

The U.S. ETF landscape now includes $13,546B in AUM across 4,853 products from 474 issuers. SPDR led 1-day flows, collecting $4,961M, followed by Vanguard with $3,832M and iShares with $3,777M. On the other end of the spectrum, Xtrackers saw the largest 1-day outflows at -$339M, followed by ProShares with -$146M.

Brand 1-Day Flow 30-Day Flow YTD Flow 1-Year Flow
Inflows
SPDR $4,961M $23,719M $87.32B $92.61B
Vanguard $3,832M $59,000M $418.43B $421.33B
iShares $3,777M $71,744M $377.02B $379.58B
Schwab $1,202M $7,077M $45.26B $45.51B
Invesco $961M $10,811M $69.73B $73.10B
Outflows
Xtrackers ($339M) ($21M) $0.49B $0.49B
ProShares ($146M) $169M $2.75B $2.63B
Direxion ($141M) ($3,063M) ($10.94B) ($10.72B)
Roundhill ($108M) ($34M) $6.23B $6.23B
US Commodity Funds ($80M) ($99M) ($0.02B) ($0.17B)

Daily ETF Flow Analysis

Total 1-day net flows for all U.S. listed ETFs amounted to $17.29B. Equity led all asset classes with $12.41B in new assets, followed by Fixed Income funds which gathered $3.60B. Non-Traditional funds also saw inflows of $713M. Digital Asset funds saw the largest outflows for the day, shedding -$30M, followed by Alternative funds with -$32M.

Asset Class 1-Day Flow 1-Week Flow 1-Month Flow YTD Flow 1-Year Flow
Equity $12,407M $45,490M $162,995M $851,141M $865,438M
Fixed Income $3,601M $11,180M $40,876M $442,866M $441,682M
Non-Traditional $713M ($593M) $7,625M $88,229M $88,772M
Commodity $567M $9,409M $1,219M $56,638M $56,552M
Multi-Asset $64M $210M $892M $7,083M $7,117M
Currency $3M ($49M) $14M $548M $550M
Digital Asset ($30M) ($828M) ($908M) $35,747M $35,274M
Alternative ($32M) $404M $6M $4,058M $4,055M
Category 1-Day Flow AUM
Top 10 Categories
Equity: U.S. Large Cap – Blend $8,422M $4,069.16B
Equity: U.S. Large Cap – Growth $1,741M $1,271.05B
Equity: U.S. Large Cap – Value $791M $911.41B
Equity: Global Ex-U.S. Large Cap – Blend $714M $938.45B
Commodity: Focused – Precious Metals $614M $316.65B
Fixed Income: Taxable – Core $583M $382.99B
Non-Traditional: Leverage | Inverse – Single Stock $564M $28.52B
Fixed Income: Taxable – Government Intermediate $540M $112.32B
Fixed Income: Taxable – Government Short $529M $69.53B
Fixed Income: Taxable – Government Ultrashort $469M $196.04B
Bottom 10 Categories
Equity: Sector – Financials ($745M) $101.41B
Equity: Sector – Health Care ($343M) $97.37B
Non-Traditional: Leverage | Inverse – Equity ($290M) $111.85B
Equity: Thematic – Disruptive Tech ($99M) $54.21B
Commodity: Focused – Energy ($97M) $2.08B
Equity: Sector – Consumer Discretionary ($74M) $36.43B
Equity: Region – Asia-Pacific ($45M) $10.90B
Equity: Sector – Utilities ($37M) $37.70B
Equity: Sector – Energy ($35M) $44.36B
Non-Traditional: Synthetic Income – Single Stock ($28M) $10.37B

U.S. Size & Style

Within U.S. equities, Large Cap Blend funds dominated, pulling in $8.42B. Large Cap Growth funds followed with $1.74B in inflows, while Large Cap Value added $791M. U.S. Small Cap Blend funds also saw positive action with $152M in net inflows. At the fund level, SPY ($5.50B) and VOO ($1.77B) were the clear flow leaders, while USCL (-$359M) and USCA (-$357M) saw the largest redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SPY SPDR S&P 500 ETF Trust $5,502M $719.4B
VOO Vanguard S&P 500 ETF $1,768M $840.1B
IVV iShares Core S&P 500 ETF $794M $766.8B
QQQ Invesco QQQ Trust Series I $559M $410.1B
PDP Invesco Dorsey Wright Momentum ETF $364M $1.7B
Top 5 Laggards
USCL iShares Climate Conscious & Transition MSCI USA ETF ($359M) $2.3B
USCA Xtrackers MSCI USA Climate Action Equity ETF ($357M) $2.9B
RSP Invesco S&P 500 Equal Weight ETF ($21M) $75.9B
IJR iShares Core S&P Small Cap ETF ($18M) $89.8B
DSPY Tema S&P 500 Historical Weight ETF Strategy ($15M) $0.8B

Global Ex-U.S. Size & Style

Global Ex-U.S. funds saw net positive flows, led by the Developed Ex-U.S. category which gathered $714M. Emerging Market Large Cap funds also saw inflows of $138M. Fund-level activity was topped by VEA ($440M) and EFA ($231M).

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
VEA Vanguard FTSE Developed Markets ETF $440M $193.9B
EFA iShares MSCI EAFE ETF $231M $70.6B
AVEM Avantis Emerging Markets Equity ETF $88M $16.0B
URTH iShares MSCI World ETF $75M $6.8B
IDMO Invesco S&P International Developed Momentum ETF $64M $2.4B
Top 5 Laggards
GSID Marketbeta INTL Equity ETF ($7M) $1.0B
BINV Brandes International ETF ($4M) $0.4B
TOLL Tema Durable Quality ETF ($3M) $0.1B
AVNV Avantis All International Markets Value ETF ($1M) $0.0B
CDIG City Different Investments Global Equity ETF $0M $0.0B

Region & Country

Region-specific funds saw modest inflows, led by the Eurozone category ($192M) and Latin America ($87M). Asia-Pacific funds also added $52M. At the fund level, EZU ($96M) was the clear leader, while VPL (-$45M) and CQQQ (-$26M) were the top laggards.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
EZU iShares MSCI Eurozone ETF $96M $8.90B
EWZ iShares MSCI Brazil ETF $94M $6.59B
FEZ SPDR EURO STOXX 50 ETF $93M $4.99B
EWC iShares MSCI Canada ETF $43M $3.87B
FLJP Franklin FTSE Japan ETF $42M $2.56B
Top 5 Laggards
VPL Vanguard FTSE Pacific ETF ($45M) $8.57B
CQQQ Invesco China Technology ETF ($26M) $2.80B
ARGT Global X MSCI Argentina ETF ($8M) $0.76B
ECNS iShares MSCI China Small-Cap ETF ($7M) $0.09B
KWEB KraneShares CSI China Internet ETF ($1M) $7.97B

Sector & Industry

On a sector basis, Real Estate led with $50M in 1-day flows, followed by Industrials at $32M. Financials saw the largest outflows at -$745M, followed by Health Care (-$343M). SMH ($255M) was the top fund-level leader, while XLF (-$764M) was the top laggard.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SMH VanEck Semiconductor ETF $255M $37.7B
PPH VanEck Pharmaceutical ETF $83M $1.3B
VNQ Vanguard Real Estate ETF $46M $34.1B
IYR iShares U.S. Real Estate ETF $43M $4.4B
PRN Invesco Dorsey Wright Industrials Momentum ETF $37M $0.3B
Top 5 Laggards
XLF State Street Financial Select Sector SPDR ETF ($764M) $53.4B
XBI State Street SPDR S&P Biotech ETF ($191M) $8.2B
XLK State Street Technology Select Sector SPDR ETF ($124M) $93.8B
VHT Vanguard Health Care ETF ($123M) $17.5B
VGT Vanguard Information Technology ETF ($113M) $114.3B

Thematic

Thematic funds were led by the Infrastructure category, which gathered $261M. Precious Metals ($184M) and Natural Resources ($127M) also saw inflows. In contrast, Evolving Consumer funds saw the largest outflows at -$138M. The THRO ($243M) and SIL ($70M) ETFs led fund-level inflows, while MAGS (-$103M) saw the largest redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
THRO iShares U.S. Thematic Rotation Active ETF $243M $7.38B
SIL Global X Silver Miners ETF $70M $5.03B
SHLD Global X Defense Tech ETF $63M $5.18B
PICK iShares MSCI Global Metals & Mining Producers ETF $48M $1.20B
SILJ Amplify Junior Silver Miners ETF $38M $3.89B
Top 5 Laggards
MAGS Roundhill Magnificent Seven ETF ($103M) $4.03B
XOVR ERShares Private-Public Crossover ETF ($79M) $1.53B
ARKK ARK Innovation ETF ($35M) $7.29B
XME State Street SPDR S&P Metals & Mining ETF ($11M) $3.49B
TIME Clockwise U.S. Core Equity ETF ($8M) $0.01B

Fixed Income

Fixed Income funds saw net inflows across most categories. By type, Multi-Sector led with $5.03B, followed by Government ($1.82B) and Corporate ($305M). By duration, Intermediate funds gathered $1.90B, while Ultrashort duration funds added $651M. SCHO ($480M) and SCHR ($430M) were the top individual fund leaders.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SCHO Schwab Short-Term US Treasury ETF $480M $12.36B
SCHR Schwab Intermediate-Term US Treasury ETF $430M $12.63B
SGOV iShares 0-3 Month Treasury Bond ETF $391M $68.35B
BNDX Vanguard Total International Bond ETF $312M $74.25B
BND Vanguard Total Bond Market ETF $282M $146.53B
Top 5 Laggards
GSY Invesco Ultra Short Duration ETF ($201M) $3.24B
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF ($78M) $30.29B
HYG iShares iBoxx $ High Yield Corporate Bond ETF ($72M) $20.01B
USFR WisdomTree Floating Rate Treasury Fund ($62M) $16.37B
AGGH Simplify Aggregate Bond ETF ($33M) $0.30B

Commodity

Commodity funds experienced net inflows, driven by the Precious Metals category, which gained $614M. Energy saw the largest outflows at -$97M. Fund-level activity was led by SLV ($359M) and IAUM ($91M), while USO (-$84M) drove the outflows.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SLV iShares Silver Trust $359M $39.48B
IAUM iShares Gold Trust Micro ETF of Benef Interest $91M $6.07B
PPLT abrdn Physical Platinum Shares ETF $59M $3.08B
IAU iShares Gold Trust $37M $68.84B
PLTM GraniteShares Platinum Trust $27M $0.25B
Top 5 Laggards
USO United States Oil Fund LP ($84M) $0.91B
UNG United States Natural Gas Fund LP ($12M) $0.63B
KCCA KraneShares California Carbon Allowance Strategy ETF ($3M) $0.11B
COMT iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF ($2M) $0.62B
USL United States 12 Month Oil Fund LP ($2M) $0.04B

Digital Assets

Digital Asset funds saw outflows, with Bitcoin funds (-$638M) and Ethereum funds (-$515M) seeing significant 1-day redemptions. Altcoin funds were positive with $11M. FBTC ($6M) and XRP ($5M) were the top two fund-level leaders for the day.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
FBTC Fidelity Wise Origin Bitcoin Fund $6M $17.57B
XRP Bitwise XRP ETF $5M $0.23B
FETH Fidelity Ethereum Fund ETF $4M $2.18B
XRPZ Franklin XRP ETF $3M $0.21B
GXRP Grayscale XRP Trust ETF $1M $0.23B
Top 5 Laggards
ETHA iShares Ethereum Trust ETF ($13M) $10.18B
EETH ProShares Ether ETF ($11M) $0.08B
BTCO Invesco Galaxy Bitcoin ETF ($10M) $0.54B
IBIT iShares Bitcoin Trust ETF ($8M) $67.17B
ARKB ARK 21Shares Bitcoin ETF ($7M) $3.26B

Non-Traditional

Non-Traditional funds saw strong inflows of $713M, led by Synthetic Income products which added $331M. Leverage | Inverse funds followed with $312M in net inflows. At the fund level, the leveraged UNHG ($186M) and covered call JEPQ ($160M) led inflows, while the leveraged TQQQ (-$123M) and SOXL (-$66M) saw the largest redemptions.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
UNHG Leverage Shares 2X Long UNH Daily ETF $186M $0.37B
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $160M $32.92B
HOOG Leverage Shares 2X Long HOOD Daily ETF $142M $0.22B
ZSL ProShares UltraShort Silver $111M $0.26B
TSLR GraniteShares 2x Long TSLA Daily ETF $93M $0.36B
Top 5 Laggards
TQQQ ProShares UltraPro QQQ ($123M) $30.49B
SOXL Direxion Daily Semiconductor Bull 3x Shares ($66M) $13.23B
NVDL GraniteShares 2x Long NVDA Daily ETF ($43M) $4.90B
QLD ProShares Ultra QQQ ($32M) $10.95B
UPRO ProShares UltraPro S&P500 ($30M) $4.83B

Recent ETF Launches

The XEML ETF from Xtrackers was one of the most recent funds 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 $5.04M
12/23/2025 TMLP Tortoise MLP ETF Equity: Thematic – Midstream & MLPs $37.08M
12/23/2025 TKNQ Amplify Tokenization Technology ETF Equity: Thematic – FinTech $0.50M
12/23/2025 STBQ Amplify Stablecoin Technology ETF Equity: Thematic – FinTech $0.51M
12/23/2025 PIEL Pacer International Export Leaders ETF Equity: Global Ex-U.S. Large Cap – Blend $1.01M
12/22/2025 VGRO Virtus Silvant Growth Opportunities ETF Equity: U.S. Large Cap – Growth $2.53M
12/22/2025 AOTS AOT Software Platform ETF Equity: Thematic – Disruptive Tech $1.51M
12/19/2025 OBTC Osprey Bitcoin Trust Digital Asset: Cryptocurrency – Bitcoin $139.62M
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 $217.08M

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 30, 2025, and reflects create/redeem activity from Monday, December 29, 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.