Vanguard Leads Inflows, Equities See Net Inflows While Fixed Income Retreats

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Issuer League Tables

The U.S. ETF landscape now includes $13,180B in AUM across 4,757 products from 466 issuers. With the adjustment to YieldMax flows, Vanguard takes the top spot for 1-day flows, collecting $2,059M. SPDR followed with $1,709M, and YieldMax moved to third with $1,265M. Schwab experienced the largest 1-day outflows at -$1,357M, with iShares also seeing net redemptions of -$1,341M.

Brand 1-Day Flow 30-Day Flow YTD Flow 1-Year Flow
Inflows
Vanguard $2,059M $50,318M $361.49B $400.74B
SPDR $1,709M $10,116M $65.39B $83.30B
YieldMax $1,265M $244M $15.68B $17.87B
Invesco $944M $4,800M $57.69B $66.23B
First Trust $478M $1,542M $12.75B $14.39B
Outflows
Schwab ($1,357M) $635M $36.83B $44.30B
iShares ($1,341M) $42,068M $302.33B $347.92B
Direxion ($305M) ($8.19B) $419M ($8.11B)
Tuttle Capital ($121M) $0.94B ($71M) $0.93B
VanEck ($96M) ($378M) $2.13B $1.33B

Daily ETF Flow Analysis

Total 1-day net flows for all U.S. listed ETFs amounted to approximately $5.13B. Equity funds led all asset classes with $4.13B in new assets, followed by Commodities with $3.05B. Non-Traditional funds gathered $1.54B. Fixed Income funds experienced the largest outflows, shedding -$1.86B.

Asset Class 1-Day Flow 1-Week Flow 1-Month Flow YTD Flow 1-Year Flow
Equity $4,126M $100,441M $14,470M $692,317M $805,737M
Commodity $3,048M $1,052M $2,023M $48,288M $46,730M
Non-Traditional $1,540M $2,363M $10,834M $82,087M $90,613M
Digital Asset $205M ($3,789M) $36,832M $779M $44,130M
Fixed Income ($1,859M) $41,912M $8,391M $395,046M $414,318M
Category 1-Day Flow AUM
Top 10 Categories
Equity: U.S. Large Cap – Blend $1,228M $3,947.28B
Commodity: Focused – Precious Metals $1,024M $281.51B
Non-Traditional: Synthetic Income – Single Stock $932M $11.29B
Equity: Global Ex-U.S. Large Cap – Blend $723M $901.68B
Equity: U.S. Large Cap – Growth $669M $1,244.23B
Equity: Specialty – Long | Short $491M $3.80B
Non-Traditional: Synthetic Income – Crypto $341M $1.67B
Equity: Global Large Cap – Blend $265M $127.73B
Equity: Sector – Consumer Staples $221M $27.01B
Fixed Income: Taxable – Multisector $212M $47.79B
Bottom 10 Categories
Fixed Income: Taxable – Government Ultrashort ($1,771M) $192.95B
Fixed Income: Taxable – Government Short ($638M) $69.16B
Fixed Income: Taxable – Government Intermediate ($515M) $111.80B
Equity: Sector – Financials ($331M) $96.93B
Fixed Income: Taxable – Corporate ($219M) $163.12B
Equity: Thematic – Multi-Sector ($64M) $25.70B
Equity: Sector Information Technology ($43M) $336.16B
Equity: Sector – Consumer Discretionary ($40M) $34.59B
Fixed Income: Taxable – Long-Term ($23M) $19.51B
Equity: Thematic – Disruptive Tech ($21M) $52.82B

U.S. Size & Style

U.S. Large Cap Blend funds led inflows with $1.23B, followed by Large Cap Growth ($669M) and Large Cap Value ($179M). Small and Mid Cap categories saw mixed but generally positive flows. At the fund level, SPY gathered $782M and DIA added $712M, while IWD saw outflows of -$546M.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
SPY SPDR S&P 500 ETF Trust $782M $696.9B
DIA SPDR Dow Jones Industrial Average ETF Trust $712M $41.6B
VOO Vanguard S&P 500 ETF $481M $818.8B
PWV Invesco Large Cap Value ETF $311M $1.3B
QQQ Invesco QQQ Trust Series I $279M $399.9B
Top 5 Laggards
IWD iShares Russell 1000 Value ETF ($546M) $67.8B
SPYV State Street SPDR Portfolio S&P 500 Value ETF ($361M) $31.2B
RSP Invesco S&P 500 Equal Weight ETF ($310M) $74.8B
USMV iShares MSCI USA Min Vol Factor ETF ($238M) $22.9B
QQQM Invesco NASDAQ 100 ETF ($135M) $69.6B

Global Ex-U.S. Size & Style

International markets saw positive momentum, led by Global Ex-U.S. Large Cap Blend funds which attracted $723M. Value-oriented ex-U.S. strategies also saw inflows of $108M. VXUS was the top fund with $429M in inflows, while outflows in this segment were minimal.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
VXUS Vanguard Total International Stock ETF $429M $113.0B
VT Vanguard Total World Stock ETF $253M $57.9B
VEA Vanguard FTSE Developed Markets ETF $185M $185.3B
DFIV Dimensional International Value ETF $60M $14.8B
DFIC Dimensional International Core Equity 2 ETF $47M $11.3B
Top 5 Laggards
FTHF First Trust Emerging Markets Human Flourishing ETF ($5M) $0.1B
EFAD ProShares MSCI EAFE Dividend Growers ETF ($1M) $0.1B
FPAG FPA Global Equity ETF $0M $0.3B
QUIZ Zacks Quality International ETF $0M $0.0B
KNO AXS Knowledge Leaders ETF $0M $0.0B

Region & Country

Asia-Pacific and Eurozone regions saw modest inflows of $49M and $42M respectively. Country-specific flows were led by EWP (Spain) and FLIN (India). Outflows were minimal across the board in this category.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
EWP iShares MSCI Spain ETF $43M $1.56B
FLIN Franklin FTSE India ETF $31M $2.63B
BBAX JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF $14M $5.46B
CQQQ Invesco China Technology ETF $5M $2.88B
EPHE iShares MSCI Philippines ETF $4M $0.10B
Top 5 Laggards
GLIN VanEck India Growth Leaders ETF ($5M) $0.12B
OEFA ALPS- O’Shares International Developed Quality Dividend ETF ($1M) $0.04B
AAXJ iShares MSCI All Country Asia ex Japan ETF $0M $3.15B
ADVE Matthews Asia Dividend Active ETF $0M $0.01B
AFK VanEck Africa Index ETF $0M $0.09B

Sector & Industry

Consumer Staples led 1-day sector inflows with $221M, followed by Industrials at $123M. Financials saw the largest outflows at -$331M, with XLF shedding -$395M. XLI was the top fund for the day, gathering $292M.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
XLI State Street Industrial Select Sector SPDR ETF $292M $24.1B
PSI Invesco Semiconductors ETF $260M $0.9B
XLP State Street Consumer Staples Select Sector SPDR ETF $218M $15.4B
KRE State Street SPDR S&P Regional Banking ETF $101M $3.5B
IYH iShares U.S. Healthcare ETF $53M $3.6B
Top 5 Laggards
XLF State Street Financial Select Sector SPDR ETF ($395M) $51.5B
SOXX iShares Semiconductor ETF ($134M) $15.9B
SMH VanEck Semiconductor ETF ($123M) $35.1B
EUAD Select STOXX Europe Aerospace & Defense ETF ($121M) $1.0B
FXR First Trust Industrials/Producer Durables AlphaDEX Fund ($51M) $1.7B

Thematic

Disruptive Tech funds saw the strongest inflows at $250M, followed by Natural Resources ($158M). Evolving Consumer and Precious Metals themes saw the most outflows. PKB led individual fund flows with $69M.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
PKB Invesco Building & Construction ETF $69M $0.29B
AMLP Alerian MLP ETF $20M $10.57B
ARKG ARK Genomic Revolution ETF $12M $1.24B
IFRA iShares U.S. Infrastructure ETF $11M $3.16B
NLR VanEck Uranium and Nuclear ETF $10M $3.55B
Top 5 Laggards
FDN First Trust Dow Jones Internet Index Fund ($54M) $6.86B
ARKK ARK Innovation ETF ($52M) $7.68B
IYZ iShares U.S. Telecommunications ETF ($25M) $0.65B
MAGS Roundhill Magnificent Seven ETF ($19M) $3.91B
XT iShares Future Exponential Technologies ETF ($11M) $3.65B

Fixed Income

Fixed Income saw net outflows of -$1.86B, driven heavily by Government bond fund redemptions of -$2.86B. Multi-Sector funds, however, saw strong interest with $916M in inflows. HYG and SPIB led individual fund flows, while SGOV saw major outflows.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
HYG iShares iBoxx $ High Yield Corporate Bond ETF $218M $18.36B
SPIB State Street SPDR Portfolio Intermediate Term Corporate Bond ETF $163M $10.90B
BNDX Vanguard Total International Bond ETF $109M $74.11B
BND Vanguard Total Bond Market ETF $97M $145.01B
BINC iShares Flexible Income Active ETF $93M $14.42B
Top 5 Laggards
SGOV iShares 0-3 Month Treasury Bond ETF ($1,274M) $64.51B
SCHO Schwab Short-Term US Treasury ETF ($606M) $12.37B
SCHR Schwab Intermediate-Term US Treasury ETF ($531M) $12.66B
BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETF ($513M) $43.67B
SCHI Schwab 5-10 Year Corporate Bond ETF ($313M) $10.00B

Commodity

Commodity funds saw strong net inflows of $3.05B, driven almost entirely by the Precious Metals category which added $2.90B. GLD and SLV led the charge. Outflows were negligible across the space.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
GLD SPDR Gold Shares $617M $139.10B
SLV iShares Silver Trust $332M $26.33B
GLDM SPDR Gold Minishares Trust $75M $23.50B
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $21M $4.53B
HGER Harbor Commodity All-Weather Strategy ETF $7M $1.37B
Top 5 Laggards
AAAU Goldman Sachs Physical Gold ETF $0M $2.35B
BAR GraniteShares Gold Shares $0M $1.43B
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF $0M $0.32B
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF $0M $1.97B
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF $0M $0.03B

Digital Assets

Digital Asset funds continued to gather assets, with Bitcoin funds ($113M) and Ethereum funds ($79M) both seeing significant 1-day inflows. ARKB and FBTC were the top two fund-level leaders for the day.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
ARKB ARK 21Shares Bitcoin ETF $88M $3.50B
FBTC Fidelity Wise Origin Bitcoin Fund $77M $17.97B
ETHA iShares Ethereum Trust ETF $68M $11.02B
BITO ProShares Bitcoin ETF $41M $2.35B
GBTC Grayscale Bitcoin Trust ETF $11M $15.06B
Top 5 Laggards
IBIT iShares Bitcoin Trust ETF ($114M) $69.88B
SSK REX-Osprey SOL + Staking ETF ($10M) $0.21B
TSOL 21Shares Solana ETF ($1M) $0.09B
AETH Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF $0M $0.01B
BETE ProShares Bitcoin & Ether Equal Weight ETF $0M $0.01B

Non-Traditional

Non-Traditional funds saw inflows of $1.54B. Synthetic Income products added $1.32B. MRNY was the top fund with $712M in inflows, followed by YBIT with $339M. Leveraged funds like SOXL saw outflows.

Ticker Fund Name 1-Day Flow AUM
Top 5 Leaders
MRNY YieldMax MRNA Option Income Strategy ETF $712M $0.08B
YBIT YieldMax Bitcoin Option Income Strategy ETF $339M $0.09B
XYZY YieldMax XYZ Option Income Strategy ETF $202M $0.05B
QLD ProShares Ultra QQQ $119M $10.51B
SQQQ ProShares UltraPro Short QQQ $89M $2.47B
Top 5 Laggards
SOXL Direxion Daily Semiconductor Bull 3x Shares ($213M) $12.90B
BOIL ProShares Ultra Bloomberg Natural Gas ($48M) $0.43B
TSLL Direxion Daily TSLA Bull 2X Shares ($46M) $6.27B
TNA Direxion Daily Small Cap Bull 3x Shares ($31M) $1.89B
QQQI NEOS Nasdaq 100 High Income ETF ($17M) $6.63B

Recent ETF Launches

Several new funds came to market on November 25th, including GraniteShares’ YieldBoost products and a new Dogecoin ETF from Bitwise. The table below lists the 10 newest funds to market. Click the header above to explore the full ETF database, where you can sort by inception date to see all new funds.

Launch Date Ticker Fund Name Category AUM
11/25/2025 RGYY GraniteShares YieldBoost RGTI ETF Non-Traditional: Synthetic Income – Single Stock $0.00M
11/25/2025 QBY GraniteShares YieldBoost QBTS ETF Non-Traditional: Synthetic Income – Single Stock $0.00M
11/25/2025 OKLS Defiance Daily Target 2X Short OKLO ETF Unclassified $0.00M
11/25/2025 IND Xtrackers Nifty 500 India ETF Equity: Region – Country Specific $5.03M
11/25/2025 BWOW Bitwise Dogecoin ETF Unclassified $2.56M
11/24/2025 YBMN Defiance BMNR Option Income ETF Unclassified $1.27M
11/24/2025 XRPZ Franklin XRP ETF Digital Asset: Cryptocurrency – Altcoin $76.00M
11/24/2025 PBPH Portfolio Building Block World Pharma and Biotech Index ETF Unclassified $0.00M
11/24/2025 PBOG Portfolio Building Block Integrated Oil and Gas and Exploration.. Unclassified $0.00M
11/24/2025 PBEU Portfolio Building Block European Banks Index ETF Unclassified $0.00M

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 1, 2025, and reflects create/redeem activity from Friday, November 28, 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.