iShares Nears $3B in Daily Inflows While Direxion Leads Redemptions

Issuer League Tables

The absolute flow leadership was dominated by iShares and Vanguard, accumulating $2,916M and $1,665M respectively during the daily session. These immediate inflows align with their 1-Year trajectories, where iShares captured $412.10B and Vanguard gathered $453.12B. On the downside, Direxion registered $606M in daily outflows, extending a 1-Month outflow trend of $2,684M. Stacked emerged as the top relative flow leader, adding 7.14% to its $62M asset base. BrandywineGLOBAL experienced the steepest relative contraction, losing 24.43% of its total assets within a single day.

Absolute Flow Leaders & Laggards

Relative Flow Leaders & Laggards

Daily ETF Flow Analysis

Equity ETFs processed the majority of daily allocations with $6,510M in inflows, contributing to a massive $977,468M 1-Year aggregate. Fixed Income products also demonstrated steady accumulation, adding $2,070M for the day and bringing their Year-To-Date flows to $187,048M. Conversely, Commodity and Non-Traditional asset classes experienced net redemptions of $1,084M and $760M, respectively. At the category level, U.S. Large Cap Blend funds led all segments by securing $1,547M in new assets. Leverage/Inverse Equity categories experienced the most acute daily outflows, shedding $991M from their $104.96B aggregate base.

Asset Class Flows

Top/Bottom 10 Category Flows

U.S. Size & Style

The U.S. Size & Style segment exhibited concentration in blend and dividend-oriented funds during the session. The SPYM and SCHD portfolios captured the highest daily inflows, collecting $332M and $291M respectively. These single-day additions pushed SCHD‘s total assets under management to $86.8B. Broad market benchmarks faced concentrated outflows, with QQQ leading the laggards by shedding $641M. Similarly, the IVV core S&P 500 tracker recorded $547M in daily redemptions from its $748.0B base.

Size & Style ex-U.S.

International equity flows showed preference for broad global exposure alongside developed market allocations. The VT global portfolio secured $290M in fresh capital, expanding its base to $66.6B. Ex-U.S. benchmark ACWX followed with $159M in daily accumulations. Redemptions in the international category were relatively muted but concentrated in specialized segments. The SDIV dividend strategy led outflows with a $16M contraction, while LVHI and RW registered nominal $1M exits.

Sector & Industry

Information Technology and Industrial sector funds absorbed the highest capital allocations for the day. Semiconductor tracking SOXX attracted $568M, while the XLI industrial portfolio gained $250M. The SMH semiconductor fund supplemented tech-focused inflows with a $258M daily addition. Conversely, software and financial sectors faced the heaviest liquidations across the industry group. The IGV software fund posted a $433M outflow, and the VFH financial portfolio contracted by $116M.

Region & Country

Single-country allocations heavily favored Latin American and Japanese equity markets during the trading session. The EWZ Brazil fund captured $107M, elevating its total assets to $10.48B. Japanese exposure through FLJP and BBJP secured $90M and $86M, respectively. Outflows were concentrated in competing Asian market exposures, particularly Singapore and broader Japan trackers. The EWS and EWJ portfolios led regional liquidations, experiencing outflows of $81M and $79M.

Thematic

Disruptive technology and infrastructure categories guided the thematic flow environment for the day. The DRAM memory strategy recorded $177M in new assets, while the GRID infrastructure fund collected $176M. The XME metals and mining portfolio also demonstrated robust activity with a $101M daily intake. Capital exited several prominent thematic benchmarks, led by the CHAT generative AI fund which lost $66M. Construction and broad innovation strategies faced similar pressure, as ITB and ARKK shed $52M and $45M respectively.

Fixed Income

Corporate credit exposures across the investment-grade and high-yield spectrum dominated fixed income allocations. The LQD corporate bond fund captured $897M in daily flows, lifting its total assets to $32.00B. Short-term corporate tracking VCSH followed closely, gathering $444M in new capital. Treasury and government debt instruments registered the sharpest declines during the session. The IEF 7-10 Year Treasury fund lost $668M, while the BIL 1-3 Month T-Bill strategy contracted by $583M.

Commodity

Commodity flows displayed a strong divergence between narrow allocations and broad-based or precious metals liquidations. The IAU gold trust recorded a modest $58M inflow against a vast $73.78B asset base. Oil and natural gas exposures through USO and UNG collected $38M and $13M, respectively. In contrast, the GLD gold shares portfolio experienced a massive $481M redemption. Broad commodity strategies also faced pressure, with the PDBC diversified fund shedding $453M.

Cryptocurrency

Spot Bitcoin and Ethereum products processed the bulk of digital asset activity during the daily session. The IBIT Bitcoin trust secured $269M in new capital, solidifying its $56.80B asset base. Ethereum tracking ETHA followed with $91M in accumulations. Digital asset outflows were fractional compared to the aggregate category inflows. The FETH fund led cryptocurrency redemptions with $21M in exits, while TETH and BITO posted negligible outflows of $6M and $3M.

Non-Traditional

Leveraged and inverse structures processing specialized daily exposure defined the non-traditional category flows. The SOXS inverse semiconductor strategy led accumulations with a $292M daily intake. The SPXL leveraged S&P 500 fund accompanied this activity, adding $200M to its $5.44B base. Conversely, extreme redemptions occurred in opposing leveraged semiconductor exposures. The SOXL bullish semiconductor fund registered $1,019M in daily outflows, while the TQQQ leveraged Nasdaq strategy lost $333M.

Recent Launches

The ETF market continued to expand its product offerings with ten new listings executing over the past two days. Buffer strategies and specialized equity exposures represented the majority of these recent market entrants. The JHDG hedged equity fund debuted with the strongest initial capital base, launching with $60.36M in assets. The BCEM emerging markets strategy followed with a $4.98M initial allocation. FT Vest accounted for three distinct laddered buffer launches on April 7, 2026, each securing approximately $1M in starting assets.