Asia-Pacific and Tech Win the Day as Eurozone and Industrial ETFs Laggard

Issuer League Tables

Daily asset movements highlight ARK as the absolute leader with $5,126M in daily inflows (this flagged as a likely rebalance trade or heartbeat trade), driving its assets to $21.24B. Vanguard and Capital Group followed, drawing $3,595M and $1,354M in daily net positive flows, respectively. Conversely, FT Vest trailed the market with an absolute daily loss of $1,200M, while JPMorgan recorded daily outflows of $232M. On a relative basis, ARK saw an extreme 24.13% single-day expansion of its asset base. Meanwhile, T-Rex and Leverage Shares experienced daily contractions of 4.12% and 3.60% relative to their total assets.

Issuer Flows (Absolute)

Issuer Flows (Relative to AUM)

Daily ETF Flow Analysis

Total ETF market inflows reached $15,305M for the session, boosting total year-to-date flows to $740,761M across $15,444.9B in total assets. Equity funds led all broad asset classes with $12,883M in daily net creations, pacing well ahead of the $3,575M directed into Fixed Income. Non-Traditional funds lagged the broader market, losing $1,260M over the single trading day despite maintaining $26,954M in year-to-date inflows. At the category level, Thematic – Multi-Sector funds captured $4,935M, leading the day’s intake. Buffer – Equity products experienced the heaviest daily redemptions, surrendering $1,159M.

Asset Class Flows

Top/Bottom 10 Category Flows

U.S. Size & Style

Large Cap Blend dominated the U.S. Size & Style segment, heavily influencing the day’s leaders. The SPY captured the top spot with $2,094M in daily inflows, closely followed by VOO at $1,500M. The QQQM also saw notable daily growth, absorbing $569M. On the negative side, DIA suffered the largest contraction with $1,002M in outflows. IWM and RSP rounded out the laggards, losing $583M and $324M respectively.

Size & Style ex-U.S.

International size and style flows displayed modest daily activity relative to domestic counterparts. AVEM secured the top position with $52M in daily net creations. DFIV trailed closely behind, adding $44M to its asset base. Daily outflows were minimal, with IOO dropping $21M to lead the laggards. GMOI and GVAL shed $13M and $11M respectively.

Sector & Industry

The Information Technology sector commanded the bulk of single-day flows with $917M in net creations. SMH absorbed $954M, pacing the industry inflows. IGV and XLV took the second and third positions, attracting $186M and $117M. Conversely, the Industrial sector faced total category outflows of $302M. This headwind was reflected in individual laggards, where XLI and SOXX relinquished $262M and $238M.

Region & Country

Asia-Pacific emerged as the only positive region for the day with $115M in net inflows, contrasting heavily with the Eurozone’s $234M in outflows. KWEB dominated single-country funds, gaining $372M. CQQQ also experienced strong daily demand, bringing in $126M. Regional laggards were led by EWY, which shed $290M. EZU and VPL experienced daily losses of $155M and $125M, continuing the one-month outflow trend for European and broader Pacific assets.

Thematic

Thematic category activity was anchored by Multi-Sector funds, which hauled in $4,935M for the day. ARKK was the primary catalyst, gathering a massive $4,452M in single-day inflows. THRO and DRAM captured $453M and $419M to secure the next two spots. Thematic laggards experienced much lighter volume by comparison. GDX and XME posted the largest daily contractions, giving up $28M and $24M respectively.

Fixed Income

Broad fixed income flows were strongly positive across core durations, with the overarching Government segment netting $1,044M. VCIT and MUB led individual funds, tracking inflows of $355M and $277M. TIP followed closely with $233M in net positive activity. The category’s daily outflows were concentrated in corporate and treasury funds, guided by LQD dropping $380M. IEF and SHV were the second and third largest laggards, receding by $113M and $84M.

Commodity

The commodity asset class reported an aggregate daily outflow of $193M, largely driven by the Precious Metals category. PDBA claimed the daily flow leader position with $34M in new assets. USO and HGER followed with positive flow readings of $28M and $25M. On the downside, GLD dominated the laggards board by shedding $387M. CERY and UNG registered much smaller daily losses of $5M and $3M.

Cryptocurrency

Cryptocurrency products attracted $141M in daily net creations, despite facing $941M in outflows over the trailing one-week period. The Bitcoin sub-category drove most of the positive daily momentum with $127M in inflows. IBIT secured the top ranking by gathering $144M for the day. GBTC stood out among the daily laggards, losing $32M in total assets. EZBC and ETHA trailed further behind with identical outflows of $14M and $13M.

Non-Traditional

Non-Traditional funds encountered a challenging session, recording $1,260M in net daily outflows across the asset class. Synthetic Income leaders mitigated some losses, with QQQI accumulating $167M. MUU and SPYI rounded out the top three, pulling in $131M and $98M. Buffer funds weighed heavily on the broader group, as FMAY surrendered $787M. JEPI and DMAY experienced daily outflows of $321M and $181M, underscoring the shift away from buffered equity exposure.

Recent Launches

Year-to-date ETF launch activity remains robust with 324 new products introduced across all issuers. The Unclassified and Equity segments continue to dominate recent listings, accounting for the majority of the top ten newest funds. Volatility Shares and Leverage Shares contributed to the latest daily count, bringing SUIL and CBRG to market. Earlier in the week, WisdomTree and 21Shares expanded their suites with WDRN and TKNS. The NISM fund holds the largest initial asset base among the newest cohort at $24.93M.