Note: Flow data is reported after close on a T+1 basis. The flows in this report reflect create/redeem activity from Wednesday, October 1, 2025.
Market Flow Summary
The U.S. ETF market experienced total net outflows of -$2.26B. iShares led all issuers with +$2.39B in net inflows, while the iShares 0-3 Month Treasury Bond ETF (SGOV) was the top individual fund, attracting +$903.36M. On the other side of the ledger, SPDR saw the largest issuer outflows at -$6.87B, and the SPDR S&P 500 ETF Trust (SPY) had the largest single-fund outflow of -$6.82B. The most notable high-velocity brand was Burney, which saw inflows representing +23.06% of its AUM.
Flow Summary by Asset Class
Fixed Income led all asset classes with +$4.64B in daily net inflows, followed by Non-Traditional products which gathered +$1.11B. Equity products experienced the largest outflows, shedding -$8.61B. On a year-to-date basis, Equity continues to lead all asset classes with +$490.45B in total inflows.
| Asset Class | 1D Flow | 1M Flow | YTD Flow |
|---|---|---|---|
| Fixed Income | +$4.64B | +$44.60B | +$304.32B |
| Non-Traditional | +$1.11B | +$3.45B | +$66.40B |
| Digital Asset | +$741.59M | +$5.16B | +$36.43B |
| Multi-Asset | +$119.29M | +$968.44M | +$4.30B |
| Alternative | -$1.72M | +$625.69M | +$3.85B |
| Currency | -$11.93M | -$49.77M | +$490.44M |
| Commodity | -$348.47M | +$9.97B | +$40.02B |
| Equity | -$8.61B | +$77.14B | +$490.45B |
Top/Bottom Five Category Flows
Drilling down into specific categories, Government Ultrashort funds saw the most significant inflows, while U.S. Large Cap Blend funds experienced the largest redemptions.
Top 5 Category Inflows
| Category | 1D Flow |
|---|---|
| Fixed Income: Taxable – Government Ultrashort | +$1.69B |
| Fixed Income: Taxable – High Yield | +$824.61M |
| Digital Asset: Cryptocurrency – Bitcoin | +$669.79M |
| Equity: U.S. Large Cap – Value | +$562.66M |
| Non-Traditional: Leverage | Inverse – Single Stock | +$517.16M |
Bottom 5 Category Outflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Blend | -$5.96B |
| Equity: U.S. Large Cap – Growth | -$2.88B |
| Equity: U.S. Small Cap – Blend | -$1.02B |
| Equity: Sector – Information Technology | -$970.41M |
| Commodity: Focused – Precious Metals | -$451.52M |
ETF Issuer Flow Analysis
iShares topped the issuer league table with +$2.39B in net inflows, a modest +0.06% of their total AUM. In contrast, SPDR experienced the day’s largest outflows at -$6.87B, representing -0.39% of their AUM. Among high-velocity brands, Burney stood out with inflows of +$103.72M, equating to an impressive +23.06% of its AUM.
Top 5 Brands by Inflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| iShares | $3.83T | +$2.39B | +0.06% |
| First Trust | $180.41B | +$956.60M | +0.53% |
| Defiance | $7.88B | +$902.92M | +12.95% |
| VanEck | $114.49B | +$508.92M | +0.45% |
| Avantis | $83.48B | +$456.68M | +0.55% |
Bottom 5 Brands by Outflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| SPDR | $1.74T | -$6.87B | -0.39% |
| Invesco | $766.66B | -$3.01B | -0.39% |
| Direxion | $56.87B | -$235.58M | -0.41% |
| ARK | $15.61B | -$181.11M | -1.15% |
| GraniteShares | $11.29B | -$140.70M | -1.23% |
High-Velocity Brands
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Burney | $553.51M | +$103.72M | +23.06% |
| Defiance | $7.88B | +$902.92M | +12.95% |
| The Brinsmere Funds | $709.43M | -$91.24M | -11.40% |
Significant Single-Fund Movements
The iShares 0-3 Month Treasury Bond ETF (SGOV) saw the largest absolute inflow of the day with +$903.36M. In contrast, the SPDR S&P 500 ETF Trust (SPY) experienced the largest outflow, with redemptions totaling -$6.82B.
Largest Absolute Daily Flows (Net Flows > $250M)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Inflows | |||
| iShares 0-3 Month Treasury Bond ETF (SGOV) | $57.85B | +$903.36M | +1.59% |
| Vanguard Total Stock Market ETF (VTI) | $549.96B | +$768.99M | +0.14% |
| iShares iBoxx $ High Yield Corporate Bond ETF (HYG) | $19.58B | +$621.54M | +3.28% |
| iShares Bitcoin Trust ETF (IBIT) | $90.87B | +$405.48M | +0.45% |
| SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) | $42.01B | +$394.18M | +0.95% |
| VanEck Semiconductor ETF (SMH) | $32.99B | +$317.04M | +0.97% |
| SPDR Portfolio S&P 500 ETF (SPLG) | $87.43B | +$294.93M | +0.34% |
| US Treasury 12 Month Bill ETF (OBIL) | $575.96M | +$287.98M | +100.00% |
| Vanguard Intermediate-Term Corporate Bond ETF (VCIT) | $56.52B | +$285.57M | +0.51% |
| Avantis U.S. Large Cap Value ETF (AVLV) | $8.56B | +$261.95M | +3.16% |
| Outflows | |||
| SPDR S&P 500 ETF Trust (SPY) | $675.81B | -$6.82B | -1.00% |
| Invesco QQQ Trust Series I (QQQ) | $384.23B | -$2.96B | -0.76% |
| Vanguard Information Technology ETF (VGT) | $109.70B | -$1.62B | -1.45% |
| iShares Russell 2000 ETF (IWM) | $69.18B | -$751.58M | -1.07% |
| iShares Russell 1000 ETF (IWB) | $43.30B | -$403.65M | -0.92% |
| SPDR Gold Shares (GLD) | $126.41B | -$392.02M | -0.31% |
| Communication Services Select Sector SPDR Fund (XLC) | $26.71B | -$379.38M | -1.40% |
| iShares Silver Trust (SLV) | $23.42B | -$347.57M | -1.46% |
| Vanguard Small-Cap ETF (VB) | $68.14B | -$341.60M | -0.50% |
| SPDR S&P Regional Banking ETF (KRE) | $3.60B | -$270.70M | -7.00% |
High-Velocity Inflows (AUM > $100M, 1D Flow > +5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Defiance Daily Target 2X Long IONQ ETF (IONX) | $264.88M | +$140.45M | +112.87% |
| Defiance Daily Target 2x Long OKLO ETF (OKLL) | $277.40M | +$143.72M | +107.51% |
| Defiance Daily Target 2X Long RKLB ETF (RKLX) | $230.48M | +$116.94M | +102.99% |
| Defiance Daily Target 2X Long SOFI ETF (SOFX) | $132.62M | +$66.68M | +101.12% |
| McElhenny Sheffield Managed Risk ETF (MSMR) | $286.62M | +$143.31M | +100.00% |
| US Treasury 12 Month Bill ETF (OBIL) | $575.96M | +$287.98M | +100.00% |
| Defiance Daily Target 2X Long AVGO ETF (AVGX) | $266.10M | +$133.05M | +100.00% |
| Defiance Daily Target 2X Long HIMS ETF (HIMZ) | $299.50M | +$149.70M | +99.93% |
| Defiance Daily Target 2X Long RGTI ETF (RGTX) | $167.81M | +$83.16M | +98.25% |
| AllianzIM U.S. Large Cap Buffer20 Oct ETF (OCTW) | $258.02M | +$86.33M | +50.28% |
High-Velocity Outflows (AUM > $100M, 1D Flow > -5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Brinsmere Fund Growth ETF (TBFG) | $375.61M | -$91.24M | -19.54% |
| ProShares Ether ETF (EETH) | $111.74M | -$16.83M | -13.09% |
| GraniteShares 2x Long COIN Daily ETF (CONL) | $960.87M | -$140.98M | -12.79% |
| FT Vest International Equity Moderate Buffer (YMAR) | $121.25M | -$17.13M | -12.38% |
| YOKE Core ETF (YOKE) | $205.08M | -$21.93M | -9.66% |
| Defiance Daily Target 2X Long SMCI ETF (SMCX) | $335.54M | -$33.17M | -9.00% |
| Innovator International Developed Power Buffer ETF – September (ISEP) | $113.34M | -$11.17M | -8.97% |
| KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) | $207.09M | -$20.05M | -8.83% |
| AllianzIM U.S. Large Cap Buffer20 Aug ETF (AUGW) | $150.34M | -$13.59M | -8.29% |
| ProShares Ultra Bloomberg Natural Gas (BOIL) | $509.37M | -$45.65M | -8.22% |
Custom Analysis and Daily Data
This daily snapshot is just the beginning. Our full suite of tools allows for deep, customizable analysis of the entire ETF landscape. Institutional clients can track real-time flows, screen for specific fund characteristics, and analyze historical trends to gain a competitive edge. To explore our comprehensive data and analytics platform, please contact our sales team for a personalized demonstration.
Large Flow Activity Note: Daily create/redeem activity is a normal function of the ETF market. Large flows often reflect rebalancing activity by a single large institution and are not necessarily indicative of broad market sentiment.
Disclosures
This report is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. ETF Action is not a registered investment advisor.
All data is sourced from proprietary and third-party sources believed to be reliable, but its accuracy and completeness are not guaranteed. Past performance is not indicative of future results.
