Note: Flow data is reported after close on a T+1 basis. The flows in this report reflect create/redeem activity from Tuesday, September 30, 2025.
Market Flow Summary
The U.S. ETF market saw total net inflows of +$8.31B. The top issuer by inflow was SPDR, which brought in +$9.24B. The leading individual fund for the day was SPDR S&P 500 ETF Trust (SPY) with +$7.56B in new assets. On the other side of the ledger, Schwab experienced the largest net outflow among issuers with -$997.03M, while Vanguard S&P 500 ETF (VOO) saw the largest single-fund redemption of -$1.72B. The most notable high-velocity brand was The Brinsmere Funds, attracting significant new assets relative to its size.
Flow Summary by Asset Class
Equity ETFs led the way with +$5.98B in daily net flows, followed by Commodity ETFs which attracted +$879.55M. On a year-to-date basis, Equity remains the dominant asset class with +$499.00B in total net inflows.
| Asset Class | 1D Flow | 1M Flow | YTD Flow |
|---|---|---|---|
| Equity | +$5.98B | +$92.99B | +$499.00B |
| Commodity | +$879.55M | +$12.00B | +$40.37B |
| Digital Asset | +$628.91M | +$4.18B | +$35.69B |
| Non-Traditional | +$377.64M | +$2.30B | +$51.03B |
| Fixed Income | +$212.64M | +$36.75B | +$296.29B |
| Alternative | +$100.02M | +$582.91M | +$3.85B |
| Multi-Asset | +$34.79M | +$773.87M | +$4.18B |
| Currency | +$2.43M | -$40.57M | +$502.38M |
Top/Bottom Five Category Flows
The following tables highlight the top and bottom five ETF categories by net flows for the day.
Top 5 Category Inflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Blend | +$5.35B |
| Commodity: Focused – Precious Metals | +$889.99M |
| Equity: Global Ex-U.S. Large Cap – Blend | +$864.14M |
| Fixed Income: Taxable – High Yield | +$631.01M |
| Equity: Region – Country Specific | +$509.24M |
Bottom 5 Category Outflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Growth | -$1.50B |
| Fixed Income: Taxable – Government Ultrashort | -$1.41B |
| Equity: U.S. Small Cap – Blend | -$1.19B |
| Fixed Income: Taxable – Government Short | -$373.81M |
| Equity: U.S. Small Cap – Growth | -$176.67M |
ETF Issuer Flow Analysis
SPDR led all issuers with +$9.24B in net inflows, representing +0.54% of their AUM. Schwab saw the largest net outflow at -$997.03M, or -0.21% of their AUM. The top high-velocity brand was The Brinsmere Funds, which saw inflows representing +12.85% of its AUM.
Top 5 Brands by Inflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| SPDR | $1.73T | +$9.24B | +0.54% |
| VanEck | $112.73B | +$566.17M | +0.50% |
| Fidelity | $144.14B | +$326.69M | +0.23% |
| Dimensional | $226.81B | +$246.16M | +0.11% |
| JPMorgan | $248.20B | +$219.58M | +0.09% |
Bottom 5 Brands by Outflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Schwab | $475.04B | -$997.03M | -0.21% |
| iShares | $3.81T | -$817.80M | -0.02% |
| Invesco | $765.65B | -$811.38M | -0.11% |
| Vanguard | $3.65T | -$801.33M | -0.02% |
| Sprott | $3.99B | -$151.25M | -3.66% |
High-Velocity Brands
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| The Brinsmere Funds | $797.65M | +$90.85M | +12.85% |
| iPath | $1.78B | +$92.22M | +5.48% |
| SMI Funds | $793.40M | -$63.07M | -7.36% |
| Range | $712.42M | -$50.13M | -6.57% |
Significant Single-Fund Movements
The fund with the largest absolute inflow was SPDR S&P 500 ETF Trust (SPY) with +$7.56B. The largest absolute outflow came from Vanguard S&P 500 ETF (VOO), which saw redemptions of -$1.72B.
Largest Absolute Daily Flows (Net Flows > $250M)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Inflows | |||
| SPDR S&P 500 ETF Trust (SPY) | $669.92B | +$7.56B | +1.14% |
| SPDR Gold Shares (GLD) | $125.27B | +$739.38M | +0.59% |
| Vanguard Total International Stock ETF (VXUS) | $107.37B | +$560.37M | +0.52% |
| iShares iBoxx $ High Yield Corporate Bond ETF (HYG) | $19.03B | +$486.05M | +2.62% |
| iShares U.S. Equity Factor Rotation Active ETF (DYNF) | $27.20B | +$464.64M | +1.74% |
| Invesco MSCI USA ETF (PBUS) | $8.58B | +$433.98M | +5.33% |
| VanEck Semiconductor ETF (SMH) | $31.96B | +$408.09M | +1.29% |
| Health Care Select Sector SPDR Fund (XLV) | $33.20B | +$389.83M | +1.19% |
| Communication Services Select Sector SPDR Fund (XLC) | $27.18B | +$325.54M | +1.21% |
| iShares S&P 100 ETF (OEF) | $27.54B | +$266.29M | +0.98% |
| Outflows | |||
| Vanguard S&P 500 ETF (VOO) | $762.29B | -$1.72B | -0.22% |
| iShares Russell 2000 ETF (IWM) | $70.88B | -$1.19B | -1.64% |
| iShares 0-3 Month Treasury Bond ETF (SGOV) | $57.95B | -$820.76M | -1.40% |
| Vanguard Growth ETF (VUG) | $194.80B | -$498.59M | -0.26% |
| Invesco QQQ Trust Series I (QQQ) | $384.67B | -$480.36M | -0.12% |
| Schwab Intermediate-Term US Treasury ETF (SCHR) | $11.50B | -$444.62M | -3.72% |
| Schwab Short-Term US Treasury ETF (SCHO) | $11.35B | -$444.08M | -3.76% |
| iShares Russell 1000 ETF (IWB) | $43.56B | -$438.91M | -1.00% |
| iShares Core S&P 500 ETF (IVV) | $698.44B | -$435.20M | -0.06% |
| SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) | $42.14B | -$391.79M | -0.92% |
High-Velocity Inflows (AUM > $100M, 1D Flow > +5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| T-REX 2X Long BMNR Daily Target ETF (BMNU) | $130.95M | +$75.57M | +136.45% |
| Brinsmere Fund Growth ETF (TBFG) | $464.86M | +$90.85M | +24.29% |
| SPDR S&P Oil & Gas Equipment & Services ETF (XES) | $166.10M | +$28.90M | +21.06% |
| ProShares UltraShort Bloomberg Natural Gas (KOLD) | $186.83M | +$28.29M | +17.84% |
| iShares U.S. Telecommunications ETF (IYZ) | $685.80M | +$83.91M | +13.94% |
| Roundhill HOOD WeeklyPay ETF (HOOW) | $208.44M | +$25.14M | +13.72% |
| ProShares Ether ETF (EETH) | $129.58M | +$15.60M | +13.69% |
| Defiance Daily Target 2X Long ORCL ETF (ORCX) | $266.74M | +$28.66M | +12.04% |
| GraniteShares 2x Long META Daily ETF (FBL) | $166.85M | +$16.95M | +11.30% |
| YOKE Core ETF (YOKE) | $227.48M | +$21.98M | +10.70% |
High-Velocity Outflows (AUM > $100M, 1D Flow > -5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| SPDR S&P Retail ETF (XRT) | $351.69M | -$94.80M | -21.23% |
| Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) | $701.34M | -$184.56M | -20.83% |
| LeaderShares AlphaFactor US Core Equity ETF (LSAF) | $120.88M | -$31.34M | -20.59% |
| Invesco Dorsey Wright Technology Momentum ETF (PTF) | $500.12M | -$114.48M | -18.63% |
| Invesco Dorsey Wright Industrials Momentum ETF (PRN) | $467.54M | -$95.05M | -16.90% |
| Dana Unconstrained Equity ETF (DUNK) | $155.62M | -$31.45M | -16.81% |
| Invesco Dorsey Wright Momentum ETF (PDP) | $1.63B | -$299.93M | -15.51% |
| Alpha Architect US Quantitative Value ETF (QVAL) | $407.26M | -$64.92M | -13.75% |
| Monarch Blue Chips Core Index ETF (MBCC) | $120.68M | -$18.43M | -13.25% |
| Global X SuperIncome Preferred ETF (SPFF) | $159.87M | -$23.42M | -12.78% |
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.
