##  [# VOO Topped February Inflows; SPY Led Outflows](/sections/monthly-etf-flows/voo-topped-february-inflows-spy-lead-outflows) 

 

# VOO Topped February Inflows; SPY Led Outflows

 

 

Nearly identical ETFs moved in opposite directions regarding flows; BlackRock bitcoin fund IBIT grabbed $4.5 billion.



 

 

 

 

 [![RonDay](/sites/default/files/styles/author_image_icon/public/2024-01/etf.com_Author_RonDay.png?itok=XBj72rrJ "RonDay")](/contributors/ron-day) 

[By Ron Day](/contributors/ron-day)

 Mar 04, 2024

 Edited by: ETF.com Staff

 

 

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Vanguard's VOO, the third-largest U.S. ETF, brought in the most investor money among all exchange-traded funds last month, while it's cousin and world's biggest ETF, State Street's SPY, had the biggest outflows.

The seeming contradiction of a pair of S&amp;P 500 index funds moving in opposite directions in terms of flows may signal investors are leaning toward believing that markets are poised to slow after a 30% gain over the past year.

The **Vanguard 500 Index Fund (VOO)** brought in $6.11 billion last month while investors pulled $6 billion from the **SPDR S&amp;P 500 ETF Trust (SPY)**. VOO has $413.3 billion under management while SPY has $500.6 billion, recently becoming the first ETF to cross a half-trillion dollars in AUM, despite having $27 billion in outflows this year.

VOO, with $16 billion in inflows so far this year, is often seen as a proxy for momentum toward long-term trading, while SPY may be used more in short-term trades. VOO's management fee of 0.03% undercuts SPY's 0.09% and VOO permits dividend reinvestments.

So SPY's outflows could be a reflection of caution on the part of short-term traders and other market timers," etf.com Senior Analyst Sumit Roy said. "The long-term money is pretty consistent no matter what is going on, but the short-term money moves around based on sentiment."

In another sign that investors are focused on large S&amp;P 500 funds, the **iShares Core S&amp;P 500 ETF (IVV)** has the biggest year-to-date inflows. IVV, the third-biggest ETF with $442.5 billion in assets, has brought in $16 billion this year.

Spot bitcoin funds, which didn't exist when the year began, pulled in billions last month led by the $4.48 billion investors poured into the **iShares Bitcoin Trust (IBIT)**.

## Top Gainers February 2024

TickerNameIssuerNet Flows ($, mm)AUM ($, mm)% of AUMYTD 2024 Net Flows($,M)VOOVanguard 500 Index FundVanguard6,111.50413,384.341.4815,954.85%VGTVanguard Information Technology ETFVanguard5,672.4069,109.518.216,355.92%IBITiShares Bitcoin TrustBlackrock4,481.499,147.0648.997,152.45%IVViShares Core S&amp;P 500 ETFBlackrock4,145.03442,511.980.9416,022.93%VGITVanguard Intermediate-Term Treasury Index ETFVanguard3,267.1625,092.7513.023,695.19%SPLGSPDR Portfolio S&amp;P 500 ETFState Street Global Advisors3,068.8031,997.819.594,454.98%VTIVanguard Total Stock Market ETFVanguard2,694.05374,236.020.725,416.36%FBTCFidelity Wise Origin Bitcoin FundFidelity2,468.046,234.7339.59273.47%AGGiShares Core U.S. Aggregate Bond ETFBlackrock2,463.14102,098.302.412,800.85%QQQInvesco QQQ TrustInvesco1,844.65251,983.350.737,134.36% 
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## Top Gainers (Year-to-Date)

TickerNameIssuerNet Flows ($, mm)AUM ($, mm)% of AUMMarch 2024 Net Flows($,M)IVViShares Core S&amp;P 500 ETFBlackrock16,022.93442,511.983.624,145.03%VOOVanguard 500 Index FundVanguard15,954.85413,384.343.866,111.50%IBITiShares Bitcoin TrustBlackrock7,152.459,147.0678.194,481.49%QQQInvesco QQQ TrustInvesco7,134.36251,983.352.831,844.65%VGTVanguard Information Technology ETFVanguard6,355.9269,109.519.205,672.40%VTIVanguard Total Stock Market ETFVanguard5,416.36374,236.021.452,694.05%SPLGSPDR Portfolio S&amp;P 500 ETFState Street Global Advisors4,454.9831,997.8113.923,068.80%IVEiShares S&amp;P 500 Value ETFBlackrock3,888.9032,218.3212.07405.26%VGITVanguard Intermediate-Term Treasury Index ETFVanguard3,695.1925,092.7514.733,267.16%IUSBiShares Core Total USD Bond Market ETFBlackrock3,258.4226,586.3712.26764.38%
## Biggest Losers (February 2024)

TickerNameIssuerNet Flows ($, mm)AUM ($, mm)% of AUMYTD 2024 Net Flows($,M)SPYSPDR S&amp;P 500 ETF TrustState Street Global Advisors-5,969.90500,604.70-1.19-26,996.64%HYGiShares iBoxx USD High Yield Corporate Bond ETFBlackrock-2,776.8115,748.51-17.63-3,194.80%GBTCGrayscale Bitcoin Trust ETFDigital Currency Group, Inc.-2,353.8726,431.07-8.91-7,712.21%IWMiShares Russell 2000 ETFBlackrock-2,313.3561,920.41-3.74-5,672.80%VGSHVanguard Short-Term Treasury Index FundVanguard-2,081.5720,275.13-10.27-1,801.19%LQDiShares iBoxx USD Investment Grade Corporate Bond ETFBlackrock-1,912.0332,240.87-5.931,348.08%GLDSPDR Gold TrustState Street Global Advisors-1,815.2853,756.49-3.38-3,627.19%USMViShares MSCI USA Min Vol Factor ETFBlackrock-1,718.9625,083.65-6.85-2,715.17%BILSPDR Bloomberg 1-3 Month T-Bill ETFState Street Global Advisors-1,658.0531,481.18-5.27-2,025.75%XLEEnergy Select Sector SPDR FundState Street Global Advisors-1,636.7735,600.20-4.60-1,338.29%## Biggest Losers (Year-to-Date)

TickerNameIssuerNet Flows ($, mm)AUM ($, mm)% of AUMMarch 2024 Net Flows($,M)SPYSPDR S&amp;P 500 ETF TrustState Street Global Advisors-26,996.64500,604.70-5.39-5,969.90%GBTCGrayscale Bitcoin Trust ETFDigital Currency Group, Inc.-7,712.2126,431.07-29.18-2,353.87%IWMiShares Russell 2000 ETFBlackrock-5,672.8061,920.41-9.16-2,313.35%GLDSPDR Gold TrustState Street Global Advisors-3,627.1953,756.49-6.75-1,815.28%IWDiShares Russell 1000 Value ETFBlackrock-3,495.4853,547.38-6.53-12.88%HYGiShares iBoxx USD High Yield Corporate Bond ETFBlackrock-3,194.8015,748.51-20.29-2,776.81%USMViShares MSCI USA Min Vol Factor ETFBlackrock-2,715.1725,083.65-10.82-1,718.96%TQQQProShares UltraPro QQQProShares-2,515.5621,304.58-11.81-1,104.42%OEFiShares S&amp;P 100 ETFBlackrock-2,134.4111,315.90-18.86-221.95%SUSAiShares MSCI USA ESG Select ETFBlackrock-2,074.153,433.79-60.40-212.40%## Asset Classes (February 2024)

 Net Flows ($, mm)AUM ($, mm)% of AUMAlternatives138.086,971.881.98%Asset Allocation143.3717,326.300.83%Commodities-2,479.37122,898.36-2.02%Currency6,120.9150,272.9812.18%International Equity10,302.961,406,756.560.73%International Fixed Income1,639.83173,512.010.95%Inverse814.3713,979.115.83%Leveraged-2,330.0588,805.06-2.62%U.S. Equity34,410.515,267,330.840.65%U.S. Fixed Income9,941.131,364,702.680.73%**Total:****58,701.73****8,512,555.78****0.69%**## **Asset Classes (Year-to-Date)**

 Net Flows ($, mm)AUM ($, mm)% of AUMAlternatives309.886,971.884.44%Asset Allocation-138.6917,326.30-0.80%Commodities-5,676.89122,898.36-4.62%Currency3,207.2550,272.986.38%International Equity15,416.521,406,756.561.10%International Fixed Income5,605.96173,512.013.23%Inverse-474.8913,979.11-3.40%Leveraged-4,591.4988,805.06-5.17%U.S. Equity48,910.665,267,330.840.93%U.S. Fixed Income27,204.551,364,702.681.99%**Total:****89,772.85****8,512,555.78****1.05%**## February 2024 ETF Brand League Table

**Brand****AUM ($, mm)****Net Flows ($, mm)****% of AUM****YTD 2024 Net Flows($,M)****iShares****2,610,262.84****4,726.56****0.18%****4,726.56****Vanguard****2,404,405.29****21,528.04****0.90%****21,528.04****SPDR****1,225,224.08****-19,189.73****-1.57%****-19,189.73****Invesco****474,269.47****9,393.36****1.98%****9,393.36****Schwab****323,997.86****1,989.22****0.61%****1,989.22****JPMorgan****137,070.74****2,422.40****1.77%****2,422.40****First Trust****133,707.09****150.16****0.11%****150.16****Dimensional****121,235.04****3,201.66****2.64%****3,201.66****WisdomTree****73,454.91****628.74****0.86%****628.74****ProShares****68,323.72****-3,416.98****-5.00%****-3,416.98****VanEck****67,781.71****873.31****1.29%****873.31****Fidelity****56,185.45****-1,117.90****-1.99%****-1,117.90****Global X****42,913.55****461.26****1.07%****461.26****Pacer****37,553.18****2,159.48****5.75%****2,159.48****Direxion****37,029.92****-553.10****-1.49%****-553.10****Avantis****34,995.69****1,162.38****3.32%****1,162.38****Goldman Sachs****33,214.98****121.06****0.36%****121.06****PIMCO****24,206.00****465.49****1.92%****465.49****FT Vest****22,286.60****1,026.47****4.61%****1,026.47****Grayscale****21,219.49****-5,358.79****-25.25%****-5,358.79****Capital Group****20,890.63****1,706.25****8.17%****1,706.25****FlexShares****20,700.85****-269.47****-1.30%****-269.47****Xtrackers****20,156.81****11.35****0.06%****11.35****Innovator****17,677.34****1.39****0.01%****1.39****BlackRock****16,000.64****3,305.33****20.66%****3,305.33****Franklin****14,473.76****138.55****0.96%****138.55****ARK****14,215.76****-449.60****-3.16%****-449.60****Janus Henderson****12,901.89****780.15****6.05%****780.15****Amplify****9,021.61****46.22****0.51%****46.22****Nuveen****8,697.85****56.25****0.65%****56.25****Alerian****7,971.98****80.05****1.00%****80.05****REX Microsectors****7,595.33****77.76****1.02%****77.76****VictoryShares****7,415.62****-45.51****-0.61%****-45.51****abrdn****6,867.75****-23.91****-0.35%****-23.91****PGIM****6,426.91****-163.16****-2.54%****-163.16****KraneShares****6,422.12****35.20****0.55%****35.20****John Hancock****6,217.73****70.21****1.13%****70.21****BNY Mellon****5,604.98****104.02****1.86%****104.02****Hartford****4,700.23****-137.27****-2.92%****-137.27****IndexIQ****4,260.43****-58.04****-1.36%****-58.04****US Benchmark Series****4,111.03****47.61****1.16%****47.61****ALPS****4,061.75****41.78****1.03%****41.78****Principal****3,851.25****53.46****1.39%****53.46****Invesco DB****3,447.30****-88.10****-2.56%****-88.10****Simplify****3,354.40****168.02****5.01%****168.02****American Century****3,047.67****96.52****3.17%****96.52****T. Rowe Price****2,778.35****198.51****7.14%****198.51****Alpha Architect****2,732.41****315.37****11.54%****315.37****US Commodity Funds****2,725.59****-482.88****-17.72%****-482.88****Sprott****2,539.58****82.61****3.25%****82.61****BondBloxx****2,458.40****-65.57****-2.67%****-65.57****Columbia****2,269.32****133.90****5.90%****133.90****Cambria****2,221.18****74.57****3.36%****74.57****AB Funds****2,194.43****741.74****33.80%****741.74****Main Funds****2,178.53****48.83****2.24%****48.83****Allianz****2,155.43****214.36****9.95%****214.36****Putnam****1,941.32****42.32****2.18%****42.32****Aptus****1,799.92****15.39****0.86%****15.39****Distillate****1,717.44****88.39****5.15%****88.39****GraniteShares****1,677.78****86.74****5.17%****86.74****YieldMax****1,672.28****427.25****25.55%****427.25****AdvisorShares****1,581.91****120.78****7.64%****120.78****ROBO Global****1,553.86****-13.23****-0.85%****-13.23****Vident****1,462.50****1.06****0.07%****1.06****Motley Fool****1,451.81****15.99****1.10%****15.99****US Global****1,402.44****-358.59****-25.57%****-358.59****Inspire****1,390.85****-1.44****-0.10%****-1.44****Defiance****1,347.24****-2.23****-0.17%****-2.23****Harbor****1,337.34****28.09****2.10%****28.09****Bridgeway****1,260.82****14.86****1.18%****14.86****Virtus****1,250.75****87.69****7.01%****87.69****Strive****1,164.25****67.40****5.79%****67.40****Davis****1,041.11****10.17****0.98%****10.17****Kovitz****986.86****7.35****0.75%****7.35****Neos****984.16****153.78****15.63%****153.78****ETRACS****977.77****0.00****0.00%****0.00****iPath****950.08****44.75****4.71%****44.75****DoubleLine****948.25****47.42****5.00%****47.42****Quadratic****947.17****-19.45****-2.05%****-19.45****Strategy Shares****932.73****-29.75****-3.19%****-29.75****ActivePassive****914.98****70.10****7.66%****70.10****Meridian****844.86****5.97****0.71%****5.97****Timothy****816.22****-9.18****-1.12%****-9.18****CCM****797.21****770.06****96.59%****770.06****Neuberger Berman****792.10****16.34****2.06%****16.34****AXS Investments****770.65****26.25****3.41%****26.25****Roundhill****769.64****29.53****3.84%****29.53****Bitwise****764.46****634.45****82.99%****634.45****TCW****757.54****-63.91****-8.44%****-63.91****AAM****747.69****44.41****5.94%****44.41****iM****735.30****-16.62****-2.26%****-16.62****RPAR****725.77****8.97****1.24%****8.97****SoFi****724.46****21.89****3.02%****21.89****SP Funds****703.67****52.66****7.48%****52.66****HCM****696.56****8.92****1.28%****8.92****Day Hagan****696.31****-5.95****-0.85%****-5.95****Horizons****655.53****-45.81****-6.99%****-45.81****Cabana****633.15****150.30****23.74%****150.30****LeaderShares****576.03****-208.02****-36.11%****-208.02****The Brinsmere Funds****538.48****16.65****3.09%****16.65****Tortoise****523.12****-65.47****-12.52%****-65.47****Credit Suisse****515.07****-5.05****-0.98%****-5.05****Gotham****504.41****-36.94****-7.32%****-36.94****Calvert****488.91****8.63****1.77%****8.63****InfraCap****476.32****-0.23****-0.05%****-0.23****Volatility Shares****447.34****54.71****12.23%****54.71****FCF Advisors****439.60****20.13****4.58%****20.13****Wahed****434.96****22.73****5.23%****22.73****Nationwide****414.40****-11.37****-2.74%****-11.37****Brookstone****391.45****2.06****0.53%****2.06****ClearShares****386.85****-20.03****-5.18%****-20.03****Overlay Shares****386.82****4.12****1.06%****4.12****Oneascent****368.28****15.93****4.32%****15.93****ClearBridge****366.56****4.60****1.25%****4.60****EMQQ****350.97****-27.18****-7.75%****-27.18****Teucrium****339.16****4.82****1.42%****4.82****Vert****338.19****5.35****1.58%****5.35****Touchstone****333.08****16.59****4.98%****16.59****CastleArk****327.40****-0.06****-0.02%****-0.06****Matthews****313.28****-14.98****-4.78%****-14.98****Barclays****299.58****0.00****0.00%****0.00****Bushido****297.42****4.18****1.40%****4.18****FundX****287.19****1.43****0.50%****1.43****Adaptive****280.87****-1.31****-0.47%****-1.31****TrueShares****269.84****31.35****11.62%****31.35****T-Rex****266.84****211.39****79.22%****211.39****Madison****263.04****0.50****0.19%****0.50****Anfield****262.45****-9.81****-3.74%****-9.81****Core Alternative****257.38****5.86****2.28%****5.86****USCF Advisers****254.75****-1.86****-0.73%****-1.86****AGF****251.05****5.54****2.21%****5.54****Monarch****250.03****9.76****3.90%****9.76****Tidal ETFs****248.31****1.08****0.43%****1.08****Panagram****243.73****17.05****7.00%****17.05****Opus Capital Management****233.71****6.57****2.81%****6.57****Mohr Funds****231.64****-11.47****-4.95%****-11.47****Angel Oak****227.49****10.76****4.73%****10.76****Valkyrie****221.77****135.33****61.02%****135.33****STF****220.43****-0.71****-0.32%****-0.71****Swan****218.74****9.58****4.38%****9.58****Impact Shares****213.90****0.90****0.42%****0.90****GMO****213.20****161.29****75.65%****161.29****Summit Global Investments****210.95****-3.80****-1.80%****-3.80****Fairlead****209.75****-3.38****-1.61%****-3.38****PlanRock****208.81****91.36****43.76%****91.36****Burney****207.60****-0.01****0.00%****-0.01****RiverFront****200.57****-5.77****-2.88%****-5.77****Little Harbor Advisors****194.58****-0.72****-0.37%****-0.72****WBI Shares****190.52****-1.16****-0.61%****-1.16****CornerCap****186.72****0.56****0.30%****0.56****UBS****185.27****0.00****0.00%****0.00****Syntax****182.88****-2.10****-1.15%****-2.10****SRH****181.75****0.00****0.00%****0.00****Renaissance****171.82****-20.97****-12.20%****-20.97****Euclidean****171.14****0.61****0.36%****0.61****Saba****167.63****7.56****4.51%****7.56****BrandywineGLOBAL****166.74****-0.01****-0.01%****-0.01****Federated Hermes****165.66****34.62****20.90%****34.62****Return Stacked****163.72****40.41****24.68%****40.41****Adasina****160.02****6.69****4.18%****6.69****Congress****156.16****38.58****24.71%****38.58****Agility Shares****155.11****0.34****0.22%****0.34****Thrivent****148.45****-10.69****-7.20%****-10.69****Gadsden****147.44****0.00****0.00%****0.00****Beyond****145.25****0.30****0.20%****0.30****Brandes****142.40****43.73****30.71%****43.73****Humankind****133.79****0.00****0.00%****0.00****Knowledge Leaders Capital****130.52****0.01****0.01%****0.01****Siren****130.36****-2.94****-2.25%****-2.94****SEI****129.02****0.27****0.21%****0.27****Ballast****128.87****7.24****5.62%****7.24****SoundWatch Capital****121.13****0.61****0.51%****0.61****Bahl &amp; Gaynor****117.47****0.77****0.66%****0.77****Rareview Funds****116.49****0.09****0.08%****0.09****Rayliant****113.69****-1.42****-1.25%****-1.42****Donoghue Forlines****113.39****0.00****0.00%****0.00****Zacks****109.81****14.66****13.35%****14.66****Natixis****109.52****3.93****3.59%****3.93****Max****109.43****50.24****45.91%****50.24****Conductor Fund****105.30****0.00****0.00%****0.00****ROC****102.11****22.45****21.98%****22.45****Strategas****101.79****-0.12****-0.12%****-0.12****Hoya****94.09****1.84****1.95%****1.84****Tema****93.27****25.68****27.53%****25.68****First Manhattan****87.10****0.30****0.35%****0.30****DB****86.60****0.00****0.00%****0.00****Applied Finance****85.53****6.85****8.01%****6.85****American Beacon****85.48****0.56****0.65%****0.56****MarketDesk****84.64****0.00****0.00%****0.00****ArrowShares****79.20****-1.03****-1.30%****-1.03****Leuthold****78.80****0.00****0.00%****0.00****Absolute****78.29****-1.42****-1.81%****-1.42****Segall Bryant &amp; Hamill****78.20****19.46****24.88%****19.46****Alexis****76.25****2.09****2.75%****2.09****Q3****76.08****4.86****6.39%****4.86****ACV****74.50****-8.19****-10.99%****-8.19****Astoria****73.03****1.84****2.52%****1.84****CrossingBridge Funds****69.37****1.06****1.53%****1.06****Sterling Capital****66.88****0.00****0.00%****0.00****Faith Investor Services****65.91****8.72****13.23%****8.72****Eaton Vance****65.07****2.52****3.87%****2.52****Hennessy****64.38****4.79****7.44%****4.79****NETL****64.11****1.24****1.94%****1.24****REX****62.73****39.10****62.33%****39.10****Altshares****62.57****-8.60****-13.74%****-8.60****FPA****62.33****5.18****8.30%****5.18****Nicholas****61.39****8.36****13.62%****8.36****Regents Park****60.88****-1.35****-2.21%****-1.35****Logan****60.59****0.00****0.01%****0.00****Sphere****59.49****0.00****0.00%****0.00****Western Asset****57.60****0.01****0.02%****0.01****Polen****56.05****16.04****28.63%****16.04****IDX****55.86****6.85****12.27%****6.85****Formidable****55.25****0.00****0.00%****0.00****Goose Hollow****55.04****-0.66****-1.20%****-0.66****Hilton****54.15****36.92****68.19%****36.92****Cambiar Funds****53.20****0.00****0.00%****0.00****EA Series Trust****53.03****5.43****10.24%****5.43****F/m****52.54****24.07****45.80%****24.07****Academy****52.11****0.00****0.00%****0.00****Breakwave****52.08****-6.37****-12.24%****-6.37****Aztlan****51.20****-1.62****-3.15%****-1.62****SmartETFs****50.67****0.00****0.00%****0.00****THOR****49.22****-0.76****-1.54%****-0.76****Adaptiv****48.57****-1.47****-3.03%****-1.47****Alger****48.15****0.33****0.68%****0.33****Parametric****46.93****1.29****2.75%****1.29****Argent****46.88****0.59****1.27%****0.59****SonicShares****46.30****6.31****13.62%****6.31****Leatherback****45.96****-1.30****-2.83%****-1.30****UVA****44.10****-1.10****-2.50%****-1.10****McElhenny Sheffield****44.04****2.15****4.89%****2.15****ZEGA****42.35****-5.74****-13.56%****-5.74****Acquirers Fund****42.18****0.00****0.00%****0.00****Convergence****41.44****6.34****15.30%****6.34****Texas Capital****41.28****21.05****50.98%****21.05****Meet Kevin****39.66****0.64****1.60%****0.64****Procure****38.08****-0.86****-2.26%****-0.86****Hull****37.94****0.00****0.01%****0.00****Discipline Funds****37.07****0.00****0.00%****0.00****Gabelli****35.60****2.02****5.68%****2.02****Trajan****35.55****0.00****0.00%****0.00****Spear****35.12****13.91****39.60%****13.91****Guru****34.61****0.00****0.00%****0.00****Sound Income Strategies****33.17****1.38****4.15%****1.38****Martin Currie****33.12****0.00****0.00%****0.00****Miller****32.65****0.00****0.00%****0.00****AOT****32.27****0.99****3.06%****0.99****Foundations****32.17****28.08****87.28%****28.08****Innovative Portfolios****31.90****-0.49****-1.52%****-0.49****Sovereign's****31.40****2.21****7.03%****2.21****Sparkline****30.97****0.00****0.00%****0.00****RAM****30.81****1.50****4.88%****1.50****Calamos****30.68****13.14****42.83%****13.14****Validus****30.58****0.00****0.00%****0.00****Cultivar****30.12****0.00****0.00%****0.00****AlphaMark****29.66****0.00****0.00%****0.00****Affinity****29.57****0.00****0.00%****0.00****R3ETFs****29.51****0.00****0.00%****0.00****Acruence****29.15****-0.94****-3.23%****-0.94****Subversive****28.32****5.32****18.77%****5.32****QRAFT****25.82****0.08****0.29%****0.08****Bancreek****25.08****21.00****83.71%****21.00****Tactical Funds****23.37****0.00****0.00%****0.00****PMV****23.14****-0.01****-0.03%****-0.01****India****22.81****9.66****42.36%****9.66****Veridien****22.32****0.00****0.00%****0.00****Carbon Collective****22.13****0.94****4.23%****0.94****Pinnacle****21.94****2.97****13.52%****2.97****Vesper****21.75****-5.89****-27.10%****-5.89****Counterpoint****20.68****5.29****25.59%****5.29****FMQQ****20.11****0.83****4.14%****0.83****Point Bridge Capital****20.01****0.00****0.00%****0.00****Range****19.64****5.12****26.08%****5.12****Bridges****19.05****0.00****0.00%****0.00****Clough****18.72****3.89****20.77%****3.89****GGM****18.40****3.48****18.89%****3.48****Mairs &amp; Power****18.28****0.00****0.00%****0.00****Robinson****17.46****-0.51****-2.93%****-0.51****WealthTrust****17.43****0.00****0.00%****0.00****Clockwise Capital****17.19****0.55****3.19%****0.55****DGA****17.05****0.52****3.04%****0.52****MUSQ****15.91****1.00****6.27%****1.00****ATAC****15.48****0.01****0.05%****0.01****Grizzle****15.29****1.31****8.56%****1.31****Macquarie****15.27****0.00****0.00%****0.00****Relative Sentiment****13.42****0.00****0.00%****0.00****Capital Link****13.18****0.00****0.00%****0.00****Morgan Dempsey****12.54****-2.89****-23.08%****-2.89****Ionic****12.54****0.00****0.00%****0.00****The Future Fund****11.02****0.00****0.00%****0.00****Themes****10.09****1.08****10.75%****1.08****Build****9.18****-8.04****-87.50%****-8.04****RiverNorth****8.69****-0.52****-5.98%****-0.52****Nifty****7.72****0.88****11.40%****0.88****Democracy****7.33****0.00****0.02%****0.00****LAFFER TENGLER****7.22****-0.53****-7.37%****-0.53****Dynamic****7.09****0.00****0.00%****0.00****Altrius****6.99****0.00****-0.02%****0.00****ETFB****6.99****0.00****0.00%****0.00****CoreValues Alpha****6.80****0.00****0.00%****0.00****Lyrical****6.61****0.00****0.00%****0.00****Armada ETF Advisors****6.45****0.00****0.00%****0.00****MKAM****5.93****0.00****0.00%****0.00****IQ Funds****5.44****0.00****0.00%****0.00****VegTech****5.42****0.00****0.00%****0.00****Cboe Vest****5.26****0.62****11.88%****0.62****Blue Horizon****4.77****0.00****0.00%****0.00****ICE BofAML****4.59****0.00****0.00%****0.00****Kurv****3.89****0.22****5.62%****0.22****USCF****3.87****0.00****0.00%****0.00****Brendan Wood****3.86****0.00****0.00%****0.00****Reverb ETF****3.84****0.00****0.00%****0.00****Honeytree****3.76****0.56****14.95%****0.56****Hypatia Capital****3.35****0.00****-0.06%****0.00****X-Square****3.32****0.00****0.00%****0.00****Horizon****3.25****0.00****0.00%****0.00****Jacob****3.01****0.00****0.00%****0.00****KP Funds****2.92****0.00****0.02%****0.00****Newday****2.75****0.00****-0.07%****0.00****Tuttle****2.70****0.77****28.34%****0.77****Kingsbarn****2.32****0.00****0.00%****0.00****CRIT****2.06****0.00****-0.02%****0.00****Akros****1.62****0.00****0.00%****0.00****Langar****1.50****1.31****87.75%****1.31****WHITEWOLF****1.38****0.00****0.00%****0.00****iMGP****1.33****0.00****0.00%****0.00****New Capital****1.05****-0.78****-74.01%****-0.78****DriveWealth****0.75****0.00****0.00%****0.00****KARB****0.56****0.00****0.00%****0.00****Arch Indices****0.53****0.00****0.00%****0.00****Onefund****0.00****0.00****0.00%****0.00**## **March 2024 ETF Issuer League Table**

**Issuer****AUM ($, mm)****Net Flows ($, mm)****% of AUM****YTD 2024 Net Flows($,M)****Blackrock****2,681,971.59****9,655.52****0.36%****17,687.41****Vanguard****2,480,906.17****27,340.33****1.10%****48,868.37****State Street Global Advisors****1,243,632.05****-7,638.44****-0.61%****-26,828.18****Invesco****492,106.46****4,437.24****0.90%****13,730.45****Charles Schwab****329,968.95****562.54****0.17%****2,551.75****AJM Ventures LLC****158,890.49****1,112.34****0.70%****2,288.97****JPMorgan Chase****143,592.94****4,521.88****3.15%****6,944.28****Dimensional Holdings****125,856.43****2,480.60****1.97%****5,682.25****WisdomTree****75,574.28****790.85****1.05%****1,419.59****VanEck****69,560.60****1,462.29****2.10%****2,335.59****ProShares****68,762.47****-1,705.87****-2.48%****-5,122.85****Fidelity****62,746.36****3,997.66****6.37%****2,879.77****Mirae Asset Global Investments Co., Ltd.****43,559.29****251.03****0.58%****712.29****American Century Investments****40,374.79****1,868.73****4.63%****3,127.64****Pacer Advisors****39,835.15****1,681.51****4.22%****3,840.99****Direxion****38,640.26****-601.85****-1.56%****-1,154.95****Goldman Sachs****33,793.44****-112.75****-0.33%****8.32****PIMCO****27,185.39****884.93****3.26%****1,564.78****Digital Currency Group, Inc.****26,438.48****-2,353.87****-8.90%****-7,712.66****The Capital Group Companies****22,741.66****1,239.70****5.45%****2,945.95****DWS****20,896.18****206.18****0.99%****217.53****Northern Trust****20,782.90****65.50****0.32%****-203.97****Innovator****18,014.00****78.46****0.44%****79.85****ARK Investment Management LP****16,368.46****603.98****3.69%****146.83****Franklin Templeton****15,388.80****132.03****0.86%****213.17****Janus Henderson****13,681.45****836.38****6.11%****1,616.53****SS&amp;C****12,221.96****4.68****0.04%****114.32****Nuveen Securities****9,142.41****166.23****1.82%****222.48****Amplify Investments****8,665.27****-546.13****-6.30%****-499.91****BMO****8,489.52****18.86****0.22%****146.85****Alpha Architect****8,047.14****689.15****8.56%****1,875.70****CICC****7,989.34****176.08****2.20%****191.83****Victory Capital Holdings, Inc.****7,547.02****93.69****1.24%****48.18****Abrdn Plc****6,820.45****89.59****1.31%****65.68****Prudential****6,633.74****201.37****3.04%****38.20****John Hancock****6,400.54****19.28****0.30%****89.49****Toroso Investments****6,252.51****314.38****5.03%****884.75****BNY Mellon****5,903.95****129.02****2.19%****295.04****The Hartford****4,638.46****-73.78****-1.59%****-211.05****1251 Capital Group Inc.****4,290.60****122.36****2.85%****206.08****New York Life****4,232.84****-71.16****-1.68%****-129.20****Exchange Traded Concepts****4,046.64****-16.42****-0.41%****139.38****Principal****3,874.73****-60.07****-1.55%****-6.61****Simplify Asset Management Inc.****3,747.08****368.87****9.84%****536.89****T. Rowe Price Group, Inc.****3,069.48****205.71****6.70%****404.21****US Commodity Funds****3,045.55****111.80****3.67%****-372.95****Bondbloxx Investment Management LLC****2,493.36****45.07****1.81%****-20.50****Columbia Management Investment Advisers, LLC****2,478.48****171.92****6.94%****305.83****Equitable Holdings****2,421.55****207.05****8.55%****948.79****Cambria****2,314.10****65.41****2.83%****139.98****Sprott, Inc.****2,309.25****19.19****0.83%****101.79****GraniteShares****2,267.89****307.42****13.56%****394.16****Main Management****2,249.40****21.43****0.95%****70.26****Power Corporation of Canada****2,033.78****55.68****2.74%****98.00****Distillate Capital****1,777.57****10.23****0.58%****98.63****Virtus Investment Partners****1,767.43****81.26****4.60%****169.92****UBS****1,695.62****-7.42****-0.44%****-12.46****Aptus Capital Advisors****1,687.25****81.28****4.82%****100.42****AdvisorShares****1,649.39****153.85****9.33%****274.64****MM VAM LLC****1,555.08****83.60****5.38%****84.66****The Motley Fool****1,521.75****13.99****0.92%****29.98****Bitwise Asset Management, Inc.****1,487.72****485.05****32.60%****1,118.49****US Global Investors****1,479.74****0.92****0.06%****-357.67****Inspire Impact Group LLC****1,444.12****25.59****1.77%****24.14****Defiance ETFs****1,441.08****93.51****6.49%****91.28****ORIX****1,438.20****71.76****4.99%****99.85****SEI Investments****1,244.30****1,087.32****87.38%****1,087.59****Neos Investments LLC****1,196.21****203.11****16.98%****356.90****Envestnet****1,145.33****210.41****18.37%****280.51****Barclays Capital Inc.****1,137.75****-88.99****-7.82%****-44.24****Davis Advisers****1,072.10****-4.64****-0.43%****5.53****Focus Financial Partners****1,031.19****8.42****0.82%****15.78****Doubleline ETF Holdings LP****1,030.84****76.15****7.39%****123.56****Rational Advisors Inc.****918.25****-14.09****-1.53%****-43.84****Eurazeo SA****880.69****69.18****7.85%****68.60****Timothy Plan****827.26****-7.96****-0.96%****-17.14****Neuberger Berman****793.28****-2.87****-0.36%****13.48****Sun Life Financial****748.46****1.33****0.18%****45.74****Howard Capital Management, Inc.****738.24****16.63****2.25%****25.55****Roundhill Investments****726.24****45.28****6.23%****65.48****Volatility Shares LLC****723.86****60.97****8.42%****115.68****SR Partners LLC****719.24****-19.58****-2.72%****7.26****The TCW Group, Inc.****713.80****-71.86****-10.07%****-135.77****Day Hagan Asset Management****704.12****-7.64****-1.08%****-13.58****Morgan Stanley****691.24****57.57****8.33%****70.01****Angel Oak Cos. LLC****598.04****265.78****44.44%****276.54****Smith Capital Investors LLC****592.58****460.25****77.67%****466.67****Redwood Investment Management****584.17****-2.16****-0.37%****-210.18****Sausalito Partners LLC****580.85****19.12****3.29%****39.26****Horizon Kinetics LLC****561.47****-97.72****-17.40%****-143.53****Estate Counselors LLC****545.60****-0.50****-0.09%****16.15****Tortoise****515.40****-14.08****-2.73%****-79.56****Tuttle Tactical Management, LLC****500.19****143.83****28.76%****354.87****Wahed Invest LLC****468.96****26.69****5.69%****49.43****Aptus Holdings LLC****459.73****-48.16****-10.48%****-43.19****AmeriLife Group LLC****430.75****36.55****8.49%****38.61****CI Financial Corp.****395.78****20.63****5.21%****41.51****Nationwide****394.14****-22.07****-5.60%****-33.45****David Young &amp; Sandra G. Glain Family Trust****387.84****-4.03****-1.04%****12.90****Oneascent Holdings LLC****384.10****11.78****3.07%****27.70****ClearShares LLC****381.22****-6.59****-1.73%****-26.62****Valkyrie Investments, Inc.****349.52****37.18****10.64%****172.52****CastleArk Management LLC****342.15****0.03****0.01%****-0.03****Vert Asset Management LLC****339.47****2.70****0.80%****8.06****Western &amp; Southern Mutual Holding Co.****337.78****2.12****0.63%****18.70****Matthews International Capital Management****329.61****2.76****0.84%****-12.21****Liquid Strategies****325.00****-69.37****-21.34%****-65.25****Teucrium****320.61****-7.41****-2.31%****-2.60****Truemark Group****303.34****19.19****6.32%****50.02****Grantham, Mayo, Van Otterloo &amp; Co. LLC****295.67****72.21****24.42%****233.50****Cavalier16****283.50****-3.37****-1.19%****-4.68****Eldridge Industries LLC****271.26****27.63****10.18%****44.68****Madison Investment Holdings****260.18****-2.46****-0.94%****-1.96****Kingsview Partners LLC****258.02****4.71****1.83%****14.47****AGF****250.96****-2.77****-1.11%****2.76****Natixis****242.89****130.07****53.55%****134.00****PlanRock Wealth Management LLC****242.78****30.49****12.56%****121.86****Core Alternative Capital****240.92****-12.39****-5.14%****-6.53****Retireful LLC****240.60****3.53****1.47%****-7.95****Stf Management LP****225.36****0.59****0.26%****-0.12****Swan Global Investments****225.18****-0.05****-0.02%****9.53****Cary Street Partners Financial LLC /VA/****213.76****-0.06****-0.03%****-3.44****Lagan Holding Co. Trust****203.38****37.20****18.29%****75.78****Little Harbor Advisors****195.97****-1.95****-1.00%****-2.67****Summit Global LLC****195.68****-20.50****-10.48%****-24.30****CornerCap Investment Counsel, Inc.****190.59****0.65****0.34%****1.21****Paralel Technologies LLC****186.27****0.00****0.00%****0.00****WBI****185.89****-7.87****-4.23%****-9.03****Renaissance Capital****182.92****-9.14****-5.00%****-30.11****Syntax Advisors****180.52****-5.26****-2.91%****-7.35****Brandes Worldwide Holdings****179.10****33.42****18.66%****77.16****Federated Hermes, Inc.****167.22****2.90****1.73%****37.52****Thrivent Financial for Lutherans****160.50****3.04****1.89%****-7.65****Toews Corp.****159.99****2.41****1.51%****2.74****Impact Shares****157.30****-6.09****-3.87%****-5.18****SRN Advisors****144.75****1.97****1.36%****-0.97****Humankind USA LLC****136.08****0.02****0.01%****0.02****Intangible Capital****132.44****-2.13****-1.61%****-2.13****Inverdale Capital Management LLC****132.04****4.47****3.39%****11.71****Running Oak Capital LLC****130.48****22.19****17.01%****44.64****The Greenwood Trust****128.47****16.15****12.57%****30.82****Soundwatch Capital LLC****124.28****0.00****0.00%****0.61****Hennessy Advisors****124.11****57.87****46.63%****62.66****Bahl &amp; Gaynor, Inc.****120.71****1.07****0.88%****1.84****Rayliant Investment Research****118.99****-0.43****-0.36%****-1.85****REX Shares LLC****116.85****54.86****46.95%****93.96****Dawn Global Topco Ltd.****113.23****12.51****11.05%****38.19****Neil Azous Revocable Trust****108.72****-8.99****-8.27%****-8.89****IronHorse Holdings****106.93****0.65****0.60%****0.65****Baird Financial Group****104.82****0.00****0.00%****-0.12****Applied Finance Group****101.72****14.04****13.80%****20.89****Pettee Investors****92.59****1.19****1.28%****3.02****Beyond Investing****91.14****1.11****1.22%****2.19****First Manhattan Co.****89.47****0.00****0.00%****0.30****Q3 Asset Management Corp.****80.00****0.81****1.01%****5.67****Absolute Investment Advisers LLC****79.92****1.45****1.81%****0.03****Ridgeline Research LLC****78.95****1.91****2.41%****-6.28****The Leuthold Group LLC****78.81****-0.82****-1.04%****-0.82****Alexis Investment Partners LLC****78.37****0.27****0.35%****2.37****Arrow Funds****77.42****-1.52****-1.96%****-2.55****OBP Capital LLC****77.37****-1.51****-1.95%****-2.61****Spear Advisors LLC****76.33****38.78****50.81%****52.69****Faith Investor Services, LLC****73.09****4.70****6.44%****13.42****Cohanzick Management****69.86****0.43****0.61%****1.49****ETFMG****69.79****-0.80****-1.14%****-7.17****First Pacific Advisors LP****69.13****6.07****8.79%****11.25****Truist****68.72****0.00****0.00%****0.00****Water Island Capital Partners LP****65.04****2.36****3.64%****-6.23****Resolute Investment Managers, Inc.****64.67****27.31****42.24%****27.87****Logan Capital Management Inc.****63.12****-1.01****-1.61%****-1.01****GeaSphere LLC****60.69****-1.17****-1.93%****-1.17****IDX Advisors LLC****58.59****1.35****2.30%****8.20****Convergence Investment Partners, LLC****55.24****10.48****18.97%****16.82****Formidable Asset Management****54.79****-0.56****-1.02%****-0.56****Cambriar Holdings****54.06****-0.01****-0.01%****-0.01****Alger Associates Inc****53.54****1.36****2.55%****1.69****Sammons Enterprises, Inc.****53.09****0.00****0.00%****0.00****Client First Investment Management LLC****51.99****-0.52****-1.00%****-1.99****Guinness Atkinson Asset Management****51.08****-1.02****-2.00%****-1.02****Infrastructure Capital Advisors****50.60****0.00****0.00%****-1.20****Goose Hollow Capital Management LLC****49.76****-5.30****-10.65%****-5.96****Thor Analytics LLC****49.30****-1.28****-2.60%****-2.04****ETF Series Solutions****43.11****0.86****2.00%****0.86****Subversive LLC****42.89****14.19****33.08%****19.50****Texas Capital Bancshares, Inc.****42.51****0.27****0.63%****21.31****Miller Value Partners LLC****41.32****4.12****9.97%****4.12****Hull Investments LLC****40.11****0.94****2.33%****0.94****ProcureAM****37.51****-0.83****-2.21%****-1.69****GAMCO Investors, Inc.****36.87****0.37****0.99%****2.39****Calamos Family Partners****35.68****3.18****8.91%****16.32****ShariaPortfolio, Inc.****35.53****3.45****9.71%****14.61****Sovereign's Capital Management LLC****34.84****2.82****8.10%****5.03****Sheaff Brock Capital Management LLC****32.64****0.00****0.00%****-0.49****Reflection Asset Management, LLC****32.06****0.00****-0.01%****1.50****AlphaMark Advisors****31.29****1.47****4.71%****1.47****Cultivar Capital, Inc.****29.67****0.00****0.00%****0.00****R Cubed Global Capital LLC****25.37****-4.48****-17.65%****-4.48****PMV Capital LLC****23.49****0.01****0.03%****0.00****WealthTrust Asset Management LLC****23.18****5.09****21.95%****5.09****Counterpoint Mutual Funds LLC****22.60****1.64****7.27%****6.93****Clough Capital Partners LLC****21.17****1.20****5.65%****5.08****Point Bridge Capital****20.64****0.00****0.00%****0.00****Clockwise Capital LLC****19.40****0.60****3.08%****1.15****Grant/GrossMendelsohn LLC****18.62****0.00****0.00%****3.48****Mairs &amp; Power, Inc.****18.52****0.22****1.20%****0.22****Macquarie Group Ltd****14.98****0.00****0.00%****0.00****Future Fund Advisors****13.49****1.58****11.71%****1.58****ETP Holdings****12.16****1.47****12.10%****2.56****Build Asset Management LLC****8.03****-1.15****-14.32%****-9.18****Democracy Investment Management LLC****7.48****0.00****0.00%****0.00****Power Financial Corp.****7.26****0.00****0.00%****0.00****Dynamic Shares LLC****7.21****0.00****0.00%****0.00****Lyrical Asset Management GP****6.59****0.00****0.00%****0.00****VegTech LLC****5.74****0.00****0.00%****0.00****Cboe Vest Financial LLC****5.47****0.00****0.00%****0.62****Kurv Investment Management LLC****5.42****1.45****26.65%****1.66****Regan Capital, LLC****5.00****3.75****75.00%****3.75****Distribution Cognizant LLC****3.96****0.00****0.00%****0.00****Hypatia Capital Group LLC****3.41****0.01****0.33%****0.01****X-Square Capital****3.38****0.00****0.00%****0.00****Jacob Asset Management of New York LLC****3.28****0.00****0.00%****0.00****Kingsbarn Capital Management LLC****2.27****0.00****0.00%****0.00****Arch Indices Investment Advisors LLC****2.10****1.57****74.90%****1.57****Langar Investment Management LLC****1.85****0.30****16.24%****1.61****DriveWealth LLC****0.76****0.00****0.00%****0.00****ONEFUND LLC****0.00****0.00****0.00%****0.00****Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.**





 

 

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