## [# Investors Add $29.5B to ETFs as QQQ Leads Inflows](/sections/weekly-etf-flows/investors-add-295b-etfs-qqq-leads-inflows) # Investors Add $29.5B to ETFs as QQQ Leads Inflows Broad equity funds remain popular, with notable demand for tech, gold and short-term Treasury ETFs. [![sumit](/sites/default/files/styles/author_image_icon/public/2023-03/Sumit_0.png?itok=SO-7S5SH "sumit")](/authors/sumit-roy) [By Sumit Roy ](/authors/sumit-roy) Feb 24, 2025 Edited by: Ron Day [ + Follow ](/etf/login) Share Email LinkedIn Facebook X (Twitter) googletag.cmd.push(function() { googletag.display('js-dfp-tag-article_page_302x26'); }); Loading U.S.-listed exchange-traded funds saw $29.5 billion in net inflows last week, bringing year-to-date additions to $162.5 billion. Investors continued to favor broad equity funds, with notable demand for tech, gold and short-term Treasury ETFs. The [**Invesco QQQ Trust (QQQ)**](/qqq) topped the inflows list, pulling in $4.3 billion as tech stocks sagged amid economic uncertainty. [**SPDR Gold Shares (GLD)**](/gld) followed closely behind with $3.9 billion, continuing its strong run as gold prices neared all-time highs above $2,950/oz. ## SPY and VOO in Close Battle for AUM Leadership The [**SPDR S&P 500 ETF Trust (SPY)**](/spy) attracted $1.8 billion in new money last week, keeping its total assets just ahead of the [**Vanguard S&P 500 ETF (VOO)**](/voo). SPY now manages $635.5 billion, while VOO sits at $634 billion. Despite recent inflows, SPY has still seen net outflows of $12.9 billion year to date, while VOO has gained $24.4 billion—a sign that investors continue shifting toward Vanguard’s lower-cost offering. googletag.cmd.push(function() { googletag.display('js-dfp-tag-in_article_unit'); }); ## Treasury and Dividend ETFs Gain Traction Beyond equities, fixed-income and dividend-focused ETFs also saw strong demand: - [**iShares 0-3 Month Treasury Bond ETF (SGOV)**](/sgov) added $1.1 billion, reflecting continued appetite for short-duration Treasuries. - [**Fidelity High Dividend ETF (FDVV)**](/fdvv) saw an 18.5% increase in AUM, pulling in $1.1 billion as investors sought dividend-paying stocks. - [**iShares iBoxx High Yield Corporate Bond ETF (HYG)**](/hyg) gained $1 billion, signaling interest in higher-yield credit. ## Leveraged, Dow-Tracking ETFs: Heavy Redemptions On the redemption side, several funds saw notable outflows: - The [**iShares Core S&P 500 ETF (IVV)**](/ivv) lost $1.35 billion, despite strong inflows into other S&P 500-tracking ETFs. - [**SPDR Dow Jones Industrial Average ETF (DIA)**](/dia) shed $1.3 billion, a 3.4% decline in AUM, as some investors shifted away from blue-chip Dow stocks. - The [**Direxion Daily Semiconductor Bull 3x Shares (SOXL)**](/soxl) dropped $990 million, with investors pulling back from leveraged semiconductor bets. ## ETF Flows Reflect Markets in Transition With tech ETFs like QQQ seeing strong demand, but defensive plays like gold and short-term Treasuries also attracting capital, investors seem to be hedging their bets amid uncertain market conditions. At the same time, shifts within S&P 500-tracking funds suggest a continued tilt toward lower-cost ETFs, with VOO likely to overtake SPY in AUM in the coming weeks and months. For a full list of the top ETF inflows and outflows from last week, see the tables below: **Top 10 Creations (All ETFs)** TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change<[QQQ](https://www.etf.com/qqq)[Invesco QQQ Trust Series I](https://www.etf.com/qqq)4,313.69341,622.461.26[GLD](https://www.etf.com/gld)[SPDR Gold Shares](https://www.etf.com/gld)3,892.5785,236.444.57[SPY](https://www.etf.com/spy)[SPDR S&P 500 ETF Trust](https://www.etf.com/spy)1,836.45635,546.960.29[VOO](https://www.etf.com/voo)[Vanguard S&P 500 ETF](https://www.etf.com/voo)1,660.58634,022.360.26[SGOV](https://www.etf.com/sgov)[iShares 0-3 Month Treasury Bond ETF](https://www.etf.com/sgov)1,120.7335,111.993.19[FDVV](https://www.etf.com/fdvv)[Fidelity High Dividend ETF](https://www.etf.com/fdvv)1,107.476,002.1518.45[VXUS](https://www.etf.com/vxus)[Vanguard Total International Stock ETF](https://www.etf.com/vxus)1,045.4781,606.061.28[HYG](https://www.etf.com/hyg)[iShares iBoxx $ High Yield Corporate Bond ETF](https://www.etf.com/hyg)1,003.0215,358.706.53[IEMG](https://www.etf.com/iemg)[iShares Core MSCI Emerging Markets ETF](https://www.etf.com/iemg)696.1683,287.350.84[RSP](https://www.etf.com/rsp)[Invesco S&P 500 Equal Weight ETF](https://www.etf.com/rsp)681.7075,696.280.90## **Top 10 Redemptions (All ETFs)** TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change[IVV](https://www.etf.com/ivv)[iShares Core S&P 500 ETF](https://www.etf.com/ivv)-1,352.15608,143.73-0.22[DIA](https://www.etf.com/dia)[SPDR Dow Jones Industrial Average ETF Trust](https://www.etf.com/dia)-1,286.6737,767.98-3.41[LQD](https://www.etf.com/lqd)[iShares iBoxx $ Investment Grade Corporate Bond ETF](https://www.etf.com/lqd)-1,046.3030,067.71-3.48[SOXL](https://www.etf.com/soxl)[Direxion Daily Semiconductor Bull 3x Shares](https://www.etf.com/soxl)-990.439,897.70-10.01[IWM](https://www.etf.com/iwm)[iShares Russell 2000 ETF](https://www.etf.com/iwm)-633.6672,063.89-0.88[XLP](https://www.etf.com/xlp)[Consumer Staples Select Sector SPDR Fund](https://www.etf.com/xlp)-454.2216,402.75-2.77[ACWV](https://www.etf.com/acwv)[iShares MSCI Global Min Vol Factor ETF](https://www.etf.com/acwv)-422.503,736.63-11.31[VYM](https://www.etf.com/vym)[Vanguard High Dividend Yield Index ETF](https://www.etf.com/vym)-422.2661,760.84-0.68[SOXX](https://www.etf.com/soxx)[iShares Semiconductor ETF](https://www.etf.com/soxx)-401.2213,554.64-2.96[DGRO](https://www.etf.com/dgro)[iShares Core Dividend Growth ETF](https://www.etf.com/dgro)-353.2931,490.11-1.12## **ETF Weekly Flows By Asset Class** Net Flows ($, mm)AUM ($, mm)% of AUMAlternatives156.749,920.451.58%Asset Allocation108.6923,429.290.46%Commodities ETFs4,158.87182,467.992.28%Currency-246.56130,373.37-0.19%International Equity5,827.561,654,285.050.35%International Fixed Income2,128.89274,862.810.77%Inverse598.4712,857.264.65%Leveraged-1,040.26131,940.83-0.79%US Equity11,976.956,935,070.780.17%US Fixed Income5,787.371,595,530.510.36%**Total:****29,456.73****10,950,738.34****0.27%***Disclaimer: All data as of 6 a.m. ET the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.* [ + Follow ](/etf/login) [ Sumit Roy Senior ETF Analyst ](/authors/sumit-roy) Sumit Roy is the senior ETF analyst for etf.com and author of (Don't) Invest Like a Pro. He creates a variety of content for the platform, including… [View Bio](/authors/sumit-roy) Related Topics [Bond](http://www.etf.com/topics/bond)