##  [# US ETFs Shrug Off March Mayhem to Add $96 Billion in Assets](/sections/monthly-etf-flows/us-etfs-shrug-march-mayhem-add-96-billion-assets) 

 

# US ETFs Shrug Off March Mayhem to Add $96 Billion in Assets

 

 

Despite trade tensions and tariff-driven market swings, U.S.-listed ETFs pulled in $96 billion in March, bringing year-to-date inflows to $293 billion.



 

 

 

 

 [![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)

 Apr 02, 2025

 Edited by: David Tony

 

 

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U.S.-listed ETFs shrugged off a volatile March, pulling in almost $96 billion in net inflows for the month. That strong showing brought year-to-date inflows to just shy of $293 billion, as investors continued to lean into ETFs despite a turbulent backdrop marked by uncertainty surrounding tariffs from the Trump administration.

Equity ETFs led the way, raking in $67 billion in March. Fixed-income ETFs also saw healthy demand, adding $21 billion as investors sought a balance between risk and safety.

## IVV Leads Inflows

The [**iShares Core S&amp;P 500 ETF (IVV)**](/ivv) topped the inflows leaderboard with $22 billion in net creations. That surge in assets helped IVV officially surpass the [**SPDR S&amp;P 500 ETF Trust (SPY)**](/spy) to become the second-largest ETF in the world, ending the month with $577 billion in assets under management, compared to SPY’s $573 billion. (SPY also had the unfortunate distinction of leading the outflows list, shedding $21 billion for the month.)

Coming in second for inflows was the [**Vanguard S&amp;P 500 ETF (VOO)**](/voo), which gathered $6.3 billion. VOO remained the world’s largest ETF, closing out March with $587 billion in AUM.

Low-cost index exposure was a notable theme. The [**SPDR Portfolio S&amp;P 500 ETF (SPLG)**](/splg), which charges a rock-bottom 0.02% expense ratio, drew in $3.6 billion, continuing its momentum as a popular choice among cost-conscious investors.  
  
![Inflow leaders](/sites/default/files/inline-images/flow.png)*Source: etf.com data*

 
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## Investors Seek Safe Havens

Amid market uncertainty, investors also turned to ultra-short-term Treasury ETFs, which saw strong demand. The [**iShares 0-3 Month Treasury Bond ETF (SGOV)**](/sgov) brought in $3.7 billion, while the [**SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)**](/bil) added $2.9 billion.

The [**SPDR Gold Shares (GLD)**](/gld) also had a standout month, attracting $2.9 billion in inflows as gold prices surged to record highs above $3,100 per ounce, reflecting heightened demand for safe-haven assets.

More aggressive investors took advantage of the market pullback with the [**ProShares UltraPro QQQ (TQQQ)**](/tqqq), which picked up $3 billion during the month. The Nasdaq 100 index, which the fund tracks, briefly dipped more than 15% from its highs during March, setting the stage for bargain hunting.

International exposure remained a focus for investors. The [**Vanguard FTSE Europe ETF (VGK)**](https://vgk) added $2.4 billion as optimism around Europe’s economy gained traction among global investors.



 

 

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 [ 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  [Equity](http://www.etf.com/topics/equity) 

 [Fixed Income](http://www.etf.com/topics/fixed-income) 

 [Bond](http://www.etf.com/topics/bond) 

 [Ultra-Short Term](http://www.etf.com/topics/ultra-short-term)