##  [# VOO, SPY, IVV Shed Assets as Market Rout Continues](/sections/news/voo-spy-ivv-shed-assets-market-rout-continues) 

 

# VOO, SPY, IVV Shed Assets as Market Rout Continues

 

 

\- Total assets under management in the world’s biggest ETFs slipped 7% in week.   
\- The top ETFs dropped below $550 billion in AUM each after previously topping $600 billion.  
\- Billions in inflows are stemming larger AUM declines.



 

 

 

 

 [![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)

 Apr 10, 2025

 Edited by: David Tony

 

 

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The world’s biggest exchange-traded funds have shed billions in assets in recent weeks, with the top three losing about 7% since last week’s market rout began, even as investors continue buying funds and betting markets will turn around.

The [**Vanguard S&amp;P 500 ETF (VOO)**](/voo), the [**SPDR S&amp;P 500 ETF Trust (SPY)**](/spy) and the [**iShares Core S&amp;P 500 ETF (IVV)**](/ivv) were all well above or hovering around $600 billion in assets, with VOO (the world’s biggest ETF) and SPY both pushing toward $650 billion before markets began tumbling around the time Donald Trump was sworn in as president.

Today, each has dipped below $550 billion, with their asset declines accelerating since April 2 when President Trump imposed tariffs on nearly all countries before pausing most of them yesterday. The three hold $1.6 trillion in assets as of Wednesday, down from more than $1.7 trillion last week.

Those drops in assets have been slowed by billions flowing into the funds in so-called "buy the dip" bets, where investors bet markets will turn up and returns will be magnified by virtue of having bought at lower prices.

## VOO, SPY Haul in Assets Amid Market Rout

VOO, with $536.2 billion in assets, brought in $10.7 billion in the previous five days. Investors continued putting money into the fund even after it dropped 12% between April 2 and April 8.

SPY, with $526.5 billion in assets, pulled in $11.7 billion over the past five sessions, while IVV, at $515.1 billion, had $1.6 billion in outflows.

[![VOO, SPY and IVV](/sites/default/files/inline-images/image_299.png)](/etfanalytics/etf-screener)*Source: etf.com data*

Strategies betting on a market turnaround since last week’s “Liberation Day” have yet to pay off. While broad stock markets soared yesterday and the Nasdaq had a double-digit percentage gain that was its biggest jump in decades, stocks fell today on fears that a trade war with China will spark a U.S. recession.

VOO, favored by retail investors to gain low-cost exposure to broad equity markets, is down 12% so far this year.

 
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 [ Ron Day Contributing Editor ](/contributors/ron-day) 

 

 

  Ron Day is Contributing Editor at etf.com. He joined the company in October 2022 and has served as Managing Editor, deputy managing editor and…   [View Bio](/contributors/ron-day)

 



 

 


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

 [SPDR](http://www.etf.com/topics/spdr) 

 [iShares](http://www.etf.com/topics/ishares)