##  [# SMH Attracts $605M as Strong Jobs Data Lift Markets](/sections/daily-etf-flows/smh-attracts-605m-strong-jobs-data-lift-markets) 

 

# SMH Attracts $605M as Strong Jobs Data Lift Markets

 

 

\- SMH led ETF inflows as the Dow jumped 344 points July 3 on better-than-expected employment.  
\- VOO and SPLG gained, while SPY and LQD saw outflows.



 

 

 

 

 [![DJ](/sites/default/files/styles/author_image_icon/public/2024-07/5.png?itok=LA-jevm_)](/authors/dj-shaw) 

[By DJ Shaw ](/authors/dj-shaw)

 Jul 07, 2025

 Edited by: David Tony

 

 

 [ + Follow ](/etf/login) 

     Share  <a class="a2a a2a_button_email"> Email </a><a class="a2a a2a_button_linkedin"> LinkedIn </a><a class="a2a a2a_button_facebook"> Facebook </a><a class="a2a a2a_button_x"> X (Twitter) </a> 

 

 

 

 

 

 

 

 

  
            googletag.cmd.push(function() {
                googletag.display('js-dfp-tag-article_page_302x26');
            });
    
    

 

 

  

 



 

 

  Loading 

 

 



 

 

The [**VanEck Semiconductor ETF (SMH)**](/smh) pulled in $604.7 million Thursday, bringing its assets under management to $27.1 billion, according to data provided by FactSet. The inflows came as the Dow Jones Industrial Average climbed 344 points after [nonfarm payrolls](https://www.bls.gov/news.release/empsit.nr0.htm) rose by 147,000 in June, beating the 110,000 forecast and pushing the S&amp;P 500 to a record close of 6,279.35.

The [**Vanguard S&amp;P 500 ETF (VOO)**](/voo) attracted $1.4 billion, while the [**SPDR Portfolio S&amp;P 500 ETF (SPLG)**](/splg) collected $700.6 million. The [**Vanguard Total Stock Market ETF (VTI)**](/vti) pulled in $568.1 million, and the [**iShares Core S&amp;P Total U.S. Stock Market ETF (ITOT)**](/itot) gained nearly $543 million as the Nasdaq-100 rose 1%.

The [**SPDR S&amp;P 500 ETF Trust (SPY)**](/spy) saw outflows of $3.9 billion, while the [**iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)**](/lqd) lost $535.2 million. The [**iShares 20+ Year Treasury Bond ETF (TLT)**](/tlt) experienced outflows of $507.6 million as Treasury yields spiked on the strong jobs data.

U.S. equity ETFs gained $1.6 billion, while U.S. fixed-income ETFs lost $414.7 million. International equity ETFs attracted $1.2 billion. Overall, ETFs gained $3 billion ahead of the July 4 market holiday.

## Top 10 Creations (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change[VOO](https://www.etf.com/voo)[Vanguard S&amp;P 500 ETF](https://www.etf.com/voo)1,382.91688,180.980.20%[SPLG](https://www.etf.com/splg)[SPDR Portfolio S&amp;P 500 ETF](https://www.etf.com/splg)700.6374,507.440.94%[SMH](https://www.etf.com/smh)[VanEck Semiconductor ETF](https://www.etf.com/smh)604.7027,068.502.23%[VTI](https://www.etf.com/vti)[Vanguard Total Stock Market ETF](https://www.etf.com/vti)568.07502,755.870.11%[ITOT](https://www.etf.com/itot)[iShares Core S&amp;P Total U.S. Stock Market ETF](https://www.etf.com/itot)542.9771,122.280.76%[IWM](https://www.etf.com/iwm)[iShares Russell 2000 ETF](https://www.etf.com/iwm)397.7266,165.640.60%[QQQM](https://www.etf.com/qqqm)[Invesco NASDAQ 100 ETF](https://www.etf.com/qqqm)351.4953,473.450.66%[XLK](https://www.etf.com/xlk)[Technology Select Sector SPDR Fund](https://www.etf.com/xlk)241.0480,369.900.30%[SGOV](https://www.etf.com/sgov)[iShares 0-3 Month Treasury Bond ETF](https://www.etf.com/sgov)230.8750,288.470.46%[VTV](https://www.etf.com/vtv)[Vanguard Value ETF](https://www.etf.com/vtv)219.80140,172.500.16% 
            googletag.cmd.push(function() {
                googletag.display('js-dfp-tag-in_article_unit');
            });
    
    

 

 

## Top 10 Redemptions (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change[SPY](https://www.etf.com/spy)[SPDR S&amp;P 500 ETF Trust](https://www.etf.com/spy)-3,939.69636,482.26-0.62%[LQD](https://www.etf.com/lqd)[iShares iBoxx $ Investment Grade Corporate Bond ETF](https://www.etf.com/lqd)-535.1529,837.59-1.79%[TLT](https://www.etf.com/tlt)[iShares 20+ Year Treasury Bond ETF](https://www.etf.com/tlt)-507.6247,628.45-1.07%[FXR](https://www.etf.com/fxr)[First Trust Industrials/Producer Durables AlphaDEX Fund](https://www.etf.com/fxr)-385.891,849.22-20.87%[FXO](https://www.etf.com/fxo)[First Trust Financials AlphaDEX Fund](https://www.etf.com/fxo)-328.782,171.07-15.14%[VTWO](https://www.etf.com/vtwo)[Vanguard Russell 2000 ETF](https://www.etf.com/vtwo)-236.6712,717.75-1.86%[SOXL](https://www.etf.com/soxl)[Direxion Daily Semiconductor Bull 3x Shares](https://www.etf.com/soxl)-211.6714,307.27-1.48%[HYG](https://www.etf.com/hyg)[iShares iBoxx $ High Yield Corporate Bond ETF](https://www.etf.com/hyg)-176.2917,468.93-1.01%[TQQQ](https://www.etf.com/tqqq)[ProShares UltraPro QQQ](https://www.etf.com/tqqq)-173.4126,762.65-0.65%[UPRO](https://www.etf.com/upro)[ProShares UltraPro S&amp;P500](https://www.etf.com/upro)-161.884,352.38-3.72%## ETF Daily Flows By Asset Class

 Net Flows ($, mm)AUM ($, mm)% of AUMAlternatives29.7910,154.470.29%Asset Allocation-103.9325,111.61-0.41%Commodities ETFs78.16221,343.240.04%Currency244.41154,067.610.16%International Equity1,207.161,885,324.940.06%International Fixed Income725.41304,069.780.24%Inverse91.4714,219.320.64%Leveraged-521.88142,962.56-0.37%US Equity1,618.237,176,191.740.02%US Fixed Income-414.721,701,792.05-0.02%**Total:****2,954.08****11,635,237.33****0.03%***Disclaimer: All data as of 6 a.m. Eastern time 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) 

 [ DJ Shaw Finance Reporter ](/authors/dj-shaw) 

 

 

  A graduate of The University of Texas, Arlington with a BA in Communications, DJ has covered retirement plans, mortgage news, and financial advisor…   [View Bio](/authors/dj-shaw)

 



 

 


 Related Topics  [S&amp;P 500](http://www.etf.com/topics/sp-500) 

 [Semiconductors](http://www.etf.com/topics/semiconductors) 

 [Treasury Bond ETFs](http://www.etf.com/topics/treasury-bond-etfs)