April Kicks Off With $3.2 Billion in Outflows
The SPDR S&P 500 ETF Trust (SPY) saw a sizable $6.5 billion in outflows. Here are the daily ETF fund flows for April 1, 2025.
Investors pulled $3.2 billion from U.S.-listed ETFs to start April, with redemptions from the SPDR S&P 500 ETF Trust (SPY) leading the way.
SPY saw a sizable $6.5 billion in outflows—by far the largest of the day—as the former world's largest ETF continued to bleed assets. The iShares 20+ Year Treasury Bond ETF (TLT) also lost nearly $1 billion, reflecting continued volatility in long-term rates.
On the flip side, the iShares Core S&P 500 ETF (IVV) pulled in $1.7 billion, and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) added $740 million, indicating selective buying in riskier fixed income.
By asset class, leveraged ETFs led inflows with $349.7 million, while U.S. equity ETFs posted the steepest outflows at $2.6 billion. Notably, international fixed income also saw significant outflows of over $500 million.
Despite the net redemptions, total ETF assets remained steady at $10.4 trillion.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| IVV | iShares Core S&P 500 ETF | 1,684.84 | 581,551.30 | 0.29% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 739.90 | 15,852.78 | 4.67% |
| RSP | Invesco S&P 500 Equal Weight ETF | 670.25 | 73,024.71 | 0.92% |
| VTI | Vanguard Total Stock Market ETF | 502.48 | 442,156.41 | 0.11% |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | 408.58 | 7,439.47 | 5.49% |
| VOO | Vanguard S&P 500 ETF | 358.87 | 590,824.97 | 0.06% |
| XLE | Energy Select Sector SPDR Fund | 280.30 | 33,409.43 | 0.84% |
| XLF | Financial Select Sector SPDR Fund | 244.11 | 52,080.59 | 0.47% |
| QUAL | iShares MSCI USA Quality Factor ETF | 230.77 | 48,675.32 | 0.47% |
| VEA | Vanguard FTSE Developed Markets ETF | 229.26 | 144,083.38 | 0.16% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -6,540.59 | 569,468.28 | -1.15% |
| TLT | iShares 20+ Year Treasury Bond ETF | -973.49 | 51,849.53 | -1.88% |
| IWM | iShares Russell 2000 ETF | -548.75 | 63,336.14 | -0.87% |
| IGV | iShares Expanded Tech-Software Sector ETF | -423.22 | 9,466.87 | -4.47% |
| PDP | Invesco Dorsey Wright Momentum ETF | -303.73 | 1,200.93 | -25.29% |
| SCHO | Schwab Short-Term US Treasury ETF | -284.90 | 10,667.74 | -2.67% |
| IAGG | iShares Core International Aggregate Bond ETF | -265.17 | 6,719.26 | -3.95% |
| BBHY | JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | -258.36 | 682.06 | -37.88% |
| BBAG | JPMorgan BetaBuilders U.S. Aggregate Bond ETF | -216.81 | 1,331.92 | -16.28% |
| GLD | SPDR Gold Shares | -201.09 | 93,250.11 | -0.22% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 48.04 | 9,857.86 | 0.49% |
| Asset Allocation | 28.16 | 23,375.29 | 0.12% |
| Commodities ETFs | -187.71 | 200,310.71 | -0.09% |
| Currency | -61.67 | 104,257.25 | -0.06% |
| International Equity | 57.78 | 1,630,249.60 | 0.00% |
| International Fixed Income | -522.54 | 280,933.01 | -0.19% |
| Inverse | -58.41 | 14,006.74 | -0.42% |
| Leveraged | 349.73 | 100,434.01 | 0.35% |
| US Equity | -2,573.05 | 6,422,630.75 | -0.04% |
| US Fixed Income | -247.50 | 1,638,114.65 | -0.02% |
| Total: | -3,167.16 | 10,424,169.87 | -0.03% |
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.
