SGOV Adds $1.1B in New AUM as Bond Buying Leads the Way
- The iShares 0-3 Month Treasury Bond ETF (SGOV) led the inflows list on Friday.
- Here are the daily ETF fund flows for May 2, 2025.
ETF investors leaned cautiously bullish to close out the week, adding $5.3 billion to U.S.-listed funds on Friday. As always, single-day flow numbers can be noisy, but there were some clear trends worth highlighting.
Fixed income was the big winner. U.S. bond ETFs brought in more than $3.5 billion on the day, led by inflows into ultra-short-term Treasury products. The iShares 0-3 Month Treasury Bond ETF (SGOV) topped the charts with $1.1 billion in new money, while the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) added another $411 million. Meanwhile, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) saw $697 million in inflows, suggesting continued demand for high-quality yield.
Stocks weren’t left behind entirely. The Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF Trust (SPY) pulled in $970 million and $866 million, respectively. The iShares Russell 2000 ETF (IWM) also had a strong showing, with just under $510 million in net creations.
But not every equity ETF had a good day. The iShares Core S&P 500 ETF (IVV) saw a hefty $2.5 billion in outflows, topping the redemptions list. The Invesco QQQ Trust (QQQ) and its leveraged cousin, the ProShares UltraPro QQQ (TQQQ), also shed more than $800 million combined, suggesting some rotation out of tech-heavy names.
Leveraged ETFs broadly were in the red, with more than $602 million in outflows on the day. Commodity ETFs also posted modest outflows.
All in all, Friday’s flows paint a picture of investors staying cautiously positioned—still adding to broad equity exposure but keeping plenty of dry powder in ultra-safe Treasury bills.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SGOV | iShares 0-3 Month Treasury Bond ETF | 1,123.99 | 45,717.40 | 2.46% |
| VOO | Vanguard S&P 500 ETF | 970.04 | 612,792.30 | 0.16% |
| SPY | SPDR S&P 500 ETF Trust | 865.94 | 573,492.79 | 0.15% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 696.66 | 28,198.61 | 2.47% |
| IWM | iShares Russell 2000 ETF | 509.92 | 58,572.61 | 0.87% |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 411.41 | 47,297.57 | 0.87% |
| KLMN | Invesco MSCI North America Climate ETF | 385.86 | 1,715.71 | 22.49% |
| IBIT | iShares Bitcoin Trust ETF | 351.38 | 58,713.60 | 0.60% |
| IEF | iShares 7-10 Year Treasury Bond ETF | 304.97 | 34,489.86 | 0.88% |
| QQQM | Invesco NASDAQ 100 ETF | 293.33 | 42,977.25 | 0.68% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| IVV | iShares Core S&P 500 ETF | -2,525.89 | 561,813.75 | -0.45% |
| QQQ | Invesco QQQ Trust Series I | -529.54 | 301,498.94 | -0.18% |
| XLF | Financial Select Sector SPDR Fund | -292.46 | 48,770.07 | -0.60% |
| TQQQ | ProShares UltraPro QQQ | -287.18 | 20,961.32 | -1.37% |
| TLT | iShares 20+ Year Treasury Bond ETF | -274.70 | 46,956.17 | -0.59% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | -264.89 | 36,450.48 | -0.73% |
| XLK | Technology Select Sector SPDR Fund | -234.50 | 65,822.07 | -0.36% |
| RSP | Invesco S&P 500 Equal Weight ETF | -231.50 | 69,424.65 | -0.33% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -164.29 | 14,480.67 | -1.13% |
| VV | Vanguard Large-Cap ETF | -141.36 | 38,354.93 | -0.37% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 26.68 | 9,792.89 | 0.27% |
| Asset Allocation | 44.17 | 23,787.02 | 0.19% |
| Commodities ETFs | -131.78 | 206,865.57 | -0.06% |
| Currency | 432.06 | 124,531.34 | 0.35% |
| International Equity | 1,032.15 | 1,679,708.05 | 0.06% |
| International Fixed Income | 288.86 | 279,967.93 | 0.10% |
| Inverse | 385.03 | 15,430.18 | 2.50% |
| Leveraged | -602.33 | 107,918.92 | -0.56% |
| US Equity | 394.04 | 6,410,075.73 | 0.01% |
| US Fixed Income | 3,456.83 | 1,643,671.07 | 0.21% |
| Total: | 5,325.73 | 10,501,748.71 | 0.05% |
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.
